In April 2015, MIT Sloan announced a partnership with Bank Negara Malaysia, the nation’s central bank, to establish the Asia School of Business (ASB) in Kuala Lumpur. This entrepreneurial program provides MIT and Bank Negara an opportunity to develop the next generation of leaders in the rapidly growing Southeast Asian region and strengthen educational exchanges between Malaysia and the United States. ASB offers a full-time, 20-month MBA program based on the rigor of MIT Sloan's curriculum and focused on Asia's dynamic business environment. MIT Sloan and ASB faculty teach in the program, and students take classes in both Kuala Lumpur and in Boston. The ASB curriculum is unique in its use of action learning as the core part of the educational process – it comprises roughly a third of the curriculum. The inaugural class of ASB students earned their MBA degrees in March 2018. The 45 graduates are from Malaysia, the United States and many other parts of the world. ASB targets extraordinary and unconventional candidates and has a special admissions track for those with non-traditional backgrounds.
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