Stefan Tsvetkov: “AUBG Is the Perfect Place for a Young Person to Study”

Ever since its founding, the American University in Bulgaria has been committed to helping build a better future for Bulgaria and the region, and to nurturing the most ambitious and most capable of students. It has done so by providing high-quality liberal arts education at the bachelor’s level that prepares students for exciting professional and academic careers. Thanks to the generous posthumous donation of Bulgarian philanthropist Anna Tchaprachikoff, AUBG has now gone a step further in its efforts to cultivate the region’s intellectual potential: Bulgarian AUBG graduates can now compete for scholarships administered by the University to do their graduate studies at top U.S. institutions. 

The Tchaprachikoff scholarship fund was created through the estate of Anna Tchaprachikoff, valued at around $5 million. Tchaprachikoff was a patriotic Bulgarian who believed that education is the best investment in the future, and that the best way to help Bulgaria develop is to provide its youth with the best educational opportunities. True to her beliefs, Tchaprachikoff stipulated that talented AUBG graduates should receive financial support in their pursuit of master’s degrees at the most renowned universities in the United States, such as Harvard, Princeton, Yale, Stanford, Brown, and Columbia University, among others.

This year AUBG granted Tchaprachikoff scholarships to three students: Stefan Tsvetkov, who will start his studies at Columbia University in the fall of 2009; Mila Todorova, who was admitted to the Johnson School at Cornell University; and Lyuba Stevasarova, who will pursue her graduate studies at Duke University’s Fuqua School of Business.

Stefan received the scholarship after he was accepted at the Ivy League school. This year Columbia ranks eighth among a listing of 4,000 top US universities. Stefan, who graduated in May 2009, majored in Mathematics and Economics at AUBG. In the fall of 2009 he will begin his Master of Science in Financial Engineering at Columbia University. Stefan is also a candidate to become a chartered financial analyst (CFA).

“This scholarship improved my chances to attend graduate school,” Stefan says. He was also accepted at a number of other prestigious institutions in the United States and Britain, among which London School of Economics and Cornell University.

At AUBG Stefan founded the Student Investment Club. The club organized more than 20 guest lectures with the participation of finance and investment professionals who specialize in the fields of private equity, mutual funds, and real estate. Stefan also helped establish Uniconsulting, a student enterprise that offers financial consulting services.

“AUBG is the perfect place for a young person to study,” Stefan says. “It provides the ability to become broad-minded and enjoy the benefits of a liberal arts education. One can choose whatever courses he likes and can adjust his curriculum according to his interests, which further improves his chances for graduate studies in Europe or in the States,” Stefan concludes.


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