Updated on Jan, 10 2025 08:11 IST
Study Economics in Romania: Fees & Admission
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Learning about how wealth is created, consumed, and transformed, is what we learn when we choose to study economics in Romania. Since the creation of wealth is a global phenomenon, economics also combines psychology, analysis, and various other subjects to extend the field to the level of research where new methods of meeting the supply based on demand can be met productively. You can be a part of creating strategies for companies or for your business where you disrupt an entire industry by forming new methods of generating profit based on analysis of data, and the psychology of consumers. Want to know more about the admission process to study economics in Romania? We have compiled a list of criteria and procedures that can make things easier for you.
Below are a few reasons to study Economics in Romania:
Global Recognition: Economics degrees offered in English are recognized globally; hence, it becomes easier for students to practice the profession anywhere they want.
Affordable Fees: The maximum tuition fee to study economics in Romania is around 4,000 Euros per year which is quite affordable as compared to other countries in Europe.
Quality Education & Other Facilities: Starting with the curriculum to the method used to study economics in Romania, the universities offer world-class facilities to students so that they get a global exposure before they enter the field.
Practical Experience: In addition to the global curriculum, universities in Romania provide comprehensive practical exposure to students studying economics.
Higher Education: After 3 years of a bachelor’s degree in economics, you can choose to pursue a master’s either from the same university or some other institute based on your interests and eligibility.
Programs Taught in English: English is a comfortable medium of instruction for international students and universities in Romania offer English as a language of instruction when you choose to study economics in Romania.
Schengen Visa: A Schengen Visa allows non-EU nationals to travel to other Schengen areas within 90-180 days of their visa approval. A visa for Romania is also a Schengen Visa and you can get the benefits of it as well.
Below is a list of eligibility criteria that are essential for you to know to study Economics in Romania. We have mentioned the criteria for bachelor’s and master’s programs separately.
Eligibility Criteria – Study Economics in Romania – Bachelor’s
Educational criteria: Students need to have a high school or equivalent degree, preferably in the commerce or arts stream with economics and computers as compulsory subjects. The aggregate need to be 60% at least.
Application criteria: Application forms for respective universities should be filled correctly and before the due date.
Entrance Exam: Certain universities conduct entrance exams for language proficiency assessment which is also mandatory to clear.
Additional criteria: 2-3 signed letters of recommendation from the previous university, a medical certificate for fitness, and a statement of purpose are some additional documents that may be required from the students.
English proficiency requirements: To study economics in Romania, you can choose from English, and Romanian. To prove your language proficiency in any of these languages, you can either submit an MOI (medium of instruction) certificate issued by the previous university or you can appear and clear the below tests:
IELTS: 6.5 and above
TOEFL: 70 and above
CAE, CPE, AQA, DELF, DALF, TCF, TEF, TFI, Diplome de l’Alliance Française, bilingual class certificate.
Eligibility Criteria – Study Economics in Romania – Master’s
Educational criteria: Students need to have a bachelor’s in economics or an equivalent degree with an aggregate of 60% at least.
Application criteria: Application forms for respective universities should be filled correctly and before the due date.
Entrance Exam: Certain universities conduct entrance exams for language proficiency assessment which is also mandatory to clear.
Additional criteria: 2-3 signed letters of recommendation from the previous university, a medical certificate for fitness, and a statement of purpose are some additional documents that may be required from the students.
English proficiency requirements: To study economics in Romania, you can choose from English, and Romanian. To prove your language proficiency in any of these languages, you can either submit an MOI (medium of instruction) certificate issued by the previous university or you can appear and clear the below tests:
IELTS: 6.5 and above
TOEFL: 70 and above
CAE, CPE, AQA, DELF, DALF, TCF, TEF, TFI, Diplome de l’Alliance Française, bilingual class certificate.
Application forms for respective universities should be filled correctly and before the due date which is generally in the month of July. The next slot starts in September and ends in February or March. Team Anigdha will help you figure out the university and courses that suit you best. Our experts will be by your side at every step of the way to maximize the chances of approval of your application.
Here is the list of documents required to be attached to your application form to study Economics in Romania – Bachelors:
A Copy of a Valid Passport (Front and Back)
A National ID (Aadhar Card)
10th, 11th and 12th Marksheets (Academic)
Passport size photo (4-5, with white background)
School Bonafide Certificate
Language Proficiency Marksheets (IELTS/TOEFL)
Medical Fitness Certificate
2-3 Letters of Recommendation from School
Birth Certificate
Here is the list of documents required to be attached to your application form to study Economics in Romania – Masters:
A Valid Passport (Front and Back)
A National ID (Aadhar Card)
10th, 11th and 12th Passing Certificates (Academic)
Graduation Passing Certificate (Bachelor’s Degree)
Passport size photo (5-6, with white background)
School Bonafide Certificate
Medical Fitness Certificate
Language Proficiency Marksheets (IELTS/TOEFL)
2-3 Letters of Recommendation from School
Birth Certificate
To study economics in Romania, you can choose from English, and Romanian. To prove your language proficiency in any of these languages, you can either submit an MOI (medium of instruction) certificate issued by the previous university or you can appear and clear the below tests:
IELTS: 6.5 and above
TOEFL: 70 and above
CAE, CPE, AQA, DELF, DALF, TCF, TEF, TFI, Diplome de l’Alliance Française, bilingual class certificate.
A bachelor’s in Economics lasts for 3 years. Learn all about different methods used in the field of economics today.
A master’s in Economics spans 2 years. Discover or research new techniques related to national, international, or global Economics.
Below is the fee structure of the Romanian universities where you can seek admission into a bachelor’s or master's degree course to study Economics in Romania:
| Name of the University | Bachelor’s fees/year | Master’s fees/year |
|---|---|---|
| Romanian-American University | 3,200 - 3,500 | 3,200 - 3,500 |
| Babes-Bolyai University | 4,000 | NA |
| University of Bucharest | NA | 2,200 - 2,500 |
| Alexandru Ioan Cuza University of Iasi | NA | 2,000 - 3,000 |
We would also like to introduce you to some of the top Romanian universities in Romania that offer bachelor’s/master’s degrees in Economics.
| Sr No | University Name | Type | Duration | Program Name |
|---|---|---|---|---|
| 1 | Romanian-American University | Bachelors | 3 Years | Computer Science for Economics |
| 2 | Babes-Bolyai University | Bachelors | 3 Years | International Business and Economics |
| 3 | University of Bucharest | Masters | 2 Years | Behavioural Economics |
| 4 | Romanian-American University | Masters | 2 Years | International Economic Relations Economic Diplomacy |
| 5 | Alexandru Ioan Cuza University of Iasi | Masters | 2 Years | European Studies |
To sum up, below is a detailed overview of the application process to study Economics in Romania. Team Anigdha is just a call away if you need assistance.
Admission Process – Study Economics in Romania – Bachelor’s
Compile a list of all the universities in Romania that offer bachelor’s degrees in economics courses.
Based on your interests and eligibility, shortlist the universities that you are eligible for.
On each university's website fill out your correct details on the application form with due diligence. You can get help from an expert from Anigdha to avoid any errors.
English proficiency tests are very important to clear while seeking to study economics in Romania. Team Anigdha will keep you updated on the respective deadlines for the same and help you prepare for the exams too.
Once the application form is submitted, you need to collect all your required documents. Team Anigdha will provide you with a list of these documents which will make things easier for you.
After an offer letter is sent to you upon the acceptance of your university application, Team Anigdha will use the letter to expedite your visa application process.
HRD and Apostille are the next step that is mandatory on your documents to prove their authenticity. After the approval of the visa, Team Anigdha will help you authenticate your documents via proper authority.
Finally, Team Anigdha will assist you in finding a hostel, PG, or private apartment near the university campus so that you can stay comfortably while you study economics in Romania.
Admission Process – Study Economics in Romania – Master’s
Compile a list of all the universities in Romania that offer master’s degrees in economics courses.
Based on your interests and eligibility, shortlist the universities that you are eligible for.
On each university's website fill out your correct details on the application form with due diligence. You can get help from an expert from Anigdha to avoid any errors.
English proficiency tests are very important to clear while seeking to study economics in Romania. Team Anigdha will keep you updated on the respective deadlines for the same and help you prepare for the exams too.
Once the application form is submitted, you need to collect all your required documents. Team Anigdha will provide you with a list of these documents which will make things easier for you.
After an offer letter is sent to you upon the acceptance of your university application, Team Anigdha will use the letter to expedite your visa application process.
HRD and Apostille are the next step that is mandatory on your documents to prove their authenticity. After the approval of the visa, Team Anigdha will help you authenticate your documents via proper authority.
Finally, Team Anigdha will assist you in finding a hostel, PG, or private apartment near the university campus so that you can stay comfortably while you study economics in Romania.
How many holidays do we get at Romanian Universities?
Easter Holiday for a week, and 2 weeks of winter break, are some holidays at universities in Romania; however, you need to check with the university to know the specific dates.
What are the benefits of a student visa in Romania?
Students get to choose to travel from a selection of 175 European destinations on the student visa which is also a Schengen Visa.
Do we get Indian food in Romania?
Yes, Romania has a good number of Indian restaurants due to the influx of Indian students every year.
Is the exam fee and cost of books included in the tuition fee to study economics in Romania?
Yes, the tuition fee includes all other expenses required at the university level.
What jobs can I get after completing a bachelor’s degree in economics in Romania?
Accountant, analyst, economist, and data analyst are some of the top positions you can get after completing a bachelor’s in economics in Romania.
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