Finance, Banks and Insurance

State University of Tetovo · Tetovo, North Macedonia

Master of Finance, Banks and Insurance (Second Cycle, 60 ECTS)English60 ECTS1 yearOn CampusFull-time

The Finance, Banks and Insurance programme at State University of Tetovo (Faculty of Economics (Fakulteti Ekonomik)) is a Master of Finance, Banks and Insurance (Second Cycle, 60 ECTS) program delivered in Albanian (University of Tetova instruction languages: Albanian and Macedonian) over a duration of 1 year / 2 semesters (4+1 model) (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

Tuition (EU / EEA students)
€750/year — 750 EUR per semester (1,500 EUR total for 2 semesters)
Tuition (Non-EU students)
€750/year — 750 EUR per semester (1,500 EUR total for 2 semesters)
Application deadlines (EU / EEA students)
2026-10-12
Application deadlines (Non-EU students)
2026-10-12
Duration
1 year
ECTS credits
60
Language
English
Study format
On Campus
Starts
1 October 2026
Intake
Fall (October 2026) - single annual intake

Language requirements

Required proficiency

No language certificate (IELTS/TOEFL) requirements published for Master programmes; no entrance exam is held - admission is ranked on first-cycle GPA. Programme is taught in Albanian (University languages: Albanian and Macedonian).

Admission requirements

Entry requirements

Completed first cycle (Bachelor) degree; Faculty of Economics organizes second-cycle studies under the 4+1 model (240 ECTS bachelor). Candidates ranked by undergraduate GPA (no entrance exam). Foreign-educated candidates must obtain grade equivalence and nostrification at the Ministry of Education and Science of North Macedonia; foreign students must submit proof of accreditation of their previous study programme.

Required documents

1) Online application via apply.unite.edu.mk and candidate profile activation (confirmation link sent by e-mail); 2) Birth certificate extract and citizenship certificate; 3) Notarized diploma of completed higher education (original diploma presented for verification; UniteT graduates with diploma in process may apply with grade certificate); 4) Original transcript of passed exams; 5) Foreign-educated candidates: grade equivalence certificate and nostrification decision from Ministry of Education and Science, plus proof of accreditation of previous programme (foreign students); 6) Recommendations from professors/scientific workers (if available); 7) List of scientific/professional published works with copies (if any); 8) Proof of awards/recognitions (if any); 9) Proof of payment of 1,050 MKD administrative fee (payment from abroad via National Bank of the Republic of Macedonia, IBAN MK07 1007 0100 0066 227, SWIFT NBRM MK 2X, or epay.unite.edu.mk).

Application deadlines

EU / EEA students

2026-10-12

Non-EU students

2026-10-12

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€750—needs the fee

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

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Helpful resources

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