Bachelor's Degree in Accounting & Finance Malaysia
A Bachelor's degree in Accounting and Finance in Malaysia offers students a well-rounded education with opportunities for hands-on learning. Through in-class activities, industry visits, research projects, and internships with industry partners, students engage deeply with real-world business environments. The program also includes adjunct lectures from invited industry professionals, providing students with valuable insights.
Many universities offer pathways for students to gain professional recognition with organizations such as ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), or CPA (Certified Public Accountant).
Program Highlights
Duration: The Bachelor's degree in Accounting and Finance typically takes 3 to 4 years to complete, depending on the university and the study mode (full-time or part-time).
Curriculum: The program offers a comprehensive curriculum that covers essential accounting and finance concepts, including:
- Principles of Management
- Financial Accounting
- Management Accounting
- Financial Analysis & Reporting
- Business Law
- Human Resource Management
- Marketing
- Corporate Finance
- Operations Management
- Management Information Systems
Specializations in areas like Finance, Marketing, and Entrepreneurship are also available, allowing students to continue their studies to their career interests.
Practical Experience: The program integrates internships, industry visits, and research projects, giving students exposure to real-world business practices. A capstone project is typically required in the final year, allowing students to apply their knowledge to solve practical business problems.
Global Recognition: Graduates of this program are well-prepared to meet international accounting and finance standards, offering them opportunities to work both locally and globally.
Job Prospects After a Bachelor's Degree in Accounting and Finance
The demand for accounting and finance professionals remains strong, with growth expected in both the public and private sectors. According to a report, there are about 38,500 registered accountants in Malaysia, with a ratio of 1 accountant for every 871 people, showing strong demand for accounting professionals in the country.
- Accountant
- Financial Analyst
- Management Accountant
- Auditor
- Tax Consultant
- Financial Planner/Advisor
- Investment Banker
- Risk Manager
Entry Requirements for Bachelor's Degree in Business and Management in Malaysia
- STPM: Minimum 2 principal passes, including Mathematics or relevant subjects.
- A-Levels/Equivalent Studies: Minimum 2-3 passes, preferably in Business, Economics, or Mathematics.
- Foundation Studies: Completion of a foundation program in a relevant field with a minimum CGPA of 2.0.
- Diploma: A related diploma with a minimum CGPA of 2.0 or equivalent; some universities allow diploma holders to enter the second year of the program.
English Proficiency (International Students)
- IELTS: Minimum score of 5.5-6.0 in general.
- TOEFL: Minimum score of 60-80 (IBT).
Still confused about the entry requirements or need help with your application? Talk to our advisor today for expert guidance!
Frequently Asked Questions
1. Which is better BBA or BS accounting and finance?
Both BBA and BS Accounting & Finance are excellent choices, but the best option depends on your career goals. A BBA (Bachelor of Business Administration) offers a broader understanding of business principles, making it ideal for those looking for versatility in management and leadership roles. On the other hand, a BS in Accounting & Finance focuses more on in-depth accounting skills, financial analysis, and accounting principles, preparing you for specialized roles in accounting and finance. Choose the one that aligns with your interests and long-term career aspirations.
2. How much is accounting degree in Malaysia?
The cost of an accounting degree in Malaysia varies depending on the university and program level (Bachelor's or Diploma).
- Bachelor's Degree in Accounting: The tuition fees typically range from RM 20,000 to RM 40,000 per year at private universities. For international students, the fees may be higher, ranging from RM 25,000 to RM 50,000 annually.
- Diploma in Accounting: The tuition fees for a diploma program are generally more affordable, ranging from RM 10,000 to RM 20,000 for the entire program.
3. Is ACCA equal to a bachelor's degree?
No, the ACCA (Association of Chartered Certified Accountants) qualification is not equivalent to a bachelor's degree. While ACCA is a highly respected professional qualification in accounting and finance, it is specialized and focuses on practical skills needed for a career in accounting.
A bachelor's degree, on the other hand, provides a broader academic foundation and may include subjects outside of accounting, such as business management and economics. However, completing ACCA after a bachelor's degree can enhance career prospects and open doors to higher-paying roles in the accounting field.
4. Does accounting pay well in Malaysia?
Yes, accounting is a well-paying profession in Malaysia. The salary for accounting professionals varies depending on experience, education, and industry. Entry-level accountants can expect a salary ranging from RM 2,500 to RM 4,000 per month, while those with several years of experience or who hold professional qualifications like ACCA can earn between RM 5,000 and RM 8,000 or more. Senior accountants or finance managers in large organizations can earn salaries upwards of RM 10,000 per month, with the potential for further growth.
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