Master of Business Administration
Asia School of Business. One transformative year in Kuala Lumpur. A lifetime of consequence.
Fees, Funding & Fellowships
The true ROI of an MBA compounds over a lifetime, not a few terms. We view your tuition as a high-leverage investment in your future, and we believe you deserve total clarity from day one. Here is the exact breakdown of what your year costs, what it includes, and how our Fellowships can transform the math. No hidden fees, no form-fills required.
| Item | 2027 Intake* |
|---|---|
| Tuition (12 months) | RM 150,000* |
| Enrolment deposit (applied to tuition on acceptance) | MYR 10,000 |
| Housing deposit (ASB Residences, optional) | from MYR 2,600 |
| Application fee | None |
*Subject to prevailing SST for international students. Tuition includes course materials along with housing and travel costs for the Global Immersion and out-of-Malaysia Action Learning projects. These are the costs that catch people off guard at other schools.
Student Funding
Our Fellowships are earned, not automatically applied. While every full-time student receives baseline support, full and partial Fellowships are awarded based on exceptional merit. Apply early to be considered first
Open to applicants of all nationalities. These are the routes most international candidates should start with.
The GMAT evaluates the analytical, quantitative, and verbal reasoning skills that a rigorous MBA demands. This award recognises candidates with strong academic performance, proven leadership potential, notable professional achievement, and a commitment to meaningful impact.
Eligibility
- A valid GMAT General Test score with competitive results
- Minimum two years of post-degree work experience
- Open to applicants of all nationalities
Deadline and intake terms are set each cycle. Confirm the current date with admissions.
Awards are capped at 10% of tuition fees.
The GRE assesses the same core reasoning competencies, and ASB holds no preference between the two tests. This award seeks top-tier talent from diverse backgrounds, empowering leaders who intend to build in Asia and beyond.
Eligibility
- A valid GRE General Test score with competitive results
- Minimum two years of post-degree work experience
- Open to applicants of all nationalities
Deadline and intake terms are set each cycle. Confirm the current date with admissions.
Awards are capped at 10% of tuition fees.
Merit-based fellowships are available to applicants who demonstrate outstanding accomplishment across academic qualification, work experience, professional and global diversity, leadership impact, and achievement.
One important caveat. If you come from a company that holds a corporate scholarship or sponsorship partnership with ASB, you may not be considered for ASB merit-based fellowships. You should pursue the sponsorship route that exists with your employer instead. Questions on employer sponsorship go to admissions@asb.edu.my.
Merit-based fellowships are available to applicants who demonstrate outstanding accomplishment across academic qualification, work experience, professional and global diversity, leadership impact, and achievement.
One important caveat. If you come from a company that holds a corporate scholarship or sponsorship partnership with ASB, you may not be considered for ASB merit-based fellowships. You should pursue the sponsorship route that exists with your employer instead. Questions on employer sponsorship go to admissions@asb.edu.my.
Professionals working at ASB corporate partner organisations may be eligible for a Corporate Sponsorship. Contact admissions@asb.edu.my to register your interest, and ASB will work directly with your employer to select recipients.
ASB partner organisations
- AirAsia Group
- Petroliam Nasional Berhad (PETRONAS)
- Jabatan Perkhidmatan Awam Malaysia (JPA), via HLP
- Majlis Amanah Rakyat (MARA)
- Bank Negara Malaysia (BNM) Staff Scholarship
- Usaha Tegas Group, via Yayasan Daya Diri (YDD)
If your employer is not listed but offers postgraduate sponsorship, write to admissions@asb.edu.my and ASB will explore it with them.
YTL Corporation’s YTL Foundation has endowed a scholarship fund that allows the ASB Admissions Committee to award a scholarship to a deserving candidate once every two years. It is un-bonded, and open to a Malaysian applicant granted admission to the MBA.
The Foundation was established in 1997 on the belief that education is the basis on which every society progresses, and has since provided aid to individuals of great potential who would otherwise be denied higher education.
The award recognises all-round high achievers who embody YTL’s philosophy of “Building the Right Thing” and its five core values.
Public Bank has endowed a scholarship fund enabling the ASB Admissions Committee to award a scholarship to a deserving candidate each year.
This is an unbonded award, available to a Malaysian applicant who has been granted admission to the ASB MBA program.
PEF supports exceptional candidates who demonstrate outstanding leadership, professional excellence, and a commitment to making an impact. Each year ASB awards two scholarships to self-sponsored MBA applicants.
What the award recognises
- Strong academic performance
- Significant professional experience
- Leadership experience and impact
- Diversity of background and perspective
- Outstanding personal or professional achievement
If a fellowship does not close the full gap, you may approach a financial institution for study financing. ASB currently points Malaysian citizens to:
AFFIN Education Financing – i →
ASB is not responsible for the success of your loan application and is not involved in the approval process. This is an external study loan.
Yayasan Johor has endowed a scholarship fund enabling the ASB Admissions Council to award a scholarship to a deserving candidate each year. It is an unbonded award for a Malaysian applicant granted admission to the MBA.
This award closes earlier than the others. It has historically required application by Round 3, so confirm the current cycle’s date with admissions.
ASB partner organisations
- AirAsia Group
- Petroliam Nasional Berhad (PETRONAS)
- Jabatan Perkhidmatan Awam Malaysia (JPA), via HLP
- Majlis Amanah Rakyat (MARA)
- Bank Negara Malaysia (BNM) Staff Scholarship
- Usaha Tegas Group, via Yayasan Daya Diri (YDD)
If your employer is not listed but offers postgraduate sponsorship, write to admissions@asb.edu.my and ASB will explore it with them.
2027 Intake is now Open for Application
admissions@asb.edu.my
admissions@asb.edu.my