Education is the foundation upon which we build a successful future and most Malaysian parents are committed to providing their children with the best there is to offer. For most parents, funding their children’s education is one of the biggest financial commitments of their lives. Despite the financial challenges, not to mention outside influences—education prices are on the rise while residual income level (or income remaining after expenditure) has dipped since 2014, among others—parents are willing to sacrifice their own needs and future security if need be to send their children for the best education, which often means studying abroad. Besides saving for their children’s education, which parents are inclined to start early, even before the children start school, they are also known to provide for extra tuition, music lessons and sports training to give their children the added advantage they need for successful admission into the best schools and thus, securing them a bright future.
Realising all the struggles that parents go through to educate their children and based on its own strong belief in the importance of education and enabling the next generation to reach their full potential, HSBC has partnered with PrepWorks—an education company focused on guiding and preparing students to successfully apply to the top boarding schools and universities in the UK and US—to help alleviate parents’ concerns about their children’s entrance into the best schools. Besides that, HSBC also hosts education talks and webinars with PrepWorks, to provide valuable and little known insights into the inner workings of university admission and higher education as a whole.
Other than the traditional route of medicine, law, engineering and accounting, more Malaysian parents and students are learning about unconventional degrees, which can lead to successful and fulfilling career pathways, such as philosophy, anthropology, politics, history and liberal arts and are deemed “less competitive” for international students to get into these universities. While medicine is still a popular choice with students here, according to PrepWorks, a lot of Malaysian students have veered towards computer science and data science as their choice of degree in the past two years. With HSBC’s partnership with PrepWorks, their Premier customers can access all these insights and more, and also get a discounted rate of 15 per cent from PrepWorks’ courses and packages that prepare students for university admission.
To find out what it takes to get into these hallowed halls of learning, Tatler Malaysia speaks to Tamara Lim, the founder and one of nearly 100 Oxbridge and Ivy League educated tutors at PrepWorks.