Fees
The tuition fees for the 2024 MBA intake is RM 150,000 (roughly USD 35,000) which includes:
- Tuition
- Course Materials & usage of textbooks
- Housing during MIT Immersion, Practicum, Action Learning (outside KL & Malaysia only), and Optional Industry Trek
- Airfare & Bus for Practicum and Action Learning Project
*Subject to change.
Additional Information
- Enrollment Deposit
If you are admitted to the MBA program, you will be required to pay an enrollment deposit of MYR10,000. - Housing Security Deposit
If you opt for an accommodation at the ASB Residences (ASBR), we require a minimum of MYR2,600 housing security deposit for Room Type A or more, depending on the room selection, which must be paid prior to moving into the ASB residential facilities. - Malaysian Currency
In Malaysia, the currency used is the Malaysian Ringgit (MYR). All costs are stated in MYR, so please use a currency converter to find up-to-date exchange rates.
Student Funding
ASB MBA Fellowships
The ASB MBA Fellowship is merit-based and will be available to applicants who demonstrate outstanding accomplishments in the areas of academic qualification, work experience, professional and global diversity, leadership impact and achievements, etc.
For priority fellowship consideration, applicants are encouraged to apply early in the admissions cycle (Round 1 or Round 2 deadlines).
To be considered for an ASB MBA fellowship, applicants will need to provide an essay (500 words) to support their interest and eligibility, and submit it together with a completed application.
Important Notes:
- Please note that the procedure that ASB has in place is such that if an applicant comes from a company that the school has a corporate scholarship/sponsorship partnership agreement with, he/she may not be considered for ASB merit-based fellowships. Such individuals should pursue the scholarship opportunity that exists with their employer for corporate sponsorship to the ASB MBA program. If you have questions related to employer sponsorships, please contact the admissions team at admissions@asb.edu.my.
- The Admissions Committee will evaluate the application to the ASB MBA program and the fellowship amount simultaneously. All decisions are at the discretion of the ASB MBA Admissions Committee and are final.
Corporate Sponsorships
Professionals working at ASB’s partner organizations may be eligible for a Corporate Sponsorship from their employer. To be considered, reach out to us at admissions@asb.edu.my to confirm your interest and we will work with your employer to explore sponsorship opportunities.
ASB Partners
- AirAsia Group
- Petroliam Nasional Berhad (PETRONAS)
- Jabatan Perkhidmatan Awam Malaysia (JPA) via HLP (Hadiah Latihan Persekutuan) Scholarship
- Majlis Amanah Rakyat (MARA)
- Bank Negara Malaysia (BNM) via BNM Staff Scholarship
- Usaha Tegas Group of Companies via Yayasan Daya Diri (YDD) Scholarship
- Astro
- Maxis
- Bumi Armada
- Usaha Tegas
If your employer is not listed here and you are aware that they offer postgraduate sponsorships, reach out to us at admissions@asb.edu.my.
The scholarship opportunities listed below will be available in 2024 Intake to eligible Malaysian citizens.
The Tan Sri Yeoh Tiong Lay (YTL) Scholarship Award
Tan Sri Yeoh Tiong Lay (YTL) Corporation’s YTL Foundation has generously provided ASB with an endowed scholarship fund, which enables the ASB Admissions Committee to award a scholarship to a deserving candidate once every two years. This is an un-bonded scholarship award available for a Malaysian applicant who is granted admission to the ASB MBA program. To apply, please write an essay prompt found within the online application and submit with your ASB MBA application, as soon as possible.
The YTL Foundation was established in 1997 on the belief that education is the basis on which every society progresses. The YTL Foundation has since provided educational aid to deserving individuals with great potential, who would otherwise be denied opportunities to pursue higher education. Over the years, the Foundation has grown to play a significant role in helping raise the standards of education in Malaysia.
YTL Philosophy & Core Values
YTL has a philosophy on “Building the Right Thing” through their 5 core values as outlined here.The scholarship aims to recognize all-round high achievers who embody these philosophies and values.
