The European Education Directory

"Dimitar Apostolov Tsenov"
Academy of Economics - Svishtov


Address 2 Emanuil Chakarov Street, 5250 Svishtov, Bulgaria
Tel. No. Secretary's office: (++359 631) 6 09 07 International relations: (++359 631) 6 04 50, 6 09 78
Fax No. (++359 631) 6 04 72, 6 09 78
E-mail address
Departments & Centres
  • Finance and Credit
  • Department of Finance and Credit
  • Department of Social Security and Insurance
  • Department of Theory of Economics
  • Department of Accountancy
  • Department of Economic Analysis
  • Department of Economic and Financial Control
  • Department of Mathematics and Statistics
  • Department of Management
  • Department of Marketing
  • Department of Strategic Planning
  • Department of International Economic Relations
  • Department of Business Informatics
  • Department of Industrial Economics and Management
  • Department of Economy of Agriculture
  • Department of Trade
  • Department of Social and Political Studies
  • Department of Law and Ecology
  • Department of Foreign Language Teaching
  • Department of Physical Training
  • Centre for Master Degree Courses and Distance Learning (CMDL)
  • Centre for Post-graduate and Continuing Education (CPCE)
  • Centre for Professional Training
  • Type of courses Bachelors programmes are offered to both full and part-time students. Masters programmes are offered on a full-time and distance basis. Bachelors programmes are nine semesters (four and a half years) in duration, and Masters programmes run over three semesters (one year of study, and one semester for thesis development and defense).
    Student profile More than 11 000 full-time and part-time students study in the Academy, including foreign students from European, Asian and African countries. Bulgarian and foreign students may study in PhD programmes in various economic subfields. The “D. A. Tsenov” Academy of Economics administers programmes which award the qualification of "specialist in economics" from the College of Economics and Management - Svishtov. The College is an affiliated Institute for Qualification and Retraining functions within the framework of the Academy.


    Faculties and Colleges

    The ”D. A. Tsenov” Academy of Economics awards Bachelor and Master Degrees in the field of economics with a broad array of major specializations:


    1. Finance
    The curriculum includes public and corporate finance, money and credit, currency transactions, stock exchange and investment in securities, banking, techniques of taxation and other subjects. Graduates are awarded the qualification of "economist-financier", "economist-banker", "economist-financial manager". 2. Social Security and Insurance
    Students are taught risk management, techniques of insurance and reinsurance, actuarial work, and investment portfolio management. The course is intended to provide specialized knowledge in social security management, economics and management of healthcare, organization and service of the labour market. Graduates are awarded the qualification "economist-insurer", "economist-actuary", "economist-social worker", "economist-health service specialist", "economist-stockbroker".

    3.Applied Macroeconomics
    The major of “Applied Microeconomics” aims to prepare microeconomists- analysts, capable to evaluate the main aspects of functioning and development of the national economy on a macroeconomic level and to turn it into a eco-social- market economy of theoretical and information type, which will be able concurrently to integrate itself into the international networks, including those of European Union.


    1. Accountancy and Control
    Students in this speciality are taught in accordance with the Act of Accounting, the Act of Trade, the National Chart of Account, international and national standards. The curriculum includes subjects similar to those taught in the E. E. C. countries. Graduates in this speciality are awarded the qualification of "economist-accountant".

    2. Auditing and Analysis of Company Affairs
    Students are taught in basic and specialized modules in the fields of economic analysis, control, financial accounting, trade law, financial law, taxation law, automated processing of auditing and analysis of company affairs. Graduates are awarded the qualification of "economist in auditing and analysis of company affairs".

    3. Statistics and Econometrics
    Students in this speciality are given a solid foundation in the methodology of generalized figure characteristics; planning, organizing and conducting comprehensive, descriptive and diagnostic statistical analyses. Graduates are awarded the qualification of "economist-statistician".


    1. Marketing
    The course is intended to provide knowledge and skills in surveying the domestic and international market, working out price prognoses and market strategies for increasing the competitiveness of companies, developing sale, investment and advertising policies, the technology of business planning. Graduates are awarded the qualification "economist-planner" and "economist in marketing".

    2. Business Informatics
    The course provides knowledge in technical programmes for computer systems, modern computing machinery, automated data processing and new information technologies, algorithms, programming languages. Graduates are awarded the qualification of "economist-application programmer" or "economist-systemsanalyst".

    3. International Economic Relations
    The course provides specialized knowledge on the contemporary world economy, international marketing and strategic management, international finance, credit and insurance relations, modern processing techniques for studying the international market situation, business and economic relations, and two foreign languages. Graduates are awarded the qualification of "economist in international economic relations".

    4. Business Management
    The course covers contemporary management theory and practice. Graduates are awarded the qualification of "economist-manager".

    5. Public Administration
    The curriculum covers the management of regional economy, localization of production, district and municipal organization, local self-government, methods of keeping public records, the economy of municipal employment resources. Graduates are awarded the qualification of "economist in public administration".

    6. Management of Ecology The course provides knowledge in managing natural resources, ecological monitoring, carrying out research and prognoses, the safeguarding of ecosystems, and the management of ecorisk. Graduates are awarded the qualification of "economist-ecomanager".

    7. Forecasting and Planning
    The course in “Forecasting and planning” is aimed to meet the higher social and economic expectations for the highly-qualified specialists, on an expert level. The complex and systematic knowledge provided to the students in the major of “Forecasting and planning” form a proactive behavior of the young professionals, feasibility and adaptation when applying the acquired knowledge, and also capability of dynamic teams working and carrier development.


    1. Industrial Economy and Management
    The curriculum includes organization, administration and book-keeping of company affairs, modern entrepreneurship in industry, marketing, devising business strategies in various industries. Graduates are awarded the qualification of "economist in industrial production".

    2. Economy of Agriculture
    The course covers accounting, management, marketing, finance and taxation controls, organization of labour and finance in agriculture. Graduates in this speciality are awarded the qualification of "economist in agriculture".

    3. Middleman Mediation and Trade
    The course covers organization of supply, price formation, sales, advertising, entrepreneurship and middleman procedures in real estate, products and services exchange. Graduates in this speciality are awarded the qualification of "economist in trade".

    4. Economy of Tourism
    The students in the major of “Economy of Tourism” form their professional profile of knowledge and skills for team or individual performance about technology, managerial, selective, analytical, evaluative expert, prognostic and design activities, based on diversity and wide profile specifics of their training and theoretical studies, also workpalcements and training practice.

    5. Economy of Cooperatives
    The course in “Economy of Cooperatives” provides specialized training in accounting, finance, management, marketing, computer programme support and labour organization in all kinds of cooperatives. Graduates are awarded the qualification of "economist of cooperatives".

    Educational qualification degree (EQD) “Master”

    The Center for Master Degree Courses and Distance Learning (CMDL) is a unit within "D. A. Tsenov" Academy of Economics that administers education in full-time, distant and extramural forms for the acquisition of the higher educational qualification degree "Master" for specialists in the field of the professional trends "Economics" and "Administration and Management”.

    CMDL provides the educational process administratively, technologically and methodologically, based on modern, high-efficiency and competitive information technologies; distribution of economic, administrative, managerial and computer knowledge among target groups of consumers and popularizing of the educational materials of "D. A. Tsenov" in the country and abroad.

    There are three sectors within CMDL: "Master’s Degree Courses", "Distance Learning" and "Foreign Students Education".

    "D. A. Tsenov" Academy of Economics" is a founding and full member of the National Centre for Distance Education (NCDE) – Sofia. Distance learning is fully provided with training materials (textbooks, teaching aids, multimedia CDs, and a Web-site: ). The centre offers distance learning in 33 Master programs for economists (90 credits); 25 Master programs for non-economists (180 credits) and 23 Master programmes for college graduates (150 credits).

    About the Academy

    Svishtov has played an active role in the history of Bulgaria for some nineteen centuries. The past of the Bulgarian people comes to life again in the rich and varied biography of the town. From the ancient town of Nove, dating from the early medieval period, through the dark period under Turkish rule, the bright years of the Bulgarian Renaissance down to the present, Svishtov has been important as a commercial, educational and cultural centre, a centre in the political struggles for national liberation, and the birthplace of key writers and intellectuals. Svishtov is a town of old commercial traditions, outstanding Renaissance figures and rich cultural development. And it is not by chance that the town has become the third largest university centre in Bulgaria. The Academy's benefactor, Dimitar Apostolov Tsenov who provided its endowment occupies a respected place in the ranks of 19 century philanthropists and humanists born in Svishtov. He was born here in 1852 and died in Sofia in 1932. Dimitar Tsenov was a large-scale entrepreneur, merchant and stockowner, an ardent patriot and an advocate of cultural and educational development. On September 1, 1912, Dimitar Tsenov bequeathed his fortune to the citizens of Svishtov, leaving his assets in Svishtov and other parts of the country to the endow of an economic institute in the town. The Academy in Svishtov was formally opened on November 8th, 1936, marking the beginning of the development of higher education in the town.

    The “D. A. Tsenov” Academy of Economics takes an appointed and recognizable place in the academic world. The leading positions of the Academy in the system of higher economic education are the result of:

  • demanded and achieved anticipatory development;
  • formed organizational manners and spirit of innovation;
  • pedagogy of cooperation with the students;
  • collaboration with foreign countries without any partiality;
  • entire devotion, sometimes difficult to understand, to Svishtov Alma Mater.

    That is the reason why the Academy is being an attractive and desired partner in Bulgaria and the whole world.

    The Academy of Economics is connected to INTERNET which provides free, efficient, and quick access to the rest of the computerized world. The Data Processing Centre provides first-class computing facilities necessary for administration and teaching in the Academy. Students are given methodological assistance by a team of experts from the Department of Automated Data Processing in the 12 computer labs equipped with modern PCs. A network of more than 100 work stations and several servers has been recently installed. The computer labs are part of this local network and provide access to INTERNET under appropriate authorization. The Academy maintains its own publishing house, issuing textbooks, articles and specialized literature in economics.

    The library is one of the oldest and richest university libraries in the country. Founded in 1939, it is named after the famous bibliographer Prof. Nikola Mihov who was a leading figure in establishing the library and worked there for almost 17 years. The library has four reading rooms with 120 places and more than 192 000 volumes of books and periodicals. The library is connected to the Internet, wich affords opportunities both for individual information search in the library database created in 1992 and for joining in a net with other university libraries.

    There is an Institute for Scientific Research (ISR) in the Academy. Its main purpose is to develop economic research and link it to higher education. A Centre for Scientific Research and Transfer "Barov" Ltd. functions within the framework of the Academy. Its purpose is to conduct scientific research to meet particular practical needs.

    The Academy has 6 specialized publications:

    1. The Narodnostopanski Arhiv (National Economic Archive)
    2. Business Management journal
    3. Yearbook of the “D. A. Tsenov” Academy of Economics
    4. "Economic World" Research library
    5. “DialoguE”- E-journal
    6. Almanac “Scientific Research”

    The Academy maintains its own publishing house, issuing textbooks, articles and specialized literature in economics.

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