Top Private Universities for Finance Courses in Malaysia

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It’s important to be responsible in spending our money to avoid falling deep into a financial crisis. Without proper financial planning, one can go bankrupt or live in huge debt. The same thing applies to businesses that companies operate.

Finance in businesses or corporations work differently because it involves huge capital management; from planning and budgeting and cash flow management to the capital structure and how you control risks and costs. It’s a huge responsibility that can only be entrusted to financial professionals or financial experts to ensure businesses run well.

What is Finance?

Finance is all about money management; it refers to all of the money-related decisions that businesses, and organizations make on a daily, weekly and yearly basis. In a Finance degree, you will learn about how money works in business including managing investments and money that can create value for the company or client.

Majoring in finance will prepare you with the basic fundamentals that you should have to become a finance professional. Not only it will build upon your finance skills, you will also be taught leadership and communication skills to fully round out your abilities. If you have passion in interpreting numbers, investment, economics, capital markets, financial and business news, valuations, modelling and you just basically live and breathe money, then pursuing study in the finance field will be rewarding for you.

Similarly to accounting, majoring in finance requires you to have strong mathematics skills and having the ability to work with complex data sets, but finance roles may offer more opportunities to work with a variety of clients and investors as opposed to accountant roles that can involve more solitary, personal work. For better understanding about the accounting field, read this guide about accounting and ACCA.

Skills Needed to Study Finance

You’ll need certain industrial skills and technical traits to prepare for a career in finance. Here are the top 5 skills you need:

Analytical Thinking

Being a finance professional, you have to solve all kinds of problems from technical to interpersonal. You need to be able to devise smart solutions quickly which would greatly benefit the company. Some of the areas where analytical thinking plays a key role include financial analysis, risk analysis, risk management, strategic financial planning, and data analysis.

Accounting Skills

Despite being in the finance field, you still need some accounting skills. This refers to the techniques and abilities that allow you to track, record, and manage financial transactions efficiently and effectively. This skill is crucial to perform financial analysis, financial reporting, data management, financial modeling, and other related tasks.

Business Intelligence

Business Intelligence refers to a technology-driven process for analyzing data to help businesses make smart decisions. Finance professionals must know how to predict future inventory, sales, and related information by using enterprise resource planning software (ERP) like Oracle, SAP or Tableau.

Cash Flow Management

Cash flow management is the process of analyzing, monitoring, and optimizing the cash receipts a business gets after deducting the cash expenses. Finance professionals should have this skill to manage the businesses’ finances and focus on growth as it tracks the ins and outs of a business’s funds. With proper cash flow management, a business can avoid financial loss and make profitable and sustainable strategies.

Mathematics

Having strong calculative skill or mathematics skill is vital to become a finance professional. From data management to financial analysis, there are tons of areas where your knowledge of mathematics will be utilized. Some of the areas that require a strong grasp of mathematics are financial analysis, predictive analysis, data management, and accounting

What can you do with a Finance Degree?

There are a wide range of careers you can pursue with a Finance Degree. In fact, employers seek finance graduates for roles in accountancy firms, investment and high street banks, insurance firms, management consultancies, the public sector and other areas. These are among the career prospects that commonly seek candidates with a Finance Degree, but not limited to:

Management Consultant
Financial analyst
Trader/Stockbroker
Financial Manager
Credit Analyst
Investment Banker
Risk Analyst

General Entry Requirements for Finance in Malaysia

Other than passing SPM / IGCSE including mathematics, below are the other requirements you have to fulfil in order to be eligible to enroll Finance degree:

i) Academic Entry Requirements

STPM	Pass with minimum C+ with CGPA 2.33 in any 2 subjects
A-Levels	Minimum CDD or equivalent of min. 200 points
Foundation	Minimum CGPA 2.50
Matriculation	Minimum CGPA 2.50
Diploma	Minimum CGPA 2.50

*NOTE : Different universities may have different entry requirements. Contact us for more details!

ii) English Language Entry Requirements

1119 (GCE-O)	Minimum Grade B
IELTS	Minimum 6.0
MUET	Minimum Band 4
O-Level	Minimum Grade C
TOEFL	Minimum 79 (Internet Based Test)
UEC	Minimum B4

*NOTE : Different universities may have different entry requirements. Contact us for more details!

General Pathway of Studying Finance in Malaysia

With SPM, IGCSE or other equivalent qualification, you have to with start a pre-university program first before progressing to Bachelors Degree. You can choose between Foundation, Diploma, Matriculation, STPM or other equivalent qualification as your pre-uni pathway to study Finance in Malaysia.

Once you have completed the pre-uni program, only then you can progress to Degree in Finance. You must ensure your choice of pre-uni pathway aligns with what you want for your Degree course later. For example, you can choose between Foundation in Arts or Diploma in Finance if you wish to pursue Degree in Finance.

Upon your completion in Bachelors Degree, you can choose to enter the workforce straightaway. Or if you wish to continue with postgraduate studies; Masters or Phd, you can do this as well. Senior-level finance jobs would normally require your professional insight along with technical experience and managerial skills where taking MBA (Finance) can come handy.

Moreover, there are several certifications you can consider taking if you wish to uphold a standard of practice in your finance career. You can choose upgrade yourself by taking professional qualification papers based on the area of finance that you wish to focus on.

Among the professional qualifications you can consider taking are Chartered Financial Analyst (CFA), Chartered Public Accountant (CPA), Certified Financial Planner (CFP) and Financial Risk Manager (FRM) certification. Please ensure that you choose the right institutions to obtain the professional qualifications that are recognized by the relevant professional bodies.

Top Private Universities in Malaysia to study Finance

#1 Taylor's University

Taylor’s University is the No. 1 private university in Malaysia and Southeast Asia, ranked #332 in the QS World University Rankings 2022. Taylor’s Business School has grown into one of the largest and most dynamic business schools in Malaysia. In the finance program, the curriculum covers different arenas fundamental to financial managers, money managers, risk managers, investment managers, financial advisors, corporate policy makers, financial regulators and above all, potential investors. At the end of the program, students are expected to be well prepared and best fitted for different levels of finance and investment sectors.

Programme name	· Bachelor of Business (Hons) Banking & Finance · Bachelor of Business (Hons) Finance & Economics · Bachelor of Accounting & Finance (Hons)
Intake	March, June, August
Duration	3-4 years (Full-time)
Indicative Fees (2022)	Contact Us