Top Turkish Universities for Studying Financial Management and Accounting
What is Financial Management?
Financial management is the study of how to manage money and financial resources in businesses and organizations.
It involves financial planning, managing finances, investments, and assessing financial risks.
Overview of Financial Management
History of Financial Management in Turkey
The first school of commerce in Turkey was the School of Economics and Finance, established in 1883 during the Ottoman period.
In 1909, the first faculty of commercial sciences was opened in Istanbul.
After the establishment of the Turkish Republic in 1923, modern universities became more prevalent, including business schools covering fields like accounting, finance, marketing, and human resource management.
Number of Students Studying Financial Management in Turkey
The number of students pursuing financial management and accounting in Turkey ranges between 70,000 to 100,000 students.
Advantages of Studying Financial Management in Turkey
– Advanced and Comprehensive Programs: Turkish universities offer advanced financial management programs covering all aspects of the field, such as accounting, business administration, marketing, commercial law, and statistics.
These programs are designed to equip students with the practical knowledge and skills necessary for the job market.
– Bilingual Education: Many Turkish universities offer financial management programs in both Turkish and English, making it easier for international students to join and benefit from higher education without language barriers.
– Outstanding Academic Expertise: Turkish universities have faculty members who are experts in various fields of financial management, ensuring high-quality education and enabling students to learn from the best professionals.
– Extensive Internship Opportunities: Turkish universities provide diverse internship opportunities in companies and financial institutions, helping students gain practical experience and familiarize themselves with real work environments.
Is Studying Financial Management in Turkey Affordable?
Yes, studying accounting and finance in Turkey is relatively affordable.
Additionally, some universities offer scholarships and significant discounts for international students, making Turkey a financially attractive option for education.
For more details on study costs and required procedures, feel free to contact us at Alemni Shokran for a personalized consultation to determine the best university for you and the necessary steps.
Requirements for Studying Financial Management in Turkey
Bachelor’s Degree Requirements:
– High School Diploma: The student must have successfully completed high school and obtained a diploma.
Most Turkish universities require a minimum grade point average of 50%.
– Aptitude Test: Some universities require passing the Turkish (YÖS) or American (SAT) aptitude tests.
– Language Proficiency: Proof of proficiency in either Turkish or English, depending on the language of instruction. This may require passing language tests like IELTS or TOEFL.
– Required Documents: Essential documents include a passport, personal photos, a high school diploma, and translated and notarized transcripts.
Master’s Degree Requirements:
– Bachelor’s Degree: A bachelor’s degree in a related field such as finance, economics, or business administration is required.
– GPA: Some universities may require a minimum GPA or equivalent.
– Language Proficiency: International students must provide proof of proficiency in Turkish or English, depending on the language of instruction, which may involve taking a recognized language test.
– Graduate Admission Test: Some universities may require passing the GRE or GMAT.
– Required Documents: Applicants may need to submit recommendation letters, a statement of purpose, and a resume.
Duration of Financial Management Programs in Turkish Universities
Bachelor’s Degree Duration:
The bachelor’s degree in financial management and accounting in Turkey takes 4 years, divided into 8 semesters.
Master’s Degree Duration:
A master’s degree in financial management usually lasts between one and two years, with an option for a thesis or non-thesis track, depending on the student’s choice.
Job Opportunities for Financial Management Graduates
– Financial Analyst: Analyzes financial data and prepares reports and recommendations for organizations regarding potential investments.
– Financial Advisor: Helps individuals and companies with financial planning, wealth management, and investment strategies.
– Risk Analyst: Assesses potential financial risks and develops strategies to minimize those risks in banks, insurance companies, and financial institutions.
– Finance Manager: Oversees the financial activities of a company, including financial planning, budget management, and financial reporting.
– Corporate Finance Professional: Handles investments, project financing, and asset-liability management in large multinational companies.
– Credit Analyst: Evaluates loan applications and determines the creditworthiness of clients in banks and financial institutions.
– Investment Manager: Manages investment portfolios for clients and provides them with investment advice.
– Financial Planner: Helps individuals achieve their financial goals through comprehensive financial planning and investment management.
– Portfolio Manager: Manages investment portfolios on behalf of clients and makes decisions on investments based on financial goals.
Languages Available for Studying Financial Management in Turkey 
– Turkish: Most Turkish universities offer financial management programs in Turkish, including both public and private universities where Turkish is the main language of instruction.
– English: An increasing number of Turkish universities offer financial management programs in English, targeting international students and those seeking global job opportunities.
Universities such as Istanbul Aydın University and Kadir Has University offer programs in both English and Turkish.
List of Some Turkish Universities Offering Financial Management
– Istanbul Aydın University
– Gelişim University
– Atatürk University
– Selçuk University
– Kadir Has University
– Istanbul University
– Yeditepe University
– Özyeğin University
– Okan University
At Alemni Shokran, we work tirelessly to support our students and empower them to reach their full potential.
We provide a wide range of student services and create a comprehensive learning environment that offers real opportunities for excellence.
We are committed to the highest global quality standards to ensure our students have a unique educational experience that hones their skills and inspires their ambitions.
Get in touch with us to begin your journey of studying financial management in Turkey. Submit your documents now.