Application procedure

The application procedure includes:

  1. Filing of application documents (see below)
  2. A written examination (see below)
  3. An oral examination (see below)

Eligibility criteria

The Applied Econometrics and Economic Modelling Master’s programme is open to applicants holding an undergraduate degree in Business Administration and/or Economics. Potential candidates are also required to prove their knowledge of the English language.

Application documents

The following application documents have to be submitted to the FEBA administration until September 8, 2017:

  1. Application form (standard downloadable form)
  2. CV
  3. English-language certificate, can be among the following:
    • Cambridge English: Proficiency (CPE), Advanced (CAE), First (FCE);
    • IELTS;
    • Oxford Test of English;
    • A diploma from an English-language high school;
    • A diploma from a secondary school with extensive study of the English language;
    • An official letter from a university with your name and degree confirming that your degree was entirely or partially taught in English;
    • A certificate from other specialised institutions providing training in the English language;
    • An official letter from an academic institution certifying that you successfully passed an entry exam in the English language when applying for undergraduate or graduate studies.
  4. Copy of Diploma (Bachelor or Master Degree)
    • If you have a higher education degree acquired at a foreign higher education institution, please refer to the information provided on Sofia University’s website.
  5. Receipt for payment of two examination fees (one for the paper exam and the other for the interview)
    • Please refer to the FEBA website for further information about payment options and other relevant details.

More information can be found here (Bulgarian students) and here (international students). For further inquiries please refer to:

  1. Ms. Vesela Misheva, FEBA Secretary [e-mail: info AT]
  2. Ms. Lilia Dimitrova, Inspector for Master Students [e-mail: liliab AT

Written examination

Consists of:

  1. Writing a research paper in the English language containing theoretical and/or empirical analysis on an economic, business or financial topic selected by the applicant; See detailed instructions here.
  2. Writing of a motivation letter in the English language.

Both the research paper and the motivation letter, along with a copy of the candidate's CV, have to be emailed to aeem AT Online submissions will be accepted until September 13, 2017. For more information, see the programme’s website.

Important: Sofia University extends the recruitment for Master's Programmes until 28.09.2017. AEEM accepts applications for self-financed studies at the above email address. Note that in addition to that, the above-listed documents need to be physically submitted on paper to Office 100 of FEBA.


Oral examination

Consists of an interview where the submitted research paper and motivation letter are discussed.

Interviews will be scheduled for September 14-19, 2017. They will be held in the FEBA premises or in exceptional cases via Skype. Further details will be announced in due course.

Important: Applicants taking advantage of the extended recruitment campain will be interviewed on 29.09.2017 (in person or via Skype).


Overall entry score and admission

The overall entry score will be computed using the following components and weights:

  • Average of diploma GPA and state exam grades: 15%
  • Written examination, motivation letter: 15%
  • Written examination, research paper: 30%
  • Oral examination: 40%

Expected dates for announcing admission decisions: September 19-25, 2017.

Following admission, applicants are required to formally enrol in the Masters Programme by visiting the FEBA Administration Office prior to the official opening of the academic year in October 2017.