About VUZF


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VUZF University is the first private university specialized in the area of finance, insurance and social insurance, management and marketing. The university was founded by Resolution of the National Assembly dated 25.07.2002 (Prom. In the “State Newspaper” issue 75/02.08.2002) for the training of students in a Bachelor degree economic specialization and opens its doors to its first students at the beginning of the 2002/2003 academic year. 

VUZF University received institutional accreditation from the Accreditation commettee of National Evaluation and Accreditation Agency – NEAA, by Protocol № 11/27.03.2008 and program accreditation for "Economics" professional field from the Standing Committee on Economic Sciences and Management with NEAA, by Protocol № 103/09.06.2009, for the period of six years.
In May 2014 the institutional accreditation was extended from the Accreditation commettee of NEAA for the period of six years, by Protocol № 9/08.05.2014.

The university has incorporated an educational system of the quality management of training and research, which has been certified by "Moody International" in accordance with the international quality standard ISO 9001:2000. In 2007 VUZF received an expanded Erasmus University Charter, which allows students to learn or practice in universities and institutions in member countries of the European Union (EU) and the European Economic Area.

In 2013 VUZF University received International Higher Education Accreditation by the British Accreditation Council (BAC) for the maximum period of 4 years. This proves that the educational programmes in The VUZF University cover the standards for higher education in the UK. The BAC accreditation verifies that in VUZF teaching and educational process as a whole are of very high standard. 

In April 2016 VUZF received program accreditation for the professional field "Economics" from the Standing Committee on Economic Sciences and Management with the National Evaluation and Accreditation Agency – NEAA, by Protocol № 6/23.03.2016, for the period of six years. 
Also in April 2016, the university received program accreditation for the following doctoral programs: "Finance, insurance and social insurance" and "Accounting, control and analysis" from "Economics" professional field for the period of five years, from the Standing Committee on Economic Sciences and Management with NEAA, by Protocol № 6/23.03.2016.

Mission and educational philosophy

VUZF’s  mission is to prepare highly qualified specialists in economics and to develop economic science in accordance with the needs of the contemporary practice. The academic policy of the university is aimed at implementing the best educational practices in Europe and the world. Its main purpose is to provide high quality studies and career success of students by maintaining a very good cooperation with the business community. About 90 per cent of the graduates start work in the field of the acquired major in banks, insurance, social insurance or commercial companies. To help its students VUZF provides free consultancy services relating to training in various majors, as well as opportunities for professional and personal development.

VUZF University offers high level training, commensurate with the leading universities in Europe. Evidence and one of the main priorities in the development policy of VUZF is the implementation of cooperation with foreign universities within different bachelor, master and post-graduate programs, as well as the grant of innovative and flexible forms training methods.

Lecturers have an important contribution for the high quality studies. The faculty members are among the most outstanding scientists, with extensive training and practical experience, being current or former heads of state institutions.

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