Study an MBA degree in Bangkok, Thailand
Studying an MBA degree abroad is an excellent way to expand your career options while creating an international network of colleagues. Siam University offers a chance to study an affordable MBA degree in the vibrant capital city of Bangkok in Thailand. You can also join the program for one or two semesters as an exchange student.
Still in your Bachelor’s?
For whom is the MBA program intended?
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 likely be beyond the reach of those with just a Bachelor’s degree. In many countries, an MBA degree is almost a necessity in today’s job markets.
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.
MBA degree course outline
IMBA (International Master of Business Administration) degree at Siam University consists of:
- 9 core courses (obligatory for all the MBA students)
- 4 elective courses
- 1 business project (thesis / independent study)
Nine core courses are obligatory for all degree students. Students can choose 3-5 MBA courses per semester. In addition, MBA students can also choose BBA courses as long as the total number of the courses per semester is not more than 6.
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/January – April/May)
- 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/May – 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):
- 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 MBA Course Composition
The Course Composition has a list of all the courses together with short course descriptions. Download the document here.
Siam University in Bangkok, Thailand
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.
Cost of the MBA program
Students accomplishing the whole MBA degree
Siam University’s MBA costs approximately 5500 USD (5000 EUR, 2/2016), depending on your course choices and on how many semesters your studies take. The tuition for the first two semesters is 1640 EUR (European students) or 1830 USD (non-European students) per semester. When choosing to do the whole MBA 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 120 USD (100 EUR) discount on the total tuition fee.
It is recommended to take as many MBA courses as possible during the first two semesters (i.e. 5 courses per semester), that way the tuition fee for the remaining semester(s) is the lowest possible.
The cost of the Siam University’s MBA program is very reasonable 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 MBA 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 75 EUR.
For non-European exchange students, the price of an individual exchange semester is 2880 USD. The registration fee is 97 USD.
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
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 to the MBA program in Siam University
Applying is easy and you’ll receive an initial acceptance letter via email within a week of sending in your application. You can start to make travel arrangements immediately after receiving the letter.