Study MS in Accounting, Financial Control and Finance in Bulgaria: Fees, Admission

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Study Masters in Accounting, Financial Control and Finance from Bulgaria


Study MS in Accounting, Financial Control and Finance in BulgariaStudying Accounting, Financial Control and Finance in Bulgaria unfolds as a transformative odyssey, unlocking pathways to a realm of financial prospects. Bulgaria, nestled at the confluence of European cultures and celebrated for its profound cultural heritage, presents an unparalleled fusion of academic brilliance and cultural immersion. It's essential to check with specific universities for precise dates and requirements to ensure a smooth application process for these Finance-related programs in Bulgaria. Within the realm of Bulgaria's academic landscape, pursuing a masters degree in Accounting, Financial Control and Finance lays a robust groundwork in financial management. This educational endeavor empowers students to flourish within an interconnected global economy. Esteemed universities in Bulgaria administer this program, instilling in students the indispensable expertise required to navigate intricate financial terrains, make judicious financial decisions, and contribute substantially to the dynamic sphere of Finance.The duration of the Accounting, Financial Control and Finance degree in Bulgaria varies between three to four years, contingent on the university and the specific curriculum design.

Eligibility Criteria


To be eligible for Accounting, Financial Control and Finance program, international students should meet the following criteria:

  • A bachelors degree diploma, depending on the university and program criteria, typically requires a cumulative grade between 50% and 75%, and mandates a minimum of 240 credit hours.

  • Language Proficiency: Proficiency in English is essential, and some universities may require standardized English language test scores (e.g., IELTS or TOEFL).

  • Entrance Exam: Some universities might conduct an entrance examination or interview as part of the admission process of the university.

  • Visa Requirements: Ensure compliance with Bulgarian visa and immigration requirements, including financial documentation.

  • Specific University Requirements: Each university may have additional requirements, so it is advisable to check with the university of your choice for specific eligibility criteria.

Medium of Instruction


In Bulgarian universities, the primary language of instruction is English. Proficiency in the designated language is necessary for admission. Students can check the official site of the university for further information.

Intake and Deadlines


The deadlines and intake periods for Accounting, Financial Control and Finance degree programs in Bulgaria vary by university. Typically, the main intake occurs in the fall semester, with application deadlines typically falling between March and July. Some institutions may offer a spring intake as well, with deadlines from October to December.

Documents Required


The following list outlines the key documentation students are required to provide during the admission process:

  • The university application form, which is the initial step in the application procedure.

  • A declaration letter, a document where students often affirm their understanding of the institution's rules and regulations.

  • An affidavit certificate, which might be necessary to validate certain personal or financial information.

  • A valid passport, a fundamental document for international students, serving as an official identification.

  • Passport-size photos are requested for identification purposes and official records.

  • Mark sheet of undergraduate degree, demonstrating the student's academic background and performance.

  • A migration certificate is often required to confirm a student's transfer from a previous educational institution.

  • An equivalence certificate, a crucial document issued by one of the Bulgarian Regional Departments of Education, indicating that the student's prior qualifications align with the requirements for admission in Bulgaria.

Duration


The time frame for these degree programs in Bulgaria spans one and half year to two years, depending on the specific program and university. Most post-graduate degrees in Bulgaria are designed to be completed in two years. It's important to note that the duration can vary based on the field of study and the university's curriculum. Students should consult the specific institution and program to determine the exact time frame for their chosen degree. 

Fee Structure


The tuition fees for international students pursuing Accounting, Financial Control and Finance degree in Bulgaria can vary depending on the university and the specific program. However, on average, you can expect fees in the range of 2,000 to 5,000 EUR per year. Here is a list of universities and their fee structures:

University Fees Structure
University of National and World Economy €4,000 per year
Sofia University St. Kliment Ohridski €4,000 per year
Varna University of Economics €4,000 per year
American University in Bulgaria €3,500 per year
New Bulgarian University €3,000 per year

Top Universities


Here are some ef the top Bulgarian universities offering the Accounting, Financial Control and Finance degree:

University Name Category City National Ranking
Sofia University St. Kliment Ohridski Sofia 1 Public
University of National and World Economy Sofia 2 Public
Varna University of Economics Varna 3 Public
American University in Bulgaria Blagoevgrad 4 Private
New Bulgarian University Sofia 5 Private

Admission Procedure


Admission Procedure for Master in Accounting, Financial Control and Finance in Bulgaria is given as follows -

  • The process commences as students engage with their dedicated advisors (Anigdha), who play a pivotal role throughout this educational journey.

  • We conduct thorough research to pinpoint universities and programs that align perfectly with the student's goals and interests.

  • Furthermore, we provide guidance in preparing for language proficiency examinations to overcome any language barriers.

  • Additionally, we take the lead in handling course applications for the students or adeptly guide them through the application process.

  • Ultimately, we provide invaluable assistance with visa applications, ensuring a smooth transition for international students as they pursue their goals in Accounting, Financial Control and Finance in Bulgaria.

  • Our team also helps students to get their accommodations in Bulgaria.

FAQs


What is the primary difference between Accounting, Financial Control and Finance?

 

Accounting focuses on recording and reporting financial transactions, Financial Control involves managing and optimizing financial processes, and Finance deals with financial decision-making and investments.

Is a degree in this field suitable for someone who wants to become a Certified Public Accountant (CPA)?

 

Yes, this degree can be a good foundation for pursuing a CPA qualification in many countries, but additional coursework may be required depending on your location's CPA requirements.

Are there any specific math prerequisites for this program?

 

While a strong foundation in mathematics can be helpful, most programs do not have strict math prerequisites beyond high school-level mathematics.

Are there any prerequisites for enrolling in this course?

 

Generally, an undergraduate degree or its equivalent is the main prerequisite. Proficiency in English may also be required, with some universities specifying minimum language test scores.

What career opportunities can I pursue with a degree in Accounting, Financial Control and Finance?

 

Graduates can pursue careers being financial analysts, accountants, auditors, financial advisors, tax consultants, and in different roles within financial institutions and corporations.

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