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International finance

FACULTY International Economics and Administration Faculty
DEPARTMENT Department of Computer Science and Economics
PROFESSIONAL AREA Economics

 

Speciality: International finance

 

Awarded qualification: Financier

 

Level of qualification: Master


Length of programme: a year /a year and a half

 

Number of credits: 60/90

 

Field(s) of study (ISCED-F): 0412: Finance, banking and insurance (343)

 

Specific admission requirementsSuccessfully completed secondary/higher education.

 

Specific arrangements for recognition of prior learning: 
Formal: diplomas and academic transcripts from accredited universities.

  • 2 semesters for Bachelors or Masters in Economics. In order to be awarded the qualification 60 credits are necessary.
  • 3 semesters for Bachelors or Masters from other professional areas. In order to be awarded the qualification 90 credits are necessary.

 

Qualification requirements and regulations, including graduation requirements*:

  • In order to get their qualification two semester students must be allocated 60 credits -33 credits from compulsory courses, 12 from elective courses, 12 credits from optional courses,  and 15 credits from State Examinations (Thesis defence).
  • In order to get their qualification three  semester students must be allocated 60 credits -33 credits from compulsory courses, 12 from elective courses, 12 credits from optional courses,  and 15 credits from State Examinations (Thesis defence).

 

Profile of the programme:
Master's program "International Finance" offers specialized training on topical issues of international financial activities and in accordance with international, European and national criteria and requirements.
The program is designed for preparation of students for  executives and experts with professional interests in the field of international finance, financing of international trade relations, financial analysis and reports, prepared in accordance with International Financial Reporting Standards, investment valuation of companies, financial and banking management, transnational nature of the banking sector.
For this purpose the study plan includes basic and specialized courses, developing knowledge and skills of students in finance, banking, financial markets and investments, marketing of financial services, international economy and financial institutions on national and especially international level. Graduates of the Master's program "International Finance" can work as managers and specialists in commercial banks and insurance institutions, state and local administrations, national and international financial organizations, as well in industrial and commercial organizations, as this specialization offers a broad profile of skills suitable for the modern international activity on macro and micro level.

 

Programme learning outcomes:
Students who finish this specialty acquire knowledge and skills about banking, financial activities, international financial institutions, financing of international trade and the EU, analysis and evaluation of companies with international activities, preparation of financial statements, international finance and financial reporting standards, forms and methods of payment in international business, management and control of enterprises and banks.

 

Programme structure diagram with credits *:

ECTS code

Course

Lectures and seminars

Out-of-class workload

Credits

1

FIN3289

Finance

60

120

6

2

ECO1039

Economics

60

120

6

3

MAR1004

Marketing

60

120

6

4

ECO1064

International Economics

60

120

6

5

ACC1008

Fundamentals  of accounting

60

120

6

Total for semester I

300

600

30

1

FIN1010

International finance

45

90

4,5

2

FIN3327

International Financial Reporting Standards

30

60

3

3

FIN3328

Financial markets and institutions

45

90

4,5

4

ACC3121

Financial statements

30

60

3

5

MAR3012

Marketing of financial services

30

60

3

6

FIN3254

Geo-economic aspects of the transnational nature of the banking sector

30

60

3

7

FIN3329

International payment methods

30

60

3

8

 

Elective course

30

60

3

9

 

Optional course

30

60

3

Total for semester 

300

600

30

 

 

Общо за І година

600

1200

60

1

FIN3330

Financial analysis of international companies

30

60

3

2

FIN3331

Investment valuation

30

60

3

3

FIN3261

Foreign Commercial Operations

30

60

3

4

 

Elective course

30

60

3

5

 

Optional course

30

60

3

 

 

State exam and thesis defense

150

300

15

Total for semester IІІ

300

600

30

 

 

Total for the entire course of study:

900

1800

90

 

 

Elective courses, choose 2 from 6

 

 

 

 1

FIN3332

Banking

30

60

3

2

LAW3352

Legal regulation of investments

30

60

3

3

PCI3003

Business communications

30

60

3

4

MAN3441

Mergers and acquisitions

30

60

3

5

FIN3313

Financial mathematics

30

60

3

6

FIN3333

Analysis of  return and  risk

30

60

3

 

 

Optional courses, choose 2 from 6

 

 

 

1

INF3010

Internet banking

30

60

3

2

FIN3334

Investment schemes

30

60

3

3

FIN3237

Мaster class

30

60

3

4

FIN3335

Finances of European Union

30

60

3

5

ACC3148

Globalization of accounting and contemporary accounting schools

30

60

3

6

FIN3237

Мaster class

30

60

3

 

In Varna Free University, a credit equals 30 lessons, of which 10 contact hours (lectures and seminars) and 20 hours independent work.

 

Mode of study: full time, part time, distance learning/дистанционно.

Examination regulations and grading scale
The grading of semester exams is conducted on the basis of a written examination or other form of written assessment performed in an auditorium or online and covering the entire learning material. Students are familiar with the evaluation criteria for each course.

 

Obligatory or optional mobility windows (if applicable) no

Work placement(s) (if applicable)  no

Work-based learning: no


Occupational profiles of graduates: The specialty provides a wide-range and specialized professional realization for the graduates, who can work as  corporate financial managers, financial analysts, specialists in financial budgeting, investments and restructuring capital in companies, commercial banks, non-bank institutions, fiscal and public administration specialists in operations management in commercial banks, financial houses and investment funds, consultants in the area of international finance and economic relations, consultants in the field marketing and promotion of financial services, financial - accounting advisors, portfolio and risk managers, credit experts, analysts in the field of monetary policy and monetary interventions, such as business consultants in departments of  finance and accounting of national and international corporations.

 

Access to further studies
Those who wish to continue their education can apply and all other master and doctoral programs at VSU.
The PhD programmes in the professional area 3.8. Economics аre:

  • Global Economy and International Economic Relations;
  • Political Economy;
  • Accounting, analysis and control of economic activity.

 

Programme Director: 
Nikolina Grozeva, PhD
tel: +359 52 359 631
e- mail: nnevinova@abv.bg