What are the entry requirements for the Diploma in Accounting at the Best Universities in Malaysia?
Written by EduSpiral Consultant Services. For more information contact 01111408838
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. 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.
Students after SPM or O-Levels interested in a career in accounting can go for the 2-year Diploma course at top private universities in Malaysia instead of an external Pre-University Course like SAM, AUSMAT or A-Levels. The Diploma courses are generally cheaper than the external Pre-University programmes and easier. If you do not plan on going overseas for your degree programme, then it is better to go for the Diploma in Accounting at a top private university in Malaysia. To enter into the Diploma in Accounting course at private universities and colleges in Malaysia, students after SPM or O-Levels would need at least 3 credits in the relevant subjects with a pass in BM and Sejarah.
It can be a bit confusing for students after SPM or O-Levels to enter into their diploma course of interest. Many students assume that the entry requirements are the same for all universities in Malaysia. Some students with 3 credits in SPM have checked with TAR University College to find out that their entry requirements is 5 credits for Diploma courses, therefore, they sign up for the 1 year 4 month Certificate Course at TAR University College without realising that the entry requirements for all the rest of the private universities & colleges in Malaysia for Diploma is only 3 SPM Credits. Students should research and check the information carefully before joining any university or college in Malaysia.
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Accounting Diploma Courses Admission Requirements at Top Private Universities & Colleges in Malaysia
You will need at least 3 credits in SPM or O-Levels including Maths or Accounting with a pass in BM & Sejarah to join the accounting diploma course in Malaysia. Please contact us for the details.
A credit in SPM or O-Levels is A, B or C. D & E are passes.
After the 2-year diploma in accounting programme, you will then enter into Year 2 of the Accounting, Accounting & Finance, Banking & Finance, Finance & Investment or Finance degree programmes at top private universities in Malaysia for another 2 years.
To enter into the Accounting degree programme, diploma students must have at least MUET Band 2 or IELTS Band 5.5 or TOEFL 550 (A compulsory requirement from MQA)
You will need at least 3 credits in SPM and a pass in BM & Sejarah to enter into a Diploma course at most private universities and colleges in Malaysia. However, to enter TAR University College or TARUC diploma programmes, you need at least 5 relevant credits including English. Some students without a credit in English would sign up for the English course at TAR University College.
Most private universities and colleges in Malaysia only require a Pass in English. That’s the only college in Malaysia that requires 5 SPM credits to enter into all of their diploma courses. Students with 3 SPM credits can only enter into the Certificate courses at TAR UC for 1 year 4 months before entering into the Diploma courses.
|C+||B6||U – Ungraded||C+||F|
Transferring your Diploma in Accounting to a Degree Course in Malaysia
If you had taken a diploma course, you can transfer your credits into Year 2 of a relevant degree. Taking the Diploma in Information Technology, you can generally be accepted into Year 2 of the Accounting, Accounting & Finance, Finance & Investment, Banking & Finance, Actuarial & Finance, Financial Economics and other related degree programmes. At some universities, you may not get full exemptions as the subjects may not be similar, so you may have to enter into Year 1 second or final semester.
If you are continuing on to the degree programme at the same university after your diploma, there is no need to do an exemption as it will be automatic.
To perform the exemption exercise to transfer to another university for the degree, 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
It will take some time to perform the exemptions so you need to submit the documents early.
Upon completion of the accounting degree programmes, graduates will have 9 paper exemptions from the total of 14 ACCA papers. I would recommend students who are weak in the English language to go for the accounting degree course first and then only pursue the ACCA. The ACCA is exam-based and marked in the UK.
So, Which is the Best College or University in Malaysia to study the Diploma in Accounting Course?
In order to succeed in the competitive field of accounting, students must choose the best universities in Malaysia to study. Students should choose the right university that fits them which has a good reputation for business programs, excellent facilities, top lecturers and an English-speaking student environment. 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.
EduSpiral Consultant Services has worked in the education industry for more than 15 years counseling thousands of students. We represent many reputable and top universities in Malaysia. Every student is different, therefore, we have to talk to each person and treat them like an individual to find out which university is the best that would suit their personality, financial and career goals.
Choosing a university is important as it will help to shape your mind, character and help you to develop the necessary skills for a successful career. Therefore, not all private universities are the same. You should not choose a university because it is the cheapest, easiest and nearest. It should be based on which university that best fits your needs.
Many students in Malaysia also make the common mistake in choosing a university because their friends are going there. I even had one student tell me that his choice of university depends on where his girlfriend is going! This is one of the most important decisions that may change your life forever hence it should not be taken lightly.
At EduSpiral Consultant Services, I have worked in the private higher education industry in Malaysia for more than 15 years advising students with facts and evidence on how to choose the right course after SPM. You should carefully think about what are the options available to you. To choose the best course that fits you, students may fill up our EduSpiral Career Assessment form for evaluation.
The EduSpiral Career Assessment form is a simple form designed by us that gathers information from students after SPM, O-Levels, UEC, STPM or A-Levels in order to assess their aptitude helping us to determine the most suitable course and career progression. After knowing which course, we can then determine which private university in best for that course.
Top Reasons to Study the Diploma Programme in Malaysia
- The diploma programme develops both academic understanding and practical skills required for careers in the professional ﬁeld.
- Entry requirement is 3 relevant credits in SPM or O-Levels
- You will study the subjects for the course that you are interested in
- The diploma course is more practical and application of concepts
- PTPN Loan is available
- You can stop at diploma level to start working
- Completed in 2 or 2.5 years
- You can complete a diploma in 2 years while those taking STPM would complete theirs at about the same time and it is only a Pre-U level
- The Diploma programme is easier than the STPM or A-Levels course
PTPN Loan for Diploma in Accounting Course in Malaysia
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
PTPN Loan Amount
|PERINGKAT PENGAJIAN UNTUK IPTS||JUMLAH PEMBIAYAAN SETAHUNMENGIKUT PERINGKAT*|
|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:-
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).