Master in International Finance

Varna Free University 'Chernorizets Hrabar' · Varna, Bulgaria

Master's DegreeEnglish90 ECTS18 monthsOn CampusFull-time

The Master in International Finance programme at Varna Free University 'Chernorizets Hrabar' (Economics - VFU academic programme) is a Master's Degree program delivered in Bulgarian (English available for selected programmes) over a duration of 1.5 years / 3 semesters (90 ECTS). 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): 1,150 BGN
Tuition (Non-EU students): €2,500/year — EU: 1,150 BGN
Application deadlines (EU / EEA students): 2026-09-01
Application deadlines (Non-EU students): 2026-09-01
Duration: 18 months
ECTS credits: 90
Language: English
Study format: On Campus
Starts: October 2026 (Winter Semester 2026/2027); spring intake available
Intake: Fall and Spring intakes

Language requirements

Required proficiency

Bulgarian; English-taught tracks available (certified proficiency)

Admission requirements

Entry requirements

Bachelor's degree; diploma recognition for foreign applicants

Required documents

Application; diploma + transcript; ID/passport; photos; application fee

Application deadlines

EU / EEA students

2026-09-01

Non-EU students

2026-09-01

Programme overview

DegreeMaster's Degree
Duration18 months
ECTS90
LanguageEnglish
Study formatOn Campus
PaceFull-time
CountryBulgaria
FacultyEconomics - VFU academic programme

Official university

Varna Free University 'Chernorizets Hrabar'

Visit official programme page →

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What will it actually cost?

Tuition plus the legal minimum proof-of-funds for Bulgaria, over 1.5 years of study.

	Tuition	Living	Total
EU/EEA	Fee not published	—	needs the fee
Non-EU	€3,750	—	needs the fee

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

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Helpful resources

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