M.Sc. in Business and Economics at the Assumption University of Thailand
Program Director : Dr. Shih-Tse Lo
Website: msbe.au.edu
In a Nutshell:
- 1.5-2 Years Duration, Master Degree
- Bilingual (English and Chinese) Coursework
- Flexible Combination of Business and Economics Content
- Concentrated Lectures with Flexible Schedule
Overview of Program
- Graduates will receive Master of Science in Business and Economics from Assumption University
- Bilingual Education – Coursework offered in Chinese and English parallelly so students can opt to study the courswork in their preferred language. Research and Publications are conducted in English
- Preparing graduates who will receive rigorous training in economics and practical business applications
- Graduates will be particularly attractive hires as analysts in both business organizations and government agencies
- Graduates can effortlessly continue to the Ph.D. in Business and Economics program offered by MSME
"Developing mind and paradigm for the changing world."
- Graduates will receive Master of Science in Business and Economics from Assumption University.
- Bilingual Education: Coursework is offered in Chinese and English parallelly so students can opt to study the coursework in their preferred languages; research and publication are conducted in English.
- Preparing graduates who will receive rigorous training in economics and practical business applications.
- Graduates are expected to be particularly attractive hires as analysts in both business organizations and government agencies
- Graduates can effortlessly continue to the Ph.D. in Business and Economics program offered by Martin de Tours School of Management and Economics, Assumption University, if a further degree is desired.

The Master of Science in Business and Economics program blends the business and economics fields and pays attention to applying core economic concepts to situations in business settings and policy circles. Practical courses in a diverse range of business and management fields are offered along with theoretical and quantitative courses in economics. Students can choose coursework based on their own interests, such as finance, information system, international business, management, and marketing because of the flexibility of the curriculum.
To meet the on-going business trend that China has grown to become the second largest economy in the world, coursework is conducted in both Chinese and English parallelly. Students can thus opt to study in their preferred languages. Research and publication are carried out in English since it remains the common communication medium globally and is the proud tradition of the University
The curriculum also closely follows the School’s Ph.D. in Business and Economics program. Graduates can continue to the Ph.D. in Business and Economics program if a further and more advanced degree is desired.
- able to identify the limitations of business and economic models, theories or frameworks
- able to evaluate and respect diverse points of view embedded in various circumstances
- able to serve the society by applying their knowledge to resolve social issues
- demonstrate an adept understanding of core business and management knowledge
- demonstrate an adept understanding of core finance and economic knowledge
- able to synthesize evidence and knowledge from multiple disciplines
- able to engage in critical inquiries through effective information search and evaluation
- able to make critical and independent assessments of methods and results
- able to present ideas through oral presentations
- able to present ideas in writing
- demonstrate a mastery of methodology, especially in quantitative research or business analysis
- demonstrate a mastery of database and analytical software packages relevant to their field of research or business practice

Applicants should meet the credentials and submit the materials stipulated as follows when seeking admission into the Program.
- Bachelor’s degree from institutions accredited or acknowledged by the Thai Ministry of Education
- GPA of at least 2 on a scale of 4.00 or equivalent for the bachelor’s degree
- The AU English Proficiency Test can be exempted depending on which of the following conditions you satisfy.
- a TOEFL score of (iBT) 90 or (PBT) 575 or an IELTS (Academic) score of at least 6.5 (Validation: Two years)
- a Bachelor’s degree or a higher degree from native English speaking countries e.g. USA, Canada, UK, Australia and New Zealand)
- A completed application form
- Official transcript of the previous university attended
- Bachelor’s degree certificate
- Citizen identification card
- Residence registration or passport
- Two (1 x 1.5-inch size) photographs (photo in gown not essential) or soft file photo at least 1.5 inches size (front side : formal attire) for online application.
- Letter of recommendation (If any)
- Statement of purpose indicating the applicant’s objectives for pursuing a master’s degree (If any)
First Semester | ||
Course Code | Course Title | Credits |
MBE 6201 | Seminar on Strategic Theory | 3 |
MBE 6205 | Business Research Methods | 3 |
MBE 6206 | Economic Theories and Policies | 3 |
MBE 6207 | Econometrics: Methods and Applications | 3 |
Total | 12 |
Second Semester | ||
Course Code | Course Title | Credits |
Elective Course | 3 | |
Elective Course | 3 | |
Elective Course | 3 | |
Elective Course | 3 | |
Total |
12 |
First Semester | ||
Course Code | Course Title | Credits |
MBE 7801 | Thesis 1 | 6 |
MBE7802 | Thesis 2 | 6 |
Total | 12 |
First Semester | ||
Course Code | Course Title | Credits |
MBE 6201 | Seminar on Strategic Theory | 3 |
MBE 6205 | Business Research Methods | 3 |
MBE 6206 | Economic Theories and Policies | 3 |
MBE 6207 | Econometrics: Methods and Applications | 3 |
Total | 12 |
Second Semester | ||
Course Code | Course Title | Credits |
Elective Course | 3 | |
Elective Course | 3 | |
Elective Course | 3 | |
Elective Course | 3 | |
Total |
12 |
First Semester | ||
Course Code | Course Title | Credits |
Elective Course | 3 | |
Elective Course | 3 | |
MBE 7900 | Comprehensive Exam | Non-Credit |
MBE 7901 | Independent Study | 6 |
Total | 12 |
1. Number of credits: 36 Credits
2. Duration of Study
Students must complete all the requirements for the degree in a maximum of 5 years. (1.5 years as scheduled and 3.5 more years as extension periods if necessary)
3. Curriculum Structure
Plan 1 Coursework and Thesis
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- 12 Credit – Required Courses
- 12 Credit – Elective Courses
- 12 Credit – Thesis
Plan 2 Coursework and Independent Study
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- 12 Credit – Required Courses
- 18 Credit – Elective Courses
- 6 Credit – Independent Study
- 0 Credit – Comprehensive Exam
4. Research Requirements
1. Thesis
Brief Description of Task
The thesis involves formulating an original idea or area of inquiry which is either quantitative (e.g. typically involves either an empirically based, provable hypotheses) or qualitative (e.g. includes explorative outcomes, along with data collection and analysis).
1.1 Standard Learning Outcomes
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- Able to explore a new field or area in business
- Able to make a substantial contribution to available literature
- (3) Able to apply the right research methodology
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1.2 Scheduling
First Semester of the Second Year of Study
1.3 Number of Credits
12 Credits
1.4 Preparation
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- Students are required to complete all Core Courses before doing the thesis.
- An advisor is assigned to the student after the topic has been approved by the Program Director.
- The advisor gives guidance about the nature of research and standards expected, the choice of research topic, the planning of the research and relevant literature and resources.
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1.5 Evaluation Process
The Final Defense normally consists of the defense of the student’s Thesis to the examination committee. The decision on grading is based on the majority voting principle. The examination committee deliberates as to the following recommendations:
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- Student be awarded the degree without further modification in the Thesis.
- Student be awarded the degree subject to modifications in the Thesis to the
- Advisor /Program Director/ Examination Committee’s satisfaction.
- Student not yet be awarded the degree but permitted to re-submit the Thesis in a revised form.
- Student not be awarded the degree and required to reapply.
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2. Independent Study
Students who formerly studied in other institutions may have their courses and credits transferred to their current programs in accordance with the Commission on Higher Education’s Criteria of Degree Transfer B.E. 2545. Cross-university registration can be done whereby AU allows students of other programs recognized by the Commission on Higher Education to register for courses at AU.
2.1 Brief Description of Task
This is a student-initiated course. Students are required to work on an independent basis with the guidance of a faculty advisor. This gives students the opportunity to pursue advanced research on a specific topic.
2.2 Standard Learning Outcomes
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- Able to conduct research and write academic research report
- Able to apply the right research methodology
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2.3 Scheduling
Second Semester of the Second Year of Study
2.4 Number of Credits
6 Credits
2.5 Preparation
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- Students are required to complete at least 24 credits of Core Courses before doing the Independent Study.
- An advisor is assigned to the student after the topic has been approved by the Program Director.
- The advisor gives guidance about the nature of research and standards expected, the choice of research topic, the planning of the research program and relevant literature and resources.
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2.6 Evaluation Process
The Final Defense normally consists of the defense of the student’s Independent Study to the examination committee. The decision on grading is based on the majority voting principle. The examination committee deliberates as to the following recommendations:
-
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- Student be awarded the passing grade without further modification in the Independent Study.
- Student be awarded the passing grade subject to modifications in the Independent Study to the Advisor/Program Director/ Examination Committee’s satisfaction.
- Student not yet be awarded the passing grade but permitted to re-submit the Independent Study in a revised form.
- Student be awarded the failing grade and required to re-register the course.
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Martin de Tours School of Management and Economics
MSME Business School, D-Building, 6th floor
Assumption University, Ramkhamhaeng 24 Rd.,
Hua Mak District, Bangkok 10240 Thailand
Office hours:
Monday – Friday, 8:00 – 16:30 hrs.
Saturday 8:00 – 15:00 hrs.
Tel. 66 (0) 2783-2222 ext. 1177
E-mail: phdba@au.edu




Admissions Center:
Hua Mak Campus
“A” Building, 1st floor, Ramkhamhaeng 24 Road, Bangkok 10240 Thailand
Office hours:
Monday – Friday, 8:00 – 17:00 hrs.
Tel. 66 (0) 2783-2222 ext. 1340, 1244
E-mail: gradadmission@au.edu
Venue & Class Hours
Assumption University, Hua Mak Campus, Ramkhamhaeng 24 Road, Hua Mak District, Bangkok
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