Asia School of Business in collaboration with MIT Sloan (ASB)

Master In Central Banking

Kuala Lumpur, Malaysia 1.5 years Taught in English Open to international students

Why students choose Asia School of Business in collaboration with MIT Sloan (ASB)

  • Built with MIT Sloan — curriculum and faculty from the MIT Sloan School of Management
  • Founded by Bank Negara Malaysia, the country's central bank
  • An international cohort in Kuala Lumpur — 400 of 1,600 students come from abroad
  • Full-time MBA tuition — RM 150,000 for the 2026/2027 academic year
  • Master in Central Banking — a specialised RM 335,000 programme, alongside the flagship MBA

About Master In Central Banking

At Asia School of Business in collaboration with MIT Sloan (ASB), applications for the Sep 2027 intake are due by Jul 15, 2027, while tuition is 81,947 USD per year.

Navigating the complex intersection of monetary policy, financial stability, and digital innovation requires a unique blend of rigorous academic training and real-world institutional expertise. The Master in Central Banking (MCB) is a specialized residential programme crafted specifically to meet the evolving needs of personnel within central banks and related public institutions, such as financial regulatory bodies and sovereign wealth funds.

By integrating a six-week MIT Sloan Immersion into its core structure, the programme ensures that participants engage directly with world-class faculty and global leaders in finance. This residential experience is complemented by a series of pro-seminars, where students gain invaluable perspectives from former central bank governors and senior policy practitioners. The curriculum is designed to be highly integrative, viewing the central bank not as a collection of silos, but as a dynamic system that must balance macroeconomic stability, financial regulation, and technological transformation.

Programme Distinction

Beyond the core coursework, the MCB provides a truly international perspective through direct engagement with major global financial institutions. Participants benefit from:

  • A six-week immersion at MIT Sloan in Cambridge, Massachusetts.
  • Exclusive access to seminars at the IMF and the New York Federal Reserve.
  • MIT Affiliate status upon graduation, including lifetime email forwarding.
  • A curriculum shaped by an Advisory Board of Nobel laureates and former central bank governors.

About Asia School of Business in collaboration with MIT Sloan (ASB)

​Asia School of Business (ASB) is a private business school established in 2015 through a collaboration between Bank Negara Malaysia (the Central Bank of Malaysia) and the MIT Sloan School of Management. Located in Kuala Lumpur, Malaysia, ASB offers a distinctive, globally focused education experience with an emphasis on emerging markets, action learning, and leadership development. The school is recognized for its rigorous academic curriculum, real-world business immersion, and its commitment to shaping transformational leaders in Asia and beyond.​

​Asia School of Business (ASB) aims to redefine business education in Asia by combining MIT Sloan’s academic excellence with deep regional insight. Its flagship MBA program integrates classroom learning with practical, hands-on experiences through its unique Action Learning projects, where students solve real business challenges across Asia.

ASB attracts a diverse, international student body and faculty, creating a dynamic environment for collaboration and innovation. In addition to the MBA, ASB offers executive education programs designed to develop leadership capabilities in a rapidly changing global economy.

With a mission to advance responsible leadership and economic transformation in Asia, ASB is emerging as a center of excellence in business education, research, and corporate engagement, supported by a strong partnership with MIT and its global network.​

Fees

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Tuition (international students)
81,947 USD per year
Quoted as 335,000 MYR per year
Application Fee
0 USD

Accommodation

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You will need to book the accommodation after you have been accepted.

You can choose to live on campus or off campus in private accommodation.

How to Book

Register when you arrive

It’s not possible to reserve a room before arriving. You can arrive a few days before and book it.

Entry Requirements

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All students from all countries are eligible to apply to this program.

Admissions Process

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  1. 1
    Step 1 Choose programs
  2. 2
    Step 2 Apply online
  3. 3
    Step 3 Enroll
Preparing documents

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. See document and eligibility requirements

Required documents

• Curriculum Vitae

• English Language Certificate

• Personal Statement

• Your Highest Academic Transcript (in English)

• Your Photograph

• Your Graduation Certificate (in English)

• Your Passport Copy

Application process

• Applying Online is simple in just a few steps. Learn more about the application process

• The first steps are to choose the programs, pay the application fee and upload the application documents.

• Once submitted to Global Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

• After it has been processed to the university you will receive your unique application ID from each university.

• The university may contact you directly for further questions.

• We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

• After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

• Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.

Master In Central Banking: Frequently Asked Questions

What are the fees for Master In Central Banking?
Tuition: USD 81,947.16 per year.
How long is the Master In Central Banking program?
The program duration is 1.5 year.
What is the application deadline?
The application deadline is 2027-07-15.
Is Master In Central Banking available online?
This is an on-campus program at Asia School of Business in collaboration with MIT Sloan (ASB) in Kuala Lumpur.

Asia School of Business in collaboration with MIT Sloan (ASB) Reviews

Location
8.0
Accommodation
8.0
Food
7.5
Student experience
7.3
Value for money
7.5
Classes
8.3
Facilities
7.5
Recommend a friend?
8.0

Anonymous

7.4

Self funded · Lived off campus

A fabulous center for learning from the best! excellent venue with excellent facilities. worth every moment.

Reviewed on April 29, 2025

Anonymous

7.9

Self funded · Lived off campus · Master in Business Administration - Full-time MBA

Excellent MBA program!

Reviewed on April 29, 2025

Anonymous

7.9

Self funded · Lived off campus · Master in Executive MBA

Great School and learning atmosphere!

Reviewed on April 29, 2025

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