International School of Economics 

International School of Economics (ISE) of Azerbaijan State University of Economics was created as a part of the University strategy to intensively internationalize and carry its educating standards towards the one that exist at Western universities.

Along with delivering all courses in English, ISE is playing a model role within the University̕ s as all new educational strategies are first introduced and applied there.

ISE has adapted all its syllabi, study materials as well as course delivery techniques to the ones used at first range Western Universities.

ISE carries a strategy of attracting for teaching graduates of Western Universities that also have an extensive field knowledge. Our professors are graduates of such universities as Cambridge University, London School of Economics and Political Science, University of Miami, University of Alberta, Glasgow University, Rouen Business School, Berlin School of Economics and Law, University of Illinois at Urbana Champaign, University of East Anglia, Stockholm School of Economics and others.

Among those that teach at ISE there are bank and insurance companies vice-CEO̕ s, department heads of Central Bank of Azerbaijan, SOCAR (State Oil Company of Azerbaijan), company directors and other practitioners.

İSE graduates having gained a professional level of knowledge of English as well as an education adequate to the latest World requirements gets easily accepted to Western universities for their master degree study. 82% of 2017 graduates received job offers or master degree acceptances right after the graduation.

ISE takes an advantage of the University̕ s international agreements in terms of exchange students and visiting professors. More than 30 students every year participate as exchange students at universities of UK, Netherlands, France, Republic of Korea, Hungary and Turkey. ISE hosts at average 4-5 visiting professors each year. Foreign students wishing to study at Azerbaijan State university of Economics in English are placed at ISE which in its turn creates an attractive multicultural environment.

ISE manages two double degree programs of UNEC.

  • A program with London University International Programs with academic support of London School of Economics and Political Science.
  • A double degree programs with Montpellier University of France.
  • Intra UNEC two degree program.

ISE offers bachelor degree with majors in

*World Economy


*Accounting and Audit


*Business administration.


Bachelor of Science in in World Economy

This course takes students through the major macro issues relating to the modern world of international business. The course is about the world environment of business addressed at a global, national and regional level. It does not address specific firm management topics, but rather is complementary to those topics.

The course looks at the modern concept of globalization, its causes and effects, the increasing importance of world financial markets, the multinational enterprise and government policies affecting the internationalization of business, and the likely future directions of world business in a global context.

The course reviews the major economies of the world, their participation in the globalization process and a range of economic multilateral institutions. Criticisms of globalization are also discussed. The main goal of the course is to build up the understanding of the theory and policy of the contemporary global economics.

The focus of the course is not only on traditional theories of international economics, i.e. on international trade, finance, and growth but on modern trends of economic development and on the latest empirical research in the most significant spheres of the global economics.

  1. World Economy
  2. International Economics
  3. International economic organizations
  4. International commercila transactions
  5. Transnational corporations
  6. International transport operations

Bachelor of Science in Finance

Bachelor’s degree programs in finance are offered with the option to choose an area of specialization to add focus to students’ career paths. This specialization includes studies in investments, cash flow performance, financial statement analysis, an exploration of financial markets, investment banking and portfolio management. Other areas of specialization include global finance, real estate, risk management and financial services. This program includes subjects:

  1. Finance
  2. Banking
  3. Financial markets
  4. Financial control and audit
  5. Money and banks
  6. Budgeting and treasury

Bachelor of Science in accounting

In a BS program in accounting, the general education courses help students develop basic skills in communications, writing and computers, which can be applied to their work as accounting professionals. Meanwhile, core courses provide students with the specific skills they need to work in the field of accounting. This program includes subjects:

  1. Tax and taxation
  2. Accounting
  3. Audit
  4. Managerial accounting
  5. Financial accounting
  6. Management analysis
  7. Financial analysis
  8. International standards of financial reporting
  9. Financial reporting analysis

Bachelor of Science in Business Administration

The 4-year degree program provides a fundamental education in business and management principles. Programs typically allow students to specialize in one of multiple concentration areas, including international business, finance, real estate, computer information systems, or accounting. BBA programs can offer practical management training that can prepare students to successfully work within a large or small organization.

Programs may emphasize the development of communications, quantitative reasoning, and business analysis skills. Through BBA courses, students can gain knowledge of business practices and processes, understand the role of economics in the world marketplace, and acquire an awareness of global business issues. This program includes subjects:

  1. Human resources management
  2. Marketing
  3. Management
  4. Business administration
  5. Business ethics and social responcibility
  6. International business
  7. Safety of a business
  8. Project management