| Detailed description |
PHILOSOPHY
The programme is intended to reach out to “deserving Malaysians” who are in need of financial aid to pursue their education.
WHAT DOES THE SCHOLARSHIP OFFER?
- Up to RM10,000 a year in course fees or the actual cost, whichever is lower;
- Up to RM2,000 in allowances for learning aids
including books, computer, stationeries, and other materials per
semester or up to RM4,000 per year;
- Up to a maximum of RM6,000 allowance per year or RM500 per month;
- Induction Programme
An induction programme will be provided to all
recipients of PIDM’s Scholarship Award. This is to ensure the recipients
understand the mandate, vision, mission and values of PIDM.
- Mentoring and Coaching
Each recipient will be assigned a “mentor” from PIDM Senior Management
team. The mentor will provide consistent and continuous mentoring and
coaching throughout the programme. This is to ensure that the recipients
have the necessary support and are able to leverage on the experience
of our management team.
- Internship Programme
As part of the strategic design of the programme,
graduates will be offered paid six-month internship opportunities in
PIDM to apply what they have learned in an operational context (minimum
‘Cumulative Grade Point Average’ (CGPA) of 3.00 or a minimum of ‘Second
Class Upper’ in the final examinations).
In summary, the programme will cover the above fees and
allowance up to a maximum of RM20,000 per person per annum. During the
period of internship with PIDM, each recipient will receive a monthly
allowance of RM1,000 for a six-month period.
WHAT ARE THE REQUIREMENTS?
The scholarship will be offered on a yearly basis to a
maximum of 10 successful applicants, to undertake up to four years of
undergraduate studies locally.
This notice of offer for the scholarship is open for
applications from all Malaysian students in need of funding commencing
2014. Students who have started their undergraduate studies are also
eligible to apply provided they meet the requirements.
| 1. |
You must be a Malaysian citizen under 25 years of age (as of 1 January 2014) and be a full time student; |
| 2. |
You must have good academic results in SPM/STPM or equivalent (with credits in Bahasa Malaysia and English); |
| 3. |
You must be a
full-time student and have gained admission into any of the courses
related to the field of studies listed here, which has been approved
and accredited by Lembaga Akreditasi Negara (LAN), in a college or
university in Malaysia as approved by PIDM; |
| 4. |
Not be in a position financially to take the course without financial aid or award; |
| 5. |
Not be in receipt
of any other scholarship, financial aid or award from any institutions
or any other organisations or foundation; |
| 6. |
Not have been
terminated from or ceased to be in receipt of any other scholarship,
financial aid or award from any institution, organisation or
foundation, due to disciplinary action against the applicant; |
| 7. |
Applications will
only be considered if they meet the eligibility criteria; the specific
field of study and the list of colleges and universities as approved by
PIDM. |
PRE-REQUISITES AND CONDITIONS
The list of pre-requisites includes:
| 1. |
A requirement to provide information on income for the applicant and/or parent(s); |
| 2. |
To submit a
written essay in English of approximately 1,000 words on your chosen
field of study and your aspirations in contributing to the financial
services landscape and the country in general. |
| 3. |
The offer of scholarship will be subject to acceptance of the terms and conditions of a scholarship agreement with PIDM. |
| 4. |
There will be no bond to this scholarship and the recipients are not required to repay the amount of the scholarship awarded. |
| 5. |
Recipients of the
scholarship awards will be required to fulfil conditions as set out in
the scholarship agreement including, but not limited to, maintaining a
minimum ‘Cumulative Grade Point Average’ (CGPA) of 3.00 or achieve a
minimum of ‘Second Class Upper’ in the final examinations. |
CONDITIONS OF CONTINUING SPONSORSHIP
PIDM may discontinue the scholarship or any part of the scholarship, at any time should the recipient of the scholarship:
| 1. |
be unable to continue his or her studies, for whatever reason; |
| 2. |
fail to achieve a minimum Grade Point Average (GPA) and Cumulative Grade Point Average (CGPA) of 3.0 in any semester; |
| 3. |
fail to maintain
conduct which is consistent with the rules and regulations specified by
the college or university and is placed on probation; or |
| 4. |
is in breach of any of the terms and conditions of the PIDM scholarship agreement. |
WHAT ARE THE ELIGIBLE FIELDS OF STUDY?
- Accounting
- Banking
- Business Administration
- Finance
- International Business
- Islamic Banking
- Financial Banking and Management
- Computer Science / Information Technology
- Economics
- International Financial Economics
- Statistics
- Actuarial Science
- Law / Shariah Law
- Human Development / Human Resource Development
- Mathematics (Actuary)
- Risk Management and Insurance
- Insurance
APPROVED LIST OF COLLEGES OR UNIVERSITIES
PUBLIC HIGHER EDUCATION INSTITUTIONS
- Universiti Tun Hussein Onn Malaysia (UHTM)
- Universiti Islam Antarabangsa Malaysia (UIAM)
- Universiti Kebangsaan Malaysia (UKM)
- Universiti Malaya (UM)
- Universiti Malaysia Pahang (UMP)
- Universiti Malaysia Perlis (UNIMAP)
- Universiti Malaysia Sabah (UMS)
- Universiti Malaysia Sarawak (UNIMAS)
- Universiti Malaysia Terengganu (UMT)
- Universiti Putra Malaysia (UPM)
- Universiti Sains Islam Malaysia (USIM)
- Universiti Sains Malaysia (USM)
- Universiti Teknologi Malaysia (UTM)
- Universiti Teknologi Mara (UiTM)
- Universiti Utara Malaysia (UUM)
PRIVATE HIGHER EDUCATION INSTITUTIONS
- Multimedia University (MMU)
- Universiti Tenaga Nasional (UNITEN)
- Universiti Tun Abdul Razak (UNIRAZAK)
- Universiti Tunku Abdul Rahman (UTAR)
- Universiti Industri Selangor (UNISEL)
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