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Izmir University of Economics (IEU) was founded through the efforts of the "Izmir Chamber of Commerce and Health Education Foundation" under Law No. 4633 dated 14 April 2001. The university was established to educate and cultivate young people capable of effective participation in raising the country's economic level.
Historic distinction: IEU is the first private university established in the city of Izmir and the Aegean region. This pioneering status gives the university particular standing in the region.
Scale and academic offering:
Major faculties:
Language of instruction: Primarily English across all programs — IEU's defining feature, reflecting its international business orientation.
Admission: No YÖS required. Standard requirements: high school diploma with reasonable GPA, English-language proficiency (TOEFL/IELTS).
Tuition (annual, international students):
Scholarships: Merit-based scholarships available, including substantial awards for top international applicants.
Campus: Modern campus in Balçova on Izmir's coastal side — beautiful Aegean setting with sea views, modern facilities, and integration with Izmir's business district.
Why Izmir: Turkey's third-largest city and a major Aegean port, with milder climate, lower living costs than Istanbul, established Arab student community, and famous for its open, cosmopolitan atmosphere.
Recognition: YÖK-accredited and recognised across the Arab world and Europe. The English-medium business focus makes IEU graduates particularly attractive to international companies.
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