inside investor - education

7/28/2019 Inside Investor - Education

1/7INSIDE MALAYSIA JULY 137

Education

SNAPSHOT

A a

OVERVIEW

Private education a main driver for

excellence in learning ............................... 138

PUBLIC AND PRIVATE OPINION

UUM a center for Islamic business

education ....................................................... 140

Banking on innovative spirit ................ 142

Taking aviation training

to new heights .............................................. 143

ANALYSIS OF INVESTMENT

OPPORTUNITIES WITH PARTNERS

Skills development can

bear fruits ................................. ...................... 144

TOP 10 EDUCATIONAL

INSTITUTIONS ............................................146

RATING BY INSIDE INVESTOR

Education a sector that generates

returns .................................. .............................147

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2/7InsIde MALAYsIA JULY 2012138

overview

EDUCATION

The Minisry o Higher Educaion

(MOHE), esablished in 2004, is

responsible or all eriary educaion

in Malaysia. According o he curren

Miniser o Higher Educaion, Dao

Seri Mohamed Khaled Nordin, hechallenge is o provide sudens wih

world-class higher educaion o produce

more researchers, scieniss, engineers,

proessionals, specialiss, and skilled

echnical alen who can succeed in an

increasingly compeiive global marke.

MOHEs mission is o creae a higher

educaion environmen ha is able o

oser he developmen o academic and

insiuional excellence.

According o MOHE, approximaely

900,000 sudens currenly pursue heir

higher educaion in 20 public universiies,

33 privae universiies and universiy

colleges, our oreign universiy branch

campuses, 22 polyechnics, 37 communiy

colleges, and abou 500 privae

colleges. According o gures rom heDeparmen o Saisics Malaysia, only

24.2 per cen o he labour orce in he

counry had atained a higher educaion

degree by 2010, or 2,788,700 ou o 11,517,200

people.

The larges share o he labour orce

received secondary educaion as he

highes atained level o ormal educaion,

namely 55.7 per cen. The remaining 20.1

per cen did no receive any degree o

ormal schooling higher han primary

school level.

Private education a main driveror excellence in learningOver the past years, the Malaysian government has shown great commitment to the

higher education sector by trying to ensure that all qualifed students have access to it.

Loans and scholarships were made available or students enrolled in both public and

private higher education institutions to increase the overall participation rate.

MOHEs mission isto create a highereducation environmentor academic excellence.

TourismM

alaysia

Tourism

Malaysia


3/7

overview

EDUCATION

Teriary educaion in Malaysia is

divided ino public and privae secor

unded insiuions o higher learning.

Slighly less han 50 per cen o he

sudens enrolled in eriary educaion

in Malaysia atend public colleges and

universiies, while he oher hal o he

sudens are enrolled in privae higher

educaional insiuions. In comparison,in primary and secondary educaion 95

per cen are enrolled in a public unded

insiuion. The relaive large number

o privae providers in higher educaion

is complemening he public educaion

secor and has increased access o eriary

educaion or boh Malaysian ciizens as

well as or inernaional sudens. Over

ime, he number o privae providers has

been increasing seadily.

To encourage urher higher educaion

paricipaion or all ha qualiy, he

governmen has se up wo main sudensuppor mechanisms in he orm o

suden loans and scholarships. All

sudens can obain suden loans o

subsidise heir sudies a a concessional

annual ineres rae o hree per cen.

Sudens who obain a Firs Class

Honours degree do no have o repay heir

loan a all. Dieren kinds o scholarships

are provided o cerain sudens ha

qualiy, eiher based on heir sudy

success or because o heir poor nancial

background. Among sudens who

receive a scholarship, only 4.5 per cen are

enrolled in a privae educaion insiuion.While some scholarships are graned

o sudens who sudy in Malaysia, he

majoriy o he unds is or sudens

sudying abroad. Among sudens who

receive a scholarship, only 4.5 per cen are

enrolled in a privae educaion insiuion.

The relative large numbero private providers

in higher education is

complementing the public

education sector and has

increased access to tertiary

education or Malaysian

citizens as well as or

international students.

An investment o

ringgit by the private sector isrequired until 2020 to lower thenumber o unskilled workers inMalaysia and give them accessto training acilities.

3.4b



EDUCATION

Malaysias norhern-mos universiy

UUM is no only a draw or sudens, i

also has managed o esablish a global

repuaion as a leading business school in

Islamic counries.

For he rs ime ever, Ohman

Yeop Abdullah Graduae School o

Business (OYAGSB) o UUM organised

he Inaugural Convenion o he World

Associaion o Business Schools in IslamicCounries (WAiBS) on July 8-9, 2012, held

on Langkawi Island.

Wih he heme o Empowering he

Ummah hrough Sraegic Business

School Parnerships, he rs convenion

was an imporan plaorm or scholars

rom business schools in member saes

o he Organisaion o Islamic Counries

(OIC) o collaborae and esablish

smar parnerships wih corporae

parners o address economic, business

and managemen issues, as well as

develop, share and apply business andmanagemen knowledge and ideas or he

creaion o susainable developmen o

economy, sociey and environmen o OIC

counries.

According o he Dean o OYAGSB,

Pro. Dr. Noor Azizi Ismail, WAiBS is an

associaion o business schools in he OIC

counries commited o he advancemen

o managemen and business educaion

and knowledge. I is in he spiri o

creaing, sharing and working ogeher

or he betermen o he Muslim ummah

Public and Private oPinion

ha our school iniiaes he ounding o

WAiBS, which is deemed o be imely and

relevan given he issues surrounding he

curren Muslim naion.

Proessor Dao' Dr Mohamed Musaa

Ishak, Vice Chancellor o UUM, said

"we hope ha by he esablishmen o

his associaion we can bring ogeher

business schools rom Islamic counries

o share and o have exchanges or hebene o he business schools and he

Islamic counries".

He added ha "o more imporance is

o see how schools rom Islamic counries

can work ogeher o spearhead research

and developmen or he betermen o

he Muslim ummah."

middle east students

UUM, which was launched in 1984, has

abou 1,000 sudens rom all over he

Middle Eas, represening abou one hird

o he oreign suden populaion a heenire Kedah campus. The oal number

o sudens a UUM presenly is more

han 34,000.

We wan o increase he number o

oreign sudens in he universiy o 30

per cen rom en per cen, said Dao Dr.

Mohamed. We have he poenial and

capaciy o ull his ambiion.

We have already signed MoUs wih

London Business School and many

op insiuions in he US. So we have

parners around he world. These

universiies won sign wih you i hey

don hink you have he qualiy.

He said he universiys programmes

in Islamic Business, Accounancy and

Inernaional Business, among ohers,

have proved popular wih local and

oreign sudens wih many graduaes

going on o srong careers in oreign

aairs or wih mulinaional companies.

The Malaysian governmen saredUUM in order o increase he number o

qualiy managemen personnel in he

counry, which had previously relied

on expariaes o ll op-level poss.

Now, UUMs business degrees are he

mos sough aer in Malaysia and, aer

27 years o educaing generaions o

managers, i has emerged as he second

larges universiy in he counry.

UUM enjoys 100 per cen backing

rom he Malaysian governmen and

one o is major srenghs is ha mos

o is programmes are oered in English.This is o paricular advanage o Middle

Easern sudens who reurn o heir

home counries wih improved English

skills and beter opporuniies in he job

marke.

In addiion, UUM is expanding is

reach across Malaysia o encourage hose

already in he workorce o srenghen

heir academic porolios. Through

is Execuive Developmen Cener,

UUM provides Malaysians and ohers

who are in ull-ime employmen he

Pro. Dato Dr. Mohamed

Mustaa Ishak

Chairman and Vice-Chancellor

Universiti Utara Malaysia

UUM a center orIslamic businesseducationUniversiti Utara Malaysias business degrees

are the highly sought ater due to their

specialised oerings and their Islamic ocus.

Its Vice-Chancellor talks about UUMs

success and his hopes or the uture.

Pro. Dato Dr. Mohamed

Mustaa Ishak

Chairman and Vice-Chancellor

Universiti Utara Malaysia


5/7InsIde MALAYsIA JULY 2012 141

EDUCATION


opporuniy o pursue higher educaion

while coninuing heir jobs. The EDC has

opened ceners hroughou Malaysia

by orging parnerships wih relaed

indusries.

Sociey acceps he concep o

lielong educaion or all as a norm and

programme oers people he chance

o sudy while sill employed, Dao Dr.

Mohamed was quoed as saying by local

media.

Courses being oered include Masers

in Business Adminisraion, Execuive

Diploma and shor courses in English and

Eecive Leadership.

hot wired

In is ques o keep up wih he laes

Inerne echnology and communicaion

rends, UUM has made wireless Inerne

access available hroughou is campus.

More han 2,000 compuer erminals are

available or use by sudens a various

compuer laboraories.

They are all linked o he Inegraed

Sinok Local Area Nework or access o

he web. In addiion, here are wireless

hospos scatered hroughou he school

wih all sudens given heir own personal

email accoun.Technology has also been inegraed

ino UUMs Sulanah Bahiyah Library,

which uses LINTAS (Library Inormaion

Technology Auomaed Sysem) ha

caalogues and organises more han 1

million iles in eiher prined or digial

orm.

The librarys collecion includes more

han 290,000 prined maerials, 654,000

non-prined iems and 96,000 elecronic

iles. I also subscribes o more han

29,000 elecronic journals and 42,000

e-book iles.Online services allow users o make

collecions in an ecien manner.

Wih so many oreign sudens, as

well as Malaysian sudens who are ar

rom home, UUM is a ully residenial

universiy and oers a mini-ciy

amosphere by mainaining a vas

nework o accommodaion and relaed

aciliies. A oal o 15 residenial halls

provide accommodaion or 22,000

sudens, including a special hall or

married sudens.

residential comfort

Each hall has common rooms,

caeeria, laundry aciliies, shops,

recreaion ceners and spors aciliies.

In addiion, here are places o worship

or all religions, including he Sulan

Badlishah Mosque, which can hold

prayers or up o 5,000 worshippers a one

ime. The prayer hall is also recognised as

he rs higher educaion cyber mosque,

providing wired and wireless inerne

services.

Chinese and Hindu emples, Buddhi

Was and churches or a range o

denominaions are available or hose

who hold o hose respecive aihs.

No own would be complee wihou

adequae healhcare and UUM ulls his

role wih is Universiy Healh Cener,

which provides comprehensive medical

and denal reamen, counselling, rs

aid, surgery and medicaion or sudens

and sa.

The Ceners aciliies include a

compuerised haemaology laboraory,

imaging and diagnosic laboraory as

well as paediaric and ane-naal clinical

services. Spors plays an imporan par

in universiy lie and UUM provides

aciliies or a grea variey o sporsdisciplines.

An Olympic-sized swimming pool, mini

sadium wih op-class running rack,

archery range, grass elds and oher

aciliies caer or almos every spor,

including ooball, rugby, hockey, rack

and eld, badminon, ennis, baskeball,

volleyball, soball, handball, neball and

even moorspors, among ohers.

UUM is he rs universiy in he

world o have an on-campus go-kar rack.

The UUM Inernaional Go-Kar Circui is

1.2 kilomeers long, covering 5.67 acres and

cos abou RM2 million o build.

The circui has been sancioned by he

world governing body or moorspors,

FIA, and is one o only our racks in

he world o run in an ani-clockwise

direcion. Leisure and recreaion aciviies

a he UUM do no sop wih spors and

hobbies.

mall comPleX

The campus also conains he Varsiy

Mall, which has a pos oce, banking

aciliies, bookshop, resauran, mini-

marke and oher eaures and atracions

ound in shopping malls around he

world.

Shopping also exends o a commercial

cener ha boass pleny o salls

managed by sudens and ha sell a range

o iems and goods.

UUM has cerainly made an impac

among Malaysian and inernaional

sudens as more han jus a eriary

learning cener.I has earned a repuaion as a

living, breahing and growing academic

insiuion ha coninues o produce

high-qualiy sudens who are armed

no only wih comprehensive knowledge

and skills, bu also wih imporan lie

experiences.

UUM



EDUCATION

Q: Can you explain how UTMs Global

Plan will make the university more

innovative, entrepreneurial and global?

A: The UTM Global Plan 2012 -2020 is o

posiion UTM among he op 50 in he

world universiy ranking by 2020. The

aim is o become renowned in erms o

ousanding scholarly conribuions,

qualiy human capial developmen,

impacul conribuion o he Malaysian

and regional innovaion economy,

prominence a he inernaional level anda repuable academic brand.

To achieve his, UTM needs o say

compeiive wih rs class mindse,

srong innovaive spiri and poen

enrepreneurial capaciy while embracing

scholarly achievemen in erms o

research and developmen, publicaion,

commercialisaion, excellen work culure,

erile campus ecosysem, and srong

nancial sanding.

Q: Malaysia needs to hurdle over the

middle-income trap by unlocking humancapital. How are UTM students being

prepared or this?

A: UTM aims o produce qualiy and

alened graduaes who are no only

compeen in heir specialised discipline

in erms o echnical knowledge and

skills, bu also equipped wih high values

and exemplary atribues. We are also

commited o produce graduaes who

no jus seek employmen bu are also

enrepreneurial in creaing jobs or

hemselves as well as or ohers. As such,


UTM provides exposure o sudens in

one wo-credi course called Job Creaion

where sudens are involved in bidding or

acual projecs a he universiy by seting

up heir own companies. They have o

come up wih heir business proposals,

which is a good raining ground or

engaging in real-lie projecs. Microcredi

aciliies are also made available.

Q: UTM generated an impressive

number o patents in 2011. What weresome o the more stand-out patents or?

A: 182 invenions in various caegories o

inellecual properies were proeced in

2011, where 70 were led under paens

wih he Malaysian Inellecual Propery

Oce (MyIPO). Among ohers, a paen

ha is considered ousanding is he

Building Assembly Sysem by Assoc. Pro.

Dr. Ahmad Mahir Mahar. Even hough

mos o inellecual propery righs, or

IPRs, are obained rom research and

developmen aciviies, any IPRs generaed

rom operaional aciviies can also berecommended or proecion.

This is o ensure ha he culure o

innovaion and sense o awareness o he

righs o ones IPR are observed by all in

UTM. To ensure ha our IPRs can bene

UTM and he invenors, an innovaion

ecosysem has been esablished where

all innovaions or invenions will be

channelled o he Innovaion and

Commercialisaion Cener.

Q: Can you describe a story-worthy UTM

alumnus or our readers that exemplifes

your goals?

A: An alumnus o UTM who exemplies

UTMs goal is Dao Wei Chuan Beng, who

is currenly he Managing Direcor o

REDone, a leading broadband service

provider and Mulimedia Super Corridor

saus company. He obained his Bachelors

Degree in Elecrical Engineering rom

UTM in 1989. His enrepreneurial pursui

is refeced in his companys in-house

research and developmen capabiliies andhome-grown echnological innovaion,

wih srong capabiliies in business

managemen, business relaions and

policies.

Q: What education-related inrastructure

do you think would beneft the most

rom additional investment?

A: Wih he curren reducion in budge

allocaion or developmen projecs, UTM

is commited o engage in susainable, eco-

riendly inegraed developmen projecs,

wih unding rom invesors and parnersidenied by he universiy. For example,

he High-End Accommodaion projec

in Kuala Lumpur or UTM sudens, o

be unded by EPF wih approval rom

he Finance Minisry, is already in he

pipeline. Anoher projec proposed is he

Eco-Meropolis in UTM Johor Bahru.

The projec will encompass commercial,

residenial, medical, recreaional and

educaion. The aim or he universiy is o

develop high impac cachmen areas o

generae high reurns.

Universiti Teknologi Malaysia (UTM) is steering its

course towards placing its brand name on the global

academic map under the helm o its Vice Chancellor,

Proessor Dato Ir. Dr. Zaini bin Ujang.

Proessor Datuk Ir. Dr. Zaini bin Ujang

Vice Chancellor,

Universiti Teknologi Malaysia

Proessor Datuk Ir. Dr. Zaini bin Ujang

Vice Chancellor,

Universiti Teknologi Malaysia

Banking oninnovative spirit


7/7InsIde MALAYsIA JULY 2012 143

EDUCATION

APFT, wih is base a he Sulan

Ismail Pera Airpor in Koa Bharu, oers

courses or privae, commercial and

airline ranspor pilo licences, as well as

muli-engine, insrumen and assisan

figh insrucor raings.

In raining, cades are exposed o an

aviaion environmen where domesic

airline operaions occur daily.

Sulan Ismail Pera Airpor operaes

a rs-class aireld, equipped wih radar

equipmen and an insrumen landingsysem. The school was ocially opened

in 2006.

I is he rs Malaysian figh school

o be accredied as a privae insiuion

o higher learning and is lised on Bursa

Malaysia.

The school has a fee o over 30

aircra, including Piper and Diamond

aircra.

APFT is ully accredied by he

Deparmen o Civil Aviaion and he

Minisry o Higher Educaion Malaysia as

an advanced eriary raining insiuion.The school now also oers a Diploma

in Aviaion (Pilo Training), which

has been approved by he Malaysian

Qualicaions Agency (MQA).

The Diploma in Aviaion gives he

sudens opporuniies o coninue wih

alernaives o being a pilo, such as

coninuing wih a degree course o heir

choice, or embarking on oher businesses,

Dao Faruk Ohman, APFT Execuive

Chairman, old Inside Invesor.

APFTs cades are ully licensed aer


graduaion o join any airline or urher

raining and employmen. The academy

is recognised by he Inernaional Civil

Aviaion Organisaion, or ICAO, which

acknowledges Malaysia as a member o

he organisaion.

APFT has rained cades rom

Indonesia,

Nepal, and Saudi

Arabia, and hey

have all reurned

home or heirype-raing

raining. Cades

have also joined

Indonesian

airlines or

urher

raining and

employmen.

The curren

figh raining

course is an

approved course

ollowing heJoin Aviaion

Auhoriy

Training

Organisaion

o Europe and

is recognised

inernaionally.

APFT

sudens raining

o become

commercial

pilos are

eligible or sudy loans rom he Naional

Higher Educaion Fund. The academy

is also saring new programmes or

aircra mainenance engineering, which

is considered as an expansion o he

company and will give sudens a wider

range o choice or a career in aviaion.

Asia Pacifc Flight Training (APFT), Malaysias leading

training center or cadet pilots, is expanding its

services to provide its students with a wider range o

career opportunities.

Taking aviationtraining to newheights

Dato Faruk Othman

Executive Chairman, APFT

Dato Faruk Othman

Executive Chairman, APFT

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