Romania is a country in Southeastern Europe between Bulgaria and Ukraine with a border on the Black Sea. Other countries with which it shares borders include Hungary, Moldava and Serbia. Summers are sunny with frequent rain showers, and winters are cold and cloudy with a lot of snow and fog. In 1989, Romania began transitioning from Communism and is now a republic. The economy has had its ups and downs, with the greatest growth coming from exports. The country is home to some gorgeous landscapes, with perhaps its most famous draw being the Carpathian Mountains, given as the home of Dracula in the novel by Bram Stoker.
Studying Business in Romania
There are several institutions where one can study business in Romania. Many of these programs are available in English as well. Degrees offered include bachelor’s, master’s and doctorates. In many cases, there is an affiliation with an international university as well. Another possibility is a part-time Executive MBA program that is especially geared toward working professionals.
It can take varying amounts of time in order to complete your degree program but, generally bachelor’s degrees require three to four years while master’s degrees will typically be completed over a span of two years.
The academic year is generally split into two semesters, with the fall semester beginning in September and the spring ending in June. There are Executive MBA programs that take around 20 months of part-time study to complete.
The cost of your program will depend on where you attend and which degree you are planning to complete. Bachelor’s degrees can range from 2200 Euros to 2900 Euros per year of study. Master’s degrees can range from 2400 Euros to 3100 Euro per year. An Executive MBA program might cost around 18,000 Euros for the entire program’s tuition. Reduced fees are often awarded to students from the EU. There are also many institutions that offer scholarships. Extracurricular courses may be available at an extra charge.
Choosing to study business in Romania can be advantageous for a number of reasons. For someone who plans to work in the field of international business, especially in Europe, it is a good idea to study there. This may allow you greater cultural sensitivity and understanding of the issues that are inherent to living and interacting with other cultures. Romania in particular has a lower cost of living than many other countries in the European Union so that you can benefit from living in the EU without having to spend a huge amount on your room and board.
If you are wondering how to register for the GMAT, browse our listing below and contact the test center directly. To take the GMAT test in Bucharest you need to have a valid passport to present at the GMAT test centers on the day of the GMAT exam. You can take the GMAT once every 31 calendar days if you need to improve your score in the exam. You can find your closest GMAT test location here and register today.