University of Economics, Mandalay
The University of Economics, Mandalay, located in Mandalay, Myanmar, is one of the leading institutions specializing in economics, business, and related disciplines. Established in 1951, it has a long-standing tradition of academic excellence and is considered a vital part of Myanmar’s higher education system.
Established: 1951
Location: Mandalay, Myanmar
The University of Economics, Mandalay strives to offer students a robust education that combines theoretical foundations with practical skills in economics, finance, and business administration.
Programs Offered
Undergraduate Programs
- Bachelor of Economics (B.Econ): Focuses on the study of economic theory, data analysis, and economic policy development.
- Bachelor of Business Administration (BBA): Aimed at students interested in pursuing a career in business and management, offering courses in organizational behavior, marketing, and operations management.
- Bachelor of Accounting (BAc): Offers in-depth training in accounting principles, financial reporting, auditing, and taxation.
- Bachelor of Banking and Finance (BBF): A specialized program designed for students who aim to enter the financial sector, covering subjects like financial management, banking, and investment analysis.
Postgraduate Programs
- Master of Economics (M.Econ): A graduate program focused on advanced economic theories, econometrics, and public policy.
- Master of Business Administration (MBA): Provides advanced knowledge of management principles, strategy, leadership, and innovation in business contexts.
- Master of Accounting and Finance (MAF): Focuses on high-level accounting and financial management skills needed for leadership roles in accounting and financial institutions.
- Master of Development Economics (MDE): Focuses on economic development strategies, poverty reduction, and sustainable development practices in both domestic and international settings.
Doctoral Degrees
- Ph.D. in Economics: A research-intensive program for students interested in contributing to the advancement of economic theory, public policy, and other economics-related fields.
Tuition Fees
| Program Type | Fee Range (per year) |
|---|---|
| Undergraduate Programs | $1,500 – $4,000 USD |
| Postgraduate Programs | $2,500 – $6,000 USD |
| Foundation Programs | $1,000 – $1,800 USD |
Living Costs
| Main Expenses | Cost Range (per month) | Annual Estimate (12 months) |
|---|---|---|
| Accommodation (Dormitory) | $180 – $350 USD | $2,160 – $4,200 USD |
| Private Accommodation | $350 – $650 USD | $4,200 – $7,800 USD |
| Food | $90 – $160 USD | $1,080 – $1,920 USD |
| Transportation | $15 – $40 USD | $180 – $480 USD |
| Utilities & Miscellaneous | $40 – $80 USD | $480 – $960 USD |
Total Estimated Monthly Cost: $320 – $1,140 USD
Total Estimated Annual Cost: $3,840 – $13,680 USD
Accommodation Options
- University-Managed Dormitories: On-campus dormitory facilities that offer basic and affordable accommodations for students.
Cost: $180 – $350 USD/month - Private Accommodation: Private housing options are available in the vicinity of the university, providing students with increased privacy.
Cost: $350 – $650 USD/month
Food and Dining
- On-Campus Dining: The university offers affordable on-campus dining with both local Burmese and some international dishes.
Meal Cost: $2 – $5 USD per meal - Local Restaurants: Restaurants in Mandalay provide a wide range of meal options, including traditional Burmese cuisine and international food.
Meal Cost: $3 – $7 USD - Grocery Stores and Markets: Students can shop in local markets and stores to prepare their own meals, which can be a cost-effective option.
Visa Requirements
- Eligibility: Offer letter from the University of Economics, Mandalay, proof of financial stability, valid health insurance.
- Processing Time: Visa processing typically takes 4 to 6 weeks.
- Visa Fee: Approximately $50 – $100 USD
Transportation Costs
- Local Travel: Mandalay offers a range of transport options, including public buses and ride-hailing services like Grab.
Monthly Travel Cost: $15 – $40 USD - International Travel: Mandalay International Airport is well-connected with international airports, and students can access major global destinations easily.
Flight Costs: $400 – $1,000 USD, depending on the time of year and flight origin.
The University of Economics, Mandalay offers a supportive academic environment for students interested in the fields of economics, business, and finance. Through its focus on academic excellence, research, and community impact, the University of Economics, Mandalay remains a leading institution for higher education in Myanmar.
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