Owing to its budget-friendly education, prominent educational institutions, including branch campuses of leading international universities, as well as its varied cultural encounter, Malaysia is a popular study abroad destination. The country’s central location in Southeast Asia, cutting-edge infrastructure, and English-speaking setting further draw students from across the globe.
Accounting programs in Malaysia generally provide students with a thorough understanding of auditing, management accounting, financial reporting, and taxation, in line with worldwide standards like IFRS. Bachelor's degrees in accounting typically span 3-4 years, whereas professional certifications like ACCA, CIMA, or CPA Malaysia may take an additional 1-3 years, based on the student's progress.
Why study Accounting in Malaysia?
Studying Accounting in Malaysia is a wise choice for the reasons mentioned below:
- Top-tier Education: A number of universities in Malaysia are ranked well in Asia for business and accounting education.
- Accredited Credentials: Accounting degrees in Malaysia are recognised by international agencies such as ACCA, CIMA, CPA, etc.
- English as the Medium of Instruction: Accounting programs in Malaysia are frequently instructed in English, in turn, improving worldwide employability.
- Economical Tuition Fees: In comparison to other nations, Malaysia offers comparatively affordable education.
- Multicultural Encounter: Students who study in Malaysia have the chance to immerse themselves in a varied culture, which enhances student life and networking possibilities.
- Central Location: Seamless access to other Southeast Asian business centres.
- Expanding Economy: A dynamic business setting provides excellent prospects for accounting experts.
- Possibilities for Internships: Real-world experience is offered via partnerships with international firms.
- Forensic Accounting
- Internal Auditing
- Financial Accounting
- Public Sector Accounting
- Auditing and Assurance
- International Accounting
- Management Accounting
- Corporate Governance and Risk Management
- Taxation
- Islamic Finance and Accounting
- Monash University Malaysia
- Asia Pacific University (APU)
- Universiti Malaya (UM)
- Sunway University
- Universiti Teknologi MARA (UiTM)
- Universiti Putra Malaysia (UPM)
- University of Nottingham Malaysia
- HELP University
- Universiti Kebangsaan Malaysia (UKM)
- Taylor's University
- The student needs to have completed minimum SPM/O-Level with credits in pertinent subjects such as Mathematics and English. For degree programs, the student needs to hold A-Level or a comparable credential (e.g., STPM, UEC).
- Non-native English speakers need to prove their fluency in English through appearing for English language proficiency tests like the IELTS or TOEFL.
- The student needs to have completed a Foundation program in Arts/Science or Diploma in Accounting from accredited institutions.
- He/she must hold credentials recognized by the Malaysian Qualifications Agency (MQA).
- Pertinent work experience may prove advantageous for particular programs.
- An interview or entrance test may be required by certain universities.
- To study in Malaysia, the student needs to hold a current student visa and provide evidence of adequate funds.
- Internal Auditor
- Payroll Specialist
- Auditor
- Investment Analyst
- Management Accountant
- Credit Analyst
- Tax Consultant
- Financial Controller
- Finance Manager
- Accountant, among others.
Best Accounting specializations to pursue in Malaysia
The best Accounting specializations for students to pursue in Malaysia are:
Prominent universities in Malaysia to pursue Accounting
Accounting is offered by several prominent universities in Malaysia. They are as under:
What’s the cost of studying Accounting in Malaysia?
Based on the type of institution as well as the degree of study, the cost of pursuing Accounting in Malaysia differs. For a bachelor’s degree in accounting, Malaysian students pay between RM 8,000-RM 20,000 in tuition annually at public universities, whereas the tuition fees for international students may range from RM 10,000-RM 40,000 per year. Private universities on the contrary, can be more costly, with annual tuition fees costing between RM 30,000-RM 60,000 or more. Besides tuition, students should also take into account additional expenses like living costs, housing, and resources, which can add up to an additional RM 1,500-RM 3,000 each month. To assist in alleviating the financial strain for local as well as overseas students, scholarships and monetary assistance are frequently offered.
Eligibility Criteria to study Accounting in Malaysia
The eligibility criteria to pursue Accounting in Malaysia are:
Job Opportunities post completing Accounting in Malaysia
After completing an Accounting degree in Malaysia, students can take up any of these jobs:
FAQs:
Q: Do accounting students have access to scholarships?
Yes, scholarships based on academic merit or monetary requirement are offered by a number of universities in Malaysia. Students can also search for external scholarships provided by organisations and government entities.
Q: Are internships a requirement in accounting programs?
As part of their curriculum, a number of universities promote internships, nevertheless it may not be necessary. Internships are highly invaluable for acquiring real-world experience.
Q: Are overseas students allowed to work while studying in Malaysia?
Yes, overseas students are permitted to work part-time for a maximum of 20 hours per week during academic terms and full-time during breaks.
For further assistance or queries students can contact us, Edwise International and avail our wide range of services for students on destinations like study in UK,study in USA, study in Canada, study in Australia, study in New-Zealand, study in Singapore, study in Ireland and many other countries.
