Thammasat Business School at Thammasat University

What Thammasat Business School at Thammasat University does

Thammasat Business School (TBS) is the business faculty of Thammasat University, one of Thailand's oldest public universities, located across two Bangkok campuses at Tha Prachan and Rangsit. The school offers a full-stack business education portfolio spanning undergraduate programs (BBA in Thai and international tracks, BBM), a combined IBMP program, master's degrees (MBA, MAP, MSMIS, MIF, and the executive GEMBA), and doctoral study (PhD). It holds the 'Triple Crown' of business school accreditation from EQUIS, AACSB, and AMBA, a credential held by fewer than 1% of business schools globally, with EQUIS re-accreditation reaffirmed in 2025.

The school's core deliverables are tuition-based degree programs delivered through in-person and blended formats, with program-specific pricing (e.g., MSMIS at 255,720 Baht). It operates an ecosystem of 67 university partners and 75 corporate partners supporting student exchange, dual-degree pathways (including the 3+1 Dual Degree Program), research collaboration, and graduate placement. Curricular output is supported by 117 PhD alumni and a research-active faculty required to maintain AACSB standards.

Revenue is generated primarily through tuition fees on a recurring, per-cohort basis, with additional non-tuition revenue potential from corporate partnerships and executive education through the GEMBA program. No disclosed revenue, enrollment, or headcount figures are public, and the school functions as a nonprofit public university faculty rather than a commercial entity. Branding is reinforced by QS 2026 rankings, which place the GEMBA #1 in Thailand, #4 in ASEAN, and #17 in Asia.

Name

Thammasat Business School at Thammasat University

Legal name

Thammasat Business School, Thammasat University

Website

https://tbs.tu.ac.th

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

101–250 employees

Short description

Thammasat Business School is the business faculty of Thammasat University in Bangkok, offering triple-crown-accredited undergraduate, master's, executive (GEMBA), and doctoral programs to domestic and international students across two campuses.

Ownership category

akta.pro rank

Product category

Higher Education / Business Education

NAICS

Professional and Management Development Training (611430), Business Schools and Computer and Management Training (6114)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Undergraduate Business Schools (BBA/BSBA Programs) (EDAHAHAA)

akta.pro secondary industries

Operations, Supply Chain & Logistics Management Schools (EDAHAHAF), International Business & Global Management Schools (EDAHAHAJ)

Keywords

• Business education
• Higher education
• MBA programs
• Executive education
• Business research

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Academic Program Fees: The school generates revenue through tuition fees from various academic programs including undergraduate (Thai and international BBA programs), combined bachelor-master programs (IBMP), master's degrees (MBA, MAP, MSMIS, MIF, GEMBA), and doctoral programs (PhD). Fees vary by program level and whether the program is Thai or English language.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Thammasat Business School is a university-level business school that delivers undergraduate, master's, and doctoral degree programs in business and management disciplines. It also offers executive education, professional development, and applied business research, marketed primarily to prospective students, working professionals, and corporate clients in Thailand and the ASEAN region.

Product overview

Thammasat Business School at Thammasat University is an educational institution offering a comprehensive portfolio of business education programs. The school provides undergraduate programs in Thai and international formats (BBA, BBM), combined bachelor's-master's programs (IBMP), graduate programs including MBA, specialized master's programs (MAP in Accounting, MSMIS in Management Information Systems), executive education (GEMBA - Global Executive MBA ranked #1 in Thailand), and doctoral programs (Ph.D. in Business Administration with majors in Accounting, Marketing, Management, and Finance). The portfolio ranges from undergraduate to doctoral levels, with programs delivered in both Thai and English, serving domestic and international students.

Differentiator

Problem solved

Functional benefit

Brands

• Thammasat Model: Community business project program teaching students to apply knowledge for social benefit
• CONC - Thammasat Consulting Networking and Coaching Center
• CCC - Career Counseling Center
• JISB - Journal of Information Systems in Business
• SMART Center - Thammasat Competency Test Center
• TBS-AIM Advanced Institute of Mentorship
• 3+1 Dual Degree Program

Products and services

• Bachelor's degree programs in business and management Undergraduate degree programs in business and management disciplines offered to prospective students seeking a first degree in business; delivered on-campus at Thammasat University in Thai and English.
• Master's degree programs (MBA and other master's) Master's-level programs, including MBA and specialized master's degrees, aimed at early- and mid-career professionals seeking managerial qualifications.
• Doctoral degree programs in business PhD/doctoral programs in business and management aimed at candidates pursuing academic or advanced research careers.
• Executive education and professional development programs Short-format and continuing education programs for working professionals and corporate clients, covering management, leadership, and applied business topics.

Quantifiable outcome

• GEMBA ranked #1 in Thailand, #4 in ASEAN, #17 in Asia (QS Global MBA Rankings 2026)

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, minor and moderate.

• EFMD (European Foundation for Management Development)coreOthersEFMD awards EQUIS accreditation to TBS. TBS is recognized as meeting international standards for business education quality.
• AACSB InternationalcoreOthersAACSB provides accreditation services and recognition for TBS business programs as meeting global standards.
• Association of MBAs (AMBA)coreOthersAMBA accredits TBS's MBA programs as meeting international postgraduate business education standards.
• PRME (Principles for Responsible Management Education)minorStrategic or Co-development PartnerTBS is a signatory to PRME, committing to responsible management education principles and sustainability in business education.
• PIM Network (Principles of Management)minorStrategic or Co-development PartnerPartnership network for management education collaboration and best practice sharing among institutions.
• 67 University PartnersmoderateStrategic or Co-development PartnerInternational university partnerships for academic exchange, research collaboration, and student mobility programs.
• 75 Corporate PartnersmoderateStrategic or Co-development PartnerCorporate partnerships for industry collaboration, guest lectures, internships, and graduate employment opportunities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• CEIBS (China Europe International Business School): Major Asian business school offering MBA and executive education with a strong focus on China-Asia business. Asian regional peer and competitor for executive education students in East and Southeast Asia.
• HKUST Business School: Top-ranked Asian business school with strong MBA, executive, and specialized master's programs. Competes with TBS for global rankings and the international Asian executive education market.
• National University of Singapore Business School: Top-ranked ASEAN business school offering MBA, executive education, and undergraduate programs. Competes with TBS for regional executive students and international applicants seeking ASEAN-based business education credentials.
• CUHK Business School (Chinese University of Hong Kong): Asian business school offering MBA, EMBA, and specialized master's programs. Competes with TBS for Asian-based executive education and international students, particularly in the Greater China and ASEAN corridors.
• Singapore Management University (Lee Kong Chian School of Business): Singapore-based business school offering MBA, EMBA, and undergraduate programs. Regional peer in ASEAN business education; competes for the same international student pool in Southeast Asia.

Broad incumbents

• INSEAD: Global top-tier business school with a Singapore campus, offering MBA, EMBA, and executive education. Competitor for premium executive students in ASEAN; represents the aspirational benchmark for top-ranked programs like TBS's GEMBA.

Direct peers

• Mahidol University International College (MUIC): Thai tertiary institution offering international undergraduate and graduate business programs. Domestic peer competing for international students and English-language business education in Thailand.
• Sasin Graduate Institute of Business Administration: Premier Thai business school at Chulalongkorn University, offering MBA, executive, and doctoral programs. Most direct domestic peer to TBS, also holding EQUIS/AACSB accreditations and competing for the same Thai and regional executive education market.
• Chulalongkorn Business School: Another top Thai business school at Chulalongkorn University, competing directly with TBS for undergraduate and graduate business students in Thailand. Operates similar program portfolios and is a primary competitor for Thai talent.
• Assumption University - Martin de Tours School of Management and Economics: Private Thai university offering undergraduate and graduate business programs. Competes with TBS for Thai students in the BBA and MBA segments, particularly in English-language programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/TBSpr2
• Facebookfacebook.com/tbs.thammasat

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thammasat Business School at Thammasat University