
International and Economic Relations
International Balkan University, North Macedonia
Master of Science in International and Economic Relations
International Balkan University
International and Economic Relations
Program Overview
The Master of Science in International and Economic Relations at International Balkan University (IBU) in Skopje, North Macedonia, provides advanced knowledge in global economic systems, international trade, diplomacy, and cross-border financial relations. This program is designed for graduates who wish to deepen their understanding of the economic and political dynamics shaping international cooperation and development.
Taught entirely in English, the program equips students with analytical and strategic skills needed to navigate the complexities of international economic policy, regional integration, and global governance. Students benefit from IBU's multicultural academic environment, with peers from more than 20 countries enriching classroom discussions and collaborative projects.
IBU's Faculty of Economics and Administrative Sciences combines rigorous academic theory with practical applications, preparing graduates for leadership roles in international organizations, government agencies, multinational corporations, and policy research institutions. The university's EU-recognized diplomas and membership in the European University Association further strengthen the value of this degree.
Key Program Highlights
- Fully taught in English within a multicultural campus hosting students from over 20 countries
- EU-recognized diploma confirmed by Germany's Anabin and Greece's Hellenic NARIC-DOATAP
- Access to the Borsa Istanbul Economy and Finance Simulation Laboratory (BISTLAB) for practical financial training
- Erasmus+ and Mevlana exchange opportunities with over 150 partner universities across Europe and Turkey
Curriculum and Modules
The Master in International and Economic Relations curriculum spans two semesters and is structured to build advanced competencies in international economics, diplomacy, and global policy analysis. Students complete core modules covering both macroeconomic and microeconomic dimensions of international relations, culminating in a master's thesis.
International Economic Policy
10 ECTSExamines the principles and instruments of economic policy at the international level, including trade agreements, monetary policy coordination, and economic sanctions.
Global Trade and Finance
10 ECTSAnalyzes the structures and dynamics of international trade flows, foreign direct investment, capital markets, and the role of international financial institutions.
International Relations and Diplomacy
8 ECTSExplores theories of international relations, diplomatic practice, conflict resolution, and the functioning of multilateral organizations such as the UN and EU.
European Integration and Regional Cooperation
8 ECTSFocuses on the processes of European economic and political integration, with particular emphasis on the Western Balkans' path toward EU accession.
Research Methodology in Social Sciences
6 ECTSProvides students with quantitative and qualitative research methods essential for conducting independent academic research and policy analysis.
Master's Thesis
10 ECTSStudents conduct original research on a topic in international and economic relations under faculty supervision, culminating in a written thesis and oral defense.
Elective Modules
Admission Requirements
Admission to the Master in International and Economic Relations at IBU is open to graduates holding a recognized bachelor's degree. All applications are processed through Uni4Edu, which provides personalized guidance throughout the admissions process.
Academic Requirements
- Bachelor's DegreeA completed undergraduate degree (minimum 180 ECTS) in economics, political science, international relations, business, or a related field from an accredited institution
- Minimum GPAContact Uni4Edu for current GPA requirements
- Relevant BackgroundPreference given to candidates with academic or professional experience in economics, international affairs, or social sciences
- Motivation LetterA personal statement outlining your academic interests, career goals, and reasons for choosing this program
- CV / ResumeA current curriculum vitae detailing your educational background, work experience, and relevant achievements
Language Requirements
- IELTSMinimum overall band score of 6.0 (or equivalent). Contact Uni4Edu for details.
- TOEFL iBTMinimum score of 72 (or equivalent). Contact Uni4Edu for details.
- ExemptionApplicants who completed their previous degree in English may be exempt from language test requirements
Required Documents
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships and Funding
International Balkan University and its partners offer various funding opportunities to support international students pursuing their master's degree. Uni4Edu can help you identify and apply for scholarships that match your profile and academic achievements.
IBU Merit Scholarship
A merit-based scholarship awarded to high-achieving international students based on academic performance during their undergraduate studies. Eligible candidates are assessed on GPA and academic distinction.
Erasmus+ Mobility Grant
Varies by home country and mobility typeAvailable to students participating in Erasmus+ exchange semesters at IBU's 150+ partner universities across Europe. The grant covers travel and living expenses during the exchange period.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects
Graduates of the Master in International and Economic Relations are well-prepared for careers at the intersection of economics, diplomacy, and global policy. The program's emphasis on analytical skills, international economic frameworks, and cross-cultural competence opens doors to diverse professional opportunities in both the public and private sectors.
Potential Career Paths
Typical Employers
Rankings and Recognition
International Balkan University has steadily built its academic reputation since its founding in 2006. Accredited by the North Macedonian Ministry of Education and Science, with EU diploma recognition confirmed by Germany's Anabin and Greece's Hellenic NARIC-DOATAP, IBU holds memberships in the European University Association and the Balkan Universities Association.
| Subject | Ranking Body | Rank |
|---|---|---|
| Economics | EduRank | #7 in North Macedonia |
| Business | EduRank | #8 in North Macedonia |
| Liberal Arts and Social Sciences | EduRank | #7 in North Macedonia |
| Political Science | EduRank | Top research topic within Social Sciences at IBU |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
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