the key qualities the upskilling journey preparing business addressing the talent ... locations...
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PREPARING BUSINESS READY GRADUATES
ADDRESSING THE TALENT DEMAND
Graduates who are prepared for business.
Graduates with excellent technical skills.
Graduates with good analytical skills.
READY FORBUSINESS
The EmployabilityProgramme
THE UPSKILLING JOURNEY
Malaysia’s EconomicTransformation Programme NEED
NEED
NEED
60,000 qualified accountants by 2020 but there are only 30,000 now.
Malaysia’s aspirations ofbeing the Asia Pacific regional accountancy hub
Professionally qualified financial and business leaders
ASEAN Economic Community (AEC) poised to launch in 2015
Creating a talent pipeline for employers
CIMA-TalentCorp Employability Programme
Professionally qualified financial and business leaders
Technical SkillsFinancial accounting and reporting, cost accounting and management, planning and control, management reporting and analysis, corporate finance and treasury management, risk management and internal control, taxation and accounting information systems.
Business SkillsStrategy, analysis of market and macro-economic environments, process management, business relations, project management and awareness of the regulatory environment.
People SkillsAbility to influence, negotiation skills, decision-making, collaborative working and communication.
Leadership SkillsTeam building, coaching and mentoring, driving performance, change management, and ability to motivate and inspire. All these are underpinned by ethics, integrity and professionalism.
At CIMA’s roundtables on employability held in 2014, employers agree that the CGMA Competency Framework formulated by CIMA and the American Institute of CPAs contains the key skills most desirable in a finance and business leader. The CIMA-TalentCorp Employability Programme equips graduates with these key skills.
YEAR 1Students sign up for the programme
YEAR 2Conduct master classes and
student conferences for students
YEAR 3Assess students’ results to qualify for internship
YEAR 4Internship of 4 – 6 months begins
GRADUATEChoose to hire students with a
CIMA professional qualification
CGMACIMA members and CGMAs provide skills
to help your business succeed
THE KEY QUALITIESEMPLOYERS LOOK FOR:
CONTACTWinnie NgT. +60 (0)3 77 230 338E. [email protected]
CIMA SE Asia Sdn BhdLot 1.05, Level 1, KPMG Tower, 8 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor, Malaysia
JOINT INVESTMENTBY 3 PARTIESThe CIMA qualification is the ultimate choice for employers wanting to train and develop finance staff into strategic business managers. A greater return for employers’ investmentis when your team is able to work efficiently in more complex areas of business.
CIMA : RM4,000TalentCorp & Employers: RM13,000 per person.
Employers are required to pay the initial amount and claim from TalentCorp once the students have passed their exams. The maximum amount of claims is up to RM7,500. In addition, SIP certified organisations are entitled to Double Tax Deduction for all-related expenses incurred on interns limited to a maximum of RM5,000 per student.
THE CIMA DIFFERENCESTARTING ON THEPROGRAMME
TAXINCENTIVE
STRUCTURED INTERNSHIPPROGRAMME (SIP)
PARTICIPATINGCOMPANIES
STRUCTURED INTERNSHIPPROGRAMME (SIP)
QUALIFYING CRITERIA
A company that hires interns to undergo its structured internship programme, endorsed-by TalentCorp, is eligible for double tax deduction for related expenses incurred on the interns.
1. Cover min 10 weeks duration2. Clearly state objectives and learning
outcomes of programme3. Define the monitoring and assessment
mechanisms4. Relevant to student’s field and
emphasize on technical business and personal competencies
5. Offer interns min cash or cash of equivalently monthly allowance of RM500
1. Partnership or Share capital (group) - min RM2.5m2. Revenue - average RM21m for the
past 3 years3. Define the monitoring and assessment
mechanisms4. Headcounts for manufacturing
- min 100 FTEs5. Years of establishment - min 5 years
ESTABLISHED EMPLOYERS WHO HIRE CIMA PROFESSIONALS/CGMAs
ABOUT USCGMAThe Chartered Global Management Accountant (CGMA) is a global management accounting designation that recognises the competencies of management accountants who have the skill and discipline to drive strong business performance. CGMA is created by the joint venture between the Chartered Institute of Management Accountants (CIMA) and the American Institure of Certified Public Accountants (AICPA), two of the world’s most prestigious accounting bodies.
CIMAFounded in 1919, the Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations.
TalentCorpTalentCorp was established on 1 January 2011 under the Prime Minister’s Department to formulate and facilitate initiatives to address the availability of talent in line with the needs of the country’s economic transformation. Collaborating closely with relevant Government agencies and employers in priority economic sectors, TalentCorp develops demand-driven initiatives to enhance graduate employability, promote talent diversity, engage Malaysians abroad and facilitate foreign talent.
CIMA’s InvestmentTalentCorp’s InvestmentEmployer’s Investment
Investment for the Employability Programme