Study Economics & Business at One of Bosnia’s Oldest & Most Respected Public Universities

With a proud legacy dating back to 1975, the Faculty of Economics at the University of Banja Luka offers internationally aligned programs designed for the next generation of economists, business leaders, and policy professionals. As one of the most prestigious public faculties in Bosnia and Herzegovina, it blends tradition with innovation, preparing students for success in a rapidly evolving global economy.

Situated in the city of Banja Luka — just 20 minutes from the EU border — the faculty provides an ideal academic environment: affordable, well-connected, and student-friendly. Programs are taught in English and follow the Bologna system, making them fully recognized across Europe.

 Programs Offered:

Bachelor’s Degrees (4 years)

  • Economics

  • Business Management

  • International Economic Relations

International MBA (Master of Business Administration)

  • Duration: 15 months (expanding to 2 years from 2026)

  • Language of Instruction: English

  • Tuition Fee: €4,500 total (installments allowed)

  • Dual Degree: Available through Università Politecnica delle Marche, Italy

MBA Highlights:

  • Delivered by international faculty from the UK, Italy & the EU

  • Modern business curriculum with focus on innovation, sustainability, and entrepreneurship

  • Guaranteed international internship opportunities through Erasmus+ and partner projects

Why Choose the Faculty of Economics at UNIBL?

  • Public and Respected: A part of one of the largest public universities in Bosnia and Herzegovina, known for academic rigor and practical training.

  • Strategic Location: Just 20 minutes from the EU border and 3 hours from Italy, Banja Luka offers easy access to European opportunities.

  • Affordable Education: Receive a high-quality education with lower tuition and living expenses than most Western European cities.

  • English-Taught Programs: All major programs, including the MBA, are available in English, catering specifically to international students.

  • Practice-Driven Curriculum: Courses are designed with input from industry experts and partner universities across Europe.

  • International Faculty: Learn from professors with teaching experience from institutions like the University of East London and Università Politecnica delle Marche.

  • EU Exchange & Internships: Access to mobility programs such as Erasmus+, CEEPUS, and Tempus for study and internships abroad.

  • Career Focused: Graduates are equipped for high-level roles in multinational corporations, EU institutions, startups, and public administration

MBA Majors

  • Strategic Management

  • Corporate Finance

  • Managerial Economics

  • Cross-border E-commerce

  • Leadership and Organizational Behaviour

  • Business, Government, and Society

For MBA:

  • Bachelor’s degree (Minimum 4 years bachelor’s accepted)

  • Minimum 1 year of work experience

  • Proof of English language proficiency (IELTS/TOEFL or faculty-assessed)

Need more information – Download the MBA program Brochure

Who Is This Faculty Best Suited For?

  • Students seeking internationally accepted degrees in business or economics

  • Working professionals aiming to upskill with an EU-standard MBA

  • International students looking for quality education at an accessible price

Fast Facts

  • 🌍 Location: Banja Luka, Bosnia and Herzegovina

  • 🏛️ Faculty Established: 1975

  • 🗣️ Language: English

  • 💶 Tuition: €1,500/year (Bachelor) | €4,500 total (MBA)

  • 🎓 Degree Recognition: ECTS & Bologna Process Compliant

Ready to Take the Next Step Toward Your Global Business Career?

The Faculty of Economics at the University of Banja Luka offers an unbeatable mix of affordability, academic depth, and international orientation. Whether you're pursuing your first degree or returning for postgraduate study, this faculty offers a clear path to success — in Europe and beyond.

📩 For inquiries or assistance with your application, visit www.bosniaedu.com or contact our admissions team today.