The admission form is available online or at the Admissions Office.
Join our webinar on this program on the 4th of September. More information under this link.
The Master’s Program in Finance and Accounting has been accepted into the CFA Institute University Recognition Program. This status is granted to institutions whose degree program(s) incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding in the CBOK and positions them well to sit for the CFA exams.
One of the reason why I chose Kozminski is because I really enjoy the practical approach of the program they are offering as well as the reputation it obtained. I first heard of the University from the Financial Times ranking. In addition to that, the business school also offers wide range of the program and electives, which allows students to customize their program. The international accreditation also boosted my confidence about choosing this business school, as I know the quality of the education, teaching and research will be up to the international standard. The school also partners with many companies in Poland, therefore, it also gives me an opportunity to gain work experience in Poland. What is more, the tuition fees are also quite reasonable. I researched many school in Europe and the world and I wasn’t able to find a business school, which would meet my financial requirement as well as my career opportunities. I completed my bachelor degree at Aberystwyth University, Wales. With the current unstable situations in the United Kingdom, I think that Poland, especially Kozminski University, was be the best choice for me. I would give the future and prospective students advice, that will be ‘Come to join Kozminski family with an open-minded and curiosity attitude’.
Kokfoo Chow (Malaysia), Master in Finance and Accounting Student
For me Kozminski University has been one of the best choices of my life. The high in the FT ranking, practical methodology, highly graded faculty members and the friendly staff members at the University make it a perfect choice to pursue your education. The way of teaching with case studies and group works brings out the individuals full potential on the particular topic. My fellow classmates are from diversified backgrounds but we are united. I strongly believe that this is the best possible way for me to start my career in the financial sector.
Ajesh James (India), Master in Finance and Accounting Student
The Master in Finance track at Kozminski University is characterized by dedicated students and top-level professors that fosters an environment for aspiring finance professionals. My reason for applying to Kozminski was due to their high international school rankings, and to study in Eastern Europe’s largest economy. Solving business cases with groups of students, gives us a great advantage tackling real life scenarios after graduation. Our curriculum is heavy on quantitative subjects, but it also contains leadership development courses to help us succeed in management positions further down our career path. With Poland’s recent economic success, I believe that having experience and network in this region will give me a competitive advantage in my career.
Hakon Ingebregtsen (Norway), Master in Finance and Accounting Alumni
The F&A program at Kozminski University enriches every aspect of my life. It is not only a place of academic excellence but also a place to turn into a real practitioner. Based on the case study approach, we learn to read critically and to question the issues, in order to unravel the essence of each story. Due to the highly international environment, the solutions are one of a kind as we incorporate ideas from around 15 different countries. The required techniques to live up to expectations are taught by lecturers who themselves have numerous years of practical experience and communicate their unwritten golden rules. At KU you are not just a number but rather a promising individual that gets all assistance needed. After your studies you not only end up with a degree but also with an excellent network. Without KU’s International Banking specialization, I probably would have not had the opportunity to find such a fantastic employment at an international bank.
Petra Pawlowski (Germany), Master in Finance and Accounting Alumni
Kozminski University actively participates in educational initiatives of CFA Society, Poland.
Student of Master in Finance and Accounting Program regularly participate in the CFA Research Challenge organized by the CFA Institute globally every year. It is a prestigious international contest based on a case study. University-sponsored teams prepare a valuation of a chosen publicly-traded company and present their investment recommendation to a panel of experts mostly comprised of CFA charter holders. More information
In 2015 the Team of KU students studying in Master in Finance Program won the CFA Research Challenge in Poland and took the second place in the EMEA Finals. In 2016 the KU Team took the second place out of 22 teams representing the best Polish universities.
Michał Szemraj, CFA:
"Being the member of the CFA Society, Poland, I was designated as an industry advisor for the KU Team during the preparation for the CFA Research Challenge, and genuinely enjoyed this experience. Students showed a deep knowledge of fundamental analysis and demonstrated practical skills of financial modelling, which allowed them to prepare a bullet-proof equity valuation model. Step by step, the KU staff is building a recognizable brand praised for distinguished academic achievement, high level of professionalism, and unrivalled learning environment".
Students have access to multiple study resources allowing them to collect all the necessary information for solving practical business problems as well as to dwell into academic science. The university provides access to a plethora of databases, including Reuters, BankScope, EMIS, Infinancials, etc. (a complete list can be found here), which represent an essential toolkit for business analysis. Academic databases such as ScienceDirect, ProQuest, JSTOR etc. allow to track the most recent research findings in the domains of economics and finance. Thanks to a special agreement, KU students have access to the published materials of Financial Times (including articles, webcasts, business data and interactive graphics), which provides an unparalleled international exposure and essential multidisciplinary knowledge of global politics and finance.
Being a highly positioned academic institution, Kozminski University puts a strong emphasis on rigorous research aimed at gaining new insights into business and economics through the application of refined methodology. KU staff publish prolifically in prestigious peer-reviewed journals such as Journal of Corporate Finance, Journal of Banking and Finance, Journal of Financial Stability, Emerging Markets Review, etc.
The specialization offers an immersive and accelerated learning environment – one that inspires students to reflect and reemerge as professional financial analysts. Facilitated and moderated by experienced market practitioners, the specialization classes challenge the conventional knowledge and offer fresh insights into complicated business issues. As part of the specialization, students will be trained in cutting-edge techniques of portfolio and wealth management (including alternative investments), financial modeling, capital budgeting, and risk management. Kozminski University seeks to make the contents of the Corporate Finance specialization consistent with the CFA Candidate’s Body of Knowledge (CBOK). The ultimate goal is to enable KU students to start passing CFA exams while studying at the University.
Mateusz Kacprzak - Managing Director, Head of Equity Capital Markets, Bank Zachodni WBK S.A.:
Financial analysis and valuation is not something one can learn by exclusively grinding books. It requires a great deal of practical experience to build upon, and often, some pure intuition. KU teachers are mostly experienced market practitioners, who share their knowledge through case studies and practically-oriented workshops. The Program equips students with a state-of-art toolkit, allowing them to start a successful career in finance. One thing to learn at the beginning is that complexity of business issues hides the underlying opportunities.
Tomasz Wiśniewski – Partner, Head of Valuation Services, Deal Advisory, KPMG:
KPMG decided to establish a partnership with Kozminski University. Our goal is to share our expertise and practical knowledge in the area of deal advisory with students of the Corporate Finance track of one of the best accounting and finance programs in Poland. Our experts with many years of practical experience provide insights on capital market transactions, global and local trends as well as the ways to ensure the deals are done properly to create value to the shareholders. We demonstrate ways how to measure value and account for uncertainty in the ever changing market and regulatory environment. We also present how through sound valuation corporate governance can be improved and the overall trust in transactions increase. We strongly believe that only the combination of academic theory and practical experience can shape finance managers of the future who are able and willing to take the next steps in their professional careers.
The specialization offers a professional in-depth training in the techniques of financial reporting, audit, and assurance. The classes aim to provide students with relevant theoretical basis and practical skills necessary to meet the expectations of the highly competitive business environment. Students gain advanced skills of consolidated financial reporting analysis, financial performance appraisal, quality control, and transnational audits.
Recognizing the transformative role of experiential learning, Kozminski University constantly strives to achieve a perfect balance of theoretical knowledge and practice-oriented study solutions. This is where the feedback from the practitioners and wide business community becomes an invaluable source of new ideas and relevant evidence validated by everyday decision making. The specializations ‘Corporate Finance’ and 'Corporate Finance and Accounting' are partnered with Accenture, which is a renowned and internationally acclaimed leader in the domain of strategy, consulting, technological and operational solutions for business. Accenture’s managers participate in the Program council and provide trainings to our Master students in order to deliver an out-of-the-box perspective on complicated business issues. The best students will be invited for an internship at Accenture.
Edyta Gałaszewska-Bogusz - Service Delivery Operations Lead for Poland, Accenture:
In Accenture we constantly strive to bring ground-breaking solutions to our clients, help them unleash their growth potential and hone their strategic position. Our success is built by a dedicated team of professionals, whose business values and proactive approach shape the future vision of the most innovative ventures. The partnership with Kozminski University is an inalienable part of our development vector, which we perceive as an excellent opportunity to attract the most agile and practice-oriented minds to our team, and at the same time provide a feedback to the academic community, which powers our company. We are in a constant pursuit of talents and Accenture may become a great place for you to find inspiration, test your capabilities, and attain your ambitions.
Qualified anti-money laundering (AML) professionals are in high demand as banking institutions increase their focus on risk prevention. Regulatory requirements are constantly evolving, forcing the financial sector to constantly improve AML response systems. As a result, AML has become a new hot career choice for ambitious people willing to work internationally. The shortage of qualified candidates in the field remains an issue. Recognizing the growing development opportunities offered by the AML industry, Kozminski University and Citi Service Center Poland established strategic partnership aimed at training skills and competences necessary to successfully work in the field of AML and Compliance. Students are familiarized with the general framework of risk management in financial institutions, AML operations standards and procedures, receive relevant knowledge of international legal AML regulations, and learn about the responsibilities of Compliance officers. Classes are conducted by senior management Citi’s AML Operations Hub. Best students of the specialization will be invited to summer internship program at Citi Service Center Poland.
Ewa Piasecka-Szalai, Senior Vice-President, AML Operations Head:
Citi Service Center in Poland recently celebrated its 10th anniversary, and we are still growing at a rapid pace. We are proud of being officially recognized as one of the best employers in Poland. Partnership with Kozminski University is an important element contributing to our competitive advantage. AML is a dynamically growing industry, which offers attractive and rewarding career track. Warsaw has become one of the biggest AML Hubs in Europe. Maybe, your opportunity is here!
* Specializations will launch provided that the required amount of students sign up.
Please do not hesitate to send your queries and we will gladly provide you with necessary information: firstname.lastname@example.org
Admission for Master programs at Kozminski University is based on personal interviews. Candidates who apply for a Master program in the same field in which they have previously obtained a Bachelor diploma are not required to participate in the interviews.
Foreign Candidates are admitted with omission of the above mentioned regulations in accordance with the ordinance of the Minister of Science and Higher Education of the Republic of Poland of September 9, 2009.
Application for full time and part time Master's programs at Kozminski University must include:
Foreigners are additionally required to submit:
All documents issued in foreign languages should be translated into Polish or English by a sworn translator.
The admission fee for all programs delivered in English is 750 PLN.
Payment of the admission fee should be made to the following bank account:
Name of the bank: Pekao S.A. II o/Warszawa
Address: Grzybowska 53/57, Warszawa
Bank account number: 20 1240 1024 1111 0010 1646 0637
SWIFT code: PKOPPLPW
Foreigners who need a visa to study in Poland are additionally required to make payment of tuition for one full year of studies before we can issue documents necessary in the visa application process i.e. invitation to come to Poland and the admission decision. Admission commission issues a conditional acceptance letter including individual account number to which the payment should be transferred in Polish Złoty (PLN) calculated according to the exchange rates of the National Bank of Poland (www.nbp.pl). In case the candidate is denied a visa tuition is returned. Admission fee is non-refundable.
The admission form is available online or at the Admissions Office.
Make payment of the admission fee
The admission fee should be transferred to the Kozminski University bank account or made through the platnosci.pl system available after completing the online application form.
Submit your application
All of the required documents should be submitted in the Admissions Office (in person or via regular post).
Participation in the qualification interview is required in case of Polish candidates who choose a Master program in different field from the one which they studies in the Bachelor program.
The decision is issued on the day of submission of the application (if documents submitted in person) or within ten working days (if documents submitted via regular post).
Signing of the contract
The final step of the admission process is signing the agreement.
|Tuition per semester when paid in full||8900 PLN||2106 EUR*||2402 USD*|
|Tuition per semester in 5 installments||5 x 1800 PLN||5 x 426 EUR*||5 x 486 USD*|
|Admission fee||750 PLN||178 EUR*||203 USD*|
|Tuition per semester when paid in full||7100 PLN||1680 EUR*||1916 USD*|
|Tuition per semester in 5 installments||5 x 1440 PLN||5 x 341 EUR*||5 x 389 USD*|
|Admission fee||750 PLN||178 EUR*||203 USD*|
* Exchange rates according to NBP table of 2017-07-03: 1 EUR = 4,2265 PLN, 1 USD = 3,7062 PLN
PRICES IN PLN ARE APPLIED. If you pay in EURO or USD please note that payments in EUR and USD are recalculated into PLN according to the exchange rate of Millennium Bank based on the day of receipt of payment to the Kozminski University bank account. Check current exchange rate.
Open days 2017
September 16 (Saturday), 12:00