Program Details

Course structure

MABE offers full-time (one year) and part-time (two years) programs.  In each program, students can choose between thesis or non-thesis option to achieve a total of 36 credits.

Course structure (for both full-time and part-time programs);

  • 8 core courses (24 credits)
  • and a thesis (12 credits)

*One course might have to be taken if necessary.

  • 8 core courses (24 credits)
  • 3 elective courses (9 credits)
  • an Individual study (3 credits)
  • and a comprehensive examination

Important note

Important note to an applicant who wants to choose a full-time program with a THESIS option.

According to Chulalongkorn University, completing a master degree with a thesis requires several important steps as well as a strong commitment from an applicant. It is thus very important that an applicant understand the necessary process and properly prepare for it from the beginning.

In certain cases, an applicant who chooses a full-time program with a thesis option might not be able to complete such a degree within one year.  If that happens, an applicant will have to stay in the program longer than expected, which also involves additional time and expenses on his/her behalf.

For details: [Thesis process]

Additional Suggestions

MABE would like to suggest that an applicant who wants to choose a full-time program with a thesis option should prepare yourself properly, including:

1. Have a clear idea on the subject of your thesis.  Make sure that you have a good knowledge on that subject and try to gather as many relevant references about it as much as possible.

2. Understand and closely follow MABE’s steps and time frame involved in order to complete a master degree with a thesis on time.

3. Inform MABE office as soon as possible about the subject of your thesis.  It is important as MABE is able to find suitable advisor for you early.

For details: [Comprehensive Exam]

Course plans
Thesis Option
Non-Thesis Option
1st Trimester
4 Core Courses
4 Core Courses
2nd Trimester
4 Core Courses
4 Core Courses
3rd Trimester
Thesis
3 Elective Courses Individual Study Comprehensive Examination
Thesis Option
Non-Thesis Option
1st Trimester
2 Core Courses
2 Core Courses
2nd Trimester
2 Core Courses
2 Core Courses
3rd Trimester
2 Core Courses
2 Core Courses
4th Trimester
2 Core Courses
2 Core Courses
5th Trimester
Thesis
1 Elective Course Individual Study
6th Trimester
Thesis
2 Elective Courses Comprehensive Examination

Core and Elective courses

Core courses:

2940603 : Advanced Economic Theory I (3 credits)

The theory of the consumer and producer; oligopoly; game theory; general equilibrium; uncertainly and imperfect information.

2940604 : Advanced Economic Theory II (3 credits)

Determination of aggregate demand and supply; microeconomics; foundations of macroeconomics; types of macroeconomic models; and the theories related to the major macro variables such as consumption, investment, inflation, unemployment ,business cycles and monetary and fiscal policies.

2940605 : Quantitative Methods in Economic Analysis (3 credits)

Basic data; formulation and estimation of econometric models; forecasting and simulation techniques; computer applications in these areas.

2949651 : Cost and Financial Analysis (3 credits)

Financial system of firm; managing operating funds; assessment of firm performance; projection of financial requirements; analysis of capital investment decisions; assessment of the cost of capital; analysis of financing choices of firm.

2949601 : Economics of Production and Marketing Management (3 credits)

Economic relationships between organizational production and marketing management; production theory and organizational practice in planning, administration and factory control to improve productive efficiency and quality control; theories and techniques of current marketing management

2949653 : Economics of Human Resource Management (3 credits)

Various economic theories related to investment in human capital; education, training, health care, migration, job information, and child quality, assuming heterogeneity of population; econometric method using the selection technique to correct ability or selectivity bias; macro effects of investments in human capital, particularly in various levels of education, on the urban Thai economy, the imbalances between such investments and absorptive capacity of the urban formal labor market, the imbalance between the rural and urban sectors, migration, unemployment, under-employment, the evolution and expansion of the urban informal labor market, and appropriate human resource development, and planning.

2949652 : Money and Financial Management in Economic Development (3 credits)

Analysis of the role of money and finance in economic development; theories and empirical studies of the effect of monetary policy on economic development; financial institution and money market in developing countries; the government’s role in policy making and developing money and capital markets and system for economic development.

2949656 : Economics of International Business Management (3 credits)

Scope, structure and evolution of international business; theories related to international business phenomena; problems in business activities among various economic, social and political environment; structure and factors affecting international business, e.g. monetary market, rules and regulations on trade agreements and international law, role of the government and international organizations; the control of multinational corporation; economic analysis of the multinational corporation.

Elective Courses (not all elective courses will be offered in a given trimester):

2942614: International Financial and Investment Theory (3 credits)

The development and theory of international financial and investment system; investment decisions; theory of investment choice; theory of efficient capital market; capital structure and cost of capital; exchange rate system and parity conditions; supplication to the issues of leasing, merger and acquisitions and corporate finance; law and regulations on international finance and investment; and financial planning for business of various sizes.

2949654 Research Method and Workshop in  Business and Managerial Economics (3 credits)

Research methodologies in social sciences and their application to studies and cases in economics of business and management; problem identification; data collection and analysis; hypothesis formation and testing; presentation of research results.

2949657 Project Evaluation and Project Feasibility Analysis (3 credits)

Concepts, process and methodology in feasibility analysis of private and public investment projects, especially the analysis of marketing, technical, financial, laws, economic, environmental and externalities; preparation of the feasibility study, project proposal and report with an emphasis on practices and case studies of practical public and private projects.

2949658 Economics of Risk Management (3 credits)

Introduction to risk and risk management; management of risk in business environment; insurance; relevant laws and regulations, and related public policy.

2949659 Special Topics in Business and Managerial Economics (3 credits)

In-depth study of interesting and up-to-date topics in business and managerial economics; topics will be selected and announced each year.