Affordable Education: Armenia generally offers more affordable tuition fees compared to many Western countries. This financial accessibility extends to living costs as well, making it a budget-friendly option for international students.
Growing Economy: Armenia is in a phase of economic transition and growth, offering students a unique perspective on emerging markets. Studying here can provide firsthand insight into the challenges and opportunities in economies that are in the development stage.
Cultural Experience: Armenia has a rich history and cultural heritage, providing an enriching personal and academic experience. This context can add depth to the study of business and economics, as cultural factors often play a significant role in these fields.
Strategic Location: Located at the crossroads of Europe and Asia, Armenia offers strategic advantages for business students interested in international trade and business relations. The country's location provides a unique blend of Eastern and Western business practices.
Innovative and Entrepreneurial Environment: The Armenian government and private sector are heavily investing in innovation and technology, which is creating a vibrant startup ecosystem. Students can benefit from this environment by gaining exposure to entrepreneurship and innovation.
Quality Education with International Standards: Many Armenian universities are focusing on international accreditation and partnerships, ensuring that the education provided meets global standards. This can be particularly beneficial for students looking to work internationally or pursue further education abroad.
Networking Opportunities: Studying in Armenia offers networking opportunities with local and international businesses based in the country. Many programs also include internships and practical projects with local companies, providing practical experience and professional contacts.
University |
Course Program |
Specialization |
|---|---|---|
|
American University of Armenia |
Master of Business Administration (MBA) |
General Management, Finance, Marketing |
|
Yerevan State University |
Bachelor in Economics |
Macroeconomics, Microeconomics, International Economics |
|
French University in Armenia (UFAR) |
Bachelor in Business Management |
Finance, Marketing, International Business |
|
Armenian State University of Economics |
Master in Economics |
Economic Policy, Financial Economics, Development Economics |
|
Russian-Armenian University |
Bachelor in Management |
Project Management, Human Resource Management, Strategic Management |
|
European Regional Educational Academy |
Master of Business Management |
Business Analytics, Strategic Marketing, Operations Management |
|
Armenian National Agrarian University |
Bachelor in Agribusiness |
Agribusiness Management, Rural Development, Agricultural Economics |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) per year |
|---|---|---|---|---|
|
American University of Armenia |
Master of Business Administration (MBA) |
2 years |
English |
$8,000 |
|
Yerevan State University |
Bachelor in Economics |
4 years |
Armenian, English |
$2,500 |
|
French University in Armenia (UFAR) |
Bachelor in Business Management |
4 years |
French, English |
$3,000 |
|
Armenian State University of Economics |
Master in Economics |
2 years |
Armenian, English |
$2,800 |
|
Russian-Armenian University |
Bachelor in Management |
4 years |
Russian, English |
$2,000 |
|
European Regional Educational Academy |
Master of Business Management |
2 years |
English |
$3,500 |
|
Armenian National Agrarian University |
Bachelor in Agribusiness |
4 years |
Armenian, English |
$1,800 |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) per year |
|---|---|---|---|---|
|
American University of Armenia |
Bachelor of Business Administration (BBA) |
4 years |
English |
$4,500 |
|
Yerevan State University |
Bachelor in Economics |
4 years |
Armenian, English |
$2,500 |
|
French University in Armenia (UFAR) |
Bachelor in Business Management |
4 years |
French, English |
$3,000 |
|
Armenian State University of Economics |
Bachelor in Business Economics |
4 years |
Armenian, English |
$2,800 |
|
Russian-Armenian University |
Bachelor in Management |
4 years |
Russian, English |
$2,000 |
|
European Regional Educational Academy |
Bachelor in Business Management |
4 years |
English |
$3,500 |
|
Armenian National Agrarian University |
Bachelor in Agribusiness |
4 years |
Armenian, English |
$1,800 |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) per year |
|---|---|---|---|---|
|
American University of Armenia |
Master of Business Administration (MBA) |
2 years |
English |
$8,000 |
|
Yerevan State University |
Master in Economics |
2 years |
Armenian, English |
$2,800 |
|
French University in Armenia (UFAR) |
Master in International Business |
2 years |
French, English |
$3,500 |
|
Armenian State University of Economics |
Master in Business Economics |
2 years |
Armenian, English |
$3,000 |
|
Russian-Armenian University |
Master in Management |
2 years |
Russian, English |
$2,500 |
|
European Regional Educational Academy |
Master of Business Management |
2 years |
English |
$4,000 |
|
Armenian National Agrarian University |
Master in Agribusiness |
2 years |
Armenian, English |
$2,200 |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) per year |
|---|---|---|---|---|
|
American University of Armenia |
PhD in Business Administration |
3-4 years |
English |
$7,000 |
|
Yerevan State University |
PhD in Economics |
3-4 years |
Armenian, English |
$3,000 |
|
Armenian State University of Economics |
PhD in Business and Economics |
3-4 years |
Armenian, English |
$3,200 |
|
Russian-Armenian University |
PhD in Management |
3-4 years |
Russian, English |
$2,500 |
|
Armenian National Agrarian University |
PhD in Agribusiness Management |
3-4 years |
Armenian, English |
$2,200 |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) per year |
|---|---|---|---|---|
|
European Regional Educational Academy |
Diploma in Business Administration |
1 year |
English |
$2,000 |
|
Armenian State University of Economics |
Diploma in Business Management |
1 year |
Armenian, English |
$1,800 |
|
Russian-Armenian University |
Diploma in Management |
1 year |
Russian, English |
$1,500 |
|
Yerevan State University |
Diploma in Economics |
1 year |
Armenian, English |
$2,200 |
|
American University of Armenia |
Diploma in Entrepreneurship and Innovation |
1 year |
English |
$3,000 |
University |
Course Program |
Duration |
Language of Instruction |
Tuition Fees (approx.) |
|---|---|---|---|---|
|
American University of Armenia |
Certificate in Business Leadership |
3 months |
English |
$1,200 |
|
Yerevan State University |
Certificate in Financial Management |
3 months |
Armenian, English |
$900 |
|
Armenian State University of Economics |
Certificate in Marketing Strategies |
3 months |
Armenian, English |
$850 |
|
Russian-Armenian University |
Certificate in Project Management |
3 months |
Russian, English |
$800 |
|
European Regional Educational Academy |
Certificate in Entrepreneurship |
3 months |
English |
$1,000 |
|
French University in Armenia (UFAR) |
Certificate in International Business |
3 months |
French, English |
$1,100 |
University |
Course Programs |
|---|---|
|
American University of Armenia |
Bachelor of Business Administration (BBA) |
|
|
Master of Business Administration (MBA) |
|
|
PhD in Business Administration |
|
|
Certificate in Business Leadership |
|
|
Diploma in Entrepreneurship and Innovation |
|
Yerevan State University |
Bachelor in Economics |
|
|
Master in Economics |
|
|
PhD in Economics |
|
|
Diploma in Economics |
|
|
Certificate in Financial Management |
|
Armenian State University of Economics |
Bachelor in Business Economics |
|
|
Master in Business Economics |
|
|
PhD in Business and Economics |
|
|
Diploma in Business Management |
|
|
Certificate in Marketing Strategies |
|
Russian-Armenian University |
Bachelor in Management |
|
|
Master in Management |
|
|
PhD in Management |
|
|
Diploma in Management |
|
|
Certificate in Project Management |
|
European Regional Educational Academy |
Bachelor in Business Management |
|
|
Master of Business Management |
|
|
Diploma in Business Management |
|
|
Certificate in Entrepreneurship |
|
French University in Armenia (UFAR) |
Bachelor in Business Management |
|
|
Master in International Business |
|
|
Certificate in International Business |
|
Armenian National Agrarian University |
Bachelor in Agribusiness |
|
|
Master in Agribusiness |
|
|
PhD in Agribusiness Management |
University |
Intake Periods |
Notes |
|---|---|---|
|
American University of Armenia |
Fall (September) |
Main intake; some programs may offer Spring (February) intake |
|
Yerevan State University |
Fall (September) |
Main intake; some programs may have a Spring (February) intake |
|
Armenian State University of Economics |
Fall (September) |
Main intake; limited Spring (February) intake for certain programs |
|
Russian-Armenian University |
Fall (September) |
Main intake; some programs may offer Spring (February) intake |
|
European Regional Educational Academy |
Fall (September) |
Main intake; some short-term courses may have multiple intakes |
|
French University in Armenia (UFAR) |
Fall (September) |
Main intake; limited Spring (February) intake for specific programs |
|
Armenian National Agrarian University |
Fall (September) |
Main intake; some programs may offer Spring (February) intake |
University |
Course Program |
Tuition Fees (approx.) per year |
|---|---|---|
|
American University of Armenia |
Bachelor of Business Administration (BBA) |
$4,500 |
|
|
Master of Business Administration (MBA) |
$8,000 |
|
|
PhD in Business Administration |
$7,000 |
|
|
Certificate in Business Leadership |
$1,200 |
|
|
Diploma in Entrepreneurship and Innovation |
$3,000 |
|
Yerevan State University |
Bachelor in Economics |
$2,500 |
|
|
Master in Economics |
$2,800 |
|
|
PhD in Economics |
$3,000 |
|
|
Diploma in Economics |
$2,200 |
|
|
Certificate in Financial Management |
$900 |
|
Armenian State University of Economics |
Bachelor in Business Economics |
$2,800 |
|
|
Master in Business Economics |
$3,000 |
|
|
PhD in Business and Economics |
$3,200 |
|
|
Diploma in Business Management |
$1,800 |
|
|
Certificate in Marketing Strategies |
$850 |
|
Russian-Armenian University |
Bachelor in Management |
$2,000 |
|
|
Master in Management |
$2,500 |
|
|
PhD in Management |
$2,500 |
|
|
Diploma in Management |
$1,500 |
|
|
Certificate in Project Management |
$800 |
|
European Regional Educational Academy |
Bachelor in Business Management |
$3,500 |
|
|
Master of Business Management |
$4,000 |
|
|
Diploma in Business Management |
$2,000 |
|
|
Certificate in Entrepreneurship |
$1,000 |
|
French University in Armenia (UFAR) |
Bachelor in Business Management |
$3,000 |
|
|
Master in International Business |
$3,500 |
|
|
Certificate in International Business |
$1,100 |
|
Armenian National Agrarian University |
Bachelor in Agribusiness |
$1,800 |
|
|
Master in Agribusiness |
$2,200 |
|
|
PhD in Agribusiness Management |
$2,200 |
Degree Level |
Eligibility Criteria |
|---|---|
|
Bachelor's Degree |
|
|
Academic Qualifications |
High school diploma or equivalent |
|
Language Proficiency |
IELTS/TOEFL (for English-taught programs) or proficiency in the language of instruction |
|
Additional Requirements |
Some universities may require entrance exams or interviews |
|
Documents Required |
Academic transcripts, proof of language proficiency, passport copy, personal statement, recommendation letters |
|
Master's Degree |
|
|
Academic Qualifications |
Bachelor's degree in a related field |
|
Language Proficiency |
IELTS/TOEFL (for English-taught programs) or proficiency in the language of instruction |
|
Additional Requirements |
Some programs may require work experience, entrance exams, or interviews |
|
Documents Required |
Academic transcripts, proof of language proficiency, passport copy, CV, personal statement, recommendation letters, research proposal (if applicable) |
|
PhD Degree |
|
|
Academic Qualifications |
Master's degree in a related field |
|
Language Proficiency |
IELTS/TOEFL (for English-taught programs) or proficiency in the language of instruction |
|
Additional Requirements |
Research proposal, interviews, previous research experience |
|
Documents Required |
Academic transcripts, proof of language proficiency, passport copy, CV, personal statement, recommendation letters, research proposal |
|
Diploma and Certificate Programs |
|
|
Academic Qualifications |
High school diploma or bachelor's degree depending on the program |
|
Language Proficiency |
IELTS/TOEFL (for English-taught programs) or proficiency in the language of instruction |
|
Additional Requirements |
Some programs may require interviews or relevant work experience |
|
Documents Required |
Academic transcripts, proof of language proficiency, passport copy, personal statement, recommendation letters |
Scholarship Name |
University |
Course Programs Covered |
Eligibility Criteria |
Scholarship Details |
|---|---|---|---|---|
|
AUA Scholarship |
American University of Armenia |
Bachelor's, Master's, PhD |
Academic excellence, financial need, extracurricular activities |
Partial to full tuition coverage |
|
YSU International Student Scholarship |
Yerevan State University |
Bachelor's, Master's, PhD |
Academic excellence, financial need |
Partial tuition coverage |
|
ASUE Merit-Based Scholarship |
Armenian State University of Economics |
Bachelor's, Master's, PhD |
Academic excellence |
Partial to full tuition coverage |
|
RAU International Student Scholarship |
Russian-Armenian University |
Bachelor's, Master's, PhD |
Academic excellence, financial need |
Partial tuition coverage |
|
European Regional Educational Academy Scholarship |
European Regional Educational Academy |
Bachelor's, Master's |
Academic excellence, financial need |
Partial tuition coverage |
|
UFAR Academic Excellence Scholarship |
French University in Armenia (UFAR) |
Bachelor's, Master's |
Academic excellence |
Partial tuition coverage |
|
ANAU Agribusiness Scholarship |
Armenian National Agrarian University |
Bachelor's, Master's, PhD |
Academic excellence, financial need |
Partial tuition coverage |
Career Path |
Job Title |
Average Salary (approx.) per year |
|---|---|---|
|
Business Management |
|
|
|
General Manager |
General Manager |
$18,000 - $30,000 |
|
Project Manager |
Project Manager |
$15,000 - $25,000 |
|
Business Development Manager |
Business Development Manager |
$20,000 - $35,000 |
|
Finance and Accounting |
|
|
|
Financial Analyst |
Financial Analyst |
$12,000 - $22,000 |
|
Accountant |
Accountant |
$10,000 - $18,000 |
|
Auditor |
Auditor |
$12,000 - $20,000 |
|
Marketing and Sales |
|
|
|
Marketing Manager |
Marketing Manager |
$15,000 - $25,000 |
|
Sales Manager |
Sales Manager |
$15,000 - $25,000 |
|
Digital Marketing Specialist |
Digital Marketing Specialist |
$12,000 - $20,000 |
|
Economics and Consulting |
|
|
|
Economist |
Economist |
$12,000 - $22,000 |
|
Policy Analyst |
Policy Analyst |
$15,000 - $28,000 |
|
Management Consultant |
Management Consultant |
$20,000 - $35,000 |
|
Human Resources |
|
|
|
HR Manager |
HR Manager |
$15,000 - $25,000 |
|
Recruitment Specialist |
Recruitment Specialist |
$10,000 - $18,000 |
|
Entrepreneurship and Innovation |
|
|
|
Entrepreneur |
Founder/Entrepreneur |
Varies widely |
|
Startup Consultant |
Startup Consultant |
$20,000 - $35,000 |
|
Agribusiness |
|
|
|
Agribusiness Manager |
Agribusiness Manager |
$12,000 - $22,000 |
|
Rural Development Specialist |
Rural Development Specialist |
$10,000 - $18,000 |
|
International Business and Trade |
|
|
|
International Trade Specialist |
International Trade Specialist |
$15,000 - $25,000 |
|
Import/Export Manager |
Import/Export Manager |
$15,000 - $25,000 |
