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Business MBA, Where's best to study MBA in Malaysia?

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xenotzu
post Dec 20 2010, 04:13 PM

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I think the main issue is whether the MBA is for career purposes or for interest bearing in mind the time and costs required to undertake such a course. If its for interest, than any local Malaysian Universities MBA course, whether its fully online or part time basis would suffice. They are also the cheapest. However, if it is for career progression and hopefully towards a better paying job, than you should really think seriously about whether you should do it or not. If you want to do it, prepare to do it full time, part time or online with an overseas university.

To put it bluntly, with very very few exceptions, local Malaysian universities MBAs are not highly regarded (if at all) by most companies. Those who have had experiences of the value of local qualifications in the market place could probably tell you many stories about this. If you really want a good MBA that may translate to a better career or better paying job, than you would have to pay more. The reason, you have to go for an overseas MBA. There are quite a number of colleges such as HELP (Heriot Watt/Edinburgh Business School MBA), Taylors, Sunways, which have overseas MBAs on a full time or part time basis. These MBAs are expensive but they carry more weight with them then local MBAs. And in the local marketplace, such weight carries with it better opportunities.
xenotzu
post Sep 23 2016, 11:56 PM

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QUOTE(ezh1114 @ Aug 31 2016, 03:55 PM)
Thank you for all the valuable tips and infos!! I have noted this down in case the thread went missing.
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I would agree with the other posts that only the top ranking universities' MBA's would really make any substantial difference to your career. You have to remember that from a time when only a few universities offered MBAs to a time now when almost every university has an MBA course, including online universities. Basically, they are a dime a dozen.

Unless, you qualify from top ranked universities and the only one I know in South East Asia which in that category is INSEAD branch in Singapore, you will not see much difference in your career. I know of a Vietnamese girl who worked as an IT personnel in Singapore for a number of years. She then applied to University of Pennslyvania, Wharton to do their MBA (its ranked around top 4 in the world according to 2016 Financial Times ranking) and borrowed almost US$300,000 from Wharton university as a loan to do that MBA. Luckily, she completed the course and is now looking for a job in USA. She estimates that with a Wharton MBA, she should be able to pay off that loan in a few years.

So, try and see if you can go that route. I believe that most of the top MBA universities in USA have special loan programmes for applicants who qualify for them (based on means test and academic ability). She was from a lower middle class background in Vietnam and was self sponsored from her savings and loan from Wharton. She did not want to do her MBA in Singapore because after checking all the facts out, she said that it was not worth spending thousands of dollars for an MBA from a university which is not ranked top 10 MBAs in the world. Return from lesser ranked MBA universities did not justify the cost.

This post has been edited by xenotzu: Sep 24 2016, 12:00 AM
xenotzu
post Sep 28 2016, 01:14 PM

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QUOTE(goodchong @ Sep 28 2016, 10:59 AM)
you make it sound so easy to enter a top school such as Wharton business school
by the way, that's over a million ringgit for the investment, hopefully she can recoup her investment.
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Its not easy but its doable. As long as you get good scores for the entrance exams, then its possible. I understand she took a few times before finally succeeding into entering Wharton MBA. Good bonus is that she can stay on to work in USA and with her Wharton MBA, she has very good prospect. I don't think she will every be returning to Singapore or Vietnam.
xenotzu
post May 21 2018, 04:26 PM

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QUOTE(Ahmad Mie @ May 3 2018, 05:02 PM)
Hi all,

I've read this topics for the past 60+ pages or so, took me 5 days to complete in between work...LOL

Anyway, I'm in dilema right now and need insights from bigger audience to these 2 fundamental questions;

1. Should I go for MBA? Yes, I want more money! I'm currently a Senior Manager in MNC, 17 yrs of work experience, earning gross of MYR 17K/month...and I'm travel a lot..so , if plus travel allowance, earning ~MYR 20k/month. Is MBA will secure me more money...greedy..hahaha

2. But joke on greedy thing aside...as matter a fact...I'm incline to go for MBA because I want to challenge my brain after 17 years finish degree. Hence, I have voice down to two options for part-time MBA;
- Lancaster by Sunway (fee 60K) or
- Nottingham U MY (fee 60k)

Please advise..

Btw...my age is 40, my vision is simple..I want to retire as Director/CEO...and I'm serious
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First off, I would say go for it. It's never too late to continue or start studying for a course.

Secondly, in my experience and from those of my friends and colleagues, MBAs tend not to be a good investment unless you enter one of those very reputable but expensive MBA programs. Unfortunately, universities providing MBA courses are now a dime a dozen, and there are many people who have MBAs from various universities. To stand out, you need to have an exceptional MBA, which means from the top MBA universities. This Economist report gives the maths for such courses:
QUOTE
RETURN on investment is a vital consideration for MBA candidates picking a programme, particularly given cost of courses. Students do not want to spend upwards of $100,000 on an MBA, only to find that their paypacket barely increases at the other end of it. An MBA at the best schools can have a multiplier effect on graduates’ salaries. To rank business schools’ ability to boost a student’s income, The Economist takes into consideration two data points: the overall average salary, excluding bonuses, that MBA graduates receive when they re-enter the workforce (which makes up the majority of the weighting) and the percentage increase in post-MBA salary compared with candidates’ pre-MBA income (see methodology).

In our ranking, HEC Paris came top of the pile for boosting graduates’ earnings. Post-MBA salaries were 153% higher than on entering the programme, the second-highest of all schools surveyed. And at $121,080, the average post-MBA salary was also in the top 10. But one school, placed second overall for its improvement in salary, stands out: Michigan State University’s Eli Broad College of Business. Students there earn a smidgen over $100,000 when they enter the workforce after graduation—a pretty standard amount. But because of the demographic from which the school takes its MBA candidates, that is 238% increase on pre-MBA income.

Stalwarts in such rankings, including Harvard, Stanford and MIT, stand firm in the top 15. North America dominates the listings for supercharging salaries: 11 of the top 15 schools outlined below are in the United States. Three (HEC Paris, IESE and IMD) are in Europe, while one school from Asia-Pacific—Macquarie in Australia—rounds out the listings. American exceptionalism still counts for something.

https://www.economist.com/whichmba/mba-rankings/salary
xenotzu
post Feb 15 2020, 09:20 AM

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QUOTE(cintamani83 @ Sep 3 2019, 11:28 AM)
Hi, not too sure if this is the correct place to ask this... but here goes, I plan to do a masters in Malaysia but working in Singapore for cost saving purposes. My first choice is JB due to proximity or online courses would be great too. Anyone has tried that before? I want to know which college/uni provide such programme without much needed hassle of attending classes in JB (often). Or any college/uni marketing people can reply? I would love to hear from you.

ps. it has to be recognise by the SG government of course.

Thanks
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Technically, as long as the course is recognised by Malaysia Qualification Agency, it is recognised by the Singapore Government. However, practically, in Singapore, there is a perception that Malaysian qualifications are inferior to Singapore qualifications. And frankly speaking, as NUS and NTU were ranked 11 in 2019 by QS Universities World Ranking, they have a point. It would be far better if you could study for a professional program in your line of work which is recognised internationally. That way, your professional qualification is pegged at international level and is far more acceptable in Singapore.

I know from experience that HR managers tend to rank qualifications for Malaysians in this order:

1. Singapore Qualifications;
2. Overseas universities, in particular from Western Countries in the following manner: UK, USA, Australia, Canada, New Zealand, although the last two are probably interchangeable;
3. Malaysia Qualifications.

This post has been edited by xenotzu: Feb 15 2020, 09:27 AM
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