University of Economics – Varna

Public Finance

Degree: Master

Type of education: Full-time

Number of semesters: 2

Professional qualification: Economics

Professional field: ECONOMICS

Duration: 1 year; 1.5 years
Language: Bulgarian
Mode of study: Full-time

Specific courses:

  • Public Finance (Part I)
  • Social Security Systems and Funds
  • Monetary Theory

Specialized subjects:

  • Management of Public Debt
  • Taxation
  • Pension Funds
  • Social Assistance
  • Master Special Seminar
  • Public Spending Policies and Programs
  • Custom Regimes
  • European Public Finance
  • Fiscal Federalism

Expected knowledge and skills after acquiring qualification:
Students majoring Public Finance acquire knowledge and skills for: management of financial activities in state, municipal and public institutions and administration; development, consultancy, evaluation and selection of national and municipal project proposals; consultancy of firms and citizens about tax and insurance obligations; compliance according to the customer the most suitable and also the most effective measures for social assistance and protection; offering to corporate and individual clients on the most appropriate products in relation to supplementary pension provision.

Employment opportunities upon graduation:
Graduates can find occupation in various European institutions, in the Ministry of Finance, the Ministry of Regional Development and Public Works, financial directorates and divisions of local authorities, the Court of Auditors, the National Revenue Agency, the National Insurance Institute, the Custom Agency, the Social Assistance Agency, the Agricultural State Fund, social security funds, consulting firms, specialized schools, universities, and research institution. They can occupy the following positions:

  • Experts in the Ministry of Finance;
  • Experts in the Permanent Representation of Bulgaria in the EU;
  • Experts in the European Commission and particularly in the following DGs: “Budget”, “Taxation and Customs Union”, “Employment, Social Affairs and Inclusions”, “Agriculture and rural development”;
  • Experts in the European Anti-Fraud Office (OLAF);
  • Experts in managing authorities and intermediate bodies of various operational programmes, implemented in Bulgaria;
  • Experts in the Court of Auditors;
  • Experts in the National Revenue Agency and its territorial directorates, including as methodologists, inspectors and revisers;
  • Experts in the National Insurance Institute and its territorial directorates;
  • Experts in the Agricultural State Fund;
  • Experts in financial directorates and divisions of local authorities;
  • Heads of financial directorates and divisions in the public sector;
  • Heads of budgeting divisions on central or municipal level;
  • Tax advisors;
  • Experts in custom services
  • Experts in planning departments;
  • Compliers, consultants and appraisers of public investments, including European projects. and etc.

Graduates can continue their education in the educational and scientific degree “PhD” and to realize in science or to work as teachers and lecturer in secondary schools and universities.

Programme
First year
2019
Studied subjects Semester Credits Type of grading Student involvement
Total Self-study Classes
Specialised
Customs Duties and Customs Regimes 9 6 Exam 180 120 60
European Public Finance 9 7 Exam 210 150 60
Fiscal Federalism 9 9 Exam 270 210 60
Public Expenditure Policies and Programmes 9 8 Exam 240 180 60
Tax Policy 10 8 Exam 240 180 60
Pension Insurance Funds 10 7 Exam 210 135 75
Government Debt Management 10 7 Exam 210 150 60
Social Assistance 10 6 Exam 180 135 45
Master's Degree Specialized Seminar 10 2 Ongoing assessment 60 30 30
Total for Specialised 0 0
Graduare
Electives (1)
  • Comprehensive State Exam
  • Thesis Defense
10 15 Exam 450 450 0
Total for Graduare 0 0
Total for the entire period of study 75 2250 1740 510


Optional courses Semester Credits Student involvement
Total Self-study Classes
Foreign Language - Russian 10 3 90 60 30
Foreign Language - French 10 3 90 60 30
Foreign Language - German 10 3 90 60 30
Foreign Language - English 10 3 90 60 30