Academy of Economic Studies Bucharest
The Academy of Economic Studies Bucharest (ASE) stands as Romania's premier institution for economics and business education, with a distinguished history dating back to its founding in 1913 as the Academy of High Commercial and Industrial Studies. Located in the heart of Bucharest's historic center, ASE has trained generations of economists, business leaders, and public administrators who have shaped Romania's economic development. The university serves approximately 23,000 students across undergraduate, master's, and doctoral programs, making it one of the largest specialized economic universities in Eastern Europe. ASE has earned recognition as a leading center for economic research and education in Southeast Europe, maintaining accreditations from AACSB, AMBA, and other international bodies that validate its academic quality. The university's faculty includes distinguished economists whose research influences policy discussions nationally and internationally. Strategic partnerships with businesses, government agencies, and international organizations ensure that ASE's programs remain relevant to evolving economic realities. The university campus occupies several historic buildings in central Bucharest, with the main building representing an architectural landmark that combines academic tradition with modern facilities. ASE has invested significantly in technology infrastructure, research centers, and student services to support contemporary education. The institution's commitment to internationalization brings students and scholars from across the globe, creating a diverse learning environment.
- Acceptance Rate
- 65.0%
- SAT Range
- 1050–1250
- ACT Range
- N/A
- Avg GPA
- 3.25
- Size
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- Type
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- Tuition (In-State)
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- Tuition (Int'l)
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Student Life & Environment
Student life at the Academy of Economic Studies Bucharest combines rigorous academic work with the cultural opportunities and social energy of Romania's dynamic capital city. The central location means that libraries, cafes, museums, and entertainment venues lie within walking distance of campus buildings. Student organizations cover academic interests, professional development, cultural activities, and sports, with particular strength in debating societies and economics clubs. International student organizations support exchange students from partner universities while connecting Romanian students interested in global perspectives. The university's festival and cultural events calendar brings students together for celebrations marking academic and national occasions. Sports facilities support recreational activity, with university teams competing at regional and national levels. Many students commute from homes in greater Bucharest or surrounding areas, though residential options exist for students from other regions. Part-time employment opportunities in Bucharest's service sector and internships with local companies allow students to gain work experience while studying. Student government provides advocacy and organizes activities that enhance campus life. The academic environment fosters both competition and collaboration, with study groups and peer support complementing individual effort. Career services connect students with employers through job fairs, company presentations, and internship coordination. Alumni mentorship programs pair current students with successful graduates for guidance and networking.
Location & Surroundings
Bucharest provides the Academy of Economic Studies with an exceptional setting in Romania's historic capital, where centuries of European history meet contemporary dynamism in one of the continent's fastest-growing economies. The central campus location places students amid grand boulevards, historic architecture, and modern commercial developments that reflect the city's evolution. Cultural attractions include the massive Palace of Parliament, the Romanian Athenaeum concert hall, the National Art Museum, and numerous theaters presenting Romanian and international productions. The old town district offers restaurants, cafes, and nightlife that make Bucharest a popular destination for young Europeans. Parks and green spaces including Herastrau and Cismigiu provide recreational opportunities within the urban environment. The cost of living remains significantly below Western European capitals while offering comparable quality of life and amenities. Public transportation via metro, buses, and trams makes the city accessible without automobile ownership. Bucharest's position as Romania's economic center means that major employers, government ministries, and international organizations maintain offices near the university. Henri Coanda International Airport provides convenient connections to destinations throughout Europe and beyond. The climate features distinct seasons with cold winters and warm summers, typical of the region. Weekend escapes to Transylvania, the Black Sea coast, and the Danube Delta provide variety for students seeking exploration beyond the capital.
Costs & Career Outcomes
Studying at the Academy of Economic Studies Bucharest offers exceptional value as Romania's leading public business school, with affordable tuition reflecting government support for higher education. Annual tuition for Romanian and EU students runs approximately 3,000 to 5,000 Romanian lei depending on program, representing a fraction of what comparable business education costs in Western Europe. International students from outside the EU pay higher rates though still substantially below Western alternatives. Living costs in Bucharest remain moderate by European standards, with student budgets typically ranging from 1,500 to 2,500 lei monthly for housing, food, and transportation. Scholarship opportunities include merit-based awards, need-based support, and programs specifically supporting students from disadvantaged backgrounds. Many students reduce costs by living with family in Bucharest or sharing apartments with roommates. Part-time work opportunities supplement budgets while providing practical experience. Career outcomes for Academy graduates reflect the institution's dominant position in Romanian business education, with alumni holding leadership positions across banking, consulting, government, and corporate sectors. Major recruiters include multinational corporations with Romanian operations, the Big Four accounting firms, and leading banks. Career services coordinate job fairs, company presentations, and internship placements that connect students with employment opportunities. The alumni network spanning Romanian economic leadership provides mentorship and opportunity for new graduates. European Union membership has expanded career opportunities throughout the continent for graduates seeking international experience.
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