Тhe Faculty of Economics was founded in the autumn of 1991 and was among the first accredited faculties of economics in Bulgaria.

As early as 1998, by a resolution of the National Evaluation and Accreditation Agency, the faculty and the degree programs of Finance, Accounting and Control, and Business Administration became accredited for the next five years.

Since its establishment the basic priorities of the Faculty of Economics have been the development and modernization of teaching and research. Over the past few years the faculty has become a recognized academic and research unit. A large number of full-time and part-time lecturers of national renown, prominent experts in finance, macroeconomics, management, trade, bank and financial law were attracted to work for the faculty. The professional development of faculty own cadre was enhanced and a number of doctorate thesis were defended. As a rule, the tuition is held in books written by the faculty lecturers themselves.

For all these reasons, "Blagoevgrad School of Economics" is expected to win recognition in the training in Finance, Tourism, Management, and Economics of the Social and Cultural Sphere. These are the priority degree programs of the faculty which hold much promise to make a vigorous breakthrough in the education market in Bulgaria by means of qualitative training in the accredited Bachelor's, Master's and Doctor's programs.

All degree programs of Economics have traditionally occupied good positions at the university and they are one of the most preferred programs by the candidate students