Higher Education Institution

Varna University of Management

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Bulgaria
University

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    Details

    Introduction

    Name in English

    Varna University of Management

    Name in Local Language

    Висше училище по мениджмънт

    Abbreviation

    VUM

    Year Established

    1992

    Institution Type

    Private, Non-Profit

    Motto

    Developing Leaders since 1996

    Nickname

    None

    Colors

    Blue and Gray

    Mascot

    None

    Affiliation

    None

    Religious Affiliation

    None

    Setting

    Urban

    Location(s)

    Varna, Dobrich, Sofia; Bulgaria

    Campus Size

    Not Reported

    Nearest International Airport

    Varna International Airport (VAR)

    Climate

    Temperate; cold, damp winters; hot, dry summers

    Accessible for the Physically Disabled?

    No

    Types of Degrees Offered

    Bachelors Degree, Masters Degree, Doctoral Degree

    Principal Disciplinary Fields

    Business, Tourism

    Most Popular Programs

    International Business Management, Culinary Arts

    Curriculum

    British

    Language(s) of Instruction

    English

    Accreditation and Certification

    British Accreditation Council, Bulgarian Ministry of Education

    Number of Bachelor’s Degrees

    9

    Number of Masters Degrees

    2

    Number of Doctorate (PHD) Degrees

    1

    Duration of Study Programs

    3 Years for BA programs, 1 year (12 months for MA programs

    Prep Year Offered?

    Yes

    Academic Year Structure

    Two Semesters; Fall Semester from October to February, Spring Semester from February to June

    Online & Distance Learning

    No

    Instructional Time

    Daytime

    Academic & Exchange Partners

    187

    Double Degree Partners

    4

    Rankings

    • Top 40 Business Schools in Europe, according to U-Multirank
    • 13th Best MBA Program in Eastern Europe, according to Eduniversal

    Student Body

    Total Students

    1000

    International Students

    270

    Gender

    Co-ed

    Full Time – Part Time

    Full Time

    Undergraduate Students / Graduate Students

    800 / 200

    Average Student Age

    22

    Number of Countries Represented on Campus

    50

    Countries Most Often Represented

    Russia, Turkey, Ukraine, Nigeria

    Academic Staff

    100

    International Academic Staff

    40

    Student to Faculty Ratio

    10:1

    Average Class Size

    18

    Retention Rate

    98%

    Bachelors Graduation Rate (4 Years)

    95%

    Bachelors Graduation Rate (6 Years)

    99%

    Masters Graduation Rate

    100%

    Rate of Employment (Employed 6 Months 6 Months Post Study)

    92%

    Total Alumni

    Not Reported

    Admissions

    Intakes

    1 Intake, September

    Acceptance Rate

    70%

    Application Fee

    100 EUR

    Conditional Admission Available?

    Yes

    Language Requirements (IELTS, TOEFL etc.)

    • TOEFL IBT with score of min. 79 points
    • SAT over 1000 points from two sections
    • IELTS 6.0(or equivalent score from another testing system)
      Note: if there is no such certificate, the prospect student can hold an English language exam organized by VUM in-house or online. Note: upon an insufficient level or lack of English language skills, the prospect student can enrol in a preparatory English language course at VUM or opt for an additional language module.

    Admission Process

    1. Application Review
    2. Interview
    3. Provisional Acceptance
    4. Payment
    5. Student Visa
    6. Arrival and Registration

    Tuition & Fees & Scholarships

    Tuition & Fees

    • Bachelor Degrees : 1950 Euro per semester (3900 EURO per year)
    • Master Degree Programs: 4950 Euro for the entire program
    • Master of Business Administration (MBA): 5850 Euro for the entire program

    % of Students Receiving Scholarships

    60

    % of International Students Receiving Scholarships

    50

    Types of Scholarships for International Students

    Accomplishment Based

    Schools & Departments and Degrees

    Schools & Departments

    • School of Computer Sciences
    • School of Hospitality and Tourism Management
    • School of Business and Marketing

    Associate Degrees

    None

    Bachelors Degrees

    • Hospitality Management
    • Marketing and Management of Tourist Services
    • Marketing and Management
    • International Finance and Trade
    • Business Administration
    • Business Information Systems
    • Software System and Technologies
    • Gastronomy and Culinary Arts
    • Hospitality and Culinary Arts

    Masters Degrees

    • Master's of Business Administration (MBA)
    • Master's of International Hospitality and Tourism Management

    Doctorate (PHD) Degrees

    • PHD in Business Administration (in cooperation with Bulgarian National Academy of Sciences)

    Student Life

    Cost of Living (per month, without rent)

    400 USD

    Working while Studying?

    Yes, up to 20 hours per week

    International Student Services and Non-Teaching Facilities

    • Restaurant
    • Sports Hall
    • Library

    Types of Students Accommodation

    School Dormitory

    On-Campus Housing

    Yes, only for Varna Campus

    % of Students Living on Campus

    20%

    Typical Monthly Cost of Accommodation

    55 USD

    Campus Crime Rates

    None

    City Crime Rates

    Not Reported

    Country Crime Rates

    1.6 (56th Safest among 218)

    Security and Safety Services

    • CCTV
    • 7/24 Security Guard

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