A special scheme was developed by Sunway TES in collaboration with the ACCA and Chinese Independent Schools and the scheme is the first of its kind in Malaysia.
This MOU signing ceremony underpins the development of a special scheme for students from Chinese Independent schools with the intention of providing the opportunity for students registered on the programme with a route to obtain the Certified Accounting Technician (CAT) qualification and progress onto the ACCA qualification.
The Chinese Independent High Schools are: Kluang Chong Hwa High School, Chong Hwa Independent High School - Jalan Ipoh, Chung Hua High School – Seremban, Kwang Hwa Private High School – Klang and Pay Fong High School – Malacca and Kuen Cheng – Kuala Lumpur.
The ACCA-CAT Special Scheme is managed by Sunway TES and it is based on the collaborative MOU signed between Sunway TES and ACCA, which is essentially a professional accountancy programme for the benefit of students in the Chinese Independent High Schools in Malaysia.
Under this Special Scheme, students from Chinese Independent High Schools would be given the opportunity to register in the Certified Accounting Technician (CAT) Programme while still in high school. The Special Scheme would provide a shorter pathway for students to obtain the CAT qualification after completing the SM 3 and progress to the ACCA qualification. Participation in this special scheme also offers a saving in time and education costs.
Students are eligible for incentives provided by Sunway TES and ACCA UK in the form of waiver of payment of Sunway registration fee, ACCA registration fee and annual subscription fees and other incentives such as special reduced tuition fee and scholarships as well.
Witnessed by Dr. Hou Kok Chung, Deputy Minister of Higher Education Malaysia, the MOU was signed by Mr Lee Weng Keng, Member of the Board of Directors of Sunway-TES Sdn Bhd, the financial courses training arm of Sunway University College and Mr Tay Kay Luan, Director of ASEAN & Australasia, on behalf of ACCA. Also present to witness the signing was Tan Sri Dato’ (Dr) Ramon Navaratnam, Pro-Chancellor of Sunway University College.
Mr Lee Weng Keng shared, “Partnerships are a key to the future. None of us can do it alone. This agreement is about drawing on the complementary strengths of our two institutions to offer new pathways to education and the creation of new knowledge working especially with the Chinese Independent schools”.
“As proof of the Ministry’s support in advancing the professional accounting industry in our country, students who score a 1A or 2A in Prinsip Perakaunan (Principles of Accounting) subject at SPM level will be exempted from Paper T1 of the CAT programme,” said Dr. Hou Kok Chung.
Following the signing ceremony, fourteen (14) outstanding students were presented with the coveted world prize awards for ACCA and CAT examinations. Three (3) of the students received World Prize awards for best outstanding scores globally and eleven (11) students received the Malaysian Prize award for best scores within Malaysia.
“We very much value the long and productive relationship we have enjoyed with Sunway over the years. Their understanding of, and commitment to ACCA, is second to none, as affirmed by the college holding ACCA Platinum Approved Learning Partner status” shared, Ms. Helen Brand,
Managing Director – Strategy and Development, ACCA .
“This excellence is further evidenced by Sunway producing students who achieved top marks world-wide in both the ACCA and CAT examinations last December. And I am delighted to be here this morning to see these students presented with awards to commemorate this outstanding achievement”, she added further.
This special scheme developed by Sunway TES further complements the efforts of the Ministry of Higher Education in promoting the study of accounting subjects in secondary schools and to relate the syllabi of accounting subjects in schools to professional accountancy programmes such as the CAT.
Sunway TES will also facilitate the training of students through placement in international professional accounting firms and thereafter the employment of graduates within these firms. Many of Sunway TES ACCA students are offered employment even before they graduate and are preferred employees of top accountancy firms.
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