Varna University of Management (VUM – former International University College – Albena) is an international business school located in Europe, Bulgaria. Students from over 40 countries receive excellent education in Business and Marketing, IT, Computer Sciences, Tourism and Hospitality Management and Gastronomy and Culinary Arts.
By joining Varna University of Management, Bulgaria, you are about to engage in the greatest intellectual adventure you could possibly imagine. You will find that VUM is a university of the 21st century; we educate tomorrow’s business visionaries. With diverse student body and students from over 40 countries, Varna University of Management ranks 1st according to the International Orientation Criterion among business schools in Central and Eastern Europe by U-Multirank.
VUM started 20 years ago as a college of tourism and gradually evolved into an accredited university with wider emphasis on management. Today VUM offers Bachelor’s and Master’s double-degree programmes, taught entirely in English, in cooperation with universities in countries such as the UK, Switzerland, France, Norway, the Netherlands. Curricula are aligned with the partnering institutions and students have to meet up the same high standards in examinations. They graduate with degrees from both the partnering universities and VUM.
Establishing VUM as a leading innovative university of an entrepreneurial type, well recognizable in Bulgaria and worldwide, which on the basis of relevant scientific research, publications and trainings, prepares successful persons and professionals, through whom it contributes to the development of a business environment in Bulgaria and the building of a knowledge based society.
VUM is committed
• To provide quality and adequate to the needs of the business and the modern society education by applying a clear interdisciplinary approach, innovative teaching methods and focus on the entrepreneurial skills of students;
• to create liberal environment for development of science and applied research, encouraging creativity and entrepreneurial spirit;
• to be an active partner to the business and the civil society, aiming transfer of innovations and development of social entrepreneurship.
In all its activities, VUM’s academic society will defend the following principles and values:
• striving for quality and ambition for success;
• ethics and mutual respect;
• social responsibility and sustainability.
VUM’s reputation for scientific achievements around the world also continues to grow. VUM is known as the Bulgarian university with the highest number of publications and references within social sciences according to Social Science Research Network (SSRN).
Varna University of Management is also recognized for its reinforcing international influence by the Palme of Excellence Classification for Eastern Europe. Its reach extends into the European industry through a large number of high-profile connections including partnerships with leading companies in the fields of Software Development, Business Process Outsourcing, Marketing, Finance, etc. It also extends across the globe through powerful partnerships with the following international universities: Cardiff Metropolitan University and University College of Birmingham, United Kingdom; Stenden University of Applied Sciences, the Netherlands; Business and Hotel Management School, Switzerland and numerous collaborative efforts with more than 1 renowned universities elsewhere in Europe, as well as in Asia and South America.
Varna University of Management is also a member of AACSB International—The Association to Advance Collegiate Schools of Business. AACSB International is a membership association of educational institutions, business, not-for-profit, and government organizations devoted to the advancement of higher education in business. Membership does not imply accreditation.
The university ranks high for student internships and international orientation on a European level, and ranks as the number one Bulgarian business school according to prestigious educational rankings such as U-multirank, Best-masters, Eduniversal. VUM maintains excellent relationships with businesses and can boast of a long-standing success in providing its students with opportunities for work placement experience with top employers within the USA, UK, France, Germany, Spain, Italy, and many more.