Best Private Universities & Colleges in Malaysia to Study a Top Diploma in Accounting Course
Choose to Study a Top Diploma in Accounting Course in Malaysia
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Students after SPM or O-Levels with at least 3 credits can choose to study the Diploma in Accounting at top private universities in Malaysia before continuing on to the accounting or finance degree programmes.
Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020. A career in Accounting can give you high salaries if you are equipped with the necessary knowledge and skills. Therefore, you should choose a reputable top university in Malaysia to study the Accounting diploma.
Students should choose the right university that fits them which has a good reputation for accounting programs, excellent facilities, top lecturers and an English-speaking student environment.
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Study the Diploma in Accounting at the Best Private Universities and Colleges in Malaysia for a Successful Future
Hui Ying, Diploma in Accounting Graduate from Asia Pacific University (APU)
At top private universities in Malaysia, you will receive an education that is higher in quality compared to others. Lecturers there are usually in the forefront of their field of study and possess years of teaching experience possessing a wealth of knowledge.
Having access to a variety of resources and state-of-the-art facilities brings a significant benefit to students as well. Top private universities usually have well-stocked libraries and access to a wide range of research papers for students to take advantage of. As they are in the forefront of technology, these universities will have excellent facilities that you might not find anywhere else.
Attending a top university can help you build a strong network that can provide a wealth of opportunities in the future. You not only get to connect with faculty members, but with international students from all over the world that can give you an insight into the culture as well as improve your English language skills.
Furthermore, top private universities get to funnel their students into working with top companies in Malaysia. You are more likely to get an internship with well-known companies and possibly gain a job offer. Besides that, employers are more likely to respond to your job applications if you are from a top university because they recognise the reputation these universities have.
By studying in top private universities, you will be surrounded by other highly motivated people who are sure to provide you with a challenge. You not only get to learn from highly experienced lecturers, but also brilliant peers from all around the world. These people will play an important role in shaping you and enriching your life with different perspectives and insights during your years of study.
First rate universities in Malaysia for students after SPM or O-Levels to study Diploma in Accounting programmes are:
- Asia Pacific University (APU)
- University of Wollongong (UOW) Malaysia KDU, Utropolis Glenmarie
- UOWM KDU Penang
- Multimedia University (MMU)
- MAHSA University
Transfer your Diploma in Accounting to into Year 2 Accounting Degree at Top Private Universities in Malaysia
Chew Ling, Accounting & Finance at Taylor’s University
After completing the Diploma in Accounting, students can transfer your diploma credits into another top private university in Malaysia to enter into Year 2 of the degree for another 3 years depending on the exemptions. It will take about one to three weeks for the university to perform the exemption evaluation.
To perform exemptions, you will need to submit the following documents to the university of interest for exemption evaluation:
- Transcripts for the subjects taken
- Course outline for all subjects taken
- Letter of Completion or Diploma Certificate
- Copy of SPM certificate
Upon completion of the Diploma in Accounting, students can consider transferring into top accounting and finance degree programmes at the best private universities in Malaysia.
PTPTN Loan for Diploma in Accounting Course in Malaysia
Gary, Accounting Graduate from University of Wollongong Malaysia (UOWM) KDU
Please note that there is no PTPN Loan for Foundation. For the Diploma you can apply for the PTPN Loan Most universities and colleges will have a special department and staff to help you to make all the necessary arrangements for the loan so you do not need to worry about it. They will brief you about it during Orientation
Please note that generally, you have to pay the First Semester Fees first and then apply for the loan, which would take 2-3 months to process. The loan should be given out in time for the second semester but if it doesn’t happen in time, you have to prepare the fees for the Second Semester.
Mode of Payment Payment from PTPN will be made TWICE a year directly into the university’s account. Students must make payment of first semester’s tuition fees to the university and then apply for the PTPN Loan for it to come into effect for the second semester.
Eligibility for the 2nd Payment and onwards Student must obtain GPA 2.0 and above in order to continue enjoying the loan.
- The first loan payment is released only after the completed agreement is received by PTPTN.
- Subsequent payments will be made after PTPTN receives confirmation from the IPT
- The loan payment is credited directly to the student’s account.
- Repayment of education loan / financing starts 6 months after graduation / education financing. You have between 5-20 years to pay back depending on the loan amount.
- The loan rates are 1% per annum on flat rate
PTPTN Loan Amount
| PERINGKAT PENGAJIAN UNTUK IPTS | JUMLAH PEMBIAYAAN SETAHUNMENGIKUT PERINGKAT* | ||
| MAKSIMUM(RM) | 75%(RM) | 50%(RM) | |
| Foundation | 6,800 | 5,100 | 3,400 |
| Diploma | 6,800 | 5,100 | 3,400 |
| Diploma (Farmasi, Pergigian & Sains Kesihatan) | 12,750 | 9,560 | 6,380 |
| Ijazah Sarjana Muda (Sains) | 14,030 | 10,520 | 7,010 |
| Ijazah Sarjana Muda (Sastera) | 13,600 | 10,200 | 6,800 |
| Ijazah Sarjana Muda (Farmasi, Pergigian & Sains Kesihatan) | 17,000 | 12,750 | 8,500 |
| Ijazah Sarjana Muda Perubatan (MBBS) | 30,000 | 30,000 | 30,000 |
Peringkat jumlah pembiayaan ditentukan berdasarkan kelayakan di bawah:-
|
PERINGKAT PEMBIAYAAN |
KELAYAKAN |
|
Maksimum |
Sekiranya pelajar atau penjaga pelajar disenaraikan sebagai penerima Bantuan Rakyat 1 Malaysia (BR1M) |
|
75% daripada pembiayaan maksimum |
Pendapatan keluarga tidak melebihi RM8,000 (tiada dalam data BR1M) |
|
50% daripada pembiayaan maksimum |
Pendapatan keluarga melebihi RM8,000 (tiada dalam data BR1M) |
As of 1 November 2014, PTPTN will reduce the total loan amount for their new applicants. For private higher education institution, a total of 15 % from the previous total loan amount will be deducted. PTPTN will also use the Bantuan Rakyat 1Malaysia (BR1M) data to determine the amount eligible to the applicants. However, total loan amount for the program of Doctor of Medicine will remain the same. There are three levels of loan amount designed by PTPTN to determine the amount eligible to the applicants. The details of the loan level are as below:
Below is the comparative table for old and new loan amount for each semester. The calculation is based on the guideline by PTPTN and has been rounded off to zero decimal place. The exact amount will be determined by PTPTN. The loan will be disbursed twice a year (long semester only).
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Why Study the Diploma instead of Foundation?
Kar Jun (Left), Accounting graduate from Asia Pacific University (APU)
- SPM (5 relevant credits) – Foundation (1 year) – Degree (2 years)
- SPM (3 relevant credits) – Diploma (2 or 2.5 years) – enter degree Year 2 (3 years)
Suggested accounting pathway for students in Malaysia with weak English
Hui Ying, Diploma in Accounting leading to Finance Degree, Asia Pacific University
However, as we all know, the standard of English in Malaysia has dropped a lot. Some students thinking of going for accounting go into CAT and then the ACCA not realising that both are external papers and marked by the UK examiners.
Therefore, although these students may be capable in their knowledge but their weakness in the English language to write properly during the exams will lead them to fail these papers. Furthermore, the final 5 papers of the ACCA are not easy and if you attempt these papers while you are too young, can be challenging.
I would suggest that students go into an accounting diploma programme first and then into Year 2 of the Accounting degree where it is exempted from the 9 papers of the ACCA. Upon graduation, you find a job and then take the final 5 papers of the ACCA to become a professional accountant.
In choosing the university or college for the degree, you should go for a university where the students speak English mostly. Research by Star newspaper has shown that graduates with good command of the English language tend to get a higher salary (25%) and faster promotion. A lot of students like the easy way out and choose colleges and universities that are cheap and lacking in quality and facilities thinking that as long as they just get the qualification, they are alright.
They forget that if the quality of the university is low, the student’s quality will also be low when they graduate. You won’t have the necessary knowledge and skills to succeed in the working world. Not being able to speak English well, you won’t be able to become a manager in a Multi National Company.
The management will not ask you to give a presentation if you cannot speak well and furthermore how are you going to be able to write a report? When you become an auditor, you will need to communicate with your client in English as well as your report.
