Co-creating faculty development courses or activities through student-teacher partnership is a promising recent educational advancement that also introduces new challenges. This study aimed at exploring the perceptions of students and teachers regarding their experiences as co-creators of a faculty development programmes so that valuable lessons can be learned from their experiences, leveraging towards better programme design in the future. The perceived value of contributions and ways to improve student-teacher partnership in future co-creation activities were also explored. Although some negative and demotivating factors were reported, participants mostly perceived their co-creation experience positively. The inclusion of both students and teachers in co-creating faculty development programmes was perceived essential, because it conveys multiple benefits for stakeholders, the created faculty development programmes, and the design process itself. However, purposeful recruitment of participants and their pre-training are crucial to ensure a successful and productive co-creation activity.