Foreword

In 1991 the Romanian-American University (RAU) was established in Bucharest, Romania, as an institution entirely committed to promoting the values of American academic education on the background of the rich traditions of the Romanian education, well-known and recognized abroad.

The initiator and founder of this university is Professor Ion Smedescu PhD, Founding-Rector of the Romanian-American University, President of the Romanian-American Foundation for the Promotion of Education and Culture, member of the New York Academy of Sciences.

The university comprises seven schools, whose number of students is more than 3.000:

  • School of Computer Science for Business Management;
  • School of Domestic and International Business, Banking and Finance;
  • School of Domestic and International Economy of Tourism;
  • School of European Economic Studies;
  • School of Law;
  • School of Management-Marketing;
  • School of Physical Education, Sport and Kinesiotherapy.

The university has been accredited through Law nr. 274 as of May 15, 2002, and operates as a higher education institution enjoying its full rights, as well as facing its due responsibilities. The university is a statutory warrant for its students, as well as a guarantee of stability, promotion and increased performance of its academic body.

For more information: www.rau.ro

Starting with the academic year 2002-2003, the Ministry of Education and Research gave the Romanian-American University from Bucharest the approval to organize Master’s Degree programs. There are currently more than 16 ongoing Masters' Degree programs (6 of them are taught exclusively in English) organized by majors and coordinated by the respective departments inside the RAU.

We express our thanks to all participants to JISOM activities, since our start in 2007, whose efforts, skills and understanding contributed to the welfare and success of the journal.



Alexandru Tăbușcă, PhD Associate Professor
Romanian-American University
Editor-in-Chief