The Master Programme in International Business Management provides a number of 19 courses during 4 semesters, to which it adds 240 hours of internship to a total of 120 ECTS  to facilitate student mobility within the European Union.

Semester 1 lasts from October to January. Semester 2 lasts from February to June.

MMIB – the Master Programme


1. International Competition – Competitive analysis and strategy

About the course: This course aims at an in-depth approach to essential themes for superior competitive performance, such as regional economy and location, cluster policy, competitive analysis at the level of firm, country, region, or city. Participants work with class materials – case studies, lecture presentations, towards finalizing with applied team work projects on clusters and competitive advantage.  This course is the only one in Romania that follows the MOC – Microeconomics for Competitiveness curricula, created by Michael Porter, in an affiliation with Harvard and the Institute for Strategy and Competitiveness. The affiliation to the MOC Network is supported by OMV Petrom.

About the teacher: Valentin Cojanu teaches international trade & competition and is Head of the Doctoral School in International Economics & Business at the Bucharest University of Economic Studies. His research interests cover the area of trade & development, in particular about topics related to: market integration, specialization & competitive advantage, government and economic strategy.

A visiting professor in Hamburg, Germany, Valentin has specializations at Harvard Business School, Bocconi, Bloomsburg University of Pennsylvania, Nottingham Trent University and George Washington University. 

In 2007, he founded The Journal of Philosophical Economics as a project in reorienting the economic science based on philosophical works about modern society and thought.

2. Global Financial and Currency Markets

About the course: The course equips students with the knowledge and tools needed to understand he structure of the global financial system  and the typology of international financial markets, the role of various actors on international financial markets, of the transactions they undertake and the risk they are exposed to, the role of international financial markets for risk management strategies, the main equilibrium relationships between real and financial markets in a global framework and the process of forecasting exchange rates. The course is rigorous and rather quantitative. Special emphasis is placed on applying the concepts taught in the course to the real economic and financial environment on which financial decisions are taken.

About the teacher: Alexandra Horobeț is Full Professor at Bucharest University of Economic Studies (BUES) and Visiting Professor at several Romanian universities (University Alexandru Ioan Cuza Iasi, Lucian Blaga University of Sibiu and University Politehnica of Bucharest). She holds a Ph.D. in International Business and Economics (BUES) and a MA in European Transactions (BUES). She is specialized in international finance and risk management, with particular research interests in currency markets, currency risk management and international portfolio investments. She is Doctoral Scientific Advisor since 2011 and was manager and member of 21 research and development projects on topics related to international business and finance, risk management, higher education and regional development. She is author or co-author of books and chapters in books published in Romania and abroad, including books published in prestigious publishing houses, and of more than 60 peer-reviewed articles in journals and conference proceedings.


3. International Business Law

About the course: A course in collaboration with The Faculty of Law from the Bucharest University of Economic Studies, covers topics related to the understanding of international business law in corporate affairs, for managers.

About the teacher: The course is delivered by specialists in corporate affairs and international business law.

4. Entrepreneurship and innovation in international business

About the course: A course in collaboration with PwC Romania, covers topics related to the basics of entrepreneurship. Created as a survival kit for entrepreneurs in Romania and abroad, the course starts from incorporation of a start-up to scale-up, financing, reporting and the relation to fiscal authorities, from personal branding to managing teams. 

About the teacher: The course is delivered by specialists in developing, advising and auditing businesses from the PwC Romania team, led by Ionut Simion.

5. International Economics

About the course: The course deals with key elements of international economics, from production factors and international trade to optimal monetary areas.

About the teacher: Liviu Voinea is Deputy Governor of the National Bank of Romania and has specializations from Stockholm University and University of Essex. 

6. Data Analytics for Private Equity and Venture Capital

About the course: A course in collaboration with practitioners in Private Equity and Venture Capital, this is the first one in Romania focusing on this type of investments, and particularly on the analytics side essential for a proper investment.

About the teacher: Practitioners in PE and VC, such as Andrei Pogonaru (Partner at CEFS, MBA at Columbia Business School, MBA at London Business School), alongside Radu Lupu, Ph.D., a full professor specialized in data analytics for international business and a Senior Data Scientist with a large multinational. Radu Lupu has specializations from Haute Etudes Commerciales Montreal and from Concordia University.


1. International Strategic Management

About the course: An essential course for any managers, it provides the student with the key instruments  and tools for strategic thinking in international business management.

About the teacher: Cosmin Joldeș is an associate professor with the Department of International Business and Economics. He is also an experienced trainer in international management and negotiation for multinational corporations.


2. Human Resources Management in Transnational Corporations

About the course: One cannot have an international business without managing an international team. Covering the basic elements related to HR, with input from  HR specialists, the course also deals with conflict management in international teams and multiculturalism.

About the teacher: Radu Filip is an associate professor with the Department of International Business and Economics, specialized in Human Resources with more than 20 years of experience in this topic.


3. International Strategic Marketing

About the course: The International Strategic Marketing discipline combines theory with practice with a strong focus on the applicative side. It envisages the learning of main concepts in international marketing and the principal activity consists of the development of an international strategic marketing plan, in which students will decide on the internationalization of a product in foreign markets.

About the teacher: Luminița Nicolescu is a professor at Faculty of International Business and Economics, Academy of Economic Studies, Bucharest, teaching marketing related subjects. She holds an M.A and a PhD from Canterbury Business School, University of Kent U.K and an MBA in Management of Higher Education from Institute of Education, University of London U.K. Her main topics of interest are international marketing, international business, higher education, management and SMEs.


4. International Corporate Change Management

About the course: Change Management is all about understanding how corporations react to various internal and external stimuli and triggers. Over the duration of the lectures we will tackle issues such as outsourcing, innovation and focus on the impact of major changes such as mergers and acquisitions and corporate restructure via spin-offs and equity carve-outs and try to observe successful cases and failures. Additionally, we will use quantitative tools to illustrate, in a professional manner, the impact of major corporate changes on shareholders, management, various elements of a corporation and, most importantly, its capital structure.

About the teacher: Bogdan Cernat-Gruici is a Lecturer within the Faculty of International Business and Economics, passionate about Corporate Finance and Transport Research. He worked for 8 years as a scientific researcher in a privately owned company afterwards making the transition towards a university career. Amateur cook and possibly the world’s worst guitar player.


5. Risk Management in International Business

About the course: The course develops skills about the use of risk assessment and mitigation instruments in international business practice, it familiarizes students with the types of risks that may arise in the international activity of a company and with the instruments and methods used in risk assessment. Moreover, it develops the skills to use hedging and mitigation instruments in international business.

About the teacher: Roxana Voicu-Dorobanțu is Associate Professor with the Bucharest University of Economic Studies (ASE), Romania, holds a Ph.D. in International Business with a focus on international finance (ASE), an MA in Financial Management (ASE), a postdoctoral degree (Romanian Academy). She has specializations from Harvard Business School, Menlo College – the Rendanheyi Silicon Valley Center and IMF.

Co-Principal Investigator in a project funded by the Swiss National Foundation on developing entrepreneurship through venture capital, she was member in 15 research and development projects on venture capital, financing entrepreneurship (both research and training potential entrepreneurs – as certified trainer), regional development, fostering innovation, increasing sustainability and resilience.  Roxana is member of the  Aspen Institute Romania Fellows Network, and a visiting professor to the Edinburgh Napier University, Scotland, UK,  University of Szczecin, Poland, University of Karaganda in Kazahkstan, She also operates on a project-based schedule as a consultant in risk management and restructuring.


1. International Business in the Intangible Economy

About the course: Industry 4.0 is not about products as it is about intangibles. The modern international manager needs to take these more and more into consideration in developing businesses, in order to be creating trends and staying competitive.

About the teacher: Ana Bobircă is an associate professor with the Department of International Business and Economics. She is also a very well known specialist in international business and capital markets, recognized by the Romanian business environment as such.

She has specializations from the University of Cambridge and Invest Europe.



2. International Logistics

About the course: Moving goods in the supply chain efficiently is fundamental to the wellbeing of an international business. Therefore, the way logistics works, the best solutions and methods as well as tips and tricks for creating an optimal logistics solution are elements to be in the knowledge pack of every manager acting in an international environment.

About the teacher: Cezar Cojocariu is an associate professor with the Department of International Business and Economics, with more than 30 years of experience in developing logistics companies. A reputable specialist in his field, he is also the guitar player of the Fiare Vechi band.

Cezar is also joined in delivering this course by Alex Ceausescu – and experienced freight forwarder and business development manager in logistics.



3. International Payments

About the course: International Payments course aims at providing the necessary information for specialists working in an international  environment regarding the global payment system. The course blends theoretical information with a very practical feature of using specific instruments and methods of payment, with the objective of fostering an adequate business solution for the growing needs of a connected world.

About the teacher: This course is held by a team from Edenred Romania, led by Ștefan Toderiță, Strategy and Partners Director at Edenred Romania. With experience in Mastercard and BCG and an MsC from ESADE, Stefan is designing a course that is fit with the needs of a future global business environment.


Edenred logo

4. Management of Foreign Investments Projects

About the course: In the modern world, basically all business happens via projects. Investing internationally means having the skills to manage the project and the knowledge to choose the investment. Developed with hands-on case studies and exercises, the course follows the PMBOK guidelines.

About the teacher: You have met Roxana Voicu-Dorobanțu in Year 1, Semester 2. So we will just add the fact that she is a shoe collector and an art aficionado that cannot cook if her life depended on it.




5. International Financial Management

About the course: In the International Financial Management course we develop the investment decision in multinational capital budgeting, the main objectives being: Usage of investment criteria; Identify the relevant cash flows of an international investment project; Determining the cost of capital used in projects evaluation.

About the teacher: Alina Drăghici, PhD, Associate Professor in the Department of International Business and Economics, teaching Corporate Finance in undergraduate studies and International Financial Management in graduate studies.


1. Geopolitics and Diplomacy in the International Business

About the course: International companies exist in a volatile environment often affected by national and supranational factors, which are not directly related to the business per se. The course covers these issues and the possible reactions of a company to the changing balance of powers.

About the teacher: Claudia Popescu is a professor with the Bucharest University of Economics Studies, with a significant experience in researching and writing about Geopolitics and Diplomacy.

She has an MsC from the University of Paris I Panthéon-Sorbonne.

2. Scientific seminar, research methods and critical thinking

About the course: Considered by the World Economic Forum as one of the most important skills a professional should have in the current business environment, Critical Thinking adds to Research Methods and Scientific Seminar with a twist on discovering and mitigating biases in decision-making and making better, creative choices..

About the teacher: Starting with 2024, the course coordinator is Erika Marin.



More about Internship, including opportunities, you may find on the dedicated page.

Dissertation is usually to be submitted at the beginning of June and defended at the end of June – beginning of July.

For more information about the dissertation, visit the page dedicated to it.

MMIB by Number

Live as if you were to die tomorrow. Learn as if you were to live forever

With diverse cohorts, we put together people in the first stages of their careers with middle managers, employees in multinationals corporations with public administration servants, start-up owners with bankers for synergistic knowledge building in a creative environment. Our students work in diverse fields, from innovation to finance, creative arts and IT.

0 %



Erasmus outgoing yearly

0 +

Enrolled students in both years

We enter to learn, leave to achieve

MMIB is the flagship Master Programme in the Faculty of International Business and Economics (REI), Bucharest, Romania.

Provided in Romanian since 2004, MMIB is available since 2013 in English in order to facilitate student mobility worldwide and to offer better competences for its graduates in an ever growing global business environment.

Contact info:


The Master Programme in International Business Management provides a number of 19 courses during 4 semesters, to which it adds 240 hours of internship, to a total of 120 ECTS, in order to facilitate student mobility within the European Union. Semester 1 lasts from October to January. Semester 2 lasts from February to June.


For the academic year 2024/2025 – the July heat of the admission process, there are a total of 75 places, as follows: 25 subsidized places for Romanian and other EU and SEE citizens, 18 fee-paying places for Romanian and other EU and SEE citizens. The rest of the places is for special cases (non-EU, minorities, etc.). For the number of places available for non-SEE students, please check with