Established on 14 May 1920 as a Higher School of Commerce, thanks to the vision and generosity of the tradesmen and industrialists of the town of Varna, with the intellect, determination and talent of eminent Bulgarian and foreign scientists, University of Economics - Varna has travelled a long way full of creativity and awareness which gives us all the right to be proud. Ninety-two years turned out to be enough to create lasting academic traditions, which uphold and promote its unity, vitality and advancement. Bulgaria`s Black Sea city of Varna is well known as summer capital of Republic of Bulgaria and the pearl of The Black sea. It`s the third largest town in the state, important business, transport, tourism, cultural and educational center.

In 2018 the Department Economics and Management of Commerce will celebrates the 65th anniversary of its foundation (1953-2018) and 70 years from the opening of Economics of Commerce program (1948-2018). The head and founder of the Department Economics and Management of commerce is Prof. Dimitar Georgiev. Today the head of the department is Assoc. Prof. PhD Violeta Dimitrova and the department council counts 10 members, four PhD candidates and tuition inspector.

Department Economics and Management of commerce, carries out direct teaching undergraduate and graduate courses and conduct relevant research and development activities for the development of science and scientific service practice. Lecturers of the department have always strived to meet the requirements for improving the quality of education, effective research work, cooperation between economic and commercial business practice. The department also conducted extensive research on current economics, organization and management of trade, commercial enterprise, marketing, logistics, investment, competition and many others.