The Bucharest Academy of Economic Studies was established in 1913 by Royal Decree and today stands as one of the most important universities in Romania and South-Eastern Europe—the country's largest provider of education in economics, business, public management and administration, and applied modern languages. This gives our Romania portfolio genuine subject depth alongside Politehnica University of Bucharest's engineering focus and University of Bucharest's broad public research identity: ASE is a specialised, dedicated economics and business university, one of the largest of its kind in Central and Eastern Europe.

More than 22,000 students study across ASE's 11–13 faculties, and the university has earned an "A class" designation — ranked as a research-intensive and education university by Romania's National Education Ministry, working in cooperation with the European Universities Association.

Why ASE Stands Out

ASE has been independently ranked Romania's #1 university for Economics and Econometrics by both the Shanghai Academic Ranking of World Universities (2018) and QS World University Rankings (2017) — a specific, subject-level distinction confirmed by two separate major global ranking bodies, not a general institutional claim.

A few more specifics that set ASE apart:

• Accredited by the Romanian Agency for Quality Assurance in Higher Education (ARACIS) with a high degree of confidence, the country's formal quality assurance standard
• Runs the Romanian-Canadian MBA and Romanian-French MBA programmes through its Bucharest Business School (established 2014), both delivered entirely in English through partnerships with international institutions
• Students study two compulsory foreign languages as part of their degree, with access to 11 additional elective languages including French, German, Spanish, Chinese, and Japanese — genuine multilingual grounding built into the curriculum
• Recognised in the World's Universities with Real Impact (WURI) 2021 ranking as one of the most innovative universities globally, specifically placing 37th worldwide for Entrepreneurial Spirit and Industrial Application — the only Romanian university to appear in this particular ranking
• Sports are included in the curriculum for the first two years of study, with fully equipped, free-to-use facilities for basketball, volleyball, football, weightlifting, and tennis

Popular Courses

ASE organises its offering across faculties spanning the full range of business and economic disciplines:

• Business Administration in Foreign Languages (FABIZ) — coursework delivered in languages other than Romanian, aimed directly at international students
• Finance, Banking and Stock Exchange, Accounting
• Marketing, Management, and International Business and Economics
• Administration and Public Management
• Bucharest Business School (MBA) — the Romanian-Canadian and Romanian-French MBA tracks specifically

ASE follows a two-semester academic year, running from early October to mid-February, then from late February to late June. Given ASE welcomes a genuinely moderate number of non-EU degree-seeking students each year, around 600 annually, applicants should apply with a clear sense of the university's international admissions timeline and requirements, which include standard English proficiency documentation alongside academic transcripts.

Career Opportunities & Student Value

ASE positions itself with a clear stated ambition: to be recognised as a leader in social sciences education and research across Central and South-Eastern Europe, backed by genuine research output and academic programme reputation. The Bucharest Business School's MBA partnerships with Canadian and French institutions give postgraduate students a real, dual-influence international business education, rather than a purely domestic curriculum.

Student housing in ASE's residences runs €200–€450 a month, a genuinely affordable figure reflecting Romania's broader cost-of-living advantage over Western European study destinations.

Why Students from Kerala Are Looking at ASE

For Kerala students interested in Business, Economics, or Finance — rather than the engineering focus of Politehnica or the broader academic range of the University of Bucharest — ASE offers a genuine subject specialism backed by real, externally confirmed #1-in-Romania rankings for Economics and Econometrics. Its Bucharest Business School MBA tracks, delivered in partnership with Canadian and French institutions, give postgraduate students international academic exposure alongside Romania's characteristically low cost of living.

Students should approach ASE with realistic expectations about its international cohort size — around 4% of the student body is international, a smaller proportion than some of our larger, more internationally-focused listings, worth weighing for students who prefer a more internationally diverse campus versus one that's more predominantly domestic.

Is ASE Right for You?

ASE could be a strong fit if:

• you're specifically interested in Business, Economics, Finance, or Public Management, rather than engineering or a broader academic degree
• you want a degree from Romania's #1-ranked university specifically for Economics and Econometrics
• you're interested in an MBA delivered through international partnerships with Canadian or French institutions
• building genuine multilingual skills alongside your business degree appeals to you
• affordability is a significant factor, given Romania's lower cost of living relative to Western Europe

Interested in Studying at the Bucharest Academy of Economic Studies?

IRS Study Abroad can walk you through ASE's admissions process, current tuition and scholarship details, and the Romania student visa process from start to finish.

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