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Azerbaijan State Economic University

Azərbaycan Dövlət İqtisad Universiteti

Azerbaijan State Economic University

Baku
City
1930
Foundation
18500
Number of students
900€ - 1400€
Semester Tuition Fees
400€
Ø monthly cost of living
Yes
Scholarships available
November 25, July 25
Application Deadline
20 / 1
Student - staff ratio
25
Nations represented

Offered Programs

Admission of foreign students at the Azerbaijan State University of Economics (UNEC) is done via our easy online application system. International students who wish to study at UNEC must submit the required documents through their personal accounts on our website. Scan through your desired program and select “Apply”.

Acceptance of documents is carried out based on the required documents that are submitted following the bachelor's, masters, and doctoral degrees.

Individuals with foreign citizenship can apply by selecting the level of education they want to study and entering the required documents into their personal account or sending them to our email.

At the next stage of the admission process, according to the general admission rules, the documents of all international applicants are checked and if the documents are in order, at the next stage you will be sent an invitation letter to study at the Azerbaijan State Economic University.

Since admission is carried out completely online, foreign entrants can choose the specialty and language of instruction they want by completing our online application form and then submitting the required documents by uploading them to gain the right to study if they meet the relevant requirements.

Foreign applicants must also submit a letter of recommendation from the educational institution where they previously studied. If necessary, applicants are invited for an interview via Skype or by phone.

Documents Required For Admission:

Candidates who apply online must download the following documents on their pages

For bachelor's degree;

  • Copy of high school certificate or diploma
  • Copy of passport
  • Photo 3 × 4 (8 pieces)
  • CV/Resume
  • Letter of recommendation addressed to the Rector of UNEC
  • English proficiency result for students who studied previous education in a foreign language and would like to study in English at the university.

For the master's degree;

  • Copy of bachelor's degree, academic transcripts, or the equivalent
  • Copy of international passport
  • Photo 3 × 4 (8 pieces)
  • CV/Resume
  • Letter of recommendation addressed to the Rector of UNEC

For doctoral degree;

  • Copies of bachelor's and master's degrees, academic transcripts, or the equivalent
  • Copy of passport
  • Photo 3 × 4 (8 pieces)
  • CV/Resume
  • Letter of recommendation addressed to the Rector of UNEC

Note: Each of the above documents must be approved and authenticated by the Ministry of Foreign Affairs of the applicant’s home country.

At the next stage of the admission process, according to the general rules of admission, the documents of all international applicants are checked and if the documents are in order, at the next stage you will be sent an acceptance letter.

All candidates who receive an invitation letter must come to Azerbaijan with a study visa and submit the original documents to the UNEC Department of International Cooperation. Candidates who submit the original documents are awarded a contract in their chosen specialty, and foreign students studying on a paid basis under the contract become UNEC students by paying tuition fees.

Select your Degree

Application Requirements for Bachelors:

  • A-Level Certificate

Select your field of study for Bachelors

Arts.Design.Music
Business.Finance.Economics
Mathematics.Informatics
Geography.Agriculture
Engineering.Technology

Select your Bachelor program

Application Requirements for Masters:

  • A-Level Certificate
  • Bachelor's Degree

Select your field of study for Masters

Arts.Design.Music
Business.Finance.Economics
Mathematics.Informatics
Politics.History.Law
Engineering.Technology
Geography.Agriculture
Biology.Health.Medicine

Select your Master program



Tuition and Scholarships at Azerbaijan State Economic University

Azerbaijan State Economic University was founded in the year 1930 as a non-profit public higher education institution located in the urban environment of Absheron in the metropolis of Baku. The university also has branch campuses in Zagatala and Derbent in Russia.

UNEC as it is informally known is officially recognized by the Ministry of Education of the Republic of Azerbaijan (Ministry of Education of Azerbaijan) as a large co-educational Azerbaijani higher education institution. The Azerbaijani State Economic University (UNEC) offers courses and programs to obtain officially recognized higher education degrees in various fields of study.

The university is among the leading public higher institutions in the region and offers a quality education at very affordable costs for both local and international students.

The tuition fee breakdown at UNEC:

Undergraduate                                                Postgraduate

Local students                         $1,000 — $2,500                                   $1,000 — $2,500

International students             $1,000 — $2,500                                   $1,000 — $2,500

Euro Equivalent                      €750 —  €1,800                                       €750 — €1,800

Please note that the above fees do not include accommodation, student fees, or any other external costs determined by the university. Also, the exact tuition value is dependent on factors such as program, nationality, faculty requirements, etc. As your application progresses, we will inform you of the total tuition fee that applies to your desired program.



About Azerbaijan State Economic University

Azerbaijan State Economic University was founded in the year 1930 as a non-profit public higher education institution located in the urban environment of Absheron in the metropolis of Baku. The university also has branch campuses in Zagatala and Derbent in Russia.

UNEC as it is informally known is officially recognized by the Ministry of Education of the Republic of Azerbaijan (Ministry of Education of Azerbaijan) as a large co-educational Azerbaijani higher education institution. The training of economic personnel with higher education in our country began in the 20s of the last century.

Thus, the polytechnic institute, originally created by the Azerbaijan Revolutionary Committee, had one of 5 faculties as an economic one. And in 1922, an economic department was opened at the Faculty of Social Sciences of the Azerbaijan State University, and this department trained economic personnel until 1930.

Based on the decision of the Council of People's Commissars of the Azerbaijan SSR, the division of the then Azerbaijan State University into separate institutions and the establishment of the Azerbaijan Trade and Cooperative Institute based on the economic department of the Azerbaijan SSR established the foundation of today's Azerbaijan State University.

Based on the Azerbaijan Trade and Cooperative Institute, the Azerbaijan Socio-Economic Institute was created, which, having a strong potential, united such small institutions as the Institute of Socialist Accounting, the Institute of Soviet Construction and Law, the Financial and Planning-Economic Institutes.

UNEC Today

Founded in 1930, Azerbaijan State Economic University is one of the largest higher educational institutions in the South Caucasus countries.

Currently, UNEC has 9 faculties, where more than 18 thousand students and masters study in 21 specialties.

The university employs over 1,000 teachers, including 77 professors, 326 associate professors, including full members of the National Academy of Sciences, the New York Academy of Sciences, State Prize winners, honored teachers, and scientists.

There are over 850 international students who come from about 12 countries around the world to study at bachelor’s and master’s levels at UNEC.

The Azerbaijan State Economic University, which has been operating since 1930 and is one of the largest universities in the South Caucasus region, which trains highly qualified economists and managers, invites foreign citizens to study in more than 20 specialties under bachelor's and master's programs. Training at the university is conducted in Azerbaijani, Russian, Turkish, and English.

Likewise, UNEC, according to the results of the published rating of the QS agency of universities in Europe and Central Asia, being the 4th university in economics, was identified among the best 200 universities in the region.

UNEC Academics

Azerbaijan State Economic University is one of the leading higher educational institutions of the country with international potential and at the same time, the only university that prepares high-level professional personnel to provide all spheres of the economy.

The university has created a professional academic environment to strengthen academic discipline, improve the level of education, and scientific research, as well as to bring the activities of teachers and students to modern requirements.

UNEC effectively provides students, professors, and other academic staff with all the necessary opportunities to create a more professional research climate on campus. It should be noted that by connecting to international exchange programs at the university, students can secure the opportunity to develop their capacity on an international scale.

International Co-operation

Today, through international exchange programs, including Non-Erasmus programs, Erasmus + Exchange Programs, and Mevlana Exchange Programs, UNEC participates in the process of internationalization of education.

Thus, UNEC offers students an invaluable opportunity to continue their education through various exchange programs abroad for 1 or 2 semesters. Over the past six years, UNEC has established bilateral cooperation with various foreign universities in Germany, South Korea, Lithuania, France, Italy, Poland, Holland, other countries of Central and Eastern Europe, and Central Asian countries and continues to expand its range of scientific coverage. UNEC has signed at the institutional level more than 20 agreements with higher education institutions in Europe and Turkey (among them - the University of Montpellier and CEFAM in France, the University of Siegen in Germany).

Research at UNEC

UNEC is actively integrating into the world's scientific space. International conferences, forums, scientific seminars on traditional and new topical problems of the economy are held annually with the participation of world-renowned scientists.

Joint videoconferences are organized online with leading universities in the USA, Europe, CIS, and Asia. UNEC scientists actively deliver reports, hold discussions, and exchange views at international scientific conferences in recognized research centers around the world.

UNEC is an active participant in international scientific and innovative projects of the European Union (TACIS, TEMPUS, ERASMUS, SOCRATES), in the USA (Fulbright), and also in several international global economic organizations (UN, UNCTAD, World Bank, WTO).

For the first time in the field of economic education, by the decision of the Cabinet of Ministers of the Republic of Azerbaijan, a scientific research institute for economic research was established in 2009, which in a short time became a center of advanced ideas and innovations.

The number of articles of UNEC scientists in international peer-reviewed journals is increasing every year, which improves the position of our University in world rankings. UNEC has the Councils for the defense of dissertations in scientific areas: Economic theory; Macroeconomics; Finance, Monetary Circulation, and Credit; and World economy.

The publishing house of the University of Economics regularly publishes scientific monographs, teaching materials, analytical reviews. UNEC publishes in the journals "Economic Sciences: Theory and Practice" and "Geoeconomics", as well as the newspaper "Economist".

STUDENT LIFE AT UNEC

The Azerbaijan State Economic University (UNEC), in order to ensure active participation in the socio-economic, cultural, socio-economic life for all students, constantly conducts local training, seminars, conferences, national and international summer camps, student exchanges, various inter-student Olympiads, competitions, and several events all through the academic year.

Several student organizations, associations, and clubs operate in UNEC. The purpose of these associations is to represent and protect the interests of students, to ensure active participation in the socio-political, cultural, socio-economic life of the university, and to assist in improving the knowledge of students in economics and scientific research. For UNEC students during their studies, becoming members of these organizations, associations, and clubs, can also expand their horizons and professional outlook especially with real-world knowledge and activities.

The following student associations operate in UNEC:

  • Student Rector
  • Public Association "Assistance in Scientific Activity to Students-Economists"
  • Student Scientific Society
  • Student Youth Organization
  • Student Trade Union Committee
  • Public Association "Support for Students- Economists"

Why Study at Azerbaijan State Economic University

International study environment

Specialties are taught in Azerbaijani, English, Russian, and Turkish at the bachelor's, master's, and doctoral levels ;

Competent Stuff

The teaching process and staff training are in line with the American and European education systems;

Modern Infrastructure

Offers a highly developed infrastructure to supplement its outstanding academic staff members.

Affordable Education

All international students a stand a chance of receiving scholarships that cover 50 % of their tuition fees.100% scholarships are also offered on merit to students with outstanding academic achievement.


Accommodation Azerbaijan State Economic University

On Campus Accomodation at Azerbaijan State Economic University

Azerbaijan State Economic University does not offer on campus accommodation at the moment

Off Campus Accomodation at Azerbaijan State Economic University

In general, Baku has apartments, student dormitories, and residences at affordable prices for both international and local students. Prices for renting apartments in Baku vary depending on the area. The International Cooperation Department can help you with this matter.

Prices

The rental price ranges from 250-500 AZN.

Student hostels and dormitories range from 100-150 AZN

You can rent an apartment with several other students together in the apartment. The total amount of the apartment can be divided among the roommates. A separate room per person costs 70-150 AZN*.

*AZN = Azerbaijani Manat (the local currency of Azerbaijan)


Sports at Azerbaijan State Economic University

The high attention and care paid by the state to sports in Azerbaijan have also had a significant impact on the sports life of the Azerbaijan State Economic University. Thus, UNEC has carried out purposeful complex measures in the direction of promoting the physical health of students and employees, and an effective organization of leisure time on campus.

This was achieved by creating appropriate materials and equipment for sports and athletics and a modern technical base with improved infrastructure.

A volleyball and basketball hall meeting the most modern standards required for holding local and international competitions is available in the II (second) educational building of the University, a hand games gym equipped with the most modern equipment in the IV (fourth) educational building, where gymnasiums and a Chess Club equipped with the necessary equipment and technical means are put into use. In addition, the Quba area’s swimming pool and gymnasium, which can accommodate 1,500 spectators, are equipped with the latest equipment.

University students participate in sports training conducted by world-class masters of sports by applying to the departments of volleyball, chess, football, basketball, handball, athletics, table tennis, wrestling, and other sports.

To further stimulate the interest in sports, the university regularly holds competitions and tournaments in various sports between students and university staff every year. The winners will be awarded and will have the right to represent our university in national and international competitions.

The result of the attention and care for sports at the university is reflected in the growing success of the university in the field of sports. Thus, the UNEC mini-football team became the winner of the Republican Universiade, as well as the first winner of the tournament named after National Hero Mubariz Ibrahimov. Among the students and graduates of the university, there are many world and European champions, our athletes recognized by the international sports community.

UNEC students have won several international competitions: Shahriyar Mammadyarov won the Tal Memorial in Moscow in 2010, Eltaj Safarli won the Chigorin Memorial 2010 tournament in St. Petersburg, and Fidan Agasiyeva won the Chess Olympiad among Turkic-speaking countries which were hosted in Turkey.



Transportation at Azerbaijan State Economic University

You can use the metro and buses, which are the main public transport in Baku. The cost of the metro and buses is 0.30 AZN. The main building of UNEC is located near the Icheri Sheher metro station, which is the last station of the Red Line of Baku Metro. All flights are carried out via Baku Kart.

For more information and to find a metro map, visit the Baku Metro website (http://metro.gov.az/en/).

For more information on many bus routes in Baku visit www.gomap.az.

Baku Card

To use public transport in Baku, you need to get a Baku Card. Bakikart can be purchased at all metro stations and bus stops. For more information, please visit http://www.bakikart.az/en/.

For more information, please visit: http://www.bakikart.az/en/

Arriving from the airport to the city centre

You can use the services of both buses and taxis to arrive in the city centre from the Heydar Aliyev International Airport. The airport express bus runs every hour. The cost of the bus (Airport Express) is 1.50 AZN.

For more information, please visit http://www.aeroexpress.az/en.

Taxi

There are e-cab hailing services such as BakuTaxi, Uber, Taxify, and others in Baku. From the Heydar Aliyev International Airport, you can come to the city center for 15-25 AZN.


About Baku

Baku is the capital and largest city of Azerbaijan, as well as the largest city in the Caspian Sea and the Caucasus. Located 28 meters below sea level, Baku is the world’s largest city below sea level and the capital of the country with the lowest altitude in the world.

It is located on the southern shore of the Absheron Peninsula, adjacent to Baku Bay. At the beginning of 2009, the urban population of Baku was estimated to exceed 2 million. According to official statistics, approximately 25% of all residents of the country live in the capital, Baku.

Baku is divided into 11 administrative regions (districts) and 48 villages. These include the Baku Islands built on stilts in the Caspian Sea, 60 kilometers from Baku, and the village of Oil Rock City. The city of Baku, Silvansa Palace, and Maiden Tower was included in the UNESCO World Heritage List in 2000. According to the rating of “Lonely Planet”, Baku is also one of the top ten nightlife venues in the world.

This city is the industrial, cultural and technological center of Azerbaijan. Many of Azerbaijan’s major organizations are headquartered here, including SOCAR, one of the world's top 100 companies. The annual handling capacity of Baku International Maritime Trade Port is 2 million tons of general cargo and bulk cargo.

In recent years, Baku has become an important venue for hosting international events. In 2012, it hosted the 57th Eurovision Song Contest, the 2015 European Games, the 2016 European Grand Prix, and the 2020 European Cup. The city is famous for strong winds, which is reflected in the nickname “Wind City”.

 


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