About Bachelor's Degree courses in Economics in Malaysia
Pursuing a Bachelor’s Degree in Economics in Malaysia is an excellent choice for students looking to understand financial systems, market trends, and economic policies. With Malaysia's growing economy and strategic position in the ASEAN region, economists are in demand across various industries.
The Malaysian economy has been expanding steadily, with a focus on digital transformation, trade, and sustainable development. According to the Department of Statistics Malaysia, the country's GDP grew by 8.7% in 2022, the highest in over two decades. This growth has increased the demand for professionals who can analyze economic data, develop policies, and provide financial insights.
Many universities in Malaysia offer globally recognized economics programs, some of which align with professional certifications such as CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner).
Program Overview
A Bachelor’s Degree in Economics in Malaysia provides students with fundamental knowledge of microeconomics, macroeconomics, financial markets, and policy analysis. The program typically takes 3 to 4 years to complete, depending on the university.
Core Subjects
Throughout the program, students will cover key topics such as:
- Microeconomics
- Macroeconomics
- Statistics for Economics
- Econometrics
- Mathematics for Economists
- Development Economics
- International Economics
- Public Economics
- Financial Economics
- Behavioral Economics
- History of Economic Thought
- Economics of Environmental Issues
Admission Requirements for a Bachelor’s in Economics in Malaysia
1. For Local Students
- STPM: Minimum 2Cs in relevant subjects (e.g., Mathematics, Economics).
- Foundation: Minimum CGPA 2.0 in a relevant program.
- Diploma: Relevant diploma with a minimum CGPA 2.0 (may allow direct entry into Year 2).
- UEC: Minimum grade B in at least 5 subjects, including Mathematics.
2. For International Students
- A-Levels: Minimum 2Ds in relevant subjects (Mathematics, Economics preferred).
- Other Recognized Qualifications: Equivalent pre-university programs such as Australian Year 12, Canadian Pre-University (CPU), or equivalent.
- English Proficiency: IELTS 5.5–6.0 or TOEFL 550 (paper-based) / 79 (internet-based).
For students with 11 years of education;
- Minimum 5 credits, including Mathematics and English in IGCSE/O-Levels.
- Must complete a pre-university program to qualify for bachelor's degree.
Why Study Bachelor’s Degree in Economics in Malaysia?
1. Best Universities for Economics
Malaysia hosts renowned universities offering high-quality economics programs with strong academic and industry ties. These universities offer quality economics programs with experienced faculty and comprehensive curricula that meet international standards.
2. Language of Instruction
Most economics programs are taught in English, which is advantageous for international students and those looking to work in global markets.
3. Strong Career Prospects
The demand for economists is increasing in government agencies, banks, multinational corporations, and fintech startups. With Malaysia’s emphasis on economic development and digital transformation, job opportunities in economic research, policy-making, and data analysis are on the rise.
4. Pathway to Professional Certifications
Many universities in Malaysia offer pathways to professional certifications such as:
- CFA (Chartered Financial Analyst): For students interested in financial economics and investment analysis.
- CFP (Certified Financial Planner): For those looking to specialize in financial planning and wealth management.
Job Prospects After an Economics Degree in Malaysia
Graduates with a Bachelor’s in Economics in Malaysia can explore various career paths, including:
- Economist
- Financial Analyst
- Policy Analyst
- Data Analyst
- Investment Consultant
Want to Study Economics in Malaysia?
Studying Economics in Malaysia offers a great balance of affordability, quality education, and career opportunities. Whether you aim to work in banking, finance, public policy, or research, an economics degree can provide the foundation for a successful career.
EasyUni can help you find the best universities for Economics in Malaysia! Speak to us today for free guidance and admissions assistance.
Frequently Asked Questions
1. Which university is best for Economics in Malaysia?
Best universities for economics in Malaysia include UCSI University, Sunway University, and Taylor's University. These universities offer strong Bachelor’s Degree courses in Economics with industry-focused curricula and international partnerships.
2. How long is an Economics degree in Malaysia?
A Bachelor’s Degree in Economics in Malaysia typically takes 3 to 4 years to complete, depending on the university and program structure. Some universities offer accelerated pathways, dual-degree options, or professional certification exemptions that may impact the duration.
3. Is an economics degree worth it in Malaysia?
Yes, an economics degree in Malaysia is highly valuable, as it prepares graduates with analytical and problem-solving skills applicable in banking, finance, consulting, and policymaking. With Malaysia’s growing economy, graduates can find opportunities in both the public and private sectors, including multinational companies and government agencies.
4. Is a BA or BS better for economics?
A Bachelor of Arts (BA) in Economics focuses more on qualitative analysis, policy-making, and social sciences, making it ideal for careers in public policy, business, and research. Meanwhile, a Bachelor of Science (BS) in Economics emphasizes mathematical modeling, data analysis, and statistical methods, which is beneficial for careers in finance, analytics, and quantitative research.
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