Best Degree Courses to Study after Foundation in Business at Malaysia’s Private Universities
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Students who have completed the Foundation in Business after SPM or IGCSE/O-Levels, are certain of pursuing a career in the business field. There are many types of business degree courses for students to choose from. You can choose from the general Business Administration or Management course to more specific ones like Accounting, Accounting & Finance, Finance, Human Resource Management, Marketing, and many more. With so many business courses, it can be confusing to choose the right one.
This article is to help guide students who have taken the Foundation in Business to choose the right business degree programme that would suit their needs and career goals. We will list the best business courses for you to consider after completing your Foundation in Business.
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Malaysia’s Top Business Courses to Study After Completing Foundation in Business
A university is like a coach. It equips you with knowledge, trains you and provides you with the necessary skills to win. If one chooses a lousy coach, then the knowledge and skills would be lousy as well. If one chooses the cheapest coach, then don’t expect to learn much.
Top universities for business in Malaysia would have the years of experience in teaching the course, qualified & experienced lecturers, top facilities, student support services, English-speaking student environment, multi-cultural student body, excellent internship programme and accreditation from MQA.
In addition, the youth unemployment rate in Malaysia, at 10.9 percent officially, is more than triple the national rate of 3.3 percent and has been gradually rising over the past decade. Unemployed youth make up almost 60 percent of the 504,000 currently unemployed. The prime reason for graduate youth unemployment is the mismatch of graduate qualifications with the country’s workforce needs. Graduate unemployment was 9.6 percent or 204,000 at the end of 2018.
Graduates being left behind, possess outdated information and lacking in relevant skills required by the industry, thus contributing to the rising unemployment rate. Therefore, if you don’t plan carefully, you may end up studying a business course that has no job demand after you graduate. This would be an incredible waste of your time and money.
Pathway Options after Foundation in Business
Here is a list of the top choices of Business courses for Malaysian students to choose from
- Accounting & Finance
- Actuarial Science
- Human Resource Management
- International Business
Studying a Business Degree Programme in Malaysia
A business degree prepares you for a career that may stretch across any sector or industry. Your career options are therefore varied. Obtaining the right business degree can offer you a bright future as the job demand and salaries for the various business careers are high.
The degree will take you 3 years to complete. You will also need to look at the necessary accreditations and recognition from professional bodies for your degree of choice. Accounting courses would need exemptions from professional bodies such as the ACCA, CIMA, ICAEW, etc while Actuarial Science would seek exemptions from SOA, IFOA, etc.
Not all courses with the same title will have the same subjects and academic aims. Every university in Malaysia will differ slightly in the subjects therefore you will need to look at the subjects to see which one fits your needs and career goals.
How to Choose the Right Business Course to Study?
It is important to choose the right course to study – you don’t want to waste your time and money on a course you don’t want to do (or end up dropping out of). To help you decide which course is right for you, make a list of courses that are of interest to you.
When choosing a course, it is important for students to look at the job demand to ensure that there would be a job when they graduate. In addition, check out the salary so that you know that the career that you are planning to choose can sustain your future lifestyle.
Malaysia’s Human Resources Ministry advised graduates entering the job market to study employment trends. Those thinking of manufacturing, wholesale and retail, and finance and insurance, should know that these sectors topped the retrenchment list last year, it said.
Students after SPM or IGCSE/O-Levels have 1 year in Foundation to really decide which business course that they want to major in for the degree. You will study various types of business subjects in the Foundation in Business. There, you will gain insight into what the courses are about and would be able to make a good decision.
Look at the Salary Reports and Job Demand Statistics to help you decide on which business course to choose. One of the main aims of studying is to find a job that has high demand and salary, so it makes sense to check out the reports to ensure that you are making the right choice.
Students who are interested in calculations can consider courses such as Actuarial Science, Finance, or Accounting. Courses where you relate and interact more with people are Marketing, Sales or Human Resource Management. To help you understand yourself and choose the right course, you may fill up our Free Career Test and then talk to our knowledgeable and experienced counsellors.
Choose a Top Business School
Investing in a top Business School will increase your chances of succeeding in the competitive business world. Top Business Schools have a proven track record of winning competitions, qualified & experienced lecturers, and providing a conducive environment to groom your critical thinking & soft skills.
Having gone through a Business degree course at a good private university in Malaysia you would have understood how businesses operates, how to develop a business, and to how to deal with the challenges from the various aspects of managing a business.
The right business course can lead to many attractive career opportunities in today’s competitive business world, and hundreds of companies are looking for highly-skilled professionals who can bring their companies to a higher level of success. A good business degree from a reputable university will help graduates to excel and put them on a fast track to reach higher level of management in any company.
Moreover, students should choose top universities in Malaysia that has an English-speaking environment so that it will help you to improve your language skills. Good English is important to obtain higher salaries and faster promotions in Malaysia. English-speaking environments promote critical thinking, problem-solving and leadership skills which enhance your career prospects.
Talk to the lecturers and find out from the counselors there if the courses have been accredited by MQA. The best universities and colleges in Malaysia have excellent facilities, years of experience running the programme, strong student support services, and experienced lecturers.
Don’t choose a university just because someone told you that it is good. Ask why is it good? Don’t choose because a university is “famous” because it has put out a lot of advertisements. Many Uncles and Aunties will give you their opinions. It is important to check out what they have said is true or not. Also, don’t go to a university because your girlfriend or boyfriend or friends are going there. The university will play an important part in building your knowledge, skills and character to face the challenges of the working world. If you are weak, then you would not be able to perform well enough to earn a high salary.
Students should try to decide on the area you want to work in and aim to get relevant work experience. You can gain work experience at university through extracurricular activities, such as club membership or taking a role on a society that will develop your team-building, business or finance skills. Participating in a solid internship or Co-Op programme provides commercial skills or gives you knowledge in business functions and how organisations operate will be helpful.
In conclusion, students should choose the best university in Malaysia to their business course so that you can gain the necessary knowledge and skills to be successful in your career. Don’t make the mistake of choosing the cheapest and nearest university, choose the best to be the best!
Entry Requirements to Study Business at Top Private Universities in Malaysia
Students after SPM or O-Levels may go for the Foundation in Business Commerce or Foundation in Arts at top private universities in Malaysia for 1 year before continuing on to the 3-year Business degree programme. You will need at least 5 credits including a Pass in BM and Sejarah. Certain business courses such as Accounting, Finance and Actuarial Science would require additional credits in Maths or Accounting subjects.
Students after the external Pre-University Programme such as UEC, STPM, A-Levels, SAM, CPU, AUSMAT, etc. may enter directly into the Business Administration or Business Management Degree programme with relevant results at the best university in Malaysia.
Alternatively, with 3 credits in SPM or O-Levels, students may go for the 2-year Diploma in Business Administration or Diploma in Accounting and then enter into Year 2 of the 3-year business degree at top private universities in Malaysia.
Entry requirements for Business would vary from university to university. Students may contact EduSpiral Consultant Services to find out the exact entry requirements for business courses at top private universities in Malaysia.