Sofia being the capital and largest city in Bulgaria, has numerous prestigious higher learning centres that are recognized globally. The universities and colleges enrol thousands of students annually to accommodate the high demand for education. Saint Clement of Ohrid University of Sofia is highly regarded here.

There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Bulgaria higher education provides students with tuition loan as well as other subsidized meals while learning in the higher education institutions. After a student completes his or her studies, he or she can join the corporate world with the skills acquired from higher education.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.