International Balkan University · Skopje, North Macedonia
The Master in Banking and Finance programme at International Balkan University (Faculty of Economics and Administrative Sciences) is a MSc (Master of Science) program delivered in English over a duration of 1 year / 2 semesters (60 ECTS; can be extended for a second year without extra payment) (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
English-taught: minimum B2 CEFR overall per IBU Master admission page. Proof via TOEFL/IELTS certificate issued within last 2 years, Medium of Instruction (MOI) document (last 2 years; speaking exam may apply), or IBU Language School proficiency exam (October intake: exam in September; mid-year intake: exam in January/February). The 2026/27 Call states minimum B1 and internal English exam pass 60/100; students below threshold must attend the IBU Preparatory English Language Program (3,000 EUR/year Balkan countries, 5,000 EUR/year international students).
Completed first-cycle (bachelor) studies of 240 ECTS per Article 108 of the Law on Higher Education of the Republic of North Macedonia or international equivalent; minimum average grade 7.00/10.00; English language proficiency; master's thesis prepared and defended within two years of registration. Program will not be activated if fewer than 5 students enroll.
Online application via https://hello.ibu.edu.mk/apply, then upload: university diploma (with Apostille for international applicants), transcript/diploma supplement, detailed plan of studies, notarized authorization (apostilled), passport copy (validity 24+ months, internationals), court certificate of no criminal record (apostilled), health insurance certificate, notarized letter of commitment on financing (internationals), photo 3x3.5 cm (8 copies), signed student contract, tuition fee payment receipt, administrative fee payment receipt. 2026/27 Call for local applicants: first-cycle diploma, transcript, citizenship certificate, ID card/passport, English proficiency certificate, nostrification decision if prior education completed abroad.
2026-09-30
2026-09-30
| EU & Non-EU | Tuition | Living | Total |
|---|---|---|---|
| EU & Non-EU | €3,000 | — | needs the fee |