FINANCIAL MANAGEMENT
The curriculum financial management is designed for those whose focus is managing companies, sectors, administrative management in the public sector, governance and management of public finances, work in banks, financial sectors, financial and investment consulting, etc.
In this curriculum, three key (mandatory) courses are offered:
Managerial accounting – the goal of this course is to enable students to understand management accounting as a skill for cost management in companies, determining sales prices, profit determination, assessing profit sensitivity based on cost structures, and developing business plans and budgets for companies.
Corporate finance – the course aims to acquire knowledge and competencies for applying financial principles and techniques to solve practical problems in companies. It delves deeper into critical decision-making areas for businesses. The course is practically oriented and focused on maximizing the company’s value from a corporate finance perspective, mergers, acquisitions, and dividend policy.
International financial management – the aim of this course is to enable students to understand the process of globalization that creates complex and risky circumstances in which it takes place international trade as well as the use of various modern instruments for hedging international trade deals.
This study program is open for all fields, as it includes programs for acquiring qualifications for financial managers who may come from various professional backgrounds.
Study program Financial Management (4+1, total 60 credits)
| II Semester | |||
|---|---|---|---|
| Number | Code | Course title | ECTS |
| 1. | / | Elective course from the list of elective subjects of the study program | 5 |
| 2. | / | Elective course from the list of elective subjects of the study program | 5 |
| МT/2025 | Master’s Thesis | 20 | |
| Total | 30 |
Study program Financial Management (3+2, total 120 credits)
| IV Semester | |||
|---|---|---|---|
| Number | Code | Course title | ECTS |
| 1. | Elective course from the list of elective subjects of the study program | 5 | |
| 2. | FMEЗ/2025 | Project assignment | 5 |
| 3. | FMMP/2025 | Master’s thesis | 20 |
| Total | 30 |
REQUIRED DOCUMENTS FOR ENROLLMENT
– Certificate from the faculty (original or copy certified by a notary)
– Curriculum Vitae (CV)
– Citizenship (certificate)
– Certificate of knowledge of a foreign language
– Application addressed to the Scientific Council of the Institute of Economics – Skopje
– Application form
– Semester enrollment form
– Index
The mode of study shall be conducted in accordance with the Rules of Study in One-Year and Two-Year Study Programs, published on the website of the Institute of Economics – Skopje.