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Everything You Need To Know About MBA In Malaysia
Table of Content
- Introduction
- Key Highlights of MBA in Malaysia
- Tuition fees breakdown of MBA program in Malaysia
- Reasons to choose an MBA in Malaysia
- Best universities offering an MBA in Malaysia
- Eligibility criteria
- MBA programs with scholarships
- What are the career opportunities after an MBA program?
- Salary expectation
- How to increase the scholarship chances?
Introduction
Nowadays, everyone wants to do an MBA course to increase their market value and raise their career graph. Moreover, getting an opportunity to do an MBA from abroad is a better opportunity as it raises your credibility in the international market. Among all the preferred destinations, Malaysia is the best from where you can do the program. Rather than doing an MBA from the western countries, students prefer to do it from Malaysia. Undoubtedly, it is the best option in terms of quality education and affordability. In this article, we will tell you everything about MBA in Malaysia.
Key Highlights of MBA in Malaysia
| Parameter | Details |
|---|---|
| Course | MBA in Malaysia |
| Tenure | 2 Years |
| Eligibility Requirements | Bachelor’s Degree / Entrance Exam (varies by university) |
| English Proficiency | IELTS / PTE / TOEFL |
| Fees Range | ₹7 Lakhs – ₹14 Lakhs per year (RM 35,000 – RM 150,000) |
| Average Salary After Graduation | RM 80,000 – RM 98,000 per year |
| Best MBA Universities in Malaysia | University of Malaya, University of Putra Malaysia, National University of Malaysia, University of Science Malaysia |
Some of the best universities attract students to pursue an MBA in Malaysia. Moreover, the starting salary of an MBA graduate from a Malaysian university ranges from 80,000 to 98,000 RM/year. Hence, it is a lifetime opportunity that you cannot miss.
Tuition fees breakdown of MBA program in Malaysia
Undoubtedly, whether it is an MBA in Malaysia for Indian students or for students from other countries, the tuition fee breakdown will give you a clear idea. Here is the tuition fee breakdown of MBA programs in Malaysia.
| Category | Typical Fee Range |
|---|---|
| Public University | 25,000 RM – 60,000 RM per year |
| Private University | 30,000 RM – 80,000 RM per year |
| International Campuses | 50,000 RM+ |
| Executive MBA | 50,000 RM – 1,50,000 RM |
Majority of the MBA programs in Malaysia last for 2 years. It is perfect for a full-time course.
Reasons to choose an MBA in Malaysia
Mentioned below are a few reasons justifying why you need to choose an MBA in Malaysia. It will give you a clear idea.
Worldwide recognized degrees
One of the most important reasons is that the Malaysian universities offer the finest MBA programs. In terms of national and international accreditation, these programs stand out. Hence, the graduates can utilize this degree in the international market. It is one of the most important reasons for choosing an MBA in Malaysia.
Emphasis on readiness for Industry
An MBA curriculum combines academic study with real-world experience. Henceforth, you can trust an MBA in Malaysia and see how it benefits you. Majority of the international students visit Malaysia for an MBA program.
Suited for Indian students
The cost of living, access to quality education, proximity to India, and cultural similarities are the main points of attraction. This is why an MBA in Malaysia is an applicable option.
Cost advantage
Compared to the USA, the UK, Australia, and Canada, an MBA in Malaysia is relatively inexpensive, both in terms of study and living costs.
Best universities offering an MBA in Malaysia
These are the top-ranked institutes from which you can pursue an MBA course. These institutes are renowned for MBA in Malaysia with scholarship.
University of Malaya
It is one of the oldest and most highly ranked universities in Malaysia. With better corporate coordination, the university offers the best MBA programs. The major highlights of this university are the global relevance and academic excellence.
Key features:
Tuition: 56,800 RM per year (approx)
Better ranking and alumni network
A university that offers an MBA with research options or coursework pathways. Moreover, it stands out for its regional reputation and collaborative programs. International students pursuing an MBA in Malaysia prefer this university and recommend it to others.
Key features:
Tuition: 23,760 RM per year
The institute is known for its finest MBA programs, and research opportunities are an added benefit. The core attention is on business strategy and leadership. This institute is also a better option for an MBA in Malaysia.
Key features:
Tuition: 37,100 RM total or per year/ Even it can vary with the program
Universiti Kebangsaan Malaysia
This institute is known for a good balance of theoretical knowledge and practical skills. Moreover, it is known for its global MBA programs. When it comes to an MBA in Malaysia with scholarship, the institute stands out.
Fees: 41,160 RM per year
Offers international MBA programs and industry engagement. International students, including Indians, value it even more. An MBA program at this university can increase your credibility in the international market.
Tuition fee: 43,760 RM per year (INR 9.7 L)
The university offers MBA courses relevant to professional life. Moreover, the institute is also known for better corporate linkages. If you have the opportunity to pursue an MBA in Malaysia, this institute should be your first choice.
Fees: Can get higher- 72,705 RM
The institute collaborates with MIT Sloan School of Management. Moreover, with a leadership focus, the institute offers a global competitive curriculum. An MBA from this institution secures your future.
Tuition: Generally premium
Eligibility criteria
For an MBA in Malaysia, the eligibility criteria are as follows.
Academic qualifications
A recognized bachelor’s degree or equivalent from a reputable institution. Minimum requirement of CGPA: Varies from university to university (Generally between 2.5 and 3.0)
Work experience
Most MBA courses require 2+ years of work experience. But some accept students right after college or with 1 year of experience. Hence, an MBA in Malaysia is beneficial with work experience.
English
IELTS (usually 6.0 or above), or TOEFL, etc., if previous education was undertaken in a non-English speaking country.
Application & deadlines
There are numerous intakes throughout the year (e.g., in February, May/June, and September). All colleges charge different application fees.
Additional materials
An MBA in Malaysia is incomplete without Letters of Recommendation (LORs) and a Statement of Purpose (SOP). Moreover, it requires writing samples and resumes.
MBA programs with scholarships
There is no doubt that MBA programs in Malaysia offer popular scholarships. These scholarships have a specific value in today’s competitive market. Hence, an MBA in Malaysia with scholarship is a boon.
| Scholarship | Advantages | Notes |
|---|---|---|
| Malaysia International Scholarship (MIS) | Airfare, Tuition, Monthly Stipend | Sponsored by the government for international students |
| Khazanah Global Scholarship | Book Allowance, Tuition, Stipend | Merit-based, international students are welcome |
| ASEAN Scholarships | Allowance, Tuition | For ASEAN students |
| INCEIF Scholarships | Full Support of Tuition | Multiple awards available |
| Malaysian Commonwealth Scholarship | Financial Support | Varies every year |
| University Merit Scholarships | Part-time and Full-time Tuition | Offered by individual universities |
Pursuing an MBA in Malaysia with these scholarships can easily reduce tuition fees and living expenses.
What are the career opportunities after an MBA program?
After pursuing an MBA in Malaysia, you will have a wide range of opportunities. Moreover, your market value will increase in the international market. Here are a few career opportunities after an MBA program.
Possible roles
Management consultant
After pursuing an MBA in Malaysia your doors are open for becoming a management consultant. A Management Consultant assists businesses in overcoming problems and enhancing performance by analyzing the operations, and point out the shortcomings. Moreover, they provide advice regarding development, and reduction in costs, or restructuring. The skills that MBA pass-outs possess include analytical and strategic thinking.
Marketing manager
A Marketing Manager promotes a company's products or services. It would cover a wide aspect from market research, branding, and advertising campaigns to digital marketing, pricing strategies, and customer engagement. An MBA in Malaysia provides insight into consumer behavior and market trends.
Finance manager
A finance manager manages the financial planning and management activities of a company. Budgeting, forecasting, investment, risk, and financial reporting activities fall under the responsibilities of a finance manager. MBA graduates specializing in finance provide companies with profitable financial assistance for sustainable growth.
Operations director
An MBA in Malaysia also opens the door to being an operations director. The Operations Director manages the day-to-day activities of the business to achieve efficiency and productivity. The role entails supply chain, process, quality, and cost management. The MBA degree qualifies one to handle large teams and the operational processes of an organization.
HR Executive
An HR specialization in MBA enables you to become an HR executive. The HR Executive deals with the human resources of the organization. The work includes hiring, training, appraisals, payroll, and relations with employees. MBA HR graduates play an important role in shaping the culture of the organization as well as increasing the productivity of the employees.
Entrepreneur
An entrepreneur of a startup creates and runs their business. This may include developing an idea, planning the business, raising funds, marketing, and scaling up operations. Many leadership, finance, and strategy skills are learned through an MBA in Malaysia and can be applied to running successful entrepreneurial ventures.
Salary expectation
MBA graduates often secure annual packages between ~RM 80,000 and RM 200,000. It will depend on role and experience, which translates to strong returns on investment in Malaysia’s competitive job market.
How to increase the scholarship chances?
An MBA in Malaysia with scholarship involves these things. Without these things, it is not easy to avail oneself of the scholarship.
Better academic record
Universities and scholarship providers find applicants with strong bachelor's degrees attractive. Having a strong background indicates you can pursue postgraduate studies and increases your chances of securing scholarships. This thing completes half of the requirements of an MBA in Malaysia.
Fluent English proficiency
Since the MBA courses offered in Malaysia are conducted in the English language, you need to establish language competency. You can do it by writing and completing the likes of the IELTS and TOEFL tests. The better the score, the better the chances of getting the scholarship.
Work experience
A few MBA scholarships require candidates to have relevant work experience. There is no doubt that work experience epitomises practical knowledge and leadership skills. This is how your profile stands out, and your market value is raised. While doing an MBA in Malaysia, work experience plays a pivotal role.
Recommendations and SOP
An effective statement of purpose states your career intentions, reasons for applying for the scholarship, and why you are the deserving candidate for the award. Strong letters of recommendation from your employers or professors are also an added advantage. Candidates often overlook this, but it is a very important point.
Early applications
When pursuing an MBA in Malaysia, it is better to apply early. It would enable you to avail multiple scholarship opportunities and avoid any last-minute changes. In other words, it is a smarter approach which needs to be done. This is how the admission process becomes easier and faster.