Quick Summary
Azerbaijan State University of Economics, in Baku, Azerbaijan, is a public that has shaped higher education since 1930. Ranked #1001-1200 globally by QS World University Rankings 2026, it enrolls 18500 students including 5.2% from outside Azerbaijan. Known for strengths in Economics, Econometrics, Business & Management Studies, it maintains an acceptance rate of 25%.
01
Institutional Profile
Who they are
UNEC is the largest economic-profile higher education institution in the South Caucasus, offering double degree programs with London School of Economics and Montpellier University.
Subject Strengths
EconomicsEconometricsBusiness & Management StudiesSocial Sciences
Founded1930
TypePublic
Total Students18500
Intl Students5.2%
Faculty Ratio16.5
CampusUrban
Campus SizeUrban distributed
Affiliated HospitalsNot Available
AccreditationFIBAA, Ministry of Science and Education of the Republic of Azerbaijan
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Global Standing
Three independent ranking systems
QS World 2026
#1001-1200
Quacquarelli Symonds
Times Higher Ed
#1501+
THE World University
ARWU Shanghai
Not Available
Academic Ranking
03
Academics & Research
What you can study
Bachelor's, Master's, MBA, Doctorate
Programs
Available
PhD Programs
Available
Online Programs
UNEC Research Center, Center for Economic Research, Islamic Finance Center
Research Centers
Moderate
Research Output
FIBAA, Ministry of Science and Education of the Republic of Azerbaijan
Accreditation
04
Admissions Brief
What it takes to get in
Entry Requirements
Acceptance Rate25%
IELTS6
TOEFL78
Min GPA2.5
GRENot Available
GMATNot Available
SAT1200
ACTNot Available
Key Dates
FALLApplication Deadline · August 31
SPRINGApplication Deadline · January 15
MAR-APRDecisions Released
Required Documents
TranscriptsSOPEnglish ScoresLORsPassport
Insider Tip
International students should apply via the Ministry of Education portal; focus on high scores in the State Examination Center (SEC) exams for local students.
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Cost Ledger
Amounts in Azerbaijani Manat
UG Tuition
₼4,250/yr
per year · AZN
Living Cost
₼8,500/yr
per year · AZN
PG Tuition
₼5,950/yr
per year · AZN
Application Fee
$50
one time · USD
Total Estimated Annual Cost
₼12,835/yr
tuition + living + essentials · AZN
Scholarships AvailableGovernment Scholarship, Heydar Aliyev Scholarship, UNEC Excellence Scholarship
Avg Scholarship$1,200
Financial AidAvailable for domestic students
Work-StudyLimited
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Featured & Popular Programs
A sample from Bachelor's, Master's, MBA, Doctorate programs total
| Program | Level | Duration |
|---|---|---|
| International Economics | BACHELOR | 3-4 YRS |
| Finance | MASTER | 1-2 YRS |
| Accounting | PHD | 3-5 YRS |
| Business Administration | MBA | 12-24 MO |
| Marketing | BACHELOR | 3-4 YRS |
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Career Outcomes
Where graduates land
$9,600
Average Salary After Graduation
82%
Employment Rate
Internship PlacementStrong connections with PASHA Bank, SOCAR, and Big Four accounting firms
Industry Connections
Central Bank of AzerbaijanMinistry of EconomyState Oil Company of Azerbaijan Republic
Notable Alumni
Ilham Aliyev (Honorary Doctorate), Shahin Mustafayev, Mikayil Jabbarov
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Campus & Student Life
Life beyond lectures
Housing
On-campus available
Sports Facilities
Indoor gymnasium, fitness centers
Student Clubs
UNEC Student Youth Organization, UNEC Debate Club, Entrepreneurship Club
Library Resources
UNEC 24/7 Library, Digital Library System
Exchange Programs
Erasmus+, Mevlana Exchange Programme
Summer Programs
Available