A MoU was signed to mark a two-year collaboration for both organisations to provide a customised training and internship programme that focuses on data analytics.

Kuala Lumpur, Malaysia | Universiti Malaya, represented by its Faculty of Computer Science and Information Technology (FCSIT),has signed a Memorandum of Understanding (MoU) with UOB Asset Management (Malaysia) Berhad (UOBAM (Malaysia)) to collaborate on preparing computer science undergraduates for a successful career in data analytics.

Under the two-year collaboration, UOBAM (Malaysia) will offer the top 20 students from Universiti Malaya’s FSCIT an opportunity to participate in a year-long internship and to undergo a customised training programme as part of completing their Bachelor of Computer Science (Data Science) degree. The internship programme with UOBAM (Malaysia) will provide these students the opportunity to learn in groups, to acquire interpersonal skills and to gain on-the-job learning experience after having going through an initial two and a half years’ theory with the tertiary institution[1].

According to Universiti Malaya Vice-Chancellor, Datuk Ir. (Dr.) Abdul Rahim Hashim, the nation’s premier university is always looking for strategic partnerships with leading industry players such as UOBAM (Malaysia).

“We are pleased to collaborate with UOBAM (Malaysia)as a strategic partner in providing data analytics expertise and a tailored learning experience for our students. The partnership will create an industry-relevant internship and training programme and will prepare our students for a successful career in data technology.

“With increasing demand for skilled data analysts in Malaysia, Universiti Malaya recognises the need to prepare graduates who are adept at computing and analytics for the future. They will be geared towards solving business challenges where they will have the opportunity to embrace life-long learning and upskilling or reskilling that is important as they enter the workforce.”

Ms Lim Suet Ling, Chief Executive Officer, UOBAM (Malaysia), said, “We are honoured to be given the opportunity to collaborate with a renowned tertiary institution such as Universiti Malaya. We look forward to sharing with the University’s FCSIT and its computer science students our regional expertise and training programmes to help these students become the next generation of data analytics professionals.

“This collaboration is both critical and timely against the backdrop of the Fourth Industrial Revolution[2]that has resulted in an increased demand for digitally-skilled employees. Graduates need the right skills to succeed in the workplace of the future that will be dominated by data, automation and the latest in technology. UOBAM (Malaysia) is proud to support an industry-academic initiative as part of our effort to nurture young talent so that they can become future industry leaders.”

Under the MoU, in addition to offering an internship and training programme, UOBAM (Malaysia) will also jointly organise data science competitions such as hackathons or FinTech labs with Universiti Malaya for more than 1,200 FSCIT students.

[1] Both theory and practical forms Universiti Malaya’s overall 2u2i programme course, which was the first developed for a data science programme in Malaysia.

[2]The Fourth Industrial Revolution is the improvement of automation and machineries through smart systems using the Internet of Things and artificial intelligence. Source: Ministry International Trade and Industry Malaysia’s National Policy on Industry 4.0.