Vugar Mustafayev was born in 1986 in Baku. In 2004, he entered the Engineering Economy and Management – Management specialty of the Academy of Public Administration under the President of the Republic of Azerbaijan for a bachelor's degree, and graduated with honors in 2008. From 2010 to 2013, he studied at the "Business Management (MBA)" master's program of Khazar University, majoring in finance and credit.[1][2]
In addition to being a member of the Institute of Internal Auditors, an international association, since 2016, he has obtained the "Certified Internal Auditor (CIA)" – International Internal Auditor qualification, and since 2020 he has the international "IBM Data Science Specialization" – Data Science qualification.[1][2]
He was in military service in the military unit No. N of the Internal Troops of the Ministry of Internal Affairs of Azerbaijan.[3]
He is married and has two children.[2]