Financial Sustainability Strategies in Malaysian Higher Education: The Experience of a Public Business School
DOI:
https://doi.org/10.37134/ibej.Vol19.1.5.2026Keywords:
Financial Sustainability, Public Business School, Quality EducationAbstract
This study dives into how a public business school in Malaysia can stay afloat financially. With government funding for higher education becoming increasingly tight in Asia, it is crucial to identify new ways to manage money. Therefore, this qualitative study took a close look at alternative funding options and cost-cutting strategies by conducting interviews with the school's leaders, professors, staff, students, and alumni to gather their perspectives. It is found that business schools need to be creative with how they bring in money and make their operations as efficient as possible to ensure the institution can thrive in the long run. This research adds to the conversation about financial stability for public business schools in developing countries, specifically how they can handle budget cuts and keep costs down that includes diversify revenue streams, including leveraging accreditation, utilizing existing relationships, and forming partnerships with corporate sponsors. The insights here are useful for leaders and policymakers in Malaysia and other Asian countries facing similar economic pressures to develop a comprehensive roadmap towards financial sustainability in the higher education sector.
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Copyright (c) 2026 Khairunnisak Latiff, Mohd Yazid Mohd Zuliaddin, Nurul Izza Hazizan , Siew Siew Chong , Noreen Kamarudin , Linlin Zhang , Sridar Ramachandran , Sudesh Prabhakaran
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