Heriot-Watt and FWD Takaful partnership to empower talent in Actuarial Science and Data Science

• Provide learners with abilities, experiences to excel in financial &amp, data research
• Partnerships aid both in the expansion and development of Taiwan’s economy.

Heriot-Watt University Malaysia and FWD Takaful Bhd signed a Memorandum of Agreement ( MoA ) at the university’s Malaysian campus yesterday, valued at US$ 220, 000 ( RM1 million ), including a scholarship, for its students in Actuarial Science and Statistical Data Science for the Takaful industry and beyond.

The MoA was signed by Professor Mushtak Al-Atabi, Provost and CEO of Heriot-Watt University Malaysia, and Wan Ahmad Najib Wan Ahmad Lotfi, Chief Distribution Officer of FWD Takaful. Heriot-Watt University Malaysia’s Registrar and Chief Operating Officer Janice Yew were also provide.

Mushtak said,” FWD Takaful has been our longer standing mate. This partnership expands our relationship and supports Heriot-Watt University Malaysia’s mission of providing deliberate education and ensuring equal prospects for our students. It makes a significant funding in the financial and data science fields, giving students the necessary knowledge and skills to succeed in these fields.

According to Thin Ahmad,” Our relationship with Heriot-Watt University Malaysia reflects our commitment to investing in training and providing opportunities for fresh talent to thrive.” We think that this partnership will help the takaful market grow and develop while also increasing student employability and skills. To date, there have been four Heriot-Watt University researchers, three of whom are currently interning with us.

Numerous students studying financial research and statistical data science will gain from the agreement, which will give them opportunities to develop their skills. The agreement will include the second:

Option to study in the UK through the Go Global Initiative

• Through the University’s Go Global, inter-campus exchange program, this program offers a prize to two Financial Knowledge or Statistical Data Science students who study at Heriot-Watt’s Edinburgh school for one quarter. The semester’s tuition and living expenses are covered by the money.

Scholarships for statistical data scientific or statistical science

• This award program provides financial aid to four students at the base to the degree level, paying full tuition and living expenses for nine months each year for four years of study.