The second partner meeting of the Open Mind project just finished. It was hosted by the Faculty of Management, University of Lodz. 
During the last six months the project partnership has elaborated the massive online course in social entrepreneurship and the gamified platform, and in the next 6 months the content will be translated, adapted and a team of 60 mentors will be trained to implement it. The partners gathered for their second project meeting in Lodz, Poland, to discuss the foreseen activities in detail and plan the work for the next months among which is the launch of the platform in November, when it will be piloted in the five countries – Bulgaria, Greece, Poland, Romania and UK.

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INTERNATIONAL STUDENT ESSAY COMPETITION ON "MY CONTRIBUTION TO THE REALIZATION OF THE UN SUSTAINABLE DEVELOPMENT GOALS BY 2030", organized under Project 13-2017 "Youth, Universities and Business – Key Partners in Achieving the Global Sustainable Development Goals", funded by the state subsidy for scientific work intrinsic to D. A. Tsenov Academy of Economics – Svishtov, Bulgaria.


1) Which of the 17 Sustainable Development Goals, adopted by the UN in 2015, do you think is the most important for implementing the idea “The world we want to live in by 2030”? Justify your choice.

2) Which Sustainable Development Goal is the most overlooked in terms of implementing the idea “The world we want to live in by 2030”? Justify your choice.

3) If you could pick one Sustainable Development Goal to form the basis of a course at university, which would it be and why? Explain what you would like to learn in that course.

4) What creative ideas can you define for achieving one of the Sustainable Development Goals? This question asks you to be creative and think about the various ways this Sustainable Development Goal can be achieved.

5) In the city where you go to university, which Sustainable Development Goal could make the biggest change for its sustainable future? Explain why.

Participation in the competition:
The international competition is open to students doing a Bachelor’s or Master’s degree in economics, management and administration and related fields.

Competition guidelines:
1.      Length of the essay – up to 3600 characters or 2 standard pages (A4, TNR14 pt, 1.5 lines).
2.      The deadline for submitting essays at is 30 September 2017.
3.      Each author can participate with one essay only. Authors should indicate their names and surnames, university, major, course, faculty number and e-mail address for feedback.
4.      The essays will be judged by a jury of professors from D. A. Tsenov Academy of Economics – Svishtov and from international universities involved in the project.
5.      The authors, if selected, will receive certificates of participation and their essays will be published on CD with an ISBN.

Official languages: Bulgarian, English, Russian and Spanish.

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The Open Mind adventure started!

Open Mind is an Erasmus+ project, which aims at promoting Social Entrepreneurship to female learners and students from non-business studies through an innovative gamified open online course.

Despite the positive impact that social enterprises have on the economy and society in general, currently the majority of entrepreneurship courses are offered in business and economic studies, so in fact most students have no possibility of taking part in entrepreneurial courses and programs. Eurostat and GEM data show that two-thirds of young people and women in EU believe they do not have the knowledge or skills to start a business, which is one of the most significant barriers to business creation. Investing in entrepreneurship education is one of the highest return investments Europe can make, the Entrepreneurship Action Plan 2020 stresses. This requires the transversal competences, required in social entrepreneurship to become mainstream – not only for students in business studies, but also for those in humanities, arts, sciences and technologies.

To address these challenges, 8 organizations from 5 European countries will jointly develop and pilot an innovative gamified open online course in social entrepreneurship for women and students from non-business studies. The initiative involves: VUZF University of Finance, Business and Entrepreneurship, Business Foundation for Education, D. A. Tsenov Academy of Economics and the technological company 11235 Ltd from Bulgaria; Institute of Entrepreneurship Development in Greece, University of Lodz, Poland, University Titu Maioerescu, Romania and the University of Sheffield, UK.

Open Mind Kick-off meeting in Athens (22 November 2016)

In the next 2 years the partnership will produce 3 main intellectual outputs:

 1. Massive online open course (MOOC) "Introduction in Social Entrepreneurship" for students from diverse fields of study. It will introduce students to the fundamentals of social entrepreneurship: identify opportunity, create a business model, prepare business plan, attract investors, learn how to establish, effectively manage and communicate the activity of a social startup, etc. The course will also contain an E-book of 50 inspiring female social start-ups.

2. Innovative gamified online platform, that will use game design elements to create a highly participative and inspiring learning environment, in which students will explore business concepts and develop key entrepreneurship skills and mindset, while dealing with real cases and challenges. The platform will operate in 5 languages (EN, BG, GR, PL and RO) and will be maintained at least until 2020. 60 trainers will be trained to provide ongoing support to learners. At least 600 students will be enrolled in the course till the end of the project.

3. Impact assessment report will help outline the major outcomes of the project and attract strategic support for the initiative after the project lifetime. It will be presented during the final events in partners' countries.

Gamification is one of the latest trends in the e-learning community that uses game mechanics and characteristics like goals, missions, rules, playfulness, elements of fun, feedback, reward and promotions, applies them to solve the real-world business problem and rewards target user behaviors. Studies show the positive impact digital games and gamification have on learning: they improve self-confidence, motivation and positive engagement with learning; support the development of problem solving and social skills.

The gamification pioneer and guru Yu-kai Chou has listed the Top 10 Social Gamification Examples that will Literally Save the World. Among them are:

  • The puzzle game “Foldit” made a breakthrough in AIDS Research that scientists couldn’t solve for 15 years. With over 240,000 “players” the solution was found in 10 days. 
  • The role playing game “Pain Squad” encourages children who combat cancer to log their pains, thus providing data to doctors on the efficiency of treatment. 
  • Khan Academy enhances learning through gamified online education. The huge collection of educational videos has attracted millions of learners. 
  • Zamzee makes Kids active by making running around epic. Activity rate for children decreased by 60%, leading to obesity, diabetes or even worse diseases. 
  • CrowdRise is a platform that Gamifies charity. It attracted over 33 Million players and have raised hundreds of millions of dollars for non-profits worldwide.
  • OPower makes people responsible with their energy consumption.
  • RecycleBank encourages people to recycle by awarding points, which are redeemable for real goods. The project, backed by Al Gore, has won numerous innovation and business awards. It now has 3 Million members and over 180 employees.
  • FreeRice feeds the hungry by quizzing the intellect through the site UN World Food Programme and has donated rice, enough to feed 10 million people.


Stay updated to learn about the project accomplishments on our Facebook page:


Project No: 2016-1-BG01-KA203-023754 This project has been funded with support from the European Commission. This communication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.


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An Erasmus+ Information Day was held at the Academy of Economics under the title of, “Erasmus+: changing lives, opening minds!”

The Centre for International Cooperation and Projects (CICP) at the D. A. Tsenov Academy of Economics organised an information day for students from Svishtov with the purpose of presenting the Erasmus+ programme and mobility opportunities during the academic year 2015/2016. The meeting was held under the title of, “Erasmus+: changing lives, opening minds!” Participants included students from different majors and courses, the team from the CICP and departmental Erasmus coordinators.

Institutional Erasmus Coordinator, Assoc. Prof. Marusya Ivanova, PhD, introduced the scope of the programme, the partner universities and countries where students can benefit from mobility, and the advantages of taking part in mobility with regards to study or practice. She explained that students from all majors, degrees (Bachelors, Masters and Doctorate) and forms of education (full-time, part-time and distance) can apply for mobility for education in a foreign university and for placements abroad.

Students from the Academy can study in a foreign university which has concluded an inter-institutional agreement for Erasmus+ exchange with the Academy of Economics. For the current academic year, students can choose among 34 foreign universities in 15 programme countries. Outside European Union countries, there are 23 inter-institutional agreements with partner universities from the Erasmus+ programme, in 2 of which students can take part in mobility for education in the summer semester of the academic year 2015/2016.

The number of student mobilities for education and the duration of stay is determined by the Centre for the Development of Human Resources and the inter-institutional agreements concluded for the Erasmus+ programme. Currently, students from the Academy are eligible to apply for a total of 10 mobilities for education, including 8 mobilities in universities in Erasmus+ partner countries, with 2 mobilities in universities in the Russian Federation.

Current employment opportunities for practical mobilities through the Erasmus Consortium in Bulgaria are published on the official website of the Association for the Promotion of the Academic Community (APAO). Currently, students from the Academy are eligible to apply for a total of 10 practical mobility placements abroad.

Assoc. Prof. Marusya Ivanova, PhD, said that European Commission analyses indicated that the biggest barrier to students in the previous programme period was the working language in which mobility was implemented. With regard to this, a new development in the Erasmus+ programme is the opportunity to undertake online language courses in one of six languages – English, German, French, Spanish, Italian and Dutch.

Participants in student mobility for education are subject to selection by the Academy. Successful applicants acquire the status of "Erasmus student", whose rights and obligations are set out in the Erasmus Student Charter and internal academic rules.

A new development for the Academy is the issuance of the Europass Mobility certificate in order to participate in mobility for practical or educational purposes.

With the help of the team at the CICP and the departmental Erasmus co-ordinators, students can choose a foreign university in which to undertake their education. For educational mobility, when choosing the appropriateness of education in the partner university, it is recommended that it should be similar to that obtained in the Academy as a set of disciplines, educational content, workload and number of credits. For practical mobility, one of the conditions is that it should match the thematic area of knowledge or the discipline studied by the student. The aim of mobility is the acquisition of practical skills in a specific discipline which could be recognised as pre-graduation practice.

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Participation in the forum, “Careers at the Hilton, 2015”

At the invitation of the General Manager of the “Hilton Sofia” Hotel – Mr. Stephan Reiter, full-time students from the Bachelor degree disciplines “Commercial Economics” and “Economics of Tourism” were participants in the “Careers at the Hilton, 2015” forum for a second consecutive year on April 29th, 2015. The main message of the initiative was that the hotel and restaurant business provides a unique opportunity for a future career for young people.

The event at the “Hilton Sofia” hotel was held in two sections. During the first section, a real working environment meeting between students and managers of departments at the hotel was held. In the second part, workshops were assembled from managers of departments and their employees in finance and HR, marketing and sales, reception, service and catering.
In front of 20 students from both Bachelor degree disciplines, the managerial team of the “Hilton Sofia” hotel presented internal standards for the activity’s organization, which are included in the conception of the hotel as part of the international chain of “Hilton” hotels. 

Participation in the “Careers at the Hilton, 2015” initiative was evaluated as beneficial for both sides – for the department managers of the hotel and for the students from the “Commercial Economics” and “Economics of Tourism”  disciplines. The department managers from the hosting hotel promoted tests for competencies, qualifications and motivation in the selection and recruitment of staff with appropriate organizational skills, communication skills and team work, and the students became acquainted with the requirements and expectations of the hotel and restaurant business, which provides a competitive advantage in the labour market.


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International scientific-practical jubilee conference on the topic of “European practice and national reflections on planning”

On April 24-th, 2015, an International scientific-practical jubilee conference on the topic of “European practice and national reflections on planning” dedicated to the 60-th anniversary of the “Strategic Planning” department was inaugurated via a solemn ceremony held in the main lecture theatre at the D. A. Tsenov Academy of Economics.

Among the participants were representatives of the Academy of Economic’s partner universities, scientists from the Russian Federation, Ukraine, Lithuania, Moldova, Serbia, Poland, India, the United Kingdom, the USA, Tanzania, lecturers from other Bulgarian higher education institutions, representatives of local government authorities, alumnus of the Alma Mater, executives from institutions in the country, the deans of faculties of the Academy, members of the Academic board, directors of centres, heads of departments, students and members of the academic community.

A report on the development of the “Strategic planning” department at the Academy of Economics was delivered by the Head of the Department.

The department of “National Economic Planning” was founded on January 13th, 1955. Nearly 5000 students who have been employed in different areas of practice were educated for the whole period of the department’s operation, together with over 40 dissertations defended by PhD students, respectively Doctors of Economics and two dissertations by Doctors of Science , over 1000 publications including 171 in the last five years, two disciplines at Bachelor degree level, five Master degree programmes and two PhD programmes, one of which is undergoing the accreditation process.  

The department boasts participation in dozens of international research projects, numerous specializations, Erasmus teaching staff and student mobilities in more than 10 countries, and has participated in the institutions’ management via two rectors, vice-rectors and deans of faculties. Many greetings were presented to the department on the occasion of its jubilee from official guests from foreign countries and Bulgaria, the deputy minister of the Ministry of Environment and Water, Members of Parliament, representatives from higher education institutions in the country, from practice and business, and from deans of faculties and heads of departments at the Academy of Economics.

At the conference, more than 170 representatives of higher education institutions from Bulgarian and foreign countries participated with reports, and also business representatives from 4 continents. According to their profile, the thematic reports were presented in three working sections.

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Teachers and academic lecturers in Svishtov discussed prospects for cooperation between secondary schools and higher economic education in Bulgaria

A methodological meeting once again gathered teachers from secondary schools in Bulgaria and lecturers from the D. A. Tsenov Academy of Economics together in Svishtov. The forum was organised as a traditional side event to the 11th national student competition in Economics at the Svishtov higher school in the fields of “Commerce”, “Tourism”, “Innovation in business”, “Accounting” and “Economics”. The consecutive edition of the student’s contest had a record number of new participants among the 25 secondary schools from the country that were present.

After being welcomed to Svishtov and to the Academy of Economics, the new partners from the schools participating for the first time in the competition and traditional participants were welcomed by the Vice Rector for "Students’ Policy and Academic Development", Prof. Teodora Dimitrova, PhD. "I am glad that you welcomed the initiative by the Academy of Economics" - said Prof. Dimitrova and thanked the teachers for the dedicated work and care with which they educate and train their students. During the meeting, the teachers were presented with the achievements and the attractive portfolio from the specialties which the four departments have developed at the educational and qualification levels of Bachelor, Master and PhD, and also the opportunities which the D. A. Tsenov Academy of Economics offers for continuing education.

In an informal environment the two sides discussed the challenges and prospects for cooperation between secondary schools and higher economic education in Bulgaria.

The teachers had the opportunity to comment on the opportunities provided by the Svishtov higher school to assist teachers in updating curricula, teaching plans and textbooks for the taught disciplines with representatives from the academic community.

Opportunities for future partnerships and joint initiatives contributing to economic education in secondary schools were also discussed.

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Students from the D. A. Tsenov Academy of Economics received training from representatives from the Chamber of Independent Appraisers in Bulgaria

A practical training session for students from the D. A. Tsenov Academy of Economics was held by representatives from the Chamber of Independent Appraisers in Bulgaria, from the Regional Association in Pleven-Lovech. The training session, organised by the department for “Commercial and Tourist Business”, was held for fourth-year full-time students from “Commercial Economics” and “Economics of Tourism”, and was related to the disciplines of “Business Assessment” and “Tourism Assessment” that they study. The topic of the practical session was “Problems and challenges facing business assessment in Bulgaria” and was presented by the Chairman of the Regional Association of Pleven-Lovech from the Chamber of Independent Appraisers, Krasimir Bratanov, and Zdravka Petrova, Vice-Chairman.

The lecturers clarified the main situations which required assessment – privatization; appraisals linked to the Registry Agency; assessments related to insurance etc. Being an appraiser of machinery and equipment, Krasimir Bratanov presented examples from practice related to these kinds of assessments.

Zdravka Petrova, an appraiser of real estate, commented on the specifics of appraisals in this area. The lecturers noted the problems encountered in business appraisals in Bulgaria. To get the students acquainted with the advantages of an appraiser’s profession, they explained the modules that have to be taken to pass the course for obtaining a certificate to be an appraiser.

The high level of activity shown by the students was an indicator of their interest. Within the framework of the discussions that followed they sought answers from the specialists on specific issues. Some of the inquiries from the students were related to appraisals of land, fees regarding different business appraisals and a comparison of business appraisal in practice in Bulgaria and other European countries.

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The D. A. Tsenov Аcademy of Economics awards the honorary title of "Doctor Honoris Causa" to Prof. Krastyo Petkov, PhD Philosophical Science, Chairman of the Union of Economists in Bulgaria

The D. A. Tsenov Academy of Economics awarded the honorary title "Doctor Honoris Causa" to Prof. Krastyo Petkov, PhD Philosophical Science, Chairman of the Union of Economists in Bulgaria. At an official ceremony at the Svishtov university, the scientific and public activities of Professor Petkov were presented to the academic community by the Vice Rector for Training and Scientific Research, Prof. Lyuben Kirev PhD.

Krastyo Petkov is a Bulgarian scientist and politician whose career started in the area of Sociology at the Research Institute for Labour in Sofia in 1968, immediately after he completed higher education. Later he became a university professor, Director of the Institute of Sociology at the Academy of Sciences, and was the founder and first president of the Confederation of Independent Trade Unions in Bulgaria, and the national representative. Currently Prof. Krastyo Petkov is the Chairman of the Union of Economists in Bulgaria. He is the author of over 500 publications. Among his international activities, he was awarded one of the highest Belgian orders, the "Commander of the Crown", by the King of Belgium.

Reasons for the decision by the Academic Council to award Prof. Petkov the honorary title of "Doctor Honoris Causa" of the Academy of Economics were stated during a ceremony presented by the Rector, Prof. Velichko Adamov, PhD. Some of the reasons were related to the specific merits of Prof. Petkov regarding the economic community in Bulgaria, strengthening the authority of the Academy of Economics in national and international scale, and his notable scientific achievements in the fields of economic and social theory.

The academic speech that the new honorary doctor gave was entitled "My teachers and partners in science and politics (Seven stories continued)".

In this lecture, Prof. Petkov presented his "teachers" life in science in a unique way, which included some famous economists, highly qualified teachers, and researchers and politicians of national and international prominence. "The man you should praise is Mahatma Gandhi", said Prof. Krastyo Petkov and ended his academic speech quoting his phrase "Truth is God".


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Career Days at the Tsenov Academy of Economics

At the "National Career Days 2015 - Good Career, Good Life" this year, students from the D. A. Tsenov Academy of Economics met "face to face" with business. The largest forum for student internships and careers in the country was held for the eighth time at the Svishtov university. The forum provided the opportunity for over 1500 students to visit the stands of the 26 participating companies and institutions from the country who represented business and public administration.

Admiring the participation of the companies represented, the Vice Rector said that 150,000 students have been educated at the university in how to successfully manage money in order to rule the world.

Svishtov students and hosts welcomed the organisers of the national career forum. The Manager of JobTiger, Svetlozar Petrov, said that this forum is held because, "business needs young people."

Students from the Academy of Economics obtained useful information and tips during the national forum from the presentations, workshops and case studies that were organized by the companies and organisations participating in the forum. Nestle Bulgaria’s presentation was entitled "Nestle needs young people in an Alliance of Youth" and JobTiger provided information on preparing a CV and cover letter and how it can "win the employer." The Hilton, Sofia, participated with a presentation entitled "Your exceptional future at the Hilton."

The NGO "Teach/Together in Class" held a training session in presentation skills where students were given practical tasks such as planning the presentation, slide preparation and analysing how to give a presentation on stage.


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Master's degree students from the Academy of Economics are among students granted a scholarship from the “Burov” foundation

For a consecutive year, students from the Tsenov Academy of Economics are among the approved candidates for scholarships from the Governing body of the “Atanas Burov” foundation.

Three of all fourteen Bulgarian students approved for scholarships from the foundation for the academic year 2014/2015 are Master's degree students at Svishtovs’ higher educational institution. Irina Pusheva and Pavlin Savov are students from the Master's degree programme “Accounting and Auditing in Non-Financial Enterprises”, and Hristo Hristov studies the Master's degree programme “Financial Management”.

For the three of them this is their first participation in a national contest, but they are excellent students who have participated in academic forums.

The three Svishtov students will “invest” their scholarships from the “Burov” foundation in their education for obtaining a Master's degree. Full-time students in economic disciplines in higher education institutions in our country who have at least very good (5.00) results from their education are eligible to participate in the contest for the “Burov” scholarship. The Svishtov students were selected for scholarships among a total of 100 candidates from 6 higher education institutions who were allowed to participate in the contest.

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A contest was organized by the “Customs” Agency and won by a student from the Tsenov Academy of Economics

The alumni from the Tsenov Academy of Economics won the contest for a students essay on the topic of “Customs in the European Union and the free movement of goods”, organized by the “Customs” Agency. The contest was devoted to the 135th anniversary of the Bulgarian customs administration. At the official ceremony for International Customs Day, the third-year student, Hristo Stefanov, who studies “Finance”, received his prize from the Director of the Agency, Vanyo Tanov.

The first prize in the contest was awarded to Hristo Stefanov by a committee whose members are experts from the National Training Centre and other sections from the “Customs” Agency.

The second prize in the contest was also won by an alumni from the Tsenov Academy of Economics. Her name is Dobrinka Visarieva, a fourth-year student from the speciality of “Economic and Financial Control”. Both students from Svishtov have had excellent grades during their education in the Danube town. The third prize was awarded to their colleague from the University of Economics in Varna.

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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.

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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