Siam University - Bangkok, Thailand

MBA in Asia

MBA degree abroad is an excellent way to further your career options while creating an international network of colleagues. Siam University offers a chance to study an MBA degree in the vibrant capital city of Bangkok. You can also join the program for a semester as an exchange student.

To whom is the program intended for?

Master of Business Administration (MBA) degree is an internationally recognized Master’s degree that is often considered the entry ticket to a successful management career. The MBA is essentially a general qualification designed to widen the horizons of business professionals and provide credentials for executive positions.  It takes into account all the major functions and practices of a business. An MBA is a postgraduate degree.

Students of MBA programs study the theory and application of business and management principles. The studies equip students with knowledge that can be applied to a variety of real world business situations.

Why Get an MBA Degree?

The main reason to attend an MBA program is to increase your salary potential and advance your career. Graduates who hold an MBA degree are usually eligible for jobs that would not be offered to those with a Bachelor’s degree. An MBA degree is almost a necessity in today’s job markets in many countries.

In addition to an education in general management, MBA programs have various areas of expertise students can utilize to further develop their personal resume. An MBA degree is relevant to all industries and sectors and is valuable regardless of the career chosen after graduation. The MBA curriculum at Siam University is approved by the Ministry of Education in Thailand and revised regularly to reflect the changing global environment.

IMBA degree course outline

IMBA degree at Siam University consists of:

  • 9 core courses (obligatory for all the IMBA students)
  • 4 elective courses
  • 1 business project (thesis / independent study)

Nine core courses are obligatory for all degree students. Students can select 6 courses per semester.

The core courses are offered in a cycle according to the following plan:

Semester 1 (August – December)
505-110 : Technology and Information System Management
508-110 : Logistics and Operation Management
503-110 : Human Resources Management
500-110 : Managerial Economics
506-222 : International Business Management

Semester 2 (December – April)
504-110 : Financial Management
508-220 : Logistics and Supply Chain Management
501-110 : Managerial Accounting
507-110 : Organization Behavior and Corporate Governance
700-201 : English For Graduate Studies

Semester 3 (April – August)
502-110 : Marketing Management
507-112 : Strategic Management
700-111 : Research Methods for Social Sciences
506-110 : Economic Integration and ASEAN Studies

Specializations and elective courses

Siam University offers 8 areas of specialization (Groups):

  • Accounting
  • Marketing Management
  • Human Resources Management
  • Financial and Banking Management
  • International Business Management
  • General Management
  • Hotel and Tourism Management
  • ASEAN Studies Management

Students need to choose four courses from one group. The course schedule for elective courses is built according to students’ wishes.

Exchange students participating in one or two semesters can freely select from courses on offer.

Siam University Course Composition

The Course Composition has more detailed information on the courses. Download the document here.

Detailed course descriptions and more on studies here.


Siam University is one of Thailand’s oldest, largest and most cosmopolitan universities. The university was founded in 1965 and it is Thailand’s fifth largest private university.

Siam University is a popular location among international students and it has several exchange agreements with universities around the world. The university has a student body of about 15,000 students studying in ten different faculties. Read more


Students accomplishing the whole MBA degree

Siam University’s IMBA costs approximately 5500 USD (4500 EUR, 12/2014), depending on your course choices. The tuition for one semester is approximately 1000-1500 USD. When choosing to do the whole IMBA degree, the tuition fees for the first two semesters will be paid to Asia Exchange all at once and the remaining semester(s) directly to the university. Following this procedure it is possible to get a 118 USD (100 EUR) discount on the total tuition fee.

The cost of the MBA is very reasonable in Siam University compared to many other MBA degrees in the world. For example, in Nordic universities an MBA degree costs approximately 20 000 EUR or more.

Students participating for one to two semesters

If you wish to study only one or two semesters in the IMBA program as an exchange student (i.e. not accomplish the whole MBA degree), the tuition fee per semester is 1640 EUR.
The application fee is 50 EUR.

If you take part in two semesters, you will get a discount of 100 EUR from the second semester. The tuition fee will be paid directly to Asia Exchange. Asia Exchange will send the students the invoice for the tuition fee at least 45 days prior to the start of the study program.

The price includes:

  • Tuition fee
  • Application process
  • Orientation guide
  • Asia Exchange’s personal guidance
  • Asia Exchange’s student card (student discounts)

Unlike other free movers, non-native English speakers going abroad via Asia Exchange are not required to take a TOEFL English language proficiency test which costs approximately 185 USD.


Applying is easy and you’ll receive an initial letter of acceptance within a week of sending in your application. You can start to make travel arrangements after receiving your initial acceptance letter. See how to apply

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Semesters & application periods

Trimester 2
Semester dates:
Dec 16, 2014 – April 5, 2015
Trimester 3
Semester dates:
April 16 – Aug 9, 2015
April 18, 2015
Application deadline:
Jan 14, 2015
Trimester 1
Semester dates:
Aug 11 – Dec 11, 2015
Aug 15, 2015
Application deadline:
May 11, 2015
Trimester 2
Semester dates:
Dec 12 – April 12, 2016
Dec 19, 2015
Application deadline:
Sep 16, 2015
Trimester 3
Semester dates:
April 12 - Aug 13, 2016
Application deadline:
Jan 14, 2016

If needed, ask us about the possibility to apply after the deadline. Siam University reserves the right to changes in dates and course offerings.


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