Yangon Institute of Economics
Encyclopedia
The Yangon Institute of Economics (also the Institute of Economics, Yangon; , jàɴɡòuɴ síbwájé tɛʔkəθò) is the premier university 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....

. Founded as the Department of Economics of Yangon University in 1924, the institute became an independent university of higher learning in 1964. 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 is also the primary business school in the country, offering full-time, executive and online MBA degrees.

The institute serves over 7000 undergraduate and graduate students over its three Yangon area campuses: the main campus in Kamayut
Kamayut Township
Kamayut Township is located in the north central part of Yangon. The township comprises ten wards, and shares borders with Hlaing township in the north, Hlaing township and Kyimyindaing township in the west, the Inya Lake, Bahan township and Mayangon township in the east, and Sanchaung township in...

 in the city and satellite campuses in Hlaing
Hlaing Township
Hlaing Township is an area of Yangon, Myanmar. The township comprises 16 wards and shares borders with Mayangon township and Thamaing Creek in the north, Mayangon township and Inya Lake in the east, Kamayut township in the south and Hlaingthaya township in the west. In 2000, the township's...

, and Ywathagyi.

History

The YIE began as Department of Economics under the Yangon University in 1924. The Department of Economics began offering commerce as a special subject in 1940, and courses in statistics in 1953. In 1955, a separate Commerce Department was established, and in 1956 a separate Statistics Department was established. In 1964 the institute became an independent tertiary institute with three academic departments and one separate research department. In 1987, the Research Department was transformed into the Department of Management Studies and another academic department, the Department of Applied Economics was created. The Institute now has five major academic departments and four supporting academic departments: Burmese
Burmese language
The Burmese language is the official language of Burma. Although the constitution officially recognizes it as the Myanmar language, most English speakers continue to refer to the language as Burmese. Burmese is the native language of the Bamar and related sub-ethnic groups of the Bamar, as well as...

, 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...

, mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...

 and geography
Geography
Geography is the science that studies the lands, features, inhabitants, and phenomena of Earth. A literal translation would be "to describe or write about the Earth". The first person to use the word "geography" was Eratosthenes...

.

It added not only a full-time MPA (2000), MDevs (2004) but also a full-time MBA program in 1995, an executive MBA (EMBA) program in 2002, and an online MBA program in 2007.

Programs

The institute confers bachelor's, master's and doctoral degrees as well as post-graduate diplomas. Regular undergraduate programs take three years and Honors undergraduate programs take four years. The master's programs take two years.

Overview

Program Bachelor's Master's Doctoral
Accounting B.Act. M.Act. Ph.D. (Com.)
Business Administration BBA MBA Ph.D. (Com.)
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...

B.Com. M.Com. Ph.D. (Com.)
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...

B.Dev.S. M.Dev.S. Ph.D. (Econ.)
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"...

B.Econ. M.Econ. Ph.D. (Econ.)
Management Studies B.B.A. M.B.A. Ph.D. (Com.)
Population Studies B.P.S. M.P.S. Ph.D. (Stats)
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 Ph.D. (Econ.)
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....

B.Econ. (Stats) M.Econ. (Stats) Ph.D. (Stats)

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.

Post-graduate diplomas

Post-graduate diplomas are one-year programs.
  • Diploma in Economics Studies
  • Diploma in Statistics
  • Diploma in Management Administration
  • Diploma in Education Management
  • Diploma in Development Studies

Certificate and diploma programs

The institute's Center for Human Resource Development conducts short-term training courses, certificate and diploma programs "to meet the needs of public and private sectors of the country." Higher diplomas lead to degree programs.
  • Certificate in Business Studies (CBS)
  • Certificate in Bookkeeping (CBK)
  • Certificate in Basic Computing (CBC)
  • Certificate in Business Information Studies (CBIS)
  • Certificate in Advanced Business Studies (CABS)
  • Certificate in Advanced Accounting (CAA)
  • Certificate in Computerized Accounting (CAA)

  • Diploma in Business Studies (DBS)
  • Diploma in Financial Accounting (DFac)
  • Diploma in Management Accounting (DMac)
  • Diploma in Business Accounting (DBac)
  • Diploma in Development Studies
  • Diploma in Secretarial Management (DSM) (in collaboration with LCCI EB of British Council)

  • Higher Diploma in Business Studies (HDBS)
  • Higher Diploma in Accounting Studies (HDAS)

International cooperation and collaboration

The YIE is recognized as one of the Centers of Excellence (COE) by the Association for Overseas Technical Scholarship (AOTS) of Japan and also member of ASEAN University Network (AUN). The institute is also affiliated with Osaka Sanjo University of Japan, Yunnan University of Finance and Economics (YUFE) of China, Management Development Institute of Singapore (MDIS), University of Utara Malaysia (UUM) and University of Kaiserslautern of Germany.
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