The University of National and World Economy /UNWE/ is the largest and the eldest higher economic school in Bulgaria and Southeastern Europe. It has a history of 105 years.

The UNWE was established in 1920 by 11 prominent professors, businessmen and public figures, historians, sociologists and lawyers as the Free University of Political and Economic Sciences.

In 1940 the Free University of Political and Economic Sciences was transformed into the State Higher School of Financial and Administrative Sciences. In 1947 it was transformed into the Faculty of Economic and Social Sciences at Sofia University.

In 1952 the independence of the University was restored under the name Higher Economic Institute In 1953 it was named Karl Marx Higher Economic Institute.

On 27 April 1990 the Academic Council decided to transform Karl Marx Higher Economic Institute into the University of National and World Economy.

The University of National and World Economy /UNWE/ envisages itself in the future as a leader among higher schools in Southeastern Europe educating students and conducting research in the field of economics, management and administration.