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
Bago, Negros Occidental under which a native prince Mapagic died according to the writings of a Spanish historian, Diego de Povedano. Another version, however, noted that the name came from the shrub, "bago-bago" that grew abundantly in the riverbanks. Around the 17th and 18th Centuries, settlers from Molo, Iloilo formed a little village at the mouth of Bago River, presently a rich source of sand and gravel. The village grew into a large settlement prompting its elders to pass a petition for its conversion into a town or "pueblo", which was granted in 1800. Its history has its beginning on September 6, 1571