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Study MBA in Macedonia 2024

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Basic monthly living cost

  • Rent in a shared flat

  • Share of utilities

  • Internet subscription

  • Local transportation


Sample lifestyle cost

  • Fast food combo

  • Cinema ticket

  • Pint of local beer


About Macedonia

Having been independent from Yugoslavia for over a decade now, Macedonia continues to strive for advancement as a people and from an economic standpoint. Even as a small community the state maintains macroeconomic stability with its monetary policies and limited budget deficit. As such, Macedonia stands as a great viable option for business studies. Those who choose to study business in Macedonia truly receive a one-of-a-kind experience.

Study Business in Macedonia

The schooling options in Macedonia are constantly growing. There are a few different options that students may choose from. There are state colleges and universities that offer bachelor and master degree programs. There are also college branches from larger universities that students can consider, which allow them a wider range of majors to choose from, as well as a wider range of degree types, including a doctorate.

The academic school year is split up into four different sections. The fall semester begins in either September or October and lasts until January, and the spring semester runs from January until May. The summer session is broken up into two parts, one lasting from the end of May to mid-July, and the second session starting at the end of July and lasting until mid-September. Some doctoral programs are broken down into terms, with the first term being from October to January, the second from January to April, and the third and final term from April to June.

With the option of attending a state school or private university, the cost of attaining a degree varies. There is no one set cost for all schools in the country, and different factors contribute to either decreasing or increasing the cost. For instance, a state school will cost less to attend than a university, but there are still books, supplies, and room and board to consider. Also, some schools offer online classes, which can also alter the price.

As with cost, there are certain characteristics that can weigh upon how long it takes to earn a degree. If a student stays on a normal track, it should take three years to secure a bachelor’s degree, two years to earn a master’s degree and a varied amount of time to secure a doctorate. If students choose a fast track or proves applicable work experience, this can decrease the necessary courses and ultimately the time-frame to secure a degree.

With the economy growing as it is, students have the opportunity to not only learn through their studies, but they also get to see business principles being put to work in everyday life. Those with an interest in finance can significantly benefit from studying business in Macedonia.