MBA in Finance & Controlling (Two years)
FIRST SEMESTER
30 ECTS
- ECTS: 8
- Hours: 4+1
- Time: 200 hours
- ECTS: 8
- Hours: 4+1
- Time: 200 hours
- ECTS: 8
- Hours: 4+1
- Time: 200 hours
- ECTS: 6
- Hours: 3+1
- Time: 150 hours
4.2. Financing through the capital market
4.3. Supervisory Standards
SECOND SEMESTER
30 ECTS
- ECTS: 8
- Hours: 4+1
- Time: 200 hours
- ECTS: 10
- Hours: 5+1
- Time: 250 hours
3.2. Credit Analysis 1
3.3. Compliance 1
- ECTS: 12
- Hours: –
- Time: 300 hours
2.2. Academic writing and Project management
2.3. Microsoft Official Certification – MOC
Third SEMESTER
30 ECTS
- ECTS: 10
- Hours: 5+1
- Time: 250 hours
- ECTS: 10
- Hours: 5+1
- Time: 250 hours
2.1. Risk Management 2
2.2. Credit Analysis 2
2.3. Compliance 2
2.4. Business Controlling 2
Fourth SEMESTER
30 ECTS
- ECTS: 4
- Hours:
- Time: 100 hours
- ECTS: 26
- Hours:
- Time: 650 hours
After two years of studies, you will take Master of Science – MBA in Finance and Controlling. Note: you have opportunity to choose between fourth different major EU certification (from European Banking Association from Brussels) and to focus your MBA’s studies specifically on your career planning:
- Risk Management (EU Certificate according European Banking Federation in Brussels)
- Credit Analysis (EU Certificate according European Banking Federation in Brussels)
- Compliance (EU Certificate according European Banking Federation in Brussels)
- Business Controlling (German Diploma form HORVAT Academy®)
According to the Law, the program will start from the 2022/2023 school year
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What People Say

Ilija Abrashev
I am satisfied with the Academy, there were excellent professors with great knowledge in the fields they taught. I am even more satisfied with the fact that I found myself in one of the technologies that was part of the lectures, and the topics presented in the program contain practical examples for implementation in everyday work. Thanks to Heidelberg and the expert lecturers who were available to me to “use” their know-how, I got a job at Valtech.

Dzeneta Ibrovich
My career transformation in Heidelberg is undoubtedly my best move.
The beginnings of the Academy set high goals but also promised great achievements. My success is certainly a result of the overall Heidelberg’s team and quality supported knowledge led by successful professionals who selflessly put a lot of effort and time into all the lectures. The maximum effort given by me and the great support from the mentors is crowned with my employment in Valtech, for which I am very proud and happy, simply I SUCCEEDED.

Simona Nikoloska
Milestone achieved! #CMAD
I am delighted to end this year with successfully finishing my Certified Mobile App Developer course. It’s been one year of intense schedule, full of challenges and new skills acquired that make the effort worth it. Thank you Institute for Business & Management Heidelberg Skopje for making this possible, for your flexibility and the support provided. Special thanks to our lecturer Kliment Simoncev for your valued guidance throughout this course, for your professionalism, full dedication and immersive support, it was the best educational experience I had so far. Looking forward to a more productive and successful 2022, way beyond of this starting point.

Marko Krcoski
I knew the lecturers will be outstanding, but I was quite surprised how happy I was dipping into data for our project assignments. I recommend this certification to all professionals willing to develop their skills in the field of risk management and credit analysis.

Svetlana Ortakovska Murtovska
I was part of the first generation of listeners at the Academy of Digital Marketing for a period of 2 semesters. Before making the final decision and applying, I thought about several different institutions that organized trainings of a similar kind.
But the detailed course plan and content to be studied, the international certification, the professional attitude of the staff who were always ready for additional questions were just some of the details that contributed to my final decision.
This Academy has lived up to my expectations. The lecturers were professionals in their field who in the best way with combinations of theory and work on real projects selflessly transferred their knowledge.
After graduating from the Academy of Digital Marketing, I am completely ready for a new direction and challenge on a professional level, more and more current and sought after nowadays.
We are currently working with the mentor on a Master Thesis, a challenge that I gladly accepted and I hope will be realized successfully.