Study Business in Bucharest, Romania: Top 10 Reasons

Romania is part of the European Union. All diplomas issued by the member states as well as the periods are recognized by the other EU and EEA states and also internationally through instruments such as the European Credit Transfer and Accumulation System (ECTS), The Diploma Supplement (DS), The European Quality Charter for Mobility, The European Qualifications Framework for Lifelong Learning (EQF), The ENIC Network (European Network of Information Centres on academic recognition and mobility), The NARIC Network (National Academic Recognition Information Centres).

Moreover, The Faculty of Business Administration in foreign languages (FABIZ) diploma carries the prestige of its parent institution: for the fifth consecutive year, the Bucharest University of Economic Studies (ASE) has been ranked first in Romania by the Times Higher Education World University Rankings 2025, and placed 351-400 globally in the QS World University Rankings by Subject 2026.

Moreover, in 2026, FABIZ became the first school in Romania to receive EFMD accreditation, one of the most prestigious international quality labels for business schools, for its Bachelor program and for the Master in Business Strategy and Leadership.

You may start your learning journey immediately by enrolling in one of the BA, MA, or Ph.D. programs taught in a foreign language (English, French, or German).

FABIZ is the only business school in Romania with programs taught 100% in foreign languages, bringing together students from over 30 countries in a truly multicultural environment.

Romania’s official language is Romanian, a Romance language descending from Latin. Many Romanians speak English, French, Italian, or Spanish. During your studies, you may also choose to study Romanian as a foreign language to help you integrate more easily.

Your study program is accredited by the Romanian Agency for Quality Assurance in Higher Education (ARACIS). It is compatible with similar European and international programs. Quality assurance involves benchmarking with international programs and integrating feedback from stakeholders (students, business environment, and alumni).

The Bachelor programme in Business Administration (taught in English, French, and German) and the Master programme in Business Strategy and Leadership are EFMD-accredited, an international recognition of teaching quality.

The FABIZ curriculum is among the most modern in the region incorporating design thinking, digital transformation, new business models, python programming, data science or artificial intelligence and machine learning.

EU and EEA citizens benefit from the same enrolment conditions as Romanian citizens, including state budget financing for their studies. For non-EU citizens, Romania offers quality education at an affordable fee.

For bachelor’s degree programs, the tuition fee per year is:

• for EU citizens is: 10,000 LEI/year
• for Non-EU citizens: 3,500 EUR/year.

Application fee for EU, EEA and Swiss citizens is 200 LEI (first 2 options) and 50 LEI per/ additional option and registration fee for Non-EU citizens is 350 EUR.

For the Master programs the tuition fee is as following:

• for EU citizens: 12,000 LEI/year
• tuition fee for Non-EU citezens: 4,500 EUR/year.

Application fee for EU citizens is 350 LEI, while for Non-EU citizens is 450 EUR.

The tuition fees are paid in two equal instalments, within the first three weeks of each academic semester. However, non-EU students should pay the tuition for the entire year.

Study programs include compulsory internships, meant to facilitate students’ contact with the professional world and prepare them for future employment. FABIZ offers students valuable internship and employment opportunities through partnerships with top companies such as EY, Deloitte, BCR, Kaufland, OMV-Petrom and many others.

FABIZ graduates benefit from an extensive alumni network and business partnerships and have access to diverse opportunities in international business management.

Romania has a dynamic economy, with many international companies present, as well as a low unemployment rate (under 6% and below the EU average rate). There are always part-time employment opportunities during studies and full-time jobs after graduation.

International mobility is available to all students, regardless of nationality, at over 300 partner universities across Europe, the USA, South America, Africa and Asia, through European programs, such as Erasmus+.

Through the Erasmus+ program, FABIZ students can choose from 357 partner universities — 244 with programs in English, 39 in French, 20 in German, 27 in Italian and 27 in Spanish.

You may study for one semester or one academic year at another university or have an internship abroad. Depending on the chosen Master program, students may benefit from two study trips to European countries, engaging with top universities and companies, or from double degree opportunities.

Romania offers a comfortable student life for any budget (400-800 EUR/month). It has an affordable cost of living, a variety of delicious food and drinks, national and international, one of the fastest internet connectivity in the world, cheap public transportation, and facilities for students.

Compared to other European capitals, Bucharest is budget-friendly: rent, food and public transport are much cheaper than in Western Europe, and the city boasts over 37 parks and green spaces, providing a balance between urban life and relaxation. At the same time, Bucharest-Ilfov has emerged as one of Europe’s most dynamic economic regions, ranking in the Top 10 for GDP per capita in Purchasing Power Standards (PPS).

Romania is a safe country, with no major security concerns. It has a criminality rate below the EU average. Bucharest itself stands out as a remarkably safe city. According to Numbeo’s Crime Index, Bucharest has a low crime index of 28.13, indicating a high safety level. In comparison, London has a crime index of 55.22, and Los Angeles stands at 53.77, making Bucharest significantly safer than these major cities.

With a rich history, a diverse culture, and a pleasant climate, Romania offers many travel opportunities between the Carpathian Mountains and the Danube Delta, and the Black Sea.

The country experiences all four seasons, with hot summers, colorful autumns, cold but charming winters, and blooming springs — a variety that makes outdoor activities enjoyable year-round, from beach days to Christmas markets. Romania is also a hub for travel to other countries in the EU or the Mediterranean area. From Bucharest, a weekend trip to Constanța (seaside) or Brașov (mountains) is just a 2-3 hour train ride away.

Romanians are friendly and hospitable. There are no significant incidents of racism, especially regarding international students. Every year, thousands of international students choose Romania as their host country.

Bucharest is home to diverse communities from all over the world, making it easier for international students to adapt and feel at home. Social and cultural life is vibrant and satisfies all tastes, especially in big cities.

At FABIZ, this diversity is part of everyday student life: events such as the Intercultural Day celebrate cultural diversity and promote the exchange of ideas between students from over 30 countries.