Bulgaria have one of lowest taxes in European Union – we pay just 10% profit tax and 10% income tax, which makes us attractive destination for foreign investments.
Many big and small companies opened offices here like HP, SAP, vmWare, Johnson Controls, Liebher, etc., on top of them we have some very successful local companies like Telerik, Datecs, Daisy Technology and many others who employ thousands of developers, even some companies from Russia moved their SMT assembly lines in Bulgaria due to the good business conditions.
This of course made great demand for qualified developers and last several years the salaries in IT sector went to the sky 🙂
The state owned Universities are not very flexible they work with obsolete programs and everything is hard to change there, so they couldn’t respond to this new demand sucessfully.
Svetlin saw business opportunity to educate young and motivated people, who want to work in the attractive IT sector and created his private education unit it was first aquired by Telerik and named Telerik academy then he separated himself in new structure named as Software University.
How it works: for many years Svetlin and his lectors accepted about 1000-1500 young people every year, then started extensive education and lot of tests works every week, these who fail on the test go out, so out of these 1500 people about 100-150 left at the end, but these who graduate become really good with programming skills.
How much this cost them? – Almost nothing to these who want to learn, the companies were waiting for developers and paying to Svetlin for every graduated student thousands of Euros for the education.
So it was win-win for both students and SoftUni – they learn almost for free and then get well paid job, he get paid from the companies for providing qualified developers!
Another thing I like about Svetlin is that he put all lectures of SoftUni online and everyone could watch the videos and learn from distance even without going to the SoftUni lectures.
Svetlin himself is quite colorful person, it’s never boring when he is around 🙂
His lectures are quite a show, but what he really can best is to motivate people to move forward and learn.
He know how to promote himself also, no wonder the president of Bulgaria Rosen Plevneliev came to SoftUni new year opening!
His competitors from the state Universities say that he do not produce well educated students, as in his University the emphasis is just on the practical skills, they teach students to PROGRAM and nothing else.
I still do remember my years in the University – out of 5 years education first 2 years we learned anything but what we entered the University for: Mathematics, Drawing with pencils, Chemistry, Resistance of Materials (yes we had to calculate bridges, now I wonder why) and tons of knowledge which now I surely forgot and have just basic remembering about them. This is totally excluded in the Software University. They do not even learn Math there (well learn just the essential stuff like vectors etc which have application in the graphics etc.). Is this good or bad the time will say, but it’s fact that people who finish Software University can start working in Software companies immediately. While these who graduate from normal Universities lack lot of practical knowledge.
In October SoftUni had conference in Borovetz and I was invited to present OLinuXino.
I knew that the people there have mostly interest in Software so I was surprised by the interest which OLinuXino provoked among the students there.
A big crowd surrounded me after the lecture finish.
All pictures from the conference are at https://plus.google.com/photos/+SoftuniBg/albums/6069388286026368673
The complete program is here.