Bucharest Academy of Economic Studies

Bucharest Academy of Economic Studies Overview

ASE Bucharest is Romania’s leading economic university, hosting 23,649 students across undergraduate, graduate, and doctoral levels within 13 specialized faculties. Ranked 351-400 in QS World University Rankings by Subject 2025 for Economics and Econometrics, ASE maintains its position as the country’s premier institution for business and economic education. The university operates from its main campus at Piața Romană, featuring modern facilities and comprehensive student services. With 23 research centers endorsed by the National Council of Scientific Research and over 110 international partnerships, ASE delivers cutting-edge education that bridges theory with real-world application. The institution’s commitment to international standards is evidenced by its Bologna Process compliance and strong industry connections throughout Romania and Europe.

Basic Specifications

Specification	Details
Official Name	The Bucharest University of Economic Studies
Abbreviation	ASE
Type	public
Founded	1913
Location	Bucharest, Romania
Academic Status	Education University
Main Campus Address	Piața Romană nr. 8, Sector 1, Bucharest
Academic Staff	1500
Students	23649
Students (int’l)	906

Brief History

Established on April 6, 1913, by Royal Decree of Carol I, the Academy of Higher-level Commercial and Industrial Studies became Romania’s first economic higher education institution. Initially focused on commercial and industrial studies, the academy evolved through significant historical periods, adapting to Romania’s changing economic landscape. In 1967, it was renamed The Bucharest University of Economic Studies, reflecting its expanded academic scope. Since Romania’s EU accession in 2007, ASE has accelerated its internationalization efforts, establishing partnerships with prestigious universities worldwide and developing comprehensive English-taught programs. The period 2020-2025 has seen major digital transformation and infrastructure modernization, positioning ASE as a leader in contemporary economic education and research innovation.

Faculties & Departments

Faculty of Business Administration in Foreign Languages (FABIZ)

• Departments: Business Administration, International Business
• Key programmes for internationals: Business Administration (EN, FR, DE)

Faculty of International Business and Economics (REI)

• Departments: International Economics, International Business
• Key programmes for internationals: International Business and Economics (EN)

Faculty of Finance and Banking (FABBV)

• Departments: Finance, Banking, Insurance
• Key programmes for internationals: Finance and Banking (EN)

Faculty of Management (MAN)

• Departments: Management, Human Resources
• Key programmes for internationals: Management (EN)

Faculty of Marketing (MK)

• Departments: Marketing, Market Research
• Key programmes for internationals: Marketing (EN)

Faculty of Accounting and Management Information Systems (CIGA)

• Departments: Accounting, Audit, Information Systems
• Key programmes for internationals: Accounting and Management Information Systems (EN)

Faculty of Economic Cybernetics, Statistics and Informatics (CSIE)

• Departments: Economic Informatics, Statistics
• Key programmes for internationals: Economic Informatics (EN)

Faculty of Business and Tourism (FAIT)

• Departments: Tourism, Services, Commerce
• Key programmes for internationals: Business Administration in Trading, Tourism, Services (EN)

Other Faculties

Law, Administration and public Management, Agrofood and Environmental, Bucharest Business School (BBS), Theoretical and Applied Economics

Additional Fees

• All Programs (Bachelor): €3,000
• All Programs (Master): €4,000
• Romanian Language (Preparatory Year): €3,000

Admission Deadlines

Admission Step	Timeline
Online Registration Period	April 1 – August 30, 2025
Document Verification	Augest 30, 2025
Language Tests	Not Specified
Entrance Examinations	September 1 – September 20, 2025
Results Publication	September 2025
Place Confirmation	September 30, 2025
Enrollment	September 30, 2025

Accepted Language Certificates

#	English	French
Accepted	IELTS Academic: Minimum Score 6.0 overall. Validity: 2 years. TOEFL iBT: Minimum Score 80 overall. Validity: 2 years. Cambridge FCE: Minimum Score B2 level. Validity: Permanent. Pearson PTE: Minimum Score: 50. Validity: 2 years. TOEIC: Minimum Score: 750. Validity: 2 years.	None
Alternative	Previous degree taught entirely in English Native English speakers (passport verification) 4+ years of education in English-medium instruction	None

University Language Testing

Available after arrival in Romania for conditional admission.

Required Documents

Academic Documents

• High school diploma (apostilled & translated)
• Complete transcripts (apostilled & translated)
• CNRED recognition letter
• Language certificate (if applicable)

Personal Documents

• Passport copy (6 Months)
• Birth certificate (apostilled & translated)
• Medical certificate (fit for studies)
• Criminal record check (apostilled)

Additional

• Letter of acceptance (from ASE)
• Financial guarantee proof
• 2 passport-size photos (3/4 format)
• Study visa (after acceptance)

Translation: All documents must be translated into Romanian by authorized translators and officially endorsed

Internships & Training

Business Administration

• Mandatory Internship: Yes
• Duration: 240 hours
• Partners: Multinational corporations

Finance & Banking

• Mandatory Internship: Yes
• Duration: 240 hours
• Partners: Commercial banks, NBR

Marketing

• Mandatory Internship: Yes
• Duration: 240 hours
• Partners: Advertising agencies, retail

Management

• Mandatory Internship: Yes
• Duration: 240 hours
• Partners: Consulting firms, SMEs

Transport & Campus Access

From Henri Coandă Airport (OTP):

• Express Bus 780 to Piața Romană: €2, 45 minutes
• Airport Taxi: €25-35, 30-45 minutes

• Student discount: 50% on all public transport
• Monthly pass: €10-15 (student rate)
• Metro access: Piața Romană station (direct campus access)

• Main Campus: Piața Romană nr. 8, Sector 1, Bucharest
• Moxa Campus: Str. Tache Ionescu nr. 1 (dormitories and sports)

• Iași: 390 Km (6 hours by car)
• Timișoara: 540 Km (8 hours by car)
• Constanța: 220 Km (3 hours by car)

Academic Excellence Indicators

Research & Recognition

• QS Ranking 2026: 351-400 (Economics & Econometrics)
• THE Rankings 2025: 801-1000 (World University Rankings)
• THE Impact Rankings 2025: 201-300 (improved from 401-600)
• WURI: 155th among Global Top 400
• Research Centers: 23 nationally recognized
• International Partnerships: 400+ active agreements

Notable Achievements

• Only Romanian university in WURI World’s Most Innovative Universities
• Ranked #1 in Romania for Economics by multiple ranking systems
• ROCA Executive MBA ranked 7th globally in QS Executive MBA Rankings 2024

Services

More than a center of academic excellence, the Bucharest Academy of Economic Studies fosters a well-rounded environment that nurtures student success at both national and global levels. From its historic campus in the heart of Bucharest to its extensive global partnerships, ASE fosters a dynamic, inclusive, and opportunity-rich experience that prepares students for leadership in an interconnected world.

The Bucharest Academy of Economic Studies (ASE) is dedicated to delivering a wide array of services that enhance both the academic experience and personal growth of its students.These services are designed to create an enriching environment that fosters learning, innovation, and community engagement.

Academic Support and Resources

Bucharest Academy of Economic Studies offers supplementary academic support to enhance student learning. For instance, the university provides free-of-charge classes in Macroeconomics during the second semester, organized online via the university’s educational platform from March to May.

Additionally, Bucharest Academy of Economic Studies has introduced “Saro,” the first motivational AI in the field of public education, aimed at reducing dropout rates and increasing student satisfaction by providing personalized support. Initially available to students from the Faculty of Marketing, there are plans to expand access to other study programs.

Internationalization and Language Programs

Bucharest Academy of Economic Studies maintains strong international partnerships with over 100 universities worldwide and actively participates in Erasmus+ mobility programs. Students have access to double degree programs, joint research opportunities, and international internships. ​

To accommodate a diverse student body, ASE offers programs in Romanian, English, French, and German. For international students aiming to pursue studies in Romanian-taught programs, the university provides a Preparatory Year in Romanian Language. ​

Student Associations and Extracurricular Activities

Student life at Bucharest Academy of Economic Studies is vibrant and diverse, with numerous student associations contributing to personal and professional development. For example, ASER has been redefining volunteering for over 20 years, impacting the Romanian economic environment through enthusiasm and fresh ideas. Similarly, ASCIG has been contributing to student development through professional, social, and cultural projects for more than 17 years. ​

Career Development and Alumni Network

ASE supports students’ career development through various initiatives, including career counseling and entrepreneurial hubs. The university boasts a strong alumni network, with graduates holding leadership positions across various industries.

Health and Wellness Services

Bucharest Academy of Economic Studies prioritizes the health and well-being of its students by providing accessible medical services. The university operates general medicine and dental clinics located in the Moxa Hall, staffed by qualified healthcare professionals. These clinics offer free medical examinations, treatments, and consultations to students. During their studies, international students must hold valid medical insurance, whether via the European Health Insurance Card or a private provider.

Academic Resources and Facilities

ASE’s Central Library is a vital academic resource, offering extensive collections of books, journals, and electronic resources. Students have free access to study and reading rooms, as well as the ability to borrow materials. The library operates from Monday to Friday, 08:30–20:30, providing ample time for research and study. ​

Additionally, ASE’s publishing house and bookstore, located in the Virgil Madgearu Building, offer academic publications and textbooks to support students’ learning needs.

Accommodation Services

Bucharest Academy of Economic Studies offers accommodation options for students in university-owned residence halls. For international students, the university pre-books rooms in facilities such as the Belvedere A7 Students’ Hall, located approximately 30 minutes from the main campus. These accommodations are equipped with essential amenities to ensure a comfortable living environment.

Thinking about studying at the Bucharest Academy of Economic Studies? Let Stinwo International Agency guide you every step of the way—from choosing the right program to navigating the admission and visa process. Book a personalized consultation with our expert team today and take the first step toward your academic journey abroad!

Student Life

The Bucharest Academy of Economic Studies (ASE) provides a dynamic student experience, combining top-tier academics with a broad spectrum of extracurricular activities. Located in the heart of Romania’s capital city, ASE is more than just a place of higher learning—it’s a thriving community where students from around the world come together to study, collaborate, and create lasting memories.

ASE places a strong focus on academic growth and personal development, offering comprehensive support to students throughout their university experience. From modern facilities and international exposure to career-focused programs and cultural integration, student life at ASE is as dynamic as it is rewarding. Students at ASE benefit from:

• An extensive selection of bachelor’s, master’s, and PhD programs available in several languages ensures diverse academic opportunities at ASE.
• Global collaborations with more than 100 universities and a variety of international exchange programs enrich the academic experience at ASE.
• On-campus accommodation and affordable dining options
• Active student associations and clubs for volunteering, leadership, and social engagement
• Career services, internship support, and networking events with top employers
• Access to cutting-edge academic resources, libraries, and research centers
• Sports facilities and health services promoting a balanced student lifestyle

Whether you’re pursuing a degree in economics, business, public administration, or finance, ASE delivers a student experience that prepares you not only for a career—but for life.

Campus and Facilities

ASE’s campus is equipped with modern facilities, including state-of-the-art lecture halls, computer labs, and a comprehensive library housing over one million volumes . The campus also features sports grounds and various clubs, promoting a balanced lifestyle for students .​

International Exposure

With partnerships spanning over 100 universities worldwide, Bucharest Academy of Economic Studies encourages students to participate in exchange programs and international internships . Programs are offered in multiple languages, including Romanian, English, French, and German, catering to a diverse student body.​

Academic Support

ASE provides robust academic support through supplementary classes, such as free online macroeconomics courses . The university also introduced “Saro,” a motivational AI tool aimed at enhancing student satisfaction and reducing dropout rates.​

Accommodation and Dining

Students have access to university-owned residence halls, offering comfortable living arrangements. ASE also operates canteens that provide affordable and nutritious meals, ensuring students’ well-being.​

Extracurricular Activities

ASE offers a dynamic student life enriched by a wide variety of clubs and student-led associations. Organizations like ASER and ASCIG offer volunteering opportunities, professional development, and cultural events, fostering a sense of community and engagement among students.​

Career Development

The university’s Career Counseling Office assists students in planning their professional paths, offering workshops, counseling sessions, and assistance with internships and job placements . ASE’s strong connections with the business community provide students with valuable networking opportunities.​

In summary, the Bucharest Academy of Economic Studies offers a holistic student experience, combining academic rigor with a plethora of services and activities that prepare students for successful careers and meaningful lives.​

International Student Support

Academic & Learning Support

• ASEBIZ - Business club with networking events
• Marketing Club - Industry workshops and competitions
• Finance Club - Trading simulations and seminars

Student Life & Cultural Integration

• International Food Festival (spring)
• ASE Model United Nations
• Study abroad information sessions

Administrative & Practical Services

• Buddy program with local students
• Romanian language courses (optional)
• Career counseling services
• Academic advising
• Medical support on campus