The Securities Commission Malaysia (SC) has commenced the second cohort of the investED Leadership Programme, an SC-led initiative to help ensure a sustainable talent pipeline for the capital market.
Launched by Prime Minister Dato’ Seri Anwar Ibrahim in June 2023, the flagship graduate programme is also designed to help enhance the employability of local graduates.
The initiative is the first ever such tie-up between the SC, the Ministry of Finance, the Ministry of Higher Education, the capital market industry and universities. investED is opened to all Malaysian graduates from all disciplines.
For the second cohort, the investED Leadership Programme offered placements to 268 trainees. On 1 August 2024, 197 trainees began a one-month comprehensive classroom training at the Asia School of Business in Kuala Lumpur. This will be followed by a sixmonth on-the-job experience with leading industry partners, beginning 1 September 2024.
The first cohort of 169 candidates graduated in February this year after completing a sixmonth job placement with 53 capital market partner companies. More than 65% of them were offered jobs with investED's partners.
This year, the investED programme has roped in a wider array of partner companies. They include investment banks, stockbroking firms, fund management companies, equity crowdfunding platforms, and advisory services.
So far, 50 partner firms have agreed to place the second cohort’s trainees. Host companies with the highest placement offered include the SC, Kenanga Investment Bank Berhad, Moomoo Securities Sdn Bhd, Hong Leong Group, Affin Hwang Investment Bank and Maybank.
SC Chairman Dato’ Mohammad Faiz Azmi said the collaboration with the various companies will provide valuable exposure to different aspects of the industry, offering trainees a well-rounded experience.
Since its inception, investED has also engaged 77,185 university students via eight career fairs and 36 career talks nationwide. It plans to engage more students, universities and partner firms this year.
The programme is aimed at improving the capital market knowledge of 9,000 university students and provide up to 600 jobs in the capital market industry between 2023 and 2025.
For more information on investED programmes, visit www.invested.my.
