Finalist

Entrepreneurial University of the Year Award

Management & Science University

Finalist of the Entrepreneurial University of the Year Award

-

"Transforming Lives, Enriching Future"


Have a say and vote for this entry to win the People's Choice Award!


Registered vote
500 points per vote

Provide your email address and click on "vote". You will then receive an email that enables you to verify your vote by clicking on a link.

 
Social media vote
1500 points per tweet. 500 points per retweet. 250 points for a like.

Support this entry by engaging with it on Twitter. Tweet or retweet using the following two hashtags to support this entry (use both hashtags in the same Tweet). Also, if you "like" an existing Tweet with these hashtags, the entry gets points.
#ACEEU_Awards
#2023Entry282

Live voting at Awards Ceremony
7500 points per vote

Join the Awards Ceremony online and vote live for this entry. Register here and we will send you a reminder and streaming link closer to the event.

The Award Ceremony for this entry (award category "Entrepreneurial University of the Year ") will take place on 27 June 2023, 18:45 to 19:45 CEST.

Summary

Management & Science University (MSU), voted the Most Entrepreneurial University in Malaysia by the Ministry of Education, is committed to producing holistic, entrepreneurial and balanced graduate through an integrated entrepreneurship ecosystem. With a philosophy of Transforming Lives, Enriching Future, these commitments are embedded in the Vision and Mission Statements and the 10-Year Strategic Planning 2016-2025. MSU’s long-term strategic focus on Employability, Entrepreneurship and Internationalisation leads to consistently highest graduate employability rate, respectable world rankings and ratings by QS and Time Higher Education and increasing commitment in students’ entrepreneurships. Internationalization strategy saw the establishment of offshore campuses and international Learning Centres, 19 % international faculty members and international students from 41 countries. Within the medical education sector, MSU is the first private university that has its own teaching hospital in Malaysia. The holistic entrepreneurial development cuts across curriculum and is delivered via academic and experiential learning through Leadership & Entrepreneurship Advancement Institute (LEAD). The Jumpstart program has attracted more than 200 start-ups and to further enhance entrepreneurial learning and practice, 22 live labs were provided. Performance-based culture is nurtured and monitored through TE23 Performance Dashboard system. Applied research towards commercialization with university and industry partners are rigorously pursued. Being an engaged university, MSU actively promotes Sustainable Development Goals projects with the communities. MSU Foundation was established where RM21 million worth of scholarships were disbursed to the underprivileged students and communities annually. MSU’s presence within the community provides economic spill-over of a minimum of RM30 million of revenue to the business community.

Acknowledgements

We wish to express our gratitude to the Government of Malaysia, Ministry of Education Malaysia, Public-Private Universities Partners, International University Partners, Industrial Partners, Government Agencies and the University Management Team for their ongoing support throughout our journey.

Images

IMPACT STORY

Impacting lifes

Accessibility and equity (diversity) to quality affordable education has always been the Founder’s vision. Thus, his penultimate commitment towards social entrepreneurship is by assigning MSU into MSU Foundation through which profits are ploughed back into the Foundation. Fees are kept at an affordable rate as profit is not the goal of the University. To assist the under-privileged students, irrespective of race or religion, MSU Foundation disbursed about RM21 million worth of scholarships and financial assistance annually to ensure that they will successfully graduate. To-date 1,432 students have benefited from these scholarships and many have graduated to lead successful career and being able to support their families and contribute back to society.

MSU established the Jumpstart program to encourage the development of start-ups among the student entrepreneurs and are coached and guided by experience mentors under the Leadership and Entrepreneurship Advancement Institute (LEAD). To-date, 200 student entrepreneurs have their business operationalised.

Being an engaged university, all staff and students participated in various community engagement sustainable development goal (SDG) programs that involves the urban poor, indigenous people, orphans and environment at local and international levels. Thus, Times Higher Education ranked the University at Top 301 in the world, for High Impact University. To further support the SDG initiatives, RM2.3 million was approved within the last two years to fund 118 research projects under the MSU Seed Grant. In addition, 21 external grants from industry, government and international valued at RM1.9 million were received to fund research and innovation projects.

LEARNINGS

Lessons learned

Education is about unlocking potentials, transforming lives of the students that we touched, not merely a profit-making entity. Profit come as a consequence but not the goal. MSU is established to provide accessible, affordable and sustainable education ecosystem where quality is not compromise. It is an ecosystem that produce a holistic, balanced and well-rounded graduates who will contribute to the nation. The holistic approach will ensure that these graduates are not only excellent academically but have fundamental universal values such as, integrity, inter-cultural intelligence, gratitude and giving back to communities.

Education is a marathon not a sprint. Thus, sustainability is a key factor for long-term survival. The fruits of labour come after many years of nourishing and experimenting with the ecosystem. One should look beyond the financial returns. Sustainability means one need to keep the organization agile and collaborative to ensure the growth and adaptability of the organization to battle the everchanging landscapes of education. Keep up with the latest global trends in pedagogy, technology, societal and economic demand to ensure relevancy and adaptability of curriculum and able to provide a holistic learning experience. Overall, one need to have the patience, passion and persistence to achieve the ultimate objective of transforming lives.

FUTURE PLANS

What's coming?

Future success is about collaborative partnership. Entities within the education ecosystems must remove inefficiencies due to the disjointed policies and practices. It has resulted in unnecessary competitions, duplication of resources, underutilization of facilities and human expertise and wastage of financial resources. One key initiative is to promote and strengthen public-private partnership where institutions can seamlessly tap into each other’s strengths and advantages that will create competitive advantage not only for the institutions but also the nation as a whole.

Another collaborative partnership is with the industrial partners. This will encompass partnership in the areas of research and commercialization, global mobility, curriculum development, employability and entrepreneurship. It will ensure that the curriculum and learning experience of the graduates are aligned with the needs of the industry and the nation. An aligned ecosystem will ensure high employability, adequate supply of manpower for the nation, reduced wastage in financial resources and providing a rich ecosystem for research and commercialization.

The third agenda is about internationalization. It is about bringing out MSU brand philosophy to the world and bringing the world into MSU. Internalization will see an increase of our offshore campuses from current three to ten. It also means bringing in the international diversity and experiences into our own campuses through international faculty members and students and enhancing MSU’s global mobility programs.

Fourth agenda will be on talent management. Future success is dependent on readiness of talent pool for succession planning. MSU shall invest on talent management and development for future leaders.


KEY STATISTICS

No information provided.

2024 © ACEEU. All rights reserved.