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The Turkmen State Institute of Economics and Management is located in its capital city of Turkmenistan, Ashgabat. The institute, formerly named the Turkmen Institute of National Economy was, founded in 1980.

The institute was renamed the Turkmen State Institute of Economics and Management in 2008, and is the largest known institute in Turkmenistan for studying economics.

The institute offers wide range of courses across different disciplines including history economics, accounting, economic analysis and audit statistics, economics and law, finance, banking, public science, economic informatics, management, information systems, foreign languages, marketing, labour economics, advanced mathematics, and physical education.

The campus has modern classrooms, a conference hall, an electronic library, language laboratories and sport facilities such as swimming pools, a stadium with open playgrounds, and a sports complex.