MAHSA University has announced its collaboration with Malaysian Financial Planning Council (MFPC) to offer programmes for the purpose of the professional qualification for the Registered Financial Planner (RFP) and the Shariah Registered Financial Planner (Shariah RFP) certifications. The programmes are designed to produce competent financial planners who are professionally qualified.
An agreement was signed to this effect by Prof. Dato' Dr. Ikram Shah bin Ismail, the Vice-Chancellor, MAHSA University and Mr Vincent Kwo Shih Kang, President, MFPC. According to Assoc Prof Alla Kesava Rao, COO “MAHSA University is always aligned to the Malaysian government’s initiatives and is committed to create competent financial professionals through this agreement.” The signing ceremony was witnessed by Assoc Prof Dr Syriac Nellikunnel, Dean, faculty of Business along with Ms Chung Kar Yin, Executive Director, MFPC. Directors, Deans and other officials from MAHSA University and MFPC graced the occasion.
According to MFPC President Vincent Kwo Shih Kang, this strategic collaboration is in line with the recent announcement by regulators intending to expand the scope of financial planners. “MFPC, together with MAHSA University laud these encouraging steps being taken. We are committed to supporting the growth of the financial planning profession through this active approach which will greatly benefit the rising number of novice investors especially as there is heightened interest in investing post pandemic times.”, says Kwo.
This agreement is significant as this will help to train financial planners who will help the Malaysian community to cope with the financial management-related impact of the COVID-19 pandemic and plan all personal financial needs including preparations for retirement. Financial well-being of its citizens, especially the youth is an important trait of a healthy nation. Financial literacy of the youth will lead to positive financial behaviour leading to financial well-being. With the help of professional financial planners, Malaysians will be able to manage their financial heath and make better financial decisions. The whole effort is in line with the Malaysian Government's initiatives to intensify further knowledge based programmes focusing on financial planning.
