Tertiary education plays crucial role in building a robust human capital base within a knowledge driven global economy. As such, tertiary education policy is increasingly becoming a significant national agenda in order to raise higher level employment skills in order to sustain a globally competitive research base as well as to improve knowledge dissemination to the benefit of society (OECD, 2008). Malaysia's education system has gone through an expansion in its various segments especially in the its higher education segment where it is to now focus on developing young talents. Malaysian higher education system was initially built under the Government's sponsorship before the entrance of private education institutions offering tertiary education. Nevertheless, given the unhealthy global economic state, this has imposed fiscal pressure on the Government.