Overview

There are many benefits of getting your MBA and the most significant one is the great career opportunities in today’s corporate world.

A university degree at an internationally recognized business school can be hard to afford for many ambitious, hard-working and talented prospective students. Varna University of Management, in the Business Administration program, believes that motivation and desire to grow should be encouraged.

That is why Varna University of Management tried to keep the tuition fees at a very acceptable level. VUM in partnership with business owners and entrepreneurs has introduced a number of opportunities such as admissions scholarship, scholarship for excellent results, for extracurricular activities and sports achievements.

Career

As an MBA graduate, you can add not only banking, financial management, accounting, and economics to your long list of possible career option but you can use this as a start point for higher-level positions in other fields as well.
An MBA can open doors for management positions in any field. Some of the top MBA careers include positions in public relations, advertising, sales, marketing, and event management.
VUM prepares its master’s students for the highly competitive labor market and provides them practical advice and expertise. VUM maintains excellent connections with the businesses field and place its students in different agencies, governmental institutions, NGO and other organisations in the UK, Germany, Spain, Portugal, Lithuania, Latvia, etc.

Programme Structure

Courses include:

People and Organisations

Accounting for Decision Makers

Marketing in a Global Context

Operations Management

Strategic Management

Financial Management

Key information

Duration

Full-time
- 18 months

Start dates & application deadlines

Starting 2026-10-01 00:00:00

Apply anytime.
Starting 2027-02-01 00:00:00

Apply anytime.

More details

Non-EU citizens must apply at least 180 days before the start;

EU and visa-free travelers must apply at least 45 days before the preferred start date.

Language

English

TOEFL^® IBT

72

Schedule TOEFL®

IELTS

6

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Credits

90 ECTS

Delivered

On Campus

Campus Location

Varna, Bulgaria

Disciplines

Business Administration View 8 other Masters in Business Administration in Bulgaria

Join for free or log in to access our complete career info list.

Academic requirements

GPA

Lower Second Class

English requirements

TOEFL^® IBT

72

Schedule TOEFL®

IELTS

6

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

·  Duly completed Application form
·       Scanned copy of a valid international passport;
·       Scanned copy of secondary school certificate & transcript of grades;
·       Scanned copy of higher education (university) degree with academic transcript;
·       Proof of English proficiency (TOEFL, IELTS, SAT or equivalent English language test) - recommended but not mandatory;
·       Two (2) letters of recommendation - in English, containing recommendations from a lecturer and/ or employer, contact details, signature and seal of the recommender/ headed paper);
·       Curriculum vitae in English;
·       Cover letter, addressed to both Varna University of Management and Cardiff Metropolitan University;
·       Declaration of personal data collection
·       Each applicant’s higher education degree has to be a Lower Second class 2:2 (50% – 59%) at least. Third class degrees (49 % and below) do not meet the requirements for acceptance at university.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Varna University of Management and/or in Bulgaria, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

4800 EUR / year

≈ 4800 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

3000 EUR / year

≈ 3000 EUR / year

Living costs

Varna

Bulgaria

714 - 1027 BGN / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find Master's scholarship opportunities for Business Administration.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Career

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

EU/EEA Applies to you

Living costs

Varna

Funding

Scholarships Information

Available Scholarships

Our partners