Working at Academy of Finance, your next career step!

Overview of the Academy of Finance

The Academy of Finance, located in Bucharest, Romania, is a specialized higher education institution dedicated to training professionals in financial sciences. Established in 1990 by the Ministry of Education, it has evolved into a key player in Romania's economic education landscape, offering programs that blend theoretical knowledge with practical skills in finance, banking, insurance, and related fields. As a public university, it emphasizes research and innovation in economic cybernetics and financial management, attracting students and faculty interested in dynamic careers within the financial sector.

Jobs at the Academy of Finance are highly sought after by academics passionate about finance and economics. The institution's focus on real-world applications makes it an ideal place for those seeking to contribute to both education and research in a growing economy like Romania's. With its central location in Bucharest, faculty members benefit from proximity to major financial institutions, enhancing opportunities for collaborations and applied research.

🎓 Academic Programs and Departments

The Academy of Finance offers bachelor's, master's, and doctoral programs across several departments. Key areas include Finance and Banks, Insurance and Financial Risks, Accounting and Management Informatics, and Cybernetics and Economic Informatics. These programs prepare students for roles in banking, investment, risk management, and financial technology.

Faculty positions often align with these departments, where lecturers deliver courses on topics like financial markets, corporate finance, actuarial science, and econometric modeling. The university's commitment to modern curricula, including fintech and sustainable finance, creates demand for experts in emerging fields.

Types of Jobs at the Academy of Finance

Career opportunities at the Academy of Finance span teaching, research, and administration. Common roles include:

• Full professors leading departments and research groups.
• Associate and assistant professors teaching undergraduate and graduate courses.
• Lecturers focusing on practical training and seminars.
• Research assistants supporting funded projects.
• Administrative positions in academic management and international relations.

For a deeper dive into university job types, including tenure-track paths, visit our guide. These positions offer stability, with tenure possible after probationary periods, and opportunities for promotion based on research output and teaching excellence.

Definitions

To understand jobs at the Academy of Finance, here are key terms:

• Tenure-track position: A faculty role leading to permanent employment after successful review of teaching, research, and service, typically 5-7 years.
• PhD in Finance: Doctor of Philosophy degree specializing in financial theory, markets, and quantitative methods, required for senior academic roles.
• Economic Cybernetics: Interdisciplinary field applying control theory and systems science to economic processes, a core strength at the academy.
• Actuarial Science: Discipline using mathematics, statistics, and finance to assess risk in insurance and pensions.

Required Academic Qualifications, Research Focus, Experience, and Skills

Securing jobs at the Academy of Finance demands strong credentials. Required academic qualifications generally include:

• A PhD in finance, economics, accounting, or cybernetics for faculty positions.
• Master's degree minimum for lecturer roles.

Research focus areas emphasize financial modeling, banking regulation, insurance risks, and digital finance. Preferred experience encompasses publications in journals like Finance Research Letters or Journal of Banking & Finance, grant acquisition from Romanian National Council for Scientific Research, and teaching at accredited institutions.

Essential skills and competencies:

• Proficiency in econometric software (e.g., Stata, R).
• Strong presentation and mentoring abilities.
• Knowledge of EU financial regulations.
• Multilingual skills, especially English and Romanian.

Candidates with international collaborations stand out, as the academy values global perspectives in its research output.

📝 Application Process and Tips

The application process for jobs at the Academy of Finance involves submitting documents via the university's website or HR email. Key steps include:

1. Review open positions on the official site.
2. Prepare a tailored CV, highlighting publications and teaching experience. Learn how to write a winning academic CV.
3. Write a cover letter addressing the department's needs.
4. Include research statement and three references.
5. Attend interviews, often including a teaching demo.

Actionable tips: Network at Romanian economic conferences, publish in local journals like Finante, Banci, Asigurari, and emphasize EU-funded project experience. Apply early, as positions fill quickly.

Diversity and Inclusion Initiatives

The Academy of Finance actively promotes diversity through targeted scholarships for women in finance, international student quotas, and faculty exchange programs with EU universities. It participates in Romania's gender equality strategies, hosting workshops on inclusive teaching. Recent initiatives include mentorship for underrepresented minorities in STEM-finance fields and accessibility improvements for disabled staff.

Work-Life Balance and Campus Life

🏙️ Nestled in Bucharest's vibrant university district, the Academy of Finance campus features modern lecture halls, a specialized finance library, research labs, and cafes. Faculty enjoy flexible schedules, remote teaching options post-COVID, and 30+ vacation days annually. Professional development includes funded conferences and sabbaticals every seven years.

Work-life balance is supported by wellness programs, gym access, and proximity to cultural sites like the Old Town. Bucharest's affordable living, with monthly costs around €800-1,200, allows faculty to thrive. Community events foster collaboration, making it a supportive environment for long-term careers.

Research and Career Advancement Opportunities

Faculty at the Academy of Finance engage in cutting-edge research, often funded by national and EU grants. Success stories include publications on financial stability during crises. Advancement involves progressing from lecturer to professor via habilitation, requiring monographs and impact factors. Explore research jobs and postdoc success.

Recent highlights align with global trends; for instance, studies on fintech mirror advice in employer branding secrets.

Career Paths and Salaries

Entry-level lecturers earn €1,200-1,800 monthly, rising to €4,000+ for professors. Benefits include health insurance, pensions, and housing allowances. Paths lead to department heads or deans. Compare with professor salaries globally.

Summary: Pursue Your Career at Academy of Finance

Jobs at the Academy of Finance offer rewarding paths in a specialized finance hub. Ready to apply? Check higher ed jobs, higher ed career advice, university jobs, or post a job on AcademicJobs.com for more opportunities.