University of Finance and Economics
The last one in the top 7 best universities in Mongolia that Toplist would like to introduce to you is University of Finance and Economics. The University of Finance and Economics (abbreviated UFE) is one of Mongolia's most prestigious educational institutions. The University is located on the banks of the Selbe River in the heart of Ulaanbaatar. Since the 1990s liberalisation period, the University has offered bachelor's and master's programs. The Institute of Finance and Economics was granted university status in 2016.
University of Finance and Economics is one of the country's oldest continuously operating educational institutions, having been founded on June 3, 1924 as the School of Customs Officers in Ulaanbaatar. It changed its name to School of Accounting in 1931 and added more subjects. Its name was changed again in 1946, shortly after World War II, to College of Finance and Economics, and the school expanded its curriculum to include the majority of the current spectrum.
On August 16, 1991, the institution was renamed the Institute of Finance and Economics, and postgraduate courses were introduced. Business administration, financial management, accounting, and bookkeeping were among the topics covered.
Mongolia's University of Finance and Economics was one of the first to be accredited by the Accreditation Council for Business Schools and Programs in 2012.
The university is organized into several faculties:
- Department of English Language Study
- Department of Financial Management
- Department of Business Administration
- Department of Applied Mathematics and Statistics
- Department of Humanities
- Department of Economics
- Department of Information System Management
Website: www.ufe.edu.mn
