University of National and World Economy

The University of National and World Economy is a public research university in Sofia, Bulgaria. Notable alumni of the university are five Prime Ministers of Bulgaria – Reneta Indzhova, Stefan Sofiyanski, Ivan Kostov, Marin Raykov and Plamen Oresharski; the current managing director of the International Monetary Fund – Kristalina Georgieva; and the director of the Financial Markets Group at the London School of Economics and former Minister of Finance of Bulgaria Simeon Djankov. History Founding UNWE was founded in 1920 as the Free University of Political and Economic Sciences (FUPES) by Stefan Bobchev and the Russian emigre Peter Bogaevsky with ordinance of the Minister of Public Education. In 1940 FUPES was transformed into the State Higher Education School of Finance and Administrative Sciences (SHESFA) and in 1947 SHESFA was transformed into a Faculty of Economic and Social Sciences at Sofia University.