How Far We Have Come
- 10 Dec 2007290 pax
Batch 1
• Supply-oriented approach - All participants were sponsored by Staff Training Fund (STF) for the 6+6-month structure
• Financial Institutions (FIs) need to reimburse an amount of RM13,200 to STF for each graduate employed by them (50% rebate as approved by IBBM Council) - 1 July 2008206 pax
Batch 2
• 1 month INTEC (Intensive English Course) was introduced as part of the syllabus
• Programme structure: 6+1+5-month - 5 Jan 2009108 pax
Batch 3
• Change of programme structure to 1+5+6-month
• Official launch of FSTEP website on 13 March 2009 - 6 July 200979 pax
Batch 4
• FSTEP introduced the Pre-Selected Scheme
• The formation of 1st Quality Assurance Committee (QAC) comprising 8 members appointed by the late YBhg. Dato’ Mohd Razif Abdul Kadir, the FSTEP Steering Chairman cum Deputy Governor of Bank Negara Malaysia on 3 September 2009
• Mix of participants from those sponsored by FSTEP and FIs - conversion introduced - 22 Feb 201099 pax
Batch 5
• Finalisation and launch of FSTEP Syllabus Enhancement by 1st QAC on 20 July 2010
• MOU signing ceremony between FSTEP and IPTA/IPTS on 2 December 2010
• 96% of participants under pre-selected scheme at the end of the technical training - 25 Feb 2011109 pax
Batch 6
• Demand-driven approach – Fully sponsored participants by Financial Institutions (identified employment)
• 2 week practical attachment was introduced
• Online application form on FSTEP website
• New syllabus was introduced - 20 Sept 2011109 pax
Batch 7
• FSTEP newsletter ‘AMBER’ was published
• Industry visit to Bank Negara Malaysia (BNM) became part of the programme
• 2nd version of English Proficiency Test (EPT) went online - 3 Apr 2012 117 pax
Batch 8
• Blended Learning Programme (BLP) under British Council was introduced
• Industry visits to Bursa Malaysia, ASTRO, RTM and Media Prima
• ‘Mind Mapping’ and ‘Blue Ocean Thinking’ modules were introduced
• MOU signing ceremony between FSTEP, ACCA Malaysia and CFA Malaysia on 3 April 2012 - 23 Oct 2012123 pax
Batch 9
• MOU signing ceremony between FSTEP, CPA Australia, The Malaysian Insurance Institute and The Chartered Insurance on 23 October 2012
• FSTEP went live on BFM radio station - 30 May 2013109 pax
Batch 10
• MOU signing ceremony between FSTEP and Bloomberg on 31 May 2013
• 9 foreign participants joined FSTEP for the first time:
-Pakistan (7)
-Indonesia (1)
-Cambodia (1) - 2 Apr 2014115 pax
Batch 11
• 12 foreign participants:
-Pakistan (1)
-Indonesia (7)
-Vietnam (2)
-Thailand (1)
-India (1)
• 6+6-month structure - 28 Oct 201494 pax
Batch 12
• 3 foreign participants:
-Pakistan (1)
-Kyrgyzstan (1)
-Bangladesh (1)
• 6+6-month structure - 30 Jun 2015145 pax
Batch 13
• 1 foreign participant from Vietnam
• FSTEP rebranded its training programme to 5+7-month structure and the briefing was held on 7 Apr 2015
• FSTEP was awarded 3rd placing under the Education & Training category by GRADUAN Brand Awards 2014 on 20 May 2015
• Special leadership programme for 20 selected participants was proposed and approved by the Council - 15 Aug 201669 pax
Batch 14
• 20 selected participants from Batch 13 went through 12 days of FLAME (Future Leaders And Managers Enrichment) Leadership programme from 18-29 April 2016
• FSTEP relocated from Menara Takaful Malaysia to NU Tower 2, KL Sentral in June 2016
• New structure: 3+9-month
• Introduced industry visit to MAGIC (Malaysia Global Innovation & Creativity Centre)
• ‘FinTech’ and ‘Leadership’ modules were introduced - 2 May 201769 pax
Batch 15
• 2 foreign participants from Myanmar
• 'Ethics in Banking’ and ‘Anti-Money Laundering & Counter Financing of Terrorism’ (AML/CFT) modules were introduced
• E-learning for FinTech module was launched - 14 May 201866 pax
Batch 16
• CSR projects with NGOs were incorporated under FLAME Leadership programme
• Module on Great Work, Great Career based on the book “How to Create Your Ultimate Job and Make an Extraordinary Contribution” by Dr. Stephen Covey was introduced
• Collaborated with Leaderonomics on FinTech & Digital Disruption modules - 8 Apr 201959 pax
Batch 17
• Collaborated with Multimedia University on Cybersecurity and Design Thinking modules
• Python Programming, Artificial Intelligence, Big Data & Analytics modules were also introduced
• Participants were tasked to produce in-house magazines on their 3-month journey at FSTEP - 11 Sept 201984 pax
Batch 18
• FSTEP became part of OCBC Bank & Standard Chartered Bank’s Management Trainee Programme
• The biggest number of participants since the last 4 batches
• Collaborated with Maybank for the Urban Farm training at Maybank Academy, Bangi - 9 Sept 202066 pax
Batch 19
• FWD Takaful Berhad and Credit Guarantee Corporation Malaysia Berhad joined as Participating Financial Institutions.
• Six qualification-based modules were introduced;
1. Certicate in Financial Services (CFS)
2. Certicate in AML/CFT
3. ABS - MMU Certicate in Human Centered Design
4. Certicate in FinTech - The Way Forward for Banking
5. Introduction to Ethics in Banking
6. Introduction to Retail Credit
• Website development project is introduced - 3 May 202145 pax
Batch 20
• The following new modules were introduced:
- Intrapreneurship
- Agile
- Digital Transformation
- Data Analysis
- Environmental, Social & Governance (ESG)
• FLAME Quest, a series of action learning episodes, and LeaderBoard, a gamified leadership practice, were also introduced
• The 1st official FSTEP Alumni event was organised in May 2021 - 4 Oct 202189 pax
Batch 21
• The biggest number of participants, with 89 participants, since Batch 13
• Fully virtual classroom training
• SME Bank joined FSTEP for the first time
• The following new modules were introduced:
- Articulate Rise 360
- Creative Solution Implementation
- The Big Picture
- Personal Blueprint - 4 April 202256 pax
Batch 22
• Fully face-to-face training, post MCO/endemic phase
• The following new modules were introduced:
- Cultural Dimensions
- Defining Moments
- Transformational Leadership
- 3 Oct 202266 pax
Batch 23
• The following new modules were introduced:
- Agile Leader
- Conduct Risk
- Regulatory Compliance
• FSTEP Festival Challenge was implemented as a platform for the participants to be immersed and experience the true workings of Leadership in Action. - 3 April 202369 pax
Batch 24
• The following new modules were introduced:
- Trade Finance
- Understanding Foreign Exchange Policy
- Customer Journey
- Business Strategy and Models
- The Roles of Functions of Bank Negara Malaysia (BNM)
- FinTech (in collaboration with FinTech Association of Malaysia)
• United Nations Sustainable Development Goals (UNSDG) Project Catalyst was introduced. It is unique, on-the-job training programme to practice what was taught in the class (guided by the United Nations Sustainable Development Goals) and to help the community. - 2 Oct 202397 pax
Batch 25
• The following new modules were introduced:
- Embracing Innovation & Handling Rapid Disruption in the Financial Services.
- Intellectual Agility for Financial Industry Practitioners.
- Visit to Malaysian Green Technology and Climate Change Corporation (MGTC).
Do You Want to Know More About Us?
The Financial Sector Talent Enrichment Programme (FSTEP) is an intensive graduate training programme designed to equip talent with the right skills and knowledge for their transition into the financial services industry.
Asian Banking School,
Level 3, Bangunan AICB
10, Jalan Dato Onn,
50480 Kuala Lumpur,
Malaysia.
+603-2701 7822
fstep@asianbankingschool.com
fstep.official
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