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PROGRAMMES - Bumiputra Training - Bumiputera Dealer Representatives Education Fund

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What is the BDREF

The Bumiputera Dealer Representatives Education Fund (BDREF) or Dana Pendidikan Wakil Peniaga Bumiputera (DPWPB) was established for the purpose of enhancing the professional skills and technical knowledge of Bumiputera remisiers and paid dealers’ representatives so as to increase their value to the Malaysian capital market. This fund is managed and administered by the Securities Commission (SC) through its training arm the Securities Industry Development Centre. A board of trustees, supported by an education and finance committee that comprises the SC, Bursa Malaysia, ASCM and PRIBUMI oversees the implementation of the fund.
What are the objectives

The BDREF objectives are to:

  1. provide financial assistance to Bumiputera dealer’s representatives to pursue professional courses related to the capital market;
  2. encourage personal development and enhancement of professional skills and technical knowledge among Bumiputera dealer’s representatives to strengthen their role in the capital market;
  3. increase the number of Bumiputera dealer’s representatives with professional qualifications in particular in the capital market industry; and
  4. provide an opportunity to Bumiputera dealer’s representatives for career progression within the capital market industry.

Courses approved

The fund is opened to all Bumiputera dealer’s representatives in the stockbroking companies, pursuing the courses identified below:

Group A

  1. Certified Financial Planner (CFP)
  2. Diploma of Technical Analysis (MSTA) (pdf - 35KB)
  3. Certified Financial Technician (CFTe)

Group B

  1. Chartered Financial Analyst (CFA)
  2. Graduate Diploma in Applied Finance and Investment – PNB Institute
Group A
1. Certified Financial Planner (CFP)
2. Diploma of Technical Analysis (MSTA) (pdf - 35KB)
3. Certified Financial Technician (CFTe)
Group B
1. Chartered Financial Analyst (CFA)
2. Graduate Diploma in Applied Finance and Investment – PNB Institute
Note: The tenure of the Fund for each participant is three years (for Group A) and five years (for Group B) respectively of studies from the date of his or her first examination.

Financing your studies

Under the fund 70% financing will be extended to you for attending courses and examinations leading to professional qualifications relevant to the Malaysian capital market e.g. Certified Financial Planning and Chartered Financial Analysts. You will bear the remaining 30% of the fees. This should encourage commitment on your part.

If you pass the examinations, the 30% you have paid will be reimbursed to you upon successful completion of the whole course as an incentive and an encouragement to continue and complete the course.

Conversely, if you fail the examinations after three attempts, you will have to reimburse the fund of the finance extended to benefit a wider pool of dealer’s representatives.

Your responsibilities

If your application is accepted, you will have to sign a loan/scholarship agreement and have the following responsibilities:

Your education providers and where they are

The list of approved Education Providers and courses offered are:

Education Providers Types of courses offered

IFPA Resources Sdn Bhd

4th Floor, The Summit ,
Persiaran Kewajipan
USJ1 47600 Subang Jaya
Tel No: 603-8600 1888/1777
Fax No: 603-8023 5311
Contact Person: Ms V Thavamaney
E-mail: thava@segi.edu.my
 Certified Financial Planner (CFP)

Institute of Management Studies

11th Floor, Plaza First Nationwide
161, Jalan Tun H S Lee
50000 Kuala Lumpur
Tel No: 603-2032 3001
Fax No: 603-2031 3228
Contact Person: Mr Leong Yau Wen
E-mail: leong@kasturi.edu.my
 		Certified Financial Planner (CFP)

KDU Management Development Centre Sdn Bhd

Suite 3A-19 & Suite 3A-20,
Tower 3A Plaza Sentral,
Jalan Stesen Sentral
5 Kuala Lumpur Sentral
50470 Kuala Lumpur
Tel No: 603-2273 8286
Fax No: 603-2273 5933
Contact Person: Mr Ng Boon How
E-mail: bhng@kmdc.com.my
 Certified Financial Planner (CFP)

Kolej Kasturi

11.01 Plaza First Nationwide
161 Jalan Tun H S Lee
50000 Kuala Lumpur
Tel No: 603-2032 3001 / 6017-234 6100
Fax No: 603-2031 3228
Contact Person: Ms Shanny Lim
E-mail: shanny@kasturi.edu.my

 Chartered Financial Analyst (CFA)

PNB Investment Institute Sdn Bhd

36th Floor, Menara PNB 201-A,
Jalan Tun Razak
50400 Kuala Lumpur
Tel No: 603-2050 5215
Fax No: 603-2050 5270
Contact Person: En Asraf Abdul Rahman
E-mail: asraf@pnb.com.my		 Graduate Diploma in Applied Finance and Investment (GDAFI)

Persatuan Remisier Bumiputera Malaysia (PRIBUMI)

Room 26, Level 5, Tower One RHB Center,
Jalan Tun Razak
50450 Kuala Lumpur
Tel No: 603-2144 6162
Fax No: 603-2144 5133
Contact Person: Haji Zainal Ariffin bin Osman
Email: zarif@interpac.com.my		 Diploma of Technical Analysis (MSTA) Certified Financial Technician (CFTe)

How to apply

Application to the fund must be made using the prescribed application form, typed or neatly written and supported by a letter of recommendation from your principal.

Download application form (pdf - 58KB)

Duly completed application forms should be submitted to the secretariat with the following documents:

  1. A letter of recommendation from the principal/company
  2. Admission letter from the approved Education Provider
  3. Programme Fee Schedule
  4. Programme Schedule
  5. Photocopies of certificates/degrees/transcripts
  6. Photocopy of I/C

Frequently Asked Questions

For further enquiries, please contact:

The BDREF Secretariat
Securities Industry Development Corporation (SIDC)
No 3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
Tel: 603-6204 8267
Fax: 603-6201 5811
E-mail: yusoff@sidc.com.my

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