has adopted the Bologna declaration and undergraduate studies are now three-year long, followed by 2-year Master programmes. In this format, undergraduate studies finalize with a total of 180 credits, graduate programmes require a completion of 120 credits. The PhD programmes remain with a length of minimum three years. Ranking ASE was ranked by the Times Higher Education World University Ranking 2021 as the best university in Romania. Top Shanghai 2018 ranked ASE as the best university in Economics in Romania and 201–300 worldwide. QS World University Rankings 2017 also ranked ASE as the best university in Economics and Econometrics in Romania and 301–350 worldwide. Faculties There are thirteen faculties: FABIZ - Administrarea Afacerilor cu predare în limbi străine (Business Administration in Foreign Languages); AMP - Administrație și Management Public (Administration and Public Management); BBS - Școala de Afaceri București (Bucharest Business School); CIG - Contabilitate și Informatică de Gestiune (Accounting and Management Information Systems); COM - Business and Tourism (formerly Commerce); CSIE - Cibernetică, Statistică şi Informatică Economică (Economic Cybernetics, Statistics, and Informatics); LAW - Drept (Law); EAM - Economia Agroalimentară şi a Mediului (Agricultural, Food, and Environmental Economics); ECO - Economie Teoretică și Aplicată (Economics); FABBV - Finanţe, Asigurări, Bănci şi Burse de Valori (Finance, Insurance, Banking, and Stock Exchanges); MAN - Management; MRK - Marketing; REI - Relaţii Economice Internaţionale (International Business, and Economics). References External links The Official Site of ASE Educational institutions established in 1913 Universities in Bucharest Business schools in Romania 1913 establishments in Romania