Bucharest University of Economic Studies
The Bucharest University of Economic Studies (ASE), founded in 1913 as the Academy of High Commercial and Industrial Studies, is Romania's most prestigious institution for business and economic education. With over a century of history, ASE has shaped generations of business leaders, economists, and policymakers who have contributed to Romania's economic development. The university is consistently ranked among the top business schools in Eastern Europe and holds prominent positions in Romanian university rankings. ASE's mission centers on excellence in economic and business education, combining rigorous academic training with practical skills development. The university maintains strong ties with the business community, government institutions, and international organizations, ensuring that its programs remain relevant to current economic challenges. ASE is committed to fostering entrepreneurial thinking, ethical leadership, and global perspectives among its students. The university has earned international recognition through accreditations and memberships in prestigious organizations including AACSB, EFMD, and the European University Association. ASE participates actively in European higher education initiatives and research programs, maintaining partnerships with leading business schools worldwide. With approximately 20,000 students and a distinguished faculty, ASE serves as Romania's primary center for economic thought, business education, and research on economic policy and development.
- Acceptance Rate
- 65.0%
- SAT Range
- 1050–1250
- ACT Range
- N/A
- Avg GPA
- 3.25
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- Tuition (In-State)
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- Tuition (Int'l)
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Student Life & Environment
Student life at ASE reflects broader patterns in Romanian higher education. Most students live with family in Bucharest or rent apartments throughout the city rather than living on campus. This creates a commuter atmosphere where students arrive for classes and often leave afterward rather than lingering in campus spaces. Student organizations exist covering professional interests, cultural activities, and sports. Business competitions attract teams of students working on case studies and presentations. Some students participate actively in these organizations while others focus narrowly on coursework and part-time employment. The surrounding neighborhood offers cafes, restaurants, and shops where students gather between classes. Romanian students often combine study with work, taking part-time positions in the service sector or gaining early experience in entry-level business roles. This practical orientation matches the university focus on preparing students for careers. Sports facilities include gyms and playing fields, though athletic culture does not dominate student life the way it might at American universities. Cultural life in Bucharest provides entertainment options, from clubs and bars to museums and theaters. Students with energy to explore will find plenty beyond campus walls. International students should expect an adjustment period. While English-language programs exist, navigating daily life in Bucharest requires learning some Romanian or finding patient locals willing to communicate in English. The student services office provides orientation support, though resources for international students remain less developed than at universities with longer histories of international enrollment.
Location & Surroundings
Bucharest is a city of contrasts. Grand Belle Epoque architecture stands next to communist-era apartment blocks, with modern glass towers rising between them. The city houses roughly two million people in the urban core, making it by far Romania largest city and the economic heart of the country. The ASE campus sits in a central location accessible by metro and bus. Public transportation covers the city extensively and cheaply, meaning students without cars can get around easily. Traffic congestion makes driving frustrating during peak hours, so most students rely on public transit or walk. Climate brings hot summers and cold winters. July temperatures regularly exceed 30 degrees Celsius, while January can drop well below freezing with occasional snow. Spring and autumn offer the most pleasant weather for exploring the city. Living costs in Bucharest run lower than Western European capitals, though they have risen as Romania economy has grown. Students can find affordable housing in neighborhoods accessible to campus, and dining out remains inexpensive by European standards. Groceries, entertainment, and transportation cost less than students from wealthier countries might expect. The city offers cultural attractions including museums, theaters, and a lively nightlife scene. Day trips can reach mountain resorts in the Carpathians, Black Sea beaches in summer, or historic towns like Brasov and Sibiu. Romania natural beauty lies within reach for students who want to explore beyond the capital.
Costs & Career Outcomes
Tuition at ASE remains affordable by European standards. Romanian citizens pay fees set by the government, typically several thousand Romanian lei per year. EU citizens generally pay similar rates. Non-EU international students face higher tuition, though still modest compared to universities in wealthier countries. Living expenses in Bucharest add to the total cost. Students should budget for rent, food, transportation, and personal expenses. Shared apartments in accessible neighborhoods run a few hundred euros monthly, and basic living remains affordable for students from most countries. Part-time work can offset expenses, with opportunities in service industries and entry-level business roles. Career outcomes vary by program and individual initiative. Graduates enter Romanian companies, multinational corporations with Romanian operations, government agencies, and financial institutions. The Big Four accounting firms recruit actively from ASE, as do major banks and consulting companies with Bucharest offices. The alumni network spans Romanian business and government. Former ASE students hold positions throughout the economy, and these connections help current students find internships and entry-level positions. Career services exist but may require students to take initiative rather than waiting for opportunities to arrive. For students from outside Romania, the degree carries strongest recognition in the region. Those planning careers in Romania or Eastern Europe will find the credential well-understood. Students hoping to work in Western Europe or beyond may need to explain the university to employers less familiar with Romanian higher education. Additional credentials or experience at internationally recognized companies can strengthen career prospects.
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