Monywa Institute of Economics
Encyclopedia
The Monywa Institute of Economics , located in Monywa
Monywa
Monywa is a city in Sagaing Division, Myanmar, located 136 km northwest of Mandalay on the eastern bank of the River Chindwin.-Transport:...

, Sagaing Region, is one of three universities of economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 and business
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 in Myanmar
Myanmar
Burma , officially the Republic of the Union of Myanmar , is a country in Southeast Asia. Burma is bordered by China on the northeast, Laos on the east, Thailand on the southeast, Bangladesh on the west, India on the northwest, the Bay of Bengal to the southwest, and the Andaman Sea on the south....

. The institute offers undergraduate and graduate degrees and diplomas, mostly in commerce
Commerce
While business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...

, statistics
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....

 and economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

. It also has a small stable of graduate degree programs, including a full-time MBA program.

History

Until the founding of the Monywa Institute of Economics in September 1998, the Yangon Institute of Economics
Yangon Institute of Economics
The Yangon Institute of Economics is the premier university of economics and business in Myanmar. Founded as the Department of Economics of Yangon University in 1924, the institute became an independent university of higher learning in 1964...

 was the only university of economics and business school in Myanmar. The institute came into being at a time when most universities and colleges in Myanmar had been shut down by the military government
State Peace and Development Council
The State Peace and Development Council was the official name of the military regime of Burma , which seized power in 1988. On 30 March 2011, Senior General Than Shwe signed a decree to officially dissolve the Council....

 since December 1996, following student demonstrations in Yangon. The school closures were part of a series of multi-year school closures throughout the 1990s, following the nationwide uprising against the military government in 1988 that were initiated by the university students in Yangon.

The founding of MIE is widely believed to be part of the government's wider program to disperse college students away from the established universities and their city center locations to more isolated remote locations.

Programs

The institute mainly offers bachelor's degree and undergraduate diploma programs. Regular bachelor's degree programs take three years and Honors programs take four years. The master's programs take two years. The institute's Human Resource Development (HRD) Center offers undergraduate diploma and certificate programs in Accountancy, Basic Applied Economics, Advanced Applied Economics, Applied Information Technology, etc.

Overview

Program Bachelor's Master's Doctoral
Accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...

BEcon N/A N/A
Applied Economics
Applied economics
Applied economics is a term that refers to the application of economic theory and analysis. While not a field of economics, it is typically characterized by the application of economic theory and econometrics to address practical issues in a range of fields including labour economics, industrial...

N/A N/A N/A
Business Administration BBA MBA N/A
Commerce
Commerce
While business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...

BCom MCom
Development Studies
Development studies
Development studies is a multidisciplinary branch of social science which addresses issues of concern to developing countries. It has historically placed a particular focus on issues related to social and economic development, and its relevance may therefore extend to communities and regions...

N/A MEcon
Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

BEcon MEcon
Management Studies N/A MEcon
Population Studies BEcon. N/A N/A
Public Administration
Public administration
Public Administration houses the implementation of government policy and an academic discipline that studies this implementation and that prepares civil servants for this work. As a "field of inquiry with a diverse scope" its "fundamental goal.....

BPA MPA N/A
Statistics
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....

BEcon MEcon

MBA program

The Master of Business Administration (MBA) Program is offered in English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

by the Department of Management Studies. The two-year program consists of eight quarters (semesters). Three four-credit courses are offered in each quarter. To complete the MBA, the candidates must take 24 courses to obtain the required 96 credit units.

Reflecting the relatively undeveloped business environment in Myanmar, the MBA degree offered is only in general management. No other majors such as accounting, finance or banking are available.
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