Education Funds

Education Funds


In the capacity of fund secretariat, SIDC administers two education funds to develop and enhance the Bumiputera talent pool in the capital market through a selection of approved programmes. The objective of the Bumiputera Training Fund (BTF) is to enhance the technical competencies of Bumiputera employees in stockbroking firms, whereas the Bumiputera Dealer Representatives Education Fund (BDREF) serves to increase the number of Bumiputera dealer’s representatives with professional qualifications. Applications for education funding are subject to each fund’s terms and conditions and availability. Applications are open throughout the year.

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 Malaysia (SC) through its training arm the Securities Industry Development Corporation. 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.

The BDREF Objectives:

Provide financial assistance to Bumiputera dealer’s representatives to pursue professional courses related to the capital market

Increase the number of Bumiputera dealer’s representatives with professional qualifications in particular in the capital market industry

Encourage personal development and enhancement of professional skills and technical knowledge among Bumiputera dealer’s representatives to strengthen their role in the capital market.

Provide an opportunity to Bumiputera dealer’s representatives for career progression within the capital market industry


The fund is open to all Bumiputera dealer’s representatives in the stockbroking companies, pursuing the following approved courses:

Persatuan Remisier Bumiputera Malaysia (PRIBUMI)
Room 26, Level 5, Tower One
RHB Center, Jalan Tun Razak
54000 Kuala Lumpur
+603 9281 5195 / +6012 220 5242
+603 9281 5087
Contact Person: Encik Luqman Hakim Jatmi

Sunway University
No. 5, Jalan Universiti
Bandar Sunway
47500 Selangor Darul Ehsan
+603 5638 7176 / 7491 8622 ext. 3280
Contact Person: Ms Michelle Choo

Malvern International Academy
(Formerly known as Kasturi College International)
11th Floor Plaza First Nationwide
No 161 Jalan Tun H S Lee
50000 Kuala Lumpur
603-2032 3001, 017-2346100
603-2031 3228
Contact Person: Mr Jason Chang

Persatuan Remisier Bumiputera Malaysia (PRIBUMI)
Room 26, Level 5, Tower One
RHB Center, Jalan Tun Razak
54000 Kuala Lumpur
+603 9281 5195 / +60122205242
+603 9281 5087
Contact Person: Encik Luqman Hakim Jatmi

Lorong University A
51000 Kuala Lumpur
03-7651 4000/7651 4037
03-7651 4094
Contact Person: Asmawi bin Asari /

Malaysian Financial Planning Council
Unit 22.7, Level 22, Menara One Mont’ Kiara
No.1 Jalan Kiara, Mont’ Kiara
50480 Kuala Lumpur
+603 6203 5899
Contact Person: Miss Hazwani

The Bumiputera Training Fund (BTF) or Dana Latihan Bumiputera (DLB) was set up in 1997 with contributions from the Securities Commission, Bursa Malaysia and members of ASCM. Its objective is to encourage active Bumiputera participation in the stockbroking industry and to improve the trading knowledge and skills of all employees in the stockbroking industry.

Funding is available in the identified areas of:

Leadership and Management

Personal Enhancement


Training programmes funded by the BTF are aimed at benefiting all levels of Bumiputera professionals and licensed representatives in the stockbroking industry, inclusive of management, licenced representatives, executives and support staff.

As the Secretariat of the Fund, SIDC manages the training programmes with guidance from the BTF Education Committee, Finance Committee and Board of Trustees.

For 2020, application for training programmes is open to the following areas of focus:

Leadership and Management

  • Leadership Programme

Personal Enhancement

  • Effective Communication Skills
  • Customer Service Excellence
  • Logic Skills (Critical Thinking / Decision Making)
  • Team Dynamics
  • Negotiations Skills

Technical (Regulations and Development)

  • Fintech/ Digital Technology/Intelligent Solutions
  • Cyber Security/ Cyber Forensics
  • Compliance/ Risk Management/ Regulations/ Corporate Governance
  • Capital Market Workshop
  • Capital Market Products and Service Programmes
  • Islamic Capital Market Programmes
  • SC Licensing Examinations Revision Course
  • Familiarisation Programmes
  • Other CPE-Approved Programmes

For more details on the SIDC programme schedules, please refer to the SIDC training calendar.

Applications to attend training programmes organised by providers other than SIDC are also welcomed. Please note that it is the responsibility of the applicants to ensure that their selected programmes are of quality, relevant to their needs, and organised by reputable training providers.

To register for BTF-funded programmes, please download the BTF application form and submit it to the BTF Secretariat. Forms must be received no later than 7 working days before the course date.

SIDC – Delivering Professional Excellence