School of International Business

The School of International Business within the Romanian-American University offers an educational and research path at a high standard of quality, in an internal intellectually stimulating climate, both for students and for the teaching staff.

Guided by values such as the promotion of excellence, professional, moral and social responsibility, freedom of thought and expression, creativity and innovation, cooperation and communication, the School of International Business aims to find itself through academic performances, and not only, in the elite of business schools.

The study programs offered at bachelor and master level target the competencies and the international know-how in business development in various fields of activity, entrepreneurship and intrapreneury, internationalization of companies, intercultural management, strategic management, innovation and management of customer relations on international markets, management of projects with international funding, regional and international economic governance.

The international opening of the School of International Business is supported on the one hand by the organization of study programs taught in English, both at the level of bachelor studies – the “International Business” program, as well as at the level of master studies – the study programs “International Business and Entrepreneurship” and “International Economic Relations & Economic Diplomacy” – and,  equally, by the vast network of partnerships with universities in Europe, the USA, Japan and the Republic of Korea that offer students multiple opportunities to obtain scholarships at partner universities.

In addition, students from the bachelor programs “Afaceri Internaționale” and “International Business” can benefit from “double degree” partnership agreements with St. Francis College and Northwood University in the USA, which allow them to become graduates of both RAU and the two American educational institutions. Also, students from the master program International Economic Relations & European Union Studies (IEREUS), can benefit from “double degree” partnership agreement with University of York, UK.

Between 1991 until 2022, the school operated as the School of Domestic and International Business, Banking, and Finance. Starting with the 2022–2023 academic year, the school’s name was changed to the School of International Business.

 

Rãdulescu Andra-Beatrice,
Rãdulescu Andra-Beatrice, Student of the School of Domestic and International Business, Banking and Finance, 3rd year (2020-2021)
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At the beginning, the Romanian-American University represented just an option, which turned out to be the best choice. I always remember fondly the moments and people who determined me to take this decision. RAU represents a family, experiences, lifetime friends, feelings, competitivity and not only. I cannot stop smiling when I think of the support offered along these years, not only by my peers, but also by my teachers, in my attempt to combine school with work. It was RAU again, who offered me a professional perspective and the opportunity to travel in order to widen my horizon. […]
Ulmeanu Simona-Georgiana,
Ulmeanu Simona-Georgiana,Student of the School of Domestic and International Business, Banking and Finance, 1st year (2020-2021)
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For me, it is a great honor to be a student of the Romanian-American University. I have chosen this institution for the numerous academic accomplishments and for the alumni who are now professionals in different fields of activity. Thank you for opening the gates for me and I promise to proudly represent you worldwide! I wish you all remarkable accomplishments in valuing the potential of all your students and to continue to be the same excellent and durable institution!
Cãtuţ Maria-Emilia,
Cãtuţ Maria-Emilia, Graduate of the School of Domestic and International Business, Banking and Finance, program taught exclusively in English, class of 2018
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The Romanian-American University means performance, professionalism, academic excellence, and an academic environment of elite teachers, people with vision, devotion, who have created millions of unique experiences, which generated tens of students of the future. In one word, a big family!
Balulescu Armand Florentin,
Balulescu Armand Florentin, Graduate of the School of Domestic and International Business, Banking and Finance, class of 1997 ACCA Graduate (2008)
Manager, Trading Department, Deloitte
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[…] the University’s progress, compared to my university years, is extraordinary, and I am sure that under these conditions the University will keep its place among the most demanded and effective higher education institutions in Romania.
Istrate (Cristian) Alexandra,
Istrate (Cristian) Alexandra, Graduate of the School of Domestic and International Business, Banking and Finance, class of 2006
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The knowledge I gained during college and the experience of the scholarship at James Madison University have made my confidence be my asset in everything I do in the company in which I work. They say that student years are the most beautiful, but if you have the opportunity to enjoy an exceptional teaching staff and have the chance of special colleagues, the memory of the student life becomes ubiquitous.
Dumitru Laurențiu Andrei,
Dumitru Laurențiu Andrei, Graduate of the School of Domestic and International Business, Banking and Finance, class of 1997
Deputy General Director, Directorate General of Treasury and Public Debt - Middle Office Department, Ministry of Finance
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This is the place to say that, recognizing the value of innovative ideas and initiatives launched by individuals and / or academic communities (whose merits are undeniable) in the century of blogs with instant sharing of information across borders, of the globalization of university rankings, in which knowledge is the most valuable resource of modern society, the general impact of these initiatives, present and future, and their added value cannot be assumed and put into practice by a closed community, but must be supported by us for the future and thus offering the guarantee of the completion of a successful initiative of the personalities who have linked their name to the strengthening of the name of the University and contributed to the prosperity of the Romanian society. […]
Manolescu Radu,
Manolescu Radu, Graduate of the School of Domestic and International Business, Banking and Finance, class of 1999
Managing Partner, KMTrust & Partners / IIC Partners
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[…] To ensure that it has the best teachers, in contact with the practice, RAU has strong partnerships with strong companies both in order to combine the theory with the real professional life and in order to raise quality standards for students. I think reputation is given by the consistency with principles and compliance to the latter. Therefore, partnerships with the business area, the high quality of professors, lecturers and students are fundamental.
Magnusson (Barbu) Mădălina Paula,
Magnusson (Barbu) Mădălina Paula,Graduate of the School of Domestic and International Business, Banking and Finance, class of 2001
Project Coordinator, Communication and Marketing Department, European Institute of Romania
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Every time I pass by the current building of the Romanian-American University I remember with pleasure the years I spent here. The years of university model your thinking, interpersonal relations, networking and how to address various issues: from planning how to study for an exam passed with success, to the design of a research project. I note that the Romanian-American University has shown that it is a sustainable educational project, while being a springboard for any Romanian student and not only. […]
Igiebor Troy,
Igiebor Troy,International student from Nigeria at the School of Domestic and International Business, Banking and Finance, 3rd year (2020-2021)
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When all hope seems lost, the Romanian-American University was that turning point for me; they showed me a better way to learn through the help of outstanding and dedicated professors. Thank you RAU!
Koja Nahhal Bassel,
Koja Nahhal Bassel,Graduate of the School of Domestic and International Business, Banking and Finance, class of 2020 International student from France
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The Romanian-American University is the gate to your success way!
Ayo-Ariyo Olusegun Matthew,
Ayo-Ariyo Olusegun Matthew,Graduate of the School of Domestic and International Business, Banking and Finance, class of 2020
International student from Nigeria
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At the Romanian-American University it has been as fun and insightful as it was useful; it's definitely worth it!
Raimi-Lawal Olagoke Wahab,
Raimi-Lawal Olagoke Wahab,International master student from Nigeria at the School of Domestic and International Business, Banking and Finance, 2nd year (2020-2021)
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The courses help to hone my skills and broaden my horizon, taught in a conductive atmosphere with staff who are approachable and supportive; lecturers who are passionate, competent and ready to answer your questions. The experience completely surpassed my expectations!
Khan Umar Farooq,
Khan Umar Farooq,Graduate of the School of Domestic and International Business, Banking and Finance, class of 2017 International master student from Pakistan
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After 3 months of internship in Malta and a dual degree scholarship at the University of Siena, I can say that the Romanian-American University opened new doors of possibilities for me.
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BACHELOR PROGRAMS:

  • ”International Business” – 3 years, taught in English (full time) or in Romanian (full time / part time)
  • ”Economics and International Business” – 3 years, taught in Romanian (full time)

For more details, please click here!

 

MASTER PROGRAMS:

  • ”International Business” – 2 years, taught in Romanian (full time)
  • ”International Business and Entrepreneurship” – 2 years, taught in English (full time)
  • ”International Economic Relations & Economic Diplomacy” – 2 years, taught in English (full time)
  • ” International Economic Relations & European Union Studies (IEREUS)” – 2 years, taught in English (full time)

 For more details, please click here!

 

”DOUBLE DEGREE” PROGRAMS:

BACHELOR

  • ”International Business” bachelor program – Northwood University, USA
  • ”International Business” master program – St. Francis College & Northwood University, USA

MASTER

  • International Economic Relations & European Union Studies (IEREUS), University of York, UK

For more details about our double degree programs, please click here (bachelor) and here (master)!

 

”PREPARATORY YEAR OF ROMANIAN LANGUAGE FOR FOREIGN CITIZENS” – click here for more information.

Dean: Lecturer Iuliu Marin Ivănescu, PhD

  • He graduated the Romanian-American University in 1999 and is currently teaching in the department of Trade, Economic Integration and Business Administration and has tenure at the School of International Business within the Romanian-American University. He obtained the PhD degree in Economy in 2007.
  • Fields of professional competence: international trade, economic competitivity, economic diplomacy and international relations, macroeconomy.
  • Contact: [email protected]

Vice-dean: Lecturer Nela Ramona Grigore, PhD

  • She earned her degree from the Romanian-American University in 2006, and has been a doctor in Economy and International Affairs since 2012. At RAU, she is tenured at the School of International Business.
  • Fields of professional competence: she is a lecturer within the Department of Trade, Economic Integration and Business Administration. Her fields of interest in her teaching and research activity are: European economic integration, competition policies, business ethics and leadership.
  • Fields of management competence: she mainly coordinates activities in the field of international relations and strategic development of partnerships with the business environment.
  • Contact: [email protected]

Head of department: Associate Professors Mariana Sorlescu, PhD

  • She graduates the School of General Economy of the Academy of Economic Studies in Bucharest in 1997; she has tenure at the School of Domestic and International Business, Banking and Finance within the Romanian-American University. She became a doctor in Economy in 2006.
  • Her fields of interest in teaching and research are: micro- and macro-economy, sustainable development, international economic policies, world economy.
  • Contact: [email protected]

 

The Department of Trade, Economic Integration and Business Administration contributes to the teaching and research activity conducted at every study program related to the fields of Economy and business and Business administration in tourism.

The department organizes the activities of the teaching and research staff in compliance with the managerial plan, contributes to the drafting and implementation of syllabi, drafts the job title lists in collaboration with the Department Council according to the legal provisions.

  • three Bachelor programs in Romanian:
    • Afaceri Internaționale*
    • Finanțe și Bănci**
    • Contabilitate și Informatică de Gestiune**
  • one Bachelor program in English:
    • International Business*
  • Master programs in Romanian:
    • Afaceri Internaționale*
    • Finanțe, Bănci, Asigurări
    • Gestiunea și Auditul Afacerilor**
  • two Master programs in English:
    • Finance**
    • International Business and Entrepreneurship*

* starting with 1st of October 2022 (academic year 2022-2023), the program will continue to be carried out under the auspices of the School of International Business

** starting with 1st of October 2022 (academic year 2022-2023), the program will continue to be carried out under the auspices of the School of Finance and Accounting

 

The Master Program “Business Management and Audit” was accredited in 2015 by the Association of Chartered Certified Accountants (ACCA).

 

Starting with the academic year 2014-2015, the School has also organized a Master study program in the Finance field, in English, a program of the Dual Degree type in partnership with the University of Siena, Italy.

Dean: Lecturer Iuliu Marin Ivănescu, PhD
  • He graduated the Romanian-American University in 1999 and is currently teaching in the department of Trade, Economic Integration and Business Administration and has tenure at the School of Domestic and International Business, Banking and Finance within the Romanian-American University. He obtained the PhD degree in Economy in 2007.
  • Fields of professional competence: international trade, economic competitivity, economic diplomacy and international relations, macroeconomy.
  • Contact: [email protected]
Vice-dean: Lecturer Nela Ramona Grigore, PhD
  • She graduates the School of Domestic and International Business, Banking and Finance within the Romanian-American University in 2006. She has been a doctor in Economy and International Affairs since 2012.
  • Fields of professional competence: she is a lecturer within the Department of Trade, Economic Integration and Business Administration. Her fields of interest in her teaching and research activity are: European economic integration, competition policies, business ethics and leadership.
  • Fields of management competence: she mainly coordinates activities in the field of international relations and strategic development of partnerships with the business environment.
  • Contact: [email protected]

Head of department: Associate Professors Mariana Sorlescu, PhD

  • She graduates the School of General Economy of the Academy of Economic Studies in Bucharest in 1997; she has tenure at the School of Domestic and International Business, Banking and Finance within the Romanian-American University. She became a doctor in Economy in 2006.
  • Her fields of interest in teaching and research are: micro- and macro-economy, sustainable development, international economic policies, world economy.
  • Contact: [email protected]

 

The Department of Trade, Economic Integration and Business Administration contributes to the teaching and research activity conducted at every study program related to the fields of Economy and business and Business administration in tourism.

The department organizes the activities of the teaching and research staff in compliance with the managerial plan, contributes to the drafting and implementation of syllabi, drafts the job title lists in collaboration with the Department Council according to the legal provisions.

Head of department: Lecturer Cosmin Ionuț Lungu, PhD

 

  • He graduates the School of Domestic and International Business, Banking and Finance within the Romanian-American University in 2002; he has been a doctor in economy, major accounting, since 2007; within the department of Finance, Credit and Accounting he is currently holding the following lectures: Fundamentals of Accounting, Financial Accounting, International Financial Accounting, Creative accounting, Financial auditing. He is a chartered accountant and a member of the Body of Expert and Licensed Accountants of Romania – C.E.C.C.A.R. and a financial auditor, member of the Chamber of Financial Auditors of Romania – CAFR.
  • Fields of interest for teaching and research: International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), Capital market.
  • Contact: [email protected]

 

The activities of the Department of Finance, Credit and Accounting follow the strategic directions of the University contained in the strategic plan of institutional development, as well as of those of the other schools.

The objective of the department is to strengthen its position and increase its visibility through its staff, the study programs it runs and its undergraduates/Master students both during the teaching-learning activity, and those of scientific research.

The department organizes consulting committees comprising employers, specialists in the field and department members in order to synchronize the content of syllabi and the related disciplines with the requirements of the labor market. The modernization of the information sharing process through computer-assisted teaching technologies and increasing the participative and stimulating component of the teaching act through interactive lectures are a priority of the department.