FACULTATEA DE MANAGEMENT

ACADEMIA DE STUDII ECONOMICE DIN BUCURESTI

🏛️ Faculty of Management · ASE Bucharest

History of the
Faculty of Management

From the Higher Commercial Studies of 1913 to the national leader in management education — more than a century of academic excellence.

1913 Year the founding
institution was established
110+ Years of academic
tradition
#1 Best faculty
in its field in Romania
📜
1913 – 1947

The Origins — Higher Commercial Studies

April 1913

Founding of the Academy of Higher Commercial and Industrial Studies

By a law adopted in April 1913, the Academy of Higher Commercial and Industrial Studies in Bucharest (AISCI) was founded — the institution from which today's ASE descends. From the very beginning it taught subjects essential to management: transport, industrial technology, applied physics and chemistry, industrial legislation and the practical study of enterprises.

1919

Organisation into sections — the core of management

By royal decree, AISCI was organised into three sections. The Industrial Section (renamed in 1927 “Section II – Industrial Administration”) was the early core of the future Faculty of Management.

1938

Extension to four years of study

Through the 1938 amendments, studies were extended to four years — “general courses” (years I–II) and “special courses” (years III–IV). Section III – Commercial, Industrial foreshadowed the faculty's current profile.

⚙️
1947 – 1989

Reconfigurations in the communist period

1947

Merger with the Academy of Cooperative Studies

AISCI merged with the Academy of Cooperative Studies, forming the Academy of Commercial and Cooperative Sciences, with two faculties.

1948

Institute of Economic Sciences and Planning (ISEP)

Through the education reform, the institution became ISEP, adapted to the requirements of the socialist economy. The Faculty of Planning and Economic Administration appeared, with the following sections:

  • Industrial economics
  • Agrarian economics
  • Commercial and cooperative economics
  • Labour economics
  • Economics of technical and material supply
1958–1959

Integration into the Faculty of General Economics

Following restructuring, the faculty's programmes were integrated into the Faculty of General Economics.

1967–1968

Bucharest University of Economic Studies

The institution became the Bucharest University of Economic Studies (ASE). Among its six faculties was the Faculty of Production Economics, with sections in Industrial Economics and Agricultural Economics.

1971–1975

Successive reconfigurations of the profile

The faculty became, in turn, the Faculty of Industrial Economics (1971) and then the Faculty of Economics of Industry, Construction and Transport (1974), reflecting its expanding specialisations.

1986 – 1990

Temporary merger with the Faculty of Accounting

The faculty merged with the Faculty of Accounting and Agrarian Economics under the name Faculty of Economics of Industry and Agriculture. The merger was dissolved in 1990, and the faculties became separate again.

🔄
1990 – 2010

The transition to the market economy

1990

Birth of the Faculty of Management

The faculty regained its autonomy under the name Faculty of Management, with specialisations in Management in Industry; Management in Construction, Transport and Telecommunications; and General Economics.

1993–1994

Organisation into study modules

The move to a modern organisation based on study modules, bringing flexibility to the academic path.

1995–1996

Introduction of Public Administration

The Public Administration section was introduced, quickly attracting large numbers of students interested in a career in public institutions.

1998–1999

The transferable credit system

Adoption of the transferable credit system and in-depth specialisation tracks, preparing the alignment with European standards.

2005–2006

Implementation of the Bologna System

The faculty adopted the Bologna system — 3-year bachelor's · 2-year master's · 3-year doctorate — making studies easier to recognise across Europe. It was organised into four chairs: Management, Economic Efficiency, Philosophy, and Public Administration and Management.

⭐
2010 – Present

Excellence and national recognition

2010

Separation of Public Administration

The Public Administration section split off to become the Faculty of Administration and Public Management — a recognition of the field's maturity and importance.

2011

Reorganisation into departments — the current structure

The chairs were replaced by departments, in line with European standards:

  • Department of Management — formed by merging the former management chairs
  • Department of Philosophy and Social Sciences — humanities and social education
Present

National leader in management education

The Faculty of Management holds the rating of best faculty in its field in Romania. ASE is ranked 1st in Romania by Times Higher Education and placed in the world top 400–600 in the Impact Rankings.