Asia School of Business

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Executive Education

Student Finance (MBA Program)

Enrolment Deposit

Congratulations again on your acceptance! We’re thrilled to welcome you to ASB. To ensure a smooth transition into your exciting MBA journey, here’s a friendly overview of your financial commitments.

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.

Fees

Tuition Fees

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

The Tuition Fee for the 2025/2026 academic year is RM 150,000 (approximately USD 33,000)

The fees shown above are inclusive of:

  • 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 on an annual basis, but incoming students are guaranteed a fixed rate for the duration of the program.

Housing

On-campus housing is optional and available for students’ convenience during their time at the Asia School of Business (ASB). Student housing costs are NOT included in the tuition fees. Students will have some choice in accommodation, with options available for an extra fee and subject to availability.

In order to secure on-campus accommodation, all full-time residential students are required to pay: 

  • Refundable housing security deposit (amount equal to two weeks’ rent)
  • One term’s rental fees upfront (four months)

Both are due by August 10, 2025.

The housing security deposit is refundable upon completion of the term, net of any outstanding charges due to ASB. Deposit will be used to offset the days stayed at ASBR before the start of the first semester. Any damages, missing items, or penalties imposed will be deducted from the security deposit before the check-out date.

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

Payment Deadlines

The total bill amount for the tuition fee to be paid by the students is based on semesters as follows:

 Start Date of SemesterFees LiabilityFees Due DateInvoice Issuance Date
1 (Fall)25 August 20251/3 of fees15 August 20251 August 2025
2 (Spring)12 January 20261/3 of fees15 December 20251 December 2025
3 (Summer)4 May 20261/3 of fees15 April 20261 April 2026


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

*Note:

  1. The above schedule is subject to change
  2. Exception for corporate sponsors who have provided a guarantee letter.

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.

Please note that students who do not settle their payment to ASB by the specified deadline(s) may be subject to the following consequences:

  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, students with overdue balances who have not made satisfactory payment arrangements will receive notifications throughout the term. Please note that payments made after the fees due date will incur a late fee penalty of 2% per month, until the outstanding fees are settled.

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
Electronic Fund Transfer Malayan Banking Berhad Ground Floor, Menara DBKL 2, Jalan Raja Laut, 50350 Kuala Lumpur ASB Management Sdn Bhd-Fees 514150-439951 MBBEMYKL
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
Flywire Log in to SIS to make payments
Electronic Fund Transfer Malayan Banking Berhad Ground Floor, Menara DBKL 2, Jalan Raja Laut, 50350 Kuala Lumpur ASB Management Sdn Bhd-Fees 514150-439951 MBBEMYKL

FAQ

We’re committed to supporting you every step of the way. For any questions or concerns, don’t hesitate to reach out to our Student Financial Services team. Welcome once again—we can’t wait to see the incredible things you’ll accomplish!

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 Paying Your Fees 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. We are here to help!

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 is easily accessible through the Student Information System (SIS). Your login details will be provided during orientation.

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

 Contact our helpful IT Department directly, and they'll assist you.

What happens to my bill if I leave ASB?

If you need to leave ASB before graduation for any reason (such as medical withdrawal, leave of absence, required withdrawal etc.), please note the following:

  • 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 permitted to re-enroll or re-register until you have paid any balance due on your account.
  • If your account has an unpaid balance for more than 30 days after leaving or graduating from ASB, it may be referred to an external collection 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!