On January 29, 2026, the Bulgarian Stock Exchange (BSE) and the Association of Economic Schools in Bulgaria (AESB) signed a Memorandum of Cooperation to promote financial literacy and strengthen connections between education and business. The agreement sets the stage for a long-term partnership aimed at enhancing educational programs related to finance.
Attendees at the signing included Prof. Dr Daniela Feschiyan, Chair of AESB and Head of the Accounting and Analysis Department at the University of National and World Economy (UNWE); Prof. Dr Dimitar Dimitrov, Rector of UNWE; Ms Emilia Ivanova, Vice-Chair of AESB; Ms Diana Stoyanova, Director of the National Trade and Banking High School; Chief Assistant Dr Yasen Daskalov, Secretary of AESB; Assoc. Prof. Dr Manyu Moravenov, Executive Director of BSE; and Dr Snezhana Yotinska from BSE’s Corporate Development Directorate.
Assoc. Prof. Dr Manyu Moravenov stated:
“This Memorandum of Cooperation is a natural continuation of the memorandum previously signed with UNWE. The Bulgarian Stock Exchange has traditionally cooperated with higher education institutions through its BSE Advance programme, so we believe it is necessary to strengthen our ties with secondary schools as well by creating initiatives in support of secondary education, including the development of programmes, virtual training, hands-on training in a real environment, and other educational formats.”
Prof. Dr Daniela Feschiyan said:
“Today, the Association of Economic Schools in Bulgaria and the Bulgarian Stock Exchange implemented an important project – the signing of a memorandum that provides us with a framework for a sustainable and long-term partnership. With this memorandum, the foundations of the bridge between secondary education, universities, and business, which AESB has built over time, are further strengthened. I believe that the implementation of the initiatives under the memorandum will enhance the financial literacy of secondary school students from AESB member schools, as well as their knowledge of capital markets and investments, their functioning, and their role in the economy. I am confident in the successful implementation of our new educational, academic, and applied projects. I highly appreciate the support of the Bulgarian Stock Exchange for innovative activities in Bulgaria’s economic education field.”
Prof. Dr Dimitar Dimitrov added:
“The signing of this memorandum is an expression of UNWE’s consistent efforts to provide its students with education closely linked to practice and the real processes of the financial markets.”
The meeting also included discussions on increasing cooperation between business organizations like BSE—which serves as Bulgaria’s sole stock exchange [source]—and academic institutions through joint initiatives targeting students and educators.
This agreement is part of ongoing efforts by both organizations to create effective dialogue between education providers and practitioners in finance while encouraging informed participation among young people in Bulgaria’s economic life.
The Bulgarian Stock Exchange plays a key role in advancing organized capital markets by providing equal access to information for participants [source], supporting sustainable development through corporate social responsibility [source], and offering platforms for trading equities and other securities [source]. The exchange was established through mergers in 1995 [source] but traces its roots back to earlier decades.
The BSE Advance program specifically aims to improve financial literacy among young people as well as investment professionals within Bulgaria.


