Marketing director Brandon Liew said the academies will provide training for children and teenagers on basic financial matters as well as entrepreneurship.
The company planned expand its academies into areas like Penang, Johor Baharu, Kuching, Kota Kinabalu, Ipoh and Kuantan, he said.
Currently, it has an academy in Petaling Jaya.
"We at MyMoney Tree are training kids and teenagers on the importance of finance and entrepreneurship. Our classes are conducted in the form of interaction,"
Classes are divided into three levels, namely junior levels for those between nine to 13 years old, apprentice level for 14 to 18 years old and entrepreneur level for those aged 19 and above.
Liew said the students are taken on an educational journey to give them an insight to the spoken and sometimes unspoken rules that govern the world of commerce and industry.
Students are also given exposure about actual account practices in the commercial world, current market conditions and the business and investment landscape, he said.
"Our content evolves around the findings that students learn best when they are engaged visually and through audio, participate in experiential learning and ultimately share their experiences,"
All sessions are highly interactive, drawing students to participate fully, and the classes are conducted once a week, he said.
Hong Kong-based Money Tree Asia Pacific, which owns the rights to the Money Tree Programme worldwide, has a 40 percent stake in MyMoney Tree which has a RM1 million paid-up capital.
