Financial Management (Финансиски менаџмент)

Ss. Cyril and Methodius University in Skopje · Skopje, North Macedonia

MSc (Master of Science)English60 ECTS1 yearOn CampusFull-time

The Financial Management (Финансиски менаџмент) programme at Ss. Cyril and Methodius University in Skopje (Economic Institute (Економски институт)) is a MSc (Master of Science) program delivered in Macedonian over a duration of 1 year / 2 semesters (60 ECTS). This programme offers rigorous training in corporate finance, financial analysis, investment strategies, risk management, and capital budgeting. Students gain hands-on proficiency in quantitative financial modeling and portfolio management. Graduates are prepared for roles as financial analysts, corporate treasurers, investment managers, and financial consultants.

Key facts

Tuition (EU / EEA students)
€1,900/year — 1,900 EUR total programme fee (incl. master thesis defence)
Tuition (Non-EU students)
€1,900/year — 1,900 EUR total programme fee (incl. master thesis defence) - same rate for all international students
Application deadlines (EU / EEA students)
2026-10-16
Application deadlines (Non-EU students)
2026-10-16
Duration
1 year
ECTS credits
60
Language
English
Study format
On Campus
Starts
October 2026 (2026/27 winter semester per UKIM academic calendar)
Intake
Winter (October 2026); Summer (February 2027) possible only if the programme opts into Round 2

Language requirements

Required proficiency

No additional language certificate required for Macedonian speakers; international applicants must prove Macedonian proficiency (B1/B2 CEFR) per UKIM rules for foreign students (proof of active knowledge of a foreign language is among the standard application documents per the Konkurs).

Admission requirements

Entry requirements

Completed first-cycle (bachelor) degree of 240 ECTS (4-year) or 180 ECTS (3-year) in corresponding or related studies with the required ECTS differential as per UKIM Konkurs and the study-programme conditions; registration at www.upisi.ukim.mk and iKnow e-application; ranking by undergraduate GPA.

Required documents

Signed UKIM application form and internal application form generated by the iKnow system; original document for completed first-cycle studies (diploma or certificate) - for candidates who graduated abroad: nostrification decision issued by the Ministry of Education and Science of North Macedonia; CV; proof of active knowledge of a foreign language; proof of paid administrative fee of 50.00 MKD (form PP-50, per Konkurs); recommendations from academic/scientific staff (if any); list of professional/scientific papers with one specimen copy (if any); documents for awards/recognition (if any); at enrolment: index and application forms, two photos (3.5x4.5 cm), proof of payment of programme-specific costs where applicable. Documents submitted at the Student Services Office of the chosen faculty.

Application deadlines

EU / EEA students

2026-10-16

Non-EU students

2026-10-16

Programme overview

Official university

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What will it actually cost?

Tuition plus the legal minimum proof-of-funds for North Macedonia, over 1 year of study.

EU & Non-EUTuitionLivingTotal
EU & Non-EU€1,900—needs the fee

No official living-cost requirement on file for this country.

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Helpful resources

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