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Economics at Universiti Malaya (UM) in Malaysia
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Economics at Universiti Malaya (UM) Malaysia
Table of Contents
- Economics at Universiti Malaya (UM) Malaysia – Highlights
- Why Study Economics at Universiti Malaya (UM) Malaysia?
- Universiti Malaya (UM) Economics Rankings
- Universiti Malaya (UM) Economics Acceptance Rate
- Popular Economics Courses at Universiti Malaya (UM) Malaysia
- Admission Requirements to Economics at Universiti Malaya (UM) Malaysia
- Cost of Economics at Universiti Malaya (UM) Malaysia for Indian Students
- Scholarships at Universiti Malaya (UM) Malaysia
- Job Prospects for Economics at Malaysia
- FAQs – Economics at Universiti Malaya (UM) Malaysia
Economics at Universiti Malaya (UM) Malaysia – Highlights
Universiti Malaya (UM) is located in the vibrant city of Kuala Lumpur, Malaysia. The Economics program at UM is designed to provide students with a strong foundation in economic theory and its practical applications. The city itself offers a unique blend of cultural diversity and modern amenities, making it an excellent place for students to live and study.
Economics at UM is recognized for its rigorous curriculum and expert faculty, many of whom are leading researchers in their fields. The program prepares students for a variety of careers in economics, finance, and public policy, both in Malaysia and internationally. With its strategic location and strong academic reputation, studying Economics at UM provides students with numerous opportunities for personal and professional growth.
Why Study Economics at Universiti Malaya (UM) Malaysia?
Studying Economics at Universiti Malaya (UM) offers a comprehensive education in economic theory and practice, supported by a faculty of distinguished scholars and industry experts. The program is designed to equip students with the analytical and critical thinking skills needed to address complex economic issues and contribute to policy-making processes. Additionally, UM's location in Kuala Lumpur provides students with access to a dynamic economic environment and numerous networking opportunities.
- Strong academic reputation and globally recognized faculty.
- Comprehensive curriculum covering both theoretical and applied economics.
- Located in Kuala Lumpur, providing access to a vibrant economic and cultural hub.
- Opportunities for internships, research, and international exchange programs.
Universiti Malaya (UM) Economics Rankings
| Ranking | Organization |
|---|---|
| Top 100 | US News and World Report |
| Top 50 | QS Ranking |
| Top 200 | THE Ranking |
| Top 150 | ARWU Ranking |
Universiti Malaya (UM) Economics Acceptance Rate
Universiti Malaya (UM) has a competitive acceptance rate for its Economics program, reflecting its high academic standards and rigorous selection process.
The acceptance rate for the Economics program is approximately 20%, making it essential for applicants to have strong academic credentials and a well-rounded application.
Popular Economics Courses at Universiti Malaya (UM) Malaysia
- Bachelor’s Programs:
- Bachelor of Economics: This program provides students with a solid foundation in economic theory, quantitative methods, and applied economics.
- Bachelor of Business Administration (Economics): This program combines economics with business administration, offering a comprehensive education in both fields.
- Master’s Programs:
- Master of Economics: This advanced program focuses on economic theory, econometrics, and policy analysis, preparing students for research and professional careers.
- Master of Public Policy: This interdisciplinary program covers economics, political science, and public administration, equipping students to address complex policy issues.
Admission Requirements to Economics at Universiti Malaya (UM) Malaysia
Admission to the Economics program at Universiti Malaya (UM) requires a strong academic background, particularly in mathematics and economics. Applicants must meet the university's general admission criteria as well as specific requirements for the Economics program.
- Entry Requirements:
- Universiti Malaya (UM) Economics entrance exam
- Universiti Malaya (UM) Economics entry requirements
- Eligibility Criteria:
Applicants must have completed secondary education with a strong academic record, particularly in mathematics and economics. Additionally, applicants must demonstrate proficiency in English through standardized tests such as IELTS or TOEFL.
International students may be required to submit additional documentation, such as a statement of purpose, letters of recommendation, and proof of financial support.
- Documents Required:
- Completed application form
- Official transcripts and certificates
- Proof of English proficiency (IELTS/TOEFL)
- Statement of purpose
- Letters of recommendation
- Proof of financial support
- Proficiency Test:
Applicants must demonstrate proficiency in English through standardized tests such as IELTS or TOEFL. The minimum required scores for these tests vary depending on the program and level of study.
- Visa Process:
- Obtain an offer letter from Universiti Malaya (UM).
- Apply for a student visa through the Malaysian embassy or consulate.
- Provide required documents, including proof of acceptance, financial support, and health insurance.
- Attend a visa interview, if required.
Cost of Economics at Universiti Malaya (UM) Malaysia for Indian Students
- Tuition Fees: The tuition fees for the Economics program at Universiti Malaya (UM) vary depending on the level of study and the specific program. On average, the annual tuition fee for undergraduate programs is around MYR 20,000, while for postgraduate programs, it is around MYR 25,000.
- Cost of Living: The cost of living in Kuala Lumpur is relatively affordable compared to other major cities. Students can expect to spend around MYR 1,500 to MYR 2,500 per month on accommodation, food, transportation, and other expenses.
| Expense | Cost (MYR) |
|---|---|
| Tuition Fees (per year) | 20,000 - 25,000 |
| Accommodation (per month) | 800 - 1,500 |
| Food and Transportation (per month) | 700 - 1,000 |
Scholarships at Universiti Malaya (UM) Malaysia
Universiti Malaya (UM) offers a variety of scholarships to support students in their academic pursuits. These scholarships are awarded based on academic merit, financial need, and other criteria.
- Malaysian Government Scholarship: This scholarship is available to international students and covers tuition fees, living allowances, and other expenses.
- Universiti Malaya Excellence Award: This scholarship is awarded to outstanding students based on academic performance and extracurricular achievements.
Job Prospects for Economics in Malaysia
Graduates of the Economics program at Universiti Malaya (UM) have excellent job prospects in various sectors, including government, finance, consulting, and academia. The program equips students with the skills and knowledge needed to excel in their chosen careers.
| Job Title | Average Salary (MYR) |
|---|---|
| Economist | 60,000 - 80,000 |
| Financial Analyst | 50,000 - 70,000 |
| Policy Analyst | 55,000 - 75,000 |
| Academic Researcher | 45,000 - 65,000 |
FAQs – Economics at Universiti Malaya (UM) Malaysia
- Can I work while studying Economics at Universiti Malaya (UM) Malaysia?
Yes, international students are allowed to work part-time for up to 20 hours per week during the academic semester and full-time during semester breaks.
- What are the advantages of studying Economics at UM?
Studying Economics at UM provides a comprehensive education in both theoretical and applied economics, access to leading faculty, and numerous opportunities for internships and networking in Kuala Lumpur.
- What is the average salary for Economics graduates from UM?
The average salary for Economics graduates from UM ranges from MYR 50,000 to MYR 80,000, depending on the industry and job role.
- How long is the Economics program at UM?
The duration of the Economics program at UM is typically 3 to 4 years for a bachelor's degree and 1 to 2 years for a master's degree.
- What exams are required for admission to the Economics program at UM?
Applicants may need to take the Universiti Malaya (UM) Economics entrance exam and demonstrate proficiency in English through standardized tests such as IELTS or TOEFL.
- What are the popular Economics courses at Universiti Malaya (UM) Malaysia?
Popular Economics courses at UM include the Bachelor of Economics, Bachelor of Business Administration (Economics), Master of Economics, and Master of Public Policy.
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