Updated on May, 23 2024 06:55 IST
Study Finance and Accounting in Bulgaria: Fees, Admission
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Study Bachelors in Finance and Accounting – accredited by ACCA, ICAEW, and CIMA in Bulgaria to embark on a thrilling journey into the world of finance and accounting. The decision to study for a Bachelor of Finance and Accounting degree has many benefits. Bachelors in finance and accounting will equip you with the skills and knowledge necessary for successful career progression in the industry. Also, a degree from an accredited university will give you the credibility you need to secure well-paid jobs. The course in Finance and Accounting is designed to prepare professionals for positions in analysis of investment decisions, banking, manager of finances, auditing, etc. Up till now, the only prevalent course was Business Administration, where, in addition to the insights about finance and accounts, one also had to know about managing business, human resources or organisations. Today, the areas of managing business and administration can be separated from the areas of Finance and Accounting. Get ready to discover the captivating reasons to choose this course in the sections below.
You must now be aware of the duration, deadline, and benefits of this degree. But what about the eligibility criteria for pursuing a bachelors degree in finance and accounting from a Bulgarian university? Let us help you understand these:
Educational Requirement: A minimum of 62% of a secondary education degree is required along with at least 62% in specific subjects that are relevant to the desired course.
Entry Level Tests: Technical universities also mandate you to take compulsory entry tests mostly in Maths and English and qualify them with a good score.
English Entry Level Tests: The English entry test requirement is optional. In some universities, the English entry test is waived, if the student presents a proficiency level certificate of any of the following tests:
IELTS Academic (Overall Band Score 6.5) or higher
ESOL International (CPE 180 - 199, CAE score of 190, FCE score of 180 – 190) or higher
TOEFL iBT (computer-based test) – minimum score of 80
TOEFL PBT (paper-based test) – minimum score of 550
PTE Academic (60 overall score) or higher
Bachelors in Finance and Accounting courses are completely taught in English in most of the Bulgarian Universities since students are joining this course from different countries. English is used as a medium to teach the students from different languages and regions.
Students wishing to study bachelors degrees in finance and accounting at accredited universities in Bulgaria must apply till September 20. The top-ranked finance and accounting schools in Bulgaria are all accredited by the ACCA, ICAEW, and CIMA. With strict standards governing how their accredited programs must operate, these schools are some of the best options for students seeking a degree in finance and accounting that is internationally recognized. The application process can be difficult, but it is worth it to gain a world-class education from one of Bulgaria's top-rated universities.
The list below mentions some essential documents you should have at the time of application:
Application Documents: Completed university application form.
Educational Documents: 12th secondary education degree and 10th mark sheet.
Eligibility Documents: Eligibility certificate, issued by the respective secondary education school, stating that with the obtained degree, the student can continue to higher education studies in India.
Migration certificate: Paperwork assuring the completion of an educational qualification in one institute and allowing one to join another.
Equivalence Certificate: Issued by any of the Bulgarian Regional Department of Education.
Financial Documents: A declaration by the applicant`s parent(s) for financial support during his/her studies in the Republic of Bulgaria.
International Documents: A valid copy of the international passport of the applicant
Identification Documents: 6 recently taken colour photos in passport size.
Change of Name Document: If the name of the applicant on any of the application documents differs from the name in the applicant’s passport, a document confirming the change of the name/s such as a name affidavit (legalised and translated into Bulgarian) must be submitted.
The duration of a full-time bachelors in finance and accounting program will depend on the university you choose. A bachelors degree program can be anywhere from two to four years. These are divided into 4 to 8 semesters. However, shorter programs may be available if you are able to complete your coursework quickly. The length of your program is based on your educational goals and preferences as well as your chosen field of study.
It should be noted that the fees listed below are for full-time students. Therefore, if you are planning to study at one of these universities part-time, your fees will likely be lower.
| University Name | Fee |
|---|---|
| Technical University of Sofia | EUR 5000 |
| University of Economics Varna | EUR 1350 per semester |
| University of National And World Economy (Unwe) - Sofia | EUR 1900/semester |
| Tsenov Academy of Economics | EUR 5000 |
| American University in Bulgaria | EUR 6450 per semester |
| Varna Free University | EUR 1250 per semester |
Pursuing a bachelors degree in finance and accounting from an accredited university will give you the credibility you need to secure well-paid jobs. Let us have a look at some of the most renowned universities for pursuing this degree:
| University Name | Rank |
|---|---|
| Technical University of Sofia | 33 |
| University of Economics Varna | 129 |
| University of National and World Economy | 76 |
| American University in Bulgaria | 156 |
| Varna Free University | 351 |
Let us walk you through the steps you need to follow in order to get admission to the best universities teaching this program. We will also tell you how the consultants can be helpful every step of the way:
Start by shortlisting the best universities in Bulgaria that offer a bachelor's degree in finance and accounting. Our experts can help you do this by understanding your goals and preferences.
The next step involves checking whether you are eligible to pursue this program in terms of education qualifications, proficiency in languages, and a lot more.
Once this is checked, our specialists will ensure that you fill out the application forms of your chosen universities. They will keep an eye on the minute details, ensuring that your application gets successfully accepted.
As a part of your application process, you will also be required to submit numerous documents. We understand that this can feel overwhelming to a lot of students. Hence, we provide you with a detailed checklist of the documents required.
Once your application is complete, we also help you with the seemingly complicated visa processes as well as accommodation.
What are all the core subjects included in bachelors in finance and accounting?
Core subjects in bachelors in Finance and Accounting in Bulgaria include financial accounting, investment analysis, corporate finance, and financial mathematics.
What are all the challenges students face when they study bachelors in finance and accounting in Bulgaria?
One of the challenges students face when studying finance and accounting is that they need to understand the financial industry terminologies and the various formulas.
What is the average salary I will get after completing my studies in bachelors in finance and accounting in Bulgaria?
According to The Economist, the median salary for a finance and accounting graduate in Bulgaria is around EUR 35000.
What is the future scope for the bachelors in Finance and Accounting studies in Bulgaria?
The financial industry will also become more complex as time goes by, so graduates who understand the latest trends and techniques will be in greater demand.
What kind of projects should students submit for bachelors in finance and accounting studies in Bulgaria?
Students in this field often work on business plans, analyze companies, and develop financial models as part of their projects.
What are some scholarships provided in Bulgaria for international students?
Some scholarships provided in Bulgaria for international students are Bulgarian Government Scholarships For International Students and Varna Free University Scholarships For International Students.
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