Established in 1991, Academia de Studii Economice din Moldova (The Academy of Economic Studies of Moldova) is a non-profit public higher-education institution located in the urban setting of the large city of Chisinau (population range of 500,000-1,000,000 inhabitants). Officially recognized by the Ministerul Educatiei a Republicii Moldova (Ministry of Education of the Republic of Moldova), Academia de Studii Economice din Moldova (ASEM) is a medium-sized coeducational Moldovan higher education institution. Academia de Studii Economice din Moldova (ASEM) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 31 years old Moldovan higher-education institution has a selective admission policy based on students' past academic record and grades. The admission rate range is 40-50% making this Moldovan higher education organization a averagely selective institution. International applicants are eligible to apply for enrollment. ASEM also provides several academic and non-academic facilities and services to students including a library, sports facilities, as well as administrative services.