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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 100 years.

The University originates from the Free University of Political and Economic Sciences established by Order No.2155 of July, 5th, 1920 of the Minister of National Enlightment. In 1940 /State Gazette, iss. No.126 of June, 7th, 1940/ it was transformed into State Higher Institute of Finance and Administrative Sciences and in 1947 it was reorganized as a Faculty of Economic and Social Studies at Sofia University.

The autonomy of the University was restored under the name Higher Institute of Economics by Decree No.26 /"Messages”, iss. No.10 of February, 1st, 1952/. In 1953 it was named after Karl Marx by Decree No.89 /" Messages”, iss. No. 23 of March, 20th, 1953/.

On April, 27th, 1990 the Academic Council made the decision to reorganize Karl Marx Higher Institute of Economics as a University of National and World Economy. It was officially done by Decision of the National Assembly for establishment and transformation of higher educational schools