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The University as a key player in the knowledge-based society aims to contribute to the welfare of the individual and of the socio-economic environment generating and transferring knowledge through education, research and innovation. The main idea of ​​this work is that it is essential to identify and manage risks related to the main beneficiaries of the Romanian academic system, i.e. prospective and current students and university graduates. In this regard, it is useful to analyse, to identify these risk factors, the issue of the number of graduates and the main causes affecting the dynamics of prospective and