Delegation from the UNWE Headed by the Rector Visited Hebei University of Economics and Business

The Rector Prof. Dr. Dimitar Dimitrov, the Vice-Rector for International Affairs Assoc. Prof. Dr. Yanko Hristozov and the Head of the Accounting and Analysis Department Prof. Dr, Daniela Feschian visited Hebei University of Economics and Business.

During the visit the possibilities to launch two eight-semester Bachelor`s degree programmes taught in English language were discussed: Finance and Accounting / Commerce and Sales. Both programmes are actually operational in both universities and many students have graduated from them. During the negotiations, the curricula were analyzed and a large match was found, which is a compulsory requirement of China's Ministry of Education to fund the programmes.

The training will be conducted in English entirely on the HUEB campus and the UNWE will lead about 40% of the classroom hours by sending lecturers to China.

The programmes will train 240 Chinese students per year. If the programmes are successfully launched more than 960 Chinese students are expected to be enrolled in the programmes in the next four years.

The delegation from the UNWE was welcomed very kindly. In each auditorium of the Chinese university were projected welcoming messages to the UNWE. Meetings were held at official level. On behalf of HUEB they were attended by the President of the University Prof. Liu Bing, Vice Presidents Prof. Li Guijin and Prof. Gao, the Director of the International Exchange Office Prof. Shang Liwei, the Dean of the Faculty of Economics - Prof. Wang Chongrun, the Dean of the Faculty of Accounting Prof. Dr. Li Xiwen and the Deputy Director of the International Exchange Office Prof. Wang Chongrun. Zhang Xiying. On behalf of UNWE the negotiations were led by Rector Prof. Dr. Dimitar Dimitrov, Assoc. Prof. Dr. Yanko Hristozov, Vice Rector for International Affairs and Prof. Dr. Daniela Feschian, Head of the Accounting and Analysis Department. After the official greeting by the President of HUEB Prof. Liu Bing in the Conference Hall of the Chinese university, a welcoming speech was delivered by the Rector of the UNWE Prof. Dimitar Dimitrov. The two leaders talked about the joint future projects and initiatives and wished each other successful work. Ideas for innovative courses and teaching methods were discussed.

The Rector of UNWE and the President of HUEB signed a Memorandum for the establishment of the two dual four-year Bachelor`s degree programmes and a contract for the establishment of Sofia Smart Business Institute, HUEB - the governing body of the programmes. Students will receive dual accredited diplomas from the UNWE and HUEB. Students will pay an annual fee to the UNWE for their tuition.

The programmes could be funded by the Chinese Ministry of Education. The UNWE and HUEB will submit the application documents in September 2024 and after that a response from the Ministry on the funding opportunity would be expected.