18th December – Projects from the Tsenov Academy of Economics have been approved for the competition: “Bulgarian scientific periodicals– 2014”

Two of the leading scientific periodicals issued by the Tsenov Academy of Economics – the “Narodnostopanski arhiv” journal and “Business Management” journal – have been approved and funded for the 2015 publishing year after documentation had been successfully prepared for application to the national competition for “Bulgarian scientific periodicals – 2014”, which is funded by the “Scientific Research” fund from the Ministry of Education and Science. The total value of the financial support for the two journals is 11500 leva, which covers all expenses for printing 4 issues per year in Bulgarian and in English. www.uni-svishtov.bg/NSArhiv


Prepared by the Editorial Boards of the “Narodnostopanski arhiv” journal with the Chief Editor being Prof. Andrey Zahariev, PhD, and the “Business Management” journal with the Chief Editor being Prof. Lyuben Kirev, PhD, they are also the only financially supported scientific periodical issues with an economic profile in Bulgaria for the 2015 publishing year among a total of 86 project proposals approved for funding from higher education institutions, BAS institutes and publishing houses. Both journals, via the project support of the Tsenov Academy of Economics, are available for readers in a web-based environment through individual web sites in Bulgarian and in English.

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International Conference on "The Future of the Lower Danube”

The International Conference on "The Future of the Lower Danube: Regional Economic Encouragement – Inteligent Cities – New Infrastructure" was held at the Tsenov Academy of Economics. The large-scale forum was organised by the Federation of Scientific Unions, the Union of Economists in Bulgaria (UEB), the Tsenov Academy of Economics, the Government of Baden Vurtenberg – Germany, the "Konrad Adenauer" Foundation, the Association of Danube Municipalities in Bulgaria - "Danube" – and the National Cluster for Intelligent Transport and Energy Systems (NCITES) - Bulgaria. The conference was attended by guests from Germany, the Netherlands, Norway, Switzerland, Georgia, representatives from the Ministry of the Economy and the Ministry of Regional Development and Public Works (MRDRW), governors and mayors from the Danube regions, representatives of NGOs (non-governmental organisations) and academic professors. The conference was held in parallel in English, German and Bulgarian with simultaneous translation, thanks to the excellent facilities provided by the host - the Tsenov Academy of Economics.

The international conference on regional development, located in the lower part of the river, was organised into three panel discussions - "Regional Economic Development", "Inteligent Cities" and "New Infrastructure". In separate panels the future integration of the regions along the Danube were discussed, improvement in the investment environment, the need for more economic independence for Bulgarian municipalities, the creation of a favourable environment for cooperation, and  the investment and exploitation of the potential of the regions.

In a presentation entitled "The Danube Strategy of the European Union: preconditions and development prospects", Peter Langer said the "Blue Danube" should build treatment plants along the river. Tamara Kuleva from MRDPW presented the Operational Programme "Regions in Growth" and development opportunities for the Lower Danube. The Commercial Director of the Dutch company, Martine Claver, commented on the project realised in South Bulgaria for "Innovative green technologies: a project for the production of biogas from animal waste" which she said is suitable for agricultural regions near the Lower Danube. Prof. Wolfgang Kuhnel, PhD from Switzerland spoke about "Passive houses in a Inteligent city" and engineer Dimitar Ivanov presented the "Concept and objectives of the National Cluster: Intelligent transport systems in cities."

From the Academy of Economics, Prof. Andrey Zahariev, PhD, gave a presentation entitled "The state and prospects of the infrastructure in Danube municipalities" where he justified the need for priority public and private investments in order to overcome the shortage of transport options in the Bulgarian-Romanian section of the Danube River.

At the closing session, participants in the international conference discussed and adopted the "Charter for the accelerated and sustainable development of the regions of the Lower Danube"/” Charter for the development of the Lower Danube". In this document the conviction was expressed that regional integration along the Danube is a prerequisite for the implementation of a uniform policy for economic growth.


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A roundtable on "Higher education and business in the context of the Europe 2020 strategy" was held

A roundtable on "Higher education and business in the context of the Europe 2020 strategy" at the Tsenov Academy of Economics gathered together teachers, students and representatives from practice. The forum was one of the last events organised under the project "New skills for a successful career for students from the Tsenov Academy of Economics”. Among the guests were Professor Lyuben Kirev, PhD – the Vice-Rector of the Tsenov Academy of Economics and head of the project, the Mayor of Svishtov, Stanislav Blagov, Tomcho Tomov – the Head of the National Competence Assessment Center for the Bulgarian Industrial Association, Lyudmil Yordanov – the Deputy Head of Customs, Svishtov, directors from various institutions, business executives, and experts from practice.

In conclusion, the head of the National Competence Assessment Center for the BIA indicated that the Academy of Economics is a great example of working in unity, and that the project has played an important role in changing minds. Tomov thanked all the experts, teachers and students who were present, the project team and wished the realisation of new joint initiatives success.

Each roundtable participant received a project compendium called "Higher education and business in the context of the Europe 2020 strategy". In almost 400 pages, the work of students, teachers and professionals from practice are presented in three main areas - "Innovative approaches to business education," "Educational products in economics, administration and management", and "Business involvement in the learning process - partnership models ".


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The Tsenov Academy of Economics had the highest valuation in Europe

The Tsenov Academy of Economics was among the participants in the Graduate Barometer 2014 – European Edition, the most widespread survey for career, education and employers in Europe. 305 590 students from 914 educational institutions in 24 countries (Austria, Belgium, Bulgaria, Great Britain and North Ireland, Germany, Greece, Denmark, Ireland, Spain, Italy, Norway, Poland, Portugal, Romania, Russia, Slovenia, Turkey, Hungary, Finland, France, the Netherlands, the Czech Republic, Switzerland, Sweden) participated in this years’ edition of the survey.

In the survey, in which anonymity is guaranteed, students are asked about the level of satisfaction regarding education in the respective university and for their adjustments and expectations concerning their future professional realisation.

Удовлетвореност на студентите от университетската дейност

Стопанска академия
Качество на преподаване
Съдържание и структура на следването
Академична репутация на университета
Репутация на университета сред работодателите
Практическа насоченост на образованието
Качество на университетското оборудване
Достъпност и готовност за помощ на преподавателите
Контакти на университета с фирми
Съдействие при планиране на професионална реализация
Обхват и качество на студентските дейности/студентския живот
Административни услуги
По-ниска месечна издръжка в града на следване

The questionnaire survey covers a large number of key indicators in which the satisfaction of students with university activity is evaluated. Each one of these indicators has a corresponding percentage which is associated with a score on a scale from “poor” to “excellent”. According to the indicator for effectiveness in the survey, the Tsenov Academy of Economics obtained an “excellent” score from a large section of these, and as a percentage, the results from the Svishtov Higher School are higher in comparison with those for Bulgaria and Europe.

On basis of the indicators, the students from the Tsenov Academy evaluated their satisfaction with the university’s activity in Svishtov via a seven point scale (1- very satisfied, 7 – very unsatisfied) with a value of 2.5. Thus overall satisfaction with education at the Tsenov Academy registered a higher value compared to corresponding results for Bulgaria (3.0) and Europe (2.8).


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The first of its kind annual national contest for the “Best Administration in the Republic of Bulgaria” was held at the Tsenov Academy of Economics

The first of its kind annual national contest for the “Best Administration in the Republic of Bulgaria” was held at the Tsenov Academy of Economics.  The contest was organised as part of the Svishtov Higher School’s scientific project, “An assessment of the administrative capacity of public administration and an annual contest for the best administration in Bulgaria”. The project is realised in partnership with the Institute of Public Administration under the Republic of Bulgaria’s Council of Ministers and the “Focus” information agency and the trademark for ‘best administration’ is owned by Prof. Borislav Borisov, PhD, a lecturer from the Tsenov Academy of Economics.

At an official ceremony at the Tsenov Academy of Economics, which was attended by the Rector, Prof. Velichko Adamov, PhD, Vice Rector Prof. Teodora Dimitrova, PhD, Assoc. Prof. Georgi Manliev, Director of the Institute of Public Administration, regional governors, representatives from regional and municipal administrations, academic lecturers, students, journalists and other guests, the results from the project’s implementation were presented and the winners of the contest were awarded their prizes.

The idea of conducting an annual contest for the best administration arose more than a year ago.

The main criteria for the assessment of administration were developed and coordinated over 8 months, and the regional administrations that accepted participation in the research, which included thousands of pages, were visited by the team of lecturers from Svishtov – specialists in public administration.

Among the subjects under study were: the planned activity of the administrations, the budgetary process and financial management, control of the legality of decisions by municipal councils and mayoral actions, publicity, risk evaluation, the management of state property, projects and human resources.

The prize for “The most innovative regional administration” was awarded to the regional administration Sliven. “Most transparent” was awarded to the regional administration Lovech. The prize for “most active regional administration” was given to the regional administration Rousse, and the “most project orientated” was awarded to the administration from region Smolyan.

The prize for “Best Regional Administration of 2014” was awarded by the jury to the regional administration from Blagoevgrad. The winner of the first of its kind annual national contest for “Best Administration” received an honorary emblem, diploma and a replica of the sword of Vasil Levski as a symbol of valour, honour, bravery, at the same time symbolising strength, courage, power and energy.

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A traditional autumn exhibition-bazaar of Russian and Western scientific literature

For a consecutive year, the traditional autumn exhibition-bazaar presented a rich collection of new translations of Russian and Western scientific literature to the academic community in Svishtov.  The exhibition was organised by the Academic Library "Acad. Nikola Mihov” at the D. A. Tsenov Academy of Economics and the official representative of the Russian Academy of Sciences for Bulgaria.

The 19th consecutive exhibition-bazaar of new scientific literature was opened by the Vice Rector of the Academy – Prof. Lyuben Kirev Ph.D. In his welcome address to the organisers and to professors and students, he described the attendees as "reading and thinking" people. In his words, without the books the transition to a "knowledge economy", in which knowledge is becoming a major source of raw materials, a major factor and main product of production, would never happen.

The “book lovers" that attended the event were welcomed by the Director of the Academic Library – Anka Taneva – who stressed that books are the spiritual pillar of people who are brought up to appreciate them.

This year's exhibition-bazaar presented over 1200 titles in Russian and English from different areas of knowledge. Part of the students and lecturers who were present benefited immediately from the ability to derive knowledge from the written word by buying themselves new scientific literature.

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An International Scientific Conference on the theme of "Social sciences and economics (interaction and perspectives on cooperation)”

An International Scientific Conference on the theme of  "Social sciences and economics (interaction and perspectives on cooperation)” was held at the D. A. Tsenov Academy of Economics and was organised by the departments of  History, Philosophy and Sociology, and Law and Ecology at the Faculty of Industrial and Commercial Business.

108 reports were produced for the international scientific forum by 116 authors from 9 countries. The conference was organised in order to create opportunities for scientific events and to enable contact for the establishment of future cooperation between researchers and specialists from social sciences and economics, provoking the exchange of creative ideas and the generation of new knowledge, and creating synchronisation between the development of theory and the needs of contemporary practice.

Via a multimedia presentation, the congratulatory address was presented by Prof.  Galina Silaste Ph.D., Head of the Department of Theoretical Sociology from the Financial University under the Government of the Russian Federation. The importance of the connection between social sciences and economics and the mapping of fields of interaction and perspectives was stressed in the speech given by Assoc. Prof. Nicoletta Mihaleva Ph.D. from the Department of Philosophical Sciences at the University of Economics, Varna. She expressed her conviction that "the great advantage of any democratic society is primarily the high quality of education".

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A student scientific session organised by the four faculties of the D. A. Tsenov Academy of Economics

A student scientific session organised by the four faculties of the D. A. Tsenov Academy of Economics once again enabled the Alumni of the Svishtov Higher School to present their research in the fields of Economics and Management. The large student forum, which was dedicated to the patron of the Academy, was inaugurated by the Vice Rector for Students’ Policy and Academic Development, Prof. Teodora Dimitrova Ph.D.

The student scientific session was attended by nearly 300 students from the 1st to the 4th year, which is a new record for the number of participants taking part in a similar forum at the Academy. They received congratulations from the Vice Rector for the "ambition and motivation" in their work where they have analysed issues regarding the economy and management. Prof. Dimitrova expressed her gratitude to the deans, heads of departments and lecturers for their enthusiasm in the organisation of the student scientific session.

The large forum was held in the four main areas taught at faculty level and participants were divided into eight sections according to their selected sphere of work. The Faculty of Finance challenged the students with the theme: "Finance in the context of the strategy ‘Europe 2020’”. The main thematic areas in which participants worked were related to corporate and public finance, banking, insurance, European Union social policy and initiatives for smart, sustainable and inclusive growth.

The theme set by the Faculty of Industrial and Commercial Business was: "Challenges and prospects for business in the context of the Bulgaria 2020 programme”. The students presented their work related to industrial business, the national agrarian sector and prospects for the development of commercial business and tourism.

The session organised by the Faculty of Management and Marketing was entitled: "Sustainable development and global management." The main themes prompted participants to explore current issues in European integration and European business, the collaborative environment and the crisis in the economy and management, and strategic perspectives for the development of business and the public sector.

The Faculty of Economic Accounting challenged students to direct their research towards the “Problems and challenges facing economic accounting ". Presentations were given in three main thematic areas – "Accounting as an information and control system", "Control and analysis of the dynamic equilibrium in the economy" and "Applications of statistical methods in economic research."

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The Patron’s Day at the D.A. Tsenov Academy of Economics celebration

78 years after the Decree from Tsar Boris III created a Higher Trade School in Svishtov, the academic community in this Danube city once again showed recognition, honour, gratitude and respect for the Benefactor, Dimitar Apostolov Tsenov. On this occasion, which celebrates the patron of the Academy of Economics on the 8th of November, hundreds of students, lecturers and staff participated in the ceremony in front of the Benefactor’s monument and in the procession to his grave.

The celebration in honour of the patron started with performances from a brass band to whose accompaniment the Rector, Prof. Velichko Adamov Ph.D., Gregory, the Bishop of Veliko Turnovo, Vice Rectors Prof. Lyuben Kirev Ph.D. and Prof. Teodora Dimitrova Ph.D., the Chairperson of the General Assembly of the Academy of Economics, Prof. Daniel Vrachovski Ph.D., the Deans of the four faculties and Chairperson of the Student Council were welcomed to the monument of the Benefactor.

For 78 years the Academy of Economics has constantly developed and strengthened. "Here, in line with the traditions of this city that has always had an innovative spirit" said Assoc. Prof. Erusalimov. He recalled that, at the Academy of Economics, disciplines were differentiated for the first time, the first Bulgarian Department of Finance was created, the subject of insurance was taught for the first time, distance learning was introduced and the first online thesis defence was held. In his words, the greatest wealth that the Academy of Economics possesses are people - all the highly qualified lecturers and staff who have given and continue to give their energy to the cause as bequeathed by the Benefactor, all the more than 140 000 graduates who have spread the reputation of the Academy of Economics around the world, and current students studying bachelor’s, master’s and doctoral programmes.

As a sign of gratitude to the Benefactor, Dimitar Tsenov, wreaths were placed at the monument on behalf of the Rector, Academic Leadership, the student community and the student organisation AIESEC. The attendees at the solemn ceremony - students, lecturers and staff from the Academy of Economics - participated in the procession and pilgrimage to the grave of the Benefactor. The procession started from the Rectorate building and passed through the central square “Aleko” and the main street, past the First Bulgarian Cultural Community Centre to the monastery of St. Peter and St. Paul, where Dimitar Tsenov is buried.

Bishop Gregory from Veliko Turnovo, together with Father Anton gave the memorial service and memorial prayer. The attendees honoured the memory of the Benefactor and brought flowers to his grave.

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15 years Academy of Economics training remote masters from around the world

Learning about learning from the masters in the Tsenov Academy of Economics exists since 1999. In the 15 years since the establishment of the Centre for Distance Education through this educational technology of the 21st century Svishtov university has enabled over 22,000 students in graduate degree (ACS) "Master". Only in 2013 the system for distance learning Business Academy are registered logins of 114 countries on all continents of the world.

Its leadership in the market of electronic and distance education products for the degree "Master" in Bulgaria, the innovative design of the Academy of Economics to study remote sensing preserved by continuous development. In order to respond more fully to the specific needs of the students and is in line with current highly dynamic conditions of life in the admission of students for the upcoming academic 2014/2015, in Svishtov Academy provided flexible technology application and training in remote sensing. Prospective students can choose from more than 100 prestigious graduate programs in regular and distance in professional fields "Economy" and "Administration and Management".

The new degree program, which is to be made ​​the first entry in the upcoming academic year is "Consulting in management and administration." One of the new programs "Financial Management" (Financial Management in English), which was launched two years ago, attracting more and more attention of those who wish to complete their degree "Master" in the Academy of Economics.

Among the most popular graduate programs is the "Financial Management" where instruction is in Bulgarian and programs "Bank Management", "Commercial Management", "Accounting and auditing financial enterprises", "currency and customs fiscal control."

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The Tsenov Academy of Economics awarded the honorary title of "Doctor Honoris Causa" to a Professor from the Moldovan Academy of Economics

The Tsenov Academy of Economics awarded the honorary title of "Doctor Honoris Causa" to Prof. Sergei Antonovitch Ohrimenko PhD (Econ.), the Head of the Department of "Information Security" from the Moldovan Academy of Economics in Chisinau, Moldova.


Prof. Ohrimenko was recognised for his scientific and social activities, and the academic community in Svishtov was represented by the Vice-Rector for Student Academic Development and Policy, Prof. Teodora Dimitrova, PhD. In her words, being nominated Professor Emeritus of the Svishtov university is a "professorial rank and calling," it is one for which Bulgaria is the second country, and the Business Academy a second home, "the man who helped build not only a virtual but a real bridge between the Moldovan Academy of Economics and the  Academy of Economics."


In presenting the nominee, Prof. Dimitrova stressed that, with the direct involvement of Prof. Ohrimenko, a long-term contract for cooperation between the Moldovan Academy of Economics and the Business Academy was completed. He participated in a number of joint projects for international cooperation between the two universities.

He has also made significant contributions to the organisation of international scientific and practical conferences, student summer schools, student exchanges and joint publications. Using virtual video technology, Prof. Ohrimenko organised and conducted bilateral doctoral sessions between the Moldovan Academy of Economics and the Svishtov Academy of Economics.

He has initiated the compilation of joint scientific papers and reports with lecturers from Svishtov in the field of information security.

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Karate at the Economics Academy, trained by masters from Japan

Graduates from the D. A. Academy of Economics who are members of the sports karate club "Academic" participated in this training camp, which was attended by five Japanese instructors and the Vice-President of the World Federation of Kyokushin Kan - Foucault-Tsuoshi Kancho Hiroshige (8th Dan).

The international summer camp, which was again held in the resort complex 'Kamchiya', had participants of around 700 fighters from Japan, Germany, Russia, Belarus, Serbia and Bulgaria. The JCC from the "Academic" club involved 12 players led by senpai Mitko Bozhanov (1st Dan).

According to the coach of the Svishtov students, participating in this week-long training programme has enabled trainees to master the important technical elements of Kyokushin and the subtleties of this difficult style of karate.

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Students from the Tsenov Academy of Economics – the best young economists in Bulgaria

Students from the Tsenov Academy of Economics won first places in the 10th  “Young Economist – 2014” national competition organised by the Union of Economists in Bulgaria. This years’ anniversary edition of the competition was held under the title "The Voice of Youth for a Strong Economy," and the topic of the essay was "Green Economics  - Opportunities and Challenges".

In the contest, which aimed to provoke thought and exploratory research in young people, almost 100 pupils, students and PhD students from Bulgarian and European universities, and also young enterpreneurs, took part in finding answers to the important issues surrounding the transition to a green economy in Bulgaria.

The authors presented their ideas, positions and views on the challenges and opportunities on green economics individually or in a group.

Winners from the “students” category were Silviya Sasheva and Teodora Viliyanova in their third year at the Tsenov Academy of Economics, studying the discipline of Finance. They achieved first place for team development. Also taking first place in the ranking was an essay from a group of students from the University of National and World Economy and the University of Economics, Varna. Second in the competition was a graduate from Aston University, Birmingham, and third place was taken by a student from the University of Economics, Varna.

Among the guests at the awards ceremony for the winners from the “Young Economists – 2014” contest were the members of the Governing Council of the Union of Economists in Bulgaria and representatives from academic governing bodies from economics universities.

The Tsenov Academy of Economics was awarded with an honorary diploma by the Union of Economists in Bulgaria for merit and contribution to the development and growth of the national “Young Economists” competition. 

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The new European Erasmus+ programme was presented at the Tsenov Academy of Economics

A training seminar on the new European programme,  "Erasmus +",  was held at the Tsenov Academy of Economics. The Centre for International Cooperation and Projects (CICP) at the Svishtov University presented new elements of the programme to the departmental Erasmus coordinators, which will be launched next year. The Tsenov Academy of Economics is now a university-partner in the new European programme.

The Erasmus charter received is for the period 2014-2020 and entitles the Academy of Economics to conduct all types of mobilities related to higher education, and also to take part in joint international projects within the framework of Erasmus+.

The programme extends the range of countries involved, which increases opportunities for students, teachers and administrative staff to undertake the chosen mobility.

Besides the member states of the European Union, among the countries participating in the programme are Liechtenstein, Iceland, Norway, Switzerland, the Republic of Macedonia and Turkey. Monitoring the implementation of the programme will be accomplished through an electronic platform accessible for the National Agency - "Human Resources Development Centre" - and the European Commission.

In addition to presenting the new points in "Erasmus +", changes to the curriculum for individual students during their mobility in a foreign university (Learning Agreement) were also discussed in the workshop. For future changes in other documents concerning the new programme, the team at the CICP will arrange subsequent training seminars.

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Students from the Academy of Economics participated in training for the administration of the Council of Ministers and experts at the Institute of Public Administration

Students from the D. A. Tsenov Academy of Economics studying  "Public Administration" took part in an initiative from the administration of the Council of Ministers and the Institute of Public Administration - "Open Days" - organised in partnership with leading universities in the field of public administration. The event, held at the Granite Hall of the Council of Ministers gave the right to participate to 12 of the most prominent university students in "Public Administration". Svishtov students led by Assistant Yuliyan Gospodinov, PhD - a lecturer in "Strategic Planning" - were among the participants of over 70 students from the University of National and World Economy, the New Bulgarian University, Plovdiv University “Paisii Hilendarski”and the South-West University “Neofit Rilski”.

The "open door" days were opened by the CEO of IPA - Assoc. Manliev. He welcomed the students and wished them success in the initiatives organised by the IPA and the administration of MS. Prof. Manliev shared his desire to see more young professionals in "Public Administration" in the institutions. Greeting the students, he addressed the representatives of the universities participating in the event.

A series of lectures delivered by representatives of the administration of the Council of Ministers and experts from IPA familiarised students with current reforms in the Bulgarian public administration internship opportunities in state administration, a student essay competition and other planned initiatives.

Iskren Ivanov, senior expert in assessing the impact of "modernisation of administration", presented the young professionals in public administration topical issues regarding reform in the public sector, the World Bank report "Doing business" and the measures that the administration of MS is taking with regard to improving the business environment in Bulgaria. Daniela Sechkova, programme coordinator for student internships in public administration, familiarised students with internships in public administration.


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New operational programmes from the European Union aimed at young people were presented at the Academy of Economics by the Regional Information Centre, Veliko Tarnovo

The new operational programmes from the European Union for the programming period 2014-2020, targeting young people, were presented at the Dimitar Tsenov Academy of Economics. At the invitation of the academic leadership, the guest lecturer at Svishtov university was the manager of the Regional Information Centre (JRC),  Veliko Tarnovo, Svetla Stefanova, together with experts from the Centre. An information session titled "One Direction - many options!" was held, the moderator of which was Assistant Yuliyan Gospodinov, PhD from the Department of "Strategic Planning", and was presented to students, graduate students and the faculty.

The participants in the event were given explainations regarding the activities of the JRC and the network of 28 data centres in the country, as well as the new programming period 2014-2020. Attendees were informed of the progress in the preparation of the programming documents and the key priorities set out in the Partnership Agreement with the EU.

Special emphasis was placed on the new OP "Science and Education - Smart Growth" and "Human Resources Development" 2014-2020, clarifications were given regarding the targets, investment priorities and planned activities in these programmes and the opportunities they will create for education, training and the employment of young people. Presenting the schemes which will start by the end of 2014, Svetla Stefanova explained that financial support will be provided amounting to 20,000 lev to start self-employment. "New job" is one of the schemes aimed at stimulating employers to hire unemployed persons under 29 years of age.

Operational programmes in the new programming period will again provide opportunities for student internships and scholarships, said another guest speaker in response to questions asked by students.

By presenting the information portal for EU Structural Funds, the attendees of the meeting were familiarised with the projects implemented by institutions, companies and organisations. Also discussed were key moments and key points in the development and subsequent implementation of projects.

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Nearly 2000 students graduated with a Master's Degree from the Tsenov Academy of Economics at an official ceremony

At official ceremonies nearly 2000 economists, non-economists and professional bachelors from more than 110 Masters programmes, educated via full-time and distance learning, obtained their Master's Degree from the Tsenov Academy of Economics.

A welcoming speech to the graduates on behalf of the Rector of the Tsenov Academy of Economics – Prof. Velichko Adamov, Ph.D. - and on behalf of the Academic Governing Body, was given by the Vice Rector for Education and Scientific Research – Prof. Lyuben Kirev, Ph.D., the Chairman of the General Assembly – Prof. Danail Vrachovski, Ph.D. and the Vice Chairman – Prof. Andrey Zahariev, Ph.D.

Along with best wishes to the graduates for health, a memorable carreer, success and victories, the official guests at the ceremonies highlighted the contribution of the Donator – Dimitar Tsenov - and reminded everyone that the town of Svishtov has given over 100 'first things' to Bulgaria, including the first Minister of Education – Georgi Atanasovich, MD - and the first Minister of Finance – Grigor Nachovich.

Quoting the slogan of the present mandatory programme – “Quality, Trust, Investment in People” - the guests highlighted that investments in human capital today have a higher return in comparison with all other factors of production, and also that the percentage of unemployed graduates is much lower compared to that of the general unemployed.

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This year’s "Rector’s Cup” competition at the Tsenov Academy of Economics ends with a football tournament

This year’s "Rector’s Cup” competition ended with a football tournament. 10 teams made up of students from different disciplines and courses participated in the tournament, which was organised by the University Sports Club at the Tsenov Academy of Economics and the Students’ Council.

After numerous challenging matches played between the students, the 2014 champion was the “International” team. The captain of the winning team was Alexander Tsenkov from the specialty of “Marketing" also included in the team were Pavel Nedkov, Lyuboslav Petkov, Tsvetan Iliev, Georgi Hrusanov, Mesut Mehmedov, Ivaylo Danailov, Viktor Yordanov, Alexander Mitkov and Nikola Nikolov. The gold medals were presented by the Rector, Prof. Velichko Adamov, Ph.D.

Second place was taken by the “Chaka-Raka” team with captain Svetlin Lafchiyski from the specialty of “Business Informatics”. The silver medals were presented by Assoc. Prof. Hristofor Stoyanov, Head of the Deartment of "Physical Education and Sports”.

Certificates were presented by the Students’ Council to the football referees and the lecturers who participated in the organisation of the football tournament.

The Deputy Chairman of the Students’ Council awarded Assoc. Prof. Hristofor Stoyanov and Senior Lecturer Asen Atanasov with a certificate for their contribution to university football.

Before the final match of the football tournament, a traditional demonstration match was played between lecturers and students. A team of young economists, led by the captain, Georgi Bobolov, outplayed the lecturers’ team 3:0.

As part of this year's tournaments for "The Rector’s Cup", besides the traditional competitions in table tennis, volleyball and basketball, competitions in badminton were also held.

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A students scientific forum was held at the Tsenov Academy of Economics

A students scientific forum was held at the Tsenov Academy of Economics which provided an opportunity to the students at Svishtov university to present their research in the field of economics. At the students scientific session, 240 participants took part with 210 reports.

The scientific session was held in fout distinct categories defined by the four faculties of the university and the participants were divided into nine presentation sections. The Faculty of "Finance" challenged students with the topic "Finance in the context of Europe 2020 ". In the first section scientific research was presented in the following areas of public finance, social affairs and initiatives for smart, sustainable and inclusive growth. The second section united corporate finance, banking and insurance.

"Challenges and prospects for the business programme in the context of Bulgaria 2020" was the theme that the Faculty of "Industrial and Commercial Business" gave to participants. Divided into two sections, the students presented research on "Challenges for the industrial and agricultural sector in the context of the programme Bulgaria 2020" and "Prospects for trade and tourism."

Organised by the Faculty of "Management and Marketing", their student scientific session was entitled "Sustainable development and global management."  Developments in the field of management, marketing and strategic planning were presented in the first section, and the second section included presentations on International Economic Relations and Business Informatics.

Students worked on the topics "Current problems facing European integration and European business", "Strategic perspectives for the development of business and the public sector", "Marketing 2024" and "Current trends in information and communication technologies". The Faculty of "Economic Accounting" asked students to focus their research on "Problems and challenges facing economic accountability." Divided into three presentation sections, participants presented developments in "Accounting as an information and control system", "Control and analysis for maintaining balance in the economy" and "Application of statistical methods in economic research."

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Three of the traditional sport events for “The Rector's cup” were held at the Tsenov Academy of Economics

Three of the traditional sport events for “The Rector's cup” were held at the Tsenov Academy of Economics, organised by the Students Council and the Department of Physical Education and Sports. About 100 students participated in the competition in table tennis, volleyball and basketball.

First place in the tournament in table tennis for women was won by Stiliyana Nedyalkova, the silver medal by Zheni Todorova and third place was shared between Iva Ivanova and Paola Dimitrova. The gold medal in the tournament for men was won by Lyuboslav Dinkov, the silver went to Christiyan Rumenov and the third place winners were Emil Ivanov and Vladimir Tsvetanov.

“The Rector's cup” for the basketball tournament was won by the “Teleubbies” team, the second place went to team "Gradus” and third place was taken by team "Popcorns”.

In the volleyball tournament “The Rector's cup” was won again by team “Leader”. The formation of teams is based on friendly relationships and continuity between generations of students participating in team "Leader" to once again contribute to their victory – for six appearances in the volleyball tournament at the Academy of Economics, "Leaders" have won five first places and one second. In this year’s tournaments, team “Dunav” won the silver medal and the bronze medals were won by the contestants from team “International”.

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The largest forum for student trainees and careers in Bulgaria – “National Career Days 2014 – A Good Career, A Good Life”

The largest forum for student trainees and careers in Bulgaria – “National Career Days 2014 – A Good Career, A Good Life” was held for the 7th time at the D. A. Tsenov Academy of Economics. The event in Svishtov provided an opportunity to more than 1000 students to meet with representatives from 26 companies and institutions from the country, who represented business sectors corresponding to the portfolio of Bachelors and Masters degree programmes at the D. A. Tsenov Academy of Economics.

A congratulatory speech was given by Hristina Toshkova, a specialist in “Corporate relations” from Nestle, Bulgaria, which is the general sponsor of the national career days. Presenting the company's initiative called “Nestle needs young people”, she wished the students well in finding their first dream career.

Participants included: 1. Job Tiger 2, 3. Nestle Bulgaria PLC. 4. University career centres 5. UniCredit Bulbank 6. AIG 7. The FULBRIGHT Bulgarian-American commission for educational exchange 8. “Dignified labour” - the national network of information offices for the Confederation of Labour 9. ProCredit Bank (Bulgaria) PLC. 10. Societe Generale Expressbank 11. DZI and CiBank 12. KUKUI Corporation 13. Ideal Standard – Vidima PLC 14. The Employment Agency, a member of the EURES network 15. IC “Bul Ins” PLC 16, 17. United Bulgarian Bank 18. Allianz Bulgaria Holding PLC – Svishtov 19. The “Campaign A21” Foundation 20. EDLANTA – Study abroad 21. PROFI CREDIT Bulgaria 22. BON 23. AIESEC Svishtov 24. First Online Solutions 25. The “OZK – Assurance” PLC insurance company 26. FAVO PLC

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The first student scientific session entitled “Debt Management – 2014” has been held at the D. A. Tsenov Academy of Economics.

The first student scientific session entitled “Debt Management – 2014” has been held at the D. A. Tsenov Academy of  Economics. The pioneer event for the Svishtov Alma Mater was organised by the “Finance and Credit” department in accordance with the implementation of project IP2-2013 “Doctoral School of Finance and Master's Research in Financial Sciences” (The students from the Masters degree who participated in the session presented their individual and team developments, representing studies related to the deficit and debt in 22 countries – Belgium, Germany, Greece, Denmark, Estonia, Ireland, Spain, Italy, Cyprus, Lithuania, Luxembourg, Malta, the Netherlands, Norway, the United Kingdom, Romania, Slovakia, Slovenia, Hungary, France, the Czech Republic and Sweden).

The students' work focused on analyses of deficit and debt management in the above-mentioned countries for the period  2000 – 2013. The trends established  confirmed the strong negative effects of the financial and economic crisis of 2008 in these different countries, expressed mainly via higher interest costs on debt instruments. As there were particularly negative indicators found, the students from the Masters degree highlighted the group of EU members who have become known as the PIIGS group (Portugal, Italy, Ireland, Greece and Spain).


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The founder of a leading software company educates students from the Tsenov Academy of Economics

A master-class on "Building Web Applications for Business in the dWare OS Through an Event-Based Approach " was held at the Tsenov Academy of Economics. The forum was attended by students from the third and fourth year in "Business Informatics" and lecturers from the same department.  The guest speaker was Damyan Ivanov, the founder of the company dWare Ltd., Sofia - one of the first Bulgarian software companies which was established in November 10th, 1989. Students were shown the basic steps of working with dWare OS. Along with this, they were shown pre-developed dWare OS applications running in real time for Bulgarian Post PLC and Bulgarian National Radio.  

At the end of the master-class, Damyan Ivanov stressed the importance of the specific role and position of students studying the subject "Business Informatics", namely a combination of specialist economic knowledge and information technology, which is becoming an integral part of business reality. Presentation of this topic involved Diana Dimitrova - the senior expert in "Accounting Systems" for the company.

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2nd International conference of tourism, hospitality and recreation 2014! Poznan, Poland, 19-21.05.2014


The International Conference of Tourism, Hospitality and Recreation 2014 (EJTHR 2014) that will take place in Poznan (Poland), on 19th -21st May, is co-organized by the GITUR – Tourism Research Unit of the Polytechnic Institute of Leiria (Portugal) and two Polish universities: the University School of Physical Education in Poznan and the University of Economy in Bydgoszcz.

The conference is promoted by the European Journal of Tourism, Hospitality and Recreation (EJTHR), and its aim is to bring together scholars, researchers, practitioners and students from all areas of Tourism, that includes all domains of tourism and leisure research.   The EJTHR 2014 intends to promote mutual dialog, interaction and understanding of various stakeholders of tourism research outputs, including academic researchers and scholars, industry professionals, and tourism policy makers and national tourism organizations.

Our keynote speakers are:

·         Professor Dimitrios Buhalis   (Bournemouth University), ·         Profesor Alexis Papathanassis  (The Bremerhaven University of Applied Sciences) , ·         Professor Carlos Costa (The University of Aveiro - Portugal), ·         Professor Antonio Magliulo (President of the Academic Committee of NECSTouR - Network of European Regions for a Sustainable and Competitive Tourism), ·         Professor Ewa Dziedzic (Warsaw School of Economics, Poland), ·         Dr. Lóránt Dávid (The Károly Róbert College, Gyöngyös, The Honorary Associate Professor at Szent István University, Gödöllő in Hungary), ·         Dr. Sofia Eurico (Polytechnic Institute of Leiria, the associate member  of the Tourism Research Group - GITUR), ·         Rob Davidson (University of  Greenwich).

More information you can find on our website http://www.icthr.byd.pl/index.php?id=1 Feel invited!  

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New bilateral agreement was signed in Ukraine

During the official visit by the delegationon from the D. A. Tsenov Academy of Economics on 16.07.2013 at the Kyiv National Economic University, Ukraine a bilateral agreement was signed for cooperation between both universities. It was signed by the Rector of the Tsenov Academy of Economics, Prof. Velichko Adamov, PhD and the Rector of the Kyiv National Economic University, Prof. Pavlenko Anatoliy Fedorovych, DSc – Hero of Ukraine. In educational rankings of Ukraine universities, the Kyiv National Economic University occupies a position in the top three universities in Ukraine and is a leader among the national economic universities.

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