Faculty of Business and Economics, Universiti Malaya

What Faculty of Business and Economics, Universiti Malaya does

Faculty of Business and Economics (FBEc) is an academic faculty within Universiti Malaya, a Malaysian public research university located at the Azman Hashim Building in Kuala Lumpur. Established in 1967 and renamed from the Faculty of Business and Accountancy in 2021, FBEc delivers degree programmes across four undergraduate bachelor's degrees (BBA, BAcc, BFin, BEc), nine postgraduate master's programmes (MBA, MM, MMkt, MAcc, MEc, MAS, MPA, MDS, Euro-Asian MBA-MSc), and two doctorate programmes (PhD, DBA), plus executive education through its Centre of Business Excellence (CBE). The Universiti Malaya Business School (UMBS) operates as the dedicated postgraduate business school within FBEc.

FBEc holds the "triple crown" of international business school accreditations — AACSB (since 2016, extended 2021), AMBA (since 2007), and EFMD recognition — alongside fifteen additional professional body accreditations spanning accounting, finance, marketing, and auditing (CFA, ACCA, CPA Australia, MICPA, ICAEW, CIM, IIA, CIMA, AICB, MFPC, CIPFA, MAICSA, AMI). It ranked 101–125 globally in Business & Economics in THE 2026 and 151–200 globally / 23rd in Asia in the QS Global MBA Rankings 2026. The faculty operates with 101–250 employees across departments of Economics, Management and Marketing, Decision Science, Finance, Accounting, and Political Science / Public Administration / Development Studies.

Revenue is generated primarily through tuition fees from degree programmes (subscription/recurring), executive education and corporate training delivered via CBE (professional services), and one-time application processing fees (MYR 50 for Malaysian applicants, USD 60 for international applicants). GTM is predominantly direct-to-consumer through the university's MAYA admissions portal, supplemented by enterprise field sales via CBE for customised corporate training. The faculty does not operate proprietary technology platforms; the underlying delivery model is classroom-based at the Kuala Lumpur main campus, with Master's classes held weekday evenings and DBA classes on weekends. Industry engagement is reinforced by the CEO@Faculty programme, which embeds sitting CEOs from Maybank, Telekom Malaysia, Malaysia Aviation Group, Axiata, and Cypark Resources, and an International Advisory Board with representation from Sasin, Kingston, Adelaide, Western Michigan, WU Vienna, SMU, BCG and KPMG Malaysia.

Name

Faculty of Business and Economics, Universiti Malaya

Legal name

Faculty of Business and Economics, Universiti Malaya

Website

https://fpe.um.edu.my

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

51–100 employees

Short description

Faculty of Business and Economics, Universiti Malaya is a Malaysian public university faculty offering undergraduate, postgraduate, and doctoral programmes in business, accounting, finance, and economics, plus executive education through its Centre of Business Excellence, serving students and corporate clients.

Ownership category

akta.pro rank

Product category

Higher Education (Business School)

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAHAHAA

Undergraduate Business Schools (BBA/BSBA Programs)

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHAHAO

Management Research Institutes & Doctoral (PhD/DBA) Programs

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHAHAN

Executive Education & Corporate Programs (Non-degree)

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHAHAJ

International Business & Global Management Schools

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHAHAE

Marketing, Sales & Brand Management Schools

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

Keywords

• Business education programs
• Executive training services
• Postgraduate management degrees
• Accounting and finance courses
• University degree programs

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Undergraduate Tuition: Degree programmes with 3.5-4 year duration, full-time study mode covering business administration, accounting, finance, and economics disciplines.
2. Postgraduate Tuition: Master's programmes (MBA 46 credits, MAcc 43 credits, MM 43 credits, MMkt 42 credits, MEd 42 credits, MPA 42 credits, MAS 42 credits, MDS 42 credits) and Doctorate programmes (DBA 81 credits, PhD). Full-time programmes with weekday evening or weekend classes.
3. Executive Education (CBE): Industry-driven executive education, strategic training programmes and advisory services through Centre of Business Excellence including leadership development, corporate training, business advisory and international study visits.
4. Application Processing Fees: Processing fee of MYR 50.00 for Malaysian applicants and USD 60.00 for international applicants.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

The Faculty of Business and Economics delivers undergraduate bachelor's degrees, postgraduate master's and doctoral programmes, and executive education. It offers BBA, BAcc, BFin and BEc at undergraduate level; MBA, MM, MMkt, MAcc, MEc, MAS, MPA, MDS, Euro-Asian MBA-MSc at master's level; and PhD and DBA at doctorate level, all in business, accounting, finance, economics, management and marketing disciplines. The Centre of Business Excellence (CBE) provides customised corporate training, leadership development, business advisory and international study visits to organisations.

Product overview

The Faculty of Business and Economics (FBEc) offers a comprehensive portfolio of academic programmes spanning undergraduate bachelor's degrees (BBA, BAcc, BFin, BEc), postgraduate master's programmes (MBA, Euro-Asian MBA-MSc, MM, MMkt, MAcc, MEc, MAS, MPA, MDS), doctoral degrees (PhD, DBA), and executive education through the Centre of Business Excellence (CBE). The Universiti Malaya Business School (UMBS) serves as the dedicated unit for postgraduate business education delivery. The portfolio covers business administration, accounting, finance, economics, marketing, management, public administration, development studies, and applied statistics disciplines, with programmes designed for full-time study at the Azman Hashim Building campus.

Differentiator

Problem solved

Functional benefit

Brands

• Universiti Malaya Business School (UMBS): Postgraduate business school offering MBA, Master, and Doctorate programmes
• Centre of Business Excellence (CBE)

Products and services

• Bachelor of Business Administration (BBA) Undergraduate degree programme developing leadership, strategic thinking and management competencies in marketing, human resource management, and entrepreneurship for high school graduates seeking a 3.5-4 year full-time business administration degree.
• Bachelor in Accounting (BAcc) Undergraduate degree building foundations in accounting, auditing, taxation and financial reporting for professional accounting careers, recognised by ICAEW, MICPA, ACCA, CPA Australia and other professional accounting bodies.
• Bachelor of Finance (BFin) Undergraduate degree providing knowledge in financial analysis, investment, banking, risk management and financial planning for high school graduates seeking finance careers.
• Bachelor of Economics (BEc) Undergraduate degree focused on economic systems, public policy and data-driven decision making with specialisations in applied economics, economic policy, data analytics and economic research.
• Master of Business Administration (MBA) Coursework-based postgraduate programme of 46 credits exposing students to theoretical concepts and analytical tools for dynamic business environments, with five concentration areas, taught in weekday evening classes for working professionals.
• Euro-Asian MBA-MSc International dual-degree postgraduate programme combining MBA and MSc qualifications with a Euro-Asian focus for students seeking cross-continental business credentials.
• Master of Management (MM) Coursework-based postgraduate programme of 43 credits for aspiring managers focusing on management skills, business decision-making and international business, taught in weekday evening classes.
• Master of Marketing (MMkt) Coursework-based postgraduate programme of 42 credits producing graduates with advanced knowledge and skills in marketing with emphasis on social responsibility and professional ethics.
• Master of Accounting (MAcc) Mix-mode postgraduate programme of 43 credits equipping students with advanced knowledge in accounting, reporting and management accountability for professional and academic advancement.
• Master of Economics (MEc) Coursework-based postgraduate programme of 42 credits for aspiring economic analysts providing broad knowledge in economics with research training.
• Master of Applied Statistics (MAppStats) Coursework-based postgraduate programme of 42 credits upgrading analytical skills for data analysis, statistical applications and decision-making across various industries.
• Master of Public Administration (MPA) Coursework-based postgraduate programme of 42 credits synergising political science and public administration for governance challenges at national and regional levels.
• Master of Development Studies (MDS) Multidisciplinary postgraduate programme of 42 credits providing grounding in development from theoretical, conceptual, historical and contemporary perspectives for scholars, practitioners and policymakers.
• Doctor of Philosophy (PhD) Research doctorate in business and economics developing critical thinking skills for academic research, with assigned supervisor and coursework in research methodology.
• Doctor of Business Administration (DBA) Coursework-based doctorate of 81 credits developing critical thinking skills for business professionals, integrating theory and practice over three years of weekend classes (Saturday to Sunday, 9.00 am – 5.00 pm).
• Centre of Business Excellence (CBE) Executive Education Executive education division delivering industry-driven programmes, strategic training and advisory services for corporate clients, including leadership development, customised corporate training, business advisory and international study visits.
• Universiti Malaya Business School (UMBS) Postgraduate Programmes The postgraduate business school within FBEc offering all master and doctorate programmes, providing research excellence, global perspectives and professional networking for postgraduate students.

Quantifiable outcome

• RM15,000 cash prize at HSBC Malaysia Business Case Competition 2026, representing Malaysia at Asia Pacific and Global Finals
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core.

• Sasin School of ManagementcoreStrategic or Co-development PartnerInternational Advisory Board member Professor Dr. Ian Fenwick from Sasin School of Management provides guidance on academic excellence and international best practices.
• Kingston UniversitycoreStrategic or Co-development PartnerInternational Advisory Board member Professor Dr. Martyn Jones, former Deputy Vice-Chancellor, provides strategic guidance on academic development and governance.
• Adelaide UniversitycoreStrategic or Co-development PartnerInternational Advisory Board member Professor Dr. Andrew Beer, Dean of School of Management College of Business and Law, contributes expertise on business education.
• Western Michigan UniversitycoreStrategic or Co-development PartnerInternational Advisory Board member Professor Dr. Ann Veeck, Professor of Marketing, provides marketing expertise and global academic perspectives.
• Vienna University of Economics and Business (WU)coreStrategic or Co-development PartnerInternational Advisory Board member Professor Dr. Bodo B. Schlegelmilch, Professor Emeritus and Dean Emeritus of WU Executive Academy, provides global marketing strategy expertise.
• Singapore Management UniversitycoreStrategic or Co-development PartnerInternational Advisory Board member Dr. Lena Lee, Deputy Director of Corporate Services at Lee Kong Chian School of Business, contributes industry perspectives from Singapore.
• Boston Consulting Group (BCG)coreStrategic or Co-development PartnerInternational Advisory Board member Dr. Ramon Bravo Gonzalez serves as Senior Manager at BCG London, providing strategic consulting perspectives to the Faculty.
• KPMG MalaysiacoreStrategic or Co-development PartnerInternational Advisory Board member Dr. Veerinderjeet Singh serves as Senior Advisor Tax Policy, contributing tax policy and professional accounting expertise.
• Association of Chartered Certified Accountants (ACCA)coreOthersProfessional Bodies Liaison Officer Dr. Mas Nordiana Rusli serves as liaison for ACCA recognition and accreditation support for accounting students.
• CPA AustraliacoreOthersProfessional Bodies Liaison Officer Dr. Dalilah Abdul Aziz serves as liaison for CPA Australia recognition and professional accounting accreditation.
• Malaysian Institute of Accountants (MIA)coreOthersProfessional Bodies Liaison Officer Associate Professor Dr. Nooradwa Sulaiman serves as liaison for MIA recognition and professional accounting standards.
• Institute of Chartered Accountants in England and Wales (ICAEW)coreOthersProfessional Bodies Liaison Officer Dr. Yazkhiruni Yahya serves as liaison for ICAEW recognition and professional accounting accreditation.
• The Malaysian Institute of Certified Public Accountants (MICPA)coreOthersProfessional Bodies Liaison Officer Professor Dr. Anna Azriati Che Azmi serves as liaison for MICPA recognition and professional accounting accreditation.
• Chartered Institute of Management Accountants (CIMA)coreOthersProfessional Bodies Liaison Officer Dr. Dayana Jalaludin serves as liaison for CIMA recognition and management accounting accreditation.
• Institute of Internal Auditors (IIA)coreOthersProfessional Bodies Liaison Officer Dr. Suhaily Shahimi serves as liaison for IIA recognition and internal auditing professional standards.
• Asian Institute of Chartered Bankers (AICB) & CFA InstitutecoreOthersProfessional Bodies Liaison Officer Associate Professor Dr. Koh Hsieng Yang serves as liaison for AICB and CFA recognition for banking and finance programmes.
• Chartered Institute of Marketing (CIM)coreOthersProfessional Bodies Liaison Officer Dr. Nor Hazlina Hashim serves as liaison for CIM recognition for marketing programmes since 2022.
• Industry Leaders and Institutional PartnerscoreStrategic or Co-development PartnerCBE collaborates with industry leaders, professional bodies and institutional partners to deliver relevant, impactful and industry-aligned executive education, training and advisory initiatives.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Chulalongkorn Business School: Thailand's premier business school at Chulalongkorn University, ASEAN regional peer with similar public university positioning. Competes in the same regional rankings and for international student inflows across Southeast Asia.
• Singapore Management University (SMU): Top-tier Singaporean business school with comparable AACSB and AMBA accreditations and stronger MBA rankings. Competes for Malaysian top students willing to study abroad and for international faculty talent in the same Southeast Asian market.

Direct peers

• Universiti Kebangsaan Malaysia - Faculty of Economics and Business: Another Malaysian public research university business faculty with similar degree portfolio in economics, accounting, and business administration. Direct competitor for Malaysian student applicants and faculty talent.
• Universiti Putra Malaysia - Faculty of Economics and Management: Direct Malaysian public university peer offering business and economics undergraduate, master's, and doctoral programmes. Competes for same domestic student pool and similar faculty talent, with comparable AACSB-equivalent positioning in Malaysia.
• Sunway University Business School: Malaysian private university business school that competes aggressively for undergraduate and postgraduate students. Holds AACSB-equivalent accreditation status and offers MBA programmes in the same domestic market.
• Taylor's University Business School: Leading Malaysian private university with AACSB-accredited business programmes. Competes directly for both domestic and international students seeking AACSB-equivalent credentials, often with more modern digital infrastructure.
• Universiti Sains Malaysia - School of Management: Malaysian public research university business school offering comparable BBA, MBA, and doctoral programmes. Same APEX university tier as UM and direct competitor for postgraduate students in northern Malaysia.
• Universiti Teknologi MARA (UiTM) - Faculty of Business and Management: Malaysia's largest public university with extensive business and management programmes across multiple campuses. Competes for similar Malaysian student segments and produces large graduate cohorts into the same domestic job market.

Broad incumbents

• NUS Business School: Globally top-ranked Asian business school and Singapore national university. Operates as the dominant incumbent in ASEAN business education, attracting Malaysian students and setting regional benchmarking standards against which FBEc must compete.

Emerging players

• Sasin School of Management: Chulalongkorn-affiliated graduate-only business school in Thailand. FBEc's own International Advisory Board includes Professor Ian Fenwick from Sasin, indicating direct academic linkage; comparable postgraduate positioning with MBA and executive education offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/UMFPE21
• Facebookfacebook.com/UMFPE21
• LinkedInlinkedin.com/company/umfpe21

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faculty of Business and Economics, Universiti Malaya