THE Government can save about RM1 mil for every PhD student studying in a local research universities in comparison to sending them abroad for such studies.
Second Education Minister Datuk Seri Idris Jusoh said research universities which produced PhD students had saved almost RM2 bil so far.
“If a PhD student is pursuing his studies in a local university instead of doing so overseas, we can save from RM500,000 up to RM1mil for each of them,” he said at the Research University Showcase held at Universiti Putra Malaysia in Serdang, Selangor on Tuesday.
Idris explained that the cost of sponsoring a PhD student abroad could easily range from RM800,000 to RM1mil over the four years it would take to complete their course.
“Local research universities have produced 3,897 PhD graduates between 2007 and 2012,” he said.
The five research universities are Universiti Malaya, Universiti Kebangsaan Malaysia, Universiti Putra Malaysia, Universiti Sains Malaysia and Universiti Teknologi Malaysia.
Commenting on the absence of Malaysian public universities in the Times Higher Education 100 Under 50 2014, Idris said the ranking of universities do not reflect the overall situation of the local tertiary education scene.
“Rankings do not mean everything, although we can improve (our ranking). We must be realistic when aiming for a position” he said.
The third annual Times Higher Education 100 Under 50 which was released early this month, is an annual ranking of the world’s best universities that have been operating for up to 50 years. Times Higher Education rankings editor Phil Baty had said no Malaysian institution made it into the rankings.