International Balkan University · Skopje, North Macedonia
The Master in Economics (two-year variant, 120 ECTS) 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 2 years / 4 semesters (120 ECTS two-year second-cycle variant; total fee 3,000 EUR - same as the one-year masters) (120). This advanced second-cycle programme provides students with specialized theoretical knowledge, practical skills, and research capabilities in the discipline. Graduates are prepared for professional careers in industry, public administration, or further doctoral research.
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 | €6,000 | — | needs the fee |