The story
Founded by Carol I of Romania on Apr 6, 1913.1
Established on 6 April 1913 by the Royal Decree of Carol I of Romania, the Academy of Higher-level Commercial and Industrial Studies was the first economic higher education institution established in Romania.
In 1947, the academy was reorganised and merged with the Academy of Cooperative Studies to form the Academy of Commercial and Cooperative Studies. During the Communist Era, in August 1948, it turned into the Institute for Economic Sciences and Planning, according to the model provided by the Soviet higher education institutions.
During the 1967–1968 academic year, the institute was reorganised again and became the Bucharest University of Economic Studies, a name which the university still holds today.
From Wikipedia’s article on Bucharest Academy of Economic Studies, shared under CC BY-SA 4.0.4
