Armenian State University of Economics (ASUE) For MBA

Armenian State University of Economics (ASUE)


The Armenian State University of Economics (ASUE) is a prestigious state-owned university in Yerevan, Armenia, specializing in economics and business. Founded in 1930, it is the largest economic educational institute in the country and boasts a strong reputation for its academic excellence and research achievements.

ASUE offers a wide range of undergraduate, graduate, and doctoral programs in various fields of economics, finance, management, accounting, marketing, and international relations. The university is known for its modern facilities, qualified faculty, and vibrant student life.


Armenian State University of Economics (ASUE) offers two main MBA programs:

  • Full-time MBA: This 18-month program is designed for professionals who want to accelerate their careers in business. The curriculum covers core business subjects such as finance, marketing, accounting, and organizational behavior, as well as electives in specialized areas.
  • Executive MBA: This 24-month program is designed for experienced professionals who are already working in leadership positions. The curriculum is tailored to the needs of busy executives and is delivered in a flexible format with weekend and evening classes.

Both programs are taught by experienced faculty with strong industry connections.


Armenian State University of Economics (ASUE) offers various scholarship opportunities for MBA students, including:

  • State scholarships: The Armenian government provides scholarships for Armenian students based on academic merit and financial need.
  • University scholarships: ASUE awards scholarships to outstanding students based on their academic achievements and involvement in university life.
  • International scholarships: Several international organizations and foreign governments offer scholarships for international students to study at ASUE.

The tuition fee for both MBA programs is 7,000 USD per year for international students. This is relatively affordable compared to other MBA programs in Europe and North America.

Admission Time

The admission process for MBA programs typically begins in May for the fall semester and in November for the spring semester.

Admission Requirements for National and International Students

Admission requirements for MBA programs at ASUE generally include:

  • Bachelor’s degree in any field: Applicants must have a bachelor’s degree from an accredited university.
  • Work experience: Applicants with work experience are preferred, especially those with experience in management or business-related fields.
  • GMAT or GRE scores: GMAT or GRE scores are required for most international applicants.
  • English language proficiency: International students who are not native English speakers must demonstrate English proficiency through a standardized test like TOEFL or IELTS.

Benefits for International Students

ASUE welcomes international students and provides them with various benefits, including:

  • English language courses: The university offers English language courses to help international students improve their language skills.
  • Career counseling: The university provides career counseling services to help international students find jobs after graduation.
  • Cultural events and activities: The university organizes various cultural events and activities to help international students integrate into the Armenian community.

Varsity Website Address

The official website of ASUE is You can find detailed information about the university’s MBA programs, scholarships, admission process, and more on the website.