Fi­nance for the fu­ture

The Star Malaysia - Star2 - - STAR EDUCATION FAIR 2013 -

AC­COUNT­ING, ac­tu­ar­ial sci­ence, Is­lamic bank­ing, in­vest­ment and eco­nom­ics are some of the most in de­mand fields of study to­day.

While pop­u­lar pro­grammes in­di­cate that those par­tic­u­lar job mar­kets are ro­bust, it does have the prob­lem that comes with be­ing pop­u­lar – too many in­sti­tu­tions have them.

This dilemma was fore­seen by UCSI Univer­sity’s Fac­ulty of Busi­ness and In­for­ma­tion Sci­ence (FoBIS).

“We want to give our busi­ness stu­dents an edge now and not wait un­til the mar­ket is over­loaded with con­ven­tional busi­ness de­grees,” ac­cord­ing to act­ing dean Melissa W Mi­gin.

Go­ing to the source of stu­dent em­ploy­ment, the aca­demic staff mem­bers touched base with in­dus­try prac­ti­tion­ers.

In­ter­est­ingly enough, the in­dus­try needs grad­u­ates with knowl­edge of fi­nance in ad­di­tion to a con­ven­tional busi­ness de­gree.

Mi­gin cred­its this de­mand to the flex­i­bil­ity such a de­gree pro­vides, as both the stu­dent and em­ploy­ing com­pany have the op­tion of util­is­ing ei­ther skill.

In­dus­try feed­back, cou­pled with the fact the fi­nan­cial ser­vices sec­tor is tar­geted to raise the coun­try’s Gross Na­tional In­come by a stag­ger­ing RM121.5bil by 2020, led Mi­gin and her team to re­alise that it is time to equip their stu­dents with fi­nan­cial knowl­edge.

FoBIS has de­signed a new range of pro­grammes that in­cor­po­rates the trusted busi­ness de­gree with the grow­ing fi­nance po­ten­tial – Bach­e­lor of Fi­nan­cial Eco­nom­ics (Hons); BA (Hons) Ac­count­ing and Fi­nance; BSc (Hons) Ac­tu­ar­ial Sci­ence and Fi­nance; BSc (Hons) Fi­nance and In­vest­ment and BBA (Hons) Is­lamic Bank­ing and Fi­nance.

This fore­sight also means UCSI is one of the few pri­vate ter­tiary ed­u­ca­tion in­sti­tu­tions of­fer­ing th­ese de­grees.

The ques­tion is, are th­ese de­grees with added fi­nan­cial knowl­edge more chal­leng­ing?

Mi­gin ac­knowl­edges that the new pro­grammes have a wider scope in terms of cour­ses cov­ered so they could be some­what more chal­leng­ing.

”None­the­less, for stu­dents to se­lect th­ese de­grees, they must love num­bers in the first place. So, the chal­leng­ing part isn’t be­cause they can’t cope. They just have a wider field to study,” she ex­plained.

To en­sure its stu­dents ex­cel aca­dem­i­cally as well as in the work­ing world, the fac­ulty em­pha­sises hands-on learn­ing.

This is in line with UCSI’s Praxis Univer­sity ap­proach that ad­vo­cates the ap­pli­ca­tion of the­ory to prac­tice.

While its two-month Co-Op at­tach­ments for ev­ery year of study send stu­dents to in­tern with some of the best names in the in­dus­try, FoBIS also brings the in­dus­try to the stu­dents through the pres­ence of ad­junct pro­fes­sors – in­dus­try pro­fes­sion­als who de­liver lec­tures on the ins and outs of the in­dus­try.

Ad­di­tion­ally, the fac­ulty also or­gan­ises fo­rums, sem­i­nars, work­shops, and talks by key in­dus­trial part­ners such as the Se­cu­ri­ties Com­mis­sion, Ap­ple and Tri­cor.

As a tes­ta­ment to its es­teem, FoBIS also has an ex­cel­lent re­la­tion­ship with ac­cred­it­ing bod­ies like the As­so­ci­a­tion of Char­tered Cer­ti­fied Ac­coun­tant (ACCA), Cer­ti­fied Prac­tic­ing Ac­coun­tant (CPA) Aus­tralia and the So­ci­ety of Ac­tu­ar­ies (SoA).

With its fin­ger on the pulse of the in­dus­try and lec­tur­ers who are ex­perts in their field, UCSI Univer­sity’s Fac­ulty of Busi­ness and In­for­ma­tion Sci­ence will help stu­dents make the num­bers count.

To find out more about the UCSI Univer­sity Fac­ulty of Busi­ness and In­for­ma­tion Sci­ence’s new pro­grammes, call 03-9101 8882, e-mail www.uc­si­u­ni­ver­­li­neen­quiry or drop by its Open Day on Dec 14-15 (9am-6pm).

Mi­gin: We want to give our busi­ness stu­dents an edge now and not wait un­til the mar­ket is over­loaded with con­ven­tional busi­ness de­grees.

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