Study Banking & Finance in Malaysia- Top Universities, Admission, Fees, Scholarships

A degree in Banking and Finance in Malaysia can be the ideal choice for you if you have a strong interest in the intersection of business, economics, and arithmetic. Finance and banking are two topics that are closely related. The field of banking and finance is broad and offers numerous room for expansion. Most professions in the banking and financial services industry typically ask for a bachelor's degree in banking and finance or a closely related discipline.

You will learn about a broad range of topics when pursuing a study in banking and finance in malaysia, including banking, financial decision-making, financial markets, accounting, and many others. You will have a thorough understanding of how the financial systems operate thanks to this vast range of topics.

Course Details- Banking & Finance in Malaysia

The Malaysia's Bachelor of Banking and Finance  (BBF) programme is designed to meet the needs of individuals who are interested in pursuing further education and a career in banking and finance. The curriculum being given will generate graduates who are knowledgeable and capable to carry out duties and obligations in the banking and finance industries. Malaysia seeks to generate high-caliber graduates who can progress the banking and finance sector through their analytic, inventive, and creative abilities. The BBF curriculum was created to give graduates access to a variety of conventional and Islamic banking and finance knowledge and abilities.

With the goal of equipping students with a broad knowledge and financial skills, this programme focuses on key areas in banking and finance, including financial management, corporate finance, international finance, risk management, investment analysis, and portfolio management, as well as Islamic finance, conventional banking, and Islamic banking. Students will enrol in basic compulsory courses such language, living skills, ethics, entrepreneurship, information technology, thinking skills, management, and communication in addition to the core courses that are required. The courses' goal is to provide BBF graduates with a variety of information and abilities that will help them in their careers, whether they choose to work in the public or private sectors.

Fees Structure of Studying Banking & Finance in Malaysia

According to level, naturally, these are the approximate costs of studying account and finance in Malaysia:

  • RM 9,000 to RM 36,500 for Foundation
  • RM 15,000 to RM 45,000 for a Diploma
  • RM 6,500 to RM 150,000 for a Bachelor's degree
  • 8,000 to 50,000 RM for Master's degrees

Living expenses in Malaysia

The following is an estimated amount needed to cover living expenses in Malaysia:

Type of Expenditure Cost (in MYR, per month)
Accommodation and utilities 500 to 800
borod and supplies 400 to 500
Phone and internet 35 to 60
Personal Expenses depends
Travel costs 100 to 300
Books and Supplies 200

Eligibility Requirement for Banking and Finance in Malaysia

Foundation: 5 credits in the relevant courses, which must include English, Additional Mathematics, and Mathematics, in the SPM or an equivalent

Diploma: Obtained a certificate or similar in a related subject, or passed the SPM or equivalent with at least 3 credits, including English and mathematics.

Bachelors degree: Passed STPM or equivalent with a least CGPA of 2.0, with credit in mathematics and English at the SPM level, or with a foundational degree or diploma in a closely comparable field (usually with a CGPA of 2.0 and above)

Master’s degree: Bachelor's degree (with honours) or an equivalent qualification in the relevant discipline

Requirements for Admission for Banking & Finance in Malaysia

  • Official transcripts of the 10th and 12th grades, translated into English, in scanned form
  • IELTS or TOEFL scores for English competence
  • Candidates that are chosen must show up for a personal interview.
  • Medical Health Document
  • If the student is under 18, a letter of consent from parents is required.
  • A maturity test is required of the pupil
  • Your application's Statement of Purpose
  • Letters of recommendation

Student Visa for Malaysian Universities Requirements

Any foreign student seeking to enrol in any course in Malaysia must have a current student visa in order to do so.

The steps for applying for a student visa are described as follows:

How to use: A university can assist with the application for a student visa to study in Malaysia.
Visa and application fees: Varies between universities
Total time required to obtain a student visa: 45 to 60 days

The following papers are needed to apply for a student visa in Malaysia

  • Completed and signed application form
  • Scanned copies of all passport pages
  • University letter of acceptance
  • Results of English language tests like the IELTS or TOEFL
  • Health declaration form for all students from abroad
  • Picture in passport size with a background
  • A one-year passport's validity is required.
  • All educational institutions in Malaysia are required by the immigration authority to sign a personal bond on the candidate's behalf for a set amount. Then, students must deposit a certain sum for this purpose.
  • A Malaysian student visa does not require a visa interview.

Banking & Finance Scholarship in Malaysia

Malaysia is being economical/affordable study abroad destination in Asia, Malaysian universities do not offer a scholarship for international students. However, some universities do offer some discounts on tuition fees in Malaysia.

Why Study Banking & Finance in Malaysia?

According to a global salary survey, the banking industry is experiencing good trends, with a rise in demand for wealth management specialists, particularly for applicants with experience in managing products and sales.

Here are some of the top reasons to pursue a degree in banking despite the abundance of degree options available:

  • Possibilities for professional training and development: Working for reputable banks and financial institutions will provide you the chance to take advantage of the correct guidance and training opportunities that have proven to help the company grow into what it is today.
  • Pay and benefits: Banks offer competitive salaries as well as additional benefits including health care, insurance, food, travel, and gym membership.
  • Long-term career goals: Having experience working for banks will improve your resume, enabling you to land jobs with prestigious organisations in the future.

Opportunities after Banking & Finance from Malaysia

  • Bank Managers
  • Financial Analysts
  • Portfolio Managers
  • Financial Planners
  • Investment Bankers
  • Stock Brokers
  • Credit Managers


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