A major step forward in bridging academia and industry has been achieved with the signing of a Memorandum of Understanding (MoU) between SEGi University and J.U.B.M. SDN. BHD., a renowned quantity surveying and construction cost consultancy firm. The collaboration is set to enhance educational experiences by providing real-world exposure, equipping students with the skills required to excel in the competitive built environment sector.
Industry collaboration plays a crucial role in shaping employable graduates, with studies showing that graduates with industry experience are 50% more likely to secure employment within six months (World Economic Forum, 2024). This partnership will facilitate knowledge-sharing sessions, internship opportunities, and guest lectures, ensuring that students gain practical insights alongside academic learning. With the global construction industry expected to reach USD 15.5 trillion by 2030 (Oxford Economics, 2023), initiatives like this are essential in preparing future professionals to meet market demands.
During the signing ceremony held on 25 February 2025, SEGi University’s Vice Chancellor, Professor ChM. Dr. Sharon Teh Geok Bee, expressed confidence in the collaboration, highlighting its role in enhancing the academic quality and career readiness of students. JUBM’s Director, Sr Lim Jit Fung, Jeffrey, reaffirmed the company’s commitment to nurturing the next generation of quantity surveyors and construction professionals by sharing industry expertise and mentorship.
Bridging the skills gap in the construction industry is a global priority, particularly as the demand for skilled quantity surveyors rises by 30% annually (Royal Institution of Chartered Surveyors, 2024). Providing students with early industry exposure ensures they are equipped with the competencies needed to thrive in professional environments. Through structured internships and hands-on learning, this collaboration aligns with international best practices in professional education.
Following the signing, an exchange of souvenirs and a networking session facilitated deeper discussions on future collaborative projects between SEGi and JUBM. Strengthening academic-industry partnerships is key to fostering innovation, preparing graduates for dynamic careers, and ensuring that academic programmes remain relevant to evolving industry standards.
SEGi University remains committed to elevating student success by continuously expanding its industry collaborations, reinforcing its position as a leader in higher education. This partnership with JUBM reflects the university’s unwavering focus on integrating real-world learning experiences that align with global industry trends.
This event is organised in support of the following United Nations Sustainable Development Goals (SDG):
SDG 4 – Quality Education
SDG 8 – Decent Work and Economic Growth
SDG 9 – Industry, Innovation, and Infrastructure
