Program Description
The goal of the Master of Business Administration in Finance program is to prepare competent specialists with theoretical knowledge and practical skills of management, scientific research and creative skills. The task of the program is to prepare specialists who have deep and systemic knowledge in the fields of finances. In addition to theoretical issues, courses include interactive seminars and practice training, presentations and group work that will make it easier for the Student to analyze the theoretical and practical problems in the field of financing, as well as in real business-sensitivity and management. Students’ aspirations and desires, international trends of financial markets and industry development and specifics of our country are taken into consideration in the teaching process.
The task of the program is to get closer to student practice as internships in the private and public sector organizations, as well as various forms of active cooperation with professional circles. For this purpose, in addition to other activities in the program, the relations with the financial sector are envisaged, with which the University has signed memorandums on mutual cooperation.
Program Advantages
With us you receive highly qualified staff and innovative academic programs equipped with modern educational technology; Market oriented curricula with Problem-oriented learning; Convenient timetable and Disability support; Close cooperation with business and financial industry community (including: Banking Association, Georgian Insurance Association, Georgian Federation of Certified Accountants and Auditors, Georgian Stock Exchange, etc.)
Student Exchange
MA in Finance Program grants international experience and a worldwide network of connections through various international exchange programs with its partner universities abroad. Easily transferable credits and flexible programs allow our students to benefit from spending a part of their exchange in a different environment, receicing a wider insight in the profession chosen.
Career Opportunities
A degree of MA in Finance guarantees its graduates an expertise in financial environment, financial markets, gives ability to identify market opportunitnies and draw relevant strategy as well as participate in its implementation.
Admission to the Program
Requirements for Georgian MA applicants:
- Bachelor’s degree or equivalent academic degree;
- Successfully passed the Unified Master’s Exam;
- Interview on the subject;
- Passing a B2 level intra-university test in a foreign language if it is not supported by a BA diploma;
Take note!
- The grant exam is conducted as per the program’s language of construction;
- Applicants who have an international language certificate are exempted from the IBSU foreign language test;
- The applicants are exempted from passing the foreign language test if they completed an English-taught educational program. They will be enrolled based on the interview;
- In the event of equal points during the interview, the master’s degree candidate’s GPA will be considered in the competition criteria.
Required documents:
- 2 photos (3X4) (printed and in electronic form). Photos are sent electronically to the educational process management unit, if the application is not made through the electronic system
- CV
- Notarized copy of bachelor’s degree or equivalent diploma (in the case of a diploma issued in a foreign language – notarized translation) – in the case of a diploma issued by IBSU, notarization of the copy is not mandatory
- In case the applicant presents a diploma obtained as a result of completing at least a five-year program within the period defined by the Law of Georgia “On Higher Education”, the candidate must also present a recognition document issued in accordance with the law, which proves that the diploma is equivalent to the corresponding level
- Copy of identification card/passport (for foreign citizens – notarized translation)
- International certificate confirming a foreign language proficiency / document confirming the academic degree awarded as a result of the completion of the foreign language program – diploma and appendix
- A document of military registration issued in accordance with the law.
Admission of International Students: www.iro.ibsu.edu.ge
Language of Instruction: 1. English, 2. Georgian
Programme Duration: 2 years (120 ECTS)
Awarded Qualification: Master of Business Administration in Finance
Tuition Fee
Georgian Citizens: 3540 GEL
International Students: 4500 $
Grant System for MA Programs:
1) MA candidates who sign the contract before August 31 and pay 950 GEL will get a 20% grant.
Note: If the master’s candidate does not enroll in IBSU, the mentioned amount will not be refunded; In case of enrollment, 950 GEL will be included in the tuition fee; If the master’s candidate fails the IBSU exam, the corresponding money will be refunded.
2) A 10% grant for graduates
3) If the master’s candidate achieves more than 80% of the maximum score in the unified master’s examinations or has a BA GPA of 3.3, he or she will get an annual grant of 1250 GEL (2500 GEL total).
Note: In this instance, a test will be given to acquire financing; the candidate must earn at least 80% of the maximum score.
Note:
- IBSU alumni can benefit from all three grants at the same time.
- For graduates of other universities, only one grant is valid, which is larger in total.
Deadlines
Acceptance of documents: 3 September
Interview: 4-10 September
Grant exam: 11 September
Results: 13 September
Registration: 16-22 September
Late registration: September 23 – October 6
Contact Information
Program Coordinator: Prof. Dr. Metin Mercan (English Sector) | mmercan@ibsu.edu.ge | Assoc. Prof. Dr. Tea Kbiltsetskhlashvili (Georgian Sector) | vicerector.science@ibsu.edu.ge
T: (+ 995 32) 2 800 064