All about this master
Financial Management
Mongolian University of Science and Technology (MUST) - Graduate School of Business
Financial Management

Program overview
Accepted by the Professional Education Office of the Mongolian Ministry of Education and Science on 10th November 2009, the Master Curriculum of ‘Financial Management’’ approved by the President of Mongolian University of Science and Technology is being complied with in educational processes.
Objectives of this program: ‘’This program is aimed at preparing skillful specialists with strong knowledge who can analyze, manage efficiently, plan and control performance of finance and accounting of business organizations in order to meet market demands’’ Our educational policy is being provided with this purpose in mind.
In accordance with law and rules for higher education, the "Financial Management" curriculum adhered to by the professorship of Financial and economics management of School of Business Administration (SBAH), Mongolian University of Science and Technology (MUST) as a unit executing this program, was reapproved after being accepted by the chair of Professional Education Office of the Mongolian Ministry of Education and Science on 10th July, 2009.
Curriculum (courses, subject modules)
Curriculum of Financial management MASTER program developed by CSMS of MUST
Index: Е340500
Course code |
Course name |
Credit |
Pre- requisite |
Term |
Language of instructions |
GENERAL HIGH EDUCATION COURSES: |
12 |
|
|||
A. Compulsory courses : |
9 |
|
|||
D.IM700 |
Business applications program (E) |
2 |
D.MT211 |
Spring |
English |
S.PS701 |
Research methodology I |
2 |
Optional |
English |
|
D.BM719 |
Mathematics applied in economics |
3 |
S.PS701 |
Fall |
English |
D.PM731 |
Thinking development of economics theories |
2 |
Spring |
English |
|
B. ELECTIVES : |
3 |
|
|||
S.EL701 |
English IV |
2 |
Optional |
English |
|
S.RL701 |
Russian IV |
3 |
Optional |
Russian |
|
SPECIALIZED COURSES: |
17 |
|
|||
A. Compulsory courses: |
11 |
|
|||
D.BA701 |
Strategic management |
3 |
D.BA317 |
Spring |
English |
D.BA702 |
Auditing |
3 |
D.BA205 |
Optional |
English |
D.BA703 |
Portfolio management securities |
3 |
D.BA305 |
Fall |
English |
D.BA 721 |
Research work seminar I |
1 |
Optional |
English |
|
D.BA722 |
Research work seminar II |
1 |
D.BA721 |
Optional |
English |
B. ELECTIVES : |
6 |
|
|||
D.SB701 |
Innovation management (E) |
3 |
D.BA201 |
Spring |
English |
D.PM702 |
Human resource management II |
3 |
D.PM302 |
Spring |
English |
D.BA715 |
Management of financial information systems |
3 |
D.BA205 |
Spring |
English |
D.BA716 |
Admission conditions
Required diploma(s) :
- Bachelor
Minimum working experience required : 0 years
Tuition & Fees
Between 2950 and 3100 US Dollars
1 credit hour equals to approximately &80 US but it can be fluctuated a bit depending on exchange rate of US dollars.
Applying to the SBAH, MUST
A student who desires to study at MUST has to done following documents to the International Cooperation Office three months prior:
· A completed application form; /available to download/
· A completed medical form including HIV/AIDS test;
· A copy of passport (a page containing passport extension at least three years, if it is extended)
· A copy of diploma or certificate
· Three photos /4x5cm/
International students should send the documents to the International Cooperation Office at the following address:
International Cooperation Office:
Mongolian University of Science and Technology
P.O.Box 46/520, Ulaanbaatar, Mongolia
Baga toiruu 34. Sukhbaatar district, Ulaanbaatar, Mongolia
Tel: 976-11-329081 Fax: 976-11-326409
Email: ico@must.edu.mn
Upon receipt of all documents the ICO staff will send an invitation through the Ministry of Foreign Affairs of Mongolia to the Mongolian Embassy or Consulate in your country or nearest country. International students should enter "S" category visa.
Employment opportunities & career impact
Annual salary after graduation
- Average Salary : 800 $ (USD)
- Minimum Salary : 600 $ (USD)
- Maximum Salary : 1500 $ (USD)
Average time for obtaining the first job offer : immediately
Employment opportunities :
Year |
Number of graduates |
Employment |
||||||||||||
Instructor of high education institutions |
Resuming to study |
Research institutions |
Public organizations (in accordance with occupation) |
Business and economic entities in accordance with occupation) |
Other organizations as non-specialist |
Foreign organizations in Mongolia as am acquired major |
Foreign organizations in Mongolia as a non-specialist |
Studying abroad |
Working abroad as non-specialist |
Non-identified |
Unemployed |
Percentage of graduates working as a professional |
||
2008 |
18 |
2 |
1 |
- |
2 |
5 |
2 |
2 |
- |
1 |
- |
1 |
1 |
89.0 |
2009 |
13 |
3 |
- |
- |
3 |
3 |
- |
- |
- |
- |
- |
1 |
1 |
84.6 |
2010 |
20 |
2 |
- |
- |
2 |
12 |
- |
- |
- |
- |
- |
2 |
- |
87.5 |
2011 |
18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2012 |
34 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2013 |
46 |
|
|
|
|
|
|
|
|
|
|
|
|
Program enrolment information and statistics
Students Age | |
---|---|
Minimum age | 24 years |
Average age | 30 years |
Maximum age | 40 years |
Students Full Time work experience | |
Minimum Full Time work experience | 7 years |
Average Full Time work experience | 5 years |
Maximum Full Time work experience | 2 years |
Application Deadlines
Session 1 | |
---|---|
Application Deadline | 2015.08.11 |
Date of Eligibility | 2015.08.19 |
Date / period for personal interview | 2015.08.21 |
Admission result | 2015.08.24 |
Session 2 | |
Application Deadline | 2015.11.03 |
Date of Eligibility | 2015.11.10 |
Date / period for personal interview | 2015.11.15 |
Admission result | 2015.11.22 |
Faculty profiles
Composition of a team delivering the program:
Our team has a professor, an associate professor. Other teachers are being studied in a doctoral degree course and preparing to defend a doctoral degree in order to keep consistency in human resources. When our school recruits new faculty resources for this professorship, it complies with faculty selection procedures of MUST. Moreover, aiming at shaping excellent faculty composition with skillful teachers, master graduate students are allowed to work as a contracted teacher by training under control of an associate professor. Those contracted teachers should also be selected in accordance with the selection procedure.
Faculty composition of Management professorship
Table 3.1.5.
№ |
Teachers’ name |
Academic title |
Position ranking |
School, qualification, diploma number |
1 |
G. Batkhurel |
Doctor /Sc.D/ |
Director of CSMS, Leading professor |
– Mongolian National University(MNU), Industrial economics, organization – Mongolian University of Science and Technology(MUST), /Ph.D/ in Business administration D01, DP0028 –Doctor(Sc.D), professor |
2 |
H. Purevdagva |
Doctor /Ph.D/ |
Professor |
o Mongolian National University(MNU), Industrial economics, organization o MUST, Business administration o D24962, DP№97828 |
3 |
Ts. Ganbat |
Доктор /Ph.D/ |
Associate professor |
o Management Institute of Moscow, economist-cybernetic specialist o MUST, Information system management o D№990023, DM0564 |
4 |
Ts. Tsogzolmaa |
|
Campus facilities & Student Life
Mongolian University of Science and Technology was founded in 1959.With its superior quality service to society, MUST has proved itself to be a leading national university in providing the highest quality of education and producing a great number of leading engineers in the fields of science, technology and engineering. Over 36 thousand of our undergraduate, graduate and postgraduate students have built themselves both an inclination and a capacity to inquire that will serve them well throughout their lives and learn to analyze issues from a variety of perspectives and to synthesize what they learn into personal and professional decisions that are ethical and socially responsible. School of Business Administration and Humanities (SBAH), as one of branch schools of MUST, has 110 faculty and staff. From these, 96 are fulltime faculty, from which 26 have a doctor’s degree and 70 have a master’s degree. Of the faculty, 46 are male and 50 are female 19.8% of the faculty have been working 1-5 years, 25% of faculty 6-10 years, 12.5% of faculty 10-15 years, 4% of faculty 16-20 years, 14.5% of faculty 25-30 years and 24.2% of faculty have been working more than 30 years. SBAH of MUST is located in the 2nd khoroo, Ikh-Toiruu 13381, Bayanzurkh district, Ulaanbaatar, Mongolia. It is placed in a four-storied premise with an area of 8064 square meters, The school has an education building, including 97 classrooms and various auditoriums, letting 1540 students study in one shift. There are 27 lecture auditoriums, 13 laboratories, a gymnasium and 10 fully equipped computer laboratories. 49.4 percent of classrooms and rooms are designed to offer education services. This reveals that working and learning conditions for faculty and students fully meet standard requirements, and that the school’s space is sufficient. This school has a five-storied dormitory of usable 6648 square meters. 350 students live in it. The dormitory is separated into suites, with one suite housing six students. Each suite is equipped with a bathroom and a shower. The dormitory is equipped with the following:
ü A set of computers, television, audio system for public use;
ü Public kitchen, a water boiler, a fridge;
ü Public telephone on the ground floor;
ü A bathroom for men on the third floor, a bathroom for women on the second floor;
ü Luggage room;
ü A reading hall with 20 seats and 754 books;
ü An Internet room with 10 computers set up in 2009.
A school canteen has 16 desks with 64 seats and it offers a variety of dishes, snacks and beverages.
It serves on average over 1000 students and teachers in double scale every day. In 2009-2010 academic year, a two room medical center was opened. It was equipped with all necessary equipment and tools for providing fist aid. An experienced doctor who majored in Bulgaria is available for serving students, teachers and other staff. A gymnasium is open for all of the learners, and in 2010-2011 academic year a fitness club was equipped with a complex setting which is available for students, faculty and staff.
There are two auditoriums and a laboratory in the professorship of management. A business-incubator laboratory and a scientific library are usually used for master students who are writing graduate work, and other laboratories serve students. The availability of modern advanced technologies for educational in our school is getting better year by year. For example, 24-hour access to the Internet in the dormitory allows students to study regardless time and distance.
Teachers’ rooms, cabinets, furniture, facilities applied in training fully meet contemporary requirements, and faculty are able to work beyond working hours. In 2010-2011 academic year, classrooms, auditoriums and staff rooms were redecorated and furniture was changed. Professors and teachers are able to work in overall Internet conditions of 1GBPS speed and they are provided with all necessary equipment and tools designed for teaching.
Supplying students with books, textbooks and handbooks is one of essential factors in implementing the Human resource management program’s master degree. CSMS has a consistent policy of supplying books, textbooks and methodological handouts required for delivering education. This is reflected in faculty and professorship’s plans, and controlling implementation with performance of result-based contract and self-assessment reports. Order of purchasing new books is determined by school administration based on faculty requests.
By visiting http://opac.must.edu.mn/, the address of MUST’s electronic catalogue, faculty and students are able to search for necessary books, textbooks, and printed materials by three criteria: book name, author, and key words. Currently, Table 6 shows library books classified into three groups such as general education, professional and specialized courses applied in Human resource management program at master degree.
Books and textbooks applied in the Human resource management program
Table 6
# |
Course name |
Type and unit of books and textbooks by languages |
All types |
Total unit |
|||||
Mongolian |
Russian |
English |
|||||||
Type |
Unit |
Type |
Unit |
Type |
Unit |
||||
1 |
Research methodology |
5 |
22 |
1 |
1 |
2 |
3 |
8 |
26 |
2 |
Strategy management |
2 |
8 |
9 |
13 |
25 |
37 |
36 |
58 |
3 |
Economics philosophy |
14 |
100 |
13 |
47 |
221 |
250 |
348 |
397 |
4 |
Business applications program |
2 |
10 |
2 |
2 |
5 |
5 |
9 |
17 |
5 |
Management psychology 1 |
3 |
13 |
8 |
10 |
1 |
1 |
12 |
24 |
6 |
Management psychology2 |
2 |
Key icons

Additional information / brochure

Video interview with the program director

Request info / Application
Rank | School / Program | Informations | Apply |
---|---|---|---|
1
![]() ![]() ![]() ![]() |
|||
2
![]() ![]() ![]() ![]() |
|||
3
![]() ![]() ![]() ![]() |
|||
4
![]() ![]() ![]() ![]() |
|||
5
![]() ![]() ![]() ![]() |
|||
6
![]() ![]() ![]() ![]() |
|||
7
![]() ![]() ![]() ![]() |
|||
8
![]() ![]() ![]() ![]() |
|||
9
![]() ![]() ![]() ![]() |
|||
10
![]() ![]() ![]() ![]() |
|||
11
![]() ![]() ![]() ![]() |
|||
12
![]() ![]() ![]() ![]() |
|||
13
![]() ![]() ![]() ![]() |
|||
14
![]() ![]() ![]() ![]() |
|||
15
![]() ![]() ![]() ![]() |
|||
16
![]() ![]() ![]() ![]() |
|||
17
![]() ![]() ![]() ![]() |
|||
18
![]() ![]() ![]() ![]() |
|||
19
![]() ![]() ![]() ![]() |
|||
20
![]() ![]() ![]() ![]() |
|||
21
![]() ![]() ![]() ![]() |
|||
22
![]() ![]() ![]() |
|||
23
![]() ![]() ![]() |
|||
24
![]() ![]() ![]() |
|||
25
![]() ![]() ![]() |
|||
26
![]() ![]() ![]() |
|||
27
![]() ![]() ![]() |
|||
28
![]() ![]() ![]() |
|||
29
![]() ![]() ![]() |
|||
30
![]() ![]() ![]() |