FON University · Skopje, North Macedonia
The Master in Finance (Delovna ekonomija, nasoka Finansii) - specialist studies programme at FON University (Faculty of Economic Sciences (Fakultet za ekonomski nauki)) is a Master (specialist professional second-cycle studies; 60 ECTS one-year master) program delivered in Macedonian over a duration of 1 year / 2 semesters (one-year second-cycle studies per official 2026/27 call) (60). This Master programme in Finance explores capital markets, financial institutions, corporate valuation, quantitative finance, and asset management. Students learn to analyze complex financial instruments, construct optimal portfolios, and navigate global financial regulations. Graduates work in investment banking, financial services, asset management, and corporate finance.
Key facts
Instruction in Macedonian language (official 2026/27 call; mobility windows in other languages possible depending on student choice/interest). No specific language certificate minimum published for second-cycle entry. Foreign citizens enroll under the same conditions; foreign citizens enrolling for the first time must prove language proficiency at minimum B2 level or may take the AUE-FON language exam / attend the Language and Academic Preparation Program.
Completed first-cycle studies in appropriate or related fields with at least 180 ECTS credits (entry to specialist second-cycle studies) or at least 240 ECTS credits / VII-1 education level (entry to master's second-cycle studies), plus conditions of the study programme. Applicants with foreign diplomas need a Ministry of Education and Science decision on recognition of the foreign qualification (nostrification).
Application form (Priyaven list); diploma/certificate of completed first-cycle studies; birth certificate extract; citizenship certificate/decision; proof of payment of first installment of annual tuition; three photos 3.5 x 4.5 cm. Foreign-educated applicants: MoES nostrification decision plus documents on which recognition was based, in original with notarized Macedonian translation. All documents submitted in original, Monday-Friday 09:00-15:00 at AUE-FON (bul. Kiro Gligorov 5, Skopje).
2026-12-25
2026-12-25
| EU & Non-EU | Tuition | Living | Total |
|---|---|---|---|
| EU & Non-EU | €4,500 | — | needs the fee |