Study Program


The IMQF program is a one-year Master degree program taught at the Faculty of Economics, University of Belgrade. The instruction commences in late October and lasts approximately 12 months including the breaks periods. The language of instruction is English. Classes are taught in evening hours during the work week, and, occasionally, in morning hours during weekends. Thus, employed people can (and do) normally participate.

To complete the program one needs to obtain a minimum of 60 ECTS credits. Each course carries 5 ECTS credits. A minimum of 45 ECTS credits needs to be obtained through completing the coursework. In addition, each candidate needs to write and defend a Master thesis (in English). Completion of the Master thesis carries 15 ECTS credits. The IMQF program is accredited by the National Accreditation Commission of the Republic of Serbia and is in full accordance with the Bologna Declaration. It is recognized by educational institutions and employers in Europe, the US and around the globe.

The curriculum incorporates more than 80 per cent of the CBOK Body of Knowledge required by the CFA Institute for candidates taking the CFA exams (Levels I to III). In addition, our program provides thorough preparation for the globally recognized risk management certification exams PRM and FRM . The IMQF graduates who have, over the years, taken these exams have done exceptionally well on them.

The IMQF program is well balanced in terms of male-female participation. Over the years, women made up slightly more than 50 per cent of all participants. This is quite unique for a program of this type and is something that we are very proud of. The program is open to people of all races, nationalities, sexual orientations, and political views.