- The plan aims to provide electronic skills to the Malaysian economic sector.
- As part of the aircraft cohort, fifty students were chosen to improve the system for the next participants.
Payments Network Malaysia ( PayNet ) has launched” Program Akar”, an initiative aimed at addressing Malaysia’s urgent need for digitally skilled workers. The first and only university chosen to participate in this 47-day training program, which will begin in July 2024 and will end in November, is Asia Pacific University of Technology & Innovation ( APU).
In a statement, APU announced that the university’s fifty technology and IT students had been chosen as the captain group to gather ideas and develop the program for the program’s potential members. This initiative, which is powered by AWS re/Start, provides cohort-based workforce development training that is free and aimed at promoting electric skills to participants. The goal is to train people for professions in the sky and link them with potential employers.
By empowering Malaysia’s next-generation skill with important electronic skills,” Program Akar” aims to revolutionize the financial services sector. Over the next five years, according to recent research from Gallup and AWS, 78 % of Malay employers will seek online experienced staff. Almost half of the Malaysians surveyed are unable to access inexpensive online skills training, despite this. Additionally, Access Partnership and AWS’ Accelerating AI Skills study found that almost all financial services employers (99 % ) anticipate using AI in the next five years.
For this effort, AWS will provide coaching tools, sky solutions, and technical skills, while PayNet will finance the project and advocate for the inclusion of industry-relevant skills. World Education Placement Services Sdn Bhd ( WEPS) will ensure the curriculum remains up-to-date and industry-focused, delivering the programme from start to finish.
” Program Akar was initiated by PayNet together with WEPS, AWS, and the School of Technology ( SoT), School of Computing ( SoC), and the School of Accounting and Finance ( SoAF ) at APU. We are really happy that it is only available to APU kids, according to Senior Head of SoT Associate Professor Dr. Thang Ka Fei. It is the first program of its kind in Malaysia.
He explained that 50 computing and information technology students were chosen from among about 150 candidates through a rigorous school evaluation and interview process. These individuals have now been deemed qualified as possible computer experts for the economic sector.
” The trainees will go through 45 times of online learning and two days of real training for online payments.” They will then collect a three-month guarantee location with local financial institutions. The fully sponsored training package is valued at US$ 2, 700 ( RM12, 000 ) per student” , , Dr Thang said.
The training program, developed by AWS and PayNet, covers basic sky skills and electronic payments, including development, networking, safety, and databases. Graduates may even take the recognized AWS Cloud Practitioner Certification Exam to demonstrate their abilities.
Students will receive a Digital Payment Certificate of Completion, an AWS re/Start Graduate Certificate of Completion plus a Digital Badge, and an AWS Certified Cloud Practitioner Certificate and a Digital Badge once the teaching is over. Graduates will likewise receive assistance in acquiring jobs and work assignments in Malaysia’s financial services sector, enabling them to put their training to use in the workplace. PayNet and WEPS will join candidates with roles such as fog operations, page reliability, infrastructure support, and professional business support functions.
Currently, Bank Negara, Maybank, Public Bank, Hong Leong Bank, and Bank Islam have expressed interest in providing internship opportunities to the programme graduates.
” Our commitment to developing industry-relevant skills and creating pathways for our students to thrive in the digital economy is underpinned by our involvement in” Program Akar,” said Prof. Dr. Ho Chin Kuan, Vice-Chancellor of APU.
He added that the students are well-versed in technical knowledge and have a positive attitude toward learning. They will be supported and mentored by the university’s academicians on campus, who are dedicated to disseminating tech knowledge. We are proud to be a part of this transformative initiative, and I’m confident that these students will successfully complete their training and contribute to the finance industry with their added expertise, in addition to their bachelor’s degrees, he said.