University of Insurance and Finance (VUZF)

About the University

The Higher School of Insurance and Finance (VUZF), Sofia, is a leading private higher education institution in Bulgaria, specializing in the fields of business, economics, management, marketing and entrepreneurship. With its reputation as an innovative and proactive institution, VUZF is ranked in the top 3 of the best higher education institutions in Bulgaria in the field of "Economics" for 2023, according to the official Ranking System.

With accreditations from the National Agency for Assessment and Accreditation in Bulgaria and international organizations such as ACCA (Association of Chartered Certified Accountants), VUZF offers programs at bachelor's, master's and doctoral levels. Students have the opportunity to obtain a double degree in partnership with the Coburg University of Applied Sciences and Arts, Germany.

A distinctive feature of VUZF is its close cooperation with leading companies and organizations, which provides students with competitive advantages and successful implementation in the labor market. A high percentage of graduates find professional fulfillment. VUZF graduates are among the highest-paid economic specialists in Bulgaria, with a taxable income of 3,301 leva per month according to data from the National Social Security Institute for 2023.

VUZF's mission is to prepare highly qualified specialists who meet the modern requirements of the economy, while also developing academic knowledge in the field. The joining of world-renowned experts such as Prof. Richard Werner and Sir Graham Watson to the VUZF team is proof of the high international standard of education.

The university's modern approach to education ensures that the programs offered are up-to-date and adapted to the needs of business, establishing VUZF as one of the leading educational institutions in Bulgaria.

VUZF establishes and maintains partnership relationships with prestigious universities from all over the world. A number of agreements have been concluded for cooperation and joint activities, exchange of lecturers and joint organization of conferences and seminars, joint bachelor's and master's programs, participation in joint projects, etc.

VUZF offers its students to study remotely in the courses of the bachelor's program "Business Administration" of the Coburg University of Applied Sciences and Arts. In this way, they will receive a second diploma from the prestigious German university, in parallel with their Bulgarian diploma.

The training is carried out in English and includes various and modern disciplines such as the application of blockchain technologies in business, electronic human resource management, ERP systems and digital transformation, logistics and global trade, international marketing, supply chain management, global business, team management and leadership, strategic human resource management, etc.

Application is made after the first year only and it is mandatory for each candidate to have a new B2 in English and a certificate. They have a 135 euro administrative fee per semester and the last two semesters each have a 1000 euro tuition fee.

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