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Campus of Varna University of Management, Top University in Europe

Varna University of Management (VUM)

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Varna University of Management (VUM) 1996

Varna (Bulgaria)

9000 Varna University of Management (VUM), 13A Oborishte str., Varna, Bulgaria

Tel. 00359 58 655 630

Year of establishment: 1996

Internationally orientated, VUM is a modern business school which offers a wide range of high standard academic programmes, including English-taught Bachelor's and Masters double degree programmes.

Varna University of Management (VUM) is a modern business school located in Bulgaria. It offers a wide range of programmes in Business and Marketing, IT, Tourism and Hospitality Management, Gastronomy and Culinary Arts. Bachelor’s and Master’s double-degree programmes are taught entirely in English and after graduation students receive both Bulgarian and British degrees from our partner, Cardiff Metropolitan University. VUM ranks high for its international orientation; that is why students from 40 countries come here to study. VUM cooperates with many universities in countries such as France, the Netherlands, Norway, and the UK. The staff and students of the university often participate in the international exchange programme, Erasmus+.

Varna University of Management has been awarded 3 Palmes of Excellence as an excellent business school for reinforcing international influence by Palmes for Eastern Europe. VUM also ranks 7th for 'International Orientation' among business schools in Central and Eastern Europe by Multirank. VUM is in the top 40 universities for General Performance among business schools in Central and Eastern Europe according to Multirank. Meanwhile, VUM's MBA programme was awarded the 'Best Master’s Degree in Eastern Europe' by Eduniversal.

Varna University of Management also supports scientific and research activities. Many students write articles and publish them in international periodicals. VUM is amongst the top 300 business schools in the world based on the number of publications made by VUM faculty and students on Social Science Research Network. Lecturers and professors assist students with research activities. Among teaching staff are prof. Michael Minkov, prof. Stanislav Ivanov and prof. Vesselin Blagoev who are famous for their publications and research works.

VUM makes practical experience a main priority - and students have many great opportunities to take internships that will help them to gain valuable experience. VUM maintains excellent connections with businesses and it is proud of its long-standing success of placing students with top employers in the US, France, Spain, the UK and many other countries. Varna University of Management offers all the necessary study facilities for students. The university has a library with more than 20,000 books and articles in the field of Marketing, Tourism, Management, IT, Gastronomy. The library provides access to several electronic databases including EBSCO, SCOPUS, ScienceDirect and many others. The classrooms and study groups are small, so that teachers are more able to give individual tuition. The university provides students with a dormitory. Every apartment has a separate bathroom, kitchen, gas heating and WiFi. VUM has a number of its own training companies, e.g. restaurants, a tour agency, an accounting agency) where students can get trainings and start their careers. For Gastronomy programmes, there is a fully equipped laboratory for sensory analysis, research of colour, smell and also cooking experiments.

HEI International Masters
HEI International Bachelors
Accounting and Finance Accounting and Finance
Business, Management and Marketing Business, Management and Marketing
Computer Science and Information Systems Computer Science and Information Systems
Hospitality, event management and tourism Hospitality, event management and tourism


VUM offers two postgraduate programmes – Master of Business Administration (MBA) with a Specialist pathway and Master of International Hospitality and Tourism Management. The programme are taught entirely in English and after graduation students get Master’s degrees from VUM and Cardiff Metropolitan University, UK. • MBA programme lasts 3 semesters (1 calendar year) and provides students with deep knowledge of global marketing, strategic management and other business related subjects. MBA degree provides great opportunities for career development and opens doors to managerial positions in many fields. MBA graduates work in the spheres of PR, advertising, marketing, sales and event management. • Master of International Hospitality and Tourism Management programme lasts 3 semesters (14 months). Students get knowledge in the field of hospitality and tourism industry. They also have a chance to take an internship that is compulsory for the programme in order to get a practical experience in the sphere of tourism. After graduation students start working in tourist organizations, hotels, travel agencies, hotels and governmental institutions that require knowledge of tourism management.


Bachelor’s programmes last 3 years. All programmes are taught in English. The students have access to all study facilities that the university offers. After graduation students get two Bachelor’s degrees – from VUM and Cardiff Metropolitan University, UK. Students also have to take two compulsory internships during summer. Internships can be offered in Bulgaria or abroad. There are such programmes in VUM as • Business Administration, • Marketing and Management, • International Finance and Trade; • Hospitality Management, • Marketing and Management of the Tourist Services; • Software Systems and Technologies, • Business Information Systems; • Gastronomy and Culinary Arts.


All students can apply for scholarships starting from the first semester. The size of scholarships will depend on the results of English language exams. Then the size of scholarships will depend on students’ academic achievements. Students can also apply for a scholarship covering part of accommodation fees. The size of scholarships can be from 200 till 1000 Euro per semester. Master’s students can get scholarships up to 500 Euro for the period of studying.

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