University of Economy and Law after Avetik Mkrtchyan

The University of Economic and Law after Avetik Mkrtchyan (UELMA) in Yerevan, Armenia, was established in 1990 as an institution focused on providing skilled professionals within the banking, economic, and law sectors, particularly targeting the burgeoning market for private sector ventures. Formerly known as the Ministry of Education and Science of Armenia - UELMԱվետիք Մկրտչյանի Անվան Տն्तեսաիրավագիտական Համալսարան – it underwent a significant restructuring, incorporating elements common to international universities and enhancing its focus on practical application. The institution’s mission centers around cultivating leadership within these disciplines, offering comprehensive programs designed to equip graduates with valuable skills and knowledge relevant to contemporary economic development in Armenia. UELMA emphasizes a blended learning approach combining theoretical instruction with industry collaborations, working closely with leading banking institutions, regulatory bodies, and private sector businesses across the country. The institution's location in Yerevan provides access to a vibrant cultural and intellectual environment, fostering innovation and research opportunities. Recent strategic efforts have focused on improving student outcomes through modernized curriculum development, increased investment in technology infrastructure, and expansion to online learning resources, aiming to foster both rigorous academic training and workforce readiness for the country’s economic vitality. The institution prioritizes international partnerships to enhance its reputation and facilitate educational exchange.