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Economics at Universiti Sains Malaysia (USM) in Malaysia
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Economics at Universiti Sains Malaysia (USM) Malaysia
Table of Contents
- Economics at Universiti Sains Malaysia (USM) Malaysia – Highlights
- Why Study Economics at Universiti Sains Malaysia (USM) Malaysia?
- Universiti Sains Malaysia (USM) Economics Rankings
- Universiti Sains Malaysia (USM) Economics Acceptance Rate
- Popular Economics Courses at Universiti Sains Malaysia (USM) Malaysia
- Admission Requirements to Economics at Universiti Sains Malaysia (USM) Malaysia
- Cost of Economics at Universiti Sains Malaysia (USM) Malaysia for Indian Students
- Scholarships at Universiti Sains Malaysia (USM) Malaysia
- Job Prospects for Economics at Malaysia
- FAQs – Economics at Universiti Sains Malaysia (USM) Malaysia
Economics at Universiti Sains Malaysia (USM) Malaysia – Highlights
The Economics program at Universiti Sains Malaysia (USM) is designed to provide students with a comprehensive understanding of economic theories and principles. Located in Penang, Malaysia, the university offers a vibrant learning environment with a blend of cultural diversity and academic excellence.
USM's Economics course emphasizes both theoretical and practical knowledge, ensuring that graduates are well-prepared for the global job market. With state-of-the-art facilities and experienced faculty, students gain valuable insights into the economic challenges and opportunities in Malaysia and beyond.
Why Study Economics at Universiti Sains Malaysia (USM) Malaysia?
Studying Economics at USM offers students a unique opportunity to be part of a prestigious institution known for its academic rigor and innovative research. The program is tailored to equip students with critical thinking and analytical skills, which are essential in today's dynamic economic landscape.
- Comprehensive curriculum covering various economic theories and applications.
- Experienced faculty with extensive industry and research experience.
- Access to modern facilities and resources.
- Opportunities for internships and real-world exposure.
- Strong alumni network and career support services.
Universiti Sains Malaysia (USM) Economics Rankings
| Ranking Body | Ranking |
|---|---|
| US News and World Report | Top 150 |
| QS Ranking | Top 200 |
| THE Ranking | Top 250 |
| ARWU Ranking | Top 300 |
Universiti Sains Malaysia (USM) Economics Acceptance Rate
- The acceptance rate for the Economics program at USM is competitive, reflecting the high standards and academic excellence of the university.
- Prospective students are encouraged to meet all entry requirements and submit a strong application to enhance their chances of acceptance.
Popular Economics Courses at Universiti Sains Malaysia (USM) Malaysia
Top Bachelor's Programs
- Bachelor of Economics: This program covers fundamental economic theories and quantitative methods, preparing students for various careers in economics and finance.
- Bachelor of Business Economics: Focuses on the application of economic principles in business settings, offering practical insights and analytical skills.
Top Master's Programs
- Master of Economics: A research-oriented program that delves deeper into advanced economic theories and methodologies.
- Master of Applied Economics: This program emphasizes the practical application of economic analysis in policy-making and business decisions.
Admission Requirements to Economics at Universiti Sains Malaysia (USM) Malaysia
Admission to the Economics program at USM requires meeting specific academic and language proficiency criteria. Applicants must demonstrate a strong foundation in mathematics and economics.
Entry Requirements
- Universiti Sains Malaysia (USM) Economics entrance exam
- Universiti Sains Malaysia (USM) Economics entry requirements
Eligibility Criteria
Applicants must have completed their pre-university education with a focus on mathematics and economics. Additionally, they should have a minimum GPA as specified by the university.
International students must demonstrate proficiency in English through standardized tests such as IELTS or TOEFL. Meeting these criteria ensures that students are well-prepared for the rigors of the Economics program.
Documents Required
- Completed application form
- Transcripts of previous academic qualifications
- Proof of English language proficiency
- Letters of recommendation
- Personal statement or essay
- Passport-sized photographs
Proficiency Test
All international applicants must take an English proficiency test such as IELTS or TOEFL. The scores of these tests should meet the minimum requirements set by the university to ensure that students can effectively participate in academic activities conducted in English.
Visa Process
- Obtain an acceptance letter from USM.
- Apply for a student visa at the nearest Malaysian embassy or consulate.
- Submit required documents including proof of financial support and health insurance.
- Attend a visa interview if required.
Cost of Economics at Universiti Sains Malaysia (USM) Malaysia for Indian Students
Tuition Fees
The tuition fees for the Economics program at USM vary depending on the level of study and specific course. On average, international students can expect to pay between MYR 20,000 to MYR 30,000 per year.
Cost of Living
The cost of living in Penang, Malaysia, is relatively affordable. Students should budget for accommodation, food, transportation, and other personal expenses, which can amount to approximately MYR 10,000 to MYR 15,000 per year.
| Expense | Cost (MYR) |
|---|---|
| Tuition Fees | 20,000 - 30,000 |
| Accommodation | 500 - 1,000 per month |
| Food | 300 - 600 per month |
| Transportation | 100 - 300 per month |
Scholarships at Universiti Sains Malaysia (USM) Malaysia
USM offers a range of scholarships to support talented and deserving students. These scholarships can significantly reduce the financial burden of studying abroad.
- USM Global Scholarship: Provides full tuition coverage and a monthly stipend for outstanding international students.
- Malaysia International Scholarship (MIS): A government-funded scholarship for international students pursuing higher education in Malaysia.
Job Prospects for Economics in Malaysia
Graduates of the Economics program at USM have excellent job prospects in various sectors. The demand for skilled economists is high in both the public and private sectors in Malaysia.
| Job Role | Average Salary (MYR) |
|---|---|
| Economic Analyst | 50,000 - 70,000 per year |
| Financial Consultant | 60,000 - 80,000 per year |
| Policy Advisor | 55,000 - 75,000 per year |
| Market Researcher | 45,000 - 65,000 per year |
FAQs – Economics at Universiti Sains Malaysia (USM) Malaysia
- Can I work while studying Economics at USM?
Yes, international students in Malaysia are allowed to work part-time for up to 20 hours per week during semester breaks and holidays.
- What are the advantages of studying Economics at USM?
Studying Economics at USM provides access to a comprehensive curriculum, experienced faculty, and excellent job prospects. The university's strong reputation also enhances graduates' employability.
- What is the average salary for Economics graduates from USM?
The average salary for Economics graduates from USM ranges between MYR 50,000 to MYR 80,000 per year, depending on the job role and industry.
- What is the duration of the Economics program at USM?
The duration of the Bachelor's program is typically 3 to 4 years, while Master's programs can take 1 to 2 years to complete.
- What exams are required for admission to the Economics program at USM?
Applicants may need to take the USM entrance exam and demonstrate proficiency in English through IELTS or TOEFL scores.
- What are the popular Economics courses at USM?
Popular courses include the Bachelor of Economics, Bachelor of Business Economics, Master of Economics, and Master of Applied Economics.
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