University of Economics, Yangon
University of Economics, Yangon, Myanmar, is a leading institution specializing in the fields of economics, business, and management studies. As one of the country’s most prestigious higher education institutions, it has played a pivotal role in advancing the understanding of economic and social issues and preparing students for successful careers in both the private and public sectors. Founded in 1924, the University of Economics is renowned for its strong academic programs, research excellence, and its commitment to contributing to Myanmar’s economic development.
Location: Yangon, Myanmar
Programs Offered
Undergraduate Programs
- Economics
- Business Management
- Accounting
- International Business
- Marketing
Postgraduate Programs
- Master’s Degrees
- Master of Science (MSc) in Economics, Accounting, or Business Administration
- Master of Business Administration (MBA)
- Doctoral Degrees
- Doctor of Philosophy (Ph.D.) in Economics, Business Management, or Accounting
Tuition Fees
| Program Type | Fee Range (per year) |
|---|---|
| Undergraduate Programs | $2,000 – $4,500 USD |
| Postgraduate Programs | $3,500 – $7,000 USD |
| Foundation Programs | $1,500 – $2,500 USD |
Living Costs
| Main Expenses | Cost Range (per month) | Annual Estimate (12 months) |
|---|---|---|
| Accommodation (Dormitory) | $200 – $400 USD | $2,400 – $4,800 USD |
| Private Accommodation | $400 – $700 USD | $4,800 – $8,400 USD |
| Food | $100 – $200 USD | $1,200 – $2,400 USD |
| Transportation | $20 – $50 USD | $240 – $600 USD |
| Utilities & Miscellaneous | $50 – $100 USD | $600 – $1,200 USD |
- Total Estimated Monthly Cost: $370 – $1,450 USD
- Total Estimated Annual Cost: $4,440 – $17,400 USD
Accommodation Options
University-Managed Dormitories
- On-campus accommodation with shared rooms, offering affordable living options for students.
- Cost: $200 – $400 USD/month
Private Accommodation
- Apartments and shared housing available close to the university campus.
- Cost: $400 – $700 USD/month
Food and Dining
- On-Campus Dining: The university offers an affordable range of meal options that cater to the local culture and tastes of Myanmar.
- Meal Cost: $2 – $5 USD per meal
- Local Restaurants: Numerous local restaurants and international dining options are available around the university, offering a wide variety of cuisines.
- Meal Cost: $3 – $8 USD per meal
- Grocery Stores & Markets: Students can purchase affordable food and ingredients at nearby markets to prepare their own meals.
Visa Requirements
Eligibility:
- Offer letter from the University of Economics, Yangon
- Proof of financial stability
- Valid health insurance
Processing Time:
- Visa processing typically takes 4 to 8 weeks.
Visa Fee:
- Approximately $50 – $100 USD
Transportation Costs
- Local Travel: Yangon has an extensive network of public transportation options, including buses and ride-hailing services like Grab.
- Monthly Travel Cost: $20 – $50 USD
- International Travel: International flights to Myanmar are accessible via Yangon International Airport.
- Flight Costs: $400 – $1,200 USD depending on the origin and season.
Conclusion
The University of Economics, Yangon provides a rigorous and innovative environment for students interested in pursuing careers in economics, business, and management. With its focus on excellence in teaching and research, the university offers programs that provide a comprehensive understanding of economic principles and business practices. As Myanmar’s leading institution in economic and business studies, it continues to prepare the next generation of leaders and professionals who are well-equipped to address local and global economic challenges. The university’s distinguished faculty, practical learning experiences, and cultural relevance make it a prime choice for students seeking to make a lasting impact on Myanmar’s economy and the wider world.
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