The Bucharest University of Economic Studies is and wishes to remain the most prestigious institution of higher economic and public administration education in Romania and to rank amongst the top universities in Europe, as regards the content and modernity of the teaching and learning process, the dynamism of innovation, the implication in strategic partnerships with representatives of the national and international economic and social environment. The history of The Bucharest University of Economic Studies starts with the Academy of High Commercial and Industrial Studies in Bucharest that was founded in accordance with the law adopted by the Royal Decree No. 2972 at 6 April 1913 and published in the Official Gazette on 13 April 1913. Since then the institution has changed its name several times. Starting with 1967 the institution name is Academy of Economic Studies (AES). It is considered the most important university of economic higher education in Romania. At present it has 8,111 Romanian and foreign undergraduate students-budget in the full-time studies, 7,188 students-paying full taxes, and 2,256 students in distance learning. There are 10,908 Romanian and foreign students for master’s degree, 1,354 Romanian and foreign students at doctoral studies. There are 857 academic staff members and 933 administrative staff members. Well noted personalities of the Romanian scientific and cultural life taught the Academy’s students: Nicolae Iorga, Virgil Madgearu, Gramoslav Mladenatz, Ion Angelescu, Stanislav Cihoschi, Spiridon Iacobescu, Ion Răducanu, Ion Tatuc and others are amongst them. After December 1989, the university was reorganized, both in structure and curricula. The most recently reorganization took place in 2005 when the education process is structured based on Bologna accords. The University of Economic Studies comprises eleven faculties, territorial centers, postgraduate studies institutes and several departments.