Asia School of Business

Asia School of Business (ASB) is a partnership between MIT Sloan School of Management and Bank Negara Malaysia (the Central Bank of Malaysia). The partnership is a business school offering business administration related courses in the form of a 20-month full-time MBA program and executive education classes for students from Malaysia and around the world.[3] Through the partnership, MIT Sloan and Bank Negara collaborate on academic program design, curriculum design, organizational design, admissions, and the administration of the Asia School of Business.[1] Courses at ASB are taught by MIT Sloan faculty and local ASB faculty, with the latter also serving as MIT Sloan International Faculty Fellows.[4] Students study at both the MIT Sloan campus located in Cambridge, Massachusetts, and the ASB campus located in Bukit Tunku, Kuala Lumpur.[1]

Asia School of Business
TypeBusiness School
Established2015[1]
DeanCharles Fine
Academic staff
50 (includes full-time MIT Sloan International Faculty Fellows and engaged MIT Sloan faculty)[2]
Postgraduates~80 full-time MBA students
Location
Bukit Tunku, Kuala Lumpur
,
Malaysia
LanguageEnglish
AffiliationsMIT Sloan School of Management and Bank Negara Malaysia
Websiteasb.edu.my

History

ASB was founded in 2015 by Zeti Akhtar Aziz, the former governor of Bank Negara Malaysia, and Professor Richard Schmalensee, Dean Emeritus of MIT Sloan. The school opened in 2016. ASB moved into its new 30-acre campus in Bukit Tunku in the first half of 2020.[5]

Degree Programs and Curriculum

MBA Program

ASB's main program is its MBA program where students study at both the MIT Sloan campus located in Cambridge, Massachusetts, and the ASB campus located in Bukit Tunku, Kuala Lumpur.[1] ASB's curriculum for its 20-month full-time MBA program is similar to the curriculum of two-year full-time MBA programs in the United States, and is modeled after the full-time MBA curriculum at MIT Sloan.[5]

Admissions have 40 to 45 slots available in each year's MBA intake, and all enrolled full-time residential MBA students receive some form scholarships which range up to full amount of tuition to attend.[5][6] Approximately 80% of ASB's students come from outside of Malaysia, and around 43% of the students are female (while other business schools in the region have student bodies that range from 35% women to 40% women).[7][8][9] Upon graduation, students receive a Certificate of Completion issued from the Massachusetts Institute of Technology and become members of the alumni organizations of both MIT Sloan and ASB.[10]

MBA Program for Working Professionals

The Asia School of Business (ASB) MBA for Working Professionals Program (MBA-WP) is a 22-month program designed for working professionals.

Campus

ASB's campus is located on a 30-acre plot of land in Bukit Tunku beside Bank Negara Malaysia headquarters.[11]

ASB's campus consists of an academic village for full-time MBA and executive education courses, as well as a residential quad that has the capacity to house 700 students, visiting faculty, and students participating in executive education.[12]

Research centers

See also

References
  1. "Asia School of Business (ASB)". MIT Sloan.
  2. "Our Faculty | Asia School of Business". Asia School of Business Malaysia. July 23, 2020.
  3. "| Bank Negara Malaysia | Central Bank of Malaysia". www.bnm.gov.my.
  4. "Asia School of Business (ASB)". MIT Sloan. Retrieved 2020-12-03.
  5. "New campus opens next year | The Star". www.thestar.com.my.
  6. "#147 ASB MBA Program & Admissions Interview with Sean Ferguson -". Touch MBA. January 27, 2019.
  7. Hannah, Georgina. "Poets&Quants | Asia School of Business In Collaboration With MIT Sloan". Poets&Quants.
  8. "INSEAD MBA - Class 2020 Profile and Employment Report". e-GMAT Blog | Best GMAT blog on the planet. November 16, 2020.
  9. "Our Class - Full-Time MBA Program". www.mba.ust.hk.
  10. "Affiliate Alumni Directory". MIT Sloan.
  11. "new campusws-releases/asia-school-of-business-breaks-ground-for-new-campus-300224631.html ASB Breaks Ground for New Campus".
  12. "About Asia School of Business in collaboration with MIT Sloan". Asia School of Business Malaysia. March 5, 2020.

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