Master of Economics – Finance (Магистер по економија, насока Финансии)

University of Tourism and Management in Skopje · Skopje, North Macedonia

Master of Economics (second cycle)English60 ECTS1 yearOn CampusFull-time

The Master of Economics – Finance (Магистер по економија, насока Финансии) programme at University of Tourism and Management in Skopje (Faculty of Economics (Економски факултет)) is a Master of Economics (second cycle) program delivered in 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)
MKD 123,000/year — 123,000 MKD per year (61,500 MKD per semester); total 123,000 MKD for the 1-year programme
Tuition (Non-EU students)
MKD 123,000/year — 123,000 MKD per year (61,500 MKD per semester); total 123,000 MKD for the 1-year programme
Application deadlines (EU / EEA students)
2026-11-13
Application deadlines (Non-EU students)
2026-11-13
Duration
1 year
ECTS credits
60
Language
English
Study format
On Campus
Starts
Academic Year 2026/2027 (results announced 16 November 2026)
Intake
2026/2027 academic year (Fall intake)

Language requirements

Required proficiency

Document proving knowledge of one world language must be submitted among the application documents (no specific level or certificate list stated in the Call); instruction is in Macedonian

Admission requirements

Entry requirements

Completed first-cycle university studies of 4 years (240 ECTS) at accredited universities/faculties in the country or abroad, in corresponding or related fields; candidates may enroll as full-time, part-time or distance students (self-financed); no entrance exam specified for second cycle; quota 30 students

Required documents

Enrollment application form (obtained at the university); diploma, diploma supplement or certificate of passed exams; document proving knowledge of one world language; birth certificate extract (domestic citizens); proof of citizenship (domestic) or notarized passport copy (foreign citizens); part-time candidates additionally submit an employment contract or medical certificate; candidates with education completed abroad must obtain recognition (nostrification) of their diploma

Application deadlines

EU / EEA students

2026-11-13

Non-EU students

2026-11-13

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-EUMKD 123,000—needs the fee

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

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Helpful resources

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