Perhaps one of the best ways to enhance your prospects of finding a suitable job in an organization is to study finance in Malaysia, and with the right choice of degree and college you will be able to get a job related to this thriving field.

However, a learning environment that challenges you with the very best in terms of infrastructure, teaching staff, placements, and other factors related to industrial exposure is necessary. The best place to find such dedicated universities is Malaysia.

Finance is the backbone of every organization and a major managerial function. It deals with handling of accounts, balance sheets, trading accounts, bank accounts and other financial instruments.  If you are considering finance and accounts as your career option, you should definitely study finance in Malaysia.

This is because the country is known for its rapidly improving quality of education, safety for international students, culturally accepting people, and no language barriers. Rest assured, the moment you land in Malaysia, you will surely feel like home.

 

Why should you study finance in Malaysia?

Besides being a culturally accommodating country, Malaysia also houses some of the best and internationally acclaimed universities that are specialized in finance and accounts. Moreover, as a student in a Malaysian University you:

  • Spend less on quality education
  • Earn an internally recognized degree in finance and related subjects

Furthermore, with many universities and colleges in Malaysia topping lists such as the QS World University Rankings and the Times Higher Education (THE) World University Rankings, the country is receiving tremendous fame for its quality infrastructure and incredible teaching facilities across international frontiers. This is one of the many reason that more foreign students are choosing Malaysia as their ideal study destination.

 

Types of courses offered in Finance in Malaysia

If you are opting to study finance in Malaysia, some of the major courses you will come across are:

  • Accounting

Accounting is often considered to be one of the most preferred college majors in finance. Students are required to undertake thorough courses and training in a number of different subjects. Furthermore, the core coursework required in accounting can be intimidating and often takes much research, preparation, and studying. If you are keen on to study accounting and finance in Malaysia, you are required to take courses on Business Mathematics, Statistics, Economics, Costing and, of course, Accounting.

  • Banking

Banking is an integral part of all finance courses. Be it a postgraduate degree or undergraduate degree in finance, banking is simply inevitable. Students selecting degrees in accounting, finance, and other related fields are most likely required to take courses in banking. Some of the concepts taught in banking courses include –

  • Auditing
  • Analyzing national and international monetary institutions
  • Analyzing FOREX
  • Investment
  • Commercial and consumer lending
  • eCommerce
  • Bank Statements
  • Analysis of financial statements

 

  • Islamic Finance

Apart from mainstream finance-related courses, Malaysia is also known to offer courses in Islamic finance. There are plenty of universities and colleges that offer courses to study Islamic finance in Malaysia.

Islamic Finance or Islamic banking is accounting, banking or trade that is conducted as per the rules of Sharia – the Islamic code of conduct. The most common modes of Islamic finance include – Wadiah, Ijara, Mudarabah, Murabahah, and Musharaka. In addition to these concepts, the course also familiarizes students about the way in which the beloved Prophet Mohammed (PBUH) and his companions (Radiallahu Anhu) conducted trade and business.

Studying Islamic finance in Malaysia opens doorways for international Muslim students to practice the faith more fervently as well as protect old Islamic traditions from dying away. Students who are qualified in Islamic finance have great scope to find jobs in the Middle East, Gulf and Africa.

  • Financial Management

As a student of financial management in Malaysia, you will be primarily focusing on learning financial analysis, shares and debentures, taxation, cost accounting, quantitative methods, risk management, insurance, controller, business law, and trading and bills of exchange. Usually, financial management is a part of MBA but many colleges and universities in Malaysia offer postgraduate and undergraduate degree in finance alone.

 

Few best universities to study finance in Malaysia

Given below is the list of colleges/universities offering courses in finance in Malaysia:

University Courses Duration Eligibility English Requirement Tuition Fee Per Year (RM) Tuition Fee

Total (RM)

Intake

 

 

 

 

 

 

 

 

 

 

Universiti Malaya

 

Bachelor of accounting

 

 

 

 

 

Bachelor of Finance

 

 

 

 

Master of Accounting

3 ½ years

 

 

 

 

 

 

3 ½ years

 

 

 

 

 

2 years

–  CGPA of 3.0 or

Certificate level or equivalent from a recognized university or board.

 

–  CGPA of 3.0 or

Certificate level or equivalent from a recognized university or board.

– Bachelors degree in accounting or related to accounting with minimum CGPA of 3.0

 

 

-IELTS minimum Band  of 6.0

-TOEFL 550

 

 

 

-IELTS minimum Band  of 6.0

-TOEFL 550

 

 

-IELTS minimum Band  of 6.0

-TOEFL 550

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September, February

 

 

 

 

 

 

 

 

 

 

 

 

Universiti Putra Malaysia

Bachelor of Accountancy

 

 

 

 

 

 

Master of Management – Accounting

 

 

 

 

 

Master of Management – Finance

3 ½ years

 

 

 

 

 

 

 

2 years

 

 

 

 

 

 

 

2 years

– CGPA of 3.0 or

Certificate level or equivalent from a recognized university or board.

 

 

– CGPA of 2.74 out of 4 or

Certificate level or equivalent from a recognized university or board

 

CGPA of 2.74 out of 4 or

Certificate level or equivalent from a recognized university or board

 

-IELTS minimum Band  of  4.0

-TOEFL – score of 550

– MUET – Band 4

 

-IELTS minimum Band  of 6

-TOEFL – score of 550

– MUET – Band 4

 

-IELTS minimum Band  of 6

-TOEFL – score of 550

– MUET – Band 4

 

 

 

 

 

 

 

 

 

 

 

 

September, February

 

 

 

 

 

 

 

 

 

University of Nottingham – Malaysia

BSc Hons in Finance, Accounting and Management

 

 

 

MSc Finance and Investment

 

 

 

MSc Professional Accountancy

 

3 years

 

 

 

 

 

 

 

1 year

 

 

 

 

 

1 year or 2-4 year part-time

– CGPA of 3.33, BBB in A Levels or

Certificate level or equivalent from a recognized university or board.

 

An upper second class honours degree (or international equivalent)

 

An upper second class honours degree (or international equivalent)

 

-IELTS minimum Band  of 6.5

-MUET – Band 4

 

 

 

-IELTS minimum Band  of 6.5

-MUET – Band 4

 

-IELTS minimum Band  of 6.5

-MUET – Band 4

RM 45,000

 

 

 

 

 

 

 

RM 55,200

 

 

 

 

 

 

 

RM 58,300

 

 

 

 

 

 

 

 

 

February, September

 

 

 

 

 

 

 

Taylor’s University Malaysia

BA Accounts and Finance (Hons)

 

 

 

 

 

Bachelor of Business Banking and Finance (Hons)

 

 

 

 

Master in Finance

 

 

 

 

3 years

 

 

 

 

 

 

 

3 years

 

 

 

 

 

 

1 Year / 1.5 years part-time

– CGPA of 2.50 or 2.0

Certificate level or equivalent from a recognized university or board.

 

– CGPA of 2.50 or 2.0

Certificate level or equivalent from a recognized university or board.

A Bachelor’s degree in related field with a minimum CGPA 2.75

 

-IELTS minimum Band  of 5.0

– MUET score of 2

 

 

 

-IELTS minimum Band  of 5.0

– MUET score of 2

 

 

-IELTS minimum Band  of 6.5

– MUET score of 3, 5

 

USD$ 33,391

 

 

 

 

 

 

USD$ 33,257

 

 

 

 

 

USD$

16,491

 

 

 

 

 

 

 

August, March, February, May, July, October

 

 

 

 

University of Kuala Lumpur

Bachelor in Accounting (Hons)

 

 

 

 

 

 

Bachelor of Business Administration in Islamic Finance

4 years

 

 

 

 

 

 

 

 

 

3 years

– CGPA of 2.5

Certificate level or equivalent from a recognized university or board.

 

 

 

 

– CGPA of 2

Certificate level or equivalent from a recognized university or board.

 

 

-IELTS minimum Band  of 6.0

-TOEFL – score of 550

 

 

 

 

 

-IELTS minimum Band  of 5.0

-TOEFL – score of 550

 

 

 

 

 

 

January, July, September

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CITY University

Master of Accounting Full-time: 1 – 4 years Part-time: 2 – 5 years -A Bachelor’s degree (Level 6 MQF) in accounting or academic field that does with a minimum CGPA 2.50 but below CGPA 2.75, subject to an internal assessment, OR

 

-A professional accounting qualification equivalent to a Bachelor’s degree (Level 6 MQF) received by the Senate, OR

 

-Other qualifications equivalent to a Bachelor’s degree (Level 6 MQF) with a minimum CGPA of 2.75 as received by the senate, OR

 

 

-Bachelor’s degree (Level 6 MQF) in accounting or related fields with CGPA below 2.50 is acceptable subject to a minimum of five years of working experience in the relevant field.

 

-IELTS score 5.5 or equivalent.

– TOEFL 550 score or

 

 

Swinburne University

 

Professional Accounting

 

– High school certificate

 

 

– IELTS: 5.5

 

 

March, July, September

 

 

 

 

APU

Diploma in Accounting

 

 

PhD in Finance

2 years

 

 

 

3 years

– High school certificate

 

 

-Bachelor’s degree 2.5

-High school certificate

-Master’s Degree

 

– IELTS: 5.5

 

 

 

– IELTS: 6.5

 

 

 

 

 

April, May, September

 

 

 

 

 

Career options in Finance in Malaysia

Once you complete your graduation and post-graduation in finance, accounting, banking or Islamic finance, you stand a fair chance of finding post-study job opportunities across the globe. As mentioned earlier, accounting and finance are the backbone of any organization; hence recruiters are always on the lookout for potential finance candidates or finance freshers who are eligible to handle varied roles and responsibilities in the finance department.

Some of the jobs that you might land after completing your studies are:

  • Accountant
  • Auditor
  • Banking Manager
  • Financial Controller
  • Finance Executive
  • International Banker
  • Actuary
  • Bookkeeper
  • Budget analyst
  • Credit controller
  • Financial consultant
  • Financial examiner
  • Forensic accountant

If you have plans to study finance in Malaysia, you can seek help from our credible counselors or visit our website to get more information. Our executives will guide you through the admission procedure and make sure you find the right course matching your preferences

We can help you find good universities where you can study banking and finance in Malaysia or any other course related to finance. All the best!

 

Study2malaysia.com also known as Malaysian Universities information center (MUIC) was set up with the sole intention of providing valuable information to those students and aspirants who want to pursue their higher education in Malaysia. We are one of the leading and specialized teams who have been associated with assisting students from across the world to move to Malaysia for higher education for more than a decade now. We have, till now, successfully sent around 5000 students (including medical students) to Malaysia, most of who are now successfully placed in different professional careers.