Azerbaijan is strategically located at the crossroads of Europe and Asia, making it a hub for business activities between the two continents. The country's growing economy, driven by oil and gas, is expanding into other sectors, offering students firsthand experience in an emerging market.
Universities in Azerbaijan, such as Baku State University and Azerbaijan State Economic University, offer programs in Business, Management, and Economics that are increasingly being recognized globally. Many programs are offered in English and adhere to international academic standards.
Compared to Western countries, the cost of education and living in Azerbaijan is relatively low. This makes it an attractive destination for students looking for quality education without the high costs associated with studying in Europe or North America.
Azerbaijan is known for its rich cultural heritage and diverse population. Studying here allows students to experience a blend of Eastern and Western cultures, enriching their educational experience and providing a broader global perspective.
Azerbaijan's growing economy and presence of multinational corporations provide ample opportunities for internships and networking. This practical experience is invaluable for students pursuing careers in business, management, and economics.
The Azerbaijani government is investing in innovation and entrepreneurship, offering support for startups and business ventures. Students interested in these fields can benefit from various programs and initiatives aimed at fostering new business ideas and entrepreneurial skills.
Azerbaijan is becoming increasingly popular among international students. The presence of a growing international community makes it easier for foreign students to adapt and integrate, while also offering opportunities to build a global network.
Azerbaijan offers a range of post-graduation employment opportunities, particularly in sectors like energy, finance, and technology. The country's evolving economy means there is a demand for skilled professionals in various fields related to business and economics.
Many Azerbaijani universities have strong ties with local industries and government agencies, ensuring that the curriculum is relevant to the current job market. This connection helps students gain practical insights and enhances their employability after graduation.
Azerbaijan is known for its hospitality and safety, making it a comfortable place for international students to live and study. The welcoming nature of the local population ensures that students feel at home during their studies.
University |
Course Program |
Specializations |
|---|---|---|
|
Baku State University |
Bachelor in Business Administration |
Management |
|
Azerbaijan State University of Economics |
Bachelor in Economics |
International Economics |
|
ADA University |
Bachelor of Business Administration (BBA) |
Entrepreneurship |
|
Western Caspian University |
Bachelor in Business Administration |
Human Resource Management |
|
Khazar University |
MBA (Master of Business Administration) |
Strategic Management |
|
Nakhchivan State University |
Bachelor in Business and Economics |
International Business |
|
Baku Engineering University |
Master in Economics |
Economic Analysis |
|
Azerbaijan State Oil and Industry University |
MBA |
Project Management |
University |
Course Program |
Degree Level |
Language of Instruction |
|---|---|---|---|
|
Baku State University |
Bachelor in Business Administration |
Bachelor's Degree |
English |
|
Azerbaijan State University of Economics |
Bachelor in Economics |
Bachelor's Degree |
English |
|
ADA University |
Bachelor of Business Administration (BBA) |
Bachelor's Degree |
English |
|
Western Caspian University |
Bachelor in Business Administration |
Bachelor's Degree |
English |
|
Khazar University |
MBA (Master of Business Administration) |
Master's Degree |
English |
|
Nakhchivan State University |
Bachelor in Business and Economics |
Bachelor's Degree |
English |
|
Baku Engineering University |
Master in Economics |
Master's Degree |
English |
|
Azerbaijan State Oil and Industry University |
MBA |
Master's Degree |
English |
|
Khazar University |
Bachelor in Economics |
Bachelor's Degree |
English |
|
Azerbaijan State University of Economics |
MBA |
Master's Degree |
English |
University Name |
Course Program |
Duration |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Bachelor of Business Administration (BBA) |
4 years |
$2,000 - $4,000 per year |
|
ADA University |
Bachelor of Business Administration (BBA) |
4 years |
$4,000 - $6,000 per year |
|
Khazar University |
Bachelor in Business Administration |
4 years |
$2,500 - $5,000 per year |
|
Baku Engineering University |
Bachelor in Economics |
4 years |
$2,000 - $4,000 per year |
|
Western Caspian University |
Bachelor in Management |
4 years |
$3,000 - $4,000 per year |
University Name |
Course Program |
Duration |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Master of Business Administration (MBA) |
2 years |
$2,500 - $5,000 per year |
|
ADA University |
Master of Business Administration (MBA) |
1.5 - 2 years |
$6,000 - $8,000 per year |
|
Khazar University |
Master in Business Administration |
2 years |
$3,000 - $6,000 per year |
|
Baku Engineering University |
Master in Economics |
2 years |
$2,500 - $5,000 per year |
|
Western Caspian University |
Master in Management |
2 years |
$3,500 - $5,500 per year |
University Name |
Course Program |
Duration |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
PhD in Economics |
3-4 years |
$3,000 - $6,000 per year |
|
ADA University |
PhD in Business Administration |
3-4 years |
$6,000 - $8,000 per year |
|
Khazar University |
PhD in Management |
3-4 years |
$4,000 - $7,000 per year |
|
Baku Engineering University |
PhD in Economics and Management |
3-4 years |
$3,000 - $5,000 per year |
|
Western Caspian University |
PhD in Business and Economics |
3-4 years |
$4,500 - $7,000 per year |
Institution Name |
Course Program |
Duration |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Diploma in Business Administration |
1 year |
$1,500 - $3,000 per year |
|
Khazar University |
Diploma in Management |
1 year |
$2,000 - $3,500 per year |
|
Baku Business University |
Diploma in Economics and Management |
1 year |
$1,200 - $2,500 per year |
|
Western Caspian University |
Diploma in Business Management |
1 year |
$1,800 - $3,000 per year |
|
Azerbaijan Tourism and Management University |
Diploma in Business and Hospitality Management |
1 year |
$2,000 - $3,500 per year |
Institution Name |
Course Program |
Duration |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Certificate in Business Management |
3-6 months |
$800 - $1,500 |
|
ADA University |
Executive Program in Leadership and Management |
2-4 months |
$1,500 - $3,000 |
|
Khazar University |
Certificate in Financial Management |
3-6 months |
$900 - $1,800 |
|
Western Caspian University |
Short-term Course in Strategic Management |
2-3 months |
$1,000 - $2,000 |
|
Baku Business University |
Certificate in Entrepreneurship and Innovation |
3-6 months |
$800 - $1,500 |
University Name |
Course Programs Offered |
Degree Level |
|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Bachelor of Business Administration (BBA), Master of Business Administration (MBA), PhD in Economics, Diploma in Business Administration |
Bachelor, Master, PhD, Diploma |
|
ADA University |
Bachelor of Business Administration (BBA), Master of Business Administration (MBA), PhD in Business Administration, Executive Programs |
Bachelor, Master, PhD, Short-term |
|
Khazar University |
Bachelor in Business Administration, Master in Business Administration, PhD in Management, Diploma in Management |
Bachelor, Master, PhD, Diploma |
|
Western Caspian University |
Bachelor in Management, Master in Management, PhD in Business and Economics, Diploma in Business Management |
Bachelor, Master, PhD, Diploma |
|
Baku Engineering University |
Bachelor in Economics, Master in Economics, PhD in Economics and Management |
Bachelor, Master, PhD |
|
Baku Business University |
Bachelor in Economics and Management, Diploma in Economics and Management |
Bachelor, Diploma |
|
Azerbaijan Tourism and Management University |
Bachelor in Business Management, Diploma in Business and Hospitality Management |
Bachelor, Diploma |
Degree Level |
Primary Intake |
Secondary Intake |
Application Period |
|---|---|---|---|
|
Bachelor Programs |
September (Fall) |
February (Spring, less common) |
December to May (for Fall intake) |
|
Master Programs |
September (Fall) |
February (Spring, less common) |
December to May (for Fall intake) |
|
PhD Programs |
September (Fall) |
February (Spring, less common) |
December to May (for Fall intake) |
|
Diploma Programs |
September (Fall) |
Rolling admissions for some institutions |
Varies, often 2-3 months before start |
|
Short-term Courses |
Various (throughout the year) |
Depends on course offering |
1-2 months before course start |
University Name |
Course Program |
Degree Level |
Tuition Fees (approx.) |
|---|---|---|---|
|
Azerbaijan State University of Economics (UNEC) |
Business Administration, Economics |
Bachelor |
$2,000 - $4,000 per year |
|
|
Business Administration, Economics |
Master |
$2,500 - $5,000 per year |
|
|
Economics |
PhD |
$3,000 - $6,000 per year |
|
|
Business Administration |
Diploma |
$1,500 - $3,000 per year |
|
ADA University |
Business Administration |
Bachelor |
$4,000 - $6,000 per year |
|
|
Business Administration, Leadership and Management |
Master |
$6,000 - $8,000 per year |
|
|
Business Administration |
PhD |
$6,000 - $8,000 per year |
|
|
Executive Programs |
Short-term |
$1,500 - $3,000 |
|
Khazar University |
Business Administration, Management |
Bachelor |
$2,500 - $5,000 per year |
|
|
Business Administration, Management |
Master |
$3,000 - $6,000 per year |
|
|
Management |
PhD |
$4,000 - $7,000 per year |
|
|
Management |
Diploma |
$2,000 - $3,500 per year |
|
Western Caspian University |
Management |
Bachelor |
$3,000 - $4,000 per year |
|
|
Management |
Master |
$3,500 - $5,500 per year |
|
|
Business and Economics |
PhD |
$4,500 - $7,000 per year |
|
|
Business Management |
Diploma |
$1,800 - $3,000 per year |
|
Baku Engineering University |
Economics, Management |
Bachelor |
$2,000 - $4,000 per year |
|
|
Economics |
Master |
$2,500 - $5,000 per year |
|
|
Economics and Management |
PhD |
$3,000 - $5,000 per year |
|
Baku Business University |
Economics and Management |
Bachelor |
$1,200 - $2,500 per year |
|
|
Economics and Management |
Diploma |
$1,200 - $2,500 per year |
|
Azerbaijan Tourism and Management University |
Business Management, Hospitality Management |
Bachelor |
$2,000 - $3,500 per year |
|
|
Business and Hospitality Management |
Diploma |
$2,000 - $3,500 per year |
Degree Level |
Eligibility Requirements |
|---|---|
|
Bachelor Programs |
High School Diploma: Completion of secondary education or equivalent. |
|
|
Language Proficiency: IELTS/TOEFL for programs taught in English; Azerbaijani/Russian proficiency for programs in these languages. |
|
|
Entrance Exam: Some universities may require passing an entrance exam or interview. |
|
|
Minimum GPA: Specific GPA requirements vary by university. |
|
Master Programs |
Bachelor’s Degree: A Bachelor’s degree in Business, Economics, Management, or a related field. |
|
|
Language Proficiency: IELTS/TOEFL for English-taught programs; Azerbaijani/Russian proficiency for other languages. |
|
|
Work Experience: Some MBA programs may require relevant work experience (usually 2-3 years). |
|
|
Entrance Exam: GMAT/GRE may be required for some programs; an interview may also be necessary. |
|
|
Minimum GPA: A competitive GPA from the undergraduate degree. |
|
PhD Programs |
Master’s Degree: A Master’s degree in a related field (e.g., Business Administration, Economics, Management). |
|
|
Research Proposal: A detailed research proposal outlining the intended area of study. |
|
|
Language Proficiency: IELTS/TOEFL for English-taught programs; Azerbaijani/Russian proficiency for others. |
|
|
Academic References: Letters of recommendation from academic or professional referees. |
|
|
Entrance Exam/Interview: Some universities may require an entrance exam or interview. |
|
Diploma Programs |
High School Diploma: Completion of secondary education or equivalent. |
|
|
Language Proficiency: Depending on the language of instruction (English, Azerbaijani, or Russian). |
|
|
Work Experience: Not usually required, but may be beneficial for certain programs. |
|
Short-term Courses |
Educational Background: Varies by course; generally requires a relevant educational background or professional experience. |
|
|
Language Proficiency: Depending on the language of instruction. |
|
|
Professional Experience: May be required for executive or advanced short-term courses. |
Scholarship Name |
Eligibility Criteria |
Coverage |
Application Process |
|---|---|---|---|
|
State Program for the Education of Azerbaijani Youth Abroad |
Azerbaijani citizens pursuing undergraduate, graduate, or doctoral studies in Business, Management & Economics abroad |
Full tuition, living expenses, travel costs |
Apply through the Ministry of Education of Azerbaijan |
|
ADA University Fellowship |
Available for students applying to ADA University’s Business Administration programs |
Full or partial tuition waiver |
Automatic consideration during the application process |
|
Azerbaijan International Development Agency (AIDA) Scholarships |
International students from developing countries applying for business-related programs |
Full tuition, accommodation, and monthly stipend |
Apply through the Ministry of Foreign Affairs of Azerbaijan |
|
Khazar University Merit-based Scholarships |
Available for international students applying for undergraduate and graduate Business & Economics programs |
Partial to full tuition waiver |
Apply during the admission process to Khazar University |
|
Nakhchivan State University Scholarships |
Available for international students applying to Business, Management, and Economics programs |
Partial to full tuition coverage |
Apply through the university's international office |
|
BP Azerbaijan Scholarship |
Available for Azerbaijani students pursuing undergraduate studies in Business, Management, or Economics |
Full or partial tuition |
Apply through BP Azerbaijan's scholarship portal |
Career Path |
Description |
Average Salary (USD per year) |
Key Employers |
|---|---|---|---|
|
Business Analyst |
Analyze market trends, develop strategies to improve business performance |
$8,000 - $12,000 |
PwC, Deloitte, KPMG, EY |
|
Financial Analyst |
Provide financial insights and investment advice |
$7,000 - $11,000 |
SOCAR, Kapital Bank, PASHA Bank |
|
Marketing Manager |
Develop and execute marketing strategies, manage branding and advertising |
$10,000 - $15,000 |
Azercell, Bakcell, Unibank |
|
Operations Manager |
Oversee day-to-day operations, optimize processes for efficiency |
$12,000 - $18,000 |
BP Azerbaijan, Azersu, Silk Way Group |
|
Human Resources Manager |
Manage recruitment, employee relations, and organizational development |
$9,000 - $14,000 |
Azercosmos, AzSigorta, ABB (Azerbaijan) |
|
Entrepreneur/Startup Founder |
Start and manage your own business, driving innovation and growth |
Income varies based on business success |
Various local and international startup incubators |
|
Economist |
Analyze economic trends, provide insights for policy and business decisions |
$6,000 - $10,000 |
Central Bank of Azerbaijan, Ministry of Economy, local universities |
|
Management Consultant |
Advise businesses on strategy, operations, and organizational improvements |
$10,000 - $20,000 |
BDO Azerbaijan, EY, PwC |
|
Sales Manager |
Lead sales teams, develop sales strategies, and manage client relationships |
$8,000 - $13,000 |
Coca-Cola, Azpetrol, Azercell |
|
Project Manager |
Plan and execute projects, manage teams and resources |
$10,000 - $16,000 |
SOCAR, BP Azerbaijan, Unibank |
