The department is headed by PhD in Economics, Associate Professor Rahim Farahim oglu Sadiqov. The faculty team consists of 17 members: 1 Doctor of Economics, 8 PhD holders, Associate Professors, and 8 Lecturers. The department offers 41 courses for the 'Management' and 'Marketing' programs. Faculty members also conduct research and publish monographs, textbooks, teaching aids, and scientific articles. Courses and teaching materials are aligned with international standards, and lecture notes are prepared and provided to students.

The department participates in international experience exchange in teaching and research, and implements modern student-centered teaching methods.