University of Medicine, Magway was reputed to have the most economically, culturally and ethnically diverse student population as the Union University, , among all Burmese universities of medicine. But, when educational reforms are started under the New Regime, the numbers of fresher candidates is reduced to 99 (2012 December) and those fresher students are from Magway Region, Shan State(East), Rakhine State, Bago Region (West). The fresher students from Lower Myanmar are relocated to University of Medicine 2, Yangon, and those from Kachin State, Chin State and Sagaing Region are to University of Medicine Mandalay. University of Medicine, Magway, is one of five schools in
Magway Region are sesamum and groundnut. Other crops grown are rice, millet, maize, sunflower, beans and pulses, tobacco, toddy, chili, onions, and potatoes. Famous products of Magway Region include: Thanaka (Limonia acidissima) and Phangar (Chebulic myorobalan) fruit. Magway has almost no tourist industry. According to official statistics, Magway Region had 3859 schools of which only 70 were high schools. Only about 10% of the division's primary school students reach high school. Most of 12 colleges and universities in the division are located in Magway, Yenangyaung and Pakokku. The University of Medicine, Magway is one of the most selective universities in the country.Yenangyaung