Varna University of Management

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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, yo...u 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 (Varna University of Management) has been developing leaders since 1996. It was a groundbreaking project that started in 1992, supported by the Dutch Government.
The establishment of VUM dates back to 1992 - “the rise of democracy“ when VUM was founded as Bulgarian-Dutch Institute of Management. VUM was the first private higher education institution to teach its subjects entirely in English language and to offer joint degrees. It was also the first higher education isntitution in Bulgaria to apply unique teaching methods like PBL (problem-based learning), CBL (case-based learning) and Interactive learning.
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.