AP Degree // Study in English

Financial Management

On the Financial Management course you learn about economics, finance, insurance and real estate. This degree provides a solid foundation for employment in finance, insurance, customs and tax, real estate and economics.

You learn about all aspects of financial markets, from private banking to national economics and business economics. Additionally, you learn how communication works with customers and business relations.

Financial Management is a 2-year AP-degree, which includes mandatory subjects, an area of specialization, a 3-month internship and a final project.


  • This program is only offered in Danish.
  • Admission requirements: Equivalent to a Danish upper secondary education incl. maths and English.
  • Duration: 2 years, 120 ECTS.
  • Tuition: EU/EEA students no tuition fee. Non-EU/EEA students DKK 68,000 per year.

What you learn

At IBA International Business Academy, you learn the combination between theory with practice, which gives you a solid academic foundation and an understanding of how theory and your skills come into play within the financial sector.

The subjects can be divided into three groups:

  • Basic subjects: business economics, national economics, statistics, business law and economic method
  • Branch-specific subjects: Economic counselling and markets, and either real estate trading, real estate management, financial management or financial counselling
  • Communication subjects: financial marketing and customer relations

As a student of Financial Management, you are in close contact with finance-related companies, and can experience first-hand the daily tasks and challenges.

Activities during the studies include guest lecturers from the financial sector, presentations and projects in which companies participate, and visits to finance-based institutions and companies.

Career opportunities

As a financial manager you can secure a wide range of jobs within financial management and businesses, in investments, insurance and real estate management.

Financial managers typically find employment in banks, insurance agencies, mortgage-credit institutes, real estate agents, the Danish national tax authority (SKAT), or in companies of a certain size with an economy department. For instance, you can become a private banking advisor or real estate agent. 

Structure of the programme

Semester 1:
Financial Enterprises and Markets I - 10 ECTS
Business Law I - 5 ECTS
Business Economics I - 5 ECTS
Global Economics I - 5 ECTS
Economic Methods - 5 ECTS

Semester 2:
Financial Enterprises and Markets II - 5 ECTS
Business Law II - 5 ECTS
Business Economics II - 5 ECTS
Global Economics II - 5 ECTS
Customer / Client Relations I - 5 ECTS
Statistics - 5 ECTS

Semester 3:
Financial Enterprises and Markets III - 5 ECTS
Business Economics III - 5 ECTS
Customer / Client Relations II - 5 ECTS
Financial Marketing - 5 ECTS
Specialisation - 5 ECTS
Statistics - 5 ECTS

Semester 4:
Internship - 15 ECTS
Main Thesis - 15 ECTS

Download curriculum 2012 - 2014 part 1 (PDF)

Download curriculum 2012 - 2014 part 2 (PDF)

Download curriculum 2013 - 2015 part 1 (PDF)

Download curriculum 2013 - 2015 part 2 (PDF)

Download curriculum 2015 - 2017 (PDF)

Study environment and teaching method

Teaching takes place in classes comprising between 25 and 35 students, providing excellent opportunities for a social life with your fellow students. You will experience teaching approaches that emphasise theory as well as practice.

The instruction is based on projects, many of which are run in cooperation with local and national businesses, and the tasks are normally carried out in groups. You must be prepared to make an independent effort and to cooperate with your fellow students.

Some of the project tasks, and the final project in particular, are independent tasks, carried out on the basis of the theory that you have learned.  The projects should be based on specific cases from businesses, insofar as this is possible. You will be given good advice and constructive criticism along the way.


During the fourth semester, you must complete a 3-month internship, which can be taken in Denmark or anywhere in the world - further enhancing your employment prospects. You are responsible for finding your internship yourself, or you can make use of our network in Denmark or abroad.

International opportunities

When studying Financial Management, you have various options for gaining additional international experience. You can study abroad for a semester. We have many partner schools to choose from, or you can find your own.

If you only want shorter periods outside Denmark, you can go on study trips with your fellow students for a week. If you like competitions, there is an International Business Week, where participants are divided into groups of different nationalities and different schools and must solve a given assignment. 

Read more about going abroad.

Further study 

On successful completion of Financial Management, you can use your credits to complete a bachelor degree in finance and services, if you complete an extra course. You can study the top-up bachelor in International Sales and Marketing Management at IBA, with some supplementary courses.

Admission requirements

To be accepted to the programme, you must have an education equivalent to a Danish upper secondary education, or relevant vocational education is required. English and mathematics must be included.  

For more information about non-Danish entry qualifications, please visit the website of the Danish Ministry of Higher Education and Science.

Mathematics or Business Economics

Mathematics B-level or Business Economics B-level is required in order to apply for the AP Degree in Financial Management.

The Mathematics B-level is represented by 250 hours during the last three years of upper-secondary school (equivalent to the Danish B-level of a Danish upper-secondary examination).

The Business Economics B-level is represented by 225 hours during the last three years of upper-secondary school (equivalent to the Danish B-level of a Danish upper-secondary examination).

English language

Students from Denmark must have passed English at a level equivalent to a Danish Upper Secondary education B-level. The English B-level is represented by 210 hours during the last three years of upper-secondary school (equivalent to the Danish B-level of a Danish upper-secondary examination).

Students from all other countries must present a recognised international English test, with a result equivalent to or better than:

  • IELTS: 6.0
  • TOEFL Paper: 550
  • TOEFL Computer: 213
  • TOEFL Internet-based: 79 (minimum 19 in all sections)
  • Cambridge test: CAE A, B or C
  • Oxford Online Placement test: B2 (min. 70 in each part)

Excepted from the requirement of the English test are native English speakers and applicants holding Nordic entrance exams.

Application fee

As from the summer intake 2017, all non-EU citizens without a Danish permanent residence permit must pay an application fee of 750 DKK. IBA must receive the application fee before the application deadline, otherwise your application will not be evaluated. The application fee will not be deducted in any form, it is not a guarantee for admission and it is not refundable if the student is not admitted. 

The application fee must be paid online HERE.

Please send the payment receipt along with your signature page/application to apply@iba.dk.

Summer intake


In order to have the best chance of acceptance on to the chosen study programme, EU/EAA applications should be made no later than March 15 at 12:00 noon (Central European Time) for autumn intake. Applications made after that date will be considered subject to course availability.

International (non-EU/EAA) students requiring a visa must apply no later than March 15 at 12:00 noon (Central European Time).

Danish students must apply no later than July 5 at 12:00 noon (Central European Time).

See the admission process in detail.

Applicants without a Danish CPR number

Applicants who do not have a Danish CPR (civil registration number) will be required to provide an e-mail address in order to have their application profile registered. Once this is done, a direct link to the login page will be sent to the e-mail provided. With this login the applicant will be able to start the application process. The system will automatically create a temporary CPR for the applicant. The e-mail address and temporary CPR will be used to identify the applicant both within the application system and by the International Business Academy. Please do not change your e-mail address during the application process.

Applicants must submit the application form and upload all available enclosures on www.optagelse.dk before March 15 at 12:00 noon (Central European Time). Any enclosures not yet available (eg. English test, upper secondary diploma) may be uploaded up to July 5 at 12:00 noon when the application system closes. If you receive your upper secondary diploma after this date, please send to apply@iba.dk.

Signature page (VERY IMPORTANT!)

When the application is submitted, the applicant must use the special print icon to print the “signature page(s)” which contains a unique code.

The applicant must sign and send this signature page(s) to all the programme(s) she/he applies for. Without this signature page we will NOT be able to see, download and consider the application!

Signature pages to International Business Academy must be sent to apply@iba.dk. If the applicant applies via a recruiting agency, the name/stamp of the agency should be visible on the signature page. The signature page must be sent for all priorities.

Here is a complete guide to the application system.

Applicants with Danish CPR number

If the applicant already has a Danish CPR number, she/he must use this to log on to the application system instead of an e-mail address. The applicant will not receive the signature page and will not have to do anything after having submitted the application and enclosures.

You can find a complete guide to the application system (PDF).

Application checklist

Please make sure that you upload the following documents with your application:

  • Transcript of records (last 3-4 years from upper secondary school, copy of original and English translation)
  • Upper secondary diploma (if the applicant hasn’t graduated yet, the diploma can be uploaded/sent later).
  • Documentation for English language skills
  • Motivation letter 
  • References (if any)
  • Copy of passport
  • Verification form

Please do not upload documentation/diplomas that are not required!

All enclosures must be uploaded as soon as possible. The sooner we receive all documents, the sooner we can start considering the application. The application system will automatically inform us of any new uploads so applicants do not need to contact us about this.

Acceptance letters

Conditional acceptance letter
Students will receive Conditional acceptance letters shortly after the application deadline (March 15 for EU/EEA and non-EU students // July 5 for Danish students) and continuously afterwards.

Final acceptance letter
The final acceptance letter will be sent at the end of July, after we receive all diplomas/necessary documents.

Financial issues

Tuition fee
Danish, Nordic, EU and EEA students: Free of charge.

Other students: DKK 68,000 per year (DKK 34,000 per semester).

Students who are exchanged between IBA and other institutions where bilateral exchange agreements exist are exempt from paying study fees to IBA.

The programme is entitled to the Danish state education support (SU). Read more at www.su.dk.


  • Finn Sander
    Finn Sander
    Senior Lecturer
  • Helle Berg Melgaard
    Helle Berg Melgaard
    Programme Manager
  • Helle Næss-Schmidt Risdal
    Helle Næss-Schmidt Risdal
    Senior Lecturer
  • Henrik Semmelin Sønnichsen
    Henrik Semmelin Sønnichsen
    Senior Lecturer
  • Lars Brian Bach
    Lars Brian Bach
    Senior Lecturer
  • Lucy Caroline Gabrielsen
    Lucy Caroline Gabrielsen
    Senior Lecturer
  • Martin Vegge
    Martin Vegge
    Senior lecturer
  • Niels-Jørgen B. Madsen
    Niels-Jørgen B. Madsen
    Student councelor
  • Søren Bladt
    Søren Bladt
    Senior Lecturer
  • Jakob Graves Larsen
    Jakob Graves Larsen
    Senior Lecturer

Read more:


Otilia Barbuta - Moldova
- Studying in Denmark gave me a new and enlarged international vision and understanding. An international orientated education is so important in today’s globalized era.
Otilia Barbuta - Moldova
Financial Management student