Date of Award

1-1-2001

Thesis Type

Masters

Document Type

Thesis

Divisions

Faculty of Business and Economics

Department

-

Institution

Universiti Malaya

Abstract

Recent decades have seen tremendous growth in the number of public and private institutions of higher learning being set up in Malaysia especially by the private sector. The catalyst behind this growth is none other than the Malaysian government; where reputable and financially strong private corporations were encouraged to participate in the establishment of private universities and colleges to address the shortages in supply versus the continuous increase in demand for tertiary education in Malaysia. This will also curtail the increase In outflows of foreign exchanges due to large number of students advancing their studies overseas, which arise directly as a result of these shortages. This Initiative saw the entry of many big corporate names such as Berjaya Group, Sg Way Group, Sapura Group, Petronas, Tenaga Nasional, Telekom and etc Into the education sector which requires high initial start up investment but provides equally lucrative returns and serves as good long term investment against the cyclical fluctuation of the economy. Besides addressing these shortages, the initiative was meant to eventually overcome the shortages in manpower in specific areas of expertise required to meet the Malaysian government's vision to achieve a developed country status by the year 2020. Another equally important objective behind this initiative is to meet Malaysia's aspiration to become the regional hub of education excellence. This objective if met, will ensure the continuous growth in the education sector following the influx of foreign students to Malaysia besides ensuring steady stream of inflows of foreign exchange into the country.

Initial

snms

Additional Information

Dissertation (M.A) -- Faculty of Business and Economics, Universiti Malaya, 2002.

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