Accounting and Finance Courses in Malaysia

All you need to know about Accounting & Finance studies, which is keeping track of financial accounts which also involves the cash flow and handling money matters.

Determine the financial stability of a company is a very important part. Accounting & Finance goes hand to hand globally, as the process of keeping a record of the finances and cash inflows within the company are done everywhere. 

It is the two main factors of the business world. Without the right functioning of these two departments, a company can surely go bankrupt. Even though modern technology is hitting the market, Accountants and Financial Managers are still very much needed in every company. 

Below you will read more about studying Finance in Malaysia as well as you will find more benefits of being a student in Malaysia for Accounts/Finance.

What are the accounting and finance Course in malaysia?

Accounting and Finance generally handle the very important aspect of any business which is MONEY ! An Accountant and Finance Managers are the ones who make all the decisions depending on their analysis and advice hence they play the most important part in an organisation. 

Below you will find some questionnaires which will clear your doubts of Studying Accounting and Finance in Malaysia. Though one should remember that the duration , the entry requirement and Tuition fee of Studying Accounting and Finance in Malaysia may differ from University to University.

What is the duration of accounting and finance studies in Malaysia

The duration per level of study for accounting and finance in Malaysia is as follows: 

• Foundation – 1 year
• Diploma – 2 years
• ACCA - depends on your speed, 14 papers in total
• Bachelor’s degree – 3 to 4 years
• Master’s degree – 1 to 2 years

What are the entry requirements?

The Entry requirements given below are typically what you need to qualify for studying the Accounts & Finance course in Malaysia.

• Foundation: 5 credits in required subjects including Mathematics, Additional Mathematics and English in SPM or equivalent
• Diploma:
  • Passed SPM or equivalent with minimum 3 credits including English and Mathematics, or
  • Certificate or equivalent in relevant field
• Bachelor’s degree
  • Credit in Mathematics and passed English at SPM level, and
  • Passed STPM or equivalent with minimum CGPA of 2.0, or
  • Foundation or Diploma in a related field (usually with a CGPA of 2.0 and above)
• Master’s degree: Bachelor’s degree (with honours) or equivalent in relevant field

How much does it cost to study accounting and finance course in  Malaysia?

The Tuition fees given below is for both Public and Private University in Malaysia for Accounts and Finance. Do remember that Public Universities are cheaper than Private Universities in Malaysia, that is why the price range might have a vast difference. As a general estimate, the cost of studying Account and Finance in Malaysia as per the level, of course, are as follows:

• Foundation – RM 9,000 to RM 36,500
• Diploma – RM 15,000 to RM 45,000
• Bachelor’s degree – RM 6,500 to RM 150,000
• Master’s degree – RM 8,000 to RM 50,000

What are the career options?

After Studying Account and Finance in Malaysia, you do not have to worry about the job opportunity as you will have plenty to follow and many will follow you too. As said above the role of an Accountant or a Finance Manager is a crucial part of an organisation, so the recruiters hunt for the best one within the Universities.

The jobs related to your field are as below:

• Chartered accountant
• Chartered certified accountant
• Chartered management accountant
• Chartered public finance accountant
• Company secretary
• External auditor
• Forensic accountant
• Stockbroker

Jobs where your degree would be useful include:

• Actuary
• Arbitrator
• Business development manager
• Data analyst
• Economist
• Licensed conveyancer
• Management consultant
• Mortgage adviser
• Procurement manager
• Retail banker
• Tax adviser

This table below will show you some of your potential future careers pay out and how much you will earn for each of them: