Academy of Economic Studies of Moldova

The Academy of Economic Studies of Moldova (ASEM) is Moldova's main public university for economics and business, in Chișinău. It publishes a plan for a two-year programme called Master of Business Administration, with English and Romanian as study languages. Here is what Indian applicants should know for 2027-28.

Key facts for 2027-28

Location	Chișinău, Moldova
Founded	1991
Type	Public economics university
Programme	Master of Business Administration (programme)
Award	Master's Degree in Economic Sciences
Duration	2 years, 120 ECTS
Language	English and Romanian; B2 English required

Always check fees, dates and rules for your intake on the official university website before you apply or pay.

About ASEM

ASEM was founded in 1991, the year Moldova became independent, to train economists, managers and finance specialists. It is a public university with faculties of business administration, finance, accounting, economics, international relations and information technology. Many of Moldova's business and government leaders studied here.

The MBA programme

ASEM's 2025 programme plan describes:

• Programme name: Master of Business Administration.
• Award: Master's Degree in Economic Sciences.
• Duration: two years, 120 ECTS credits (the European credit system).
• Languages: English and Romanian, with B2 English required.

Note the difference between the programme name and the award title. Confirm the exact qualification and programme code before accepting an offer, because the award title matters for recognition in India and elsewhere.

Why applicants consider ASEM

• A two-year master's programme using the European credit system.
• A public university with low tuition by European standards.
• Moldova is an EU candidate country, and its universities follow the Bologna process.
• Very affordable living costs.

Things to think about

• Check which parts are taught in English and which in Romanian.
• Moldova's job market is small; plan where you will work afterwards.
• Confirm the award title for UGC equivalence.

How to apply

Apply to ASEM with your bachelor's degree, transcripts, passport, B2 English proof and other documents, which may need apostille and translation. Ask about the 2027-28 deadlines, any entrance interview, and the visa and residence permit process.

Fees and costs

Ask for the 2027-28 tuition for international students in writing. Living costs in Chișinău are among the lowest in Europe. Add accommodation, insurance, residence permit and travel.

Life in Chișinău

Chișinău is Moldova's capital, a green city of parks, wide boulevards and a growing café culture. Romanian is the official language, and Russian is widely understood. Moldova is famous for its wine, with huge underground cellars near the capital. Winters are cold and summers are warm.

Is this MBA right for you?

The ASEM programme suits students who want a low-cost European-style master's in business, are comfortable with some Romanian, and are clear about the award title. It is less suited to those who want a globally ranked MBA brand. If you choose ASEM, use the two years to learn languages, take internships and build a European network.

Careers after an MBA in Moldova

Moldova's economy has growing IT, outsourcing, agriculture, food and wine sectors, and the country is working towards closer ties with the European Union. Chișinău has many start-ups and service companies. Most local jobs need Romanian or Russian, and foreigners need a work permit. An MBA from ASEM can help you understand European business practice at a low cost, but plan where you want to work afterwards: many graduates go on to jobs in India, the EU or the Gulf.

Before you apply to Academy of Economic Studies of Moldova

Check the work experience, test (GMAT, GRE or the school's own) and English requirements, and confirm the exact award: a master's degree, a postgraduate diploma or a certificate. For government jobs or further study in India, foreign degree equivalence is handled by the UGC. Our MBA abroad guide covers choosing a programme, funding and careers in detail.

2027-28 intake timeline

• Now – spring 2027: confirm the programme language, the award and B2 English proof.
• Summer 2027: apply and receive the admission decision.
• August – September 2027: visa, residence permit and travel for the September start.

Related guides

For the bigger picture beyond Academy of Economic Studies of Moldova, read these guides:

• MBA in Moldova: living costs, visa, climate, student life and the full admission process in Moldova.
• MBA abroad guide: eligibility, recognition in India, costs and choosing a country.
• Compare other universities by country, course and city.

How PSP Education can help

PSP Education has guided Indian students since 1992 and can help you decide whether Academy of Economic Studies of Moldova suits you and apply before the 2027-28 deadlines. Book a free counselling session using the form on this page.

Summary and official sources

The Academy of Economic Studies of Moldova publishes a 2025 plan for a programme called Master of Business Administration. It takes two years, carries 120 ECTS credits and lists English and Romanian as study languages, with B2 English required.

The plan states that graduates receive a Master’s Degree in Economic Sciences. Applicants should confirm the exact qualification and programme code before accepting an offer.

Courses and official information

• Master of Business Administration (programme); Master’s Degree in Economic Sciences (award) — 2 years; language: English and Romanian; B2 English required. Official programme information. Explore this course.

Visit the official university website for current admission rules, fees and application dates.