Best Universities in Malaysia for Top Accounting & Finance Courses

A List of the Best Accounting Degree Courses Offered by Top Ranked Private Universities & Colleges in Malaysia

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Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020. The Financial sector stands as one of the largest sectors in Malaysia with more than 300,000 people employed. This sector is made up by professionals in the Accounting, Banking, Economics, Finance, Insurance and Statistics and Taxation sub-sectors. An important industry for the country, it contributes up to 11 percent of the nation’s Gross Domestic Product (GDP). The role of the financial sector is envisioned to continue growing to be a key driver and catalyst of Malaysia’s economic progression.

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 & Finance degree. With so many universities and colleges in Malaysia offering the accounting degree coursestudents after SPM, O-Levels, UEC, A-Levels or STPM need to choose the best university that would equip them with the necessary knowledge and skills to succeed in the competitive workforce.

Part of finding the right college or university in Malaysia for you will be picking out the criteria that matters to most to you, and then seeing if any of the top private colleges or universities in Malaysia that you’re looking at fit those criteria. Choosing a university to study in Malaysia is one of the most important decisions you will make in your life. Your decision will be influenced by many criteria such as the reputation & ranking of the university, accreditation of its courses, the suitability of the course against your academic results and career goals, tuition fees, quality of lecturers, facilities, friends & family, and more.

Furthermore many of the top private universities in Malaysia offer similar Accounting & Finance courses therefore making your decision a challenging one! To help you develop a good list of criteria, you need to talk to the right counselors or education consultant who are knowledgeable and experienced.

For more information contact 01111408838

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced courselor will send you a message on WhatsApp & provide assistance from there.

Top Accounting & Finance Universities in Malaysia

My mother chatted with EduSpiral for months from Brunei & gathered the information. Finally, we made a trip to visit the universities and EduSpiral helped us to choose the right university
Wei En, Accounting at Taylor’s University

Choosing the best university or college that fits you for the accounting and finance course, you should look at the course content to see if it meets your career goals, ranking of the partner university if you want to work overseas, an English-speaking environment, campus facilities, lecturers’ experience, reputation of the university, student culture at the university, location, fees and internships.

If you want to work for the Big 4 Accounting Firms – KPMG, Deloitte Touche Tohmatsu, PricewaterhouseCoopers and Ernst & Young, you will need to achieve great results and be able to communicate well in the English language. Other top accounting firms in Malaysia that you can work for are BDO, Grant Thornton, Baker Tilly MonteiroHeng, DFK International and Halim & Lee.

There are many jobs out there for accounting & finance graduates but there is much competition because many students are taking this course. Therefore, students must choose the best university for the accounting & finance course so that you can gain the edge when they go out to look for work.

With so many universities and colleges in Malaysia offering the accounting degree coursestudents after SPM, O-Levels, UEC, A-Levels or STPM need to choose the best university that would equip them with the necessary knowledge and skills to succeed in the competitive workforce.

Students interested in taking the accounting degree at top private universities in Malaysia can consider the list below. Each private university has its own strengths and uniqueness that would fit you and equip you to be successful in your future career as an accountant in Malaysia.

  1. Heriot-Watt University Malaysia
  2. Asia Pacific University (APU) 
  3. Taylor’s University
  4. Multimedia University (MMU)
  5. Sunway University
  6. KDU University College Utropolis Glenmarie
  7. HELP University
  8. KDU Penang University College

Top Universities for Accounting & Finance in Malaysia

EduSpiral gave me in depth information on the accounting pathway & helped me to choose the right university
Gary Ng , Accounting Graduate from KDU University College

In order to succeed in the competitive field of accounting & finance, students must choose the best universities in Malaysia to study. The best university doesn’t necessarily mean the most expensive.

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.

After SPM or O-Levels, with 5 credits including Maths, students can enter into the Foundation in Business Administration or Foundation in Arts for a year and then continue into the degree for 3 years.

The other way is to go for the Diploma in Business Administration or Diploma in Accounting for 2 years and then enter into the Degree in Year 2 to finish that in another 2 years. You will need at least 3 credits in your SPM to join the diploma. After your degree, you can find a job and then take the final papers of the ACCA part time.

ACCA Exemptions for Accounting or Accounting & Finance Degrees in Malaysia

EduSpiral patiently provided information on many universities offering accounting. Then he met up with me & my parents to take us around the universities. EduSpiral helped me to choose the right university.
Chew Ling, Accounting & Finance at Taylor’s University

Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020. All Accountants have to abide by a strict code of ethics and maintain high professional standards.

All practising accountants must register with the Malaysian Institute of Accountants (MIA). The Accountant Act, 1967 recognises an Accountant as one who is a member of MIA. MIA members can either be registered as Registered Accountants, RA(M) or Public Accountants, PA(M).

Generally, an Accounting degree from a private university in Malaysia can gain exemptions until the final 5 papers of the ACCA. A maximum of nine papers at the Fundamentals level of the ACCA Qualification can be awarded.

A maximum of nine papers at the Fundamentals level of the ACCA Qualification can be awarded. To preserve the integrity and rigour of the ACCA Qualification and to ensure that all students share a common experience, ACCA does not award any exemptions at the Professional level.

Should you have a relevant degree from an ACCA-accredited institution in Malaysia, you may be granted exemptions of up to all 9 Papers at the Fundamentals Level. No exemptions are awarded at the Professional Level.

ACCA PROFESSIONAL LEVEL (Final 5 papers)
Essentials Module
P1        Governance, Risk and Ethics
P2        Corporate Reporting
P3        Business Analysis

Options Module (any 2 papers)
P4        Advanced Financial Management

P5        Advanced Performance Management
P6        Advanced Taxation
P7        Advanced Audit & Assurance

Professional Recognition for Accountants in Malaysia

  • Association of Chartered Certified Accountants (ACCA), UK
    Upon completion of the BA (Hons) Accounting & Finance degree, students are eligible for exemption from a maximum of 9 papers.
  • Certified Practising Accountant (CPA), Australia
    Upon completion of the BA (Hons) Accounting & Finance degree, students are exempted from the Foundation Level and they can proceed with the Professional pathway (6 subjects).
  • Malaysian Institute of Accountants (MIA)
    Upon completion of the BA (Hons) Accounting & Finance with 3 years relevant working experience plus completion of Professional qualification (ACCA or CPA), students are eligible to apply for membership of the MIA.

INTRODUCING THE ACCA ACCELERATE PROGRAMME

I received a lot of in-depth information about the course & university from EduSpiral. He took us around for a campus tour as well as the hostel in Cyberjaya.
Wen Hang, Actuarial Science at Heriot-Watt University Malaysia

All over the world, employers are seeking out ACCA members to take their organisations into the future. That’s because the ACCA Qualification creates strategic thinkers who understand business needs.

The good news is that when you join the Accelerate programme, you get to leap ahead on your journey to becoming an ACCA member – a chartered certified finance professional.

That’s because what you learn on your degree will count towards your ACCA Qualification. So by the time you graduate, you could have completed all the ACCA exams.

And the really great news is you can save considerable money by paying a reduced registration fee, discounted exemptions and special subscription fees. Please note that exemptions must be claimed before the waiver expiry date and at least one exam must be taken before the waiver expiry date.

WHAT’S IT LIKE STUDYING ON THE ACCA ACCELERATE PROGRAMME?

After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour.
Hui Ying, Diploma in Accounting at Asia Pacific University

Your university course is ACCA accredited, so it’s already aligned with our approach. In addition, you’ll get to study towards your final ACCA Professional-level exams, if you have the correct exemptions. You should check with your course leader to see if your course has conditional or non-conditional exemptions.

This means you’ll enter the workplace as an ACCA affiliate. You could become a qualified ACCA member in as little as 36 months after you graduate.

And all the while you’re studying with us, you’ll have access to free study resources and the ACCA Careers Job Board. You’ll be part of a worldwide community of ACCA students.

What is the ACCA Accelerate Programme?

The programme allows undergraduate students the option to take Professional ACCA papers (maximum 5
ACCA papers) before or after graduating from their degree course.

Students who sign up for the ACCA’s ACCELERATE PROGRAMME would enjoy many benefits, amongst them being:

  • Expedited pathway to becoming an ACCA member. Complete some or all of the ACCA papers before
    graduating.
  • FREE initial registration fees. Your initial ACCA registration fee of GBP79 will be waived
  • FREE annual subscription fees – two years including graduating year subscription fee of GBP170 will be waived
  • DEFERRED exemption fees – You need to only pay the exemption fee two years after graduation.
  • Membership in the exclusive Accelerate club that will provide access to events and promotion by ACCA.
  • Access to employers in the form of: Employer Fair at ACCA events, Trips to employers, Talks and
    Activities organised by employers.
  • Self-improvement opportunities from workshops conducted by ACCA.
  • Networking opportunities with students from various universities, employers and prominent
    ACCA members.
  • Receive Student Accountant Direct alerts — you will receive e-alerts such as career advice, study tips and ACCA news straight into your inbox.

ACCA will support students of ACCELERATE accredited programmes with the following:

  • Free initial registration fee
  • Free annual subscription fee of up to two years after graduation (inclusive of graduation year)
  • Deferred exemption fee payment (up to 24 months after graduation)

Suggested accounting pathway for students in Malaysia with weak English

EduSpiral emphasised the importance of having good English for our future career. I am glad to join a globalised university which has helped me to improve my communication skills. Vincent Yeoh, Accounting & Finance at Asia Pacific University

EduSpiral emphasised the importance of having good English for our future career. I am glad to join a globalised university which has helped me to improve my communication skills.
Vincent Yeoh, Accounting & Finance at 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 degree programme first where the degree 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.

Pathway to Becoming a Professional Accountant in Malaysia

Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020.

All Accountants have to abide by a strict code of ethics and maintain high professional standards. All practising accountants must register with the Malaysian Institute of Accountants (MIA).
The Accountant Act, 1967 recognises an Accountant as one who is a member of MIA. MIA members can either be registered as Registered Accountants, RA(M) or Public Accountants, PA(M).

After SPM, with 5 credits, students can go into the Foundation in Business for a year and then continue into the degree for 3 years. The other way is to go for the Diploma in Business or Diploma in Accounting for 2 years and then enter into the Degree in Year 2 to finish that in another 2 years. You will need at least 3 credits in your SPM to join the diploma. After your degree, you can find a job and then take the final papers of the ACCA part time.

Private Universities in Malaysia with First Rate Accounting & Finance Degree Programmes

“I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me.”
Kar Jun, Accounting graduate from Asia Pacific University

Top Ranked Private Universities & Colleges in Malaysia for Accounting, Management and Business Diploma Programmes

“EduSpiral helped me to transfer my Diploma & everything went smoothly. I also asked him to help my younger brother to find the the right university after his UEC”.
Haw Chieh, Graduated in Accounting from UCSI University

Business & Management Foundation Programmes at the Best Private Universities & Colleges in Malaysia

Setting up a Public Practice in Malaysia

Public practice is governed by the Act, the Rules and the By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants.

Under the Act, the person must be a member of the Institute, and is prohibited from public practice through a body corporate save where this is allowed by other statutes for limited areas of public practice, namely tax.

A member, in most instances, is allowed to be engaged in public practice as a sole practitioner or in partnership only with another member(s) as the Act and By-Laws prohibits the sharing of profits with non-members. All firms in public practice are described as firms of chartered accountants (or licensed accountants, where applicable).

Only members registered as chartered accountants with valid practising certificate can describe and hold themselves out as chartered accountants in public practice and are able to set up firms providing public practice services. Members in public practice may carry out public practice services such as accounting, audit, liquidation, tax and other related services. However, the practice of audit, liquidation and tax are licensed under other legislation.

Increased Demand for Well Trained Accountants in Malaysia

More accountants are needed for Malaysia to achieve Vision 2020 and be known as a high-income nation, said Malaysian Institute of Accountants (MIA) president Johan Idris.

“For a country to have a mature capital market, it needs accountants because we provide confidence and assurance. We have a role to play to ensure that the capital markets are robust and forward-looking,”

To-date, the statutory body has just under 30,000 registered members. This is in comparison to Singapore, which has a similar number of members registered for a population of roughly five million.

“Australia, with a population of about 28 million, has about 100,000 members,” he said.

He added that the quality of education was important because it equated to the future supply chain of accountants in Malaysia. Accounting firms are constantly on the lookout to hire competent accounting graduates.

“Suitable candidates are hard to find. MIA can talk to the minister responsible for this, in terms of how we want to bring the accounting profession to the next level,” he said.

Johan highlighted that more importance should be placed on improving the level of competency in the English language.

“Accounting is about communicating financial statements and what you have done to the public at large.

“If you aren’t able to communicate well and if your supply of graduates doesn’t have a strong command of the language, then you would not be as strong as what you ought to be,” he said. He added that while Bahasa Malaysia unified the country, English was still the language of commerce.

 

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and universities in Malaysia.

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get. These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable.

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.

These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.

If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.

Please contact us for more details.

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced courselor will send you a message on WhatsApp & provide assistance from there.

  1. I sat for AL in Srilanka and i am planned to do accounting and finance in Malaysia but I’m confused with the universities. canu you please rank the universities based on the quality of them.

  2. Hye, im a fresh graduate of dip. In accounting. Ive surveyed few univs and i chose ftms global college. Im not really confident of emrolling here since iver never heard of this college before. Do u have any advise or comment about this college? Thankyouu

  3. Hi i currently studying diploma in banking and finance in taruc and i wish to change my course to accounting and finance when i goes degree. taruc did offer that but i more prefer to stay in kl as the course only offer at penang branches.can you give me suggestion on where should i further to and is more cheaper as im nt from rich family.

  4. Hi, i planned to study Bachelor of Accounting & Finance. Im currently enrolled for diploma in business studies(accounting) in TAR College and had paid the fees. However, im now having doubts on my decision. I wished to study in overseas or overseas university that have campus in Malaysia. My concern is, do they accept graduates with diploma qualification? Another thing that concerned me is, am i eligible to apply for undergraduate scholarship(Shell, ASEAN, CIMB etc) after completing my diploma? If so, Will I be at a disadvantage compared to those with Alevels? Thank you very much!

  5. i got a unconditionall offer from both of these universities Asia pacific and UCSI for Accounting and Finance . i dont have the problem of budget so what do u advice for which university shoud i go ?

  6. fabulous potato

    I’m going to pursue my degree in accounting but I’m stuck between choosing University of Nottingham and Asia Pacific University. Which one would you suggest?

  7. I am a science stream student. I usually got an A+ for my maths and an A for my Addmaths. But i didnt take accounts. Do you think its okay if i take CAT? I do like things to do with maths but i never study accounts before. Is it okay?

  8. is there any local U that offers CAT program?

  9. is there any local U offer CAT?

  10. hai , im still waiting my result .. i am pure science and account student .. i think i will be studying account in future .. but then what’s the different between diploma and foundation ? and it’s it good to take form6 ?

    • A diploma is more specific to the course of interest where you will study subjects mostly related to the course. The Foundation you will study general subjects wide enough for you to consider different degree programmes. Not sure what you mean by is it good to take Form 6? Form 6 is a tough course and would require intellectual ability and consistent studying to succeed.

  11. Do Accounting and finance degree courses in University of Nottingham Malaysia good ?

  12. Is Help university BA(hons)accounting&finance -derby 3+0 a new course and the first intake?

  13. I’m so confuse in my career..so I really don’t know..what to study..so which one do you think accountancy,mlt or journalism… and I want to know the best college ?

  14. Md. Redwan Islam

    I have completed BBA in accounting subject from University of Rajshahi, Bangladesh now I want to do MBA in any reputed university of Malaysia in accounting. Please suggest me how can I get admitted and which university will be best for me.

  15. CARLOTTA NANCY D/O ESU

    Hi,actually i’m interested to study for accounting in management.So,which university are more suitable for it.

  16. I’m studying Diploma in Accounting at HELP college art and technology already 1 year. After 2 years will straight into the Degree programs. By the way, diploma students cannot take UOL program of the related 2 years of degree. Recently I have collected opinion from my friends/ seniors, and I received their feedback of Anglia Ruskin programs are not very good (maybe this programs still newly or what). Now my question is any University accept diploma student for 2 years of degree and any suggestion for me ?

    *Notes:actually I hope I can get oversea’s certificate, but finished all programs in local.

    Thank you so much 🙂

  17. Hi, I’m interested to study finance. Wanna ask that is UTAR ( perak campus ) a good choice for me to study this course?

  18. Hello , i maybe taking diploma in accounting , may i ask whether Tarc college is a good choice for me to study accounting at there ?

  19. Hye, i didnt take accounts in my spm and i did foundation in science. So will it be hard for me to do bachelor in accounting and which university will be the best for it?

  20. I’m interested to study accounting and finance. The help university has offered 3+0 University of Derby now. Do you suggest me study in this program?
    **I need a good environment to improve my english also**

  21. hi, i never study accounting in spm,would it be too hard if i want to study accounting in uni?
    what do you think about accounting offered by APU? thankyou.

  22. I want to ask inti is a good choice for accounting?

  23. im taking foundation in business and management. How about the university of nottingham malaysia campus?

  24. So MMU is not a good choice for accounting? Too bad my dad already signed me up for that uni & he already paid for everything. Btw, can u suggest the best uni for accounting and also for business ? Thanks 🙂

  25. I am interested in accounting, is tat MMU which located in Malacca is good?

  26. i would like to study at Help university.so it impossible for me to get scholarship now?

  27. if i am SPM leaver 2012,i only enter A level at July next year,will it be too late?when i ,finish a level,i will at 21 years old,tough to apply for scholarship?

    • What will you be too late for? There is no age limitation to study at the private universities. Scholarships will be near impossible as they are generally allocated for graduates for graduates from the particular year. Where do you want to study your ALevels?

  28. I need an university with an English speaking environment and i decided to take Accounting/Accounting & Finance in the future. May I know is there any of the universities fulfill my demand? And i hope it’s affordable to let me pursue my studies. Thanks.

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