True. I guess her opinion of Bulgarian education is highly subjective But I must admit that Business PhDs from former Eastern Bloc does not impress me all that much. ExUSSR, including Ukraine - even less so. We just didn't have much economic thoughl just 15 years ago (with some exceptions - like Russian mathematician who got Nobel Price for I beleive the "linear programming" optimization technique). And recent years were not exactly great in building any serious scientific schools. The fact that every state official of any stature nowadays seem to obtain higher degrees miraculously do not add to the prestige, too. Well, at least as much sence as Carribean degrees - and Easters European schools are at least real institutions (excluding IUFS, wich passes itself as Russian university but is not). On the strength of a degree alone, no you will not. But apparently, the same is true for Nova. Additionally, all this problems apply to business ("economics") education only. I feel that areas like math and hard sciences still hold their water. I'll be duly impressed with sciences PhD from, say, Taras Shevchenko National University of Ukraine, and even more so - from Moscow State, Moscow Institute of Physics and Technology and Novosibirsk State. They may have lost some (a lot) of their research power but still have great tradition and standards.