Business Finance

The Master’s program is a professional approach to the preparation of highly qualified managers, entrepreneurs and experts who are able to provide the best strategic and operational solutions to deal with the economic and financial problems of companies.

Education format: Distance learning

Study duration: 1,5 year (3 semesters)

Language: Bulgarian

ECTS credits: 90 ECTS

The “Business Finance” program includes refined and practice-relevant modules of disciplines. They are selected in accordance with the modern national needs and European requirements in the field of finance, building on the knowledge of the students, logically presented and appropriately distributed in three semesters. The high-quality education is provided by highly qualified lecturers and specialists, which guarantees successful realization on the labor market of the graduates of the master’s program in accordance with the goals and mission of IBS to create competitive specialists at the international level. Interactive methods, combined with multimedia presentations, discussions, course projects, case studies, etc., are widely used in the learning process. We offer a supportive academic environment that tolerates equality. We provide opportunities for students to join teams to work on projects for scientific and practical research.

The Master’s program in “Business Finance” shares the priorities and reflects the strategic goals and tasks of IBS, related to educational and research activities. The program complies with the regulatory framework and requirements of NEAA for training in the Master’s degree program, with the Higher Education Act, the European Credit Transfer and Accumulation System (ECTS) and the regulations of IBS. The program is implemented and administered through developed educational documentation and curricula, aimed at acquiring knowledge and skills, and building personal and professional competencies, in accordance with the National Qualifications Framework of the Republic of Bulgaria, the European Qualifications Framework (EQF) and the Qualifications Framework in the European Higher Education Area (EHEA).

Compulsory courses

• Financial Law
• Financial Analysis
• Asset and Securities Financing Techniques
• Financial Process Modeling
• Corporate Taxation
• Banks and Payment Systems
• Risk Management
• Investment Management
• Master’s Seminar

Elective courses

• Risk Management/Financial Engineering and Forecasting
• Financial Budgeting/Alternative Investments

Facultative courses

• Any course offered by other master’s programs

Master’s Thesis

Theoretical:

• The essence, methods and tools of financial analysis;
• Portfolio and corporate finance valuation and management, and alternative investments;
• The legal framework of corporate finance;
• Trading and behavior of capital markets;
• Risk management, lending, securities issuance, financial resource and asset management;
• Financial intermediation opportunities.

Practical:

• Rational interpretation and analysis of current economic and financial processes;
• Managing corporate savings and investments;
• Preparing financially sound decisions necessary to achieve the company’s goals;
• Assessing risk when making investment decisions;
• Effective asset and activity management.

• Expert in banking or non-banking financial institutions
• Financial analyst and expert in public administration, central and local government bodies
• Expert in financial brokerage houses
• Financial manager in multinational corporations
• Expert in international financial organizations

Successful graduates of the program receive a higher education diploma with a “Master” degree and a European diploma supplement, valid and recognized worldwide.

Successful graduates in MA program “Business Finance” can continue their studies in a PhD program.