Basic information
If you want to further your education and increase your chances of getting a great job anywhere in the world, an MBA is a great choice for you.
The program focuses on basic management, so you’ll be ready to manage a business and implement various business strategies upon graduation. Among other things, you will also have a foundation in financial management, logistics, supply chain management or be able to perform various operations related to managing a company or a larger team.
In addition to theoretical knowledge and practical examples in the field of management, you will also gain basic insight into business negotiation, branding, strategic analysis or marketing, as these are areas that are key to managing a company and therefore it is good to be at least partially familiar with them.
In the course of your studies, you will not only develop your knowledge and skills in management and business, but also the personal elements and various HR strategies are important, which will enable you to better lead a larger or smaller team within a company. You will therefore also acquire the basics of business communication and negotiation, managerial psychology, communication skills and soft skills.
Program structure
With a degree program focusing on management and leadership, you will learn how to motivate and develop a workforce, identify market opportunities and challenges, prevent and solve problems, maintain fiscal responsibility, and create a culture of dignity, respect, and ethical behavior in the workplace.
In this degree program, you will gain insight into management and leadership styles. The program is designed with the flexibility, knowledge and real-world experience that modern leaders need to advance their careers.
Individual courses focus on the fundamentals of strategies and issues related to global business and on understanding the role of human resource professionals as key players in the organisation. The goal is to prepare individuals for management roles in business, government, and non-profit entities. This specialization develops broad skills in managing cross-functional teams, project management, technology application, and new product and service development and focuses on managing a diverse workforce and competing in a multicultural global environment.
Study modules
- Corporate governance
- Strategic Management
- Financial Management
- Marketing Management
- HR Management
- Leadership and teamwork
- Sustainable development
- Project Management
- Risk management
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.
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.
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.
Testimonials
Career
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
This course covers the fundamentals of management theory and practice and the basic principles and practices of business and organizations in a local and international context. You will gain extensive knowledge and experience in designing and implementing strategy at different levels of the corporate organization and other types of organizations such as public, non-profit and cooperative. Specialized options provide insight into the complex and changing relationships between business corporations, their stakeholders, and the societies in which they operate.
The Strategic Management course introduces students to the key concepts, tools and principles of strategy formulation and competitive analysis. It examines managerial decisions and actions that affect the performance and survival of business enterprises. It focuses on the information, analysis, organizational processes and skills, and business judgment that managers must use to design strategies, position their businesses, define firm boundaries, and maximize long-term profits under conditions of uncertainty and competition. The course brings together and develops all the ideas, concepts and theories from other subjects such as accounting, economics, finance, marketing, organisational behaviour and statistics.
Leadership and teamwork have a direct impact on an organization's ability to achieve its mission. Leadership is needed to make sure everyone on the team is moving in the same direction and working towards the same goal. This course introduces, explains, and explores how people work together to understand problems and opportunities and to invent, develop, and implement solutions together. It provides students with insights about themselves and others and how to work together effectively. By the end of the course, students will have the basic knowledge and skills to understand themselves and others, how to work in teams, and how to create, develop, and lead teams.
Sustainability education is a process that equips students with the knowledge and understanding, skills and attributes needed to work and live in ways that ensure environmental, social and economic well-being now and for future generations. In this course, we will learn about the history of sustainable development, drawing on literature from geography, sociology, engineering, psychology, economics and the natural sciences. We will explore the critiques of sustainable development and force us to consider whether it is possible, practical, or even useful in the "real world." We will explore several key challenges, using sustainable development as an optic or framework. Finally, and most importantly, we will creatively attempt to reinterpret sustainable development in a world of growing inequality.
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.
Marketing management is a subject that deals with various concepts of marketing strategies, practices and new techniques that change according to the demands and needs of consumers. The course helps students learn about the marketing process, which includes planning, pricing and promotion of goods and services in the target market, and focuses on activities such as promotional techniques, cost reduction mechanisms, as well as creating and retaining customers through careful analysis and anticipation of market situations.
This course not only covers theories but also allows students to practice hiring procedures. It focuses primarily on administrative services, personnel administration and performance management, and most importantly, the hiring process. The course helps students to study and acquire the knowledge and principles that are necessary for managing the human resources of a company. The main objective of Human Resource Management is to provide important and adequate resources for the company, therefore, it incorporates a combination of various subjects that include business environment, communication skills and management accounting.
Project management is an essential part of many professions and many life situations. An introduction to project management is an ideal starting point if you need to manage projects at work or at home without having to be a formally trained project manager. To successfully implement a project, it is important to start by clearly defining what the project is and what the outcomes will be. The course will show you practical ways to explore and understand the objectives from the outset of the project and consider all the factors that may affect its delivery. You will learn step-by-step how to plan, scope, schedule, cost and manage a project from start to finish. Because every project depends on the people who execute it, the course will also allow you to explore how you can effectively communicate, manage people, and use leadership skills to successfully execute your own project.
In this course, you will learn about different types of business and financial risks, their sources and best practices in risk measurement. The course will help you assess different types of risk and set risk limits, describe the key factors that affect each type of risk, and identify the steps needed to select probability distributions for estimating risk. You will learn about the history and development of risk management as a science and the financial and business trends that have shaped the practice of risk management. Upon completion, you will have the fundamental knowledge to measure, assess and manage risk in your organization.
The study of international trade introduces students to trading in the international market. The concepts of openness of the economy, closedness of the economy and export and import of goods are thoroughly explained in the course. The course introduces students to types of international trade and the implications of international trade on economic processes.