Siam University was founded in 1965 by the late Dr. Narong Mongkhonvanit as the first 3-year private engineering school in Thailand. It began by educating a student body of only two hundred, offering only one program, Mechanical Technical Power, which led to the equivalent of an associate’s degree (two-year) in the United States by virtue of the Thai Private School Act. In 1973 the Siam Technical College, was formally established as a private, higher education institution with the authorization to grant degrees. Soon after, in 1975, the university launched programs leading to a bachelors’ degree in Accounting, Marketing or Secretarial Science. Within those programs, students majored in banking, finance, personnel management or marketing. Later, in 1986, Siam Technical College became Siam Technical University, and three years later became ‘Siam University’ to show diversity in fields of study.