Universiti Tunku Abdul Rahman (UTAR) and Financial Planning Association of
Malaysia (FPAM) signed a memorandum of understanding (MoU) to offer
Certified Financial Planner (CFP) certification programme.
The MoU was signed by UTAR President Ir Prof Academician Dato' Dr Chuah Hean
Teik and FPAM President Wong Boon Choy, while UTAR Dean of Faculty of
Business and Finance Dr Choong Chee Keong and FPAM Chief Executive Officer
Chan Chow Hun signed as witnesses.
In a ceremony at UTAR Petaling Jaya Campus on 17 August 2012, UTAR Vice
President (Internationalisation and Academic Development) Prof Dr Ewe Hong
Tat, on behalf of Prof Chuah, exchanged the documents with Wong.
Under the MoU, FPAM appointed UTAR as an approved education provider for its
CFP certification programme. Subject to conditions, UTAR students of
Bachelor of Finance (Hons) and Bachelor of Business Administration (Hons)
Banking and Finance are given maximum exemptions of three out of six modules
of the programme. In addition, both parties will collaborate on
research projects, sharing of expertise, programme development, study
visits, and academic activities such as conferences and workshops.
"Incorporating the professional qualification in our course curricula
ensures our students get the relevant qualifications and recognition and, as
a result, the industry gets suitably qualified graduates as employees for
both the local and global employment markets. For this reason, UTAR is
pleased to work together with FPAM to uphold the professionalism of
financial planning," said Prof Ewe.
"Through the MoU, FPAM will be able to introduce the CFP mark to a new
generation who is about to enter the working world. As we know, the
working world can be an exciting place, full of opportunities, yet it is
also extremely competitive. Therefore, students need to be equipped with an
extra edge in order to stand out and seize the opportunities available. This
extra edge is the CFP designation," said Wong. He added that, according to
Bank Negara, the wealth management sector was expected to experience an
eight-percent growth within 2010 to 2020. With such growth the country
would need more professionals with qualifications such as CFP.
Prof Ewe (second from left) exchanging MoU with Wong, while Dr Choong (left)
and Chan look on.
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