Azerbaijan State Economic University

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Azerbaijan State Economic University
Azərbaycan Dövlət İqtisad Universiteti


Established:	1920
Type:	Public
Rector:	Hajiyev Shamsaddin Hummat oglu
Students:	12,000
Location:	Baku, Azerbaijan
Campus:	Urban
Website:	www.aseu.ab.az

Azerbaijan State Economic University (ASEU) (Azerbaijani: Azərbaycan Dövlət İqtisad Universiteti (ADIU)) is a public university located in Baku, Azerbaijan. ASEU consists of 20 faculties and 56 departments with over 12,000 students.

Originally a part of Baku State University, it became a separate, independent institution in 1930. Over the years its name has changed a number of times and it was re-merged and re-separated from Baku State on several occasions. On its creation in 1930, the school was named the Trade-Cooperative Institute. In 1933, the government of Azerbaijan SSR changed the name to the "Azerbaijan Social-Economic University named after Karl Marx" (similar to the naming of the Azerbaijan Medical University named after Nariman Narimanov), and introduced curricula on accounting, law and finance. In 1936 the name was tweaked to the "Azerbaijan Social-Economic Institute named after Karl Marx". With the onset of World War II, ASEU was folded into Baku State University's Department of Economics. By 1944 the school was separated again, this time as the Azerbaijan National Economic Institute. It remained under this name until March 1959, when war caused it to be folded back into Baku State University.

In 1966 the school separated once again, and has remained independent since, initially as the Azerbaijan National Economic Institute named after Dadash Bunyadzade. In 1987 the name was changed to the Finance-Economic Institute; and in 2000 the name was finally changed to its current form by an act of the Azerbaijani government.

In Kurban Said's landmark novel, Ali and Nino, the ASEU building served as Ali's high school.