Yangon University of Economics Yangon University of Economics The Yangon University of Economics (formerly the Institute of Economics, Yangon; ) 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. The institute offers undergraduate and graduate degrees and diplomas, mostly in commerce, statistics and economics. 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
Yangon universities in the country, highlighting the extreme shallowness of talent pool in the country. The wealthy bypass the state education system altogether, sending their children to private English language instruction schools such as YIEC or more widely known as ISM, or abroad (typically Singapore or Australia) for university education. In 2014, international schools in Yangon cost at least US$8,000 a year. There are over 20 universities and colleges in the city. While Yangon University remains the best known (its main campus is a part of popular Burmese culture e.g. literature, music, film, etc.), the nation's oldest university is now mostly