What Students Must Know About the Diploma in Business Courses offered at Private Universities & Colleges in Malaysia

Choose to Study a First Rate Diploma in Business Course at the Best Private Universities & Colleges in Malaysia

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If you are interested in studying business after your SPM or O-Levels, choosing Diploma in Business could be your first smart business decision. A Diploma in Business provides a broad-based business education with exposure to global perspective of business. The diploma prepares students for future, building in them lifelong fundamental values and skills.

Business administration covers a wide area of different types of management positions. From major companies to small & medium businesses, every operation needs skilled administrators in order to be successful. Business administration graduates can find jobs in almost any company and industry in Malaysia. Companies need these professionals to ensure the smooth running of the daily operations.

With the general knowledge gained in the business administration course, graduates are able to have a birds-eye-view of the entire operations. Graduates can find work in human resource, marketing, sales, management, or just as administrators at companies in Malaysia.

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List of Private Universities & Colleges in Malaysia Offering the MQA Accredited Business Diploma Programmes

A Diploma of Business Administration will provide you with a thorough understanding of a particular aspect or area, in this case, business administration.

Business Studies programmes covered by the Programme Standards according to MQA should provide a broad, analytical and highly integrated study of business and management which will cover at least the following areas; Human Resource Management, Marketing, Accounting and Finance, Business Economics, Management, and Decision Science.

Malaysia’s outstanding private universities & colleges for students after SPM or IGCSE O-Levels to study the Diploma in Business Administration are:

1. Diploma in Business programme at Taylor’s University
2. Diploma in Business Administration at Asia Pacific University (APU)
3. Diploma in Business Administration at UOWM KDU University College, Utropolis Glenmarie.
4. Diploma in Business at HELP University Subang 2 and Damansara Heights campuses
5. Diploma in Business at UOWM KDU Penang University College
6. Diploma in Management at Multimedia University (MMU) Cyberjaya
7. Diploma in Business Administration programme at Multimedia University (MMU) Melaka
8. Diploma in Business Administration programme at First City University College (First City UC)
9. Diploma in Business Management at Saito University College
10. Diploma in Business at MAHSA University

Education Pathway

With any 3 credits in SPM including a Pass in BM & Sejarah, you can go for the Diploma in Business Administration course at a top private university in Malaysia. Duration for the Diploma is 2 years (6 semesters).

After the 2-year diploma, you can continue on to Year 2 of the Degree at the same university or college if the degree course is offered. There is no need to perform exemptions if you continue on to degree at the same university.

Alternatively, you can transfer your diploma credits into another university to enter into Year 2 of the degree for another 2 years depending on the exemptions. 

After the Diploma course, students can enter a wider variety of business courses such as Business Administration, Management, Marketing, Human Resource Management, Logistics, and more.

Entry Requirements for the Diploma in Business

Entry requirements would vary from university to university. Some universities may require a pass in Mathematics as well. Below is the general entry requirements for most private universities.

• SPM: Minimum 3 credits and at least a pass in BM, History and English
• UEC: Minimum 3 Bs and at least a pass in English
• GCE 0 Level: Minimum 3 credits and at least a pass in English
• Pass Certificate in the related field from a recognised institution

Transferring Credits for you Business Diploma to the Degree at Another University

After completing the Diploma in Business, you can either continue on to the degree course at the same university or transfer to another university. In order to transfer to another university you would need to provide the documents for them to evaluate for exemptions.

Generally, you can transfer your diploma credits into another university to enter into Year 2 of the related degree course for another 2 years depending on the exemptions. It will take about one to three weeks for the university to perform the exemption evaluation.

Students can choose from a wide variety of business degree courses to study. You can read this article, Top 10 Business Courses to Study in Malaysia to find out more.

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

PTPN Loan for Diploma in Business

Please note that there is no PTPN Loan for Foundation. For the Diploma you can apply for the PTPN Loan 

Why Study the Diploma in Business instead of Foundation?

If you are sure of what course you want to study for your degree, you can just go straight into the Diploma course. If you are not sure of what you want to study in the degree, students can go for Foundation course such as Foundation in Arts or Foundation in Business. You will one year to decide on what to take for your degree.

You can apply for the PTPN Loan for the diploma while there is no loan for the Foundation.

In the diploma you will study subjects related to your course while in the Foundation, you will study general subjects mostly unrelated to your course. Some diploma courses are 2 years while others are 2.5 years.

If it is 2.5 years, you may take longer to complete your degree. If it is a 2-year diploma, then the time taken is the same to complete the degree when you take Foundation.

• 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)

Assessments

The Diploma in Business is in a continuous assessment mode which is a mix of Assignments and Examinations.

• Written assessment
• Practical assessment
• Oral assessment
• Industrial attachment/internship
• Final examination

Methods of Delivery

• Lectures
• Tutorials
• Field visits (e.g. business organisations, universities, non-governmental organisations, government-related corporations, etc.)
• Scenario-based learning
• Guest lecture series (prominent speakers from the industry and academic institutions)
• Interactive learning

Sample of Subjects that you will take in the Diploma in Business Course

Business Administration students will study a wide range of business-related subjects such as accounting, business principles and procedures, human resource management, finance, economics, marketing and law, etc. Generally, students will take about 5-7 subjects including MPU subjects a semester.

Students are required by the government to take about 3-4 MPU subjects during their diploma studies. You will need a Minimum of 90 Credits or 30 subjects to Graduate.

• Introduction to Business
• IT Application for Business
• Microeconomics
• Principles of Accounting
• English
• Business Mathematics
• Introduction to Finance
• Principles of Marketing
• Business Statistics
• Financial Accounting
• Human Resources Management
• Organisational Behaviour
• Principles of Management
• Business Communication
• Macroeconomics
• Business Ethics
• Business Law
• International Business
• Management Accounting
• Consumer Behaviour
• E-Commerce
• Entrepreneurship
• Fundamentals of Marketing Research
• International Marketing
• Introduction to Investment
• Management Information Systems
• Public Relations
• Academic Research Skills
• Fundamentals of Entrepreneurship
• Quantitative Methods
• People Management
• Financial Accounting
• Marketing
• Business Economics

Aims of the Diploma in Business Programme according to the Malaysian Qualifications Framework (MQF)

The programme aims to provide students with broad-based knowledge, technical, operational and entrepreneurial skills to perform effectively and ethically within their specific areas of Business Studies, hence inculcating the desire for lifelong learning and career development.

DIPLOMA Learning Outcomes

Upon completion of the programme, graduates will be able to:

• outline the relevant concepts and theories;
• apply practical and theoretical understanding to solve business problems;
• show entrepreneurial skills in addressing business issues;
• demonstrate teamwork, interpersonal, effective communication and social skills;
• display professional and ethical business conduct; and
• use the skills and principles of lifelong learning in their academic and career development.

The Business Studies programme mainly prepares and provides students the necessary knowledge, skills and practices of the different forms of organisations (for example, cooperatives, sole proprietorships, partnerships, private and public companies) to achieve a goal or a set of goals of these organisations, which could include profit maximisation and expansion of business. Legislation and trade agreements take into account their impacts on different stakeholders of the organisations in the market and non-market environments.

It is also helpful to look at Business Studies from the outcomes of completing a Business Studies programme. Accordingly, a Business Studies programme is designed to:

i. provide a comprehensive introduction to the key elements of business organisations, the competing theories and models of the firm and its environment, and to provide a critical perspective on the main functional areas of business and management;
ii. develop analytical skills to identify the links between the functional areas in management, organisations, management practices and the business environment;
iii. provide students with the ability to understand and critically evaluate evidence relating
to management practice; and
iv. provide students with the knowledge and skills to succeed as the managers of tomorrow
in business, government and social enterprises around the world.

Based on this premise, the Business Studies programmes covered by the Programme Standards should provide a broad, analytical and highly integrated study of business and management which will cover at least the following areas:

1. Human Resource Management
2. Marketing
3. Accounting and Finance
4. Business Economics
5. Management
6. Decision Science

Description of the Areas of Business Studies in the Diploma

Human Resource Management

Human resource management (HRM) is concerned with people management issues and problems in organisations. The predecessor of HRM is personnel administration, which is basically administrative in nature. HRM is slowly being accepted as a shared function between line management and human resource (HR) management in organisations. As such, HR managers and departments are required to manage employees jointly with line managers and line departments for better business performance. Accordingly, line managers and departments must learn to manage their own HR in their respective departments with
the assistance of HR managers and/or departments, who are the experts in people management.

Marketing

Marketing is the activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at large (American Marketing Association, 2014). It can be looked at as an organisational function and managing customer relationships in ways that also benefit the organisation and its shareholders. Marketing is the science of choosing target markets through market analysis and market segmentation, as well as understanding consumer buying behaviour and providing superior customer value.

Accounting and Finance

Accounting and finance are part of the decision-making, planning and control subsystems of an enterprise. They essentially deal with problems and issues which are of primary concern to corporate managers and all of the considerations needed to make financial decisions both inside and outside firms. A key part of accounting is reporting the performance and position of the business to external users. It also deals with the internal control and management of resources. The part that relates to finance examines the techniques used by firms to value real investment projects and the models used by investors to value bonds and stocks.

Business Economics

Business economics is concerned with economic issues and problems that are related to the organisation, management and strategy. Economics issues could relate to reasons as to why firms emerge and exist, the need to expand and the relationships of firms with employees and stakeholders. Stakeholders include banks, customers and the government, and the interactions between firms and the business environment. Economic decisions have a vital influence on the quality of life experienced by people. Therefore, the study of economics assists individuals, groups and societies to make choices that enable them to
improve their quality of life.

Management

Management is about developing and implementing concepts in order for a business to run smoothly and accomplish its vision, goals and objectives. It comprises planning, organising, staffing, leading or directing, and controlling an organisation or initiative to accomplish a goal. Management also involves leveraging the human capital of an enterprise to contribute to organisational success. This area presents creative and innovative approach in addressing the challenges of globalisation and sustainability. There are several subdisciplines under the area of management such as general management, entrepreneurship,
international business, business communication, and business law and ethics, to name some.

Decision Science

Decision Science is an interdisciplinary area which involves the application of quantitative and behavioural methods to analyse and address the problems of an organisation. It focuses on how to develop the abilities of individuals to assess decisions affecting the organisations they work for.