Questions around this news
What does the MOU between SBH Financial Consultancy and MCKL aim to achieve?
The organizations say their collaboration is intended to advance financial education in Malaysia by creating pathways for higher education in financial literacy and encouraging exchange between academia and industry. They also aim to support practical financial solutions and promote awareness of financial technology as part of preparing the next generation of workers.
What is a Memorandum of Understanding?
A Memorandum of Understanding, or MOU, is a document that records the understanding between two or more parties about working together. It commonly describes shared goals and the broad areas of cooperation. Its legal effect depends on the document’s wording and applicable law; the title alone does not determine whether it is binding.
Does MCKL offer a Diploma in Financial Technology?
The release says MCKL offers a Diploma in Financial Technology and describes it as an exclusive offering. It presents the program in the context of the organizations’ shared interest in financial education and preparing Malaysia’s next-generation workforce. The release does not provide details about the diploma’s curriculum, admission requirements, or duration.
What does financial technology mean?
Financial technology, often shortened to fintech, refers broadly to the use of digital tools and software to provide, support, or improve financial services. Examples can include mobile payment systems, online banking, and software for managing money. The term covers a wide range of technologies and services rather than one specific product.
SBH Financial Consultancy and Methodist College Kuala Lumpur (MCKL) Sign MOU for Financial Education Excellence
Federal Territory of Kuala Lumpur, Malaysia, March 18, 2024 -- SBH Financial Consultancy, a prominent financial consultancy in Malaysia, has recently formalized a collaboration with Methodist College Kuala Lumpur (MCKL) through the signing of a Memorandum of Understanding (MOU) aimed at advancing financial education in the nation. The signing ceremony took place on 13th March 2024 at the MCKL campus in Kuala Lumpur.
Founded by Sam Tsen, SBH Financial Consultancy has been instrumental in reshaping Malaysia's financial landscape since its inception. Over the years, the consultancy has demonstrated a commitment to empowering individuals and businesses, having provided guidance to over 30,000 clients and reaching an extensive audience through social media platforms annually. This digital outreach underscores SBH Financial Consultancy's dedication to promoting financial literacy on a wide scale.
The collaboration between SBH Financial Consultancy and MCKL represents a significant step towards enhancing financial literacy in Malaysia. This partnership aims to establish innovative pathways for higher education in financial literacy, fostering a dynamic exchange of ideas between academia and industry. Through this collaboration, both entities aim to contribute meaningfully to the development of practical financial solutions to address the evolving challenges faced by individuals and businesses in Malaysia.
Furthermore, the MOU underscores a joint commitment to nurturing Malaysia's next-generation workforce, with a focus on promoting the significance of financial technology. Additionally, the collaboration seeks to highlight MCKL's role as a leader in providing quality education, particularly through its exclusive offering of a Diploma in Financial Technology.
“Through the collaborative efforts of SBH Financial Consultancy and MCKL, we aim to redefine financial education in Malaysia. This partnership reflects our shared commitment to empowering individuals and businesses, fostering a resilient, profitable, and sustainable financial landscape. Together, we believe in the transformative power of knowledge to guide individuals towards financial success," said Sam Tsen, Founder of SBH Financial Consultancy.
This collaboration emphasizes the commitment of both organizations to fostering financial education, knowledge exchange, and the development of innovative solutions for the benefit of individuals and businesses in Malaysia.
For media enquiries:
SBH Financial Consultancy
32, Jln Ampang, City Centre,
50450, Kuala Lumpur,
Telephone: +6018 983 5362
Email: [email protected]
Website: https://www.sbhfinancialconsultancy.com/
MCKL - Monisha Sri
Executive, Public Relations & Communications
Telephone: (603) 2274 1851 Ext: 165
Email: [email protected]
Website: https://mckl.edu.my/
Contact Info:
Name: Wong Poh Yee
Email: Send Email
Organization: SBH Financial Consultancy
Website: https://www.sbhfinancialconsultancy.com/
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At a glance
- Company
- SBH Financial Consultancy
- Announcement
- Partnership
- Location
- Kuala Lumpur, Malaysia
Key figures
- Clients advised by SBH
- over 30,000
People
- Sam TsenFounder of SBH Financial Consultancy
