SHAH ALAM: Universiti Teknologi Mara (UiTM) today signed a Memorandum of Understanding (MoU) with Heriot-Watt University, United Kingdom to embark on a collaboration that focuses on Islamic finance, actuarial science and international business.
UiTM vice-chancellor Prof Emeritus Datuk Dr Hassan Said said the MoU commits both varsities to work together more closely towards their common goal in the pursuit of internationalisation of education through joint research, as well as staff and student mobility, among others.
Hassan hopes UiTM and Heriot-Watt’s strategic partnership will propel both institutions to greater heights.
Hassan said he and Heriot-Watt principal and vice-chancellor Prof Richard Williams enjoyed a fruitful discussion on several potential areas that both UiTM and Heriot-Watt can strategically work.
“I am confident that through our efforts and commitment, we will be able to achieve more and continue to develop even stronger relationships and friendships to provide a successful implementation of this MoU.
“We are talking about mobility of staff, sharing opportunities and talents and knowledge transfer. Heriot-Watt as we know, is one of the best in terms of actuarial science, and in Malaysia, I can say UiTM is one of the best.
“By having this collaboration, it will take us far and serve as a motivation to our students to excel, thus contributing to the production of talented graduates with global employment standards,” he said.
Meanwhile, Williams said UiTM has a rich tradition, on top of 165,000 students in 35 campuses throughout Malaysia, while Heriot-Watt has some 30,000 students in five campuses situated in the UK, Dubai and Malaysia.
The university, he said, received the International University of the Year Award from the Times and Sunday Times Good University Guide 2018.
Its Scotland-based varsity is ranked top 50 for their ‘international outlook’ by the Times Higher Education World University Ranking 2018.
“We are working in university education because we are passionate about changing people’s lives. We want to develop education systems and people so that they can have a positive influence on society.
“That binds us together and this is really why we want to collaborate. This relationship that we are celebrating today is also personally very significant for me because we have chosen an area that is one of premier areas, the best with the best.
“This means we can really develop new areas of research and collaborate and share knowledge in terms of Islamic Finance and in other accounting processes,” Williams added.