The University is the fundamental educational center teaching the science of economics in the region; Teaching process and training of personnel is in conformity with the American and European educational system; Specialties on Bachelor, Master and Doctorate levels are taught in Azerbaijani, English, Russian and in Turkish languages; The central point of auditorium is student; Student can graduate the university with 2 or more specialties (dual major); Students have opportunities to participate in different exchange programs; There are total 45 chairs on 10 department and 32 specialty chairs; and staff of the University consists of 461 professors and Doctors of Philosophy.