Find Out What You Will Study in the Banking & Finance Degree Course at Top Private Universities in Malaysia
Banking and finance is a unique business niche. It combines rigorous research with a practical mathematical foundation. In your banking and finance studies, you will develop a thorough knowledge of commercial and investment banking as well as the changing structure of the international financial industry. It also covers principles and practice of modern banking, ethics and regulation.
Furthermore, the course will equip you with a unique critical understanding of today’s financial global economic system. Explore tax and investment planning, credit, portfolio and risk management and other practical issues from a local and international perspective. It may also cover principles and practice of modern banking, ethics and regulation. You will also study research methodologies from both economic and finance perspectives and explore new regulations created in the wake of the financial crisis.
Studying banking and finance at a top private university in Malaysia is a good choice as it will have the resources to equip you to face the challenges of the workforce. It will also help to develop technical and critical thinking skills in a supportive and nurturing environment.
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Study at the Best Universities in Malaysia for Banking & Finance
Darren, Finance & Investment Graduate from UCSI University
The main difference between banking and finance is that banking is a specific subset of finance. While banking is focused on managing deposits, loans, and other financial products and services provided by banks, finance covers a broader range of activities related to managing money and investments.
Finance is a dynamic and ever-changing field that involves the evaluation of alternative choice investments, the monitoring of performance and the management of funds.
It uses, analyses and interprets data from companies’ operations, business units and accountants to make critical decisions on the companies’ day-to-day activities, investments, financing and risk management.
Finance plays an important role in almost all areas of business management and involves corporate strategy, marketing management, the design of reward packages, control and operations management. Therefore, studying finance is a must to all business students at university level.
There is a demand for top graduates in banking and finance in Malaysia. Salaries for banking & finance graduates in Malaysia can be very high.
In order to succeed in the competitive banking & finance industry, 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 accounting, banking & finance programmes, excellent facilities, top lecturers, student support services and an English-speaking student environment. Graduates from accounting programmes are able to work in the banking and finance industry therefore the degree courses are included in the listing.
Why Study at the Best Private Universities for Banking & Finance Degree Programmes?
Vincent Yeoh, Accounting & Finance at Asia Pacific University
There is a demand for top graduates in banking and finance in Malaysia. Salaries for banking & finance graduates in Malaysia can be very high.
In order to succeed in the competitive banking & finance industry, 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 accounting, banking & finance programmes, excellent facilities, top lecturers, student support services and an English-speaking student environment.
Graduates from accounting programmes are able to work in the banking and finance industry therefore the degree courses are included in the listing.
Recognition & Accreditation
The Banking & Finance degree programmes at the private universities should be accredited by the Malaysian Qualifications Agency (MQA).
Professional Certification
Banking and Finance graduates may go for the the professional certifications by
- FPAM – Financial Planning Association of Malaysia
- Certified Financial Planner (CFP)
- Asian Institute of Chartered Banker (AICB)
Specialised Labs
At some private universities students have access to state-of-the-art trading rooms, helping you develop practical skills for your career. Additionally, students have the chance to gain certification for taking part in Bloomberg Core Concepts training as well as to participate in a live trading simulation.
Duration
Banking & Finance degree programmes will take 3 years to complete. This doesn’t include Pre-University for students who are after high school. Depending on the Pre-U programme, it will range from 12 months to 24 months to complete.
Which are the Top Private Universities in Malaysia for Banking & Finance?
Chew Ling, Accounting & Finance at Taylor’s University
There is a demand for top graduates in banking and finance in Malaysia. Salaries for banking & finance graduates in Malaysia can be very high. In order to succeed in the competitive banking & finance industry, students must choose the best universities in Malaysia to study.
Moreover, students should choose the right university that fits them which has a good reputation for banking & finance programmes, excellent facilities, top lecturers, student support services and an English-speaking student environment. Graduates from accounting programmes are able to work in the banking and finance industry therefore the degree courses are included in the listing.
- Heriot-Watt University Malaysia
- University of Nottingham Malaysia Campus
- Monash University Malaysia
- Taylor’s University
- Asia Pacific University (APU)
- Sunway University
- HELP University
- UOW Malaysia
- Multimedia University (MMU)
- UCSI University
Education Pathway to a Banking & Finance Degree in Malaysia
Students after SPM or IGCSE/O-Levels with at least 5 credits including the relevant subjects may enter a Foundation in Business or Foundation in Arts at a top private university in Malaysia for 1 year before continuing on to the 3-year banking or finance degree programme.
Pre-University graduates in Malaysia from programmes such as UEC, STPM, A-Levels, SAM, CPU, AUSMAT and others may enter directly into the degree providing they meet the minimum entry requirements.
Students with at least 3 credits in SPM or IGCSE/O-Levels may go for the Diploma in Accounting or Diploma in Finance and then enter into Year 2 of the accounting, banking or finance degree programme.
What you will study at a top course in Banking & Finance in Malaysia?
Bryan & Wen Kai, Fintech at Asia Pacific University (APU)
Those who intend to undertake undergraduate degree studies in finance should expect challenges particularly in the form of financial theories and formulas. However, these can be overcome by a good understanding of Mathematics to start off with – Additional Mathematics will be an added advantage.
The Banking and Finance degree course provides a thorough grounding in both theory and current practice, including specialist modules in commercial banking, investment banking and risk management in banking. In addition, students will also develop the analytical, quantitative, research and communication skills required by leading employers in retail and investment banking, and financial services more generally.
Graduates who major in Banking and Finance in Malaysia will be equipped with the necessary skills in critical thinking, problem solving, leadership and interpersonal communication and computing.
They will also deal with asset valuation, financial asset pricing, financial modeling using spread sheet techniques and capital budgeting decisions and risk management. Though a finance degree course followed by a finance career involves a long and difficult journey, there is usually a pot of gold at the end of the rainbow and it’s very much worth a lifetime’s journey.
Studying Finance in Malaysia
Chee Kin, Actuarial & Finance Graduate
Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. The term finance may thus incorporate any of the following: * The study of money and other assets* The management of those assets* Profiling and managing project risks* As a verb, “to finance” is to provide funds for business. Finance is the most encompassing of all business enterprises. To understand finance you must know about the entire business, indeed the entire economy.
“Finance” is a broad term that describes two related activities: the study of how money is managed and the actual process of acquiring needed funds. Because individuals, businesses and government entities all need funding to operate, the field is often separated into three sub-categories: personal finance, corporate finance and public finance.
All three categories are concerned with activities such as pursuing sound investments, obtaining low-cost credit, allocating funds for liabilities, and banking. Yet each has its own specific considerations. For example, individuals need to provision for retirement expenses, which means investing enough money during their working years and ensuring that their asset allocation fits their long-term plans. A large company, on the other hand, may have to decide whether to raise additional funds through a bond issue or stock offering. Investment banks may advise the firm on such considerations and help them market the securities.
As for public finance, in addition to managing money for its day-to-day operations, a government body also has larger social responsibilities. Its goals include attaining an equitable distribution of income for its citizens and enacting policies that lead to a stable economy.
Are candidates with professional qualifications more valuable than those with a degree in finance?
Chun Tim, Foundation in Business into Finance at Taylor’s University
In addition to an undergraduate degree, professional qualifications can help a candidate stand out from the crowd when there are several otherwise equal candidates with the same levels of experience. Choosing to study a professional course will always be looked upon favourably as it shows a commitment to improving your skills.
For example, the Chartered Financial Analyst (CFA) qualification can be valuable as it is occasionally a requirement for front office related banking roles, particularly in investment research type positions. Alternatively, in Hong Kong some employers want to see that candidates have completed a master’s degree or have plans to continue further education to advance themselves, as opposed to having the CFA qualification.
In functions like compliance, certain professional qualifications like Certificate of Anti-Money Laundering (CAMS) are mandatory. This usually applies to newly set-up functions whereby they need professionally qualified individuals to be able to drive new initiatives in-house.
What Skills Should You Have In Order to Be Successful in Your Future Career?
The ‘soft skills’ of problem solving, communication and open-mindedness are considered the most critical to success in multiple industries including banking and finance, and these skills are sought by employers in both the West and Asia.
These soft skills can include anything from being able to work efficiently as part of a team and build relationships, to the manner in which phone calls and emails are handled, to giving presentations in front of clients and management as well as getting buy-in internally and externally.
Organisational skills are also commonly cited by employers as a soft skill they value and look for. There are plenty of ways you can demonstrate your organisational skills, from running events to breaking a large project down into manageable pieces or planning your busy workload to ensure all tasks get done on time.
Finally, candidates with strategic ability who are able to see how businesses can be impacted by broader business trends are becoming increasingly sought after. For this reason we encourage candidates to volunteer to chair meetings, help run a team project or mentor a junior member of the team.
The most ‘exportable’ class of finance professionals are probably based in either Singapore or Hong Kong and have worked for large multinational companies (MNCs). This is due to these countries’ Financial Services industries being more developed compared to Malaysia, for instance.
In fact, they are the regional hubs within Asia Pacific and their branches in Malaysia tend to report in to these countries. As such, the exposure that professionals receive in Singapore and Hong Kong is a lot more extensive and results in them developing better skill sets. To a certain degree this can be reversed by attracting Malaysian candidates who have worked overseas or by having businesses focus on talent from overseas although there are regulatory challenges around doing this.
Employers outside Asia increasingly value talent with international experience and an international mindset. These candidates are highly valued since they have worked in an MNC and also have local cultural understanding and knowledge of how business is done in Asia.
These candidates also develop cross-cultural communication skills, which can only come from being immersed in another culture. Their knowledge gives them intercultural understanding and cultural adaptability. With an increasing number of MNCs establishing or expanding their regional offices across Asia, demand for local talent with global business experience and acumen will only continue to increase.
Therefore, students should seek out private universities that have an English-speaking student environment with a lot of international students. This will help you to improve your language skills as well as expose you to multi-cultural skills and communication. Upon graduation, look for job opportunities in Singapore and develop your global business experience.
I am a remisier, what are qualifications I could pursue to advance my career further?
You may go for finance professional courses like Chartered Financial Analyst (CFA) from CFA Institute. Certified Financial Planner (CFP) from Financial Planning Association of Malaysia (FPAM) Registered Financial Planner (RFP) from Malaysia Financial Planning Council.
if i choose not to work at a bank, what are the other options i can work at?
There are different financial institutions, investment companies and even insurance that you can consider
What are the chances of admittance to a profound university for a banking and finance diploma holder from Polytechnic? with a CGPA of 3.9
I am not sure what is a profound university. You need to submit the transcripts, course outline, SPM cert and Letter of Completion for exemption evaluation for entry into the degree.
What are the job prospects for this banking and finance??
Job prospects are very good as there are banks every where in Malaysia. The government is also investing money into this area as well.
May I know the lowest entry requirement?
You will need at least 3 credits in SPM and a pass in BM to join a Diploma in Business before going into Year 2 of the degree in Banking and Finance.
do u have postgarduate prog for this
What is your qualification? I only recommend universities who offer the courses and yes, there are universities who offer postgraduate courses for Banking and Finance. You may email me with your full name and handphone number for more details.