An photographing optical lens assembly includes, in order from an object side to an image side, a first lens element with positive refractive power, a second lens element with negative refractive power having a concave object-side surface and a concave image-side surface, a plastic third lens element with positive refractive power having a concave aspheric object-side surface and a convex aspheric image-side surface, a plastic fourth lens element with negative refractive power having a concave aspheric object-side surface and a convex aspheric image-side surface and a plastic fifth lens element having an aspheric object-side surface and an aspheric image-side surface. By adjusting the focal lengths of the second and the fourth lens element and the photographing optical lens assembly, and the curvature radii of the object-side and the image-side surface of the second lens element, the photographing optical lens assembly is miniaturized, and the image quality is improved.