Our 18 months full time MBA (Finance) is a flagship programme of the Royal University of Bhutan. It is an advanced qualification designed for top-notch graduates who will set the future wave of financial markets and lead those innovative organizations.

Participants of our MBA programme will bring rich diversity of work experience, age group, gender, culture and educational backgrounds that transforms into knowledge and human skills which are pervasive in dynamic organization. Our MBA (Finance) programme will provide these cutting edge skills required for sustainable business models.

Unlike other Universities, we give an undivided attention to our MBA participants in terms of resources and faculty engagement. We draw our faculties from the pool of world class management institutions such as IIM (A), IIM (C), and Stockholm School of Business; and proven corporate leaders who withstood the hard times of global economy and who can decipher issues. Most of our modules will be taught by case methods and simulations.

Intellectual growth and fervor are the bedrock of our MBA programme. Our participants decisively invest their time in contextualizing and synthesizing contemporary issues of financial management and developing pragmatic solutions. The participant’s learning culminates in conceptualizing and completing a 60 credits group consultancy project. The ideal participants to this programme, therefore, will be those individuals aspiring to develop their career to its fullest potential, at an accelerated pace.

Overall, our MBA programme takes ownership of transforming our participants into world class leaders and fore-runners of the leading organizations.

Entry Requirements


ntry to our MBA programme is open to any graduate with minimum of two years work experience and has a Bachelor’s degree from a recognized university or equivalent GPA (Grade Point Average). However, the final admission will be determined by the applicant’s performance in Graduate Selection Test. As a thumb rule, applicants must score minimum of 50 percent in GST. This admission procedure is applicable to both domestic as well as international applicants.

Graduate Selection Test for Admission

Graduate Common Aptitude Test      60%

Bachelor’s Degree Marks                    5%

4 Years/Honours                                 5%

Group Discussion                                10%

Personal Interview                              20%

100%  (selection based on ranking)

GST will be conducted at Gaeddu College of Business Studies on November 24th  2016.

Application checklist

Completed application form
Copy of Undergraduate Degree Academic Transcript
Copy of Undergraduate Degree Certificate
Referee Letter of work experience (signed and attested by supervisor or employer)
Copy of No Objection Certificate from the current employer.
Copy of National Identity Card
Copy of Police Clearance

Applicants will be required to produce the original documents at the time of enrollment. Applications can be submitted online to lhendup74

Bridge Course


uccessful applicants are recommended to take our bridge course in Accounting, Corporate Finance and Economics, if they have not done any of these subjects in their prior qualifications. The bridge course will be offered for 2 weeks (equivalent to 60 hours or 6 credits).

The bridge course will cover fundamental concepts and principles in accounting, corporate finance and economics that will facilitate participants to make smooth transition to MBA (Finance) programme.



articipants must pay full tuition fees. Fees indicated here do not cover living expenses for participant or the family accompanying him or her. However, the college will provide much affordable residential homes for participants and the accompanying family members. All fees must be paid at the time of enrollment either in the form of cheque or draft payable to Gaeddu College of Business Studies.

Domestic Participant’s Fees

Semester Module Credit Consultancy project Total Credits Fee/Credit Total Fees
Sem I 5 75 10 85 590 50150
Sem II 5 75 10 85 590 50150
Sem III 2 30 40 70 590 41300
Bridge Course 3 6 6 590 3540
TOTAL  145140

International Participant’s Fees

Semester  Module Credit Consultancy Project Total Credits Fee/Credit Total Fees
Sem I 5 75 10 85 1800 153000
Sem II 5 75 10 85 1800 153000
Sem III 2  30 40 70  1800 126000
Bridge Course 3  6 6  1800 10800
    TOTAL 442800

Scholarship The Royal Government of Bhutan will provide scholarship for 16 candidates. This scholarship will cover full tuition fees and a living expense or monthly stipend of Nu. 1,500. The scholarship will be awarded on the basis of the Graduate Selection Test’s (GST) result.

Semester-wise Programme Structure

Our spring semester begins from February 2016 and ends on June 2017.

Year 1: First Semester

5 Core Modules-

  • ORG 501 Managing Business in Contemporary World – 15 credits
  • ACT 513 Financial Accounting – 15 credits
  • FIN 509 Management of Financial Institutions – 15 credit
  • FIN 508 Corporate Finance – 15 credits
  • FIN 510 International Trade and Finance – 15 credits
  • RES 603: Consultancy Project – 60 credits = 600 hours (Begins)

Year 1: Second Semester

3 Core Modules-

  • MGT 507 Strategic Management & Finance – 15 credits
  • MGT 508 Project Management & Financing-15 credits
  • BIM 505 Management Information and Control Systems – 15 credits

2 Electives –

  • FIN611 Advanced Corporate Finance – 15 credits
  • FIN 612 Advanced Investment Analysis & Portfolio Management – 15 credits
  • FIN 613 Options, Futures, and Derivatives – 15 credits
  • ACT 614 Financial Statement Analysis & Valuation – 15 credits
  • RES 603: Consultancy Project – 60 credits = 600 hours (Contd…)

Year 2: Third Semester

1 Core Module –

  • MGT 608: Ethics and Leadership Development– 15 credits

1 Elective –

  • FIN 615 Public Financial Management – 15 credits
  • FIN 616 Retail and Development Banking for Emerging Economies- 15 credits
  • FIN 617 Mergers and Acquisitions and Corporate Restructuring – 15 credits
  • FIN 618 Insurance-15 credits
  • RES 603: Consultancy Project – 60 credits = 600 hours (ends)