Thinking about studying abroad but worried about the costs? Malaysia is a fantastic option, offering top-notch education, vibrant cultural experiences, and a budget-friendly lifestyle. If you’re a Bangladeshi student considering Malaysia, you’re in for an exciting adventure that won’t break the bank!
This guide will dive into all the details of what it costs to study in Malaysia—from tuition fees to daily expenses—while keeping it light and fun!
So, let’s jump into it and discover why Malaysia is a wallet-friendly dream for international students!
Why Study in Malaysia?
Before we talk numbers, let’s take a moment to understand why Malaysia is becoming a hotspot for Bangladeshi students:
- Affordable Quality Education: Malaysia offers internationally recognized degrees, often in partnership with prestigious universities in the UK, Australia, and the US, but at a fraction of the cost.
- Multicultural Environment: With people from all over the world studying and working in Malaysia, you’ll feel at home while still exploring different cultures.
- Warm Weather: Say goodbye to the cold winters—Malaysia’s tropical climate means sunshine all year round.
- Strategic Location: Malaysia’s location makes it a great travel hub to explore Southeast Asia, and it’s only a short flight from Bangladesh.
Now that you’re hyped about Malaysia, let’s break down the costs so you can start planning!
Tuition Fees: Get More for Less
The biggest chunk of your budget will go towards tuition fees, but don’t worry! Compared to countries like the UK, USA, or Australia, Malaysia is much more affordable. Tuition fees vary depending on the university and the program you choose.
Average Tuition Fees:
- Foundation/Diploma Programs: 10,000 to 25,000 MYR per year (approx. 240,000 to 600,000 BDT)
- Bachelor’s Degree: 25,000 to 40,000 MYR per year (approx. 600,000 to 960,000 BDT)
- Master’s Degree: 25,000 to 45,000 MYR per year (approx. 600,000 to 1,100,000 BDT)
- PhD Programs: 35,000 to 50,000 MYR per year (approx. 840,000 to 1,200,000 BDT)
Many universities offer scholarships for international students, so be sure to check out those opportunities to reduce costs.
Pro Tip:
Consider twinning programs or branch campuses! These allow you to earn a degree from a prestigious university abroad (UK, Australia, etc.) while studying in Malaysia for a lower price. For example, institutions like Monash University Malaysia and University of Nottingham Malaysia offer degrees from their main campuses but at Malaysian tuition rates!
Cost of Living: Live Well, Spend Less
One of the biggest advantages of studying in Malaysia is the affordable cost of living. Kuala Lumpur, the capital, was ranked as one of the most affordable cities for students by QS Top Universities. Let’s break down the average costs you can expect as a student:
Accommodation:
You’ll have a few housing options, including university dorms, private apartments, and shared rentals.
- On-campus accommodation: 300 to 700 MYR per month (approx. 7,200 to 17,000 BDT)
- Off-campus accommodation (shared apartment): 800 to 1,500 MYR per month (approx. 19,200 to 36,000 BDT)
If you prefer living in the heart of the city, off-campus housing might be slightly more expensive, but if you choose to stay in student hostels or shared apartments near the campus, you’ll find plenty of affordable options.
Food and Dining:
You’ll never go hungry in Malaysia with its incredible street food, international cuisine, and local delights!
- Eating out (local food): 5 to 10 MYR per meal (approx. 120 to 240 BDT)
- Mid-range restaurant meal: 20 to 40 MYR (approx. 480 to 960 BDT)
- Groceries (monthly): 200 to 400 MYR (approx. 4,800 to 9,600 BDT)
Fun Fact:
Malaysia’s national dish, Nasi Lemak, is delicious and affordable. For as little as 5 MYR (120 BDT), you can enjoy a hearty plate of this coconut rice dish topped with sambal, anchovies, peanuts, and an egg!
Transportation:
Malaysia’s public transportation system is cheap, reliable, and easy to navigate. Whether you’re using buses, trains, or ride-sharing services like Grab, getting around won’t cost you much.
- Public transport pass (monthly): 100 to 150 MYR (approx. 2,400 to 3,600 BDT)
- One-way local bus/train ticket: 2 to 5 MYR (approx. 48 to 120 BDT)
For students, many universities offer student transport discounts—so take full advantage!
Entertainment and Social Life:
Whether you’re heading to the movies, visiting cultural attractions, or just hanging out with friends, Malaysia has plenty to offer for entertainment without draining your wallet.
- Movie ticket: 12 to 18 MYR (approx. 290 to 430 BDT)
- Gym membership: 90 to 200 MYR per month (approx. 2,160 to 4,800 BDT)
- Weekend getaway: 150 to 300 MYR (approx. 3,600 to 7,200 BDT) for trips to places like the Cameron Highlands or Langkawi.
Visa and Health Insurance: Important but Affordable
Student Visa:
To study in Malaysia, you’ll need a student visa, and the good news is that the process is relatively straightforward.
- Visa Processing Fee: 2,000 MYR (approx. 48,000 BDT)
This fee covers your visa application, medical examination, and immigration clearance. Some universities handle the visa process for you, so check with your school to simplify things.
Health Insurance:
It’s mandatory for international students in Malaysia to have health insurance, which is pretty affordable compared to other countries.
- Health Insurance: 500 to 1,000 MYR per year (approx. 12,000 to 24,000 BDT)
Most universities offer health insurance packages as part of their student services, so make sure you sign up.
Scholarships and Financial Aid: Free Money Alert!
If you’re worried about costs, Malaysia has many scholarship options for international students, including Bangladeshi students. Scholarships are available based on merit, financial need, or specific fields of study.
Popular Scholarships:
- Malaysian Government Scholarships (MIS): Aimed at high-achieving international students.
- University-specific scholarships: Many universities offer scholarships to international students, covering partial or full tuition fees.
- ASEAN Scholarships: Designed for students from Southeast Asia, including Bangladesh, offering financial assistance to pursue studies in Malaysia.
Applying for scholarships can greatly reduce your overall expenses, so don’t miss out on this opportunity!
Working While Studying: Earn While You Learn
International students in Malaysia are allowed to work part-time during their studies (up to 20 hours per week during semester breaks). Although the income may not be enough to cover all expenses, it can help with daily living costs or fund weekend adventures.
- Part-time jobs: You can earn between 8 to 12 MYR per hour (approx. 200 to 290 BDT), depending on the type of job.
Jobs in the service industry, like working at cafes or retail stores, are popular among international students. Plus, it’s a great way to practice your English and meet new people!
Total Estimated Monthly Expenses
Here’s a quick breakdown of your estimated monthly budget in Malaysia as a Bangladeshi student:
- Accommodation: 800 to 1,500 MYR (19,200 to 36,000 BDT)
- Food: 600 to 800 MYR (14,400 to 19,200 BDT)
- Transport: 100 to 150 MYR (2,400 to 3,600 BDT)
- Entertainment: 100 to 200 MYR (2,400 to 4,800 BDT)
- Miscellaneous (personal expenses, laundry, etc.): 200 to 300 MYR (4,800 to 7,200 BDT)
Total Monthly Cost:
1,800 to 2,950 MYR (approx. 43,200 to 70,800 BDT)
That’s a pretty affordable cost of living, considering all the benefits of studying in Malaysia!
Final Thoughts: Is Malaysia Right for You?
Studying in Malaysia offers you high-quality education, an affordable lifestyle, and an incredible cultural experience. With manageable tuition fees, low cost of living, and opportunities to work while studying, it’s no wonder Malaysia is becoming a top choice for Bangladeshi students.
Whether you’re planning to pursue a degree in business, engineering, IT, or even creative arts, Malaysia has something for everyone. Plus, you get to experience a tropical paradise and world-renowned food scene while earning your degree!
Ready to take the plunge? With careful budgeting, scholarship applications, and smart planning, your study abroad dreams in Malaysia can become a reality without blowing your budget. So pack your bags, grab some Nasi Lemak, and get ready for an amazing journey in Malaysia!
