The Center for Economic and Business Forecasting

The Center for Economic and Business Forecasting

University of the Thai Chamber of Commerce

1/F, Building 2,

126/1 Vibhavadee-Rangsit Road, Dindaeng,

Bangkok 10400, Thailand

Tel:+66(02)697-6341

E-mail: utcccebf@yahoo.com

Website: http://www.utcc.ac.th/cebf

Introduction

Thailand's economic recession in 1996 and its transition to the managed-float exchange rate regime in 1997 resulted in one of the worst economic crisis the country has ever experienced. The impact of this crisis permeated both the social and economic sections. To prevent the history from repeating itself, we need to be more vigilant. Staying updated on economic news, views, and tendency can reduce risks in the production, trading, and service operations of both the government and the private sectors.

Therefore, the need for economic warning system was recognized. Consequently, the UTCC Center for Economic and Business Forecasting was founded to become a hub for information, research, and forecasting related to the current issues in economic and business. It also works to create economic indicators which can accurately predict the upcoming economic condition so that both the government and private sectors can be ready for the challenges

Future Plans

The Plans for Academic Service Projects

* Create economic and business monitoring indices

* Create leading indices for the industrial, trading, service, and agricultural sectors

* Create economic and business database for the regional and provincial uses

* Analyze and publicizing both the current and forthcoming economic conditions at the regional and provincial levels

The Plan for Consultation Service

* Provide Consultation on Developing the Appropriate Business Strategies for Corporate Sectors

The Plans for Devising and Developing Various Training Programs

* Organize training programs on economic and business forecast for interested individuals

* Organize training programs on devising and developing business strategies

* Offer an on-campus trainee program for interested students

The Plans for Research Service

* Provide research service to the governmental and private organizations

Objectives

1. To observe, analyze, and forecast the macro-economic situations of Thailand and other noteworthy countries

2. To observe, analyze, and forecast the situations of business, trading, and other important industries in Thailand.

3. To conduct surveys and to collect facts relevant to the economic, business, and trading conditions, especially those useful to the public

4. To report and publicize the economic analysis and forecast outcomes

Current Activities

1. Collaborating with the Thai Chamber of Commerce in research and analysis upon its request.

2. Publicizing a monthly Consumer Confidence Index.

3. Creating macro-economic models for economic and business forecast.

4. Observing and analyzing the current economic and business situations and predicting their future trends.

5. Making the economic analysis and forecast results available to the Thai Chamber of Commerce, the local chambers of commerce, and the interested individuals.

6. Forming the economic database of Thailand and its economically related countries, and making it accessible to the public.

7. Collaborating with the Thai Chamber of Commerce upon request.

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The UTCC Logistics Research Center(LRC)

The UTCC Logistics Research Center(LRC)

University of the Thai Chamber of Commerce

126/1 Vibhavadee-Rangsit Road, Dindaeng,

Bangkok 10400, Thailand

Tel:+66(02)697-6707 Fax:+66(02)275-4892

E-mail: utcclogistics@hotmail.com

Website: http://www.utcc.ac.th/lrc

Logistics Research

The UTCC Logistics Research Center(LRC) exists to provide consultation and research services to both the government and private organizations in order to ensure and enhance their competitiveness at the international level.

International free trade agreements (FTAs) have intensified business competition. In response, procurers, producers, carriers, suppliers, wholesalers, and retailers have networked and worked together to increase their operational effectiveness. The concept of the mentioned collaboration is known as supply chain. Each unit in the supply chain is connected by a logistics operation. As a result, the effectiveness of each link in the supply chain depends on how well the logistics system is managed. For that reason, a well-organized logistics system will reduce the company's total cost and consequently increase its profit. In addition to the highly competitive trading situation at the moment, the future FTAs will even take the competition to a more intensive level, hence the need to uphold and upgrade corporate logistics system. To demonstrate the significance of logistics management, some have claimed that the country's economic development relies on it. And that does not sound exaggerating at all.

LRC and the Industrial Environment

Industrial management involves various aspects such as planning, organizing, production, human resource, teamwork, human relation, safety in the workplace, and industrial laws. Besides conducting researches on the supply chain management, the LRC also aims to assist industrial businesses in raising their effectiveness of the industry-related aspects mentioned above. This will, consequently, increase the productivity, and simultaneously decrease the loss of time, labor, and capital.

Tools, Talents, and Teams

LRC is equipped with high profile teams and high-tech tools. Teams of faculty, researchers, scientists, engineers, and experts from both the government and private sectors collaborate to provide consultation to our valuable clients.

LRC possesses various kinds of state-of-the-art hardware and software related to logistics and industrial management. Examples of the mentioned hardware are:

1. Flexible Manufacturing System (FMS)

2. Computer Numerical Control (CNC)

3. Rapid Prototyping (RP)

4. Electro Deposition Machine (EDM)

And some of our highlighted software are:

1. Arena, Awesim/Slam

2. Cube Voyager, Cube Cargo

3. Axapta(Enterprise Resourge Planning)

4. Packaging Design

5. Forecast Pro(Business Forecasting)

6. Statistica(Statistics and Analytics)

Our teams and tools stand ready for tasks such as the intensive and the comprehensive training courses, research service, consultation, and product design (CAD/CAM)

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Family Business Enterprise Center (FBEC) - UTCC

Family Business Enterprise Center (FBEC)

University of the Thai Chamber of Commerce

5/F, Building 10, 126/1 Vibhavadee-Rangsit Road, Dindaeng,

Bangkok 10400, Thailand

Tel:+66(02)697-6351 Fax:+66(02)697-6350

Website: http://www.utcc.ac.th/fbec

Director: Dr. Pusit Wonglosaichon

Introduction

In addition to conducting researches and studies of SMEs, the UTCC "Family Business (FBEs) and Small and Medium Enterprises (SMEs) Study Center" has now expanded its roles and responsibilities to cover FBEs. The center exists to study, conduct researches, provide consultations, supply training programs, and molding and mentoring the emerging entrepreneurs of family business and SMEs.

FBEs is very unique in terms of organizational structure, the line of command, the financial and accounting management, and especially the succession policies. Particularly, the recruitment of business successor often creates conflicts among family members. Therefore, the qualified successor must be as capable and as amicable as the retired CEO. Importantly, the successor has to understand the appropriate manner to motivate the employees as well as the apt method to mobilize the enterprise.

Recognizing the significance of FBEs as a crucial foundation of Thailand's economy, the UTCC FBEs & SMEs Study Center has formed a research team called "The 106 Research Team" chaired by UTCC President Assoc. Prof. Dr. Chiradet Ousawat and with Dr. Akachai Apisakkul, Dean of Graduate School, as the vice chairman. The team is composed of eight highly qualified experts with doctorates in business strategies, marketing, organizational management, human resource management, finance, accounting, operational management, and production. The team has been conducting various research projects as well as analyzing several local and international case studies in order to discover successful principles and practices for FBEs.

Mission of the FBEs & SMEs

To become the center of business knowledge for the development of the Thai society.

The Objectives of FBEs SMEs Study Center

1. To become the center for study, research, analysis, and knowledge base by providing database and indices related to FBEs & SMEs.

2. To provide academic service related to FBEs & SMEs to faculty, students, staff, and any interested individual for future development of our society and country.

3. To form an image of a leading business administration university, and to be recognized among the entrepreneurs.

4. To enhance staff's research skills, and to develop the institute's knowledge base.

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The Graduate Program in Economics -UTCC

The Graduate Program in Economics (Ph.D-M.Econ)

Introduction

The University of the Thai Chamber of Commerce (UTCC) has established an undisputed reputation as the leading private university that excels in both teaching and business related training. This reputation has been recognized for almost forty years. Underlying the enduring achievement of our university is the strength of the School of Economics. Year after year the School of Economics supplies bachelor-degree graduates to business enterprises and government agencies, as well as various academic institutions to meet their demand for well qualified individuals. The academic supremacy of the School of Economics is strengthened by our recruitment of young, talented staff, and our close ties with leading universities and research institutes around the world, most notably the University of Chicago. In addition, the School of Economics has a nexus of research centers, which undoubtedly provides a unique and stimulating atmosphere and numerous facilities for research activities.

Core Courses (8 courses)

EP501 Price Theory I

EP502 Price Theory II

EP203 Macroeconomic Theory I

EP504 Macroeconomic Theory II

EP505 Mathematics for Economics

EP506 Econometrics I

EP507 Introduction to Computational Methods in Economics

EP508 Econometrics II

The track towards a Master of Arts Award

3 Elective Courses

1 Course for Research Methodology

1 Course for Research Paper

The track towards a Ph.D. Award

2 Elective Courses

4 Field of Specialization

1 Course for Research Methodology

1 Course for Research Paper



Why Ph.D.-M.Econ?

* Great opportunities to explore the frontiers of knowledge in various areas of Economic Science

* A genuine research-oriented graduate program that allows students to take full advantage of the existing research centers and facilities, especially the University of Chicago-UTCC Research Center

* An internationally recognized program that permits qualified students to spend a year in our network of universities abroad as an exchange student or researcher

* Offers distinctive and rare courses in Field Survey, Modern Monetary Theory, Financial Economics, Economic Applications of Geographic Information Systems, and Spatial Econometrics

* A stimulating academic environment, that puts you in close contact with devoted faculties and visiting professors from renowned universities around the globe

* A dual-track graduate program that is open to all applicants with undergraduate degrees in any field of study. Students on the M.A. track can graduate within 2 years, while exceptional students in the Ph.D. track can graduate within 3 years of study

* Scholarships, fellowships, and teaching/research assistantships are adequately available to qualified students

* Outstanding research papers and dissertations will be awarded with prizes. The School of Economics is committed to supporting all distinguished works of students in this program to gain recognition, as well as publication

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Master of International Business Economics-UTCC

Master of International Business Economics (M.I.B.E.)

Program Duration and Plans

The MIBE is a one-year course duration program. It operates on a schedule of three semesters of four months each. The students must take 8 core courses in the first two semesters. For the third semester, the students select one of the two plans: writing a thesis or taking supplementary 2 elective courses and a workshop. Upon successful completion of the third semester, the students awarded a Master Degree in International Business Economics. Additional semesters (not exceeding five academic years) are designed to accommodate thesis-option students who need more time to finish their works as well as workshop-option students who can not pass the workshop plan requirements in three semesters.

Core Courses in Economics and Methodology (5 courses)

EI521 Microeconomics

EI522 Macroeconomics

EI523 Statistical Analysis for Business Decision Making

EI524 Microeconomics for Business Decision Making

EI525 International Trade

Core Courses in Business (3 courses)

EB526 Financial Decision Making

EB527 International Marketing

EB528 International Business Management

- Plan A (Thesis Plan)

EI591 Thesis

- Plan B (Workshop Plan)

Electives (2 Courses)

EI570 Introduction to Econometrics

EB571 Marketing Management and Administrative Policy

EB572 Introduction to Financial and Managerial Accounting

EB573 Accounting for Administrative Control

EB574 Political Economy and International Relations

EB575 International Business and Economic Law

Workshop on International Business Economics

EI596 Workshop

Program Objectives

* Provide academic training for professionals who will secure executive and research positions in domestic and international business, trade and professional associations universities, and private research organizations;

* Advance research skill in the field of international business economics; and

* Support Thailand抯 development of high leveled human resources

The Curriculum Highlight

* Joint program with Washington State University and cooperate with other prominent universities including : University of Chicago and Texas A& M University in U.S.A., McGill University in Canada and University of Auckland in New Zealand;

* Strategic intent for Global Business Economics

* Elite program for Business Strategic Planner

* One year program and International Program at the local cost

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Master of Business Administration - UTCC

Master of Business Administration in

International Business Management (Global MBA)

Plan A - Thesis Program

Plan B - Non-Thesis Program

Introduction

The University of The Thai Chamber of Commerce is unique through its link with the Thai Chamber of Commerce. This link ensures that the focus of the program is to offer managers knowledge that is not only up to date, but also relevant and useful for managers or business owners.

Established in 1989, the MBA in International Business (Global MBA) was the first program of its kind opened in Thailand to be conducted entirely in English. Quality is exceedingly important, and the program maintains small class sizes to allow for an interactive problem based learning approach. Having both international students and instructor contribute to the diverse mix of nationalities and cultures represented in the classroom, leading to a truly international experience in learning. Additionally, exchange program with various world-class universities allow for visiting professors to share their experiences, and also for students to study abroad if they wish.

Remedial Courses (5 courses)

BA501 Intensive English for Business

BA502 Analytical Methods

BA503 Financial Accounting for Managers

BA504 Business and the Economics Environment

BA505 Management Information System

Core Courses (7 courses)

BA511 Marketing Management

BA512 Organizational Behavior and Change Management

BA513 Managing Operations for Competitive Advantage

BA514 Managerial Finance

BA515 Strategic Management

AC592 Management Accounting

EC591 Managerial Economics

Major Courses

132401 Consumer Behavior

132402 Product and Price Management

132403 Integrated Marketing Management

132404 Marketing Channels Management

142405 E-Marketing

142406 Retailing and Wholesaling Management

142407 Marketing Research

142408 Marketing Management and Strategy

142409 Seminar in Marketing

132303 International Marketing

- Plan A (Thesis Program)

BA600 Thesis

BA700 Independent Study

- Plan B (Non-Thesis Program)

Elective Courses:

BA531 Current Issues in Global Business

BA532 Global Logistics and Supply Chain Management

BA533 Learning Organization and Knowledge Management

BA534 Management of Innovation and Technological Change

BA535 Change Management

BA536 Managing Service Operations

BA537 Entrepreneurship and New Venture Management

BA538 Creativity in Business E-Business, Customer Relationship Management, and Enterprise

BA539 Resource Planning

BA541 Accounting, Auditing and Taxation Issues in International Business

BA542 Special Topics in Global Business



Program Rationale

The world business environment is becoming increasingly competitive, to the point that even a local business is finding itself facing foreign competition. World events and technology have brought unforeseen challenges and speed of change unprecedented in history. Product life cycles are shorter and competition is no longer bound by national borders due partly to e-commerce, enhanced communications and modern distribution systems. Global managers must seek knowledge and learn how theories can be applied to help solve the unstructured problems faced each day

Program Objectives

The main objectives of the M.B.A Global Business is to provide professional training for business people to enable them to solve problems and make effective decisions across a broad range of business topics, such as issues related to management, marketing or finance. As such, it offers courses covering a wide range of topics, with the overall goal being to expand and enhance the abilities and tools available for effective problem solving and decision making in business. The program is to produce competent personnel of qualified competence in global business management to serve the growing needs of the business sector, besides providing MBA graduates with ethical and moral conscience for enhanced social responsibility as well.

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