Sloan Partners with Malaysia Central Bank to Establish Asia School of Business

The MIT Sloan School of Management has announced that it has partnered with Bank Negara Malaysia, the nation’s central bank, to establish the Asia School of Business. The school is scheduled to open in September 2016. It will host an inaugural class of 25 to 35 students in a two-year MBA program. Sloan Professor Charles Fine will serve as the founding president and dean of the Asia School of Business.

The Asia School of Business will reflect both the central bank’s want for education for practical application and Sloan’s practice-oriented approach to management and will apply Sloan’s values and approach to the school’s curriculum. In the future, The Asia School of Business will have its own faculty, but professors from MIT Sloan will teach at the school and provide guest lectures for in the beginning of the program. Tuition for Asia School of Business will be around $40,000 per year.

During its first year, the school will be housed within Bank Negara Malaysia’s headquarters, located on the cusp of Kuala Lumpur’s business district. Classes will be held in the bank’s state-of-the-art learning center and students will live at its residential campus. Plans to build a new campus for the school are underway. Kuala Lumpur is an English-speaking global financial center. The city has a large number of natural resources, well-developed infrastructure, and a high degree of Internet connectivity.

As part of the partnership, Asia School of Business students will spend four weeks at MIT Sloan learning about U.S. business as part of an exchange program. Students will also visit companies in the Boston area, attend lectures from Sloan faculty and complete an action learning project with MBA students at Sloan.

regions: Boston

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