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Successful stories: Student exchange via Erasmus


I spent 5 months as exchange student within the Erasmus program at the Instituto Politécnico do Cávado e do Ave (IPCA) – Portugal, where I studied Financial Management.  

Current partners

Integrated Business Faculty (IBF) has continued the cooperation with most of its partners within Erasmus+. However, we also signed inter-institutional agreements with new partners. At the moment, IBF has inter-institutional agreements for students’ and staff’s mobility with the following institutions:

Institution Erasmus Code Country Link
University of Economics in Bratislava SK BRATISL03 Slovakia http://www.euba.sk/erasmus
Wroclaw University of Economics PL WROCLAW03 Poland http://www.ue.wroc.pl/international_cooperation/6730/erasmus.html
Instituto Politecnico Do Cavado E Do Ave P ARCOZEL01 Portugal http://www.ipca.pt/en/index.php?module=pagemaster&PAGE_user_op=view_page&PAGE_id=27&MMN_position=35:12
Ekonomikas un kultūras augstskola LV RIGA33 Latvia http://www.eka.edu.lv/content.php?parent=161&lng=lva
Vilniaus Universitetas, Kaunas Faculty of Humanities LT VILNIUS01 Lithuania http://www.khf.vu.lt/en/international-relations/erasmus-programme
Polytechnic of "Nikola Tesla" in Gospic HR GOSPIC01 Croatia http://www.velegs-nikolatesla.hr/vele/index.php/en

University of Ljubljana, Faculty of Administration  




International Business School





Celje School of Economics - Vocational College





Презентација на виртуелна компанија пред АППРМ


Студентите од втора година и оваа година ја спроведуваат интегрираната бизнис програма преку создадената виртуелна компанија. Своето лично искуство за тоа како работи бизнисот, неговата улога во обезбедување на вработеност и креирање на просперитет и конкурентноста, ја презентираа пред АППРМ.

Aпликација за ваучер за таблет уред


Почитувани студенти, Владата на Република Македонија започна со спроведување на активностите предвидени со Проектот за доделување на вредносни бонови - ваучери за набавување на таблет компјутери со надворешна тастатура за потребите на редовните студенти и студентите евидентирани како лица со посебни потреби.

Гостинско предавање на тема Глобалната финансиска архитектура и феноменот на сиромаштијата


На 17.03.2015 година д-р Ирена Андрееска, (Докторска дисертација од областа на економските науки), а Раководител на Самостојната дирекција за управување со мрежа на филијали на Комерцијална банка АД Скопје, одржа предавање на тема „Глобалната финансиска архитектура и феноменот на сиромаштијата“.

The implementation of the project “Innovative strategic partnership” has begun: The first meeting of the Project Consortium was held.

The kick-off meeting for the project “Innovative strategic partnership for European higher education” (ISPEHE) hosted by the Integrated Business Institute (IBI), as project coordinator, was held on 12th and 13th of March, 2015. Representatives from IBI and four distinguished European higher education institutions constituting the Project Consortium (University of Pavia -Italy, University of Ljubljana-Faculty of Administration-Slovenia, The University College of Economics and Riga Technical University of Riga from Latvia) took part at the meeting.

The purpose of the kick-off meeting was to outline accurately the upcoming activities of the project, their respective time-frames and the responsibilities for each partnering institution.  On the first day of the meeting, the budget, the planned project activities and the responsibilities of each partner were thoroughly discussed. On the second day, four documents, which were prepared specifically for the kick-off, were presented and discussed. The final version of these documents will be publicly available by 31st of March, on the official web-site of the project.

ISPEHE aims to contribute at improving the quality of studies by creating innovative methods for learning, which will be partially implemented in the curriculum of chosen subjects at all five institutions consisting the Project Consortium. Additionally, ISPEHE entails the creation of a consolidated Career Center, which will enable our students’ easier access to career opportunities and professional advice from experts in various fields and areas.

The ISPEHE project is financed and supported by the European Commission, under the Erasmus+Programme.


Call for papers for the Journal of sustainable development


The editorial board of the Journal of sustainable development announces a Call for papers for the 12th edition of the paper. 

IBF receives a certificate for "Best practices" under the Erasmus programme


The Integrated Business Faculty has been acknowledge for its work under the Erasmus programme with a certificate for "Best practices" from the National Agency for european educational programes and mobilities. The conference took place in hotel Aleksandar Palace on 3rd of February.

Useful information

Please find some useful information for the Erasmus+ programme at IBF:


Studying abroad lets you take in a new culture by seeing the world from a new perspective. You can learn so much about yourself and all the possibilities life has to offer. It a high "return on investment" and this applies not only to your future career perspectives. Moreover, you can build your language skills, meet a numerous people, expand your professional knowledge, and bring home a wealth of personal experience - both academic and personal.

This page is for all students who want to learn how to pursue their studies at the Integrated Business Faculty.


The Erasmus program is the largest and best-known student exchange program in Europe. Once you make the decision to study under this program at the Integrated Business Faculty, you should follow this procedure:

1.     First, you must contact your home university and sign-up for the Erasmus program. As soon as you are nominated, we will need to see the list of nominees from your home university with your personal data (Name, e-mail address, department, time period). Your home university must send us the list of nominees;

2.     Then you will receive an e-mail from us with your login details for the online application portal ("Mobility Online");

3.     You must contact your Erasmus coordinator for help in selecting your classes. Erasmus coordinators are responsible for the subject matter support;

4.     Online Application Deadline.

The online application process has to be completed until: 

-        May 15th for the winter semester

-        December 4th for the summer semester

5.     Further information when your application is done: Visa, Health Insurance & Housing. All information and assistance related to these issues will be provided by our Erasmus Coordinator.

Erasmus coordinator

Martin Kiselicki

Phone: +389 2 2402172

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it  



Information for Outgoing Students


Information for teaching staff


For additional information, please contact Martin Kiselicki, MSc., Erasmus coordinator at Integrated Business Faculty, at the following e-mail - This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Grading at IBF

Grading at Integrated Business Faculty (IBF)



Students can take exams starting from the first exam session after the lectures for the course have finished.

Exams can be taken in regular or additional exam sessions (please look at the Student Calendar for dates of the exam sessions).

In order to take exams for the courses from the second semester of an academic year, students have to have passed all the exams for the courses from the first semester of the same academic year.


The grading system is quantitative, meaning that the grade is expressed in quantitative measures.


For the full time students, the grades are formed based on the following:


-maximum 10 points for class attendance;

-maximum 10 points for class activities;

-maximum 40 points for the first part of the exam;

-maximum 40 points for the second part of the exam.


In order that the student is eligible to take the second part of the exam, she/he has to have at least 21 points from the first part of the exam.

If the student does not pass the exam in parts, then she/he can take the exam in the two following exam sessions, so that the total points that can be achieved are 80, plus 20 points from attendance and class activities. Starting from the third exam session, the total number of points that can be achieved from the exam is 100.

Part time students can take the exam for the first time in the first exam session after the lectures for that specific course have finished. The grade is based only on the results from the exam, without attendance or class activities.

The grading for both full time and part time students is quantitative with grades from 5 (five) to 10 (ten).


The grading system at IBF that is compatible to the ECTS grading is the following:


10 (A) – amounts 91–100 points,

9 (B) – amounts 81–90 points,

8 (C) – amounts 71–80 points,

7 (D) – amounts 61–70 points,

6 (E) – amounts 51–60 points,

5 (F,FX) – amounts 50 points or below.


If the student is not satisfied with the grade, she/he can appeal to the Director of IBF within 24 hours after the exam results have been published on the blackboard. The Director asks the course professor/lecturer to revise the grade within 3 working days.

If the student is not satisfied with the decision of the professor/lecturer, then a commission of three members is being constituted whose decision about the grade is final.


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