Attracting high-end, capital-intensive industries that require fewer but more qualified employees is essential, say the MSC's backers, given Malaysia's already tight labor market.

CNN: The Center of the World?

It will take in two other mega-projects: the planned administrative center of Putrajaya and a separate "intelligent city" nearby that will provide commercial and residential facilities for the MSC's high-tech work force.

CNN: The Center of the World?

A., but are geared toward students with less work experience says Susan Roth, director of Cass's MSc programs.

WSJ: Alternatives to the M.B.A. Becoming More Popular

Worldwide, it is the largest institution dedicated to education on these issues and is the only institute within the United Nations system accredited to confer master's degrees (MSc).

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Cass Business School in the U.K. offers 18 master's programs, dubbed MSc degrees, in subjects such as investment management and management.

WSJ: Alternatives to the M.B.A. Becoming More Popular

On the one hand, the country recognizes the Internet's importance towards developing a modern knowledge economy, and has set up a high-tech zone called the Multimedia Super Corridor (MSC) to drive the country's online initiatives.

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