Asia School of Business (ASB)

Founded in 2015 by the Central Bank of Malaysia (Bank Negara Malaysia) in collaboration with the prestigious MIT Sloan School of Management, the Asia School of Business (ASB) stands out as one of the best business schools in Malaysia.

The Asia School of Business top-ranked globally for its MBA program. Situated in Kuala Lumpur provides various graduate business programs, including MBA, EMBA, and Master in Central Banking. ASB MBA graduates are ranked 52nd globally in average salary three years post-graduation, with job placements in 14 countries.

Established through a collaboration between MIT Sloan School of Management and Bank Negara Malaysia, the institution offers a comprehensive 12-month full-time MBA program alongside executive education courses for both local and international learners.

ASB offers a 12-month full-time MBA program, Executive MBA, and a Master in Central Banking, all tailored to provide an in-depth global and Asian perspective. ASB students benefit from a unique dual-campus experience, with time split between MIT Sloan’s campus in Cambridge, Massachusetts, and ASB’s own campus in Kuala Lumpur, enhancing their international business exposure.

The curriculum is designed through joint efforts in academic planning, admissions, and organizational management, bringing in expertise from both MIT Sloan faculty and ASB’s local instructors, some of whom are appointed as MIT Sloan International Faculty Fellows. This collaboration ensures that students receive world-class education grounded in real-world applications.

ASB's programs emphasize experiential learning, with its "Action Learning" model at the core. This approach involves projects across various industries, countries, and roles, equipping students with the practical skills and cultural sensitivity essential in today’s global business landscape.

ASB’s dedication to a fully integrated learning experience starts with providing comfortable residential facilities to all of our students. Our brand new Residensi ASB is located right next to the ASB Academic Building.

Residensi ASB offers accommodation according to your requirements ranging from single rooms to family rooms and guest rooms for short stays. Our students are presented with facilities that promote a conducive living and learning environment all within reach of the gorgeous Kuala Lumpur urbanscape that you will call home during your journey with us.

Residensi ASB comes fully equipped with:

• Multipurpose Hall
• Gymnasium, sports and wellness facilities
• Cafe
• Launderette
• Comfortable residential rooms
• 24/7 co-working spaces / spacious study rooms
• Prayer Rooms
• Ample parking

A WORLD-CLASS PURPOSE-BUILT CAMPUS WITHOUT RIVAL IN SOUTHEAST ASIA

ASB’s sprawling 22.2-acre residential and academic campus is built for collaboration, scholarship, and innovation. The key design principles for the campus reflects the principles of BNM and the aspirations of ASB – to create an environmentally-sustainable building that facilitates intellectual collaboration, fosters a community of innovation, and promotes globalization and diversity, while serving as the heart of the academic and social exchanges of ideas for the Kuala Lumpur and broader Southeast Asian business community. The campus is located near the central business district and within walking distance from multiple light rail lines and can accommodate over 1,200 students, faculty, and staff.

From the very first day of your journey at ASB, you can rest assured that you’ll have a seamless learning and living experience at our campus equipped with state-of-the-art facilities at every turn.

The academic building spans six levels. The ground level (Level G) and first floor (Level 1) are public areas designed to create an open area for the ASB community. The five-story daylight-filled atrium on Level 1 serves as the central meeting and connection point for the community. Levels 2 and 3 are designed around learning and education – housing classrooms, research centers, study spaces, and a library. Levels 4 and 5 are built around faculty collaboration, scholarship, and innovation.

Facilities include:

• State-of-the-art classrooms modelled after those at Massachusetts Institute of Technology (MIT)
• Open spaces for collaboration
• Spacious offices
• Over 60+ study rooms and meeting rooms spread out across various levels, equipped with modern conferencing facilities
• Career Center sponsored by CIMB
• Research centers endowed by Maybank, Sapura Energy and AirAsia
• Central Banking Research Center
• Trademarked FabLabKL, a maker space for creation and innovation
• 300-seater Khazanah Auditorium
• Cafeteria

The mission of ASB is to become a premier school of management in Asia, recognized for its ability to develop transformative and principled leaders who will contribute to a better future and the advancement of the emerging world. 

Awards & Recognition

• Innovation in MBA Education: Named one of the most impactful business school innovations of the decade by Poets&Quants, ASB’s MBA program emphasizes “experiential learning on steroids” through hands-on projects with leading companies.
• Professional Advancement for Working Professionals: Among ASB’s MBA-WP (Working Professionals) students, 61% have received a promotion, title change, or increased responsibilities since beginning the program.
• MIT Sloan Influence: ASB’s curriculum integrates MIT Sloan’s “Mens et Manus” motto, combining practical, hands-on learning with an Asian business perspective, creating a unique global learning experience.
• High Global Graduate Salary Ranking: According to the Financial Times Global MBA Ranking 2020, ASB graduates rank 52nd globally for average salaries three years post-graduation.
• Global Reach through Industry Partnerships: ASB has partnered with over 145 companies in more than 26 countries, giving students experience through 286 projects that span diverse sectors and locations.

Scholarships at Asia School of Business (ASB)

ASB Fellowships: All admitted MBA students receive financial aid, with ASB Fellowships covering 100% of the MBA 3.0 program tuition for selected candidates. This merit-based fellowship doesn’t require a separate application.

30% Club Fellowship: This fellowship is part of a diversity, equity, and inclusion campaign. Students applying to the MBA 3.0 program must submit a separate application to be considered.

YTL and Public Bank (PBB) Scholarships: Available for Malaysian applicants, these scholarships are awarded to one deserving MBA 3.0 student every two years.

Corporate Sponsorships: ASB collaborates with corporate sponsors like AirAsia Group, PETRONAS, and Bank Negara Malaysia to support MBA candidates, offering additional funding opportunities.

Why Choose ASB?

The Best of Asia + America

ASB full-time MBA program features a core curriculum taught by ASB and MIT Sloan faculty, complemented by Action Learning projects with organizations across Asia and beyond. The curriculum includes up to three weeks of MIT Sloan Immersion in Cambridge, Massachusetts.

The university also offer an Industry Trek where students have the opportunity to explore multiple industries and understand the local culture.  To date, Industry Treks have been conducted in the United States, China, South Korea and the United Arab Emirates.

Frequently Asked Questions

1. What is the acceptance rate at Asia School of Business?

The acceptance rate at Asia School of Business (ASB) is around 30-40%. This selective admissions process ensures that students are not only academically qualified but also aligned with the school's values and mission. Students keen to study business in Malaysia should prepare a strong application that showcases their professional experience, academic achievements, and motivation for pursuing an MBA.

2. What programs are offered at Asia School of Business?

ASB offers a range of graduate programs, including:

• MBA Program: A 12-month full-time MBA focusing on real-world applications and leadership skills.
• Master of Science in Finance: A specialized program designed for those aiming for careers in finance.
• Executive MBA: For experienced professionals seeking advanced management skills.
• Additionally, ASB offers various short courses and executive education programs in collaboration with MIT Sloan School of Management.

3. What is the career placement rate for graduates of Asia School of Business?

ASB has an excellent career placement rate of over 90% for its graduates. The school has strong connections with industry leaders and offers various networking opportunities, internships, and career services to help students secure roles in top companies across Asia and beyond.

4. Are there scholarships available for international students at ASB?

Yes, Asia School of Business offers various MBA scholarships for international students, including merit-based scholarships, need-based financial aid, and country-specific awards. These scholarships aim to support talent and make education accessible to deserving candidates.

5. What are the admission requirements at Asia School of Business (ASB)?

• Bachelor’s Degree: A recognized undergraduate degree or equivalent with a minimum CGPA of 2.5 on a 4.0 scale.
• English Proficiency: International students must provide proof of English proficiency (e.g., TOEFL, IELTS, or equivalent).
• Additional Requirements: Some applicants may be required to submit GMAT/GRE scores or attend an interview, depending on the program and the applicant's profile.