MoA between MII and Malaysia University of Science & Technology
The Malaysian Insurance Institute (MII) signed a Memorandum of Agreement (MoA) with the Malaysia University of Science and Technology (MUST) on August 4, allowing MII graduates to pursue higher learning and advance career growth.
The MoA provides graduates of the Associateship of the Malaysian Insurance Institute (AMII) to pursue the Professional Master in Business Administration programme at MUST with a 20% from the tuition fees of RM25,000.
AMII graduates will get an additional privilege where they will be granted a maximum of four subjects of “Advance Standing” from the 12 offered in the MBA programme.
Present at the signing were MUST Chairman Tan Sri Effendi Norwawi, MII Chairman Hashim Harun, MII CEO Dato’ Haji Syed Moheeb Syed Kamarulzaman, MUST President Professor Dr Premkumar Rajagopal, and guest speaker National Historian and Academician Professor Emeritus Tan Sri Dr Khoo Kay Kim.
Hashim reiterated the importance and relevance of the MII in spearheading the development of talent in the insurance industry.
“In these dynamic and fast changing times, the MII is committed to ensure talent development in the local insurance industry through continuous learning.
“It is with great honour we enter into the MoA with MUST, a leading and recognised higher education provider that offers a broad spectrum of high quality academic programmes in advanced business, science and technology.
“The Bank Negara Governor has stated insurers need to groom talent to move to the next level and MII is pushing this initiative with MUST to achieve that goal.
“The MBA with MUST will give insurance professionals an added edge in their career development and will ensure they have the relevant skills and knowledge to execute their functions better for the good of the insurance industry,” he said.
Effendi commented the MoA with MII will establish a solid and longterm collaboration between the two parties to provide AMII graduates a pathway to the MBA programme.
“We are pleased to ink the partnership with MII in today’s MoA signing. We take heed of the government’s call to attract and nurture talent and the tie-up with the MII will be a positive step towards achieving that objective,” said TEffendi.
Highlights of the MBA with MUST include:
World class faculty engagement
20% of RM5,000 from the RM25,000 MBA programme fee
A maximum of 4 subjects of "Advance Standing"
14-24 months programme duration
first intake on 30 October 2017
Hybrid and flexible learning mode - all course units accessible 24/7 through mobile and internet
Financial assistance - EPF, MyBrain and HRDF
Dr Khoo presented a paper on “Talent Development and Continuous Learning” at the MoA event.
The AMII is a two-and-a-half-year professional qualification that prepares individuals who have an interest to pursue a professional career in insurance.
For details on the MBA programme, visit www.must.edu. my, call 03-6150 8177 or email email@example.com