Overview

Pursuing the best MBA in Malaysia would be one of the right choices if a student aims for the quality education but on budget. Malaysia boasts globally recognized MBA programs accredited from such well-known institutions like Universiti Malaya, Universiti Kebangsaan Malaysia, and Taylor's University, for example. These would arm a student with modern-day advanced business and management capabilities for better competitiveness at work internationally.

The cost of an MBA in Malaysia is usually dependent on the institution and the program. The most affordable MBA course in Malaysia that will provide the lowest-cost MBA course for a working professional is $3,000 per year. It is the cheapest online MBA Malaysia offers flexible learning to the working professional. Compared with the equivalent courses in Western countries, it offers great value. This makes it very attractive for international students.

Students from India, China, Pakistan, and Nigeria have started choosing Malaysia as it offers low-priced MBA course fees in Malaysia, diverse culture, and international acceptance. The top universities in the country promote a multicultural learning environment that offers opportunities for networking across borders.

The graduates of MBA in Malaysia get a quite competitive salary, and the entry-level will vary between $15,000 and $30,000 according to the industry type. World-class facilities with expert faculty and cost-effective education pave the way for an MBA from Malaysia to lead towards career advancement and a gateway to global success.

Why Pursue an MBA Course in Malaysia?

Malaysia has emerged as one of the ideal destinations for students looking for the best MBA in Malaysia, with affordability along with academic excellence and also diversity in culture. Universitii Malaya (Kuala Lumpur), Universiti Kebangsaan Malaysia (Selangor) and Taylor's University situated in Subang Jaya provide an MBA program which is globally accepted. These universities are popular because of the state-of-the-art facilities they provide, good faculty and industry-oriented curriculum to help students learn the practical and theoretical aspects of it.

One of the best advantages to undertaking an MBA in Malaysia is that the fee for the course is relatively lower as compared to the Western nations. The cheapest MBA course at Malaysia begins from over $3,000 annually, which makes it very accessible to a much greater number of students. Since most students want flexibility in a course, online options are numerous, and some represent the cheapest online MBA in Malaysia.

Most universities require proof of English proficiency, whether IELTS or TOEFL scores. In this manner, international students can easily fit into the programs.

The multicultural environment of Malaysia and the strategic location in Asia make networking opportunities excellent and prepare graduates for leadership roles in the world. Low MBA course fees in Malaysia, along with globally competitive programs, mean that studying an MBA in Malaysia is a smart investment for your future career.

Why Choose an MBA Course in Malaysia?

International standard education, affordability, and multicultural environment make Malaysia the preferred destination for students searching for the best MBA in Malaysia. Among the many popular universities, the universities in Kuala Lumpur, Bangi, and Subang Jaya provide international standard MBA courses: Universiti Malaya, Universiti Kebangsaan Malaysia, and Taylor's University, respectively. These kinds of colleges provide all kinds of facilities and well-experienced faculties to meet the quality of education based on the requirements of the global business market.

One of the primary reasons for pursuing an MBA in Malaysia is that it is very affordable. The mba in Malaysia fees are far cheaper compared to those of Western countries, with the cheapest MBA course in Malaysia beginning at $3,000 per year. This makes Malaysia an excellent choice for students looking for cost-effective yet quality education. The mba course fees in Malaysia vary according to institution and program, which makes it flexible enough to cater to different financial plans.

Most MBA programs are taught in English, and universities there require applicants to meet some minimum standards of English proficiency scores, such as IELTS or TOEFL. Thus, Malaysia, being one of the easily accessible destinations for international learners, is perfect for them.

An MBA in Malaysia provides not only global business insights but also a potentially wide networking avenue and an affordable pathway to career success.

MBA Tuition Fees in Malaysia

• Public university: RM 18,000 – RM 35,000
• Private university: RM 26,000 – RM 80,000

Studying MBA in Malaysia is a great choice for those who seek to achieve a degree within a low cost and economical prices for food, clothing and housing. MBA fees in Malaysia is between 48,924 RM and 72,888 RM approx. which is much more inexpensive than other foreign destinations.

The fee structure may vary depending on the universities, type of institutions and different kinds of courses offered. The curriculum or reputation of the program also influences the fees of the MBA. There will be additional charges to access institution facilities and course materials.

Browse through the website and find out the best institution and MBA courses available in Malaysia that best fits for your skills and requirements. It is your choice to select an ideal option to exceed in your career. The exact tuition fees will also be mentioned for each university.

There are also branches of numerous high-ranking foreign universities in Malaysia. These institutions are a great opportunity for students who are keen on getting an MBA degree from an advanced nation like the UK, US that can be achieved in studying within campuses in Malaysia universities.

Earn your foreign degree with the same esteem, at a lower cost! Just how much is the difference in costs?

* The tuition fees in the table above are for the entire duration of the course.

Cost of living in Malaysia for a MBA Student

The total monthly expense for international students in Malaysia would be around RM1500. Here’s a summary of the average monthly expenses in Malaysia. A single living student would spend:

The total monthly expense in Malaysia would be somewhere between RM3000 and RM4000.

MBA in Malaysia for Indian Students Fee Structure

MBA fees in Malaysia can be between 48,924 RM and 72,888 RM approx which is much cheaper than other foreign institutions.

Top MBA Universities in Malaysia for International Students

Pursuing an MBA in Malaysia can prove to be the most rewarding experience due to a vibrant business environment coupled with a rapidly growing economy. popular for providing some of the best MBA programs in Malaysia, the nation offers students an opportunity to hone their business management and leadership skills that are crucial to professional development.

An MBA in Malaysia is designed to arm students with the necessary tools and insights to be successful in all areas of business management. Whether you are a professional looking to advance your career, an entrepreneur planning to start or manage your travel, or an individual looking to transition into a new industry, pursuing an MBA Malaysia offers the perfect platform to hone your business acumen.

The syllabus of an MBA in Malaysia covers various topics such as marketing, finance, human resources, operations, entrepreneurship, and strategy. These programs give a balanced foundation that enables students to master essential management skills and lead business operations successfully.

For those who care about expenses, there are several ways to get the cheapest MBA course in Malaysia and even the cheapest online MBA Malaysia. Quality education is now accessible to a larger audience, and understanding the MBA in Malaysia fees is important because they vary for each program and institution. A few of the cheapest MBA courses in Malaysia still offer good value with no compromise on quality education.

Ultimately, an MBA in Malaysia is best suited for professionals who want to advance their careers, entrepreneurs who want to expand their businesses, and individuals interested in new industries or improving their business acumen. With a wide variety of affordable and high-end programs, Malaysia remains a destination for aspiring business leaders.

Source: QS Ranking 2025

Program Specializations of MBA education based on career aspirations and industry needs that individuals can pursue.

Full-Time MBA: This MBA is for talented individuals seeking a transformative business learning experience. Duration is two years and offers a wide range of core and elective courses.

1. Part-Time MBA: Designed for working professionals, which lets students balance their studies along with their job commitments. It offers flexibility in terms of class schedules and duration.
2. Online MBA: The best choice to access the convenience of remote learning. The course materials and lectures shall be accessed via online. This will be a flexible option for those who need to balance work, family and other responsibilities.
3. Executive MBA (EMBA): A postgraduate management program for professionals working in dignified positions to enhance strategic thinking and leadership skills. The curriculum covers concepts of general management and addressing business functions.
4. Dual Degree MBA: A dual MBA is a fast-track program for completing two master's programs at a time.  This allows students to pursue an MBA alongside another graduate degree, such as a Master's in Finance or Public Policy.
5. Specialized MBA: This is a specialized MBA program that focuses on specific areas of business like Healthcare Management, International Business, and Technology Management for individuals seeking proficiency in a particular sector.
6. Global MBA: A Global MBA emphasises greatly on global business environments and international management strategies. It helps students to achieve a strong impact on cross-cultural management, international markets and global strategy.
7. Joint MBA: Combined programs offered by several universities in Malaysia, where students can gain insights from diverse academic institutions and faculty.
8. Mini MBA: A top option for experienced professionals seeking to enhance specific business skills. It is shorter and focused program for professional development.
9. Accelerated MBA: Intensive programs that summarize the curriculum into a shorter duration and allows students to earn their degree faster. It helps to grow your business knowledge rapidly with intensive training.
10. Entrepreneurship MBA: Basically for those who need to start and run their own businesses. It is a pathway that focuses you to build entrepreneurial and leadership skills to develop a successful business.
11. MBA for Career Switchers: Mainly designed for individuals looking for a transformation to a new industry or function, this program provides the basic skills and knowledge desired for a successful career alteration.

Top MBA Courses in Malaysia for International Students

• Banking & Finance
• Corporate
• Entrepreneurship
• General Management
• Healthcare Management
• Hospital Management
• Human Resource Management
• International Business
• Management
• Marketing
• Master Of Business Administration
• Open Distance Learning
• Project Management

Career Opportunities after MBA from Malaysia

Malaysia represents a country of opportunities. It is a newly industrialized nation having great infrastructure, prospect sectors and advanced technology. Being an advanced country Malaysia have great renovations in various fields such as online information services, telecommunications, e-commerce, telemedicine, digital broadcasting and many more. The government has been focusing to implement on Research, Development and Commercialization.

The economy of Malaysia is counted as the third-largest in Southeast Asia and the 28th-largest in the world. It has become one of the world's topmost venture destinations for offshore manufacturing. The banking and financial sectors also have the largest presence in the country.

Plenty of opportunities are available for an MBA degrees in Malaysia and anywhere in Asia due to the massive economic growth, especially in Singapore, Malaysia, and Thailand. The Malaysian government has newly launched a series of schemes to make Malaysia a global powerhouse. The level of competition for jobs is known to be hard in Malaysia. A student pursuing an MBA abroad from Malaysia generally aims to venture anywhere in Asia.

Classes for MBA in Malaysia generally starts in September of every year. Admission portals are open throughout the year and admissions are done on a rolling basis.

MBA Scholarship in Malaysia for International Students

International students have access to various scholarships in Malaysia for MBA Degree, and financial assistance provided by the universities in Malaysia and other organizations/bodies. Here is the list of scholarships in Malaysia awarded by the Government, Universities, and various other bodies.

Eligibility Requirement for admission to MBA in Malaysia

• A Bachelor’s degree from a recognized university with a CGPA of 2.50, preferably with adequate industry experience; those with a CGPA of less than 2.50 but with 5 years relevant working experience are also admissible.
• Non-degree holders (Malaysian) with at least a Diploma or STPM may obtain MQA Accreditation of Prior Experiential Learning (APEL) approval for programme admission.
• International applicants are required to fulfil a minimum score of 6.0 for the International English Language Testing System (IELTS) or the equivalent.
• IELTS minimum Band 6.0
• TOEFL  (Internet-based) minimum 60
• Cambridge English Qualification and Test minimum score of 169
• Pearson Test of English minimum score 59
• MUET minimum Band 4

Under the Ministry of Higher Education regulations, admissions are offered for only those who have achieved the minimum requirement in the English Language proficiency assessment as specified above will be allowed to endure their studies in the main study programme.

Students who do not have the required English Language achievement must apply for a student visa on a conditional basis. They are allowed to enroll in an English Language Certification programme at APU upon arrival in Malaysia and, subsequently, need to appear for the IELTS/TOEFL/PTE/MUET assessment.
Students who are unable to obtain the required level of English Competency during the maximum 12-month period, will not be allowed to pursue their studies in the main programme and will have to return to their home country.

Students who are not able to attain the required English Competency level during the maximum period of 12 months, will not be allowed to pursue their studies and have to return back.

Students from English-speaking countries such as UK and US, and those with qualifications taught in English (previous Bachelor’s/Master’s Degree taught in English) are exempted from English requirements to study MBA in Malaysia.

MBA in Malaysia GMAT Requirements

GMAT may be required for some top MBA programs like the University of Nottingham MBA in Malaysia. Otherwise for most Universities GMAT score is not required in Malaysia. Submitting a valid GMAT score as part of your application can only help the Admissions Committee in your evaluation and granting of scholarships.

GMAT score is required in the following public universities of Malaysia:

• Universiti Putra Malaysia: Minimum GMAT of 550 required
• Universiti Malaysia Kelantan: Minimum GMAT of 550 required

GMAT scores though not mandatory are desirable at Universiti Kebangsaan Malaysia and Taylors University. Other universities emphasize more on the work experience and academic background of the candidate rather than on exams required to study in Malaysia.

Documents Required for MBA in Malaysia

• Academic Documents: Attested copies of all certificates of X, XII & Graduate Degree (if applicable), Mark Sheets. If you are currently studying the final year or final semester, the mark sheets can be submitted after completion.
• English Test Score: Proof of English Language proficiency e.g. [IELTS, TOEFL] etc. (if applicable). You can apply even if the tests are not taken yet.
• Transcript: Some universities may ask for a transcript from your degree college. A transcript is a consolidated mark sheet offered from your College.
• Photo: Two Passport sized photographs
• Recommendation Letters (LORs): Academic References as required by the Institute (Min. 2). These Letters should be from your teacher or employer from school or college. These must be on the letter head paper of your company / Institution.
• Statement of Purpose (SOP): An SOP is a 1.5 / 2 pages essay that includes
  • your interest in your previous academic journey
  • why a specific University
  • why MBA in Malaysia
  • your career goals
  • How will the course help you achieve your goals etc.
  • This statement could be submitted to us as a doc file and will be reviewed and edited for you.
• Resume: Preferably the resume should highlight your work experience, educational qualifications, additional courses, hobbies or activities you have done. Should be submitted in a word or pdf format.
• Application Fee: Draft for application fees, if applicable
• Extra-curricular Activities’ Certificates: Achievements & Certificates of Extracurricular Activities

How to apply for MBA courses in Malaysia?

Applying for the best MBA in Malaysia is a pretty straightforward process. Here's how to get admitted to the best Malaysian universities offering top-notch MBA programs:

• Research and Choose a Universities
  • Learn of the top MBA universities in Malaysia. Some of these highly accepted institutions include Universiti Malaya, Universiti Kebangsaan Malaysia, and Taylor's University for MBA's globally accredited.

Check Eligibility Requirement
Review the admission criteria for the chosen program. Most universities demand:

• A bachelor's degree in a relevant field
  • Proof of English proficiency: IELTS/TOEFL scores
  • Work experience (for some executive MBA programs)
  • Prepare Your Application Documents
  • Assemble the necessary papers, such as:
• Academic transcripts and certificates
  • Updated Resume/CV
  • Statement of purpose (SOP)
  • Recommendation letters Passport photocopy

Submit Your Application Apply directly through the university's online portal or through an authorized representative. All documents must be complete and submitted before the deadline. Get a Student Visa Once accepted, the university will assist with your student visa application for Malaysia.

Benefits of Studying MBA From in Malaysia:

On successful completion of this MBA program, you will be able to:

• Demonstrate academic and practical skills and knowledge within the business and strategic management environment.
• Demonstrate advanced problem-solving skills that are capable of tackling global business management matters. 
• Gain necessary knowledge and understanding about contemporary business and management theory, research, and professional practice locally and globally.
• Validate the ability to learn independently and to take responsibility for continuing professional development.
• Demonstrate the capability to devise and apply research and investigative methods within major business research paradigms.
• Understand and critically analyze the contemporary business management environment.
• Efficiently communicate with diverse audiences and circumstances through a variety of communication methods.
• Demonstrate personal effectiveness through effective self-management within the professional environment.

MBA Course Specializations in Malaysia

Pursuing an MBA can be a little confusing with several specializations being offered by the B-schools. Here are some of the top specializations of MBA which are presently in high demand.

Malaysia offers an extensive range of specializations to cater to diverse career interests and industries. Here are the top 10 specializations of MBA in Malaysia based on demand, industry relevance, and career prospects:

When choosing an MBA specialization in Malaysia, consider your career goals, interests, and the industry's demand for professionals in that field. Additionally, research the specific programs and institutions that offer the specialization to ensure they align with your educational and career objectives.

List of Top 10 MBA Universities in Malaysia

1. Universiti Malaya

The University of Malaya (UM) was honoured with the prestigious 4 Palmes of Excellence award in the 2025 Eduniversal Best Masters Ranking for the Far East Asia region. Furthermore, UM's MBA program has garnered full accreditation from the Association of MBAs (AMBA), underscoring its international recognition and esteemed status.

• Duration: 3 – 8 semesters, 1.5 – 2.5 years  
• Intakes: February and September 
• Estimated fees: RM770 (Admission) & RM28, 400 (Tuition) 
• Entry requirements: A bachelor’s degree (min. CGPA 3.00), min. 3 years full-time work experience after completing first degree, or a minimum of IELTS score 6.0 or TOEFL score 550 (paper) / 213 (computer).

2. Universiti Sains Malaysia

The MBA program at Universiti Sains Malaysia (USM) comprises essential and optional courses, along with a research project and a viva voce session.
Another notable feature is USM's collaborative MBA Dual Degree program with Institut Teknologi Bandung (ITB), offering a specialization in ASEAN Business.

• Duration: 4 – 10 semesters, 2 – 5 years
• Intakes: April and October 
• Estimated fees: RM310.00 (Admission) & RM23, 760.00 (Tuition)
• Entry requirements: A bachelor’s degree recognised by USM’s Senate, min. CGPA 2.75, min. 1 year working experience, or min. CGPA 3.50 (without working experience), or pass the interview.

3. Management & Science University (MSU)

MSU is one of the top private universities in Malaysia.

• Duration: 1.5 - 5 years
• Intakes: October, January and April
• Estimated fees: RM 18,200 
• Entry requirements: A bachelor’s degree with a minimum CGPA of 2.50 (or its equivalent qualifications as accepted by the HEP senate), or a minimum CGPA of 2.50 subject to a minimum of 5 years of working experience in a relevant field.

4. Universiti Kebangsaan Malaysia

Universiti Kebangsaan Malaysia (UKM) has partnered closely with industry leaders to co-develop its MBA program, ensuring a strong industry focus. This approach ensures that students receive highly pertinent content aligned with contemporary business demands. The program includes specialized and elective courses, with a particular emphasis on fostering action-based learning and leadership development.

• Duration: 1 year (full-time) or 2 years (every alternate weekend)
• Intakes: October and March
• Estimated fees: RM 30,820 - RM 41,160
• Entry requirements: A bachelor's degree, CGPA 3.00 and above (without working experience), CGPA 2.00 – 2.49 (min. 5 years working experience), or CGPA 2.50- 2.99 (min. 2 years working experience).

5. Universiti Teknologi Malaysia

As a fellow recipient of Eduniversal's 3 Palmes of Excellence award, Universiti Teknologi Malaysia (UTM) stands as an excellent choice for students seeking to pursue an MBA. In contrast to other institutions, UTM provides a broader range of distinctive specialization areas, including aviation management, Islamic finance, and even techno-entrepreneurship.

• Duration: 3 - 4semesters
• Intakes: February and September
• Estimated fees: RM22, 150 (Full time) or RM25, 500 (ODL) 
• Entry requirements: A recognised Bachelor's Degree, min. CGPA 2.5.

6. UCSI University

UCSI University's MBA program stands out in Malaysia for its exclusive foundation in the renowned Blue Ocean Strategy framework. Notably, it is the sole program of its kind in the country. The university maintains small class sizes to nurture a highly interactive learning environment for its students.

• Duration: Minimum 1 year
• Intakes: January, May and September
• Estimated fees: RM36,500 (Local) & RM55,960 (International) 
• Entry requirements: A bachelor's degree, min. CGPA 2.00 (subject to rigorous internal assessment).

7. Putra Business School

Putra Business School nourishes various MBA specialization programs for students to pursue in their studies, including finance, marketing, and human potential management.

• Duration: 1 year 4 months - 2 years (full time) or 2 years 8 months - 3 years (part-time)
• Intakes: January, May and September
• Estimated fees: RM32,000 (full time) or RM35,000, RM37, 600 (international) 
• Entry requirements: A bachelor's degree, min. CGPA 2.00 (subject to rigorous internal assessment and without working experience), or min CGPA 2.5 accepted by the HEP Senate. 

8. Taylor’s University

Taylor's University offers an MBA program that focuses on coursework, incorporating the most up-to-date insights from industry experts. Additionally, elective modules are continually evaluated to align with market trends. This MBA curriculum delivers fundamental business knowledge while also striving to offer personalized leadership development opportunities for its students.

• Duration: min. 1 year (full-time) or max. 5 years (part-time)
• Intakes: January, March and August
• Estimated fees: RM 49,920
• Entry requirement: A bachelor's degree, min. CGPA 2.75, CGPA between 2.75 and 2.50 (2 years working experience and interview), or CGPA less than 2.5 (min. 5 years working experience)

9. University of Kelantan Malaysia UMK

The Universiti Malaysia Kelantan (UMK; English: University of Malaysia, Kelantan) is a public university in Kelantan, Malaysia. The formation of the university was mooted during the tabling of the Ninth Malaysia Plan and approved by the cabinet of Malaysia on 14 June 2006.

• Duration: 1 year (full time) or 2 – 4 years (part time)
• Intakes: February, June and September
• Estimated fees: RM 64,500 (local) or RM68,365 (international)
• Entry requirements: A relevant second class honours degree (or international equivalent), or a relevant professional qualification equivalent to a first degree with honours, plus min. 3 years or more full-time management or leadership work experience.

10. Heriot-Watt University

The MBA program at Heriot-Watt University is a cornerstone of their offerings. Seminars are conducted not only by leading academics in Asia but also by faculty members from the university's UK campus who frequently visit Malaysia to keep students abreast of the latest trends and industry practices. For those seeking more details, students can attend one of the university's MBA previews.

• Duration: 2 years (part-time)
• Intake: January, May and September 
• Estimated fees: RM 58,050
• Entry requirements: A bachelor's degree (min. 2 years working experience)

Visa Process for MBA Course in Malaysia

If you’re planning to pursue an MBA in Malaysia, here’s a step-by-step guide to the student visa process:

1. Secure Admission

• Apply to a recognized Malaysian university offering an MBA program.
• Once accepted, you will receive an offer letter from the university.

2. Visa Approval Letter (VAL) Application
Your university will submit your documents to the Education Malaysia Global Services (EMGS) for a Visa Approval Letter (VAL).
Required documents include:

• Copy of your passport (valid for at least 18 months)
• Passport-sized photograph
• Academic certificates
• Proof of payment for the VAL processing fee
• Processing of the VAL typically takes 4-6 weeks.

3. Obtain Single Entry Visa (SEV)

• Once you receive the VAL, apply for a Single Entry Visa (SEV) at the Malaysian embassy or consulate in your home country.
• Submit your VAL, passport, and other required documents.

4. Travel to Malaysia

• Upon obtaining the SEV, you can travel to Malaysia.
• Notify your university of your arrival date for further assistance.

5. Medical Screening in Malaysia

• After arrival, undergo a medical check-up at an approved clinic in Malaysia.
• Submit the medical report to your university for further processing.

6. Student Pass Issuance

• The university will assist you in submitting your documents to the Immigration Department for the Student Pass.
• The Student Pass will serve as your visa for the duration of your MBA program.

7. Renewals (If Needed)

• If your MBA course extends beyond the validity of your Student Pass, you will need to renew it. The university will guide you through this process.