Malaysia is fast becoming a leading destination for international students seeking to pursue a career in international business.
With its world-class universities, multicultural environment, and robust economy, Malaysia offers students a unique blend of academic excellence and practical business experience.
This guide highlights the top international business scholarships available for international students interested in studying in Malaysia in 2025, including eligibility criteria, benefits, and the application process.
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Why Study International Business in Malaysia?
Malaysia is a gateway to Asia’s dynamic business landscape, providing a unique vantage point for students interested in global markets.
Here’s why studying international business in Malaysia is a strategic choice:
Global Business Hub: Malaysia’s economy is highly integrated into the global market, making it an ideal place to learn international business practices.
Affordable Education: Compared to Western countries, Malaysia offers high-quality education at relatively affordable tuition fees.
Cultural Diversity: With students from all over the world, Malaysia’s universities provide a vibrant multicultural environment.
Networking Opportunities: Being home to many multinational corporations, Malaysia offers ample networking opportunities for students looking to start a global career.
Top International Business Scholarships in Malaysia for 2025
Here are some of the most sought-after scholarships for international students pursuing a degree in international business in Malaysia.
1. Malaysia International Scholarship (MIS)
The MIS is a government-funded scholarship designed to attract outstanding students from around the world to pursue postgraduate studies in Malaysia, including fields like international business.
- Eligibility: Open to students with excellent academic records, leadership qualities, and a strong interest in international business or related fields.
- Coverage: Covers tuition fees, living expenses, medical insurance, and a travel allowance.
- Application Process: Apply through the official MIS website, with documents including academic transcripts, a research proposal (for postgraduate students), and recommendation letters.
2. Asia School of Business MBA Scholarships
Asia School of Business (ASB), in collaboration with MIT Sloan, offers MBA scholarships to students focusing on business and management, which includes a specialization in international business.
- Eligibility: Open to MBA candidates with a bachelor’s degree, work experience, and leadership skills. Preference is given to candidates demonstrating a strong interest in Asian business markets.
- Coverage: Full or partial tuition coverage and, in some cases, living allowances.
- Application Process: Apply directly to ASB along with the MBA application, including a statement of purpose, GMAT/GRE scores, and professional references.
3. Taylor’s University Scholarships for International Students
Taylor’s University offers scholarships for international students enrolling in its business programs, including international business at both undergraduate and postgraduate levels.
- Eligibility: Open to students with a minimum GPA of 3.0 or equivalent, and a passion for international business or global commerce.
- Coverage: Full or partial tuition fee waivers depending on the student’s academic profile.
- Application Process: Submit an online application through Taylor’s University website, with transcripts, recommendation letters, and a statement explaining why you chose international business.
4. Monash University Malaysia Scholarships
Monash University Malaysia offers various scholarships for students pursuing degrees in business fields, including international business.
- Eligibility: Open to high-achieving students at the undergraduate and postgraduate levels. Academic excellence, community involvement, and extracurricular achievements are valued.
- Coverage: Full or partial tuition fee waivers.
- Application Process: Submit an application directly to Monash Malaysia, including academic records, personal statements, and recommendation letters.
5. HELP University ASEAN Scholarships
HELP University offers ASEAN Scholarships for students from ASEAN countries enrolling in international business and related programs.
- Eligibility: Open to ASEAN students with strong academic backgrounds and leadership potential. Candidates should have a commitment to contributing to their home countries’ development.
- Coverage: Covers full or partial tuition fees, depending on the applicant’s academic achievements.
- Application Process: Apply online via HELP University’s admissions portal, providing academic documents and a personal statement.
6. University of Malaya Graduate Research Assistantship (GRA)
The University of Malaya offers assistantships for graduate students engaged in research-oriented business programs, including international business.
- Eligibility: Open to postgraduate students who can contribute to a research project within their chosen field of study.
- Coverage: Monthly stipend and tuition fee waiver.
- Application Process: Apply directly to the University of Malaya’s Graduate School, along with a research proposal and academic references.
General Eligibility Requirements for International Business Scholarships
While each scholarship has specific requirements, there are common criteria across programs in Malaysia:
1. Academic Excellence
Most scholarships require a strong academic record. Competitive GPAs and standardized test scores (like the GMAT for MBA programs) are often essential.
2. Demonstrated Leadership
Leadership qualities are highly valued, as are achievements in extracurricular or community activities.
3. Interest in International Business
Students must show a genuine interest in international business, often demonstrated through their academic and professional backgrounds.
4. English Language Proficiency
Proof of English proficiency, such as IELTS or TOEFL scores, is typically required for non-native English speakers.
5. Commitment to Studies
Many scholarships seek students who show a clear commitment to completing their degree in Malaysia and contributing to the field of international business.
Application Process for Malaysian Scholarships
While the process varies, here are some general steps to apply for scholarships in Malaysia:
1. Research and Choose Programs
Review scholarship opportunities to ensure they align with your academic and career goals.
2. Prepare Required Documents
Commonly needed documents include academic transcripts, recommendation letters, a CV, a personal statement, and proof of English proficiency.
3. Submit the Application
Applications are often submitted through the universities’ or scholarship providers’ websites.
4. Follow Up
Some scholarships may require an interview or additional documentation, so keep an eye on communications from the scholarship provider.
5. Wait for Results
Scholarship providers generally inform successful applicants within a few months after submission deadlines.
Benefits of Studying International Business in Malaysia with a Scholarship
Scholarships can cover tuition, living expenses, and other costs, making education more affordable.
Access to a Network of Professionals
Studying in Malaysia provides networking opportunities with professors, alumni, and industry leaders.
With Asia’s growing influence in the global economy, studying international business in Malaysia positions students well for a career in Asia.
Cultural Competence
Living and studying in a multicultural environment like Malaysia offers invaluable insights into Asian and global business practices.
Scholarships can add to your CV, enhancing your academic and professional credibility.
Frequently Asked Questions
Can I apply for more than one scholarship?
Yes, you can apply for multiple scholarships.
However, check each program’s guidelines, as some scholarships do not allow concurrent funding.
Are these scholarships renewable every year?
Most scholarships are renewable based on academic performance.
Be sure to check the renewal requirements for each program.
Do I need to know the local language?
While most programs are in English, learning some basic Malay or Mandarin can be helpful for daily interactions and cultural integration.
Can I work part-time while studying on a scholarship?
Malaysia allows international students to work part-time during their studies, but you should confirm if your scholarship provider has any restrictions regarding employment.
Conclusion
International business scholarships in Malaysia for 2025 are an excellent pathway for international students to study in one of Asia’s leading economic and educational hubs.
From government-sponsored scholarships to university-specific programs, these opportunities provide financial support, exposure to the Asian business environment, and the chance to gain invaluable insights into global commerce.
By applying for these scholarships, you can pave the way for a successful career in international business, equipped with the knowledge, skills, and connections to make a lasting impact.