The Romanian Academy of Economic Studies is a superior educational institution with an economic profile, founded in 1913 by King Carol I.
The present building was erected between 1916 and 1926 following the drawings of the architect Grigore Cerchez.
The building is marked by an impressive dome with a ball on top of it. The legend has it that when the first college girl will graduate this school as a virgin, then the ball will fall off the roof. When the ball had disappeared some years ago, been in fact taken down for renovations, the students believed that finally a first college girl finished the school not being virgin anymore.
More than this, once the statue of Take Ionescu, a Romanian politician, was erected not far away from the college, pointing towards the building. The passers-by used to ask the statue where the women are. Take Ionescu was answering by pointing towards the university.
Address: 6 Romana Square