Bazmavēp was established by Gabriel Aivazovsky and Ghevond Alishan in May 1843,[4] with the initial intention of publishing for three years.

In its earliest decades, Bazmavēp was an economic-philological biweekly journal, aiming to convey enlightening ideas, useful tips, ways to revive economic, political and careful life to the readers.

In the first period, the magazine was occupied by religious-moral programs, the latest discoveries in the fields of science and industry, information about geographical and archeological inventions, nature and the richness of the subsoil.

In the 1860s, Bazmavēp became a scientific periodical, published the works of Armenian and foreign scholars, and contributed to the development of Armenology.

Today, the journal includes scientific, theological, Armenological, historical, linguistic, bibliographic, artistic, educational materials.