Economics Course in Malaysia – Requirements, Jobs & Salary
📊 Economics in Malaysia: Complete Guide
Economics is the study of how resources are efficiently allocated among individuals, businesses, and governments. It covers macroeconomics (national income, inflation, unemployment) and microeconomics (market supply and demand, price mechanisms, consumer behavior). Typical courses include economic principles, statistics, econometrics, international economics, and development economics.
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Recommended Universities
University of Nottingham Malaysia
- UK-style rigorous curriculum
- Focus on economic theory and policy analysis
Sunway University
- Collaboration with Lancaster University
- Emphasis on data economics
Taylor's University
- Applied economics and policy integration
HELP University
- Economics combined with psychology
UCSI University
- Integration of economics and finance applications
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Entry Requirements
Academic Requirements
SPM
English and Mathematics at least Credit
UEC
Minimum 5B, including Mathematics, Business or Economics
Foundation/Diploma
Business, finance, or social sciences preferred
Language
MUET Band 3 / IELTS 5.5 – 6.0
Duration & Fees
Duration: Economics undergraduate programs are typically 3 years
Fees: Total tuition fees range from RM 50,000 to RM 85,000 depending on university and course structure
Fees: Total tuition fees range from RM 50,000 to RM 85,000 depending on university and course structure
Salary & Career Prospects
| Position | Requirements | Salary Range | Career Path |
|---|---|---|---|
| Economic Analyst | Entry level, data skills (STATA, R, Python) preferred | RM 3,000 - RM 4,200 | Economic analysis, business strategy |
| Policy Researcher | Government or international agency | RM 80,000 - RM 120,000 annually | Policy research, economic development |
| Financial Consultant | Professional experience | RM 60,000 - RM 100,000 annually | Finance, banking, consulting |
| Banking Analyst | Professional experience | RM 60,000 - RM 100,000 annually | Banking, risk analysis |
Career Advantages: Economics graduates can work in economic analysis, business strategy, policy research, financial consulting, and banking. Those with strong data skills (STATA, R, Python) are especially competitive.
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Jul 19,2025