university_vawrna_1  Varna University of Economics was established as Bulgaria’s first Higher School of Commerce following the industrial and cultural boom at the turn of the 20th century and the ever growing need for business training. Varna was enjoying huge economic development and had already gained full recognition as a major commercial hub.

In 1911 Varna Chamber of Commerce and Industry management started planning the establishment of the Higher School of Commerce, whose launch was voted on 14 May 1920 at the Chamber’s 25thsession. This date is considered the onset of Bulgaria’s higher economic education. Sofia University, this country’s first university, had already been founded but did not offer any business education.

   The management of the Higher School was entrusted to a Supreme School Council. In the autumn of 1921 classes were inaugurated with the blessing of Simeon, the Bishop of Varna, and the ceremony was attended by King Boris, members of Varna Chamber of Commerce and Industry, public officers and the general public.

The first Rector of the Higher School of Commerce was Prof. Tsani Kaliandzhiev, the School’s founder. He was born in Liaskovets in 1866 and went to school in Varna. He studied technical chemistry in Moscow’s Imperial School and graduated from the University of Zurich. He lived in the USA for five years working there as a chemist in a chemical factory. He returned to Bulgaria in 1896 to teach chemistry at Svishtov School of Commerce. He was a chemist at the Ministry of Commerce and the Public Health Care Department. He also taught at the private school of commerce in Sofia. In 1904 Varna Chamber of Commerce and Industry invited Tsani Kaliandzhiev to help establish a local higher school of commerce.

   In 1914 Tsani Kaliandzhiev pursued the opening of a higher school of commerce and the construction of its building. He was commissioned by the Chamber of Commerce to research European academic traditions and recruit faculty members.  He was appointed Rector and he was granted the position of adjunct professor.  Upon completion of his thesis, Tsani Kaliandzhiev was appointed professor of commodity science. He was Rector of the Higher School of Commerce until 1933. Though most of his work was devoted to chemistry, commodity science, economic development and commerce, he also carried out research on general and professional education.  Prior to his death on 28 March 1944, he bequeathed funds to the Higher School of Commerce to pursue his dream of establishing think tanks on economic research.

The first regulations and the first curricula of the Higher School of Commerce followed the ground-breaking example set by Berlin Higher School of Commerce, considered the most modern European school at the time. Regulations stipulated that the school objective was to train teachers for secondary schools of commerce and offer post-graduate studies to accounting auditors. Until 1936 the university trained economists to work as accountants, and financial and trade specialists.  Then two majors were established – private and national economics – and they existed until 1949.

   Following the tradition of most European schools of economics, the Higher School of Commerce  offered two years of training until 1925, from 1925 to 1937 it provided three years of education, and after 1937 students enjoyed four years of training.

 Over the years the Alma Mater of Varna has changed its name a number of times.  Until 1938 it was called Higher School of Commerce, often referred to as the Academy of Commerce.  From 1938 to 1945 it was Higher School of Economic and Social Sciences; from 1945 to 1953 it was called St. Cyril of Bulgaria State University of Varna.  From 1953 to 1963 it was called Higher Institute of National Economy.  From 1963 to 1990 this Institute was named after Dimitar Blagoev.  In 1990 the business school was renamed Varna University of Economics, following a decision of its Academic Council, confirmed by National Parliament decision in 1995.

A significant influence over the development and the prospects of University of Economics – Varna have its rich educational facilities, the two study buildings, the large number of lecture and seminar halls, the modern student dormitories and refectories, the library featuring over 350 thousand volumes, the well-equipped computer rooms, the University Publishing House, the covered sports complex, the academic rowing centre and many others.

The most valuable capital of the University are its staff. Throughout its significant 80 years of existence, over 50 thousand higher education degree holders, eminent scientists, entrepreneurs, public figures and politicians have graduated the University of Economics. We can note with a sense of pride that our students are among the best and in great demand and they have been successful both in this country and abroad.
All major subjects have been accredited, University of Economics – Varna has been awarded the status of an accredited institution. This shows that the University guarantees a high level of higher education, it is adequate to the most progressive trends in the area of science and education.

All this requires that in the following years we all – lecturers, students and administrative personnel – direct our efforts towards the creation of an institution, which would be integrated into the global context, adapted to the rhythm of contemporary life, to the characteristic features of the region and the country itself.

Faculties and Departments
Faculty of Finance and Accounting

  • Accounting
  • Finance
  • General Economic Theory
  • Legal Studies

Faculty of Economics

  • Economics and Management of Construction
  • Economics and Management of Industry
  • Economics and Management of Commerce
  • Commodities Science
  • Economics of Agriculture

Faculty of Informatics

  • Informatics
  • Statistics
  • Mathematical Sciences
  • Physical Education and Sport

Faculty of Management

  • Management
  • Marketing
  • Economics and Organization of Tourism
  • International Economic Relations
  • Philosophical Sciences

Application documents

Non-Eu Citizens : 

1. Secondary School Diploma.

2. Diploma Supplement.  In case there is no grading scale attached to the diploma, candidates have to present an official document with the grading system description.

3. Medical Reference. The document should be issued no earlier than one month prior to submitting the application documents to UE-Varna.

4. An official document issued by an accredited body certifying the applicant’s right to pursue their studies at higher education institutions in the country where secondary education was obtained. This document might be issued by the secondary school the applicant graduated from. It must contain the following text: “The education received gives right to the applicant to continue his/her studies in higher education institutions in …………. (Country of the school).” Download form: here.

5. Copy of passport/ID card.

6. Application form.

7. Two passport photos (dimensions: 4.5/3.5 cm).

Documents specified in points 1, 2, 3 and 4 must be:

  • Notary certified copies;
  • Certified in accordance with the international requirements:
    • for countries that have a mutual legal assistance agreement with Bulgaria concerning  certification of documents, the agreement requirements shall apply;
    • for member countries under the Hague Convention, documents are certified with Apostille stamps;
    • for all other countries, documents must be certified by the Ministry of Education (and/or Ministry of Healthcare), Ministry of Foreign Affairs in the applicant’s country of residence and by the Embassy of the Republic of Bulgaria in the respected country;
  • Translated in Bulgarian language with legalized translation. Many of the Bulgarian Embassies offer legalized translation services. In case the translation is made in Bulgaria, it is necessary to send the translated documents for certification of the translator’s signature to the Bulgarian Ministry of Foreign Affairs.

EU / EEA APPLICANTS : 

1. Secondary School Diploma.

2. Diploma Supplement. In case there is no grading scale attached to the diploma, candidates have to present an official document with the grading system description.

3. A certificate from the Regional Inspectorate of Education (only in case the diploma is issued by a secondary school outside Bulgaria)

4. English language certificates (only for the programmes taught in English language and only if the applicant possess any certificate)

5. Copy of ID or passport

6. Application form.

In case the applicant has graduated a secondary school outside Bulgaria, documents specified in points 1 and 2 must be:

  • Notary certified copies;
  • Certified in accordance with the international requirements:
    • for countries that have a mutual legal assistance agreement with Bulgaria concerning  certification of documents, the agreement requirements shall apply;
    • for member countries under the Hague Convention, documents are certified with Apostille stamps;
  • Translated in Bulgarian language with legalized translation. Many of the Bulgarian Embassies offer legalized translation services. In case the translation is made in Bulgaria, it is necessary to send the translated documents for certification of the translator’s signature to the Bulgarian Ministry of Foreign Affairs.

Admission criteria of University of Economics Varna : 

 Non-EU Citizens :
The admission of foreign students from non-EU and non-EEA states is determined based on the applicant’s documents.

The applicant must meet the following requirements:

1. The grades in Mathematics plus one optional subject on their secondary school diploma must be higher than 62% of the maximum grade according to the grading scale in the country where secondary school diploma was obtained.

For example:   Average grade in Mathematics: 60/100

                        Average grade in Geography: 70/100

Average grade in Mathematics and Geography: 65/100

2. The application documents must be submitted by September 30th of the respective year.

3. For International Business and Business Economics majors, the applicant must verify his/her English language proficiency by:

  • Presenting an internationally recognized certificate confirming B2 or higher level of language proficiency according to the Common European Language Framework or by
  • Passing an exam at UE-Varna.

*This condition does not apply for applicants from countries where English is an official language.

4. For International Tourism and Tourism Management majors delivered in Russian, the applicant must verify his/her Russian language proficiency by:

  • Presenting an internationally recognized certificate confirming B2 or higher level of language proficiency according to the Common European Language Framework or by
  • Passing an exam at UE-Varna.

*This condition does not apply for applicants from countries where Russian is an official language.

EU / EEA APPLICANTS :

EU and EEA applicants take part in the selection procedure applied to Bulgarian citizens and can be enrolled for studies subsidized by the Bulgarian government or for paid studies. In both cases if the secondary school diploma is issued by an institution outside Bulgaria it must be recognized by the Regional Inspectorate of Education. Applicants who doesn’t have a good command of Bulgarian/English language but would like to study in a programme thought in Bulgarian/English, they can first join the 9-months preparatory course in Bulgarian/English language.

For all programmes taught in Bulgarian language the applicant will take part in the selection procedure with the following secondary school results:

1. The average secondary school grade

2. The grade of Bulgarian Language and Literature from the secondary school diploma. In case such grade is missing, the applicant must sit an exam corresponding to the matriculation exam in Bulgarian Language and Literature organized by the Regional Inspectorate of Education or sit a language exam at UE-Varna.

3. The grade of Mathematics from the secondary school diploma.

4. The grade of one optional matriculation exam form the secondary school diploma or the grade of an admission exam organized by UE-Varna. In case such a grade is missing the grade of Mathematics from point 3 must be doubled.  

For all programmes taught in English/Russian language the applicant will take part in the selection procedure with the following secondary school results:

1. The average secondary school grade

2. The grade of Bulgarian Language and Literature from the secondary school diploma. In case the diploma is issued by an institution outside Bulgaria and such grade is missing, then the grade from the secondary school diploma of the official language of the country is taken.

3. The grade of Mathematics from the secondary school diploma.

4. The grade of one optional matriculation exam form the secondary school diploma or the grade of an admission exam organized by UE-Varna. In case such a grade is missing the grade of Mathematics from point 3 must be doubled. 

For all programmes taught in English/Russian language the applicant must certify his/her knowledge of English language by one of the following means:

1. The grade of a matriculation exam on English/Russian language from the secondary school diploma (min. Very good 5,00);

2. An internationally recognized certificate confirming B2 or higher level of language proficiency according to the Common European Language Framework

3. Passing an exam at UE-Varna.

Tuition fees for University of Economics Varna : 

Non-Eu Citizens : 

Preparatory course in Bulgarian language – 1250 EUR/semester (2 semesters)
Preparatory course in English language – 1250 EUR/semester (2 semesters)

Entry language exam (Bulgarian, English, Russian) – 150 EUR
Diploma verification – 103 EUR
Admission fee – 103 EUR

Bachelor degree – 1250 EUR/semester (8 semesters)
Master degree – 1500 EUR/semester (2 or 4 semesters)
Doctoral degree – 3500 EUR/year (3 or 4 years)

Joint Master Programme International Business and Management 
1st and 2nd semester – 1500 EUR/semester
3rd semester – 2860 GBP
4th semester – 250 EUR

Students of dual citizenship, one of which is Bulgarian, pay 50% of tuition fees

EU / EEA STUDENTS : 

Studies subsidized by the Bulgarian government

Professional bachelor’s degree –  220 BGN/semester (6 semesters)
Bachelor degree in Bulgarian language (Economics, Tourism and Administration fields) – 220 BGN/semester (8 semesters)
Bachelor degree in English/Russian language (Economics and Tourism fields) – 231 BGN/semester (8 semesters)
Bachelor degree in Bulgarian language (Computer Science field) – 450 BGN/semester (8 semesters)

Master degree (Economics, Tourism and Administration fields) – 231 BGN/semester (2 semesters)
Master degree in English language (Economics and Tourism fields) – 231 BGN/semester (2 semesters)
Master degree (Computer Science field) – 500 BGN/semester (2 semesters)

Doctoral degree (Economics, Tourism and Administration fields) – 800 BGN/year (3 or 4 years)
Doctoral degree (Computer Science field) – 1400 BGN/year (3 or 4 years)

Paid studies

Preparatory course in Bulgarian language – 1250 EUR/semester (2 semesters)
Preparatory course in English language – 1250 EUR/semester (2 semesters)

Bachelor degree in Bulgarian language (Economics, Tourism and Administration fields) – 580 BGN/semester (8 semesters)
Bachelor degree in English/Russian language (Economics and Tourism fields) – 1000 BGN/semester (8 semesters)
Bachelor degree in Bulgarian language (Computer Science field) – 900 BGN/semester (8 semesters)

Master degree, the same as Bachelor major – 650 BGN/semester (2 semesters)
Master degree (Administration field) – 850 BGN/semester (2 semesters)
Master degree, different than the Bachelor field – 850 BGN/semester (4 semesters)
Master degree, after Professional Bachelor degree – 850 BGN/semester (4 semesters)
Master degree in English language – 900 BGN/semester (2 semesters)

Joint Master Programme International Business and Management 
1st and 2nd semester – 1800 BGN/semester
3rd semester – 2860 GBP
4th semester – 250 BGN

Doctoral degree
Full-time 6300 BGN/year (3 years)
Part-time 5040 BGN /year (4 years)

Application fees:

Professional Bachelor degree – 50 BGN
Bachelor degree – 50 BGN
Master degree – 50 BGN
Doctoral degree – 100 BGN (studies subsidized by the Bulgarian government)
Doctoral degree – 840 BGN (paid studies)

Other administrative fees:

Defense of doctoral degree thesis – 3240 BGN (paid studies)
Diploma verification (for Master and Doctoral degree applicants) – 200 BGN