The picture of the Prime Minister could have been removed had a motion by the Nottingham Malaysian Society calling for its removal was passed. But the motion tabled at the society's annual general assembly on Wednesday did not go through.
The motion, submitted by student Cassandra Chung, was to compel the society to lobby the university to remove the picture, following corruption allegations against the premier.
Chung was quoted as saying that the motion was "but a small step in changing the entire student activism landscape among Malaysians in the UK and Eire."
She hoped it was not the end of activism among Malaysian students in the UK.
It is understood that the debate on the motion centred around its impact on current and future government-sponsored scholars at the university.