Ternopil National Economic University

What Ternopil National Economic University does

West Ukrainian National University (ZUNU/WUNU, formerly Ternopil National Economic University, founded 1966) is a public classical state university headquartered in Ternopil, Ukraine, operating under the Ministry of Education and Science of Ukraine. The institution delivers higher education across 5 faculties, 12 education-research institutes, 4 colleges, and 43 departments, offering 46 bachelor's, 35 master's, 22 PhD, and 14 doctoral specialties. Enrollment exceeds 20,000 students supported by 640 scientific-pedagogical workers, including 150 doctors of sciences and 504 candidates of sciences.

Core services include academic programs in Ukrainian and English, a 10-month preparatory department for foreign students, the SMART University electronic student cabinet, and a 685,000+ unit library with 100,000+ electronic editions and a 49,000+ document institutional repository. Specialized offerings include the School of Polish and European Law (jointly with Jagiellonian University), a Military Reserve Officers Training Center, and the EcoUniversity project with SaveEcoSensor 3.0 environmental monitoring stations.

The business model combines state budget funding for state-placed students with tuition-paying programs (UAH for domestic, USD for international students), supplemented by Erasmus+ and international research grants. Distribution is direct through the central campus and 12 regional institutes across western Ukraine plus a Yerevan (Armenia) institute and college, with international student recruitment handled by the International Relations Office under an invitation-letter process. The university maintains 160+ partnership agreements with universities in 41+ countries and active memberships in EUA, EAIE, and Magna Charta Universitatum.

Name

Ternopil National Economic University

Legal name

Західноукраїнський національний університет

Website

https://tneu.edu.ua

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

51–100 employees

Short description

West Ukrainian National University (ZUNU/WUNU) is a Ukrainian public classical university headquartered in Ternopil, delivering bachelor's through doctoral programs across 5 faculties and 12 regional institutes to over 20,000 students, with international campuses in Armenia and partnerships in 41+ countries.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Comprehensive Doctoral Research Universities (Multi-Disciplinary) (EDAHABAA)

akta.pro secondary industries

Dual/Joint Degree Programs (International) (EDAIABAD), Polytechnic & Applied Sciences Universities (EDAHAEAB)

Keywords

• Higher education services
• Academic degree programs
• International academic mobility
• Vocational college education
• Research university programs

Headquarters

HQ city

Ternopil

HQ country

Ukraine

HQ region

Europe

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. State-funded education: Government-funded student places supported by state budget for eligible Ukrainian students pursuing recognized degree programs
2. Tuition-based programs: Fee-paying students enrolled in various bachelor's, master's, and doctoral programs across all faculties and institutes. Tuition is paid in Ukrainian hryvnia or US dollars according to contract terms.
3. International student tuition: Foreign students pay tuition in foreign currency (USD) or national currency at NBU exchange rate for various programs including preparatory department, bachelor's, master's, PhD, and doctoral studies

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Ternopil National Economic University (now West Ukrainian National University) is a public classical university delivering multi-level higher education — Junior Specialist, Bachelor (46 specialties), Master (35 specialties), PhD (22 specialties), and Doctor of Sciences (14 specialties) — across economics, management, finance, law, IT, international relations, and humanities. The university also operates vocational colleges, a preparatory department for foreign students, English-taught international programs, a Military Reserve Officers Training Center, and academic mobility programs through 160+ international partnerships spanning 41+ countries.

Product overview

West Ukrainian National University (ZUNU) is a classical university offering comprehensive higher education services. The institution operates a multi-level educational structure including 5 faculties (Social-Humanitarian, Economics and Management, Computer Information Technologies, Finance and Accounting, Law), 12 education-research institutes, 4 colleges, and 43 departments. ZUNU provides academic programs across multiple degree levels: Junior Specialist (14 specialties), Bachelor (46 specialties), Master (35 specialties), PhD (22 specialties), and Doctor of Sciences (14 specialties). Key educational services include the SMART University electronic student portal, an extensive library system (Library named after L. Kanishchenko with 685,000+ storage units and 49,000+ repository documents), international academic mobility programs, and preparatory department for foreign students. The university also operates specialized facilities including the Military Reserve Officers Training Center, sports complex 'Economist', student campus, and various international schools and centers.

Differentiator

Problem solved

Functional benefit

Brands

• SMART University: Electronic student cabinet system for academic management
• Екоуніверситет (EcoUniversity)

Products and services

• SMART University Electronic Student Cabinet (Електронний кабінет студента)

Quantifiable outcome

• 14th place among 200 Ukrainian universities in Top 200 Ukraine 2024 ranking
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

15 partnerships are on record, tiered core and minor.

• European Association of Universities (EUA)coreStrategic or Co-development PartnerActive member of the European Association of Universities, participating in European higher education development initiatives and policy discussions
• European Association for International Education (EAIE)coreStrategic or Co-development PartnerMember of EAIE for international education cooperation and exchange of best practices in higher education internationalization
• Magna Charta UniversitatumcoreStrategic or Co-development PartnerSignatory of the Magna Charta Universitatum, committing to fundamental values of university autonomy and academic freedom
• Cross-Border Cooperation University NetworkcoreStrategic or Co-development PartnerActive member of the University Network for Cross-Border Cooperation, participating in regional development and cross-border educational initiatives
• Baltic University ProgrammecoreStrategic or Co-development PartnerMember of the Baltic University Programme for academic cooperation and sustainable development education
• Norwegian-Ukrainian University AlliancecoreStrategic or Co-development PartnerActive participant in Norwegian-Ukrainian university alliance for academic exchange and research cooperation
• Poznan University of Economics and BusinesscoreStrategic or Co-development PartnerOngoing student exchange and semester study programs through Erasmus+ and bilateral agreements with one of Poland's leading economics universities
• University of Prešov (Slovakia)coreStrategic or Co-development PartnerSemester study exchange for Psychology and Negotiation/Mediation programs through Erasmus+ collaboration
• Osnabrück University (Germany)coreStrategic or Co-development PartnerAcademic exchange and training opportunities for students and faculty through Erasmus+ program collaboration
• Varmia-Mazury University in Olsztyn (Poland)coreStrategic or Co-development PartnerSemester study exchange for Law, International Law, and Law Enforcement programs
• DAAD (German Academic Exchange Service)coreStrategic or Co-development PartnerActive partnership with DAAD for student and faculty exchanges, summer school programs, and German language courses
• Erasmus+ Programme PartnerscoreStrategic or Co-development PartnerActively implementing 10+ international Erasmus+ CBHE and mobility projects including ALIOT, VIMACS, WORK4CE, SUDEM, TURBO, MY FARM, COIL-SERENADE, CLIMAN, SUSTED, YouthSOFTPOWER
• 160+ Foreign Universities from 41+ CountriescoreStrategic or Co-development PartnerOver 160 bilateral agreements with universities from more than 41 foreign countries including EU nations, USA, Canada, China, and others for academic exchange and research cooperation
• Jagiellonian University (Poland)coreStrategic or Co-development PartnerCooperation agreement for School of Polish and European Law with teacher and student exchanges, joint conferences, and research publications
• Batumi Shota Rustaveli State UniversityminorStrategic or Co-development PartnerPartnership for joint Media Law International School and academic cooperation

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Kyiv National Economic University named after Vadym Hetman: Another major Ukrainian economics-focused national university with comparable Bachelor's, Master's, and PhD programs in economics, finance, and management. Both are state universities under the Ministry of Education and Science and compete for the same Ukrainian and international student pools.
• Sumy State University: Another Ukrainian classical university with strong international student recruitment and English-language programs across economics, IT, and engineering. Comparable scale (~20,000 students) and similar positioning in international rankings.
• Ivan Franko National University of Lviv: One of Ukraine's oldest and most prestigious classical universities, also based in Western Ukraine. Offers a similarly broad multi-disciplinary portfolio including economics, law, and international relations, and competes with ZUNU for top Ukrainian students and faculty in the region.
• Lviv Polytechnic National University: Ukraine's largest technical university, also based in Western Ukraine. Overlaps with ZUNU in IT, economics, and management programs and competes for the same regional student pool and industry partnerships.
• University of Prešov: Slovak university with which ZUNU has active Erasmus+ exchange in Psychology and Social Work. Similar mid-sized European university with regional draw and comparable international student recruitment approach.
• Poznan University of Economics and Business: Leading Polish economics and business university and ZUNU's named exchange partner under Erasmus+. Comparable in discipline focus (economics, management, finance) and serves as a benchmark for ZUNU's internationalization trajectory.

Broad incumbents

• V.N. Karazin Kharkiv National University: One of Ukraine's oldest classical universities with a comprehensive multi-disciplinary portfolio. Comparable to ZUNU in classical university status and ranking placement, though historically oriented toward Kharkiv's industrial base.
• Taras Shevchenko National University of Kyiv: Ukraine's flagship comprehensive research university with national brand recognition. Much larger and broader in scope than ZUNU, but competes for top applicants across the same economics, law, IT, and international relations disciplines.

Emerging players

• Jagiellonian University: Top Polish research university jointly running the School of Polish and European Law with ZUNU. Comparable classical university structure, much stronger global brand, but partners with ZUNU in dual legal education offerings.
• Osnabrück University: German university with active Erasmus+ student and faculty exchange with ZUNU. Comparable public comprehensive university model with similar disciplines and internationalization profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCzmAJJqajyKzUUvbo5Wo-Ew
• Facebookfacebook.com/TNEUniversity
• Xx.com/TNEUniversity
• Instagraminstagram.com/tneu_official
• LinkedInlinkedin.com/company/ternopil-national-economic-university

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ternopil National Economic University