KUALA LUMPUR: The Asia School of Business (ASB), a collaboration between Bank Negara and the Massachusetts Institute of Technology Sloan (MIT Sloan), will give birth to future leaders for emerging countries in Asia once its new campus is completed in 2018.
Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the set-up of ASB was part of the central bank’s commitment to invest in education as its offerings were ambitious and could meet the needs of corporates and businesses to produce quality talent.
“At a time of growing importance and influence of this region, innovative and entrepreneurial skills are critically needed.
“Not only the theoretical foundations and its practical application, but also to provide a greater understanding and appreciation of the dynamics of the emerging markets, especially in Asia,” said Zeti during her speech at the ground-breaking ceremony of ASB’s new campus yesterday.
She said ASB’s curriculum was drawn from MIT Sloan’s school of management, and hence, had the highest standards of education.
“MIT is known for action learning. So, this will give the practical application of what students learn theoretically.
“What is unique to MIT and being in this region is that students will learn how to understand better and appreciate the issues and challenges of the emerging world, as well as the solutions from what they have learned,” said Zeti, who will be teaching about Asia and what it’s all about to be part of the Asian growth and transformation experience.
The buildings on the campus, which sits on a 20-acre land in Bukit Perdana, will be equipped with technology-rich facilities and classrooms to help deliver action-learning and practice-oriented approach to business management education that the ASB MBA would be known for.
The ASB 18-month MBA programme will offer a world-class business education based on the rigour of MIT Sloan’s curriculum.
Recruitment is still ongoing, Zeti said, adding that some of the offers made and those offered seats spanned six different continents.