UNEC Business School was established in 2011 based on an academic agreement about the training of faculty, staff and the preparation of master students in business administration and management between Azerbaijan State University of Economics and Moscow State University of Economics, Statistics and Informatics. The school aims at improving leadership qualities of specialists with graduate degrees, teaches systematic knowledge, ability and competence in management skills, provides continuous improvement of specialization, analysis of modern business information, analytical thinking and decision making skills, and helps graduates to prepare for top decision making positions in various corporations and institutions.