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Finance, B.Sc.

  • Application Deadline
  • 48 months
Training in the specialty Finance at Varna Free University "Chernorizets Hrabar" is in line with the European practice and tradition and is based on contemporary knowledge in the area of finance and accounting.  It leads to the acquiring a Bachelor qualification degree. The specialty aims to introduce fundamental knowledge in the area of economics, law, finance, accounting.


Students who finish this specialty acquire knowledge and skills about recording of current accounts, preparation of finance reports of enterprises, making financial analysis, and build competence in the field of business planning and control of the activities. The Finance programme is delivered by Varna Free University "Chernorizets Hrabar".

Occupational profiles of graduates: The specialty provides a wide-range and specialized professional realization for the graduates, who can work as chief accountants, financial managers, financial analysts, tax inspectors, controllers, auditors, financial consultants.

Quality education and experience from two top universities!

Training in that program will help you acquire skills of how to behave in a competitive environment where only the best can succeed. Throughout the entire training at both Varna Free University and BI Norwegian Business School you will get teachers’ full attention. Training in the two countries is an excellent chance for you and your future.

New professional contacts and access to experts!

You will study with colleagues from anywhere in the world! This cultural exchange will help you make new friendships and future professional contacts. One objectives of the program is to get more theoretical and practical knowledge to prepare you for needs of business and the requirements of modern companies. You will have an access to TOP lecturers from both universities - Varna Free University and BI - Norwegian Business School.

The best education in both Bulgaria and Norway!

VFU “Chernorizets Hrabar” has received its third institutional accreditation for the maximum period of six years with a grade of 9.12 out of 10. On February 28 th 2016, VFU was recertified for the fifth time by the International Organization BUREAU VERITAS Certification in accordance with ISO 9001 : 2015 and received certificates of accreditation from UKAS (UK) and ANAB (USA) for a period of three years. Hundreds students choose BI Norwegian Business School to receive the best education in Norway and the region. Training in Norway will give you the opportunity to find out about the Scandinavian model of leadership. It will help you get first-hand understanding of how the Norwegian mentality for equality makes so effective workforce.

Access to further studies

Students who have successfully completed their Bachelor degree education can continue a Master’s degree programme of the same major, in the two accounting Master’s degree programmes “Finances and accounting” and “Financial auditing” and in every other Master’s degree programmes from professional area “Economics” within one academic year (2 semesters) as full-time or part-time students;

Those who would like to further their education can apply for all the other Master’s degree programmes oat VFU in compliance with the current terms and requirements.

If you know that quality education and experience are what matter the most for your future, the program at VFU "Chernorizets Hrabar" and BI Norwegian Business School is for you, because ...

  • BI Norwegian Business School is one of the most prestigious universities in Europe and a partner of Varna Free University, which is among the top universities in Southeast Europe!
  • You are awarded not one but TWO DIPLOMAS from both universities!
  • You should not stress and worries about leaving tomorrow – we will prepare you for everything which awaits you!
  • Thanks to the agreement between the two universities you will receive education in Norway at discount prices.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    240 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:
  • Mathematics
  • The Firm – Introduction Course
  • Microeconomics
  • Fundamentals of Law
  • Foreign Language
  • Sport
  • Business Information Systems
  • Globalization of Economy and Development
  • Financial Mathematics
  • Macroeconomics
  • Foreign Language
  • Sport
  • Investment Project Management
  • Public Finance
  • Fundamentals of Accounting
  • Elective Course 1, 2
  • Optional Course 1
  • Foreign Language
  • Sport

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

General Requirements

  • Diplomas and academic transcripts from secondary schools and accredited universities.
  • Foreign language and computer certificates and other type of competency in line with the study plan of the specialty.
  • Certification exam in foreign language, IT skills or other competency before a commission at Varna Free University.

Work Experience


Tuition Fee

  • International

    4000 EUR/year
    Tuition Fee
    Based on the original amount of 2000 EUR per semester and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
For education in English/Russian language:
  • part-time education - 1750 €

Living costs for Varna

  • 714 - 1030 BGN/month
    Living Costs

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


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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