On 19th, Dec 2025, MBA students from the International College of Panyapiwat Institute of Management (IC-PIM) visited the Bank of Thailand (BOT) Head Office in Bangkok as part of the Business Economics course. The visit was led and coordinated by Dr. Fei Lu, Director of International Cooperation and MBA Advisor of IC-PIM, offering students a unique opportunity to engage directly with Thailand’s central banking institution and economic policymakers.
The Bank of Thailand plays a central role in ensuring monetary stability, financial system resilience, and sustainable economic growth. During the visit, students were introduced to the BOT’s core responsibilities, including monetary policy formulation, inflation control, financial supervision, and macroeconomic stabilization, providing real-world context to economic theories discussed in class.
Through expert briefings and in-depth dialogue with central bank officials, students gained valuable insights into how economic indicators, policy instruments, and institutional decision-making processes are applied in response to domestic and global economic challenges. Topics such as interest rate policy, financial market regulation, and economic resilience were explored in detail.
A particularly enriching aspect of the visit was the opportunity to interact directly with government policymakers and economic professionals, allowing students to better understand the complexities of balancing economic growth, financial stability, and social well-being. These exchanges encouraged students to think critically about the role of central banks in shaping national and global economic outcomes.
The visit also highlighted the importance of policy transparency, economic communication, and international cooperation in an interconnected global economy. Students observed how the Bank of Thailand collaborates with international financial institutions and regional partners to address cross-border economic and financial issues.
This institutional visit significantly enhanced students’ understanding of business economics in practice, bridging academic theory with public policy implementation. It further reinforced IC-PIM’s reputation for delivering high-impact experiential learning, under the coordination of Dr. Fei Lu, and its commitment to developing globally minded business professionals.