Business in Mongolia (Course, Master)

EENI Business School & HA University

Syllabus of the Online Subject: Foreign Trade and Business in Mongolia. Ulaanbaatar.

  1. Introduction to Mongolia (Asia)
  2. Mongolian Economy
  3. Doing Business in Ulaanbaatar
  4. Foreign Trade of Mongolia
  5. Mongolian Customs
  6. Business Opportunities in Mongolia:
    1. Mining
    2. Agriculture
    3. Construction
    4. Energy
    5. Transport
    6. Industry
    7. Health
  7. Foreign Direct Investment (FDI) in Mongolia
  8. Case Study: Mongolian Mining Corporation
  9. Access to the Mongolian Market
  10. Business Plan for Mongolia

The aims of the Online Subject “Foreign Trade and Business in Mongolia” are the following:

  1. To analyse the Mongolian economy and foreign trade
  2. To know the business opportunities in Mongolia
  3. To explore Mongolian trade relations with the student's country
  4. To know Mongolian Free Trade Agreements
  5. To examine the profile of Mongolian Companies
  6. To develop a business plan for the Mongolian Market

The eLearning Subject “Doing Business in Mongolia” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: International Business, Foreign Trade, Asia, Religions & Business
  2. Doctorates: Ethics, Religions & Business, Business in Asia, Global Trade
  3. Diploma: Business in Central Eurasia
  4. Course: Buddhism, Ethics and Business

Higher Education programs adapted to Mongolian Students.

The course materials are available in Master in International Business in English (Study Master Doctorate Business in Spanish Mongolia Study, Master in International Business in French Mongolie)

  1. Credits of the Online Subject “Foreign Trade and Business in Mongolia”: 1 ECTS Credits
  2. Duration: one week

Example of the Online Subject - Doing Business in Mongolia:
Master Course: Business in Mongolia

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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Subject (Doing Business in Mongolia).

Mongolia is one of the fastest growing world's economies.

  1. Borders of Mongolia: China and Russia
  2. Total Mongolian population: 2.9 million people
  3. The majority of the Mongolian are Mongols (Khalkha)
  4. 59% of the total population is under age 30
  5. Mongolian Capital: Ulaanbaatar (40% of the population)
  6. Mongolian Area: 1,565,000 square kilometres (19th world's largest nation)
  7. Landlocked country
  8. Desert of Gobi: 41% of the Mongolian land
  9. Type of Government: Parliamentary Republic
  10. Mongolian official language: Khalkha Mongolian (Cyrillic alphabet, spoken by 90% of Mongolians)
  11. Russian language and English are the most spoken foreign languages

Main religion in Mongolia: Tibetan Buddhism (50%), atheism (40%)

  1. Traditional religions (Tengriism and Shamanism)

Mongolia belongs to Lamaist area of Buddhist Civilisation.

Mongolia Mining

Mongolian Economy.

  1. Market economy
  2. Huge mineral resources
  3. Mineral production: gold, copper, and coal
  4. Mongolian GDP growth: 7%
  5. GDP: 10 Billion USD
  6. Mongolian Growth rate: 7%
  7. GNI per capita: 3.770 USD
  8. Mongolian Legal system: Based on Roman-German (Constitution)

Mongolian Foreign Trade (Master, Course)

Foreign Trade of Mongolia.

  1. Mongolian exports: 5.774 billion USD
  2. Mining exports (coal, copper, iron ore, and petroleum) represent 74% of Mongolian exports
  3. The main Mongolian trade partners are Russia and China
  4. Mongolian imports: 5.266 billion USD
  5. The main Mongolian imports are consumer and capital goods, fuels
  6. Mongolia is open to FDI
  7. Total FDI: 17 Billion USD (12,000 companies from 112 countries)
  8. Top sectors receiving FDI: geology and mining (72%), trade and food (18%), banking, logistics, and construction
  9. Nearest ports: Tianjin (China, 1.344 kilometres), Nakhodka (Russia, 4.037 kilometres)
  10. Access to the Eurasian Land Transport Initiative

Central Asia Economic Cooperation

Mongolia has preferential access/FTA.

  1. Shanghai Cooperation Organisation (SCO) (Observer state)
  2. Central Asia Regional Economic Cooperation (CAREC) Programme
  3. Generalised System of Preferences (GSP)
  4. Asia-Pacific Trade Agreement (APTA)

Mongolia is a member of:

  1. World Customs Organisation
  2. Economic and Social Commission for Asia and the Pacific (ESCAP)
  3. Organisation for Cooperation between Railways (OSJD)
  4. Asian Development Bank (ADB)
  5. Asia Cooperation Dialogue (ACD)
  6. Boao Forum for Asia
  7. European Investment Bank
  8. Economic Commission Europe (UNECE)
  9. Africa-Asia Strategic Partnership (NAASP)

Generalised System of Preferences (GSP, Course)

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