Varna University of Management

about-us

Varna University of Management, Bulgaria


Varna University of Management, BulgariaVarna University of Management is your gateway to fulfil your career aspirations. Is studying in Europe your dream? Well, it is time to translate your dreams into reality by securing an admission to Varna University of Management. Varna University of Management, previously known as International University College Albena, is one of the leading international business schools in Bulgaria. Every year, students from more than 40 countries come and acquire education in business and marketing, computer sciences, IT, tourism and hospitality management, and gastronomy and culinary arts. The university aims to educate tomorrow’s business visionaries. Having established a modern and state-of-the-art institute run by experienced and expert faculty members, the university stands first according to the International Orientation Criterion among all the business schools in Central and Eastern Europe by U-Multirank. The university was established in 1992, and since then it has bagged the title of the first private higher education institution to teach its subjects entirely in English. Varna University of Management (VUM) offers dual-degree courses to students. If you have the right talent, the university has a place for you.

Highlights of Varna University of Management


Total number of students
Total number of students: 800
Number of international students
Number of international students: 200
Total academic staff
Total academic staff: 74
Study Programs
Study Programs: 10 Bachelor's and 47 Master's
Total number of PhD students
Total number of PhD students – 204
Faculty-Student Ratio
Faculty-Student Ratio – 62.8

Facilities Available at Varna University of Management


Library

Library

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Sports complex

Sports complex

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High-tech laboratories

High-tech laboratories

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Recreational Clubs

Recreational Clubs

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Student welfare and service center

Student welfare and service center

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Hostels

Hostels

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Top Reasons you Should Study at VUM


Being a leading educational institute in Bulgaria, VUM offers 10 bachelor’s and 47 master’s courses for students coming from various cultures and regions. Let us tell you why you should choose Varna University of Management for your higher studies:

  • Varna University of Management is the first private business management school in Bulgaria, offering all of its courses in English.

  • The academic staff at VUM are knowledgeable and highly experienced. Along with theoretical lessons, students are offered academic programs that focus on practical application, such as industry internships and work placements.

  • The university offers plenty of career opportunities in Bulgaria and abroad, including in tourism and hospitality.

  • Students at Varna University of Management are encouraged to participate in various national and international research projects. VUM has been awarded a high rating for student participation in research by the Bulgarian University Ranking System.

  • The fees charged by VUM are affordable as compared to universities in other European regions.

  • Students at VUM have the liberty to spend one to two semesters abroad to participate in international exchanges. More than 400 European universities participate in such annual student exchange programs.

  • While the university offers unparalleled education and practical training, the university also enjoys its strategic seaside location. As a result, students can easily travel to Bulgaria, Romania, Turkey, and Greece.

  • Varna University of Management also offers scholarships to its deserving students.

Rankings


Varna University of Management has been recognized in Europe for educating future leaders. Here are some of the top rankings awarded to VUM:

  • Academic Ranking of World Universities (Shanghai ranking): Ranked in the top 300 for Hospitality and Tourism Management in 2022

  • EECA University Rankings: Ranked 241–250 in 2022

  • Tourism Management: VUM's MSc International Hospitality and Tourism Management (IHTM) program is ranked 12th worldwide

  • Eastern Europe: VUM's MBA program is ranked 4th for full-time MBA programs

  • No. 14 in the world Master programme in Tourism Management.

  • No. 3 Eastern Europe full-time MBA Programme.

  • No. 12 for Master's Program in International Hospitality and Tourism Management for Eastern Europe

Scholarships Available at VUM


Varna University of Management believes it is offering a chance to every deserving student. Regardless of the financial status of any student, the university approves admission to all talented students from around the world. It takes an effort to provide every needy student with financial aid to support their educational dreams. Here are some scholarships you can apply for at VUMe:

  • The new applicants are eligible for a scholarship up to €250. Students can avail scholarships after undergoing a motivational interview at VUM and pass an English language exam at the university scoring more than 80%.•Newly enrolled students are also eligible to apply for scholarships offered by the partner organizations of up to €250 to €1000 for the first academic year. Only those students can avail the scholarships who have acquired English language certificates from IELTS, TOEFL, or PTE, or have scored well in state matriculation English exam.

Eligibility Criteria


Securing an admission in Varna University of Management is easy but every student must pass through the eligibility criteria set by the university. Here is what you need to know about it:

  • To get your admission approval from VUM, it is essential to submit your English Proficiency test scores. The minimum marks to be secured in English tests are:

TOEFL 80-90
IELTS 6+
PTE 59

If you cannot submit your test scores, you should attend a 10-months language preparatory course in English or Bulgaria, depending upon the course chosen.

  • Undergraduate requirements include a secondary education certificate with minimum marks of 62%.

  • Graduate requirements include a bachelor’s degree from a recognized university with an outstanding performance.

  • Students must be 18 years old to apply for any course at the university.

  • You must submit a copy of your valid passport.

Admission Process


To apply to VUM for any of its bachelor’s or master’s course, here is a simple process you can follow:

  • Search for your desired program at the university.

  • The application forms are available at the university site, so download and fill it out with your accurate details.

  • Gather the documents required to be submitted along with the application form. Our consultants will assist you through the process.

  • The university will send you approval letter upon your selection.

  • You must attach the approval letter along with your visa application.

  • Anigdha will help you through every step.

Documents Required


Here are the supplementary documents you must submit along with your application forms:

  • Academic Records

  • Entrance Exam Certificates

  • English Proficiency Scores

  • Health Certificates

  • Proof of Income

  • Letter of Recommendation

  • Valid passport

  • Passport size photographs

Language Requirements


The common spoken languages in Bulgaria are English, Bulgarian, and Russian. As far as Varna University of Management is concerned, all the courses are taught in English language only. Thus, it is very easy for any international students to get acclimatized with the educational framework and training at VUM. International students must produce their English Proficiency Test scores to secure admission in the university. VUM accepts scores of IELTS, TOEFL, and PTE. The scores on the TOEFL should be 80 or higher. The scores on IELTS should be 6 or higher.

Fee Structure


VUM is the first private university in Bulgaria to teach students in English language. Despite being a private institute, it has kept its fees affordable. Here is the break-up.

Name of the Program Fees
Tuition fee bachelor’s programme*with English language training 1500 € per semester for EU and EEA citizens 1950 € per semester for non EU and EEA citizens
Tuition fee bachelor’s programme in BA (with pathways) *with English language trainingyear 1 750 € per semester for EU and EEA citizens 1500 € per semester for non EU and EEA citizens
Tuition fee bachelor’s programme in BA (with pathways) *with English language trainingyear 2, 3, 4 1500 € per semester for EU and EEA citizens 1950 € per semester for non EU and EEA citizens
Tuition fee MBA programme*for semesters 1, 2 and 3 1500 € per semester for EU and EEA citizens 1950 € per semester for non EU and EEA citizens

Campus life at the Technical University of Varna


Students at Varna University of Management live a great life. Right from taking lessons from learned and experienced academic staff to participating in various sports and recreational events, you will live a dream life at VUM. In Bulgaria, VUM is recognized for its international student body and faculty. It welcomes students from more than 40 countries every year to learn and make a name for themselves. The alumni of VUM say that the campus of VUM is like family to them. Students stay together, learn together, and create long-lasting connections with each other. They share notes, meals, parties, and football matches. VUM has a functional student welfare and service center where students are guided through their medical and dental problems, opening a local bank account, and obtaining a visa for internships. It offers comfortable housing to students, and it has a sprawling library loaded with modern educational resources. Students can develop their physical, mental, and intellectual abilities by participating in various activities happening at the university.

Accreditations


Varna University of Management is an educational academy offering different courses to students coming from more than 40 countries. The university is accredited by the Bulgarian National Evaluation and Accreditation Agency. The university is receiving intense support from Erasmus+ for the period of 2021–2027, where the university’s already-set course of modernization will be followed and it will further work on the internationalization agenda for the benefit of all academic community members.

Placements and jobs


Varna University of Management has a dedicated career center where students get all the information they need about paid internships and placement opportunities after completing the course. The alumni of VUM have added their positive experiences about the paid internships they could attend with the support of the university. The university keeps the career development center updated with all the information and opportunities for their students. Students from different departments can connect with the placement officer, who is always ready to lend a hand.

Accommodation / Hostel Facilities


Students at VUM enjoy a comfortable life on campus. The university has developed a modern and state-of-the-art hostel facility for students. Students must apply for a stay in the hostel while filling out the application form. The university has 2-bed or 3-bed facilities available, and the dorm is located on the top floor of the university building. Students can stay in well-furnished rooms with private bathrooms and high-speed wi-fi. Additionally, the Student Welfare and Dormitory Departments offer full support to the students. To apply for in-house accommodation, you can fill out the accommodation form available on the university website.

Cost of Living


One of the most concerning areas for students applying to higher studies in Bulgaria is the cost of living. Bulgaria is an affordable country as compared to other European nations. Here is a breakdown of the monthly expenses you may incur:

  • Food – 100 – 150 EUR

  • Living – 60 – 400 EUR

  • Travel – 35 EUR (monthly pass)

  • Utilities – 100 EUR

  • Health Insurance – 100 EUR

  • Miscellaneous expenses (depending on the lifestyle needs)

Deadline/Intake


The admission intake for VUM happens before June. The term for bachelor’s starts twice in a year – February and September. It is an opportunity for international students, in case they miss starting their term in February, they can start from September without wasting their year. For master’s the learning process begins either in October or February.

FAQs


What kind of courses are offered at VUM?

 

Varna University of Management is one of the top business schools in Bulgaria. It offers all kinds of management courses, starting from business management and gastronomy to hospitality and culinary arts.

Is the admissions process at VUM easy?

 

Yes, VUM follows an easy admission process. Students only need to fulfill their eligibility criteria set by the university. Find more with Anigdha.

Is the accommodation university-funded?

 

No, students must apply for hostels or accommodations separately. The accommodation form is available on the website.

What is the common language of instructions at Varna University of Management?

 

VUM is the first private institute to teach its students in the English language.

Are the scores of IELTS and TOEFL sufficient to secure admission?

 

Yes, the scores of IELTS and TOEFL are accepted at VUM. The minimum mark to be secured in IELTS is 7, and for TOEFL, it is 80.

Are scholarships available at VUM?

 

Yes, students can grab many scholarships at the start of the course and, correspondingly, after every year of study. You can find more information on the website.

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