The University of Finance, Business, and Entrepreneurship (VUZF) is a private higher education institution in Bulgaria, established in 2002. It offers Bachelor’s and Master’s degree programs in English, welcomes Erasmus+ students, and collaborates with prestigious companies in Economics and Banking. These strong partnerships, combined with a modern university campus, provide students with hands-on learning experiences and internship opportunities during their studies.
Location and Student Life in Sofia VUZF is situated in Ovcha Kupel, a well-connected neighborhood in Sofia. Public transportation options make it easy to navigate the city—for example, Tram 5 offers a direct connection to the city center in under 30 minutes.
Since most Bulgarian universities are located in Sofia, students have the chance to build a strong social network and make international friends. The city's multicultural atmosphere, affordable living costs, and variety of leisure activities ensure that every international student can enjoy an enriching experience while studying in Bulgaria!
Sofia, Bulgaria
Business Administration
€2000
Not Available
Yes
€850/month
The University of Finance, Business, and Entrepreneurship (VUZF) offers Bachelor’s and Master’s degree programs designed to prepare students for successful careers in business, finance, marketing, and technology. The programs emphasize practical training, industry partnerships, and specialized knowledge, ensuring that graduates are well-equipped for the modern job market.
The Business Management and Marketing program provides students with a strong foundation in key areas such as business management, marketing, sales, advertising, finance, and investment management. The curriculum highlights the connection between marketing and financial performance, emphasizing the importance of brand communication, value creation, and business success. Students also gain insights into budgeting, financial planning, and consumer psychology, which are essential for making informed business decisions.
Graduates develop skills in financial flow management, enabling them to oversee business operations and investment strategies. They acquire expertise in marketing and sales, learning how to create successful campaigns and effectively present products. The program also focuses on business etiquette and presentation skills, essential for professional success. Career opportunities include roles in advertising, marketing, financial management, and consultancy, as well as entrepreneurial ventures.
The International Banking and Finance program equips students with knowledge of banking operations, corporate finance, and global financial services. It covers critical areas such as bank asset management, capital and risk strategies, and financial product development. Students learn how banking influences economic stability and development, gaining insights into cash flow management and financial market regulations.
Graduates are prepared for careers as financial analysts, consultants, and managers in corporate, governmental, and international institutions. The program also provides the necessary skills for individuals looking to establish and manage their own financial businesses.
The Business Software and ERP Platforms program, developed in partnership with ERP Academy, is tailored for professionals working in IT, consulting, finance, retail, and production. It is particularly beneficial for those aiming for leadership roles in business software and enterprise resource planning (ERP) systems.
The program is ideal for professionals looking to advance in IT management, finance, consulting, and operations. Students gain expertise in data analysis, business process optimization, and ERP system implementation, which are essential for managing modern business operations. Career prospects include roles in ERP and IT management, financial consultancy, and business strategy development.
VUZF stands out for its strong industry connections, modern facilities, and hands-on learning approach. Through partnerships with leading companies in economics, banking, and technology, students benefit from practical internships and real-world experience. The university also offers opportunities for international study through the Erasmus+ program, allowing students to gain global exposure and expand their professional networks. With a focus on career readiness, VUZF ensures that graduates are fully prepared for success in the fast-paced business world.
No matter what your hobbies are, Sofia has something for everyone! The city is full of green parks, perfect for biking, jogging, or relaxing outdoors. Just 15 minutes from the university by car, Vitosha Mountain offers scenic hiking trails, making it an ideal escape for nature lovers.
For those who enjoy socializing, Sofia’s vibrant dining scene includes a variety of international restaurants, while modern shopping malls like Paradise Mall and The Mall are popular spots for students to shop, dine, and unwind. Sports enthusiasts can also take advantage of the many sports facilities spread across the city, providing great opportunities to stay active and meet like-minded people.
The University of Finance, Business, and Entrepreneurship (VUZF) offers Business Management and Marketing as both a Bachelor’s and Master’s degree program. The curriculum covers essential subjects such as Economics, Brand Management, Psychology, and Advertising, providing students with a comprehensive understanding of modern business strategies.
The Bachelor’s program spans 8 semesters (4 years), equipping students with a strong foundation in business operations, marketing techniques, and financial management. The Master’s program can be completed in 2 or 3 semesters (1 to 1.5 years), depending on the student’s educational background.
Tuition fees are 1,500 EUR per semester, payable to the university’s bank account. This program is designed to prepare graduates for successful careers in marketing, management, and business development, ensuring they gain both theoretical knowledge and practical skills for the competitive global market.
The tuition fee for VUZF for Business administration in English language is €2000.
Tuition fees are paid in two installments— the first installment of 50% is due in September and the second is paid at the beginning of February each year.
Compared to many other countries, studying Business administration Bulgaria is an affordable option, offering high-quality education at a lower cost.
You can rent a private apartment in Sofia. The rental prices varies between €300 up to €500 per month depending the size of the apartment the level of furniture and the location of the apartment. Of course, our agencies going to take full care of your accommodation so please do not worry about this.
Living expenses for Sofia, Bulgaria varies depending on the amount of money that each person requires per month
Usually one Student needs between €500 up to €800 per month including transportation costs, food expenses, restaurants etc.
If you wish to apply to VUZF University, you will need to complete an application form, submit the required documents, and, depending on your chosen program, possibly pass an entrance exam.
At iGeneration, we offer expert guidance throughout the entire application process, ensuring that all requirements are met for a smooth and successful admission. If you need assistance, don’t hesitate to reach out to our admissions team – we’re here to help!
Applying to VUZF University involves completing various application requirements and navigating legal formalities such as document translation, notarization, and legalization. Failing to meet these criteria can result in application rejection.
However, you don’t have to go through this process alone! Our team of admissions specialists, highly regarded across Europe, is here to streamline your application, handling all legal and administrative aspects to ensure everything is completed correctly. With in-depth knowledge of VUZF’s admission procedures, we help you maximize your chances of acceptance at this prestigious institution.
Additionally, we provide high-quality study materials and expert guidance to help you excel in any required entrance exams. By choosing our support, you can eliminate the stress of applying abroad and focus entirely on preparing for your studies at VUZF University.
The entrance test is carried out at the university itself. There, our students who currently study at the faculty will meet you. They will support you and advise you on the best practices for success while studying Business administration abroad at University of Finance, Business and Entrepreneurship.
Contact us now and learn about all the ways we can make your admission easier.
Applicants must submit the following documents:
All documents, including the diploma, transcript must be translated to Bulgarian language and legalised according to official regulations.
Additional Requirements
Following these guidelines ensures a smooth application process and compliance with university requirements.
For all prospect students who wants to study Business administration – there is no entrance test.
The application deadline is is 30th of August 2025.
English certificate is required.
The certificate that each student receives after he successfully graduates is internationally recognised so there is no need for any further examinations. Each student can continue working all around the world.
The entire course is taught in English. There is no requirement or need to study Bulgarian language.
Transferring to VUZF University from another institution is possible, and we are here to assist you throughout the process. In addition to supporting first-year admissions, we also help students transfer from other universities to continue their education at VUZF. Our team provides guidance on credit recognition, required documentation, and administrative procedures, ensuring a smooth transition to your new academic journey.
The University of Finance, Business and Entrepreneurship has been accredited by the National Evaluation and Accreditation Agency.
Students at VUZF University have the option to stay at the university hotel, located near the campus at 46 Lyublyana Str. The rent includes all utility bills, providing a convenient and hassle-free living arrangement. Additionally, parents of enrolled students can also book a room when visiting.
Many students prefer to rent private or shared accommodation in Sofia, where rent typically ranges between 250 and 400 EUR per month, depending on factors such as location, apartment size, and number of tenants. Bills are usually not included in the rent.
To ensure a smooth rental experience, we recommend finding an English-speaking landlord for easy communication. As part of our services, we assist students with apartment hunting, helping them find suitable accommodation during their stay in Sofia.
The University of Finance, Business, and Entrepreneurship (VUZF) fosters a diverse and international academic environment, welcoming students from various backgrounds. With programs available in multiple languages and participation in the Erasmus+ exchange program, VUZF provides an excellent opportunity for students to experience global education while studying in Bulgaria.
Student life at VUZF is dynamic and engaging, with various student organizations and events taking place throughout the year. The university emphasizes practical learning, offering internships and extracurricular activities that enhance both professional and personal development.
Sofia offers an affordable and vibrant student lifestyle, combining historical landmarks, cultural attractions, and stunning natural landscapes. Just 15 minutes from the university by car, Vitosha Mountain provides scenic hiking trails and winter sports opportunities, making it a favorite spot for nature lovers.
The city is well-connected, allowing students to travel easily within Bulgaria. Sofia’s bus and train networks provide access to traditional villages, the Black Sea coast, and breathtaking mountain regions. Additionally, Sofia Airport, the largest in Bulgaria, makes it convenient to visit family or travel abroad.
Sofia is significantly more affordable than Western Europe, making it an ideal city for students.
Sofia caters to a variety of hobbies and interests. The city has numerous parks for biking and outdoor activities, while shopping malls like Paradise Mall and The Mall offer great dining and entertainment options. Sports facilities are available in every neighborhood, allowing students to stay active and connect with like-minded individuals. Whether you enjoy nature, sports, dining, or cultural activities, Sofia provides an exciting and enriching student experience.
VUZF University is located in Sofia, offering excellent accessibility from all parts of the city. Whether you’re coming from the city center or the outskirts, public transport and taxi services make it easy to reach the campus.
Public Transport:
Taxi Services:
For a faster and more direct option, taxis are widely available throughout Sofia. To avoid overcharging, it’s recommended to book a taxi through a mobile app or by phone. Reliable taxi companies include:
Make sure the taxi driver uses a taximeter to ensure fair pricing.
Other Useful Information:
For more information about study programs, faculties, and admission procedures, visit the official website of VUZF University.
Sofia offers a diverse shopping experience, catering to every taste and budget. Whether you’re seeking international brands, unique local finds, or simply a pleasant stroll through vibrant streets, Sofia has something to offer.
Malls: A Shopper’s Paradise
Malls are a popular choice for shopping in Sofia, providing a wide array of stores, dining options, and entertainment under one roof. Here are some of the notable malls:
Shopping Streets and Centers: A Taste of Local Flair
In addition to malls, Sofia has several shopping streets and centers where you can discover unique boutiques and local shops:
Chain Stores: Familiar Favorites
Many international and Bulgarian chain stores have a presence in Sofia, offering a wide variety of products:
Beyond the Usual:
Sofia also offers unique shopping experiences beyond the typical malls and chain stores. You can explore souvenir markets, antique shops, and stores selling handcrafted goods.
Enjoy your shopping experience in Sofia!
Sofia offers a diverse range of entertainment options, catering to every taste and interest. From historical landmarks and cultural events to a lively nightlife and opportunities for outdoor recreation, there’s always something to do in Sofia.
Cultural Landmarks: A Journey Through Time
Sofia is a city with a rich history and culture, reflected in its many landmarks worth visiting:
Theaters and Concert Halls: A Feast for the Arts
Sofia has numerous theaters and concert halls where you can enjoy various performances and concerts:
Cinemas: Catching the Latest Blockbusters
Sofia has many cinemas where you can watch the latest movies:
Nightlife: When the Sun Goes Down
Sofia offers a vibrant nightlife with numerous bars, clubs, and discos:
Outdoor Recreation: Embracing Nature’s Beauty
Sofia is surrounded by beautiful nature, offering opportunities for recreation and walks:
Other Entertainment Options: Exploring Further
In addition to the above, Sofia has many other entertainment options, such as:
Sofia offers a diverse and dynamic dining and nightlife scene that can satisfy even the most discerning palates. From traditional Bulgarian restaurants to modern establishments serving international cuisine, and from cozy bars to bustling discos, Sofia has something for everyone.
Restaurants:
Sofia has a wide selection of restaurants offering various types of cuisine:
Bars:
Sofia offers a variety of bars where you can enjoy different types of drinks:
Clubs and Discos:
Sofia offers a vibrant nightlife with many clubs and discos where you can dance and have fun:
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