2025 - 2026 SAA Rankings for Best Value Universities In Mongolia For International Students
Mongolia is surely one of the best places that you can consider if you’re planning to study abroad. The many grand opportunities that await while and after studying also add fuel to the fire. It also helps that besides the most popular schools, the country has more institutions to offer, with 45 in total.
With so many available options, it can be hard to find the best pick according to your budget, course preferences, and other factors. You want to find the institution that is the perfect fit or offers the best value for your money.
To help you out, we have ranked the best-value universities in Mongolia. They are known for offering high standards of education while keeping the costs affordable for international students.
Rank | University | Percentage Ranking (World) | Founded Year | City | Type |
---|---|---|---|---|---|
1 | University of Finance and Economics | 51 % | 1924 | Ulaanbaatar | Private |
2 | Mongolian University of Science and Technology | 52 % | 1959 | Ulaanbaatar | Public |
3 | National University of Mongolia | 58 % | 1942 | Ulaanbaatar | Public |
4 | Mongolian University of Life Sciences | 75 % | 1958 | Ulaanbaatar | Public |
5 | Citi University | 80 % | 1998 | Ulaanbaatar | Private |
6 | Mongolian National University of Medical Sciences | 82 % | 1942 | Ulaanbaatar | Public |
7 | Huree University | 88 % | 2002 | Ulaanbaatar | Private |
8 | Mongolian National University | 88 % | 1998 | Ulaanbaatar | Private |
9 | Mongolian National University of Arts and Culture | 88 % | 1990 | Ulaanbaatar | Public |
10 | Khovd University | 92 % | 1979 | Khovd | Public |
11 | International University of Ulaanbaatar | 92 % | 1995 | Ulaanbaatar | Private |
12 | Otgontenger University | 93 % | 1991 | Ulaanbaatar | Private |
13 | Soyol-Erdem College | 93 % | 1996 | Ulaanbaatar | Private |
14 | University of the Humanities | 93 % | 1979 | Ulaanbaatar | Public |
15 | Mandakh University | 93 % | 1992 | Ulaanbaatar | Private |
16 | The Ikh Zasag University | 93 % | 1994 | Ulaanbaatar | Private |
17 | Ulaanbaatar University | 94 % | 2012 | Ulaanbaatar | Private |
18 | Etugen University | 94 % | 2001 | Ulaanbaatar | Private |
19 | Global Leadership University | 94 % | 2007 | Ulaanbaatar | Private |
20 | University of Pharmaceutical Science | 95 % | 2000 | Ulaanbaatar | Private |
21 | Dornod University | 95 % | 1991 | Choibalsan | Public |
22 | Shihihutug University | 95 % | 1991 | Ulaanbaatar | Private |
23 | Ider University | 95 % | 1995 | Ulaanbaatar | Private |
24 | Institute of Education, Culture and Law | 95 % | 1999 | Ulaanbaatar | Private |
25 | Sun University | 95 % | 1998 | Ulaanbaatar | Private |
26 | Orkhon University | 95 % | 1992 | Ulaanbaatar | Private |
27 | Nomera Institute | 95 % | 1990 | Ulaanbaatar | Private |
28 | Ach Medical University | 95 % | 1998 | Ulaanbaatar | Private |
29 | Otoch Manramba University | 95 % | 1991 | Ulaanbaatar | Public |
30 | New Civilization Polytechnic College | 95 % | 2007 | Ulaanbaatar | Public |
31 | International University of Economics and Business | 95 % | 1997 | Ulaanbaatar | Private |
32 | Mongolian National Institute of Physical Education | 96 % | 1991 | Ulaanbaatar | Private |
33 | Tsetsee Goun Institute of Management | 96 % | 1998 | Ulaanbaatar | Private |
34 | Institute of International Studies | 96 % | 1996 | Ulaanbaatar | Private |
35 | Avarga Institute | 96 % | 1998 | Ulaanbaatar | Public |
36 | Gazarchin University of Mongolia | 96 % | 1995 | Ulaanbaatar | Private |
37 | Hangai University | 96 % | 2001 | Ulaanbaatar | Private |
38 | Mongolian State Conservatory | 96 % | 1937 | Ulaanbaatar | Public |
39 | New Medicine Institute | 96 % | 2000 | Ulaanbaatar | Private |
40 | Mon-Altius Institute | 96 % | 1997 | Ulaanbaatar | Private |
41 | Darkhan Institute | 96 % | 1997 | Darkhan | Private |
42 | Zasagt Khan Institute | 96 % | 1999 | Ulaanbaatar | Private |
43 | Enerel Medical Institute | 96 % | 1999 | Ulaanbaatar | Private |
44 | National University of Economics | 96 % | 2013 | Ulaanbaatar | Private |
45 | Mongolia International University | 96 % | 2002 | Ulaanbaatar | Private |
45 Best Value Institutions in Mongolia for International Students
Here are the 45 best-value institutions in Mongolia for international students. Here, you’ll learn more about their rankings, international student population, and their background.
1 University of Finance and Economics
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The University of Finance and Economics is one of the largest educational institutions in Mongolia, and it is known for its expertise in the field of business and governance. The university trains students by offering practical education that will equip them to meet the ever-changing standards in the industry. The University of Finance and Economics also has strong connections with industry leaders, allowing its students to gain valuable experience that will help them carve a good path in their respective careers.
2 Mongolian University of Science and Technology
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The Mongolian University of Science and Technology (MUST) is renowned as the premier national institute for higher education in Mongolia. Since its establishment in 1959, MUST has attracted and nurtured exceptional scholars, engineers, and students from across the nation. With a steadfast focus on engineering sciences, education, business, social work, and public service, MUST has earned widespread acclaim both domestically and internationally. Committed to excellence, MUST aims to be among the top 1000 universities worldwide by 2030, persistently fostering innovative problem-solving approaches.
3 National University of Mongolia
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The National University of Mongolia aims to produce top-notch graduates who will lead the future of Mongolia. With its leading lecturers, advanced facilities, and student-driven policies, the university believes that it will be able to fulfill its vision of becoming a global institution. The National University of Mongolia continuously contributes to the advancement of various higher education institutions in and out of the country through research collaboration and student exchange programs.
4 Mongolian University of Life Sciences
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The Mongolian University of Life Sciences (MULS), established in 1958, is a renowned institution located in Ulaanbaatar, Mongolia. It was formerly known as the veterinary faculty of the Mongolian State University and underwent structural changes in 1990 and 1993. MULS has a prestigious history, is known for its strong emphasis on research and innovation, and has made significant contributions to the field of life sciences. With excellent placement opportunities, modern facilities, and a vibrant campus atmosphere, MULS offers a comprehensive educational experience for its students.
5 Citi University
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Established in 1998, Citi University is one of Mongolia’s top private institutions of higher learning. It emphasizes international collaborations and academic partnerships with other organizations and institutions, enhancing educational opportunities for its students and graduates. In addition to its expansive curriculums, the university also ensures that its students have a conducive learning environment.
6 Mongolian National University of Medical Sciences
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Established in 1942 as the Medical Faculty of the National University of Mongolia, the Mongolian National University of Medical Sciences has made significant contributions to the field of medical sciences in Mongolia. Offering a diverse range of programs in various medicine and healthcare-related fields, the university is committed to providing high-quality education and healthcare. With a strong focus on research and innovation, the university aims to contribute to a healthier future.
7 Huree University
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Huree University, established in 2002, is a prestigious private institution in Mongolia that specializes in science and technology. With a strong emphasis on contributing to the country’s development, the institution focuses on improving the employment prospects of its students by offering a rigorous curriculum that addresses specific challenges faced by Mongolia, particularly in the field of Information Technology. By providing high-quality education, Huree University intends to positively impact the lives of young Mongolians and nurture future leaders who can make vital contributions to the country’s economy.
8 Mongolian National University
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Mongolian National University has multiple facilities and establishments on campus to aid students’ learning, making it the largest non-governmental university in the country. Living up to its mission of preparing future leaders, the university provides education extensively and ensures that its students are not just intelligent but also committed to giving back to society. In recent years, the institution has cooperated with more than 50 universities around the world to improve its students’ academic experience and to welcome more international students in Mongolia.
9 Mongolian National University of Arts and Culture
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The Mongolian National University of Arts and Culture (MNUAC) is a prestigious educational institution in Mongolia dedicated to the study and promotion of arts and culture. With a rich history and long-standing reputation, MNUAC has played a pivotal role in shaping Mongolia’s vibrant artistic scene. Comprising six subsidiary schools and various research institutes, the university offers a diverse range of programs, providing students with ample opportunities to excel in their artistic pursuits. MNUAC strives to nurture highly skilled professionals who can thrive in the global artistic landscape and make significant contributions to the development of arts and culture in Mongolia.
10 Khovd University
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Khovd University was established with the mission of fulfilling the educational needs of people living in the western regions of Mongolia. The university started as a small college, but because of its years of hard work and training, it has now become one of the country’s promising research institutions that cater to diverse academic courses. Khovd University’s goal of widening its international relations in the coming years is evident in its involvement in various research and foreign projects.
11 International University of Ulaanbaatar
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Founded in 1995, the International University of Ulaanbaatar (IUU) was Mongolia’s first foreign institution. The university is dedicated to offering a university education with a global perspective to the local community. Committed to providing an education of international standards, IUU aims to contribute to Mongolia’s economic and social development. With a strong emphasis on upholding individual human rights, IUU also focuses on nurturing intellectuals equipped with a diverse skill set that is globally relevant.
12 Otgontenger University
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Founded in 1991, Otgontenger University has played a vital role in Mongolia’s education sector. As an accredited institution, it provides a range of undergraduate and graduate degree programs led by highly qualified faculty members. The university offers degree programs in fields like Law, Humanities, Economics, and Business Administration. With a strong emphasis on research, Otgontenger University aims to cultivate ethical professionals and future leaders.
13 Soyol-Erdem College
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Soyol-Erdem College, founded in 1996, was created to strengthen relations between Mongolia and Japan. This institution offers various courses in Japanese translation and studies, tourism management, and economics, among other programs, opening numerous opportunities for its graduates to work and live in Japan. It positions itself as the nation’s leading education establishment in terms of Japanese and culture studies.
14 University of the Humanities
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Situated in Ulaanbaatar, Mongolia, the University of the Humanities is a public university that was established in 1979. Recognized by the Mongolian National Council for Education Accreditation, it offers a diverse range of bachelor’s and master’s degree programs. Committed to providing high-quality education, the university places a strong emphasis on academic excellence and the success of its students.
15 Mandakh University
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Founded in 1992, Mandakh University is a prestigious educational institution in Mongolia. It is recognized at both national and international levels and provides top-notch academic programs in various fields such as Business Administration, IT, and Financial Management. The university is committed to delivering exceptional education, fostering skilled professionals, upholding professional ethics, and ensuring accountability. With its modern campus and a supportive atmosphere for learning, Mandakh University aspires to gain global recognition for its academic and research accomplishments.
16 The Ikh Zasag University
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Founded in 1994, Ikh Zasag International University (IZIU) is a prestigious institution. The university’s name, “Ikh Zasag,” is derived from the time of Chinggis Khaan, highlighting its honorable heritage. With 10 branch schools and two campuses, IZIU is dedicated to providing a supportive learning environment. It places a strong emphasis on international collaboration and has established partnerships with more than 50 institutions worldwide. Recognized for its excellence in education and management, IZIU has received numerous awards and accolades. Today, the institution continues to prioritize the success of its students and is committed to providing an excellent study environment.
17 Ulaanbaatar University
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Ulaanbaatar University is located in Mongolia’s largest and most populated city, Ulaanbaatar. The university’s strategic location opens up opportunities for networking, internships, and research collaborations. Being in a large city allows students and faculty to network with professionals and industry leaders. With 40 percent of the university’s faculty holding doctorate degrees, students enjoy high-quality education and innovative teaching methods.
18 Etugen University
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Established in 2011, Etugen University is a renowned institution in Mongolia with a global reputation. It offers excellent educational and research opportunities across a wide range of disciplines including medicine, economics, nursing, dentistry, pharmacy, and management. With the aim of ranking among the top 100 universities in Europe, Etugen University is committed to offering state-of-the-art facilities that create an ideal learning environment for its students.
19 Global Leadership University
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Global Leadership University is a top choice for international students seeking top-quality education and memorable cultural experiences. Located in the downtown area of Mongolia’s capital city, Ulaanbaatar boasts a rich culture and plenty of enticing activities for its visitors. Mongolians are among the most warm and welcoming people in the world, and these qualities are embodied by Global Leadership University as well.
The university offers world-class undergraduate and graduate degree programs in business, law, humanities, and nursing. It aims to produce well-rounded graduates trained not only in their chosen fields but also in effective communication and multicultural skills, enhancing their prospects with international companies and organizations.
20 University of Pharmaceutical Science
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The University of Pharmaceutical Sciences, established in 2000, is the first private institution of higher learning founded through the initiatives of L. Khurelbaatar. This institution offers undergraduate and graduate-level healthcare-related programs and aims to become a leading provider of high-quality and relevant healthcare education in Mongolia. It is located in the capital city of Ulaanbaatar, allowing international students to immerse themselves in a unique cultural experience.
21 Dornod University
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Dornod University is a public institution of higher learning located in the capital city of the Dornod province in Mongolia. Established in 1991, it is mandated to contribute to the country’s social development efforts by providing accessible quality education and conducting innovative research. The university fosters cultural diversity by welcoming students and partnerships from all over the world.
22 Shihihutug University
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The Shihihutug University was established as Shihihutug Law Institute in 1991 and officially opened its doors to enrollees in 1992. It started with 33 students who were selected from over 500 applicants. In addition to commemorating the institute’s 10th anniversary in 2001, it received its first successful accreditation and established the Clinical Training Center. The institute was upgraded to a university in 2016 through an issued order by the Minister of Education, Culture, and Science.
23 Ider University
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Ider University is among the top private institutions of higher learning in Mongolia. Founded in 1995, the Mongolian Ministry of Education recognizes this university as an advanced-level educational institution. It is also accredited by the Accreditation Council of Business Schools and Programs (ACBSP), ensuring its programs adhere to high academic standards. This university is renowned for delivering quality education and equipping its students with the needed skills and knowledge to succeed in their chosen fields.
24 Institute of Education, Culture and Law
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The Institute of Education, Culture and Law is a private institution of higher learning in Ulaanbaatar, Mongolia’s biggest city. It was established in 1999 and is duly accredited by the Mongolian National Council for Education Accreditation. This institution is committed to enriching its students’ educational experiences through relevant and up-to-date curriculums, highly skilled faculty, and fully equipped classrooms and laboratories.
25 Sun University
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Sun University, established in 1998, is one of Mongolia’s first private higher education institutions. It is situated in Ulaanbaatar, the country’s capital and most populous city. The university offers programs in management, accounting, finance, and banking. It is a duly accredited institution by the Accreditation Council for Business Schools and Programs (ACBSP), a renowned global business education accrediting body. This accreditation highlights the quality of its course offerings and its commitment to continuous quality improvement.
26 Orkhon University
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Orkhon University is a private institution in Mongolia formerly called Orkhon Institute of Foreign Languages and Secretarial Training. It was founded by Khajidsuren Nyamaa in 1992 and is located in the country’s capital, Ulaanbaatar. In 1998, the institution established a branch in Zavkhan Province to meet the growing demands for quality education in the region. The university offers over 20 programs across three schools: the School of Humanities, the School of Law, and the School of Economics and Business Management.
27 Nomera Institute
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Previously known as the Seruuleg Institute, the Nomera Institute in Mongolia is a private higher education institution established in 1990 and rebranded to its current name in 2021. The same year, it was accredited with the Silver Learning Partner status from the Association of Chartered Certified Accountants (ACCA). In 2014, its accounting and business administration programs received accreditation from the Accreditation Council for International Business Schools and Programs. These recognitions are a notable feat for this institution, as it aims to provide high-quality training to students who can become future entrepreneurs and startup managers.
28 Ach Medical University
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Ach Medical University is among Mongolia’s leading private educational institutions specializing in health sciences. Founded in 1998, it is committed to training highly skilled professionals in the medical field. Looking back to its humble beginnings, the institution started out with five teachers and 54 students. Since its establishment, it has achieved notable growth and now has several buildings and amenities, including an expansive library, a sports and fitness center, a cultural hall, a cafeteria, and a student dormitory.
29 Otoch Manramba University
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Founded in 1991, Otoch Manramba University was the first private university to offer training and education in traditional medicine, nursing, pharmacy, and Buddhist philosophy. This institution has preserved thousand-year-old methods of traditional medicine and shares this knowledge with its students, scholars, and medical professionals, creating opportunities for future development in this field. It is a duly accredited institution of higher learning by the Ministry of Education, Culture, Science and Sports of Mongolia. Fostering a welcoming and inclusive culture, the university’s population comprises local and international students pursuing undergraduate and post-graduate studies.
30 New Civilization Polytechnic College
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The New Civilization Polytechnic College is a private institution of higher education established in 2007. It is located in Mongolia’s capital city, Ulaanbaatar. This college aims to become one of the top educational institutions in the country. To achieve this goal, it continues to foster partnerships with other institutions to strengthen and improve its course offerings and services. It has also invested in a highly skilled roster of educators and fully equipped facilities, ensuring the delivery of high-quality education.
31 International University of Economics and Business
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The International University of Economics and Business, established in 1997, is a higher education institution in Mongolia. It is located in Ulaanbaatar, the country’s capital and largest city. It is a duly recognized and accredited private institution by the Mongolian National Council for Education Accreditation. The university aims to become the nation’s leading education establishment in business and economics studies. To achieve this goal, the Accreditation Council for Business Schools and Programs accredited the university in 2017, joining the ranks of elite business schools worldwide.
32 Mongolian National Institute of Physical Education
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Founded in 1991, the Mongolian National Institute of Physical Education started with only 3 teachers and 47 students. Since then, it has significantly grown to have over 30 faculty members and more than 600 students across three departments. To attain its goal of becoming one of the top education establishments in the country, this institution features a modern laboratory with state-of-the-art equipment. In addition, it has a fully-equipped gym for various sports, including wrestling, aerobics, and other fitness games.
33 Tsetsee Goun Institute of Management
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The Tsetsee Goun Institute of Management was established in 1998 through the efforts of the Development Foundation of Local Management, an NGO led by a former member of the Mongolian parliament. It is one of the first private higher education institutions in Mongolia to offer management and public administration programs. The school’s location in the country’s capital makes it very accessible to current and prospective students, its faculty, and stakeholders.
34 Institute of International Studies
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The Institute of International Studies is a private institution in Mongolia that offers undergraduate and postgraduate programs in international relations, business management, philosophy, and political science, among other fields. It was founded in 1996 and is located in Mongolia’s capital city, Ulaanbaatar. Since its establishment, the institute has produced skilled graduates and specialists working in various government offices, the banking and business sectors, and embassies worldwide.
35 Avarga Institute
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The Avarga Institute, located in the Khan-Uul district of Ulaanbaatar, is a private institution of higher learning in Mongolia. Established in 1998, it focuses on physical education, coaching, and sports studies. As a leading educational institution in this field, this institute has produced Olympic and world champions in judo, combat sambo, bodybuilding, youth wrestling, and chess.
36 Gazarchin University of Mongolia
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Gazarchin University of Mongolia, located in Ulaanbaatar, was founded in 1995 and is one of the oldest private institutions in Mongolia. The university offers a good selection of undergraduate and graduate courses. It is notably known for its tourism management and mining technology programs. This institution emphasizes providing each student with an enriching educational experience. The campus boasts extensive facilities, including an expansive library with over 30,000 textbooks, fully equipped laboratories, cozy dormitories, and accessible sports amenities.
37 Hangai University
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Hangai University is a private higher learning institution in Ulaanbaatar, Mongolia. It was founded in 2001 and is duly recognized by the Mongolian National Council for Education Accreditation. The university offers a variety of high-quality programs designed to meet industry demands. It aims to produce graduates who will support Mongolia’s economic progress and contribute to societal well-being.
38 Mongolian State Conservatory
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Mongolian State Conservatory is an institution that focuses on leveraging students’ creativity. It provides training in arts and music and has great international connections with other conservatories worldwide. The exceptional learning and skills one can acquire at the institution are clear with the many award-winning graduates the conservatory has produced. This proves how prestigious and excellent the institution is when it comes to developing students’ artistry and talent.
39 New Medicine Institute
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Established in 2000, the New Medicine Institute is a private institution offering medical education. It is located in Mongolia’s capital and largest city, Ulaanbaatar. Equipped with state-of-the-art equipment and updated curriculums, this institution provides high-quality programs in traditional and modern medicine, pharmacology, and nursing. It emphasizes both modern and traditional methods, allowing its graduates to integrate these approaches into their professional practices.
40 Mon-Altius Institute
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Founded in 1997, Mon-Altius Institute is a private higher education institution in Ulaanbaatar, Mongolia. It positions itself as a premier educational establishment in the country, offering programs in physical and sports education, sports management, and teacher training at both the undergraduate and graduate levels. As a renowned sports education institution, it boasts successes in university-level basketball. It won the men’s title at the 5th Asian University 3×3 Basketball Championship and secured a silver medal at the World University 3×3 Basketball Championships.
41 Darkhan Institute
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Darkhan Institute is a higher education institution in Mongolia that offers undergraduate and postgraduate programs in education and management. It is located in Darkhan, the country’s third-largest city and the capital of Darkhan-Uul province. This institution is duly accredited by the Mongolian National Council for Education Accreditation, ensuring the delivery of high-quality education and the continuous improvement of its services.
42 Zasagt Khan Institute
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The Zasagt Khan Institute, founded in 1999, is a renowned private institution of higher learning accredited by the Mongolian National Council for Education Accreditation. The institute provides accessible and high-quality programs at the undergraduate and postgraduate levels in business management, arts and humanities, and public administration. As it continues to deliver premium educational services, the institute stands as one of Mongolia’s pioneering institutions committed to nurturing the growth of its students.
43 Enerel Medical Institute
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The Enerel Medical Institute, founded in 1999, was the first private nursing institution of higher learning in Mongolia. This institution strongly emphasizes its research collaborations, ensuring that its programs remain relevant and updated. In addition, it also partners with the American Nurses Association and other international institutions for professional training and student exchange initiatives. The institute’s campus features a 2400-square-meter building in Ulaanbaatar. It has academic and non-academic facilities, including a well-stocked library, canteen, lecture halls, and laboratories.
44 National University of Economics
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The National University of Economics is a duly recognized and accredited higher education institution in Ulaanbaatar, Mongolia. It offers high-quality business management and economics programs at the undergraduate and postgraduate levels. Established in 2013, this institution has continued to work towards its goal of becoming one of the leading business schools in the country. It is an accredited member of the Accreditation Council for Business Schools and Programs (ACBSP), ensuring the delivery of quality and up-to-date programs.
45 Mongolia International University
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Established in 2002, Mongolia International University (MIU) is a prestigious private university located in Ulaanbaatar, Mongolia. MIU is widely recognized for being the first university in Mongolia to offer all courses in English, catering to the diverse needs of students. The university provides accredited undergraduate and graduate programs in disciplines such as Business Administration, Computer Science, and English Language Teaching. MIU is committed to producing graduates who will make a positive impact in Mongolia, Central Asia, and beyond. With a strong sense of community and a supportive environment, MIU ensures that students thrive academically and personally during their educational journey.
Education is one of the biggest investments a person can make. Many international students have found their school funds best spent in Mongolia, particularly in these best-value universities we have shared above. Thus, it’s a great idea to include them in your list of institutions for studying abroad.