Master in Central Banking (MCB)

Asia School of Business

Master’s Degree (Master in Central Banking)

Full-time residential

12 months

Based in Kuala Lumpur, Malaysia, at Asia School of Business; includes a six-week MIT Sloan immersion in Cambridge, Massachusetts, USA

Official admissions page states September 2026 intake is open; FAQ states each intake starts in September and graduates in August of the following year

RM335,000 total programme fee for the 12-month MCB programme in the 2026–2027 academic year (approximately USD76,000). The official programme page states this includes tuition fees, MIT Immersion / MIT Immersion Program, standard accommodation in Kuala Lumpur and during the MIT Immersion Program in the USA, programme-related travel expenses, visas, insurance, school supplies, and applicable taxes. The official page separately estimates RM45,000 for food and personal expenses over the 12-month programme duration, which are not included.

The official page positions the programme for central bankers, financial regulators, and related public-institution professionals. It states the curriculum connects all core functions of central banking, provides a broad perspective, and will assist you in deciding on a career path at the Central Bank.

For applicants required to provide proof of English proficiency, the official minimums listed are: International applicants whose native language is English, or who completed an undergraduate degree taught in English, automatically fulfill this requirement according to the official page. The official page also notes that Malaysian nationals who did not complete their undergraduate degree in English are required to submit an accepted English test in line with Ministry of Higher Education guidelines.

the admissions page says “Applications for the September 2026 MCB Intake Are Now Open!”, but later on the same page, Round 3 and Round 4 still show 2025 dates. Please verify the current round deadlines directly with ASB.