MBA in Malaysia: Fees 2023, Top Colleges, Placements & Salaries

MBA in Malaysia is an increasingly popular and globally recognized postgraduate degree program which can be obtained from the national universities within Malaysia as well as from foreign universities established in Malaysia. Different universities have different intakes for MBA programs, however, in general, MBA colleges in Malaysia have two intake seasons: the January intake and the September intake.

MBA colleges in Malaysia typically require applicants to have a 4-year bachelor's degree with a minimum GPA of 2.5 on a 4.0 scale (75-80%). Some universities may also require a GMAT score of 550+ for a better evaluation. MBA fees in Malaysia range from 21,000 MYR – 30,000 MYR (INR 3,91,957 – INR 5,59,939).

Many universities in Malaysia have a strong track record of placing their graduates in top companies both domestically and internationally. Some of the top employers for MBA graduates in Malaysia include multinational corporations such as PwC, Dell, and Unilever, as well as local firms such as Maybank and CIMB. Salaries for MBA in Malaysia vary depending on the industry and level of experience, but can range from 80,000 MYR to 200,000 MYR (15 lakhs to 37 lakhs INR) per year.

MBA in Malaysia: Highlights

Program MBA in Malaysia
Program Type Full-time, part-time
Program duration 2 years
Eligibility criteria A 4-year bachelor’s degree from a recognized institution with an average CGPA of 2.5-3.0
GPA Minimum 2.5 on a 4,0 scale
English proficiency requirements IELTS: 6.0 | TOEFL: 80 | PTE (Academic): 50+
Tuition fee range 21,000 MYR – 30,000 MYR (INR 3,91,957 – INR 5,59,939)
Average Salary 98,000 MYR (18.31 lakhs INR)
Top Employers Dell | Intel | Unilever | Malaysian Airlines | May bank

Top MBA colleges in Malaysia

Malaysia is home to several highly reputed universities that offer world-class MBA programs. Choosing the right MBA college is a crucial step towards achieving one's career goals, as it can significantly impact an individual's professional growth and development. This section aims to provide valuable insights into the top MBA colleges in Malaysia, including their academic programs, application deadlines, and tuition fee:

University Program Deadlines Total Tuition Fees (MYR)
Universiti Malaya (UM) MBA 30th August 2023 52,700
Universiti Kebangsaan Malaysia (UKM) MBA 15th October 2022 (Sem I) 24th March 2023 (Sem II) 41,160
Universiti Utara Malaysia (UUM) MBA 31st May 2023 (September intake) 30th October (January intake) 38,820
Universiti Teknologi Petronas MBA in Energy Management 9th January 2023 (January intake) 1st March 2023 (May intake) 30th April 2023 (July intake) 45,700
Universiti Putra Malaysia MBA 30th September 2022 (January intake) 31st January 2023 (May intake) 4th June 2023 (September 2023) 32,940
Universiti Malaysia Pahang MBA 14th October 2022 (Sem I) 10th March 2023 (Sem II) 26,590
Universiti Kuala Lumpur MBA 27th February 2023 27,000
Nottingham University MBA 21st November 2022 68,365
Asia School of Business MBA 28th February 2023 (Round 1) 30th April 2023 (Round 2) 30th June 2023 (Round 3) 150,000

Why study MBA in Malaysia?

There are several reasons why studying for an MBA in Malaysia can be a great choice for students. Here are some of the reasons:

  • MBA in Malaysia has gained significant popularity in recent years, due to the high-quality education system in Malaysia, as well as the relatively affordable tuition fees when compared to pursuing MBA at other popular study destinations such as:
  • According to a survey, 38% of job applicants pursued an MBA in Malaysia to increase their income, and businesses are also willing to offer higher pay to individuals who have completed an MBA program in Malaysia because of their adaptable abilities, strong communication skills, and strategic thought process.
  • Salaries for MBA in Malaysia vary depending on the industry and level of experience, but can start from 80,000 MYR and go as high as 200,000 MYR (15 lakhs to 37 lakhs INR) per year. Some of the top employers along with the average salaries are given below:
     
    MBA in Malaysia top employers and salaries
  • Malaysia is strategically located in Southeast Asia, providing easy access to other major markets in the region. This can be beneficial for students interested in pursuing careers in international business or expanding their professional network in the region.
  • As of 2023, Malaysia's unemployment rate is remarkably low, standing at only 3.3%. This indicates that the job market in Malaysia is relatively stable and the economy is performing well.

Overall, pursuing an MBA degree in Malaysia can provide students with a high-quality education, a multicultural environment, and valuable networking and practical experience opportunities, all at an affordable cost.

MBA in Malaysia: Admissions

Admission for MBA programs in Malaysia is based on the application submitted to the respective portals and the performance of the interview conducted. Admission is generally done in two intakes: January and September. However, certain universities have more than two intakes for their MBA program.

Applications for the majority of the universities can be submitted throughout the year and admission is done mostly on a rolling basis. Certain universities, however, have prescribed dates of application deadlines and decision release notifications. Therefore, applicants are advised to keep an eye on important dates on the official website of the university one is applying to.
Also Read
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Apply to Study in Malaysia- Public University Applications, Requirements

MBA in Malaysia: Eligibility Criteria

Entry requirements for international students for the MBA program differ from one university to another. However, the general requirements and criteria one must qualify to be eligible for MBA admission are listed below:

  • Academic Degree- Minimum requirement of a 3-year/ 4-year bachelor’s degree from a recognized institution
  • Minimum GPA- 2.5 or above on a 4.0 scale (with work experience), 3.0 or above on a 4.0 scale (without work experience)
  • GRE or GMAT Score- GMAT score of more than 550
  • English Proficiency Test Score- TOEFL: 80, IELTS: 6.0, PTE (Academic): 50+
  • Statement of Purpose/Essay- Optional
  • Letters of Recommendation- 1-3 LORs
  • Coursework- Business strategy, Financial management, marketing management, organisational behaviour, corporate social responsibility
  • Experience- Two years of professional work experience

Also Check: Student Visa

MBA in Malaysia: Admission Requirements

The various admission requirements for MBA programs for the following universities are:

University Academic requirement Additional documents
Universiti Malaya (UM) 4-year bachelor’s degree with a CGPA of more than 3.0 with 3 years of professional work experience NA
Universiti Kebangsaan Malaysia (UKM) 4-year bachelor’s degree with a CGPA of more than 3.0 NA
Universiti Utara Malaysia (UUM) 4-year bachelor’s degree with a CGPA of more than 2.75 with at least 3 years of work experience NA
Universiti Teknologi Petronas 4-year bachelor’s degree with a CGPA of more than 2.5 Entrance test | CV/resume
Universiti Putra Malaysia 4-year bachelor’s degree with a CGPA of more than 2.75 CV/resume | Entrance test
Universiti Malaysia Pahang 4-year bachelor’s degree with a CGPA of more than 2.5 A-levels in Mathematics
Universiti Kuala Lumpur 4-year bachelor’s degree from a recognized institution CV/resume | Personal Essay
Nottingham University Second-class honours degree from a recognized institution NA
Asia School of Business 4-year Bachelor’s degree with a GPA of 2.5 Cover letter | Resume | Essay (optional) | Transcripts and certificates

MBA fees in Malaysia

The cost of study for an MBA in Malaysia ranges from 40,000 MYR to 80,000 MYR (INR 7,46,585 to INR 14,93,170) depending on the area in which one is living and the university they are attending. The total cost typically includes tuition fees, medical expenses, rent, personal expenses, groceries, etc.

MBA in Malaysia: Tuition Fee

The tuition fees vary from around 25,000 MYR to 60,000 MYR (4,66,888 INR to 11,20,532 INR) for most universities. The following table shows the total tuition fees for several Malaysian universities to pursue an MBA:

MBA in Malaysia: Tuition Fee

University Total Tuition Fees (MYR) Fees for Indian students (INR)
Universiti Malaya (UM) 52,700 9,83,626
Universiti Kebangsaan Malaysia (UKM) 41,160 7,68,236
Universiti Utara Malaysia (UUM) 38,820 7,24,561
Universiti Teknologi Petronas 45,700 8,52,973
Universiti Putra Malaysia 32,940 6,14,813
Universiti Malaysia Pahang 26,590 4,96,292
Universiti Kuala Lumpur 27,000 5,03,945
Nottingham University 68,365 12,86,646
Asia School of Business 150,000 28,00,695

Cost of living in Malaysia

The following table shows the average annual expense for the various types of expenses and cost of living in Malaysia:

Expense Type Average Annual Expense (MYR) Cost for Indian students (INR)
Accommodation 6,000 1,11,987
Meals 9,000 1,67,981
Transportation 1,800 33,596
Health insurance 500 9,332
Personal expenses 2,400 44,795
Total 19,700 3,67,693

MBA in Malaysia: Scholarships

With tuition expenses and other expenses considerably high for Indian students, various scholarships are available for students in the form of financial coverage and other expense coverage. The following table shows the list of popular scholarships in Malaysia for international students and their details:

Scholarship Eligibility criteria Award Value
Malaysian International Scholarship (MIS) Must have CGPA/GPA above 3.0. Intend to pursue a full-time MBA in a Malaysian institution 1,500 MYR (INR 28,000) per month
Asia School of Business MBA scholarship A completed application An essay of 500 words Outstanding accomplishments in academics Full coverage of tuition fees and living expenses
INCEIF MBA President’s Scholarship Outstanding academic performance with CGPA above 3.0 Must be admitted for full-time MBA Full coverage of tuition fees
KPMG Scholarship Bachelor’s degree with a minimum CGPA of 3.5 Financial coverage worth 12,000 MYR (INR 2,24,106) annually

MBA in Malaysia: Jobs and Placement Opportunities

After successful completion of an MBA in Malaysia, graduates can expect placements with salaries up to 80,000 MYR (INR 14,93,170) annually for top managerial positions. The following table shows the average monthly salary that graduates can expect for different positions:

MBA in Malaysia: Jobs and Placement Opportunities

Job Roles Average Monthly Salary (MYR) Salary for Indian Student (INR)
General Manager 12,000 2,23,975
HR manager 9,800 1,82,913
Finance Manager 8,200 1,53,050
Senior Operations Manager 18,500 3,45,295
Marketing Manager 12,100 2,25,842
Financial analyst 24,000 4,47,951
Financial controller 11,300 210,910

Read More: Work in Malaysia

MBA in Malaysia: Return on Investment

Pursuing a MBA in Malaysia is a significant investment of time, effort, and money. Hence, before making the decision to enrol in MBA in Malaysia, many students weigh the potential return on investment (ROI) they will receive. Malaysia has emerged as one of the top destinations in Asia for pursuing an MBA degree due to its affordable tuition fees, multicultural society, and a thriving economy. In this section, we will explore the return on investment that students can expect from an MBA in Malaysia:

MBA in Malaysia: Return on Investment

University Total Tuition fee (MYR) Average Graduate Salary per year (MYR)
Universiti Malaya (UM) 52,700 97,000
Universiti Kebangsaan Malaysia (UKM) 41,160 108,000
Universiti Utara Malaysia (UUM) 38,820 97,000
Universiti Teknologi Petronas 45,700 92,000
Universiti Putra Malaysia 32,940 78,000
Universiti Malaysia Pahang 26,590 42,000
Universiti Kuala Lumpur 27,000 45,000
Nottingham University 68,365 90,000
Asia School of Business 150,000 134,871

MBA in Malaysia: Degree comparison in different countries

The following table shows the comparison of various parameters to obtain an MBA degree in Malaysia as well as the USA and UK:

Parameter Degree in Malaysia Degree in USA Degree in the UK
Duration 2-3 years 2 years 2 years
Average Tuition fees $18,000 (INR 14,89,356) $120,000 (INR 99,29,040) $63,792 (INR 52,95,488)
Cost of living $ 4,500 (INR 3,72,339) $ 18,000 (INR 14,89,356) $11,500 (INR 9,51,533)
English proficiency tests TOEFL paper-based: 550 above IELTS: 6.0 PTE (Academic): 50 above TOEFL paper-based: 600 above IELTS: 7.0 PTE (Academic): 67 above TOEFL-iBT: average score of 100 IELTS: 7.0 PTE (Academic): 70 above
Visa Student Pass Visa F-1 student visa Tier-4 study visa
Average Salary $ 12,000 (INR 9,92,904) $ 95,690 (INR 79,39,922) $ 45,900 (INR 37,97,857)

Malaysia is a great place to pursue a career in MBA, due to its low cost of living and high return on investment. With great global outreach and international credibility, an MBA from Malaysia helps students to excel in various fields in their careers. Applicants must make sure to check the specific requirements for MBA admission in the respective university/college and prepare everything accordingly. Scholarships are available to the students as well so make sure to prepare for financial assistance as early as possible.

FAQs

Ques. Is it worth pursuing an MBA in Malaysia?

Ans. Yes, it is definitely worth pursuing an MBA in Malaysia as it offers one of the best curriculums for students to excel in management and also offers a high return on investment for a low cost of living.

Ques.What visa is required to study MBA in Malaysia?

Ans. International students who wish to pursue an MBA in Malaysia must obtain a student visa, also known as a student pass, from the Education Malaysia Global Services.

Ques.How long does the MBA program in Malaysia last?

Ans. MBA programs in Malaysia typically last for about 11/2 to 21/2 years, depending on the mode of study chosen for the program.

Ques.How much is the cost of living in Malaysia to pursue an MBA?

Ans. The cost of living depends upon numerous factors such as location, financial aid, tuition fees, etc. However, the average cost of living ranges from 15,000 MYR to 25,000 MYR (2,80133 INR to 4,66,888 INR).

Ques.Which are some of the top universities offering MBAs?

Ans. Some of the top universities which offer MBAs are the University of Malaya, Universiti Kebangsaan Malaysia (UKM), Taylor’s University, Asia School of Business, Universiti Teknologi Malaysia (UTM), etc.

Ques.Are GMAT/GRE scores required for MBA admission in Malaysia?

Ans. GMAT/GRE scores are an optional requirement for some of the top universities in Malaysia. However, submission of these test scores will boost the selection chances of the applicant.

Ques.Is Malaysia English-friendly?

Ans. Yes, Malaysia is generally considered to be English-friendly. English is widely spoken and understood in Malaysia, especially in urban areas and among the younger generation.

Ques.What is the minimum requirement to pursue MBA in Malaysia?

Ans. Requirements for an MBA vary from university to university, however, the minimum requirements are: A bachelor’s degree from a recognized institution with a CGPA of 2.5, English language proficiency scores (TOEFL: 550, IELTS: 6.0), 2 years of professional work experience, GMAT/GRE scores, etc.

Ques.What is the annual salary an MBA graduate can expect from Malaysia?

Ans. An MBA graduate from Malaysia can expect an annual salary of 97,000 MYR (INR 18,11,039).

Ques. How much are the tuition fees for pursuing MBA in Malaysia?

Ans. Tuition fees to pursue an MBA in Malaysia range from about 20,000 MYR to 60,000 MYR (3,73,510 INR to 11,20,532 INR) annually.

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