MALAYSIA: THE EMERGING EDUCATION HUB
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1 MALAYSIA: THE EMERGING EDUCATION HUB Malaysia aspires to be a regional education hub by 2020 Since 2002, the Ministry of Higher Education has vigorously embarked on initiatives to elevate standards of higher education and towards establishing Malaysia as a regional education hub Malaysia is already on the map as provider of international higher education 2% (market) of total international students are studying in Malaysia Malaysia is ranked 11 th worldwide as a destination among international students
2 HUGE MARKET POTENTIAL IN HIGHER EDUCATION Malaysia is already on the map as provider of international higher education Netherlands, Switzerland, Austria, Sweden, Italy, Spain, Belgium 6.8% Germany 9.4% France 9.0% US 21.2% UK 12.0% Others 18.8% Australia 7.5% Malaysia 2.0% South Africa 2.0% Japan 4.7% Russia. 3% New Zealand 1.5% Canada 2.7%
3 International Students Enrolment In Malaysian Higher Education 80, % p.a. 70,259 40,525 44,390 47,929 27,827 30,397 31,674
4 Higher Education Landscape (as at Dec 2010) Types of Institution Number Public University 20 Foreign University 9 Branch Campus Private University and 42 University College Private College 468 Polytechnic 27 Community College 39 Source: Ministry of Higher Education Current enrolment: 1 million TOTAL 605
5 Iskandar Educity A major new multi dimensional development in a dedicated region in Johor, south of Malaysia. An economic free zone that will include industries, residential areas, port facilities, medical park, national and state government area, and Educity Iskandar Investment Bhd (IIB), backed by the government s investment organization is responsible for developing Educity IIB plans to have eight international universities offer programs in selected fields such as business/financial studies, creative multimedia, engineering, logistics, hospitality and medicine The foreign higher education institutions and students will be co located and share common teaching, research, administration and sport facilities
6 Iskandar Educity Newcastle University (UK), scheduled to open its branch campus in 2011, will offer medical degrees that are recognized by the British Medical Council The Dutch Maritime Institute will be the second International primary and secondary schools Iskandar Educity aims to provide high quality education and produce a skilled workforce to support foreign companies located in commercial zones of Iskandar It also plans to support academic industry collaboration through joint research laboratories and design centers
7 Kuala Lumpur Education City KLEC Ventures, a private investment firm is managing this initiative Expects to attract 8 foreign universities and several local higher education institutions Research will have a central place in KLEC as plans include a research park, KLEC Academic Park involving independent or university affiliated international research institutes in the areas of life sciences, biomedical engineering, educational and media technologies KLEC aims to showcase Malaysia as an environment friendly, energy efficient and networked knowledge based regional centre
8 Liberalization Roadmap For Malaysia Private Higher Education Sector Only through a joint venture with foreign equity not exceeding 49%. Up to 51% foreign equity will considered subject to an additional needs test which includes among others: From 31 December 2012, foreign equity not exceeding 70% is allowed. Full liberalization. a) Courses deemed important to attain Malaysia s educational objectives; b) Able to generate export revenues. From 31 December 2010, foreign equity not exceeding 51 % is allowed.
9 COST OF STUDYING & LIVING IN MALAYSIA FOR INTERNATIONAL STUDENTS Cross Country Comparison of Education Cost (per academic year) for a Bachelor s Degree in Arts or Business for International Students (Among Countries that Offer Courses Using English Medium)
10 Conclusion Overall Malaysia is in a strong position, although not as well placed as Singapore in terms of actual numbers of international students and branch campuses. However, the growth rate of international students has doubled which is concrete proof of Malaysia s successful recruitment efforts
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