Finance
The Finance study programme is based on acquiring knowledge, skills, and competencies in finance at the level of allowing graduates to efficiently communicate with the national and multinational scientific and professional community in all sectors of the national economy.
KNOWLEDGE: Doctoral study graduates in the Finance study programme have mastered appropriate methods of essential and applied research to solve problems in finance theory, banking and finance economics, financial management, public finance, the economics and management of innovations, quantitative finance, and finance macroeconometrics.
SKILLS: Graduates of this study programme are able to design and create research process in the field of finance independently, innovatively with academic integrity, focusing on various areas of finance. Depending on the character of the research problem and the research area, graduates are able to formulate research theses and hypotheses, evaluate and verify them scientifically, applying appropriately corresponding research methods. They have prerequisites for solving and verifying complex theoretical and practical problems and conducting extensive research in finance at various levels of the national economy as well as at the multinational level. Based on their findings, graduates are able to propose, verify, and implement research approaches in an innovative way. They are able to apply a range of quantitative methods in theoretical or applied finance at the micro as well as macro levels. Based on their findings, graduates are able to propose, verify, and implement research approaches in an innovative way. Graduates acquire specific methods of scientific work, the ability to apply specialised knowledge in theory and practice alike. They are also able to apply complex and new strategic approaches when solving a research task, using their specialized skills and techniques relevant to the selected topic, their ability to expand on new ideas, making novel contributions and thus further developing the field of Economics and Management.
COMPETENCIES: Graduates of the Finance study programme are not only able to apply constructive criticism and comprehensive evaluation when analysing a researched phenomenon, but also to predict its further development and adopt interim as well as long-term decisions. They are also able to creatively implement new findings in pedagogical, wider economic, and social practices, and participate in the creation of approaches to economic development with the emphasis on the area of finance. On top of that, they are able to solve complicated novel innovative research tasks and present their research findings in scientific and technical publications respected both by the national and international scientific communities. Thanks to their independent, critical, analytical, and conceptual thinking, doctoral graduates are able to present the results of their research in their own country as well as abroad. Thus, graduates can be employed in research institutes, in key institutions in state administration, in international institutions of a global and regional character when theoretical knowledge is at the centre of solving problems in economic practice. Their ability to further theoretical knowledge and use scientific methods of research makes them ideal candidates for scientific work. They can find employment to a full degree in leading managerial, strategic-planning, and analytical positions in private and public sector establishments related to finance at various levels of national or multinational institutions and companies. Graduates are competent to publish papers in journals of international quality, cope with issues in the field of finance at an international level and discuss scientific results and attained results in the field of finance at international forums and on online scientific platforms.
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All doctoral study programmes of the Economics Faculty of MBU have the same admission requirements.
The basic requirement is to have completed a Master´s programme and to pass the required entrance exam.
An applicant who is in the last year of an engineers/master's degree can also apply for the third degree of study. The certificate of completion of the second degree of university studies (or confirmation of passing the state exam) shall be submitted no later than on the day of the entrance exam.
Before the admission process starts, the faculty announces the topics of dissertation theses, which are published on the faculty's website at least four months before the last day for submitting applications. Each of the listed topics has a designated supervisor. Candidates for doctoral studies must apply for one of the listed topics. After choosing a topic, the candidate should approach the supervisor and, with his/her cooperation, prepare a written dissertation project. Only one applicant can be accepted for one dissertation topic.
Conditions for international students
Students who have completed the previous degree abroad must have the diploma recognised in the Slovak Republic. The admitted students shall submit the document recognising the diploma no later than the day of enrolment.
Applicant for a study program taught in English, who has completed a previous level of education in a country outside the European Higher Education Area, is required to attach to his/her application form a notarized photocopy of the internationally accepted IELTS certificate - International English Language Testing System with a minimum entry score of at least 6,0 from all parts no later than May 30, 2025. A notarized photocopy of the certificate must be delivered to the faculty in a paper version (the electronic version is not sufficient) no later than May 30, 2025. The certificate sent only in the electronic version will not be accepted and the applicant´s application form will be cancelled.
A foreign applicant (except an applicant from the Czech Republic), applying for a study program taught in the Slovak language, is required to demonstrate knowledge of the Slovak language at level B1 according to the Common European Framework of Reference for Languages. A verified photocopy of the Slovak language proficiency certificate issued by language schools registered by the Ministry of Education, Science, Research and Sport of the Slovak Republic in the Network of Schools and School Facilities of the Slovak Republic (registered state language schools and private language schools) must be attached to the application for study by a foreign applicant (except for an applicant from Czech Republic) no later than May 30, 2025. In case of submitting a certificate issued by another institution (University or a language school in the territory of the Slovak Republic) the Dean decides on the acceptance of the certificate.
A notarized photocopy of the certificate must be delivered to the faculty in a paper version (the electronic version is not sufficient) no later than May 30, 2025.
If the applicant does not submit a verified photocopy of the certificate within the specified deadline or submits the certificate only in an electronic version, his/ her application form will be cancelled (electronic version of the certificate will not be accepted).
The applicant who has passed his/ her school leaving exam in Slovak language or has completed (or will complete in the given academic year) a Bachelor´s degree or a Master´s degree in Slovak language is exempt from the obligation to submit a certificate of knowledge of the Slovak language at level B1
Coordinator for students with specific needs
doc. Ing. Radoslav Kožiak, PhD.
Phone: 048/446 2014;
e-mail: radoslav.koziak@umb.sk
The admission procedure provides an opportunity for applicants to prove that they meet certain admission requirements for study in order to become a student of a chosen study programme at the Faculty.
The admission procedure begins after the applicant delivers his / her written application form for study to the Faculty.
Applicant fill in the application
- in electronic form (information about the electronic admission and required enclosures will be published on the Faculty´s website);
- or in paper form (current application form for universities can be downloaded from the Ministry of Education, Science, Research and Sport of the Slovak Republic webpage).
EF UMB prefers applications in electronic form.
Applicants may only submit one application at one level of study and to one study programme.
The application must be sent to the Faculty by these deadlines – for the 3rdlevel degree programmes, the deadline is 30th May 2025. The electronic application for the third degree of study must also be confirmed with documentation in paper form.
Delivery address: Ekonomická fakulta UMB, referát VVČ a DrŠ, Tajovského 10, 974 90 Banská Bystrica, Slovak Republic
Form of entrance exam
The entrance exam in full-time study and part-time study consists of the following parts:
a) Presentation of the candidate's written dissertation project in English, discussion of the project in Slovak,
b) Assessment of the applicant's previous activity in scientific activity (publication and scientific research activity).
The maximum number of points candidate can achieve for full-time study is 100.
The scoring of the entrance exam is as follows:
a) Written project and its presentation 85 points, out of which:
- theoretical background of research (literature review): 25 points
- intended objectives: 10 points
- intended research methods: 20 points
- expected results and outputs: 10 points
- project presentation and discussion: 20 points
b) Scientific research activity during or after completion of the Master's study, e.g. active participation in the student scientific conference or a similar scientific event; participation in a research project/presentation resulting in a professional/scientific event; publication of professional/scientific papers): 15 points
The entrance examination of applicants for full-time and part-time study is conducted before the Exam Board. The composition of exam boards for study programs is determined by the dean of the faculty based on the proposals of the persons responsible for individual doctoral study programs. With the consent of the chair, the board can invite the supervisor whose topic has been chosen by the candidate.
The dean determines the minimum number of points required for successful completion of the entrance exam and admission to individual study programs. Applicants who take the entrance exam will be accepted according to the total number of points achieved in the admission procedure until the planned capacity of individual study programs in individual forms of study is filled.
An applicant who has met the conditions for admission to study but is not admitted to the chosen study program due to capacity reasons, can be accepted by the dean for another form of study in the chosen study program.
At the same time with the acceptance of candidates for doctoral studies, the dean will specify the training places in the notification to the doctoral students, and for full-time doctoral students, the place of their work performance.
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Apply the application for study
03.03.2025 - 30.05.2025
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Performance of the entrance exam
23.06.2025 - 27.06.2025
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Annual tuition fees
Standard length of study: 2500 €
Study longer than the standard length of study program, parallel studies: 2500 €
prejsť na internú smernicu školy
The fee for admission procedure
application form: 50 €
E-application form: 40 €
Billing information
1. Payment of the fee from EU countries:
Account name: Univerzita Mateja Bela v Banskej Bystrici
Bank name and address: Štátna pokladnica, Radlinského 32, 810 05 Bratislava 15
Account no. / IBAN: SK75 8180 0000 0070 0009 5590
SWIFT/BIC: SPSRSKBA
VS (variable symbol): 1033 (Doctoral study)
KS (constant symbol): 0308 – cashless payments
Specific symbol: Birth ID no. (for Slovak applicants)
Date of birth in the form DDMMYY (for foreign applicants)
Message to recipient: name and surname of applicant
Note: All charges will be debited to the payer.
2. Payment of the fee through intermediary bank from third countries:
Account name: Univerzita Mateja Bela v Banskej Bystrici
Bank name and address: Všeobecná úverová banka, a. s., Mlynské Nivy 1, 829 90 Bratislava
Account no. / IBAN: SK75 8180 0000 0070 0009 5590
SWIFT/BIC: SUBASKBXXXX
VS (variable symbol): 1033 (Doctoral degree)
KS (constant symbol): 0308 – cashless payments
Specific symbol: Birth ID no. (for Slovak applicants)
Date of birth in the form DDMMYY (for foreign applicants)
Message to recipient: name and surname of applicant
Note: All charges will be debited to the payer.
Due to the automated fee processing in the information system, we can only accept non-cash payments.
The payment of the fee for the admission procedure must be made by the applicant or a person authorised by the applicant via bank transfer no later than the last day when it is possible to send the application form for study. Application form for study without paying the fee in the specified amount for the admission procedure will not be accepted.
Always up-to-date news about university Matej Bel University in Banská Bystrica on your email.
We will send you all the information about important events and deadlines.
Responsibility for content: PhDr Ingrid Balážová – ingrid.balazova@umb.sk
Last update: 12.09.2024 13:07