Best Accounting Universities/Colleges in Malaysia
The best way to acquire knowledge is to study accounting in Malaysia because Malaysia is one of the rapidly growing countries. The country has highly qualified and experienced lecturers and all the teaching systems are modern and well-equipped. On the other hand, accounting is regarded as the language of the business sector. Every organization, regardless of size, has a dedicated accounting department to manage all financial dealings. Students will be able to communicate effectively by learning and understanding accounting. In this article, we will be exploring the best accounting universities and colleges available in Malaysia. Overview of Malaysia’s higher education system Malaysia’s higher education system is considered one of the best in Southeast Asia and is highly regarded for its quality, affordability, and diverse culture. There are divisions in the Malaysian higher education system. They are: Public Universities The public universities are the ones funded by the state. Those universities are tuition-free for Malaysian citizens and have minimal tuition fees for other students. Private Universities The private universities are the one which has a wide range of undergraduate and postgraduate programs. Generally, private universities are not funded by the government and charge higher tuition fees. Foreign university branch campuses Malaysia is home to branch campuses of foreign universities that are connected to institutions abroad. Polytechnic Colleges Polytechnic colleges offer diploma and certificate programs in technical and vocational fields in Malaysia. Community Colleges Community colleges in Malaysia offer certificate and diploma programs except for engineering and technical fields. The community colleges include business, healthcare, and education. Role of Universities in Shaping accounting Professionals Education providers play a vital role in shaping accounting professionals in the world. They provide students with the necessary knowledge, skills, and values need to become a successful accounting professional. The main roles that universities provide in shaping accounting professionals are- Providing a strong foundation in accounting principles Enhancing the capacity for critical thought and problem-solving Providing opportunities for practical experience Connecting students with the accounting profession Teaching soft skills Accounting Universities in Malaysia University Name University Rankings Offered Accounting Program Tuition Fees (Yearly) Intakes Duration International Islamic University Malaysia (IIUM) 651-700 Bachelor of Accounting Master of Science (M.Sc.) in Accounting Doctor of Philosophy in Accounting $6,000 to $12,000 $7,500 to $15,000 $10,000 to $20,000 September, February September, February September 3-year 2-year 3-year Universiti Malaya (UM) 70 Bachelor of Accounting (BAcc) Master of Accounting (MAcc) (Coursework & Research) Doctor of Philosophy in Accounting (PhD) $14,000 $9,000 $9,000 September, February October, March August 3-year 2-year 3-year Universiti Teknologi MARA (UiTM) 651-700 Bachelor of Accounting (Hons.) Master of Accounting (MAcc) Master of Business Administration (MBA) in Accounting Doctor of Philosophy (Ph D) in Accounting $5,500 $5,500 to $8,000 $5,500 to $8,000 $6,000 March, September March, September March, September 3-year 2-year 3-year Universiti Kebangsaan Malaysia (UKM) =129 Bachelor of Accounting Executive Bachelor of Accounting Master of Accounting Doctor of Philosophy in Accounting $3,847 $5,300 $6,663 June, October February, August October, April 4-year 2-year 3-year Universiti Putra Malaysia (UPM) 123 Bachelor of Accounting (Honours) Bachelor of Accounting (Honours) with External Studies Master of AccountingDoctor of Philosophy in Accounting $6,500 $8,500 $8,600 March, July, November January, September January, September 4-year 2-year 3-year Monash University Malaysia 57(Main Monash University Melbourne, Australia) Bachelor of Accounting Master of Accounting Master of Professional Accounting $9,900 $12,500 February, July, October February, July 3-year 1-year Taylor’s University =284 Bachelor of Accounting (Honours) $29,358 January, March, September 3-year Sunway University 601-650 Bachelor of Science (Hons) in Accounting and Finance $23,500 January, April, August 3-year International Islamic University Malaysia (IIUM) Location in MalaysiaGombak, Selangor Entry Requirements Completion of O-Level and A-Level with at least 5 credits, including Mathematics, English, and Accounting passes. IELTS a minimum of 5 or MUET Band 3 or equivalent. University Interview. For the Master’s program, you have to earn Bachelor’s degree in Accounting or a related field from a recognized university with a minimum CGPA of 2.75. GMAT or GRE scores (If available) Two letters of recommendation from workplace and educational institutions for Master’s programs. Statement of purpose. Scholarship IIUM Excellence Scholarship IIUM Merit Scholarship IIUM Sports Scholarship IIUM Need-Based Scholarship IIUM Alumni Scholarship Universiti Malaya (UM) Location in MalaysiaKuala Lumpur Entry Requirements Completion of O-Level and A-Level with at least 5 credits, including a minimum of 2Bs and 2Cs in Mathematics, English, and Accounting. IELTS a minimum of 5 or MUET Band 3 or equivalent. University Interview. For the Master’s program, you have to earn Bachelor’s degree in Accounting or a related field from a recognised university with a minimum CGPA of 2.75. GMAT or GRE scores (If available) Two letters of recommendation from workplace and educational institutions for Master’s programs. Statement of purpose. Scholarship Maybank Group Scholarship Malaysian Accountancy Graduates Society Scholarship Universiti Malaya Accountancy Alumni Association Scholarship Malaysian Institute of Accountants Scholarship Bank Negara Malaysia Scholarship Universiti Teknologi MARA (UiTM) Location in MalaysiaShah Alam, Selangor Entry Requirements Completion of O-Level and A-Level with at least 5 credits, including a minimum of 2Bs and 2Cs in Mathematics, English, and Accounting. IELTS a minimum of 5 or MUET Band 3 or equivalent. University Interview. For the Master’s program, you have to earn Bachelor’s degree in Accounting or a related field from a recognized university with a minimum CGPA of 2.75. GMAT or GRE scores (If available) Two letters of recommendation from workplace and educational institutions for Master’s programs. Statement of purpose. Scholarship UiTM Endowment Scholarship Majlis Amanah Rakyat (MARA) Scholarship Yayasan Bank Rakyat Scholarship Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) Loan Maybank Education Loan Universiti Kebangsaan Malaysia (UKM) Location in MalaysiaBangi, Selangor Entry Requirements Completion of 12 years of primary and secondary education. Must have earned at least Grade B in the following subjects: Economics, Accounting, Business Studies, Business Management, Mathematics, or Mathematics with Calculus.