VUZF University is a private educational institution. It was founded by Resolution of the National Assembly dated 25.07.2002 (Prom. In the "State Newspaper" issue 75/02.08.2002) and it is educating students in Bachelor's and Master's degree in majors from the professional field "Economics", as well as PhD students in accredited PhD programs. In some of the Master's degree programs, joint or supporting training of students is carried in partnership with specific business organizations.
VUZF University received institutional accreditation from the Accreditation Committee of National Evaluation and Accreditation Agency - NEAA, by Protocol № 11/27.03.2008 and program accreditation for the "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 Committee of NEAA for a period of six years, by Protocol № 9/08.05.2014. In June 2020 the institutional accreditation was extended for a period of five years from the Accreditation Committee of NEAA, by Protocol № 6/11.06.2020.
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.
In 2017, VUZF received a second international accreditation from the BRITISH ACCREDITATION COUNCIL, which is a member of the European Association for Quality Assurance in Higher Education (ENQA), for the maximum period of four years.
Mission and educational philosophy
- to prepare highly qualified specialists with higher education in the field of economics, equating to the best examples and practices in educational work in the countries of Europe and the world, and applying modern methods of theoretical and practical training of students and their adaptation in practice;
- to develop economic and financial science in accordance with the needs of the modern practice and to increase its competitiveness by prioritizing innovation and joint research with leading universities and research institutes in Europe and worldwide in order to support the forming of the economic and financial policy of Bulgaria and the European Union.
The main strategic goal of the higher school is to provide high quality of its activities and to ensure the establishment of high morality in the students, teachers, and employees of the school. In order to achieve this goal, the higher school has set specific strategic targets and tasks for the development of the educational activity, scientific research activities, material-technical and information base and the staffing.