Study Economics Courses in Malaysia For International Students Complete Guide

Study Economics Courses in Malaysia

Economics Courses in Malaysia are an interesting field that allows students to develop their careers in various fields. Studying economics in Malaysia offers access to a wide range of options, from understanding global economic trends to addressing regional issues such as poverty and development. Malaysia is a strategic location, so in this country, there are many universities that offer 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 aspect of our lives. 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 Economics University in Malaysia

Universiti Putra Malaysia (UPM)
Universiti Pendidikan Sultan Idris (UPSI)
UNITEN (Universiti Tenaga Nasional)
Multimedia University (MMU)
University Kuala Lumpur (UniKL)
Taylor’s University
Xiamen University Malaysia
University of Southampton Malaysia (UoSM)
Nottingham University Malaysia
Management and Science University (MSU)
UCSI University
Universiti Tunku Abdul Rahman (UTAR)
TAR UMT (Tunku Abdul Rahman University of Management and Technology)
UNIRAZAK University
Infrastructure University Kuala Lumpur (IUKL)
Lincoln University (LU)
Kings University College

Economics Courses in Malaysia Requirements

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 carefully.

What Will You Study in Economics?

A degree in economics is intended to give you a wide variety of information and abilities in 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 convey your results and reports in reports or presentations effectively. 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.

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 Economics Courses in Malaysia

 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

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

UNITEN (Universiti Tenaga Nasional)

Bachelor Program

Program Name	Duration	1st Semester Fee	Total Tuition Fees
Bachelor’s in Economics (Energy) (Honours)	4.5 Years	RM 7,335	RM 66,000
Bachelor in Business Economics (Honours)	4.5 Years	RM 8,500	RM 66,000

Multimedia University (MMU)

Bachelor Program Fees

Program Name	Duration	Yearly Tuition Fees	Total Fees
Bachelor of Analytical Economics (Hons.)	3 years	RM 22,417	RM 67,250

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

Taylor’s University

Program Name	Intake	Duration	1st Semester Fee	Total Tuition Fee	Total Fee
Bachelor Of Finance and Economics (Honours)	February April September	3 Years	RM 3,776	RM 121,488	RM 140,474
Bachelor In Philosophy, Politics, and Economics (Honours)		3 Years	RM 5,664	RM 122,028	RM 142,164

Xiamen University

Program Name	Full-Time			Part-Time
	Duration	1st Year Fees	Total Tuition Fees	Duration	1st Year fees	Total Tuition Fees
Master of Economics in Finance	2 Years	RM 26,500	RM 53,000	–	–	–

University of Southampton Malaysia (UoSM)

Bachelor Program Fees

Programmes	Duration	Malaysia Fees			UK Fees
		Year 1	Year 2	Year 3	Year 1	Year 2	Year 3
Economics	3years	RM 48,874	RM 48,874	RM 48,874	RM 108,819	RM 108,819	RM 108,819
Economics & Actuarial Science	3years	RM 48,874	RM 48,874	RM 48,874	RM 108,819	RM 108,819	RM 108,819
Economics & Finance	3years	RM 48,874	RM 48,874	RM 48,874	RM 108,819	RM 108,819	RM 108,819

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

Management and Science University (MSU)

Program Name	Duration	1st Payable Fee	1st Semester	Tuition Fee	Total Fee
Bachelor’s in Economics and Finance	3.5 Years	RM 7,810	RM 6,857	RM 72,000	RM 93,760

UCSI University

Program Name	Duration	Initial Payment	Total Tuition Fees	Total Fees
Bachelor of Financial Economics (Hons)	Year 3	RM 27,818	RM 73,320	RM 94,675

Universiti Tunku Abdul Rahman (UTAR)

Bachelor Program

Program Name	Duration	EMGS Fees	Total Tuition Fees	Total Fees
Bachelor of Economics (Honours) Financial Economics	3 years	RM 2,837-RM 2,867	RM 62,550- 67,700	RM 77,750- 82,900
Bachelor of Economics (Honours) Global Economics	3 years	RM 2,837-RM 2,867	RM 62,550- 67,700	RM 77,750- 82,900

Masters in Economics Malaysia by Research

Program Name	Duration	EMGS Fees	Total Tuition Fees	Total Fees
Doctor of Philosophy (Economics)	3 years	RM 2,837- RM 2,867	RM 16,097	RM 36,700

TAR UMT (Tunku Abdul Rahman University of Management and Technology)

Diploma in Economics Malaysia

Program Name	Duration	Total Tuition Fees
Diploma of Construction Management & Economics	2 to 2 years 6 months	RM 45,600
Diploma of Economics	2 to 2 years 6 months	RM 43,700 – 45,300

Bachelor Program

Program Name	Duration	1st Year Fees	Total Tuition Fees
Bachelor of Construction Management & Economics	3 to 4 years	RM 26,333	RM 79,000
Bachelor of Economics	3 to 4 years	RM 24,500- RM 25,533	RM 73,500 – RM 76,600

Master’s By Research

Program Name	Duration	1st Year Fees	Total Tuition Fees
Master of Science in Economics 10,800 15,800 11,900	1-3 Years	RM 5,266	RM 15,800

PHD Program

Program Name	Duration	1st Year Fees	Total Tuition Fees
Doctor of Philosophy in Economics	1-3 Years	RM 7,366	RM 22,100

UNIRAZAK University

Economics Courses in Malaysia

Program Name	EMGS & Other Fees (RM)	Registration Fees (RM)	Per Semester Fee (RM)	Total Tuition Fees (RM)
Bachelor of Economics (Honours)	RM 3700	RM 2,500	RM 2,250	RM 60,600

Kuala Lumpur University of Science and Technology (KLUST)

Economics and Finance Degree in Malaysia

Program Name	Duration	1st Year Tuition Fees	Total Tuition Fees	Total Tuition Fees (After 30% scholarships)
Bachelor of Science (Hons) in Economics and Finance	3 years	RM 12,539	RM 62,220	RM 40,026

Lincoln University (LU)

Master’s Program (Promo Fees) Economics Courses in Malaysia

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

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 to this University, they can contact the Global Assistant Education Consultant.