Master in Finance and Accounting

Graduate Programs (Master)
2 years
Obtained title
Master's Level Degree
Admission starts
Dana Duda
Head of Admission for International Programs
Dana Duda

About the studies

In 2024, Kozminski University was ranked 1st in Central & Eastern Europe and 44th in the world in the Global Masters in Finance Ranking published by "Financial Times". It is the only university ranked from Poland and CEE.


The program is designed in close cooperation with strategic partner companies and covers the full spectrum of advanced financial topics in order to boost your professional career perspectives. It delivers in-depth specialized knowledge and develops skills for solving complex business problems according to world-class CFA and ACCA standards, aligned with the latest principles of sustainable management.

This program with 4 available majors is customized for motivated and passionate people with a clear vision of pursuing top international careers in finance as creative and responsible leaders.


Program highlights

Be part of a top FT ranked Master in Finance and Accounting program

Check why the "Financial Times" ranking is crucial for the development of your future career HERE.

Choose an outstanding Double Degree program with our international partners

Receive two diplomas of highly esteemed European universities, with the same workload and no additional tuition fees.

Choose your own path of self development

Select between 4 unique majors depending on your preferences: Corporate Finance (CFA approved), Corporate Reporting and Accounting (ACCA approved), International Banking & Fintech or Sustainable Finance & ESG.

Learn from the best and earn international CFA recognition

Meet top tier strategic partners who assure program's alignment with job market expectations and discuss the latest trends and your career opportunities during workshops. Today these are Citibank Europe PLC, Accenture Operations, KPMG, Santander Investment Bank, UN Global Compact!

Finally, crown your competences with an internationally recognised CFA Investment Foundations certificate or CFA exam (both administered by the CFA Institute).


Full access to the professional Bloomberg database, specialized in providing financial information, top analysis, as well as BMC and ESG certificates. Combined with ChatGPT tools students are empowered with unmatched expertise in financial markets, risk management, trading, and value creation.

Join a professional network and make friends

Insider information about course requirements, extra-curricular activities, events, social life and best parties will be provided by your elderly peers even before you arrive on KU campus.

Make an impact

KU was among the first universities in CEE to recognize all 17 SDG goals. In consequence, sustainability is fully integrated into our program syllabi and encouraged by the KU community. This allows students to bring innovative sustainable solutions into business as well as meet the latest job market expectations and professional association requirements.

Participation in study visits

Students of the program are offered the opportunity to participate in study visits to company headquarters, as well as presentations with their delegates on the KU campus. Recently, our students had meetings with representatives of companies such as MDDP, RSM, Point72, and JP Morgan.

Partners of the program

The program is actively supported by industry strategic partners, who assure that the curriculum stands to the current requirements of the labor market. Today these are Citibank Europe PLC, Accenture Services Ltd, KPMG, Santander Investment Bank and UN Global Compact. Each of our partners is actively engaged in shaping and directing the study process by participating in the Program Council and thereby, bringing invaluable input to the contents of the course, organizing guest lectures facilitated by experienced senior management and providing internship and full-time job opportunities to our students. Assuring that the study process is closely intertwined with practical experience, gives our students a competitive edge and provides a dynamic start to their careers.

Double degree programs

During the course of study, students of the Master in Finance and Accounting Program have the opportunity to go on their second year to one of our partner universities for a so-called double degree program, thanks to which they will receive not only the diploma of Kozminski University, but also from our partner university!

Thanks to the double degree programs you will be able to gain a diploma of a renowned university by spending just a part of your studies with no increase to your study or financial obligations.

Click on the logo of a partner institution to get more information on your university of interest.

Available double degree programs on the Master in Finance and Accounting studies:

Accreditations, certificates & recognitions

Graduates of the program benefit from exemptions from most of the papers on the Applied Knowledge and Applied Skills level ACCA Qualification (AB, MA, FA, LW, PM, FR, FM; additionally students from the majors in Corporate Reporting and Accounting are exempted from TX and AA) and can expect to have a wide range of career opportunities in all areas of business. Kozminski University is an academic partner of the CAIA Association. Becoming a partner of the CAIA Association, a global network of more than 9,000 alternative investment professionals located in more than 90 countries, gives our students access to CAIA's vast databases and the possibility to get a special scholarship. Kozminski University is an academic partner of GARP (Global Association of Risk Professionals), which is currently the leading professional association for risk managers, dedicated to the advancement of the risk profession through education, research and the promotion of best practices globally. By virtue of covering at least 70% of the body of knowledge of the Financial Risk Manager (FRM®) examination.

Kozminski University, as a member of the CFA Institute University Affiliation Program, is among the first globally to offer the CFA Institute's Certificate in ESG Investing. This underscores our commitment to pioneering education in sustainable finance and enhances students' employability by providing them with relevant qualifications that are highly valued by employers in the finance sector.

Watch a short video on the program

Program leader

PhD Grygorii Kravchenko

Looking for an MA program that seamlessly combines work and study? The best choice is the KU Master in Finance and Accounting program.

This program ensures alignment with job market expectations, in collaboration with strategic partners such as Citibank Europe PLC, Accenture Operations, KPMG, Santander Investment Bank and the UN Global Compact. Additionally, during the course of study, students have the unique opportunity to spend their second year at one of our partner universities, participating in a Double Degree program. This means they not only receive a diploma from Kozminski University but also from our esteemed partner university! By enrolling in this program, you will discover a perfect balance between work and study, setting the foundation for a successful and fulfilling academic and professional journey!

Choose excellence with the KU Master in Finance and Accounting! 

Ph.D Grygorii Kravchenko, Head of the Master in Finance & Accounting Program

What you gain from your studies

Students of the program can expect to master the knowledge and skills regarding: 

  • The economic mechanisms at the micro- and macro- economic level 

  • Proper functioning of an enterprise and financial institutions in a free market economy 

  • Assessment of the current and future financial conditions of an organization 

  • Market position and business entities 

  • Professional and ethical standards used in solving problems in finance and accounting 

  • Principles and accounting standards, both in domestic and foreign and international accounting operations 

  • Preparing and interpreting financial statements and formulating useful conclusions based on them 

  • Design of efficient accounting systems, and assessing their effectiveness used in a variety of entities 

  • Implement ways to improve the financial condition of any entity, its restructuring and rehabilitation 

  • Making the right choice out of the most favourable sources of financing 

  • Identify risks in business, its measurement and management 

Career opportunities after your studies

  • Specialist in finance, financial analyst, or manager in organizations dealing with financial services (banks, insurers, mutual funds, broker services), international corporations or the public sector. 

  • Sustainable finance-related jobs with great perspectives in financial institutions and consulting companies, like SF strategist, SF analyst, or consultant.

  • A controller, an accountant, an auditor, or an accounting specialist in a related field (professions that have proven to be resistant to the financial crisis). The program prepares its participants for work in both the private and public sectors. 

  • A specialist in any department of a company related to finance and accounting. 

  • A specialist in international banking topics like Fintech, AML and bank operation.


Choose between 4 available majors

Available majors (click for more information):

Please be advised that the major will launch only if a minimum amount of 17 students sign up for the major.

Timeline of the studies:  


  • Advanced Corporate Finance 
  • Corporate Financial Reporting 

  • Quantitative and Qualitative Research Methods 

  • Communication and Negotiation Skills 

  • Advanced Macroeconomics 

  • Big Data Analysis 

  • Modern Banking Systems 

  • Career Track Seminar


  • Corporate Valuation and Fundamental Analysis 

  • Application of Statistics and Econometrics in Finance and Accounting 

  • Advanced Financial Reporting 

  • Advanced Management Accounting 

  • Financial Instruments and Financial Risk Management 

  • Advanced SQL 

  • Psychology of Financial Markets 

  • Ethical Issues in Finance and Accounting 

  • Dissertation Seminar 


  • Mergers and Acquisitions 

  • Programming in Finance 

  • Corporate Governance and Control 

  • Dissertation Seminar 

Courses from one of the 4 available majors: 

  • Corporate Finance (CFA Track) 

  • Corporate Reporting (ACCA Track) 

  • International Banking

  • Sustainable Finance and ESG


  • Dissertation Seminar 
  • 3 elective courses 

  • 8 week internship or 2 additional elective courses



Class schedule

Full-time programs:

Semesters I and II: 4-day schedule (Monday to Thursday, from 17:00 - max 21:00)

Semester III:  3-day schedule (Monday to Wednesday, from 17:00 - max 21:00)

Semester IV: 2-day schedule (Monday and Tuesday, from 17:00 - max 21:00)

(Schedules may change based on academic needs)

Part-time programs: Part-time program classes take place on Friday (in the afternoon), Saturday and Sunday (in the morning and in the afternoon). 


Opinions of students and alumni

Tim Knapp
Tim Knapp

When I took the decision to specialize myself on finance and accounting, I aimed to pursue a high-class Master’s program that optimally prepares me for my future professional career in the challenging and rapidly changing world of finance.     The Master in Finance & Accounting at Kozminski University has impressed and inspired me from the beginning and surpassed my expectations. All of the various courses highly emphasize the linkage of theoretical concepts with their real-world applications which makes the program genuinely unique.      

Personally, this approach has allowed me to tackle both, the diverse responsibilities I have encountered and the various challenges I will face during my corporate finance career. Furthermore, the University actively promotes extracurricular activities such as the CFA Institute Research Challenge – the most prestigious student competition in finance – which enabled me to represent Kozminski University together with my teammates at the EMEA Finals in Dublin.     In addition, wide-ranging and valuable support for students who aim to become, for example, CFA or CAIA charterholders are provided. Moreover, above all, the program offers one the opportunity to study in a highly international and culturally diverse environment whereby I have been able to connect and build long-lasting relationships with like-minded people from around the globe.


Mickael Jin
Mickael Jin

The Master in Finance of Kozminski University provides the opportunity for students to take part in the CFA Institute Research Challenge. The competition gives the students the opportunity to work and build equity research of a publicly listed company.     With the valuable experience and skills gained during the challenge, in addition to the broad and deep knowledge received from the Master's program itself, I was able to secure an offer at the Investment Banking Division of Trigon Dom Maklerski, one of the leading independent investment banking firm in the CEE region.

Master in Finance & Accounting Buddy Program

The new generation of students on our program receives full support from the most experienced students within the Buddy Program. It is a peer-to-peer volunteer initiative helping you with the first challenges during you studies as well as with building your professional career.  More information HERE.



The employees of Admission Office are available during the office hours (8:30 - 16:30), via e-mail ( or by calling +48 22 519 22 69. Admission for full-time and part-time Master programs at Kozminski University is based on 2 criteria: GPA on your previous studies and results of an online entry test. Maximum score is 100 points - 50 points for the test and 50 for GPA. Candidates who scored at least 60 points from both criteria will be qualified to the program.

Entry Test

The entry test is scheduled for 40 minutes and is meant to check the background of the candidate, analytical and logical thinking skills, as well as, possession of basic knowledge in the field, corresponding to the knowledge a Business-related Bachelor alumni should possess. Test is composed of 25 close-ended questions - 10 quantitative questions, 10 on general knowledge and current world situation and 5 on specialized knowledge in Business.

Candidates who have the CFA Level I or above certification are waivered from the necessity to take part in the test and will receive the maximum possible points (50).

Application for full time and part time Master's programs at Kozminski University must include:

  • application form - complete the form online and attach required documents,
  • original Bachelor/Master degree diploma or notarized copy and transcript of records (translation of the documents into Polish)
  • copy of the national ID or a passport 
  • CV in English
  • proof of payment of the admission fee (non-refundable)
  • certificate confirming proficiency in English:
    • Linguaskill General or Business certificate - at least 160 points - YOU CAN REGISTER HERE
    • IELTS  (at least 6.0 points, academic level)
    • TOEFL iBT (at least 87 points)
    • TOEIC (at least 700 points from the test)


List of other accepted certificates

  • FCE, CAE, CPE, BEC, CEIBT issued by the University of Cambridge
  • LCCI (English for Business Level 2, 3, 4)
  • FTBE (Foundation Certificate for Teachers of Business English)
  • TELC (B2 Certificate in English)
  • Pearson certificate at least B2 level
  • TOLES certificate - at least 41 points (Higher) or 41% (Advanced)

Only candidates who scored at least 95% on the basic level or 80% in the extended level from English language at the Polish "Matura" examination, completed European Baccalaureate, completed International Baccalaureate or completed education instructed in English in one of the EU countries, Great Britain, Ireland, USA, Canada, Australia, New Zealand, can be excluded from submitting an English proficiency certificate.

In case of visa, accommodations and other daily issues we encourage to contact our Welcome Point. 

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 ( In case the candidate is denied a visa tuition is returned.

Admission fee is non-refundable.

Register Online

Fill in the admission form available online and upload scans of all required documents to the application. 

Transfer from another university  

Make payment of the admission fee

The admission fee should be transferred to the Kozminski University bank account or made through the 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).

Entry test

Participation in online entry test is required for all candidates. Candidates are enrolled to the test after the application is reviewed and accepted by the Admission Committee.

Admission decision

The decision is issued in few working days after the test is cleared. Candidates who obtained at least 60 points from both admission criteria are qualified for program. 


Signing of the contract

The final step of the admission process is signing the agreement

Tuition and Scholarships

Master in Finance & Accounting - tuition fees (full-time)
I year II year
Tuition per semester (PLN) 17 100 PLN 19 400 PLN
Tuition per semester paid in 5 installments (PLN) 5 x 3 440 PLN 5 x 3 900 PLN
Tuition per semester (EUR) 3 960 EUR* 4 493 EUR*
Tuition per semester paid in 5 installments (PLN) 5 x 793 EUR* 5 x 903 EUR*
Admission fee: 100 PLN / 21 EUR*
Master in Finance & Accounting - tuition fees (part-time)
I year II year
Tuition per semester (PLN) 14 100 PLN 15 900 PLN
Tuition per semester paid in 5 installments (PLN) 5 x 2 840 PLN 5 x 3 200 PLN
Tuition per semester (EUR) 3 265 EUR* 3 683 EUR*
Tuition per semester paid in 5 installments (EUR) 5 x 660 EUR* 5 x 745 EUR*
Admission fee: 100 PLN / 21 EUR*

Prices listed in EURO have been converted based on the exchange rate as of 1.03.2024 as listed on the NBP website

PRICES IN PLN ARE APPLIED. If you pay in EURO please note that payments in EUR 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.

Payment of the admission fee should be made to the following bank account or through online payment system in the application form:   

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  IBAN: PL 

Benefits of studying in Kozminski