Economics Department

AUBG Team Wins Local CFA Institute Research Challenge 2022

AUBG students Elena Kalinova, Jose Emilio Valverde Dominguez, Kaloyan Ivanov, Katrin Dyulgerova, and Stanislav Todorov have won the CFA Institute Research Challenge 2022. As part of the competition, they had to evaluate a company and offer a forecast for its future. This year, the students dived into the world of Allterco, a Bulgarian company that delivers innovation through designing, producing and distributing high quality IoT products in over 100 markets. The team analyzed Allterco’s business model and finances.

AUBG student Mihaela Kafedzhiyska Takes Part in Prestigious FTxBocconi Talent Challenge

AUBG student Mihaela Kafedzhiyska was among the 200 talented individuals selected from across the world to participate in the prestigious FTxBocconi Talent Challenge 2022. The 22-year-old graduating senior, who majors in Business Administration and Economics and minors in French Language at AUBG, first learned about the competition from an email.

BVCA and AUBG Launch a Course on Venture Capital and Private Equity

We are republishing Forbes editor Rumen Sokolov's article on the new course at AUBG. The article was originally published in Bulgarian.

Marketing Students Created Proposals for the Museum in Blagoevgrad

Over 100 students from five marketing courses worked on strategies to promote the Regional Historical Museum in Blagoevgrad. The final project for each of the courses required students to apply the knowledge gained throughout the semester and prepare proposals on initiatives, campaigns and solutions for the modernization of the local museum and its engagement with new audiences.

Change the world with the No.1 economics program

AUBG’s economics program has been repeatedly ranked as the best economics program in Bulgaria. It is likely the best in southeastern Europe. It’s been recognized by the Ministry of Education not only for its academic caliber, but also its ability to develop its graduates into outstanding professionals who then take leading positions in government, business, the NGO sector and academia.

More than half the Economics Department’s graduates go on to pursue advanced degrees at world-renowned universities such as Yale, Cornell, London School of Economics; our other graduates embark on exciting careers across all continents.

On one level the program sharpens quantitative skills for policy issues but it also fosters open-mindedness, creative and logical thinking, with flexible vision while retaining empathy with others. Our students take an active role in research and also deal with real-life examples. They also venture further afield on field trips to research centers and leading companies in the region. A student run club, Freakonomics, aims to bring distinguished experts to campus who shed new light on pressing economic concerns.

The major in Economics trains students not only for advanced education in graduate and professional schools, but also prepares students for immediate entry into business and government careers where economic insight and analytical ability are valued. While there are no formal sub-fields in this major, students can study three broad topics: macroeconomics, microeconomics and econometrics (empirical (data) analysis).

The minor in Economics provides students from other majors the analytical tools and background necessary to bring economic reasoning to bear upon social or business problems examined within those other majors.

Did you know that:

AUBG students and faculty have participated in the prestigious annual economics conference Carroll Round at Georgetown University, held in Washington D.C., United States, every year since 2009.
Freakonomics is a student-run initiative that aims to address pressing economic issues by bringing distinguished speakers to campus.
Economics students and faculty present individual and group scholarly work at the annual Faculty-Students Research Conference.
Economics majors have the opportunity to discuss pressing economic issues with experts at specially organized forums.
Students have the opportunity to go on field trips to research centers, such as Bulgaria’s Institute for Market Economics, and leading companies in the region.
Almost a third of economics graduates complete a senior thesis.
A fifth of AUBG students graduate with an economics major.