Asia School of Business

Last updated
Asia School of Business
亚洲商学院 (Chinese)
Asia School of Business.jpg
Type Private [1] graduate
Established2015 [2]
Dean Sanjay Sarma (CEO/ President) [3]
Academic staff
50 (includes full-time MIT Sloan International Faculty Fellows and engaged MIT Sloan faculty) [4]
Postgraduates ~80 full-time MBA students
Location
Kuala Lumpur
,
Malaysia
LanguageEnglish
Affiliations MIT Sloan School of Management
Bank Negara Malaysia
Website asb.edu.my
Chinese name
Simplified Chinese 亚洲商学院
Traditional Chinese 亞洲商學院

Asia School of Business(ASB) is a graduate business school in Kuala Lumpur. ASB offers MBA, EMBA and Master in Central Banking programs.

Contents

ASB is a collaboration between MIT Sloan School of Management and Bank Negara Malaysia, the Central Bank of Malaysia, offering a flagship 20-month full-time MBA program and executive education classes for local and international students. [5] 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. [2]

Courses at ASB are taught by MIT Sloan faculty and local ASB faculty, with the latter also serving as MIT Sloan International Faculty Fellows. [6] Students study at both the MIT Sloan campus located in Cambridge, Massachusetts, and the ASB campus located in Kuala Lumpur. [2]

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, offering a full-time MBA degree.[ clarification needed ] The first cohort, the Class of 2018, arrived in Kuala Lumpur for orientation in Fall 2016. The inaugural graduation ceremony was held in Spring 2018.[ citation needed ]

In 2019, ASB launched its MBA for Working Professionals program, a 22-month program designed in modular format for working professionals.[ citation needed ]

In 2020, ASB merged with The Iclif Leadership and Governance Centre, forming the ASB Iclif Executive Education Center (Iclif).

ASB moved into its new 30-acre campus in Kuala Lumpur in the second half of 2020. [7]

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 Kuala Lumpur. 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.

Admissions have 40 to 45 slots available in each year's MBA intake, and all enrolled full-time residential MBA students receive some form of scholarships and financial aid, including full scholarships. [7] [8] 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). [9] [10] [11] 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. [12]

MBA Program for Working Professionals

The Asia School of Business (ASB) MBA for Working Professionals Program (MBA-WP) is a 22-month program designed in modular format for working professionals. [13]

The program includes a 4-week immersion at MIT Sloan in Cambridge, Massachusetts, and 3 hands-on business practicums with the students' respective employers. [13]

Master of Central Banking Program

The Master of Central Banking (MCB) is a year-long residential program designed especially for central bankers. [14]

Non-Degree Programs and Executive Education

Executive Education

The Iclif Executive Education Center (Iclif) at Asia School of Business (formerly The Iclif Leadership and Governance Centre) provides corporate governance training and non-degreed programs to support the professional development of C-Suites and senior management. Iclif was established by Bank Negara Malaysia in 2003 as an Asia-based independent non-profit organization. Since its inception, Iclif has also branched out to offer programs and research opportunities in the areas not only on leadership development, but also in corporate governance. In 2020, Iclif merged with ASB to extend its set of offerings in executive education, and now offers additional courses in general management and finance. [15]

Currently, Iclif offers a set of Open-Enrollment Programs and Custom-Built programs. Participants in Open-Enrollment courses can upgrade their participation credits into an Executive Certificate in one of the four available Tracks: Leadership, Finance & Global Economy, Corporate Governance, and General Management. In addition to the Open-Enrollment programs, Iclif also offers a set of mandatory programs for Malaysian board members of listed companies (Mandatory Accreditation Program (MAP)) and for Malaysian directors of financial institutions (Financial Institutions Directors’ Education (FIDE)).

Campus

Interior of Asia School of Business Asia School of Business (230715-1230).jpg
Interior of Asia School of Business

ASB's campus is located on a 30-acre plot of land in Kuala Lumpur beside Bank Negara Malaysia headquarters. [16]

ASB's campus consists of an academic village designed to host the MBA, Master of Central Banking, executive education courses, and other events, as well as a residential quad that has the capacity to house 700 students, visiting faculty, and short-term students. [17]

ASB’s sprawling 22.2-acre residential and academic campus is located near the central business district and can accommodate over 1,200 students, faculty, and staff. [18]

Academic Building

The academic building spans six levels. The ground level (Level G) and first floor (Level 1) are public areas. Levels 2 and 3 are designed around learning and education – housing classrooms, research centers, study spaces, and a library. Levels 4 and 5 are built around faculty collaboration, scholarship, and innovation.[ clarification needed ]

Research centers

See also

Related Research Articles

<span class="mw-page-title-main">Columbia Business School</span> Business school of Columbia University

Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest business schools in the world.

<span class="mw-page-title-main">MIT Sloan School of Management</span> Business school of the Massachusetts Institute of Technology

The Sloan School of Management at Massachusetts Institute of Technology is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its degree programs are among the most selective in the world. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the Solow–Swan model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.

<span class="mw-page-title-main">INSEAD</span> International business school

INSEAD, a contraction of "Institut Européen d'Administration des Affaires", is a non-profit graduate business school that maintains campuses in France, Singapore, the United Arab Emirates, and the United States. Its degree programs are postgraduate-only, taught in English and include a full-time Master of Business Administration (MBA), an Executive MBA (EMBA), Master in Management (MIM), Doctor of Business Administration, Executive Master of Finance and executive education programs.

<span class="mw-page-title-main">University of Malaya</span> Public research university in Kuala Lumpur, Malaysia

The University of Malaya is a public research university located in Kuala Lumpur, Malaysia. It is the oldest and highest ranking Malaysian institution of higher education, and was the only university in newly independent Malaya. The university has graduated five prime ministers of Malaysia, and other political, business, and cultural figures of national prominence.

<span class="mw-page-title-main">Stanford Graduate School of Business</span> Business school of Stanford University

The Stanford Graduate School of Business is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business school in the United States, admitting only about 6% of applicants.

<span class="mw-page-title-main">Central Bank of Malaysia</span> Central Bank of Malaysia

The Central Bank of Malaysia is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya, its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia.

The Joseph L. Rotman School of Management is the University of Toronto's graduate business school, located in Downtown Toronto. The University of Toronto has been offering undergraduate courses in commerce and management since 1901, but the business school was formally established in 1950 as the Institute of Business Administration. The name was changed to the Faculty of Management Studies in 1972 and subsequently shortened to the Faculty of Management in 1986. The school was renamed in 1997 after Joseph L. Rotman (1935–2015), its principal benefactor.

<span class="mw-page-title-main">Tuck School of Business</span> Graduate business school of Dartmouth College, in New Hampshire, US

The Amos Tuck School of Business Administration at Dartmouth College is the graduate business school of Dartmouth College, a private Ivy League research university in Hanover, New Hampshire. The school only offers a Master of Business Administration degree program.

<span class="mw-page-title-main">Maybank</span> Malaysian bank

Malayan Banking Berhad is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fourth-top brand amongst the Asean countries and ranked 70th among the world’s most valuable bank brands.

ASB or asb may refer to:

Istanbul Bilgi University, officially established in 1996, is a private university located in Istanbul, Turkey.

<span class="mw-page-title-main">İzmir University of Economics</span> Private university in İzmir, Turkey

İzmir University of Economics is a foundation university located in İzmir, Turkey. Founded on April 14, 2001, the university is the first foundation university of Aegean Region. The medium of instruction is English. With the approval of the Council of Higher Education, it may be decided that education in some units and programs of the university may be provided partially or completely in a language other than Turkish or English.

<span class="mw-page-title-main">Asian School of Business</span> Business school in Technocity West, Pallipuram, Trivandrum, Kerala. India

Asian School of Business is an AICTE approved business school located in Technocity West, Pallipuram, Trivandrum, Kerala. India. The institution was established in 2005.

<span class="mw-page-title-main">HELP University</span> University in Kuala Lumpur, Malaysia

HELP University is a private university in Kuala Lumpur, Malaysia. It was founded on 1 April 1986 by its Chancellor, Paul Chan Tuck Hoong, and his wife, Chan-Low Kam Yoke.

The architecture of Kuala Lumpur is a blend of old colonial influences, Asian traditions, Malay Islamic inspirations, modern and post modern mix. Being a relatively young city, most of Kuala Lumpur's colonial buildings were built toward the end of 19th and early 20th century. These buildings have Mughal, Tudor, Neo-Gothic or Grecian-Spanish style or architecture. Most of the styling have been modified to cater to use local resources and the acclimatized to the local climate, which is hot and humid all year around.

Tsinghua University School of Economics and Management (清华大学经济管理学院) is the management school of Tsinghua University in Beijing, China. The school offers undergraduate, master, doctoral, and many executive education programs, with a total enrollment of more than 3,000 students.

<span class="mw-page-title-main">Hospital Canselor Tuanku Muhriz UKM</span> Hospital in Kuala Lumpur, Malaysia

Hospital Canselor Tuanku Muhriz UKM or HCTM, formerly known as Hospital Universiti Kebangsaan Malaysia (HUKM), is one of the five university hospitals in Malaysia. It is located in Bandar Tun Razak, Kuala Lumpur and is administered by Universiti Kebangsaan Malaysia (UKM).

<span class="mw-page-title-main">Kuala Lumpur Metropolitan University College</span> Private university college in Malaysia

Kuala Lumpur Metropolitan University College is a university college located in Kuala Lumpur, Malaysia. It was established in 1991. The College currently offers over 17 programmes in 3 distinctive faculties.

<span class="mw-page-title-main">International University of Malaya-Wales</span> Private university in Malaysia

International University of Malaya-Wales is a private university based in Kuala Lumpur, Malaysia. It was founded in 2013 as a partnership between University of Malaya (UM) and University of Wales.

The Iclif Leadership and Governance Centre (Iclif) is a non-profit organisation in Kuala Lumpur, Malaysia, dedicated to executive education, research, coaching, and advisory services in the areas of leadership development and corporate governance.

References

  1. ↑ "SENARAI DAFTAR IPTS YANG MEMPUNYAI KELULUSAN PENGAMBILAN PELAJAR ANTARABANGSA SEHINGGA (PDF files)" . Retrieved March 17, 2024.
  2. 1 2 3 "Asia School of Business (ASB)". MIT Sloan.
  3. ↑ "Sanjay Sarma - ASB Leadership Team". 28 March 2023.
  4. ↑ "Our Faculty | Asia School of Business". Asia School of Business Malaysia. July 23, 2020.
  5. ↑ "| Bank Negara Malaysia | Central Bank of Malaysia". www.bnm.gov.my.
  6. ↑ "Asia School of Business (ASB)". MIT Sloan. Retrieved 2020-12-03.
  7. 1 2 "New campus opens next year | The Star". www.thestar.com.my.
  8. ↑ "ASB MBA Program & Admissions Interview with Sean Ferguson". Touch MBA. January 27, 2019.
  9. ↑ Hannah, Georgina. "Poets&Quants | Asia School of Business In Collaboration With MIT Sloan". Poets&Quants.
  10. ↑ "INSEAD MBA - Class 2020 Profile and Employment Report". e-GMAT Blog | Best GMAT blog on the planet. November 16, 2020.
  11. ↑ "Our Class - Full-Time MBA Program". www.mba.ust.hk.
  12. ↑ "Affiliate Alumni Directory". MIT Sloan.
  13. 1 2 "Asia School of Business (ASB) | Global Programs | MIT Sloan". mitsloan.mit.edu. Retrieved 2023-06-06.
  14. ↑ "Program Offers Masters Degree in Central Banking". bloomberg.com. 30 September 2019.
  15. ↑ "Integration of Iclif with the Asia School of Business to Provide Broader Set of Business Education Offerings". markets.businessinsider.com.
  16. ↑ "ASB Breaks Ground for New Campus". bnm.gov.my.
  17. ↑ "About Asia School of Business in collaboration with MIT Sloan". asb.edu.my. March 5, 2020.
  18. ↑ "A WORLD-CLASS PURPOSE-BUILT CAMPUS WITHOUT RIVAL IN SOUTHEAST ASIA". asb.edu.my. 8 September 2021.
  19. ↑ "Maybank Contributes RM21 Million To Establish Maybank ASEAN Research Center", see: https://www.businesstoday.com.my/2022/03/31/maybank-contributes-rm21-million-to-establish-maybank-asean-research-center/

3°09′27″N101°41′28″E / 3.15758°N 101.69103°E / 3.15758; 101.69103

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.