MBA – Financial Management

Basic information

The MBA programme in Finance and Financial Management includes studies in analytics, budgeting, organisation and financial monitoring. It requires skills such as thorough data evaluation, logical analysis and proactive decision-making.

The goal of the program is to provide students with the important financial skills and knowledge needed to obtain entry-level positions in private industry and the public sector. The course will introduce students to the fundamentals of financial decision making, the principles of financial management, and gain valuable knowledge of managerial accounting and managerial finance. The programme is suitable for managers, entrepreneurs, finance directors, accountants and all other candidates who seek to acquire the necessary knowledge in financial management.

Program structure

The life cycle of a company depends on its financial growth and management. Our students gain the knowledge and skills needed to engage the CEO and CFO of an organization in decision-making, budgeting and project analysis. Students are also equipped to excel in investment banking and equity portfolio management.

A degree program with a concentration in finance and financial management will enable you to understand the most important concepts of global management, strategy, finance and marketing. This specialization will help you gain the expertise you need to manage the financial future of companies. Performance management and control will train you in decision-making, budgeting and cost control techniques. You can back up your business decisions with published financial statements using the research and analytical skills provided by the Advanced Business Reporting module. You will also learn to apply management accounting and performance measurement methods to real businesses. In doing so, you will develop a strategic and comprehensive view of financial management.

Study modules

Performance management and control

  • Business Valuation

  • Financial management of the company

  • Financial Management

  • Macroeconomics

Advanced Enterprise Reporting

  • Corporate Finance

  • Microfinance and insurance

Financial investments

  • Foreign exchange market and foreign exchange operations

  • Financial criteria for investment efficiency

  • Financial markets and institutions

  • Investment analysis and portfolio management

Study information:

  • 12 - 18 months
  • English
  • On-line
  • € 7000
  • 60 ECTS


Students have access to an online library with more than 10,000 professional publications, books and professional papers.
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Graduated from the MBA programme at EIFM.
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Would recommend the MBA programme at EIFM.
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Is the average salary of an MBA graduate at EIFM.

Why study at EIFM

We want to be your guide on one of the most important journeys you will take in your life. A journey towards your personal growth, career improvement and fulfillment of your goals. Throughout this journey, we will do everything we can to ensure that you reach your full potential and get the most out of your studies at our Institute.

General overview

Our goal is lifelong learning. We are here to develop our students and provide them with up-to-date information, skills and knowledge to help them achieve their goals and ambitions in their personal and career lives.

Developing the entrepreneurial spirit

All our study programmes are designed to emphasise individualisation, the development of personal responsibility and an entrepreneurial spirit - key qualities that will give you a unique experience that will last a lifetime.

Effective teaching

The aim of our education is to prepare graduates to address contemporary economic, environmental and social challenges that impact society as a whole. We therefore provide our students with innovative and relevant knowledge and know-how that will develop their talents and take them to the next level.

Global reach

We are aiming not only at the national, but above all at the international level of education provided.  Students should be exposed to different ways of thinking and acting, be open to continuous learning and be familiar with global business trends.

Personal development

Our educational institution aims to develop and support globally minded individuals who want to become leaders in the world of business and innovation. All our study programmes are completely flexible and target students, their theoretical knowledge and subsequent practice.

Critical thinking

Sufficient knowledge and its critical evaluation is the path to freedom. We therefore instill in our students the critical thinking skills and creativity that will prepare them not only to anticipate, but more importantly, to meet the challenges they will be forced to face in today's global world.

Tuition fee

Are you ready to take the next step?

If you’re ready to take your career and personal life up a notch and want to get an education with an innovative and practical approach, don’t hesitate!

Tuition fee of the program:
€ 7000

The tuition fee for the MBA programme is € 7000. Payment can be made in one lump sum or spread over up to 5 interest-free instalments.

A first instalment of € 1500 is always required before the start of your studies. Tuition fees include study materials and access to all seminars or online lectures organised by the European Institute of Finance & Management.

5% discount
If the student decides to pay the tuition fee in one lump sum before starting his/her studies, a discount of 5% of the tuition fee will be applied additionally.

Admission procedure

There are no tests, exams or interviews as part of the admissions process. All you have to do is meet the study requirements, which are as follows for the MBA programme:

  • Completion of at least a Bachelor’s degree,
  • A CV with sufficient information about your education, volunteer experience, work experience, or extracurricular activities,
  • Motivation letter – In case the admissions committee has doubts about accepting you to study, they may require a motivation letter that should reflect your professional goals, strengths, focus, etc.
    If you are interested in studying, follow the steps below and start your journey to study at EIFM.



Our Career Services department is ready to provide the best opportunities for students to develop their personality, skills and abilities to achieve the best career. If interested, any student can contact our department during or after graduation.

Our colleagues are not only involved in various activities that connect our study institute with major national and multinational corporations, but also build partnerships with major companies or organizations so that we can subsequently offer diverse career opportunities to our students.

The Career Services staff offers students a range of personalized information, which may include a listing of top employers, trends and process in talent recruitment, statistics on average salaries and wages, or other thought-provoking information to help graduates choose the right career path.

Programme subjects

Business valuation

This course will provide a framework for the valuation of securitised and non-securitised entities (whether specific assets or entire companies). This includes the use of both accounting and financial analysis of the entity to determine value. The course will approach the topic from an applied perspective so that participants can experience the valuation methods in practice. The course also covers the basic issues of raising capital, both from a fixed income and equity perspective.

Financial Management

This course focuses on financial management. We will show managers how to work with accounting and finance departments, helping them understand how companies meet their financial goals using financial decision making. The course will also explain financial tools and techniques that can be used to help firms maximize value by improving decisions related to capital budgeting, capital structure, and working capital management. You will also cover a range of related topics, including multinational financial management, risk management, and mergers and acquisitions.

Corporate financial management

This course introduces students to current financial concepts and tools for managing money in organizations involved in the local and global economy. It examines current best practices in financial analysis and planning through the application of financial concepts. These include financial performance indicators, time value of money, financial markets and institutions, securities and corporate valuation, cost of capital, risk and return, long-term financial budgeting, and working capital management. In addition, topics related to lease financing, hybrid securities and derivatives, trusts, mergers and acquisitions, and international corporate finance also appear throughout the course of study.


In this course, students learn principles that apply to the economic system as a whole and use principles and models to describe economic situations and predict and explain outcomes using graphs, tables, and data while exploring concepts such as economic measurement, markets, macroeconomic models, and macroeconomic policies.

Corporate finance

This course describes the theory and practice of corporate finance. It aims to provide a conceptual foundation and establish a framework for corporate investment and financing decisions. The content will be very useful for aspiring investment analysts, financial managers, corporate finance professionals and future CFOs. The course deals with understanding the major financial decisions faced by corporate managers and what corporate finance professionals do and why. We will combine theory with practice to ultimately understand what corporate finance professionals should be doing to increase company value and shareholder wealth. Key topics include time value of money and interest rates, project and company valuation, project analysis, capital budgeting, capital structure decisions, risk/return relationships, financial analysis, etc.

Investment analysis and portfolio management

Investment analysis and portfolio management is a growing field in finance. The objective of this course is to better understand the various concepts/principles related to investment analysis and portfolio management. It is a core course focusing on investments and risk. It introduces students to the basic principles of investment analysis and portfolio management theory and techniques and covers the main issues of interest to investors today. The curriculum includes the following topics:

Global investment environment, portfolio theory and practice, fixed income securities, securities analysis, derivative securities analysis and the derivative securities market, asset management evaluation, applied portfolio management.

Financial markets and institutions

The course focuses on the study of the fundamentals of financial markets and financial instruments, the features of the formation of modern financial markets, the practical application of financial instruments, the types of financial institutions and their roles and functions in financial markets. The knowledge, skills and competences acquired during the study of this course will be useful for professionals in the fields of finance and banking and foreign exchange in solving various problems of an administrative, analytical, research, clearing and economic nature. Also, this knowledge will be useful for financial concepts and the application of analytical tools in the development of financial strategies.

Microfinance and insurance

The aim of the course is to introduce students to sustainable microfinance in terms of principles and best practices as applied by global institutions today. It provides a comprehensive overview of microeconomic fundamentals and how microfinance activities are implemented, evaluated and managed. It will also help individuals gain a greater understanding of microfinance practices. Upon completion, students will be able to describe the concept and principles of microfinance, identify issues that hinder the success of microfinance in their country, explain to a group of prospective micro and small business operators the important components of microfinance such as financial instruments and lending methodologies, performance evaluation and management, and financial reporting, assess the state of microfinance in their country, and recommend positive approaches that will facilitate access to financial services for the poor.

Financial criteria for investment efficiency

This course is devoted to models for evaluating the efficiency of investment activity. The presented models are based on both the orientation to the performance of the investment and the consideration of the costs associated with it. These models can be used by a manufacturing company, a financial services company (bank, insurance company, etc.) or a governmental (departmental level) or public administration body (council). An important component of the course is an overview of budgeting techniques that are used in the case of budget-driven organisations. To the necessary extent, the course is also devoted to the theory of project finance. Successful graduates of the course will have a representative theoretical base in the field of evaluating the effectiveness of investment activities and will be able to apply this knowledge practically in the financial management of projects.

Foreign exchange market and foreign exchange operations

The aim of the course is to familiarize students with the key issues of foreign exchange markets, both from the macroeconomic point of view (exchange rates and balance of payments, monetary policy) and from the point of view of the profile of the field of study with regard to the requirements of practice (foreign exchange markets, banking sphere, international investment). The course provides information on the balance of payments, discusses the topic of equilibrium and its relationship to the foreign exchange market and discusses the exchange rate in depth. It examines in detail the foreign exchange market, its structure and structure, the subjects of the foreign exchange market, and the relationship to the exchange rate.