Business Psychology

The main educational goal of the program is to prepare experts with systematized knowledge of the key achievements of modern science in the field of business psychology and practical skills for in-depth and multi-layered research of business and psychology issues; to build professionals with the competencies necessary for conducting critical and original analyzes and carrying out management activities with a comprehensive understanding and application of the principles of business psychology in various business organizations.

Education format: Distance learning

Study duration: 1 year (2 semesters)

Language: Bulgarian

ECTS credits: 60 ECTS


The Master’s program in “Business Psychology” shares the priorities and reflects the strategic goals and tasks of IBS, related to educational and research activities. The program complies with the regulatory framework and requirements of NEAA for training in the Master’s degree program, with the Higher Education Act, the European Credit Transfer and Accumulation System (ECTS) and the regulations of IBS. The program is implemented and administered through developed educational documentation and curricula, aimed at acquiring knowledge and skills, and building personal and professional competencies, in accordance with the National Qualifications Framework of the Republic of Bulgaria, the European Qualifications Framework (EQF) and the Qualifications Framework in the European Higher Education Area (EHEA).

The “Business Psychology” program includes refined and practice-relevant modules of disciplines. They are selected in accordance with the modern national needs and European requirements in the field of business psychology, building on the students’ knowledge, logically presented and appropriately distributed in two semesters.

High-quality education is provided by highly qualified lecturers and specialists, which guarantees successful realization on the labor market of the graduates of the master’s program in accordance with the goals and mission of IBS to create competitive specialists at the international level. Interactive methods, combined with multimedia presentations, discussions, course projects, case studies, etc., are widely used in the learning process. We offer a supportive academic environment that tolerates equality. We provide opportunities for students to join teams to work on projects for scientific and practical research.

Compulsory courses

  • Fundamentals of Psychology
  • Leadership, Power, and Influence
  • Occupational and Organizational Psychology
  • Organizational Development and Change Management
  • Strategic Management and Human Resource Development in the Organization
  • Conflict Management and Mediation
  • Master’s Seminar

Elective courses

  • Intercultural Management/Management Consulting
  • Behavioral Economics/Psychology of Entrepreneurship

Facultative courses

  • Any course offered by other master’s programs

Master’s Thesis/State Exam


  • Management and business psychology, including the latest achievements in them;
  • The main socio-psychological processes in business organizations;
  • The specifics of psychological business consulting;
  • Decision-making and problem-solving strategies;
  • Intercultural management.


  • Conducting analysis and diagnostics of problems arising in business organizations and deriving solutions based on modern research by integrating knowledge from inter- and multidisciplinary fields;
  • Generating procedures for introducing innovations and managing behavior in the workplace;
  • Evaluation in conditions of unpredictability;
  • Reasoned decision-making in a complex situation of problems of a diverse nature.
  • Consultant in organizational development and people and business process management
  • Specialist/expert in business management and business psychology
  • Analytical specialist in European institutions and state institutions in Bulgaria (central and local)
  • Expert in career development and organizational change
  • Coordinator, expert and analyst of business programs and projects in international and national organizations, institutions and consortia, etc.

Successful graduates of the program receive a higher education diploma with a “Master” degree and a European diploma supplement, valid and recognized worldwide.

Successful graduates in MA program “Business Finance” can continue their studies in a PhD program.