Bucharest Academy of Economic Studies

The Bucharest Academy of Economic Studies (Romanian: Academia de Studii Economice din București, abbreviated ASE) is a public university in Bucharest, Romania. It was started in 1913 as the Academy of Higher-level Commercial and Industrial Studies (Academia de Înalte Studii Comerciale și Industriale (AISCI)).

Over time, it has become one of the biggest places to learn about economics in Romania and South-Eastern Europe.

Today, the Bucharest Academy of Economic Studies is known as a university for research and learning. It is recognized by the Ministry of Education for its work in teaching and finding new knowledge. ASE is also part of the Universitaria Consortium, a group of top universities in Romania. This makes it a very important school for students who want to study economics and related subjects.

History

The Bucharest Academy of Economic Studies started on April 6, 1913, after a royal decree from Carol I of Romania. It was Romania's first school to teach about business and money.

Over the years, the school changed its name several times. In 1947, it joined with another school. In 1948, it became part of a larger group of schools. By 1968, it was called the Bucharest University of Economic Studies, and that is still its name today.

Institution

The Bucharest Academy of Economic Studies has many students, with over 22,000 learning at different levels in eleven faculties.

The university is also a place for research, with 13 special centers that help with important studies. One special part of the university is the Business Information Technology department, which teaches students how to combine economics with computer skills to prepare them for the modern world.

Format and length of studies

In the 1970s and 1980s, students could earn a master's degree in economics after four years of study. One department, called 'Cibernetics and Informatics,' needed an extra year.

After 1990, students could earn a Bachelor's degree in Economics after finishing their studies. Until 2005, students spent four years studying (five years for the 'Cibernetics and Informatics' department). After that, they could spend two more years to earn a Master's degree, and three years for a PhD.

Since 2005, the university follows a new system. Now, students earn a Bachelor's degree after three years, then spend two more years to earn a Master's degree. The PhD still takes at least three years.

Ranking

The Bucharest Academy of Economic Studies was named the top university in Romania in 2021. It was also recognized as the best university for Economics in Romania in 2018.

Faculties

The Bucharest Academy of Economic Studies has thirteen faculties where students can learn important subjects. Some of these faculties include Business Administration in Foreign Languages, Administration and Public Management, Bucharest Business School, Accounting and Management Information Systems, Business and Tourism, Economic Cybernetics, Statistics, and Informatics, Law, Agrifood and Environmental Economics, Economics, Finance, Insurance, Banking, and Stock Exchanges, Management, Marketing, and International Business.

Each faculty helps students learn skills and knowledge for jobs in these areas.