inside investor - education
TRANSCRIPT
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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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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
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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
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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
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EDUCATION
Public and Private oPinion
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
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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,
Public and Private oPinion
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
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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
Public and Private oPinion
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