Study Economics Courses in Malaysia For International Students Complete Guide

Study Economics Courses in Malaysia

Study Economics Courses in Malaysia is an interesting field that students can develop their carrier in various fields. Studying economics in Malaysia provides access to a wide range of options, from understanding international economic trends to tackling regional issues like poverty and development. Malaysia is strategic location so in this country there are many universities that offers this course such as UPM, UNITEN, Taylor’s, Southampton, Nottingham, Lincoln and many more.

These programs prepare students for professions in banking, policymaking, research, and other fields by giving them exposure to real-world economic issues, practical knowledge, and analytical abilities. Malaysia is a great place to study economics, regardless of your interests in examining the dynamics of international trade or resolving social issues.

What is Economics?

At its most basic level, economics deals with the distribution of limited resources. Economics examines how governments, corporations, and individuals use and distribute resources to meet their needs and desires since resources (such as money, goods, and services) are finite.

Economics is a part of almost every part of our life. For instance, because of the strong demand for their services (this is known as supply and demand), you can anticipate paying more if you’re looking for services like Grab during peak hours. Because some passengers are ready to pay these costs, this could encourage Grab drivers to drive despite the heavy traffic. This is another topic from economics: incentives.

Macroeconomics and microeconomics are the two primary subfields of economics.

While microeconomics is a more focused study of macroeconomics, macroeconomics is the study of the economic activities of a market or nation as a whole. Microeconomics is the study of the interactions between people and industries.

Best University for Study Economics Courses in Malaysia

1. Universiti Putra Malaysia (UPM)
2. Universiti Pendidikan Sultan Idris (UPSI)
3. UNITEN (Universiti Tenaga Nasional)
4. Multimedia University (MMU)
5. University Kuala Lumpur (UniKL)
6. Taylor’s University
7. University of Southampton Malaysia (UoSM)
8. Nottingham University Malaysia
9. Management and Science University (MSU)
10. UCSI University
11. UNIRAZAK University
12. Infrastructure University Kuala Lumpur (IUKL)
13. Lincoln University (LU)
14. Kings University College

What are Entry Requirements of Study Economics Courses in Malaysia?

Qualifications:

• Senior High School Certificate (SHSC), High School Certificate (HSC), or Grade 12 with specific grades (e.g., B+ in Mathematics)

English Proficiency:

• IELTS (Academic) score of at least 6.0, TOEFL iBT score of at least 90, or equivalent qualifications.

Other Requirements:

• GCE A-Level with specific grades in relevant subjects.

Note: In some university’s entry requirements may be higher or lower make sure that university entry requirements read carefully.

What Will You Study in Economics?

A degree in economics is intended to give you a broad variety of information and abilities pertaining to the financial and economics sectors.

In your first year, you are usually introduced to the fundamentals of corporate accounting, finance, macroeconomics, and microeconomics. Typical subjects taught in the first year of an economics degree include the following:

• Introduction to Microeconomics
• Introduction to Macroeconomics
• Principles of Marketing
• Introduction to Management
• Quantitative Methods

Core courses in your second and third years can include econometrics, international trade policy, and advanced microeconomics.

As part of their degree programs, some colleges may require students to complete mandatory work internships, which can help them put what they have learned in class into practice.

What Skills Do You Need for an Economics Course?

Good analytical skills: Data analysis, computation, and market prediction are all necessary for some aspects of economics. Numerous factors might affect your predictions, so if you want to solve challenging issues and have logical, analytical thinking skills, you might succeed in economics!

Ability to communicate effectively: Although the fact that the industry requires calculations and forecasts, you must also be able to effectively convey your results and reports in reports or presentations. You might have to give others outside of your profession an explanation of your summaries, conclusions, and suggestions.

Ability to work under pressure: Economists are essential to governments and businesses, and they frequently work on studies and data that influence policy and corporate choices. As a result, they frequently operate under pressure to deliver conclusions or reports or to respond to specific data demands.

Carrier Opportunities in Study Economics Courses

Graduates in economics can look for work in a variety of sectors, such as government agencies, research businesses, think tanks, and financial institutions like banks and brokerages.

Here are some Economics-related careers that you can seek upon graduating:

• Economist
• Market research analyst
• Policy analyst
• Economics journalist
• Economics lecturer

Other careers where your degree would be useful:

• Management consultant
• Statistician
• Data analyst
• Financial risk analyst
• Accountant

Best University for Study Economics Courses in Malaysia Fees

 1.Universiti Putra Malaysia (UPM)

Bachelor Program

Program Name	Duration	Per Semester	Per Year	Total Fees
Bachelor of Economics	4 Years	RM 6,250	RM 12,500	RM 50,000

2.Universiti Pendidikan Sultan Idris (UPSI)

Bachelor Programs (Education)

Program Name	Duration	Per Semester Fee	Total Fees
Bachelor of Education (Economics)	4 Years	RM 2,308	RM 22,654

Bachelor Programs (Non-Education)

Program Name	Duration	Per Semester Fee	Total Fees
Bachelor of Economics (Finance)	4 Years	RM 2,308	RM 22,654
Bachelor of Economics (Islamic finance)	4 Years	RM 2,960	RM 27,970

3. UNITEN (Universiti Tenaga Nasional)

Foundation Program

Program Name	Campus	Duration	Total Fees	Fees (USD)
Foundation in Economics Management	Pahang	1 Year	RM 19,800	$ 4,950

4.Multimedia University (MMU)

Bachelor Program

Program Name	Duration	Yearly Fees	Total Fees
Bachelor of Analytical Economics (Hons.)	3 Years	RM 25,000	RM 65,000

Master’s Program (By Research)

Program Name	Duration	Yearly Fees	Total Fees
Master of Economics	1 – 3 Years	RM 5,500	RM 13,350

Master’s Program (By Research) (Melaka Campus)

Program Name	Duration	Yearly Fees	Total Fees
Law & Economic	2-5 Years	RM 7,750	RM 18,000

PhD Program (By Research)

Program Name	Duration	Yearly Fees	Total Fees
Economics	2-5 Years	RM 5,550	RM 15,300
Law & Economic	3-5 Years	RM 5,550	RM 20,250

5.University Kuala Lumpur (UniKL)

Bachelor Program

Program Name	Intake	Duration	1 Year Tuition Fees	1 Year Tuition Fees	Total Fees
Analytical Economics (Hons)	Jan & Sept	3 Years	RM 21,160	$ 4,702	RM 63,480

6.Taylor’s University

Bachelor Program

Program Name	Duration	1st Sem Tuition Fees	Total Tuition Fees
Bachelor of Business (Honours) in Finance and Economics	3.2 Years	RM 31,470	RM 128,982

Bachelor Program

Program Name	Campus	Duration	1st Semester Fees	Fees RM	Fees (USD)
Bachelor of Economics(Energy)(Hons)	Pahang	3 Years	9,750	66,000	16,500
Bachelor of Business Economics*(Hons)	Putrajaya	3 Years	9,750	66,000	16,500

7.University of Southampton Malaysia (UoSM)

Bachelor Program

Program Name	Duration	Fees in Malaysia Campus			Fees in UK Campus
		Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
Economics	3 Years	RM 48,874	RM 48,874	RM 48,874	RM 108,819	RM 108,819	RM 108,819
Economics & Actuarial Science	3 Years	RM 48,874	RM 48,874	RM 48,874
Economics & Finance	3 Years	RM 48,874	RM 48,874	RM 48,874

8. Nottingham University Malaysia

Bachelor Program (For International Students)

Program Name	Duration	EMGS Fees	1st Semester Fees	Total Fees
Business Economics and Finance	3 Years	RM 4,660	RM48,000	RM144000
Business Economics and Management	3 Years	RM 4,660	RM48,000	RM144000
Economics	3 Years	RM 4,660	RM46,800	RM140400
Economics and International Economics	3 Years	RM 4,660	RM46,800	RM140400

Bachelor Program (For Malaysian Students)

Program Name	Duration	1st Semester Fees	Total Fees
Business Economics and Finance	3 Years	RM39,700	RM 119100
Business Economics and Management	3 Years	RM39,300	RM 117900
Economics	3 Years	RM39,500	RM 118500
Economics and International Economics	3 Years	RM39,500	RM 118500

Master’s Program (For International Students)

Program Name	Duration	EMGS Fees	1st Semester Fees	Total Fees
Economics	1-1.5 Years	RM 4,660	RM 45,900	RM 137700

Master’s Program (For Malaysian Students)

Program Name	Duration	1st Semester Fees	Total Fees
Economics	1-1.5 Years	RM 39,900	RM 119700

9. Management and Science University (MSU)

Bachelor Program

Program Name	Duration	Total Fees
Bachelor of Economics and Finance (Hons)	3.5 Years	RM 91,689

10.UCSI University in Malaysia

Bachelor Program

Program Name	Duration	Initial Payment	First-Year Payment	Total Tuition Fees
Bachelor of Financial Economics (Hons)	3 Years	RM 24,300	RM 18,250	RM 65,400

11. UNIRAZAK University in Malaysia

Bachelor Program

Program Name	Duration	Others Fees	Total Tuition Fees	Total Fees
Bachelor of Economics (Honours)	3 Years	RM 8,750	RM 51,250	RM 60,000

12. Infrastructure University Kuala Lumpur (IUKL)

Bachelor Program

Program Name	Duration	First Year	Second Year	3rd Year	Total Fees
Bachelor Of Science (Hons) In Economics and Finance	3 Years	RM 12,539	RM 11,781	RM 15,706	RM 40,026

13. Lincoln University (LU)

Master’s Program (Promo Fees)

Program Name	Duration	1st Year Fees MYR	Total Fees MYR	Total Fees USD
Master of Economics	1.5 Year	RM 12,000	RM 18,000	$4,000

Master’s Program (Luc Fees)

Program Name	Duration	1st Year Fees MYR	Total Fees MYR	Total Fees USD
Master of Economics	1.5 Year	RM 24,000	RM 36,000	$8000

14. Kings University College

Foundation Program

Program Name	Duration	EMGS Fee & Others	1st Year Cost	Total Tuition Fee	Total Fee
Foundations in Arts (Accounting, Business, Economics)	1 Year	RM 3,200	RM 14,400	RM 14,900	RM 17,600

If any students want to get admission of this University they can contact to Global Assistant Education Consultant.