University of Finance, Business and Entrepreneurship Logo

University of Finance, Business and Entrepreneurship

Sofia, Bulgaria

"Per Aspera ad AstraThrough hardships to the stars"

VUZFВисшето училище по застраховане и финанси boasts a doctorate program and focuses on business administration, finance, and risk management for international students through Bulgaria. Established in 2002, it is accredited by both British Accreditation Council and National Evaluation and Accreditation Agency, offering tuition of €550-€1100 annually.

Est. 2002 For-profit Private 68%* Acceptance
9202
World Ranking
Global University Rank
Language Bulgarian;English

Basic Information

University Type
For-profit
Funding
Private
Highest Degree
Doctorate
Founded
2002
Acceptance Rate
68%*
Languages
Bulgarian;English
Last Updated
Updated on June 26, 2026
Accreditation
National Evaluation and Accreditation Agency (NEAA); British Accreditation Council (BAC)
Address
kv. "Ovcha kupel", ul. "Gusla" 1 Sofia, 1618 Bulgaria

Tuition Costs (Annual)

Bachelor's Degree
550-1,100 per annum (EUR)

Programs Offered

Business

Bachelor's

Business Administration E-Commerce International Business Marketing

Master's

Accounting Business Administration Leadership Management Marketing

Doctorate

Accounting Business Administration

Economics

Bachelor's

Finance

Master's

Banking Economics Finance Risk Management

Doctorate

Finance Risk Management

Psychology

Master's

Psychology

Public Administration

Master's

Welfare Services

About University of Finance, Business and Entrepreneurship

The VUZF – University of Finance and Business & Entrepreneurship in Sofia, Bulgaria stands as a prominent institution dedicated to fostering innovation within the region’s burgeoning business landscape. Established in 2002 by the Bulgarian Government, it's consistently ranked among the leading universities in Bulgaria with a focus on practical application through its rigorous programs. The university boasts a comprehensive curriculum encompassing key areas vital for sustainable economic growth—including Business Administration, E-commerce, Finance, International Business, Marketing and more.

VUZF provides specialized Master’s and Doctoral degrees across several core disciplines. The PhD program in Accounting, Finance, and Risk Management is particularly competitive and highly regarded, attracting considerable research interest from both national and international scholars. Alongside its strong academic offerings, the university actively embraces partnerships with industry leaders to ensure graduates are well-prepared for challenging employment opportunities. It's a fully-funded institution, secured through private investment and strategic partnerships – demonstrating a commitment to accessibility. The highest degree achievable is a PhD, enabling researchers to contribute substantially to advancements in their fields.

Located strategically within Sofia’s vibrant business district near the "Ovcha kupel," VUZF emphasizes practical training with an emphasis on real-world case studies. The university offers both undergraduate and graduate programs across a diverse range of specialties tailored to meet the evolving needs of modern industries. Its online learning platform provides flexible, accessible education, expanding its reach to students globally. With a commitment to attracting talented individuals and contributing positively to Bulgaria’s economic development through educational excellence, VUZF is poised for continued success as a leading institution of higher learning in the nation.

The university emphasizes creating an environment of collaboration with local businesses and industry experts, providing students with opportunities to gain practical experience. Through extensive interaction within the community this means that current and future graduates will have a strong edge when it comes to employment.

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