Mediterranean University

What Mediterranean University does

The Mediterranean University (Univerzitet "Mediteran") is a private higher-education institution headquartered in Podgorica, Montenegro, founded in 2006. It operates as a multi-faculty university with six faculties spanning Foreign Languages, Tourism, Economics and Business, Information Technologies, Visual Arts, and Law, serving domestic and international students at undergraduate, graduate, and doctoral levels. The institution delivers instruction through both on-campus formats and a Distance Learning System (DLS) for online studies, and offers ancillary services such as TOEFL testing for English-proficiency certification. The university holds accreditation from Montenegrin higher-education authorities, having been reaccredited in 2019.

Revenue is generated primarily through tuition fees, with pricing reset annually by the university's Management Board for each academic cycle, supplemented by income from standardized testing services. Student acquisition is driven by advertised intake periods for new academic years (e.g., 2026/27) and supported by a presence on Facebook, YouTube, and Instagram. Recent operational activity includes an Erasmus+ partnership signed with University Mercatorum Rome in June 2026, ongoing faculty research output (including a Faculty of Economics publication in May 2026), and continued faculty-level leadership such as Doc. dr Olena Lilova as Dean of the Faculty of Foreign Languages. No revenue, headcount, enrollment, or funding data is disclosed in the available sources.

Name

Mediterranean University

Legal name

Univerzitet "Mediteran" Podgorica

Website

http://fsj.unimediteran.net/index.php/mne/

Company type

Private

Founded year

2006

Operating status

Operating

Short description

Mediterranean University is a private multi-faculty higher-education institution in Podgorica, Montenegro, offering undergraduate, graduate, and doctoral programs across six faculties via on-campus and online (DLS) formats, funded primarily by tuition and testing fees.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Online International & Cross-Border Universities (Global/Transnational Providers) (EDAHALAL)

Keywords

• Higher education services
• Foreign language programs
• Academic degree programs
• E-learning platform
• Language testing services

Headquarters

HQ city

Podgorica

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tuition Fees (Školarina): Annual tuition fees charged for undergraduate, specialist, and master level studies across all faculties. Fee amounts determined by Management Board decision for each academic year.
2. Language Testing Services: TOEFL testing and certification services offered to students and external candidates

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mediterranean University is a private multi-faculty higher education institution offering undergraduate, specialist, and master's degree programs across six faculties: Foreign Languages, Tourism, Economics and Business, IT, Visual Arts, and Law. Programs are supported by a DLS (Distance Learning System) e-learning platform for online and distance learning. The university also provides TOEFL testing and certification services, and participates in international mobility programs such as Erasmus+.

Product overview

The University Mediterranean Podgorica operates as a multi-faculty institution with the Faculty of Foreign Languages (Fakultet za strane jezike) as one of its constituent faculties. The faculty offers a structured educational portfolio comprising undergraduate (osnovne studije), master's (master studije), and specialist (specijalističke studije) programs in foreign languages. Supporting these programs is the DLS (Distance Learning System) e-learning platform, which provides students with online access to course materials and distance education resources. The institution also facilitates TOEFL testing and participates in Erasmus+ mobility programs for international academic exchange.

Differentiator

Problem solved

Functional benefit

Brands

• Fakultet za strane jezike: Faculty of Foreign Languages - offers programs in foreign language learning, translation, and Anglo-American culture and literature

Products and services

• Faculty of Foreign Languages Programs (Fakultet za strane jezike)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• University Mercatorum RomecoreStrategic or Co-development Partner · 8 June 2026Erasmus+ staff mobility partnership with University Mercatorum in Rome, Italy. Representatives from Faculty of Foreign Languages (doc. dr Tamara Jovović and lecturer Milena Dragutinović) participated in mobility program from June 8-13, 2026.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• University of Donja Gorica (UDG): Montenegro's largest private university, headquartered in Podgorica; offers multi-faculty programs (business, IT, law, tourism, languages) and competes head-to-head for the same domestic student pool.
• International Burch University: Private multi-faculty university in Sarajevo, Bosnia and Herzegovina, with English-language programs across engineering, business, IT, and social sciences — directly comparable private multi-faculty model in the Western Balkans.
• South East European University (SEEU): Private university in Tetovo, North Macedonia offering multi-faculty programs (business, law, IT, languages) with a strong internationalization focus; comparable private multi-faculty Balkan peer.
• Epoka University: Private university in Tirana, Albania delivering undergraduate and graduate programs across business, IT, architecture, and languages; comparable private multi-disciplinary Balkans peer targeting regional students.
• European University Cyprus: Private university in Nicosia, Cyprus offering multi-faculty programs (business, law, IT, health, languages) with English-medium instruction and a Mediterranean positioning; comparable private multi-faculty model in the same broad regional cluster.

Broad incumbents

• University of Montenegro: Public flagship university in Podgorica offering the full spectrum of faculties (including foreign languages, IT, law, economics, tourism); anchors the local higher education market against which all private competitors price and position.
• University of Sarajevo: Major public university in Bosnia and Herzegovina with broad multi-faculty offerings; represents the established regional higher education incumbent against which private peers compete for talent and credibility.
• University of Pristina: Public flagship university in Kosovo offering multi-faculty programs across disciplines; regional public incumbent in the same Western Balkans cluster that anchors student expectations and competitor pricing.

Regional players

• Universum College: Private higher education institution in Pristina, Kosovo with multi-disciplinary programs; comparable private regional peer operating in a nearby Western Balkans market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=f-iZBkkym0A
• Facebookfacebook.com/univerzitetmediteranpodgorica
• Instagraminstagram.com/fsjmediteran
• LinkedInlinkedin.com/company/university-mediterranean-faculty-of-information-techology

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mediterranean University