Yerevan Haybusak University was founded in 1990 by academician Levon Harutyunyan and is one of the first private universities in independent Armenia. It was granted state accreditation in 2001. Yerevan Haybusak University of Yerevan is recognized by the Ministry of Education, Science, Culture and Sport of the Republic of Armenia. Haybusak University of Yerevan is a small co-educational Institution. Haybusak University of Yerevan offers courses and programs resulting in officially recognized education degrees like bachelor degrees in many areas of study.