A pact to bank on

The Star Malaysia - Star2 - - HIGHER EDUCATION -

ASIAN In­sti­tute of Char­tered Bankers ( AICB) and Asia Pa­cific Univer­sity of Tech­nol­ogy and In­no­va­tion ( APU) col­lab­o­rate to nur­ture in­dus­try- com­pli­ant bank­ing pro­fes­sion­als.

Both in­sti­tu­tions an­nounced an aca­demic col­lab­o­ra­tion to equip the next gen­er­a­tion of bank­ing- re­lated grad­u­ates through the shar­ing of skills, best prac­tices and knowl­edge.

Un­der the new Mem­o­ran­dum of Un­der­stand­ing, upon the com­ple­tion of APU’s Bach­e­lor in Bank­ing and Fi­nance with a Grade Point Av­er­age ( GPA) of 3.0 and above, stu­dents will have an op­por­tu­nity to at­tain pro­fes­sional mem­ber­ship with the Ex­ec­u­tive Banker cer­ti­fi­ca­tion awarded by AICB.

This is the first level of the Char­tered Banker qual­i­fi­ca­tion, the gold stan­dard in bank­ing qual­i­fi­ca­tion. As part of the col­lab­o­ra­tion, AICB will work with APU in map­ping out the syl­labus of APU’s Bank­ing and Fi­nance pro­grammes to iden­tify ex­emp­tions for stu­dents to ac­cel­er­ate into the se­cond level of the Char­tered Banker qual­i­fi­ca­tion – Pro­fes­sional Banker.

De­pend­ing on the out­come of the map­ping process, stu­dents may be ex­empted from tak­ing all the three mod­ules in the Pro­fes­sional Banker qual­i­fi­ca­tion and only need to com­plete one or two mod­ules.

Both AICB and APU are de­lighted to es­tab­lish the col­lab­o­ra­tive re­la­tion­ship. AICB CEO Tay Kay Luan said, “As AICB places sig­nif­i­cant im­por­tance on the cross- shar­ing of in­tel­lec­tual re­source and tech­ni­cal ex­per­tise, I am cer­tain that lever­ag­ing on both par­ties’ strengths and ca­pa­bil­i­ties will al­low us to ex­plore var­i­ous pos­si­ble and po­ten­tial col­lab­o­ra­tions to fur­ther en­hance the education and train­ing for the in­dus­try.

He also said he be­lieves such col­lab­o­ra­tions will en­hance com­pet­i­tive­ness in the global fi­nan­cial mar­ket. APU vice- chan­cel­lor Prof Ron Ed­wards said, “The AICB- APU part­ner­ship pro­vides yet an­other op­por­tu­nity for APU stu­dents to con­nect with in­dus­try and pre­pare for pro­fes­sional life.”

He also stated that ex­per­tise in the bank­ing and fi­nance ar­eas, in par­tic­u­lar, en­hances em­ploy­a­bil­ity and fa­mil­iar­ity with pro­fes­sional stan­dards.

The Asian In­sti­tute of Char­tered Bankers ( AICB) is the pro­fes­sional body for the bank­ing and fi­nan­cial ser­vices in­dus­try. Known pre­vi­ously as the In­sti­tute of Bankers Malaysia ( IBBM), AICB con­tin­ues its found­ing tra­di­tion of up­hold­ing and en­sur­ing high pro­fes­sional stan­dards, its de­vel­op­ment and de­liv­ery of education and learn­ing; for both in­sti­tu­tional and in­di­vid­ual mem­bers.

AICB re­mains as the cen­tre of ex­cel­lence through the de­liv­ery of pro­fes­sional ser­vices and in­no­va­tions. APU is among Malaysia’s premier pri­vate univer­si­ties and of­fers a wide range of de­gree pro­grammes in col­lab­o­ra­tion with Stafford­shire Univer­sity, UK, with tech­nol­ogy as a com­mon core, in­clud­ing In­for­ma­tion Tech­nol­ogy, En­gi­neer­ing, Busi­ness and Man­age­ment, Ac­count­ing, Quan­ti­ta­tive Stud­ies and Me­dia.

Th­ese pro­grammes nur­ture stu­dents into pro­fes­sion­als and pre­pare them for chal­leng­ing ca­reers and roles in busi­ness and so­ci­ety glob­ally.

Pro­fes­sion­al­ism, prob­lem­solv­ing skills, and cre­ativ­ity and in­no­va­tion are some of the key at­tributes of APU grad­u­ates.

The mul­ti­cul­tural stu­dent com­mu­nity com­prises Malaysian stu­dents as well as in­ter­na­tional stu­dents.

APU earned its rep­u­ta­tion as an award- win­ning univer­sity through its achieve­ments in win­ning a host of pres­ti­gious awards at na­tional and in­ter­na­tional lev­els. It was an­nounced as among the high­est rated univer­si­ties in Malaysia, be­ing rated at Tier 5 ( ex­cel­lent) un­der the Se­tara 2013 Rat­ings by the Higher Education Min­istry and Malaysian Qual­i­fi­ca­tions Agency in 2012.

For more in­for­ma­tion, visit www. apu. edu. my.

The Mem­o­ran­dum of un­der­stand­ing was signed by APu vice- chan­cel­lor Prof ron Ed­wards ( left) and AICB CEO Tay Kay Luan.

upon sign­ing the Mou, APu and AICB will col­lab­o­rate to de­liver in­dus­trycompli­ant syl­labus to stu­dents who are un­der APu’s Bank­ing and Fi­nance- re­lated pro­grammes.

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