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University of National and World Economy Opens New Academic Year in Presence of PM, Eurostat Director-General

University of National and World Economy Opens New Academic Year in Presence of PM, Eurostat Director-General


The University of National and World Economy (UNWE) in Sofia has embarked on a new academic year, a notable event attended by key figures, including Prime Minister Rosen Zhelyazkov and Eurostat Director General Mariana Kotzeva. The occasion signaled not just the beginning of classes but also underscored UNWE’s pivotal role in shaping economic education and research in Bulgaria and Europe.

The event was marked by remarks from UNWE’s Rector, Prof. Dimitar Dimitrov, who proudly proclaimed that the university ranks as one of the leading institutions in Europe, specifically claiming the 80th spot in Eastern Europe and 506th in the broader QS World University Rankings. Impressively, UNWE is the only economics-focused university in Bulgaria to be included in these prestigious rankings. This recognition is vital as it places the institution on an international framework, enhancing its appeal to potential students and stakeholders.

UNWE has recently concluded a highly successful admissions campaign, achieving an all-time high with over 8,000 applicants and admitting more than 4,000 new students. This influx reflects the university’s growing reputation and its commitment to academic excellence. Furthermore, UNWE has been actively strengthening its collaborations with Bulgarian economic and language high schools, ensuring a solid foundation for future students.

The university is also a participant in the European ENGAGE.EU initiative, collaborating with eight leading European business universities. This initiative offers dual master’s programs that provide students with international diplomas, thus boosting their employability on a global scale. Additionally, UNWE plays a crucial role in national economic initiatives, such as the euro adoption campaign, in association with the Bulgarian National Bank.

As a digital-forward institution, UNWE offers over 22 digital services, reinforcing its commitment to modern education. With the introduction of an Institute for Artificial Intelligence in Economics on the horizon, UNWE is poised to be at the forefront of blending technology with economic education. The university is also championing sustainability initiatives, highlighted by the establishment of Bulgaria’s first photovoltaic park within a university.

Another strong aspect of UNWE is its partnerships with top companies and financial institutions that allow students to gain valuable internships and practical experience. The university is proud of its extensive list of distinguished alumni, including 12 prime ministers and over 200 ministers, showcasing its historical significance and impact on Bulgarian society.

During his address, Prime Minister Zhelyazkov emphasized the importance of education in today’s changing world. He articulated the government’s commitment to supporting higher education and the value of economic studies in shaping the future workforce.

Mariana Kotzeva, in her speech, praised UNWE not just as a center of knowledge, but as a transformative platform that molds future leaders—business executives, scholars, and public figures. She impressed upon students the importance of developing skills tailored toward navigating the complexities of the modern economy, particularly in the realm of artificial intelligence. Kotzeva underscored the importance of human attributes, which algorithms cannot replicate, thus emphasizing the ongoing need for education centered around critical thinking and problem-solving.

The university has had a historical significance since its establishment in 1920 as the Free University of Political and Economic Sciences and has since evolved to meet the changing educational and economic landscape. The founders envisioned a place of learning that would equip future leaders with the skills necessary to navigate and contribute to society effectively.

Looking ahead, in the 2024/25 academic year, Bulgaria is seeing an increase in the number of foreign students enrolled in its universities, reaching almost 17,000. This growth indicates not only the rising international interest in Bulgarian educational institutions but also highlights the country’s potential as a viable option for higher education in Europe.

Additionally, partnerships with institutions like the Bulgarian News Agency (BTA) have led to opportunities for continuous collaboration, ensuring that students benefit from real-world experiences and are better prepared for their future careers.

Overall, the new academic year at UNWE embodies an exciting intersection of opportunity, innovation, and tradition. As the world continues to evolve with technological advancements and global challenges, universities like UNWE are not only adapting but are also leading the charge in preparing the next generation for the complexities ahead. By fostering partnerships, enhancing educational programs, and committing to sustainability, UNWE sets a benchmark for other institutions while equipping its students to contribute positively to both Bulgaria and the wider European landscape.

This commitment to the future of education and the economy reaffirms UNWE’s position as a cornerstone of higher education in Bulgaria and a beacon of progress in the realm of economics. It serves as a reaffirmation that the true essence of a university goes beyond merely imparting knowledge; it is about cultivating leaders who will navigate a complex world skillfully and ethically.

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