1. Quality Education: Romanian universities offer MBA programs that are designed to provide a solid foundation in business and management principles. Many programs are taught by experienced faculty members with expertise in various business fields.
2. Affordable Tuition: Tuition fees for MBA programs in Romania are often more affordable compared to many Western countries, making it an attractive option for students seeking quality education without incurring significant debt.
3. Cultural Experience: Studying in Romania offers a chance to experience a unique blend of cultures, historical landmarks, and traditions. You'll have the opportunity to immerse yourself in a diverse cultural environment while pursuing your MBA.
4. English-Taught Programs: Many MBA programs in Romania are offered in English, making them accessible to international students who may not be fluent in Romanian.
5. EU Membership: As a member of the European Union (EU), Romania provides opportunities for students to benefit from EU-funded research projects and collaborations, fostering a dynamic academic environment.
6. Networking Opportunities: MBA programs often attract students from diverse backgrounds and nationalities, providing you with valuable networking opportunities and exposure to different business perspectives.
7. Entrepreneurship and Innovation: Romania has a growing entrepreneurial ecosystem, and some MBA programs may focus on entrepreneurship and innovation, equipping you with skills to start your own business or contribute to innovative projects.
8. Location and Connectivity: Romania's strategic location in Europe provides convenient access to other European countries, making it easier to travel and potentially explore business opportunities beyond Romania's borders.
9. Business Internships: Some MBA programs in Romania may offer opportunities for internships or collaborations with local businesses, providing hands-on experience in real-world business settings.
10. Career Opportunities: An MBA degree can enhance your career prospects by opening doors to managerial positions, leadership roles, and specialized business functions. Romania's growing economy may offer opportunities for business professionals.
University |
Course Duration |
Specialization |
---|---|---|
Bucharest Business School, Bucharest University of Economic Studies |
1 year (full-time), 2 years (part-time) |
General Management, Entrepreneurship and Innovation, Financial Management, Marketing Management, Business Transformation and Consulting, Project Management, Digital Business and IT Management |
Faculty of Business, Babeș-Bolyai University |
2 years (part-time) |
General Management, Strategic Management, Marketing, Human Resource Management, Financial Management, Entrepreneurship, Business Ethics |
Faculty of Economics and Business Administration, Alexandru Ioan Cuza University |
2 years (part-time) |
Strategic Management, Business Consultancy, Marketing, Human Resources, Project Management, Banking and Finance, Entrepreneurship and Innovation |
West University of Timișoara, Faculty of Economics and Business Administration |
1.5 years (full-time), 2.5 years (part-time) |
General Management, Entrepreneurship, Marketing, Financial Management, Human Resources, Project Management, Healthcare Management, Public Administration Management |
ASEBUSS - The Executive MBA program of the Bucharest University of Economic Studies |
2 years (part-time) |
General Management, Strategy, Marketing, Finance, Entrepreneurship, Leadership, Innovation |
Faculty of Economics and Business Administration, Ovidius University of Constanța |
1.5 years (full-time) |
Strategic Management, International Business, Entrepreneurship and Innovation, Marketing, Financial Management, Human Resource Management |
Romanian-Canadian MBA, Tiffin University in partnership with the Romanian-American University |
1 year (full-time) |
General Management, Financial Management, Marketing Management, Human Resource Management, Information Systems Management |
ASEBUSS - The EMBA for Entrepreneurial Growth program of the Bucharest University of Economic Studies |
2 years (part-time) |
Entrepreneurship, Innovation, Business Development, Strategy, Leadership |
1. Fall Intake (October): This is the primary intake for most universities in Romania. The academic year typically starts in October, and the application period for MBA programs usually opens several months before that, often in the early months of the year (January to April). It's recommended to start researching and preparing your application well in advance, as some programs might have early deadlines.
2. Spring Intake (February/March): Some universities might offer a smaller intake in the spring semester, starting around February or March. This intake might have a more limited number of available programs and seats, so it's essential to check with the specific university you're interested in to see if they offer a spring intake for MBA programs.
University |
Course Specializations (Sample) |
---|---|
Bucharest University of Economic Studies - Bucharest Business School |
General Management, Entrepreneurship and Innovation, Financial Management, Marketing Management, Business Transformation and Consulting, Project Management, Digital Business and IT Management |
Babeș-Bolyai University - Faculty of Business |
General Management, Strategic Management, Marketing, Human Resource Management, Financial Management, Entrepreneurship, Business Ethics |
Alexandru Ioan Cuza University - Faculty of Economics and Business Administration |
Strategic Management, Business Consultancy, Marketing, Human Resources, Project Management, Banking and Finance, Entrepreneurship and Innovation |
West University of Timișoara - Faculty of Economics and Business Administration |
General Management, Entrepreneurship, Marketing, Financial Management, Human Resources, Project Management, Healthcare Management, Public Administration Management |
Romanian-American University - Romanian-Canadian MBA program |
General Management, Financial Management, Marketing Management, Human Resource Management, Information Systems Management |
Tiffin University in partnership with Romanian-American University - Romanian-Canadian MBA program |
General Management, Financial Management, Marketing Management, Human Resource Management, Information Systems Management |
ASEBUSS - The Executive MBA program of the Bucharest University of Economic Studies |
General Management, Strategy, Marketing, Finance, Entrepreneurship, Leadership, Innovation |
ASEBUSS - The EMBA for Entrepreneurial Growth program of the Bucharest University of Economic Studies |
Entrepreneurship, Innovation, Business Development, Strategy, Leadership |
Ovidius University of Constanța - Faculty of Economics and Business Administration |
Strategic Management, International Business, Entrepreneurship and Innovation, Marketing, Financial Management, Human Resource Management |
Dimitrie Cantemir Christian University - Faculty of Management in Commerce, Tourism, and Services |
General Management, Marketing, Entrepreneurship, Human Resources, Financial Management |
1. Public Universities (EU Students): EU students often benefit from lower tuition fees at public universities in Romania. Tuition fees for MBA programs for EU students can range from approximately €2,000 to €8,000 per academic year. These fees can vary depending on the university and the specific program.
2. Public Universities (Non-EU Students): Non-EU students generally pay higher tuition fees compared to EU students at public universities. Tuition fees for MBA programs for non-EU students can range from approximately €3,000 to €10,000 or more per academic year, depending on the university and program.
3. Private Universities: Private universities in Romania often have higher tuition fees compared to public institutions. The tuition fees at private universities for MBA programs can vary widely, with some programs costing between €5,000 and €15,000 or more per academic year.
4. Scholarships and Financial Aid: Some universities in Romania offer scholarships and financial aid to both EU and non-EU students. These scholarships can help offset the cost of tuition. Be sure to check with the specific university and program for information on available scholarships and application procedures.
5. Additional Costs: In addition to tuition fees, students should budget for living expenses, which can vary depending on the city and lifestyle. Accommodation, transportation, food, and other living costs should be considered when planning your budget.
Expense Category |
Estimated Cost (per month) |
Estimated Cost (per year) |
---|---|---|
Tuition Fees |
€2,000 - €10,000 |
€6,000 - €30,000 |
Accommodation |
€250 - €500 |
€3,000 - €6,000 |
Food |
€150 - €300 |
€1,800 - €3,600 |
Transportation |
€30 - €60 |
€360 - €720 |
Health Insurance |
€20 - €50 |
€240 - €600 |
Books and Supplies |
€30 - €50 |
€360 - €600 |
Miscellaneous/Leisure |
€100 - €200 |
€1,200 - €2,400 |
Total |
|
€13,960 - €44,320 |
1. Bachelor's Degree: Typically, you need to hold a bachelor's degree or its equivalent from a recognized institution. Your degree can be in any field, but some programs may prefer applicants with a business-related background.
2. Work Experience: Many MBA programs, especially those designed for professionals, require a certain amount of work experience. This can vary but is often around 2-5 years of relevant professional experience.
3. Academic Transcripts: You'll likely need to provide official transcripts from your previous educational institutions to demonstrate your academic background.
4. Letters of Recommendation: Some programs may require letters of recommendation from professional contacts who can vouch for your work experience, skills, and potential for success in the MBA program.
5. Statement of Purpose (SOP): A well-written statement of purpose explaining your motivations for pursuing an MBA, your career goals, and how the program aligns with your aspirations.
6. CV/Resume: A detailed curriculum vitae (CV) or resume that highlights your professional background, work experience, achievements, and skills.
7. Standardized Test Scores: While not always mandatory, some MBA programs might require standardized test scores like the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination). Check the specific program's requirements.
8. Language Proficiency: If the program is taught in English and English is not your native language, you might need to demonstrate proficiency through tests like TOEFL or IELTS.
9. Interview (Possibly): Some universities or programs might require an interview as part of the selection process.
1. Application Form: Complete the university's official application form, which can usually be submitted online through the university's admissions portal.
2. Bachelor's Degree Certificate: Provide a copy of your Bachelor's degree certificate from a recognized university. Some universities may require an officially certified translation if the documents are not in the Romanian language.
3. Transcripts: Submit official transcripts of your academic records from your Bachelor's degree program. These transcripts should include details of the courses you've taken and the grades you've received.
4. Resume or CV: Include an updated resume or curriculum vitae that outlines your educational background, work experience, skills, achievements, and any relevant certifications.
5. Letter of Motivation or Statement of Purpose: Write a letter explaining your reasons for pursuing an MBA degree, your career goals, and how the program aligns with your aspirations.
6. Letters of Recommendation: Provide letters of recommendation from academic or professional references who can speak to your skills, abilities, and potential for success in the MBA program.
7. Language Proficiency Test Scores: If the MBA program is taught in English, you may need to provide language proficiency test scores, such as IELTS or TOEFL.
8. Work Experience: Some MBA programs require candidates to have a minimum number of years of work experience. Provide documents or certificates that verify your work experience.
9. Passport Copy: Provide a copy of your passport or other identification documents.
10. Application Fee: Some universities may require payment of an application fee. Check the university's official website for details.
11. Interview: Some universities might conduct interviews as part of the selection process. Prepare for the interview by researching the program and the university.
1. University Scholarships: Many universities in Romania offer scholarships to international students based on academic excellence, leadership potential, and other criteria. These scholarships might cover tuition fees, living expenses, or a combination of both.
2. Government Scholarships: The Romanian government and its agencies may offer scholarships to international students, including those pursuing MBA programs. These scholarships may be available through the Ministry of Foreign Affairs or the Ministry of Education.
3. Corporate Scholarships: Some companies or organizations in Romania might offer scholarships or financial assistance to students pursuing MBA programs, especially if there's a potential for collaboration or employment after graduation.
4. Private Foundations and Organizations: There might be private foundations, non-governmental organizations, and other entities that offer scholarships to international students studying in Romania.
5. European Union Programs: If you are an EU citizen, you might be eligible for various EU-funded scholarship programs designed to support education and mobility within EU member states.
6. Embassy Scholarships: Embassies of various countries in Romania sometimes offer scholarships to students from those countries to study in Romania.
7. Merit-Based Scholarships: Some universities might offer merit-based scholarships specifically for MBA students who demonstrate outstanding academic and professional achievements.
8. Partnership Scholarships: Universities may have partnerships with other institutions or organizations that provide scholarships for students in specific fields or programs, including MBA.
1. Business Manager/Executive: MBA graduates often work as business managers or executives in various industries, overseeing operations, strategy, and decision-making. Salaries can vary widely based on the industry and company size, ranging from around €30,000 to €70,000 or more per year.
2. Financial Manager: MBA graduates with a finance specialization can work as financial managers, handling financial planning, analysis, and management. Salaries for financial managers can range from approximately €35,000 to €70,000 or more annually.
3. Marketing Manager: Marketing managers develop and execute marketing strategies to promote products or services. Salaries for marketing managers in Romania can range from around €25,000 to €60,000 or more per year.
4. Human Resources Manager: HR managers are responsible for recruiting, employee development, and managing workforce policies. Salaries for HR managers can range from approximately €30,000 to €60,000 or more annually.
5. Consultant: MBA graduates can work as consultants, either independently or within consulting firms, advising companies on various business challenges. Consultant salaries vary widely based on experience and expertise, with potential earnings ranging from €25,000 to €70,000 or more per year.
6. Entrepreneur/Startup Founder: Some MBA graduates choose to start their own businesses or join startups. Earnings can vary significantly based on the success of the venture.
7. Supply Chain Manager: MBA graduates with a focus on operations or supply chain management can work in roles that involve optimizing the supply chain and logistics processes. Salaries for supply chain managers can range from approximately €30,000 to €60,000 or more annually.
8. Project Manager: MBA graduates can work as project managers, responsible for planning, executing, and managing projects within organizations. Project manager salaries can range from around €25,000 to €60,000 or more per year.