OYU has obtained a status of juridical person due to the license ¹5 of the Ministry of Justice of Azerbaijan Republic dated October 16, 1996.
OYU has been officially registered as a higher educational institution under resolution ¹86 of the Cabinet of Ministers of Azerbaijan Republic dated July 8, 1996.
On June 12, 1999, the Odlar Yurdu University has been allowed to train its students for Bachelor’s and Master’s degrees under the license ¹019904 (AB series) of the Ministry of Education of Azerbaijan Republic.
OYU is a full member of the International Association of Universities.
In 2002, OYU was awarded a Gold Medal by the French Academy of Assistance for Economy.
The official ceremony, dedicated to the opening of the memorial bust of Azerbaijan’s national leader Heydar Aliyev in OYU, has been held in the university on May 12, 2004.
Personification of Sagacity, a book written by the rector of Odlar Yurdu University Ahmad Valiyev, was published in Azeri using Latin alphabet in early 2002, while its English translation was released in September 2003. 
In 2002, OYU was awarded a Gold Medal by the French Academy of Assistance for Economy.
