Department of Business and Economics is purposefully to breed proficient, inspired future business leaders who are capable and motivated in contributing the welfare of the society. In addition; they are the ones who stand as successful leaders in the partial fulfillment for community enhancement by using digitally advanced IT technology,
related diverse business knowledge and exposures.
It stands for nurturing business management students to be equipped with contemporary business ideas and concepts in the IT related business professional field. Also; it attempts to encourage in creating a constructive network with business partners through providing enriched and diverse teaching techniques by quality teaching staff.
The subjects provided by Department of Business and Economics are supposed to be in line with the requirement of tremendously challenging environment. Most of the lecturers have international experience and possess foreign degrees. It is situated in unique environment of downtown area that can be accessible from different locations.
- To up rise proficient, inspired and applicable future business leaders with IT related diverse business knowledge and experience in the practical business fields.
- To nurture business management students equipped with contemporary business ideas and concepts in the IT related business professional field and to connect a constructive network with business partners through providing enriched and enlarged teaching techniques upgraded by quality teaching staff.
The faculty of Business and Economics is to:
- provide research- and practice-based program along with English and IT skills.
- explore, develop, and adopt new and better teaching methods.
- deliverhighly employable students with strong analytical skills, creative intelligence, entrepreneurial and leading skills needed for solving complex problems in frequently changing environment.
- Create constructive business communication and relationship networks among the stakeholders
Value of Business and EconomicDepartment
- Leader , Empowerment , Innovation, Transparency, Commitment, Integrity
- Trust, Respect , Accountability
Opportunities for Students
For the NMDC graduated students, the percentage of getting a job is about 80%, and about 20% is continuing their master degree studies and studying abroad. Total number of students of Business Management is about 500 students in NMDC. Among them, to join as a business management students, it is needed to get high matriculation exam marks (488 total marks in 2017-2018 academic years). Class size is 50 students per class. Teachers are not only from faculty of Business and Economics but also from the Yangon Institute of Economics, from the Yangon University, and experts from industries.
For 2019 – 2020 academic year, the students who got at least 440 marks in their matriculation exam can apply the Business Management Major. The students who apply this major, it would be the best for those who are deeply interested in Business Management, setting challenging goals in their career life, passionate to become a business leader and willing to contribute from business to social welfare.
Teaching Style and Teaching Methods
The teaching style too distinct by giving empowerment to the students together with practicing the student centered approach. As it is students oriented, it can be said as the system that completely fulfills the student needs and requirements for teaching and learning. In classroom learning, we are not only providing hard skills and soft skills, but also supplying continuous assessments, case study, interactive evaluation, mini tests, quizzes and IT applicable problem solving methods and creating continuous students learning processes. Moreover, there are cross functional teams and group work to improve negotiation skills, presentation, role playing to gain in-depth knowledge about the subjects and sharing activities to enhance the emotional quotient (EQ) as well.
Two-way interactive teaching method is used by interactive discussion between teachers and students in the classroom.
Exam System and Exam Assessment Criteria
The exam assessment system covers class room participation, presentation, case study, individual assignment, group work, mini test, quiz and project paper or term paper. It is based on coverage, requirement, scope and context of a particular subject area. Exam is going to be considered by Classroom Participation 40% and Exam 60% or Classroom Participation 60% and Exam 40%.
For extra curriculum, we provide not only after school opportunities, seminars, workshops, forums, Art-shows, Open campus, Exhibition, Business scholarship programs but also the internship programs for business relationship network.
Creating Leadership Trait and Capability
The department stimulates to influencing BM students by trust building networks to achieve indivial goal and departmental goal. For getting leading and cooperation skills, students are empowered in extra-curriculum activities such as arrangements for Job Fair, Long Trip, Paying Homage Ceremony, Fun Fairs, Art Exhibitions, Sport Activities, Club Activities((Music Club, Presentation and Public Speaking Club, Handmade Club, Literature Club, Dance Club, Myanmar Traditional Dance Club, Art Club, Language Club, Volley Club, Photography Club ).
Constructing External and practical Exposures
To get external and practical business related knowledge, it also is arranged to offers seminars by industry experts, industry visit to the relevant industry, and long trip to other cities. In addition, the students can gain real work experience by working as interns for two months at different industries. For getting job opportunities, NMDC Job Fair are held once a year at NMDC (Botataung Campus) by inviting various and diverse businesses in different industries.
There are more than 200 companies collaborated with the college for the internship programs till now. Some of the companies connected with our internship programs are- MIT, CB, KBZ, Yoma, Esun Bank , AYA Bank, Shop.com, Meizin Oil, Atar Oo, Information Matrix, Blink Co.ltd, Heineken, Uniliver, Capital Diamond Star Group, CocaCocla, Myan Art, HOG, Telenor Myanmar.
Number of academic staff are totally 15 (2 Professors, 1 Associate Professor, 9 Lecturers and 3 Assistant Lecturers).
Dr. Thynn Thynn Myint (Professor/ Head )( Ph.D, MBA(IUJ),M.Com, DCMM,B.Com(Honours)
Dr. Thynn Thynn Myint received her bachelor degree of B.Com in 1985 and got B.Com(honours:) degree in 1986. She acquired her DCMM specializing on marketing management at Bangalore, India in 1995. She got her M.Com degree with the thesis topic of ‘Selected Privately owned Hotel in Myanmar‘ specializing on commerce and management at the Hotel Industry in Myanmar in 1996. She obtained her MBA degree focusing on the area of marketing with the thesis title of Marketing Strategies of Hotel Industry in Myanmar 2004-2006 from International University of Japan(IUJ). She achieved her Ph.D degree specializing on leadership associated research area of Leadership Competencies of Myanmar Managers through 2008 to 2012 respectively.
Dr. Le Le Wai (Professor )( Ph.D, MEcon, BEcon (Honours))
Dr. Le Le Wai obtained her bachelor degree of B.Econ (Honours, Economics) in 1994 and achieved her M.Econ (Economics) degree in 1997. She accomplished her Ph.D degree specializing on “A Structural Change in Myanmar’s Imports” in 2008.
Dr. Nyein Nyein (Associate Professor) (Ph.D, MEcon, BEcon(Q))
Dr. Nyein Nyein received her bachelor degree of B.Econ(Statistic) in 1991 and got M.Econ(Statistics) degree in 1997. She achieved her Ph.D (Statistics) in 2017.
Dr. Nan Thida Win (Lecturer )( Ph.D, M.Com, B.Com(Honours)
Dr. Nan Thida Win received her bachelor degree of B.Com (honours:) degree in 2001. She got her M.Com degree in 2005. She achieved her Ph.D degree specializing on “Job Mobility of Managers from Private Banks in Myanmar” through 2014 to 2019 respectively.
Daw Me Me Khin (Lecturer)( MEcon, BEcon(Q))
Daw Me Me Khin received her bachelor degree of B.Econ (Statistic) in 1998 and got M.Econ(Statistics) degree in 2004 in Yangon University of Economics.
Dr. Win Yin Htike (Lecturer )Ph.D, M.B.A, B.Com(Q)
Dr. Win Yin Htike received her bachelor degree of B.Com (Q) degree in 2002. She got her M.B.A degree in 2006. She achieved her Ph.D degree specializing on “Competitive Strategies and Performance of Supermarkets” through 2013 to 2018 respectively.
Daw Myint Thu Zar Ei(Lecturer )M.Com, B.Com(Q)
Daw Myint Thu Zar Ei received her bachelor degree of B.Com (Q) degree in 2002. She got her M.Com degree in 2007. She is now attending her Ph.D degree specializing on “Consumer Behavior Intention of Women Ware Brand” from 2015 to current period.
Daw May Su Myat Htwe Aung (Lecturer )M.Com, B.Com(Q)
Daw May Su Myat Htwe Aung received her bachelor degree of B.Com (Q) degree in 2002. She got her M.Com degree in 2007 at Yangon University of Economics.
Daw Moe Moe Htay (Lecturer)(M.Com, B.Com (Qualifying)
Daw Moe Moe Htay obtained her bachelor degree of B.Com (Q) in 2002 from Yangon Institute of Economics and achieved her M.Com degree in 2006 from Monywa University of Economics. She has already pass the Ph.D (Commerce) preliminary examination.
Daw Khin Htar Htar Thwe (Lecturer)( MEcon, BEcon (Q))
Daw Khin Htar Htar Thwe obtained her bachelor degree of B.Econ (Economics) in 2002 and achieved her M.Econ (Economics) degree in 2008.
Daw Yee Mon Thant (Lecturer)( MEcon, BEcon(Q))
Daw Yee Mon Thant received her bachelor degree of B.Econ (Statistic) in 2003 and got M.Econ(Statistics) degree in 2007 in Yangon University of Economics.
Daw Chan Myae July (Assistant Lecturer )(MA(Public Economics),M.Econ,B.Econ(Q), Dip (Global English)
Daw Chan Myae July received her bachelor degree of B.Econ in 2005. She got her M.Econ (Economics) degree in 2007. She obtained her MA (Public Economics) degree focusing on the area of public economics with the thesis title of The Effects of FDI on Economics Development and Technology Transfer from International Christian University(ICU), Japan in 2015. She also got a Diploma in English at Yangon University in 2019.
Daw Mon Mon Oo (Assistant Lecturer )(MA(Public Economics),M.Econ,B.Econ(Q), Dip (Global English)
Daw Mon Mon Oo received her bachelor degree of BBM in 2007 at National Management Degree College. She got her MBA degree in 2012 at Meiktila University of Economics. She obtained her MA (Economics) degree from Hiroshima University, Japan in 2014.
Daw Cho Me Maung Maung (Assistant Lecturer)M.Com (Master of Commerce), MA(Master In Urban Analysis and Management)
Daw Cho Me Maung Maung received her bachelor degree of BA (Business Science) in 2008. She got her M.Com (Commerce) degree in 2012. She obtained her MA( Master in Urban analysis and Management) degree focusing on the area of tourism and management field with the thesis title of “ How to preserve heritage colonial buildings in Yangon” from Florence University, Italy in 2017.
Offered Subjects from First Year to Final Year
Department of Business and Economic offers business related applicable subjects in NMDC. There are altogether 3 hybrid subjects that are proportionately combined into BBM subjects in terms of business management, business statistics and economics.
In the first year, total 14 subjects are introduced and 7 are for the first semester and the rest 7 are for second semester. The subjects in the first semester consist of foundation course, core course and special course. Students need to study Myanmar, Business English, and Mathematics foundation courses; Microeconomics, Business Statistics I and Business Organization as core courses, and aspects of Myanmar as a special course for the first semester.
For the second semester, it is needed to study Myanmar, Business English, and Mathematics as foundation courses; Macroeconomics, Business Statistics II and Business Accounting as core courses, and Aspects of Myanmar as a special course.
In the second year, students have a chance to study the total 12 subjects for both first semester and second semester. The six subjects is needed to study for each semester.
The subjects in the first semester of Second year contain Business English, Integrated Human Geography and Environmental Geography as foundation courses; General Management, Financial Accounting I, Qualitative Methods for Decision Making I as core courses and Computerized Accounting I as an elective course.
The subjects in the second semester of Second year involve Business English as a foundation course, Principle of Marketing, Fundamentals of Human Resource Management, Financial Accounting II, Qualitative Methods for Decision Making II as core courses, and Computerized Accounting II as an elective course.
In the third year, students need to learn totally 12 subjects in the first semester and second semester. The six subjects are obtainable in each semester.
The subjects in the first semester of Third year are composed of Business English as a foundation course, Production and Operation Management, Management Accounting I, Marketing Management, International Human Resource Management as core courses, and Business Law as an elective course.
The subjects in the second semester of Third year cover Business English as a foundation course; Industrial Management, Management Accounting II, Business Research Methodology, Project Management as core courses and Business Planning as an elective course.
For the fourth year, business management department introduce the total 12 business related subjects. The six subjects are offered in each semester. The subjects in the first semester of Fourth year include Business Communication, Entrepreneur and Small Business Management, Banking and Financial Institutions, Corporate Finance, Strategic Management as core courses and Change Management as an elective course.
|Curriculum of Business Management|
|YEAR 1||YEAR 2||YEAR 3||YEAR 4|
|Semester 1||Credits||Semester 1||Credits||Semester 1||Credits||Semester 1||Credits|
|မြန်မာစာ||3||Business English||3||Business English||3||Business Communication||3|
|Business English||3||Integrated Human Geography and Environmental Geography||3||Production and Operations Management||3||Entrepreneurship and Small Business Management||3|
|Business Mathematics I||3||General Management||3||Management Accounting I||4||Banking and Financial Institutions||3|
|Microeconomics||3||Financial Accounting I||4||Marketing Management||3||Business Finance||4|
|Business Statistics I||3||Quantitative Methods for Decision Making I||4||Human Resource Management||4||Strategic Management||4|
|Business Organization||3||* Elective (Any One)
Computerized Accounting I/ Economic Development
|3||* Elective (Any One) Business Law/ Sales Management||3||* Elective (Any One) Customer Relationship Management/ Change Management||3|
|Aspects of Myanmar||3|
|Semester Total||21||Semester Total||20||Semester Total||20||Semester Total||20|
|Semester 2||Credits||Semester 2||Credits||Semester 2||Credits||Semester 2||Credits|
|မြန်မာစာ||3||Business English||3||Business English||3||Logistics and Supply Chain Management||3|
|Business English||3||Principle of Marketing||3||Industrial Management||3||Financial Markets||3|
|Business Mathematics II||3||Fundamentals of Human Resource Management||3||Management Accounting II||4||Corporate Finance||4|
|Macroeconomics||3||Financial Accounting II||4||Business Research Methodology||3||Corporate Social Responsibility||4|
|Business Statistics II||3||Quantitative Methods for Decision Making II||4||Project Management||3||Management Information System||3|
|Business Accounting||3||* Elective (Any One)Computerized Accounting II/ International Economics||3||*Elective(Any One)Business Planning/ Advertising and Promotion Management||3||*Elective(Any One)Organizational Behavior/Consumer Behavior||3|
|2 months Internship||–||Dissertation/Project||–|
|Aspects of Myanmar||3|
|Semester Total||21||Semester Total||20||Semester Total||20||Semester Total||20|