UCSI University’s Faculty of Business and Information Science achieved new heights, recently receiving full accreditation by the Finance Accreditation Agency for its Bachelor of Science (Hons) Finance and Investment programme.
The certification ceremony was held at Bank Negara on the 3rd of July and UCSI University’s recognition by FAA has pushed further its excellence in the finance and investment-related field benchmarking its curriculum against international learning standards.
The accreditation not only serves as an encouragement but also a motivation to improve outcomes for students, professionals and ultimately the financial industry in Malaysia.
In his speech at the certification ceremony, Vice-Chancellor and President Senior Professor Dato’ Dr Khalid Yusoff said that, “The FAA learning standards are comprehensive and far-reaching. By aligning ourselves with FAA practices, benchmarks and regulations, UCSI will provide students from over 110 nations with credibility, excellence and assurance that their education is future-proof.”
The Finance Accreditation Agency FAA is an independent quality assurance and accreditation body supported by Bank Negara Malaysia (Central Bank of Malaysia) and the Securities Commission Malaysia.
The work of FAA includes quality assurance, competency benchmarking and capacity building programmes and it is responsible for raising the standards and quality of professional learning and development in the financial services industry.
According to Khairul Nizam, CEO of FAA, “We are in the business of developing and strengthening the support for financial industries worldwide. Over the month, we have refined our ideas for FAA to serve clients better.”
The other recipients of the certificates of accreditation included Moody’s Analytics, UK, Financial Institutions Learning Centre (FITC) Nigeria, Public Bank, Permodalan Kelantan Berhad and Bank Rakyat.
For Executive Director of Moody Analytics, Ari Lehavi, one of their goals was to “build tools and solutions to empower individuals to make their own decisions as well as be responsible stewards of the financial system.”
“We are grateful for Bank Negara for supporting these high standards and entering into this robust learning environment,” he said.
Overall, the added FAA focus in our programmes will give UCSI University’s students an edge in the job market as they take on crucial roles in the financial sector.