Asia School of Business

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Enrolment Deposit

Congratulations again on your acceptance into the Asia School of Business MBA program. All incoming students are required to pay an enrollment deposit of RM 10,000. Payment of the deposit is a condition for acceptance of our admissions offer, and once received, secures a student’s place in the MBA class.

The enrollment deposit serves as an advance on the tuition fees, which will be discounted from the final semester fee payment. The deposit is non-refundable.

Electronic deposit payments may be made from your application portal status page.  Please click here.


Tuition Fees

Tuition Fees for the upcoming academic year are set by ASB Management Sdn. Bhd.

The fees below apply to the 2025 Executive MBA intake and are subject to change for subsequent intake years.

MYR180,000 (approx. US$43,000)

The fees shown above are inclusive of:

  • Tuition & Course Fees
  • Materials (Copyrighted materials & usage of textbooks)
  • Accommodation during:
    • MIT Immersion Program (Required)
    • International Practicum (Required)
    • Industry Trek (Optional)
  • For Foreign Students: Malaysian student insurance as required for your student pass requirements. (For Malaysian Students, this program requires all students to be fully employed; thus, your medical insurance is assumed to be covered through your employer).
  • For All Students: Travel insurance on international practicum and during your time in the United States for the MIT Immersion Program.
  • For Foreign Students: Malaysia student pass fees
Estimated Additional Expenses

Program REQUIRED Expenses: RM12,954 (approx. USD3,000)

  • International economy flights for MIT Immersion and international practicum (SEA region)
  • International visa for the US and one SEA country

OPTIONAL Program Expenses: RM7,900 (approx. USD1,775)

  • On-campus housing at ASB Residence (ASBR) [RM 100 per night, hotel setup]

Payment Deadlines

The payment schedule for tuition fees is based on semesters as follows:

 Start Date of SemesterFees LiabilityFees Due Date
1 (Fall)28 August 202325%15 August 2023
2 (Spring)8 January 202425%15 December 2023*
3 (Summer)8 January 202425%15 April 2024
4 (Fall)2 September 202425%31 August 2024

*Work in Progress

As a courtesy to our students, we send email reminders each time a billing statement is generated to students’ official ASB email addresses.

When students accept admissions offers and register for classes at Asia School of Business (ASB), they accept full responsibility to pay all program fees and other associated costs assessed because of registration and/or receipt of services. ASB may assess late charges, suspend registration and access to various student services, withhold a degree and charge collection costs if all charges are not paid

Any student who fails to settle payment to ASB by the deadline, the following sanctions may apply, to which the consequences are as follows:

  1. NOT allowed to attend upcoming classes (physical or virtual)
  2. NOT allowed to sit for any upcoming exams
  3. NOT allowed to participate in Action Learning activities
  4. NOT allowed to be issued with a Final Certificate;
  5. NOT allowed to be issued with any academic reference;
  6. NOT allowed to access Career Development Office resources;
  7. NOT allowed to attend the convocation ceremony; and
  8. NOT allowed other student benefits or privileges.

As a courtesy, notifications will be sent throughout the term to students with past due bills who have not made satisfactory arrangements. A late fee penalty will apply if fees are paid later than the last day of the fees due date. The late fees penalty charge is 2% for each month that fees are not paid, on a compounded basis.

ASB may also from time to time at its own discretion decide to pursue other sanctions as stipulated in the MBA Financial Matters and Fees Handbook that may include legal action. ASB reserves the right to refer unpaid accounts to legal debt recovery and/or external agencies to pursue payment. ASB shall also seek recovery of the costs associated with the said legal processes.

Payment Method

Student Information System (SIS)

Once the student enrollment process is completed, ASB will set up a student account in the Student Information System (SIS) in each student’s name for any charges and credits.

Students may opt to pay online through SIS by logging in with a student ID and password. Student log-in information (username and password) and training on SIS will be provided to all students during orientation week.

Billing will be performed through the Student Information System (SIS) portal. Students will be given training during orientation in August on how to access SIS.

Payment Methods
  • Please ensure that the card being used to pay is 3-D verification compliant.
  • Make sure you have sufficient funds in your bank account.
  • Make sure that your credit card’s limit will cover your payment.
  • Contact your bank (for debit cards) or your card issuer (for credit cards) in advance to let them know that you will be making a payment to ASB. Some card issuers automatically block transactions that don’t fit your usual spend pattern or are over a certain amount of money.
  • If the online payment system declines your transaction, call your bank or card issuer. They should be able to tell you why it was declined and may be able to authorise your card so that you can try again.

Students who are being sponsored, wholly or in part, should provide evidence of sponsorship. Students will not be able to complete enrollment until ASB has received confirmation of sponsorship from the student’s sponsor and this has been approved by ASB and/or the program fees are paid by the student.

Proof of sponsorship in the form of a Financial Affidavit or Agreement undertaking to pay the program fees to ASB must be provided to the Finance Department.

Any questions regarding enrollment as a sponsored student should be directed to our Corporate Development Department.

For your convenience, you may find answers to our FAQ below. We also have staff dedicated to answering your questions during our office hours, so please contact us any time you have a question

I am paying from
  Payment Details
Credit card Log in to SIS to make payments
Fund Transfer
Malayan Banking Berhad
Ground Floor, Menara DBKL 2,
Jalan Raja Laut,
50350 Kuala Lumpur
ASB Management Sdn Bhd-Fees
Cheque Payable to “ASB Management Sdn Bhd”

Note: Please include student’s full name, student
number, and program on the reverse of the cheque
to ensure that payments are properly credited.
 Payment Details
FlywireLog in to SIS to make payments
Fund Transfer
Malayan Banking Berhad
Ground Floor, Menara DBKL 2,
Jalan Raja Laut,
50350 Kuala Lumpur
ASB Management Sdn Bhd-Fees


How can I make a payment if I do not have a Malaysian bank account?

You may pay online via SIS by check, wire transfer, credit/debit card or cash. Please see the Payment Method section for more information.

I have a negative balance on my bill. What does this mean?

A negative balance indicates that your bill was overpaid and that you may be eligible for a refund. You may only receive your refund after the semester starts and your anticipated credits are disbursed to your student account.

What happens if a payment is returned by my bank?

If a payment is returned by your bank, we will require a new payment immediately and charge your student account with a RM300 fee. Your bank may also charge you for the returned check.

Who do I contact about one of the charges on my bill?

All questions regarding any charges billed to the student can be directed to Student Financial Services.

How do I dispute a charge?

If you want to formally dispute a charge, you must contact Student Financial Services in writing 60 days within the date of the statement on which the charge first appeared.

Where can I retrieve my billing statement?

Your billing statement can be retrieved in the Student Information System (SIS) portal. The username and password to log in will be provided to you during orientation.

I forgot my SIS account username and/or password. How do I retrieve them?

Please contact our IT Department directly with questions regarding a lost username and/or password.

What happens to my bill if I leave ASB?

If you leave school before graduation for any reason (medical withdrawal, leave of absence, required withdrawal, etc.) even if you plan on returning to ASB, you are still responsible for paying the full amount due on your statement or making satisfactory payment plans with Student Financial Services. If you leave ASB for a period of time and return, you will not be allowed to re-enroll or re-register until you have paid any balance due on your account. After you graduate or leave ASB for any reason and have an unpaid past due balance on your account for more than 30 days, your account may be sent to an outside agency and you will be responsible for any collection fees (including reasonable attorney’s fees we incur during collection efforts).

If I leave ASB but intend to return, will my fees change?

Students who leave ASB with an intent to return will be reassessed when they return and may be charged different fees than those enforced in their initial enrollment. Students who return on a date outside the academic year in which they withdrew will be charged according to the fee structure enforced at the time of re-joining the program. Fee liability for students will be determined in accordance with the official date of suspension/withdrawal and the liability point laid out in our Policy.

If I leave ASB, do I still have to repay my student loans?

If you have student loans, you should check the repayment conditions as lenders may require you to make payments when you are not in school after the grace period expires, even if you have not graduated.

Feeling overwhelmed or have more questions?

Please contact us and let us know what you need. We are here to help!