Master of Finance & Accounting in Corporate Finance & Accounting

Nicolaus Copernicus University
Finance & Accounting in Corporate Finance & Accounting
Masters
Business & Management
Public University
Poland

The Master of Finance & Accounting, Corporate Finance & Accounting specialization at Nicolaus Copernicus University focuses on financial management within corporate organizations. Students study corporate financial planning, capital budgeting, and financial statement analysis. Coursework addresses the financial decisions companies make regarding investment, financing, and reporting. The specialization builds on core finance and accounting coursework with a corporate focus. Students gain practical skills in financial analysis relevant to corporate finance careers. The program prepares graduates for roles in corporate financial management and analysis.

Course Details

Category	Details
Time	Full Time
Campus	Toruń
Duration	2
Deadline-Date	tbc,04-August,
Fee Per Year	15600
Application Fee	85
Currency	pln
Intake Link	https://www.umk.pl/en/erasmus/students/Academic_Calendar_2023-2024.pdf
Deadline Link	https://www.umk.pl/en/admissions/Deadlines.pdf
Intakes	February
Program language requirement	B2,IELTS minimum 5.5 pts,ISE Digital above 80 pts,(TOEFL) in the Internet-Based Test (iBT) version minimum 72 pts,(TOEIC) minimum 785 pts in Listening & Reading and 150 pts in Speaking and 160 in Writing,(PTE Academic) in on-site and online version minimum 59 pts

Who can Choose this program?

Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Management, or a related field. Non-business degrees may be accepted with relevant work experience or preparatory courses.

Additional Information

Category	Details
Scope of the program	Graduates are prepared for roles in corporate finance and accounting departments across various industries. Career paths include positions as financial analysts, corporate accountants, and finance managers. Graduates can work in investment banking and corporate advisory roles. The program also supports careers in financial planning and analysis (FP&A) functions. Many graduates pursue professional accounting certifications alongside their degree. The AACSB accreditation supports internationally recognized career opportunities.
Program entry requirement	1) In case of application to first (BA) or long-cycle (MA) studies – the original of secondary school (maturity) certificate and transcript of grades, entitling a candidate to undertake university-level study in country in which the certificate / document was issued; ( should any external/uniform examination is necessary to pursue university level education in the country of origin, NCU also requires a proof of taking such an examination as it stipulated by the Polish education law). 2) In case of application to second-cycle (MA) studies – the higher education diploma (MA, BA, engineer diploma or equivalent) and transcript of grades obtained during the course of study, entitling a candidate to continue university-level study in country in which the diploma was issued, or original of the certificate confirming graduation from studies and containing information on level, programme and profile of studies, obtained professional title and result defined in words together with statement, in which candidate undertakes to present the original or certified copy of the higher education diploma within 30 days from the day of its issuance, under pain of removal from the list of students. 3) A personal questionnaire, which includes candidate’s photo, printed out from candidate’s individual registration account in the IRK system and signed by the candidate (available at the candidate’s individual registration account in section “Enrollment applications” under the chosen field of study accessible through the link “Documents and further steps”); 4) A legalisation (authorisation) or apostille (if the document was issued by an institution operating in the educational system in a country that is a party to the Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, concluded in The Hague, 5 October 1961) of the original of secondary school (maturity) certificate and transcript of grades or the higher education diploma and transcript of grades – depends on the level of studies; 5) Original sworn translations into Polish language (or English language if a candidate undertakes studies provided in English) of legalised/signed apostille secondary school (maturity) certificate and transcript of grades or the higher education diploma and transcript of grades (in case of other than sworn translation – translation legalized by the authorised institution in the country where the documents were issued) – depends on the level of studies; 6) A document stating that the certificate / diploma entitles to undertake or continue university-level study in country in which the certificate / diploma was issued (with translation into the language of instruction of studies chosen by the candidate. Please check if your diploma entitles you to undertake first-cycle/ long-cycle/second-cycle studies in Poland; 7) Information of NAWA director on recognition of the secondary education certificate/foreign maturity diploma, university diploma in Polish education system for graduates from countries outside of EU, EFTA, and countries who have not signed an agreement on recognition of educational qualifications with Poland. https://syrena.nawa.gov.pl/wniosek/wstep#. For other graduates from remaining countries an automatic recognition statement generated from NAWA Qualificator System - https://kwalifikator.nawa.gov.pl/ 8) For studies in English – English Language Proficiency Certificate at minimum B2 level. As specified in the Ministry Regulation https://study.cm.umk.pl/wpcontent/uploads/2018/08/Rozporzadzenie-EN.pdf 9) For studies in Polish – Polish language certificate at a minimum B2 level unless specified otherwise in the qualification criteria in IRK Admission System. Detailed list available in Polish. 10) The University will require an eligibility statement from the document issuing educational institution if in any doubt concerning educational documents. 10) Other do
Required GPA	Bachelor’s: 2.5 CGPA or equivalent (may vary by program).
GRE Required	No GRE required for admission to this master's program at Nicolaus Copernicus University.
GMAT Required	No GMAT required for admission to this master's program at Nicolaus Copernicus University.
Application Process	How to Apply to Study in Poland? When applying to polish universities, students should keep in mind these crucial steps: 1. Select the course you want and university first. 2. Visit the website of the former university to obtain the application. 3. Complete the application and look for further information, such as exam requirements and other information on admissions for students from abroad. 4. Enroll in and complete the necessary test. 5. Enclose the completed application form and any other documents, such as the academic criteria. 6. Proof of funding for your research (such as bank balance). 7. Standards for proficiency in English (IELTS, PTE, TOEFL Scores). 8. Foreign Student Health Insurance. 9. The acceptance letter will be sent to your mail by the university once it checks your application and supporting documentation. 10. After receiving the acceptance letter, you have a deadline for paying your deposit. 11. Attend that particular university on the given day.
Available Scholarships	https://studyabroadupdates.com/scholarships/
Program accreditation	Nicolaus Copernicus University (NCU) holds positive accreditation from the Polish Accreditation Committee (PKA). Founded in 1945, it is one of the largest universities in Poland, comprising 16 faculties including 3 medical faculties at Collegium Medicum in Bydgoszcz. NCU obtained research university status in 2019, one of only ten Polish universities to do so, and ranks among the top 5 universities in Poland and top 4% worldwide (QS Rankings). It received the HR Excellence in Research award from the European Commission in 2015. Since 2020, NCU has been a member of the Young Universities for the Future of Europe (YUFE) alliance, one of the first European Universities initiatives. The Faculty of Economic Sciences and Management is the first and only public school in Poland to hold AACSB International accreditation.
Living expenses	Living Expenses in Poland • Monthly Budget: Generally ranges between €400 and €600 per month (approx. PLN 1,500 – 2,500) to live a moderate student life. • Accommodation: Highly affordable on-campus university dormitories cost roughly PLN 400 – 600 (€90 – €140) per month. A private 1-bedroom apartment outside the city center can average around PLN 2,300 (~€540). • Visa Proof of Funds: To clear your student visa requirements, you must present an accessible bank statement showing a baseline liquidity of approximately PLN 8,000 (~€1,850) in addition to your paid tuition receipts.
Visa Process Details	1. Passport: Valid passport with old ones if available (Mandatory). 2. CNIC / B-Form / FRC: ID and family relation documents (Mandatory). 3. Photographs: Biometric/passport-sized photo (Mandatory). 4. Offer Letter: Official unconditional admission letter (Mandatory). 5. Tuition Fee Receipt: Deposit, payment, or scholarship proof (Mandatory/Conditional). 6. Academic Documents: Transcripts and degrees with attestations (Mandatory). 7. Language Certificate: IELTS, TOEFL, or language proof (Conditional). 8. CV / Resume: Updated resume with gap details (Mandatory/Conditional). 9. SOP / Motivation Letter: Study plan and home ties explanation (Mandatory/Conditional). 10. Financial Documents: Bank statements, income, and funds proof (Mandatory). 11. Sponsor Documents: Sponsor ID, relation, affidavit, and income proof (Conditional). 12. Accommodation Proof: Housing booking or address (Mandatory/Conditional). 13. Insurance: Travel/health insurance (Mandatory/Conditional). 14. Police Certificate: Character certificate if required (Conditional). 15. Medical Certificate: Medical/TB/polio clear certificate (Conditional). 16. Translations / Legalization: Certified translations or attestations (Conditional). 17. Previous Refusals: Refusal letters with explanations (Mandatory if applicable). 18. Travel History: Visas, stamps, and travel proof (Conditional). 19. Family / Home Ties: Property, business, or family return proof (Recommended). 20. Country-Specific: e-Konsulat form / appointment confirmation (Country-specific). 21. Country-Specific: Proof of accommodation and return travel means (Country-specific). 22. Country-Specific: Insurance meeting Polish national visa rules (Country-specific).
Part timework	Part-Time Work in Poland • Hours: Enrolled full-time international students face no restrictions on working hours. You can work part-time, full-time, or freelance without needing a separate work permit. • Average Pay: The statutory minimum wage is PLN 30.50 per hour gross. • Tax Benefits: Students under the age of 26 working on a mandate contract (umowa zlecenie) are exempt from both social security (ZUS) and income tax up to a high income threshold, allowing you to take home nearly 100% of your gross earnings.
Post-study work opportunity	Post-Study Work Opportunities • 1-Year Stay-Back Permit: Non-EU graduates of Polish higher education institutions can apply for a 1-year temporary residence permit extension specifically designed to give you an open window to hunt for a job. • Full Work Permit Transition: Once you land a professional contract matching your credentials, you seamlessly transition into a multi-year Temporary Residence Card (Karta Pobytu) tied to your employer. • The EU Blue Card Pathway: Highly qualified specialists who secure a position with a salary at or above 150% of the national average (~PLN 10,500/month gross) qualify for a premium EU Blue Card valid for up to 4 years.

What are the eligibility requirements for the Master of Finance & Accounting program at Nicolaus Copernicus University?

To apply for the Master of Finance & Accounting program, candidates must have a Bachelor's degree in Finance, Accounting, Economics, Business Administration, Management, or a related field. Non-business degrees may be accepted with relevant work experience or preparatory courses. Additional documents such as a higher education diploma and proof of English language proficiency are also required.

What is the duration and mode of the Master of Finance & Accounting program?

The Master of Finance & Accounting program is a full-time course that lasts for two years. It is taught in English, building on core Finance and Accounting coursework.

How much does the Master of Finance & Accounting program cost per year?

The fee for the Master of Finance & Accounting program is PLN 15,600 per year. An application fee of PLN 85 is also required upon submission of the application.

Are there scholarships available for international students in this program?

Yes, there are scholarship opportunities available for international students. For more details, you can visit the scholarship information page at this link.

What post-study work opportunities are available for graduates of this program?

Graduates of the Master of Finance & Accounting program can apply for a 1-year stay-back permit to search for job opportunities in Poland. Additionally, they can transition to a multi-year Temporary Residence Card once they secure a job that matches their credentials. Highly qualified individuals may also qualify for the EU Blue Card if they meet specific salary requirements.