University of National and World Economy

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Study at the University of National and World Economy

The University of National and World Economy is one of the oldest and most prestigious higher education institutions in Southeastern Europe when it comes to fields like Economics and Business. It is located in the capital city of Bulgaria and the internationally recognized Bachelor’s and Master’s degrees that people obtain at the university keep attracting more and more applicants every year. In the following, we have included detailed information about admission to the University of National and World Economy as well as about life in Sofia – this way all future students will be able to learn more about the university and will know what to expect when moving to study abroad in Bulgaria.

About the university

The University of National and World Economy is one of the oldest universities in Bulgaria and Southeastern Europe – it was founded more than 100 years ago! Nowadays, it has 8 different faculties which cover the following fields: General Economics, Finance and Accountancy, Management and Administration, Economics of Infrastructure, International Economics and Politics, Applied Informatics and Statistics, Business, Law. Furthermore, since Bulgaria is part of the European Union, students at the University of National and World Economy graduate with a diploma that is recognized abroad.

The University of National and World Economy is located in the capital city of Bulgaria, Sofia. Hence, it is a great destination if you want to live in an international city where you can meet students from all over the world. Also, Sofia hosts many international events that will make your stay in Bulgaria unforgettable! Last but not least, there is a big international airport so you can often fly back home or visit other destinations around the world.

The University of National and World Economy is located in the so-called “students neighbourhood” in Sofia (“Studentski grad”). This is where most dormitories and Bulgarian universities are, for instance, Technical University Sofia, University of Forestry, National Sports Academy. Right across the university, you will see Studentski park as well as many bus stations that connect the neighbourhood to different parts of Sofia. “Studentski grad” neighbourhood has everything you will ever need, but if you want to go to the city centre – the bus ride would take you only about 30 minutes and it costs 1.60 BGN (0.80 EUR)!

Study programs & Tuition fees

The University of National and World Economy offers many Bachelor study programs in English. They include Finance and Accountancy, International Economic Relations, Marketing and Strategic Planning, Economics, Business Informatics and Communications, Business Economics and Management. Bachelor study programs in Bulgaria take four years.

There are also many Master study programmes in English that you can choose from if you decide to apply for admission to the University of National and World Economy. Some of them include Economy of Defense and Security, Digital Marketing, Finance and Accounting. Students also have a chance to study abroad at one of the UNWE’s partner universities. Master’s degrees take between one and two years.

The annual tuition fees for a Bachelor program at the University of National and World Economy are 3800 EUR, whereas for Master’s degrees – 4000 EUR. Students who have double citizenship one of which is Bulgarian take advantage of a 50% discount on the tuition fees.

Application & Entry requirements

If you wish to apply at the University of National and World Economy, you must submit several application documents, such as a copy of your high-school diploma and passport pictures. Depending on the study program you choose, you may have to submit an English language certificate. The team of Inter HECS offers full application and relocation services so that you do not worry about missing the admission deadline! Take advantage of our free academic consultation by reaching out to our admission team!

Student life & Living costs

International students never hesitate to choose the capital city of Bulgaria as their study abroad destination! Firstly, travelling to Sofia is quite convenient – Sofia Airport is the biggest airport in Bulgaria. Secondly, it is indeed the capital city that offers a variety of interesting and fun leisure activities. Here you will find many parks, shopping malls, sports facilities as well as museums and galleries to keep you busy. Furthermore, Vitosha mountain is nearby – in less than 30 minutes by car you can reach the suburbs of Sofia and go for a hike with your friends!

Life in Sofia is relatively cheap when compared to living expenses in other European countries. Most students pay around 300 EUR per month for rent and a one-way ticket for public transportation is 1.60 BGN (0.80 EUR). A taxi ride from the University of National and World Economy to the city centre (around 20 minutes) costs around 8 EUR. Eating out is also quite affordable – street food in Bulgaria is very common and you can easily grab takeaway lunch for about 2-3 EUR.

Student accommodation

The University of National and World Economy has a student dormitory located close to the university. The rent is about 50 EUR a month. Keep in mind that if you choose to live in the student dormitory, you will have to share a room with another student.

You might be interested in renting an apartment in Sofia. Of course, this is possible – usually, most people use the services of an estate agent. It is important to work with a trustworthy estate agent who will help you find a suitable apartment and prepare your rental agreement. The rent of a modern one-bedroom apartment near the University of National and World Economy is about 300 EUR per month.

About the city

Sofia is the biggest city in Bulgaria and is undoubtedly one of the most interesting places to live in. There are many museums, galleries, shopping malls and parks where students like to spend their free time. Some of the most famous sightseeing places include the National Palace of Culture, Alexander Nevski Cathedral and the National Theatre. Of course, walking along the main pedestrian street – Vitosha Str., is simply a must, especially in summer when all restaurants in the area are full of people.

Sofia as a city is quite safe – students like to go out in the evening and meet up with their friends in the city centre. People of all religions are also welcome – there are many churches as well as a mosque right next to one of the main metro stations, Serdika station.

Last but not least, Sofia is the most international city in Bulgaria – the high number of universities as well as foreigners who study or work in Bulgaria have made the capital city an international hub where you can meet people from all around the world! Locals also speak English, so do not worry about experiencing a language barrier. Of course, international restaurants in Sofia are a great place to enjoy lunch or dinner with friends – the affordable prices as well as the various cuisines (yes, here you can try dishes from Greece, Turkey, Italy, Ireland, Germany, India, Thailand and many more countries!) make it hard for students to stay at home!

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