Ms. Hakobyan graduated from the Department of Applied Mathematics of Yerevan State University in 1975 and from the Law Department in 1994. In 1989 she graduated from the Academy of Social Sciences under the SUCP Central Committee. She is a mathematician, lawyer, political scientist, Legal Sciences PhD and docent. She is a professor at Gavar State University. She was awarded a Nations' Friendship Order in 1986. She is an author of 2 monographs and 26 scientific articles.
From 1975-1983 she worked as an assistant professor at Yerevan State University. From 1978-1983 she was first the deputy secretary and later the secretary of Yerevan State University LCYU. Later, from 1983-1990 she was first the secretary of the LCYU Central Committee, then first secretary and eventually member of All-union LCYU Central Committee Bureau. From 1986-1990 she was a deputy in the Armenina SSR Supreme Council and was a member of the Presidium of the Supreme Council. From 1996-1998 she was RA Minister of Social Security.
1990-1995 she served as a deputy of the Supreme Council (electoral district # 203) and she was the Deputy Chairperson of the Supreme Council Standing Committee on Health Care and Social Affairs.
From 1995-1996 she was a deputy in the NA (electoral district # 121 and she was on the NA Standing Committee on Social, Health Care and Environmental Protection Affairs was a member of the Republic Faction.
1999-2003 was her second term as a deputy of the NA (electoral district # 41), where she was on the NA Standing Committee on Foreign Relations. First she was not a member of any faction or deputy group. Later she was the secretary of the “People's Deputy” Deputy Group.
On May 25, 2003 she was reelected to the NA from electoral district # 32 and she is the Chairperson of the NA Standing Committee on Science, Education, Culture and Youth Affairs. In 1996 she was a member of the NA Inter-Parliamentary Union delegation, a member of the Coordination Committee for Women's Problems, since 2004 she is the head of the NA delegation to the Inter-Parliamentary Union, the president of the Armenian Women's International Association and a co-president of Women's Health Protection Association. She was also a member of the boards of Yerevan, Cambridge-Yerevan, co-president of the Board of the Armenian-American Health Center. From 1995-1997 she was the deputy chairperson of the Committee on Social Affairs of the CIS Parliamentary Assembly.
She is also a member of the Republican Party of Armenia Faction and has no political party affiliation.