Yes! Tell me more about the ICAEW ACA Programme and pathways available after UEC, SPM or A-Levels.
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To qualify as an ICAEW Chartered Accountant you must complete the ACA, a highly-respected professional qualification that requires students to complete at least three years on-the-job training while passing a series of exams. You can start your training by completing ICAEW's Certificate in Finance, Accounting and Business (ICAEW CFAB), which is made up of the first six modules of the ACA, before going on to complete the rest of the qualification.
The ACA qualification is valued by businesses worldwide, with more than 5,000 employers currently training ACA students.
Completing the ACA qualification enables you to use the title ‘ICAEW Chartered Accountant’, offering a way to stand out from the crowd by providing employers with a specified, certified skillset.
The knowledge and skills provided by the ACA means that ICAEW Chartered Accountants are highly sought after professionals.
They often command higher salaries throughout their careers:
The ACA qualification is made up of four elements which provide students with a combination of finance knowledge, accountancy skills and real-world business experience.
They are:
1
450 days of practical work experience – offering invaluable insights into the realities of a career in chartered accountancy.
2
15 exam modules* – covering a broad range of topics including: financial management, law, assurance and business strategy.
3
Professional development – preparing you to successfully handle different situations that you’ll encounter throughout your career.
4
Ethics and professional scepticism – providing you with the skills to work under close scrutiny and be confident you are making the right decisions..
There are 15 modules over three levels – Certificate, Professional and Advanced. They can be taken in any order with the exception of the Case Study which has to be attempted last.
*Credit for prior learning (CPL), also known as exemptions, are available for some of the Certificate level and Professional level exam modules.
Think you can get exemptions? Ask us if you can apply for credits.
ICAEW Chartered Accountants are recognised worldwide and sit on the Boards of 78% of FTSE 100 companies. You can be one too. Let the facts speak for themselves.
Globally, their average salary plus bonus 0-2 years post qualification is £49.9k
They work for organisations of all shapes and sizes
of the world's 100 global leading brands employ ICAEW Chartered Accountants
The global average salary for ACA qualified accountant in the first two years of their career
UEC, SPM/O-Level, STPM/A-Level students can start full-time studies with the ICAEW Certificate in Finance, Accounting and Business (CFAB) as a foundation.
Upon completion of CFAB, students will proceed to ACA Professional and Advanced level studies. The ACA Professional and Advanced level (except the final Case Study module) are available as full or part-time study.
Sunway TES CAE offers the CFAB programme for school leavers to fast track them towards an ICAEW-ACA qualification. It now takes 5.5 years to qualify as an ACA instead of the normal 7-8 years through the normal degree pathway.
This programme allows students who are doing a degree in any higher education institution to sit for the ICAEW examinations (except for the final Case Study module). ICAEW works with tuition providers who conduct part-time classes for undergraduates.
The CFAB consists of six exam modules and it is your stepping stone towards the world-leading chartered accountancy qualification, the ACA.
It will equip you with the skills that many employers are looking for in any organisation. Thus it enhances your employability while you work towards chartered status.
Furthermore Sunway TES CAE works closely with ICAEW Authorised Training Employers (ATEs) to provide work-based learning and ICAEW training contracts. A 3-month work-based learning programme gives exposure to the real business world.
Scholarships are also available for eligible students.
ICAEW is working with a number of Higher Educational Institutions (HEIs) like the University of Reading (UoRM) and Multimedia University (MMU) to provide unique pathways towards ICAEW qualifications alongside a university degree. Students who choose the strategic collaborations may be eligible for exemptions.
UoRM in collaboration with ICAEW offers the 4-year full-time study programme known as the Henley-ICAEW Programme (HIP). Graduates from this programme will be on track to attaining the ICAEW Chartered Accountant (ICAEW ACA) qualification.
HELP Academy which is affiliated to the University of Derby offers various 3+0 Programmes in Accounting & Finance, Business, Business Management and Marketing. The Academy’s collaboration with ICAEW entitles its graduates to obtain the ICAEW Certificate in Finance, Accounting & Business (CFAB) on passing the ICAEW Accounting Paper while doing their Bachelor degree studies. This gives them professional accreditation even before they graduate.
MMU’s partnership with ICAEW allows students to take certain papers while still studying. Strategic credits towards attaining ICAEW ACA are given to the university’s Bachelor of Accounting (Hons) Programme.
As part of your training, you will undertake classes with an ICAEW-authorised training provider. These can be face-to-face or online, and will give you the benefit of an expert tutor.
Alongside this, your employer will provide you with a mentor to help you through the ACA and you will receive support from your colleagues.
ICAEW will also provide you with a range of tools and resources to help you, including:
More than 200 Authorised Training Providers (ATEs) in Malaysia. Some of the ATEs are:
I developed my interest in accountancy and numbers since young. My mother works in the field and she would always share her experiences, challenges and successes at work with me, and that inspired me to do what she does.
Winning the world prize was never on my mind. All I thought of was doing the best I can. I’ve always believed that when you work hard, you will be luckier.
I've always enjoyed accounting-related subjects since school. I guess choosing the ACA came naturally to me as most of my cousins also chose the accounting and finance pathway. My motivation was to pass all my exams on the first attempt. It seemed quite difficult as I had to juggle all my commitments, but my family and friends were a strong support system in various ways and I attribute my success to them. I encourage anyone who has an interest in accounting to pursue the ACA as it offers a competitive edge in today's industry.
Accounting is the language of business. Numbers convey a lot of meanings, and I think this is why I have an interest in accounting. I want to see how far I can go and I intend to continue to do my best.
I like to balance between study and personal time, and I feel the most efficient and effective way to prepare for anything is to have discipline. The ACA is prestigious qualification and the training you go through really develops you as a person.
| SPM 8A | CFAB Full Scholarship* |
|---|---|
| SPM 9A | CFAB & ICAEW Full Scholarship* |
| STPM 3.45 CGPA / A-Level 2A / UEC (6-10 points) | ICAEW Certificate Level Scholarship* |
| STPM 3.67 CGPA / A-Level 3A / UEC (5 points) | ICAEW Full Scholarship* |
Full scholarship includes tuition, examination & ICAEW registration fees.
* Terms & conditions apply.
Lim Ming Hsiang / Andrew Yew
Tel: +603 2171 6022
Email: [email protected]
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