Comparing salaries in Asia


If you think that brand-new business schools normally fill their campuses after a few years, you should reset your expectations. Most new business schools don't even have campuses! Oxford's business school was in a hospital corridor. and either EDHEC or ESSEC started in part of a Singapore library.

Indeed, because they were wise enough not to build a large campus before first attempting to build and develop its student population. In stark contrast, ASB *first* built a spacious campus - and nowadays quite frankly, a mostly empty campus - without first developing its student population.  
Indeed, the idea that the MISCI failed is a bit weird. It was founded in 2011, and it's now a full university. The students have excellent salary growth. The partnership with MIT is still running. If that's failure, then I wonder what success would look like?

I can only assume that you are referring to MISI (not MISCI). If so, I am afraid that I must disabuse you of the notion that MISI has been successful when the truth is that it has been anything but.  

First off, the MISI-MIT partnership is not only dead, but indeed died years ago. Not only that, but MIT outright encourages anybody seeking a supply-chain education to look elsewhere in the world.  
“The Malaysia Institute for Supply Chain Innovation has reorganized under University Teknologi MARA (UiTM) and is no longer affiliated with MIT.
The MIT SCALE Network is exploring options for offering a SCALE Supply Chain Management master’s program in Malaysia. Applications are being accepted for admission to MIT SCALE master’s programs offered through our Centers of Excellence in Spain, Luxembourg, China, and the US for the 2024-25 academic year.”
https://scale.mit.edu/centers/malaysia-institute-supply-chain-innovation

Secondly, I encourage you to browse through the official MISI website, whereupon you will completely discover that the school has effectively become zombiefied. MISI lists no dedicated faculty whatsoever - not even a single one. The last research ‘news’ article is from 2020, and the last general news article is from 2021. Heck, I am not even entirely sure that they even have any current degree-pursuing students.   
Indeed, I would propose the following challenge: Use LinkedIn or any other social media platform to find me some people who, as of today, are bona-fide enrolled students in a formal MISI degree program.    

https://www.misi.edu.my

PS UM certainly graduates more MBA students, but I don't think there's any data to suggest that its average salaries and cohort quality come close to ASB.


On the other hand, I’m not aware of any hard data to suggest the opposite either. If you have such data, I would love to see it.
However, one aspect that I believe to be indisputable is that UM is surely more *stable* than ASB. That is to say that I have to believe that UM - being the flagship national university of Malaysia - not only will continue to exist for our entire lifetimes, but by virtue of Malaysian law, Malaysia will continue to uphold UM’s status as the flagship national university of the country. Therefore, any UM degree recipients will hold a credential that is backed by an established and respected institution  
The same most surely cannot be said for ASB. Quite frankly, ASB is a failing project (just like MISI was a failing and nowadays is a failed project). I would not be surprised in the least if the endgame for ASB is for BNM to convert ASB into its internal training arm, which means that it will no longer exist as a standalone educational institution, and its alumni will then hold a credential of dubious value.

[quote]If you think that brand-new business schools normally fill their campuses after a few years, you should reset your expectations. Most new business schools don't even have campuses! Oxford's business school was in a hospital corridor. and either EDHEC or ESSEC started in part of a Singapore library. [/quote]<div><br></div><div>Indeed, because they were wise enough not to build a large campus before first attempting to build and develop its student population. In stark contrast, ASB *first* built a spacious campus - and nowadays quite frankly, a mostly empty campus - without first developing its student population. &nbsp;</div><div><br></div><div>[quote]Indeed, the idea that the MISCI failed is a bit weird. It was founded in 2011, and it's now a full university. The students have excellent salary growth. The partnership with MIT is still running. If that's failure, then I wonder what success would look like? [/quote]</div><div><br></div><div>I can only assume that you are referring to MISI (not MISCI). If so, I am afraid that I must disabuse you of the notion that MISI has been successful when the truth is that it has been anything but. &nbsp;</div><div><br></div><div><br></div><div>First off, the MISI-MIT partnership is not only dead, but indeed died years ago. Not only that, but MIT outright encourages anybody seeking a supply-chain education to look elsewhere in the world. &nbsp;</div><div><br></div><div>“The Malaysia Institute for Supply Chain Innovation has reorganized under University Teknologi MARA (UiTM) and is no longer affiliated with MIT.</div><div><br></div><div>The MIT SCALE Network is exploring options for offering a SCALE Supply Chain Management master’s program in Malaysia. Applications are being accepted for admission to MIT SCALE master’s programs offered through our Centers of Excellence in Spain, Luxembourg, China, and the US for the 2024-25 academic year.”</div><div><br></div><div>https://scale.mit.edu/centers/malaysia-institute-supply-chain-innovation</div><div><br></div><div><br></div><div>Secondly, I encourage you to browse through the official MISI website, whereupon you will completely discover that the school has effectively become zombiefied. MISI lists no dedicated faculty whatsoever - not even a single one. The last research ‘news’ article is from 2020, and the last general news article is from 2021. Heck, I am not even entirely sure that they even have any current degree-pursuing students. &nbsp;&nbsp;</div><div><br></div><div>Indeed, I would propose the following challenge: Use LinkedIn or any other social media platform to find me some people who, as of today, are bona-fide enrolled students in a formal MISI degree program. &nbsp; &nbsp;</div><div><br></div><div><br></div><div>https://www.misi.edu.my</div><div><br></div><div><br></div><div>[quote]PS UM certainly graduates more MBA students, but I don't think there's any data to suggest that its average salaries and cohort quality come close to ASB. [/quote]</div><div><br></div><div><br></div><div>On the other hand, I’m not aware of any hard data to suggest the opposite either. If you have such data, I would love to see it.</div><div><br></div><div>However, one aspect that I believe to be indisputable is that UM is surely more *stable* than ASB. That is to say that I have to believe that UM - being the flagship national university of Malaysia - not only will continue to exist for our entire lifetimes, but by virtue of Malaysian law, Malaysia will continue to uphold UM’s status as the flagship national university of the country. Therefore, any UM degree recipients will hold a credential that is backed by an established and respected institution &nbsp;</div><div><br></div><div>The same most surely cannot be said for ASB. Quite frankly, ASB is a failing project (just like MISI was a failing and nowadays is a failed project). I would not be surprised in the least if the endgame for ASB is for BNM to convert ASB into its internal training arm, which means that it will no longer exist as a standalone educational institution, and its alumni will then hold a credential of dubious value.</div>
quote
Duncan

Yup, you seem to be right about MISI. As for ASB, no one can disagree that UM is larger, has deeper roots, and is more famous. I don't think anyone is claiming that ASB is larger or older than UM. It would be like saying that Insead is more famous than NUS. However, that doesn't mean that the Insead MBA is inferior or NUS, of that the ASB MBA is inferior to UM.

However, there is some data on salary. I can see that ASB MBAs have an increased PPP salary of $128,000 https://asb.edu.my/academic-program/career-development-office/ - which is higher than the one discussed earlier in this thread. A PPP converter says that is "201,525.72 in Malaysia's local currency" https://www.chrislross.com/PPPConverter/ That seems to be at the top end of salaries I can see mentioned in connection to UM.

I wrote MISCI because I referred to the Malaysia Institute for Supply Chain Innovation. (that was its name: https://web.archive.org/web/20210518095045/https://scale.mit.edu/centers/malaysia-institute-supply-chain-innovation). I guess the websites have changed since the start of last year when I wrote that post. When I had looked before, it was still advertising joint activities with MIT SCALE even after it had become part of UiTM https://web.archive.org/web/20210512133202/https://www.misi.edu.my/

Yup, you seem to be right about MISI. As for ASB, no one can disagree that UM is larger, has deeper roots, and is more famous. I don't think anyone is claiming that ASB is larger or older than UM. It would be like saying that Insead is more famous than NUS. However, that doesn't mean that the Insead MBA is inferior or NUS, of that the ASB MBA is inferior to UM.

However, there is some data on salary. I can see that ASB MBAs have an increased PPP salary of $128,000 https://asb.edu.my/academic-program/career-development-office/ - which is higher than the one discussed earlier in this thread. A PPP converter says that is "201,525.72 in Malaysia's local currency" https://www.chrislross.com/PPPConverter/ That seems to be at the top end of salaries I can see mentioned in connection to UM.

I wrote MISCI because I referred to the Malaysia Institute for Supply Chain Innovation. (that was its name: https://web.archive.org/web/20210518095045/https://scale.mit.edu/centers/malaysia-institute-supply-chain-innovation). I guess the websites have changed since the start of last year when I wrote that post. When I had looked before, it was still advertising joint activities with MIT SCALE even after it had become part of UiTM https://web.archive.org/web/20210512133202/https://www.misi.edu.my/
quote

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