The Faculty of Business Administration in Foreign Languages (FABIZ) was established in 1991 as the Faculty of Economic Studies in foreign languages (SELS). Nowadays, the school brings together over 1700 students of more than 30 nationalities and prides itself with a network of 5000+ alumni.

With its programs taught exclusively in foreign languages (English, French and German) at Bachelor, Master, and PhD level, FABIZ is known as the most internationalized school within the Bucharest University of Economic Studies and one of the most dynamic business schools in Romania and South-Eastern Europe.

Together with our business and academic partners, we offer a unique learning experience, blending theoretical and practical aspects of business management, marketing & operations, accounting & finance, using modern teaching techniques and experiential learning. At the end of their studies, our graduates are fluent in at least two international languages, have solid knowledge of business across different sectors and regions, as well as strong digital skills.

Our school and its UNESCO Chair for Business Administration in Foreign Languages contribute to achieving the UN’s Sustainable Development Goals through high quality education, research and lifelong learning programs, entrepreneurship, digital and clean energy initiatives, partnerships for sustainability across communities and cities.

Our study programs are compatible with similar programs across the world and prepare our students for the current and future labor market, both in the corporate world and the start-up ecosystem, at national and international level.

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Our vision:

We build a community of responsible leaders and entrepreneurs with a positive and sustainable impact on society.

Our mission:

To be a business school which educates professionals for the future by delivering a coherent, consistent, and relevant teaching process exclusively in foreign languages, based on a meaningful curriculum developed with our business partners and correlated with the results of national and international scientific research, and by creating an ecosystem that encourages and supports the initiatives of our students and alumni with a positive and sustainable impact on society.

Leadership

we develop authentic leaders, who are involved in their communities, capable of tackling complex challenges and future-ready. 

Excellence

we promote the most effective and recent teaching and research methods, techniques and tools for the personal and professional development of our students and professors.

Ambition

we aim to be a top business school, internationally recognized through the success of our alumni, professors and researchers.

Diversity

we are an open intercultural community promoting inclusion, academic liberty, freedom of speech and the humanity universal values.

Ethics

we provide a study, research, and work environment based on ethics, integrity, equity, and mutual respect.

Responsibility

we promote lifelong learning as a mean of social progress and sustainable development at local, regional, national and international levels.

Sustainability

we cooperate with our partners to promote a sustainability culture, contribute to local communities development and to the progress of society.

Milestones in the evolution of FABIZ

1991

The Faculty of Business Administration in Foreign Languages started its activity in 1991, when, through a Tempus program and through the development of the degree of Industrial, Construction and Transport Economics (which later on became Business Economics) and Finance-Accounting (which later on became Business Administration), the Department of Economic Studies in Foreign Languages (DSELS) was established. The goal of this department was to facilitate the participation of Romanian universities in European higher education programs.

Initially, this department offered 30 study places for the English stream and 30 study places for the French stream. These places could only be filled by the best students entering the Bucharest University of Economic Studies. After the entrance exam, the candidates selected in descending order according to their grades wrote a language test, and the ones with the best results were accepted at DSELS.

1993

In 1993, due to the demand on the labor market, the German section was established. Subsequently, the university management decided to transform the Department of Economics in Foreign Languages (DSELS) into the Faculty of Economic Studies in Foreign Languages – SELS.

2005

Starting with the academic year 2005-2006, the faculty was renamed: Faculty of Business Administration in Foreign Languages – FABIZ. The new name of the faculty more accurately reflected the content and profile of our faculty, in line with its educational mission.

2006

In 2006 the first edition of the International Conference on Business Excellence is organized, whose Proceedings have been indexed since then in most of the years ISI Web of Knowledge.

2007

In 2007 the academic Journal Management & Marketing was established, which in 2011 became Management & Marketing. Challenges for the Knowledge Society, indexed in numerous international databases, including Scopus and Web of Science – Emerging Sources Citation Index.

2004-2008

New subjects for that time were introduced in the university curriculum, such as: entrepreneurship, European business environment, business investment strategies, customer relationship management, cross cultural management.

2009

The Doctoral School for Business Administration II was established.

2022

Starting with the academic year 2022/2023 the curriculum has been restructured following consultations with representatives of the business community and academic partners from abroad, in order to meet the complex needs of a very dynamic labor market and to be aligned with the curricula of the best business universities in the world. New subjects such as design thinking, digital transformation, new business models, programming in Python have been newly introduced in the curriculum of the various Bachelor’s and Master’s programs.