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Master's Programme · Cycle II · 2025

International Business
& Law

Professional Master's Degree · AESM Chișinău

Rigorous, English-language graduate training at the intersection of global commerce, legal frameworks, and economic diplomacy — designed for professionals who shape international markets and navigate cross-border legal systems.

120 ECTS Credits 2 Years Full-Time Taught in English ISCED Level 7 · NQF Level 7 October Intake

Programme at a Glance

Degree AwardedMaster of Economics
LanguageEnglish
Duration2 Years · 4 Semesters
Start DateOctober
Study ModeFull-Time
EntryBachelor's Degree
Further StudyPhD (ISCED Level 8)
AccreditationAQAS in progress
120
ECTS Credits
17
Core Disciplines
18
Internship Credits
6+
Faculty Members
Why IBL at AESM

Where Global Business Meets International Law

01

Interdisciplinary Dual-Domain Expertise

Gain a solid foundation in both international business strategy and commercial law — a combination recognised under both ISCED 7 Economic Sciences and Law qualification frameworks, giving you a competitive edge unavailable in single-field programmes.

02

Global Perspective, European Context

Study in Moldova — a country at the crossroads of EU integration and Eastern economic networks — and understand the dynamics of global trade, investment, and regulation from a uniquely positioned vantage point.

03

Career-Oriented, Employer-Designed

The curriculum was co-developed with national and international employers through round-table consultations. Both master's internships — totalling 540 hours — place you in real professional and research environments before graduation.

04

English-Taught, Internationally Open

All coursework, examinations, and the master's thesis are conducted entirely in English. The programme is open to international students and aligned with European Higher Education Area standards.

05

Pathway to Doctoral Research

Graduates gain direct access to PhD programmes (ISCED Level 8) in World Economy, International Economic Relations, Business Law, and International & Private European Law.

Whether your goal is to become a global business leader, legal advisor, or policy expert, the IBL programme provides the tools and knowledge to succeed in a complex international environment.

— Programme Mission Statement
3,600
Total study hours
11
Weeks of internship
540
Internship hours
24
ECTS thesis weight

Study Plan

Four Semesters, One Vision

A carefully sequenced curriculum building from foundational principles to advanced specialisation, culminating in a 24-credit Master's Thesis defended in May–June.

I
Year 1 · October – February
Foundations of International Business & Law
30 ECTS
International Business Law: Principles and Practice
5 ECTS
International Business Economics
5 ECTS
International Trade Law
5 ECTS
Business and Legal Negotiations
5 ECTS
International Commercial Arbitration
5 ECTS
Methodology and Ethics in Professional Education
5 ECTS
II
Year 1 · February – June
Investment, Strategy & Professional Internship
30 ECTS
International Investment and Global Capital Flows
6 ECTS
International Strategy for Business
6 ECTS
Multinational Business Finance
6 ECTS
Master's Internship I — Professional Focus (Feb–Apr · 7 weeks · 360 hrs)
12 ECTS
III
Year 2 · September – December
Governance, Sustainability & Research Internship
30 ECTS
International Corporate Governance Law
6 ECTS
Digital Transformations, Innovation and Technology in International Business
6 ECTS
International Corporate Governance and Sustainability
6 ECTS
Elective: International Tax Law / International Investment Law / EU Institutional Law
6 ECTS
Master's Internship II — Research Focus (Nov–Dec · 4 weeks · 180 hrs)
6 ECTS
IV
Year 2 · February – June
Advanced Specialisation & Master's Thesis
30 ECTS
Elective: Risk Management in International Business / Business Models and Business Plans / International Competition Law
6 ECTS
Master's Thesis — Original Research, defended May–June
24 ECTS

Embedded Internship Programme

Both internships are graded, credit-bearing, and structured — placing students in genuine professional organisations and research environments before graduation.

540
Total Hours
11
Weeks
18
ECTS Credits

Academic Calendar

Year-by-Year Schedule

Two academic years across four semesters, with two embedded internships and a final thesis defence.

Activity Year 1 — 2025/2026 Year 2 — 2026/2027
Month OctNovDec JanFebMar AprMayJun JulAugSep OctNovDec JanFebMar AprMayJun JulAugSep
Semester I Teaching
Oct – Feb · 17 weeks
Winter Break
Dec–Jan
Jan
Semester II Teaching
Feb – Jun · 10 weeks
Internship I
Professional Focus · 7 wks · 360 hrs
Summer Vacation
Jun – Aug
Semester III Teaching
Sep – Nov · 13 weeks
Internship II
Research Focus · 4 wks · 180 hrs
Semester IV Teaching
Feb – Apr · 17 weeks
Master's Thesis
Thesis Defence · May–Jun

Semester I — Teaching

Oct – Feb · 17 weeks

Winter Break

Dec – Jan

Semester II — Teaching

Feb – Jun · 10 weeks

Internship I

7 weeks · 360 hours

Summer Break

Jun – Aug

Semester III — Teaching

Sep – Nov · 13 weeks

Internship II

4 weeks · 180 hours

Semester IV — Teaching

Feb – Apr · 17 weeks

Master’s Thesis

May – June

Teaching / Coursework
Internship
Thesis Defence
Vacation / Break

Learning Outcomes

Competences You Will Master

A dual portfolio of economic and legal competences aligned with NQF Level 7 — equipping you for senior roles in any international context.

⚖️

International Legal Frameworks

Interpret and apply international trade law, corporate governance law, investment law, and EU institutional law to real business and legal situations across jurisdictions.

📊

Economic Analysis & Strategy

Analyse macro and microeconomic indicators, forecast market evolution, and develop competitive strategies for entities operating in international markets.

🌐

Investment & Multinational Finance

Evaluate multinational finance structures, global capital flows, foreign direct investment regimes, and international taxation and fiscal frameworks.

🤝

Negotiation & Arbitration

Conduct business and legal negotiations, manage commercial arbitration processes, and represent interests before international institutions, courts, and organisations.

♻️

Sustainability & Governance

Develop circular business models, implement sustainable management systems, and apply international corporate governance standards and ESG principles.

🔬

Research & Expert Advisory

Conduct scientific economic research and provide expert advisory at micro, macro, and mondo-economic levels to improve organisational management and policy.

Graduate Pathways

A Degree That Opens Doors

Ready for global roles from day one

Graduates are prepared for decision-making positions across private sector organisations, public institutions, and international bodies — with competences sought at every level of the international economy.

Continued education is supported through direct PhD pathways in World Economy, International Economic Relations, and Business Law.

🎓 PhD Pathway 🌍 International Mobility ⚖️ Dual Qualification
Diplomacy & Government
Ambassador Extraordinary and Plenipotentiary
Government Councillor / Diplomatic Adviser
Permanent Delegate to International Body
Minister Counsellor in Diplomatic Service
Business & Finance
Business Analyst / Business Consultant
Manager — Development & Planning
International Investment Specialist
Tax Consultant / Economist
Legal Practice
Legal Adviser / Corporate Lawyer
Expert — Legislation Harmonisation
International Legal Specialist
Notary / Mediator / Arbitrator
International Organisations
International Relations Specialist
Economic Development Coordinator
Project Coordinator
Economic Policy Officer
Academia & Research
Higher Education Lecturer — Economics
Higher Education Lecturer — Law
Scientific Researcher in Business Economics
Key Sectors
Multinational companies
International financial institutions & banks
Insurance & arbitration institutions
Public & private legal/economic departments

Official Programme Documents

Download the full accredited study plan and teaching staff annex as approved by the AESM Senate and registered with ANACEC.

How to Enrol

Ready to Join IBL?

Applications are open to holders of a bachelor's degree or equivalent qualification recognised by competent Moldovan authorities.

01
Prepare your documents

Bachelor's diploma, transcript, passport/ID, and any additional materials as required by AESM admissions.

02
Submit your application

Complete the online application form and upload all required documentation to the AESM portal.

03
Admission review

The admissions committee evaluates your academic background against programme entry requirements.

04
Enrol and begin

Complete enrolment formalities and join the IBL cohort in October.

Admission Requirements

Bachelor's degree diploma (any field) or equivalent qualification recognised by Moldovan authorities
Proficiency in English — the entire programme is delivered in English
Completed application form with all supporting documentation
Commitment to full-time attendance over 2 academic years
Non-economics/law backgrounds may be required to complete the 30-credit Initial Curricular Minimum (economic theory, law, accounting, finance)
Start Your Application →