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Study Banking Abroad!

Introduction to Banking

Are you captivated by money—not just by gathering it, but managing it and watching it grow?

Whether you love balancing your checkbook or enjoy creating budgeting spreadsheets, you may have considered a job in banking to make use of your attention to detail.

Banking is an industry that handles cash, credit, and other financial transactions. It is defined as the acceptance of deposits of money from public for the purpose of lending or investment and is repayable on demand or withdrawable by cheque, draft, or otherwise. Banking is a service industry. To succeed, you should enjoy working with people as bank employees deal with people from all walks of life and in all kinds of financial shape. 

What will you study in Banking?

This course covers major theory and practices related to:

  • Financial Accounting
  • Macroeconomics
  • Microeconomics
  • Mathematics
  • Human Resource Management
  • Financial Analysis
  • Fundamentals of Islamic Banking
  • Fundamentals of Management
  • Principles of Marketing
  • Basic Taxation
  • Entrepreneurship
  • Introduction to Business

What are the skills needed?

Analytical ability: Analytical skills are always in demand in banking. In many graduate banking jobs, the ability to look at raw data and draw conclusions is hugely valuable. Almost all the activities of the banking sector depend on numbers and calculations. So you have to be confident about numbers, master basic calculations, and know how to calculate margins and percentage.

Communication skills: You need good written and verbal communication skills for both drafting reports for clients and speaking with people at meetings who may not be experts in your area. You’ll need to convey complex information in a professional and jargon-free manner, so learning to tailor your communication style is vital.

 The ability to work under pressure: Every bank often has a lot of customers at a time, which have to deal with money or other related work. In a job interview, one of the most common interview questions an employer might ask is “how do you handle stress?” to ascertain whether you can remain level-headed in a stressful situation.

Industry awareness: All employees should have good information and understanding of the latest banking trends and other urgent matters besides their associated work. Whether commercial banking or investment banking, you will need to be able to understand and explain market developments, as well as anticipate future changes.

What are the career prospects?

The banking sector is amongst the most popular choices for graduates today.

It is one of the most challenging yet rewarding careers in the corporate world because it offers an unmatched opportunity to learn about other industries and their business flow, which presents some of the best options for career growth.

  • Financial Analyst
  • Personal Financial Adviser
  • Credit Analysts
  • Loan Officers
  • Investment Bankers
  • Relationship Manager
  • Regulatory Compliance Consultant
  • Credit Risk Manager
  • Entry-level Risk Analyst

How long will I study in this programme?

  1. Foundation/ A-levels: 1 year
  2. Diploma: 2 years
  3. Degree: 3 years
  4. Master’s Degree: 1- 2 years
  5. PhD: 2-3 years

What are the entry requirements?

  • SPM / O-Level with Pre-U / Foundation: Pass SPM / O-Level or equivalent with 5 credits (including a Pass in Mathematics and English) for entry with pre-university/ foundation qualification (Except for UEC) 
  • SPM / O-Level with Diploma: Pass SPM / O-Level or equivalent with 3 credits (including a Pass in Mathematics and English) for entry with Diploma qualification. 
  • UEC: 5 Grade B’s in UEC including Mathematics with a Pass in English.
  • Matriculation/ foundation: Passed Foundation programme (minimum CGPA of 2.5) with a Credit in Mathematics and a Pass in English at SPM/O-Level/IGCSE or equivalent.
  • Diploma in accounting: Passed Diploma with minimum CGPA of 2.5 and a Credit in Mathematics at SPM level.
  • International Students:
  • IELTS : 5.0
  • TOEFL IBT : 60-78
  • Pearson (PTE) : 50
  • MUET : Band 3- 4

How much does a Banker make?

A person working in Banking in Malaysia typically earns around 7,160 MYR per month. Salaries range from 2,250 MYR (lowest average) to 21,000 MYR (highest average, actual maximum salary is higher). The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Estimated Fees:

 Want to study banking but not sure how much it costs? The estimated fees shown in this section take into both public and private universities in Malaysia. Here are the average estimated tuition fees below:

 Programme:

  • Foundation /A-Levels: RM 9,000 to RM 16,000
  • Diploma: RM 15,000 to RM 45,000
  • Bachelor’s Degree: RM50,000- RM70,000
  • Master’s Degree: RM 25,000-40,000
  • PhD: RM 40, 000 -RM 65,000

Are you interested to study this subject in Malaysia?

Please fill up the form and our conselors will get back to you shortly.

Universities to attend:

Courses to take:

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