Bank Negara Malaysia and MIT Sloan to set up joint business school

The Asia School of Business will open next year on the central bank's premises

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The Massachusetts Institute of Technology (MIT) and the Bank Negara Malaysia (BNM) is setting up a joint business school on the central bank's premises in Kuala Lumpur.

The Asia School of Business (ASB), modelled on MIT's Sloan School of Management, will open in September 2016 and host an inaugural class of 25 to 35 students in a two-year MBA programme.

Classes will be initially delivered by visiting faculty from MIT Sloan and take place at the central bank. Students will live at its residential

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