Bank Negara Malaysia Graduate Program open
The Bank Negara Malaysia, BNM, under the Corporate Social Responsibility (CSR) initiative, is continuing its graduate scheme (named the Bank Negara Malaysia Graduate Program), which is now in the process of receiving applications for its second intake. This is a fully sponsored program, where selected candidates will be nurtured into the finance and banking working environment through beneficial attachment arrangement.
The inaugural program was launched in 2009, during which, 500 graduates from all over the country were selected and trained. Out of the 500, more than 80% of them managed to secure permanent employment with various financial institutions. Spurred by the recent success, the bank is hoping to emulate the achievements and is now targeting to get more ambitious graduates.
In this BNM Program, a trainee will be attached to different departments and undertaking different roles and functions through on-the-job training with selected companies. And this is not a free internship, it comes with a pay of RM1,500 per month (called monthly sustenance allowance), a respectable amount for those who only recently completed their studies and planning to embark on a successful career.
In a nutshell, the program aims to prepare the participants with the ins and outs of the finance industry and groom them to become leaders in the industry in many years to come.
For the candidates to be eligible for consideration, he or she must be unemployed during the application. The candidates must be Malaysians, with max age 25 years old, and coming from a family background whose total household income do not exceed RM3,000. Also, to apply, the applicants would require to possess a Degree in any recognized institutions.
[update: As of today, the year’s Bank Negara Malaysia Graduate Program has been closed for application]