Acca Collaborates With Top Learning Institutions To Offer Rm1 000 000 Bursary For Students To Study Accounting

ACCA and 17 leading learning institutions collaborated in setting up the RM1 million bursary fund to help students in need

ACCA (the Association of Chartered Certified Accountants) launches its Foundation in Accountancy (FIA) with the ACCA “FIA-1-Million” Campaign which is a bursary program that is set up by 17 top learning institutions in the country to provide financial assistance to help 1,000 Malaysian students fulfil their dreams of pursuing a successful career in the accounting and finance sector.

The seventeen (17) ACCA Approved Learning Providers that are part of this campaign will be granting sponsorships to a committed number of students across Malaysia to help school leavers take their first steps towards obtaining a world class accounting qualification – the ACCA Foundation in Accountancy (ACCA FIA).

Nationwide students especially those who have just completed their SPM examinations can contact and visit these Approved Learning Partners directly to enquire and sign up for the bursary which will be available from 22 June 2021 to 31 December 2021:

ACCA Approved Learning Partners – Platinum Partners
Imperium International College INTEC Education College Methodist College Kuala Lumpur Sentral College Penang Sunway College Ipoh Sunway College Johor Bahru Sunway College Kuching Sunway TES UOW Malaysia KDU
ACCA Approved Learning Partners – Gold Partners
Crescendo International College Kompas International College Institut Akauntan KTC Johor Bahru Institut Sinaran Methodist Pilley Institute Pintar College Taylor’s College YES International College
In addition to helping students continue their education journey, especially those affected by the pandemic, ACCA and its partners considers this as the opportune juncture to identify ways to further strengthen the accountancy profession in Malaysia. This effort also enhances the contribution of the accountancy profession in nation building, given the changing economic landscape and the need for Malaysia to remain competitive as a nation.

Edward Ling“The accountancy profession is one of the key areas that is currently under-served in Malaysia. In order to meet our country’s aspiration of developing 60,000 accountants to support our transformation into a developed nation, we need to work together with our partners in the education and government sectors as well as employers to look into new ways of developing and increasing the number of students embarking on the profession which we have identified as necessary for Malaysia’s growth” said Edward Ling, Head of ACCA Maritime South-East Asia.

According to the latest ACCA and IMA Global Economic Conditions Survey (GECS), the global economy is bouncing back in terms of confidence, orders, employment, and spending. The survey of 1,000 senior accountants and finance professional across the world recorded the biggest jump in economic confidence this quarter in the 12 years it has been running. The GECS is consistent with the view that the global economy stands a good chance of reaching its pre-pandemic level of activity later this year.

“In anticipation of potential growth opportunities in the coming months and year ahead, we must focus on developing our youth as highly-skilled talents will be critical as Malaysian companies increasingly look beyond home for bigger markets and regional excellence, whilst multinationals continue to view Malaysia favourably as a steppingstone to Southeast Asia,” Ling emphasized.

The introduction of the newly available ACCA FIA will now replace the Certified Accounting Technician (CAT) Qualification, as the most efficient route and entry point into accountancy for secondary school-leavers, graduates from non-accounting professions and for those seeking new prospects in their career.

“Students embarking on ACCA FIA can also be assured that they will learn from the best, as all our Approved Learning Partners meet rigorous standards of teaching quality, giving our young talents a strong start on their journey to a fulfilling career as a finance professional, with a globally-recognised qualification that is highly valued by employers around the world,” added Ling.

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