University of Economics – Varna

International Business - in English

Degree: Bachelor

Type of education: Full-time

Number of semesters: 8

Professional qualification: Economics

Professional field: ECONOMICS

First year: 2024

International Business in English

Professional knowledge, skills, and competencies

The BSc International Business provides a framework for students to learn core theoretical concepts and develop key skills and competencies.

You will study core subjects such as Economics, Management, Finance, Marketing, Applied Mathematics, Informatics, Accountancy, Statistics, European Union Law and International Law.

You will study specialized subjects which aim to build a solid background in international business. Among these are: International Economics and TNC, International HR and Quality Management, International Marketing Management, International Trade Policy, Research Methods for Business, etc.

You will develop professional business competences such as: international marketing planning, business communications, project management, problem solving for business.

Along innovative study opportunities, you will have internship(s) in international companies. There you will learn to:

  • understand businesses as systems and procedures
  • analyze, systematize and interpret research data
  • use information from a variety of sources
  • evaluate company performance
  • manage company resources
  • recognize customs procedures
  • analyze international trade policies
  • manage international projects
  • take innovative decisions
  • solve problems.

Your study

You will gain theoretical knowledge and develop practical skills by applying business research, solving real business case studies, taking part in cross-debates, preparing business-oriented projects, etc.

In your third year of study you will complete a work placement.

In your final year you will graduate by (1) either competing a diploma project  (2) or by taking a comprehensive final exam.

Career opportunities

You will be able to work in international companies and perform efficiently. You will able to allocate organizational resources, think creatively and analyze business processes critically.

Graduates can pursue careers as managers or analytical specialists in international trade, international marketing, and international tourism, among others. Successful graduates can also set up their own business or be committed to international entrepreneurial activities. Students may contribute to different international projects, apply their knowledge and skills as business consultants in the international corporate sector, in international governmental and non-governmental organizations, in public administration, and in scientific organizations.

Once students successfully complete this Bachelor Degree programme, they can further pursue various Master Degree programmes.

І. Professional knowledge, skills, and competencies

The educational process in this program exposes students to broad scope of knowledge, skills, and competencies in the field of international business.

The range of educational preparation of students has the following three implications:

The first implication encompasses broad fundamental student preparation in the fields of: economics, management, finance, marketing, applied mathematics, informatics, accountancy, statistics, law of European Union and international law.

The second implication includes specialized subjects which aim to build and shape a solid profiled background in the field of international business. Among these are: international economics and TNC, international HR and quality management, international marketing management, international trade policy, research methods for business, etc.

The third implication covers subject matters which aim at developing professional business competences such as: international marketing planning, business communications, project management, problem solving for business.

The “International Business” program provides opportunities for the students to acquire skills through innovative education and internship(s) in international companies which in turn allow them to:

  • understand businesses as a systems and procedures;
  • analyze, systematize and interpret research data as well as to use information from a variety of sources;
  • evaluate company performance and their respective units;
  • manage and control available company resources;
  • recognize customs procedures;
  • analyze international trade policy, its goals and principles, trends and measures for their implementation;
  • manage and control international projects;
  • take decisions and solve problems in innovative way.

II. Organization of educational process

Theoretical knowledge, practical skills, and competencies that have been acquired during the tuition process in the “International Business” program are backed up by efficient contemporary teaching and learning strategies such as: applied business research, solving real business case studies, cross-debates, preparing business-oriented projects, etc. Students learn about international business processes by the work placement opportunities they are offered in the 3rdyear of study.

At the end of their studies in the “International Business” program students are offered two options for their graduation: (1) diploma project or (2) complex state exam.

Students who successfully accomplish their tuition receive the professional qualification degree “Bachelor” in the professional field “Economics” according to the national classification of higher educational fields and the state requirements of Bulgaria.

III. Career opportunities

The purpose of the major “International Business” is to prepare qualified professionals to (1) work in international companies (and/or their divisions); (2) enable efficient performance of their activities; (3) be capable of allocating organizational resources; (4) capture opportunities for business development; (5) think creatively and to analyze business processes.

Graduates can work as managers or analytical specialists on different managerial levels in international businesses engaged in: international trade, international marketing, and international tourism among others. Successful graduates can also set up their own business or be committed to international entrepreneurial activities. Alternatively, they are offered the opportunity to work under different international projects, apply their knowledge and skills as business consultants to official representative offices of international companies, international governmental and non-governmental organizations, public administration, and scientific organizations.

Upon successful completion of this Bachelor program, graduates can further advance in their education to various Master Degree programs.

Programme
First year
2024
Studied subjects Semester Credits Type of grading Student involvement
Total Self-study Classes
CORE
Informatics 1 9 Exam 270 195 75
Microeconomics 1 9 Exam 270 195 75
Physical Education 1 1 Ongoing assessment 30 0 30
Applied Mathematics 1 9 Exam 270 195 75
Electives (1) 1 3 Ongoing assessment 90 60 30
Management 2 8 Exam 240 165 75
Macroeconomics 2 8 Exam 240 165 75
Physical Education 2 1 Ongoing assessment 30 0 30
Principles of Law 2 8 Exam 240 165 75
Electives (1) 2 3 Ongoing assessment 90 60 30
Introduction to accounting 3 9 Exam 270 195 75
Introduction to Finance 3 9 Exam 270 195 75
Physical Education 3 1 Ongoing assessment 30 0 30
Marketing 3 8 Exam 240 165 75
Physical Education 4 1 Ongoing assessment 30 0 30
Fundamentals of statistics 4 9 Exam 270 195 75
Total for CORE 0 0
Special
Academic Research 2 3 Ongoing assessment 90 60 30
Comparative Economic Systems 4 6 Exam 180 120 60
Management of International Business 4 9 Exam 270 195 75
Electives (1) 4 6 Exam 180 120 60
TNC and FDI 5 8 Exam 240 180 60
International Marketing 5 8 Exam 240 165 75
Electives (1) 5 8 Exam 240 180 60
Human Resource Management 6 6 Exam 180 120 60
B2B Marketing 6 7 Exam 210 135 75
Electives (1) 6 5 Exam 150 90 60
International Business Finance 7 8 Exam 240 180 60
International Marketing Management 7 8 Exam 240 165 75
Research Methods for Business 7 8 Exam 240 165 75
Electives (1) 7 6 Exam 180 120 60
International Tourism 8 7 Exam 210 135 75
CRM and ERP Systems 8 5 Exam 150 90 60
Graduate Seminar 8 5 Ongoing assessment 150 75 75
International Brand Management 8 5 Exam 150 90 60
Total for Special 0 0
University specialised
Electives (1) 3 4 Exam 120 60 60
Electives (1)
  • Trade
  • Entrepreneurship
  • Commercial Law
5 6 Exam 180 120 60
Electives (1) 6 5 Exam 150 90 60
Total for University specialised 0 0
Practical
Practical Training 6 8 Exam 240 240 0
Total for Practical 0 0
Graduate
Electives (1)
  • Thesis Defense
  • Comprehensive State Exam
8 10 Exam 300 300 0
Total for Graduate 0 0
Total for the entire period of study 247 7410 5145 2265


Optional courses Semester Credits Student involvement
Total Self-study Classes
Foreign Language - English
Semester 3
Semester 4
Semester 5
3, 4, 5 3, 3, 3 270 180 90
Foreign Language - German
Semester 3
Semester 4
Semester 5
3, 4, 5 3, 3, 3 270 180 90
Foreign Language - French
Semester 3
Semester 4
Semester 5
3, 4, 5 3, 3, 3 270 180 90
Foreign Language - Russian
Semester 3
Semester 4
Semester 5
3, 4, 5 3, 3, 3 270 180 90
Foreign Language - Portuguese 3, 4, 5 3, 3, 3 270 180 90
Bulgarian Language
Semester 3
Semester 4
Semester 5 1
3, 4, 5 3, 3, 3 270 180 90
European Studies 4 3 90 45 45
Physical Education 5, 6, 7 1, 1, 1 90 0 90
Accounting for Managers 6 3 90 45 45
Taxation and taxation process 7 3 90 45 45
1 The course is available only to foreigners