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    CIMA Talentcorp Employers Final - Compressed

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    hafis82
    The document summarizes the CIMA-TalentCorp Employability Programme, which aims to equip graduates with the key skills that employers look for. It provides a structured multi-year program where students sign up in Year 1, undergo training and assessments, and then a 4-6 month internship in Year 4. The program is jointly funded by CIMA, TalentCorp and participating employers. Employers benefit from interns who have technical, business, and soft skills, and are eligible for tax incentives for hiring interns through the program. The goal is to address Malaysia's growing demand for professionally qualified financial and business leaders.

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    CIMA Talentcorp Employers Final - Compressed

    Uploaded by

    hafis82
    45 views2 pages
    The document summarizes the CIMA-TalentCorp Employability Programme, which aims to equip graduates with the key skills that employers look for. It provides a structured multi-year program where students sign up in Year 1, undergo training and assessments, and then a 4-6 month internship in Year 4. The program is jointly funded by CIMA, TalentCorp and participating employers. Employers benefit from interns who have technical, business, and soft skills, and are eligible for tax incentives for hiring interns through the program. The goal is to address Malaysia's growing demand for professionally qualified financial and business leaders.

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    CIMA Talentcorp Employers Final.compressed

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    The document summarizes the CIMA-TalentCorp Employability Programme, which aims to equip graduates with the key skills that employers look for. It provides a structured multi-year program where students sign up in Year 1, undergo training and assessments, and then a 4-6 month internship in Year 4. The program is jointly funded by CIMA, TalentCorp and participating employers. Employers benefit from interns who have technical, business, and soft skills, and are eligible for tax incentives for hiring interns through the program. The goal is to address Malaysia's growing demand for professionally qualified financial and business leaders.

    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    45 views2 pages

    CIMA Talentcorp Employers Final - Compressed

    Uploaded by

    hafis82
    The document summarizes the CIMA-TalentCorp Employability Programme, which aims to equip graduates with the key skills that employers look for. It provides a structured multi-year program where students sign up in Year 1, undergo training and assessments, and then a 4-6 month internship in Year 4. The program is jointly funded by CIMA, TalentCorp and participating employers. Employers benefit from interns who have technical, business, and soft skills, and are eligible for tax incentives for hiring interns through the program. The goal is to address Malaysia's growing demand for professionally qualified financial and business leaders.

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    of 2

    READY FOR

    BUSINESS
    The Employability
    Programme

    THE KEY QUALITIES


    EMPLOYERS LOOK FOR:

    THE UPSKILLING JOURNEY


    CGMA
    CIMA members and CGMAs provide skills
    to help your business succeed

    PREPARING BUSINESS
    READY GRADUATES

    At CIMAs 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.

    ADDRESSING THE TALENT


    DEMAND
    Malaysias Economic
    Transformation Programme

    NEED

    60,000 qualified accountants


    by 2020 but there are only
    30,000 now.

    Malaysias aspirations of
    being the Asia Pacific regional
    accountancy hub

    NEED

    Professionally qualified financial


    and business leaders

    ASEAN Economic Community


    (AEC) poised to launch in 2015

    NEED

    Professionally qualified financial


    and business leaders

    Graduates who are prepared for business.


    GRADUATE
    Choose to hire students with a

    CIMA professional qualification

    Graduates with excellent technical skills.

    YEAR 4
    Internship of 4 6 months begins

    YEAR 3
    Assess students results
    to qualify for internship

    Graduates with good analytical skills.

    YEAR 2
    Conduct master classes and
    student conferences for students

    YEAR 1
    Students sign up for the programme

    Technical Skills

    Financial 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.

    Creating a talent pipeline for employers

    Business Skills

    Strategy, analysis of market and macro-economic environments, process management,


    business relations, project management and awareness of the regulatory environment.

    People Skills

    Ability to influence, negotiation skills, decision-making, collaborative working and communication.

    Leadership Skills

    Team building, coaching and mentoring, driving performance, change management, and ability
    to motivate and inspire. All these are underpinned by ethics, integrity and professionalism.

    CIMA-TalentCorp Employability Programme

    JOINT INVESTMENT
    BY 3 PARTIES

    STARTING ON THE
    PROGRAMME

    The CIMA qualification is the ultimate choice for employers wanting to train and develop
    finance staff into strategic business managers. A greater return for employers investment
    is when your team is able to work efficiently in more complex areas of business.

    Investment for the Employability Programme

    TAX
    INCENTIVE

    STRUCTURED INTERNSHIP
    PROGRAMME (SIP)

    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.

    CIMAs Investment
    TalentCorps Investment
    Employers Investment

    CIMA : RM4,000
    TalentCorp & 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 DIFFERENCE

    ESTABLISHED EMPLOYERS
    WHO HIRE CIMA
    PROFESSIONALS/CGMAs

    ABOUT US
    CGMA

    The 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 worlds most
    prestigious accounting bodies.

    CIMA

    Founded in 1919, the Chartered Institute of Management Accountants (CIMA) is the


    worlds 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.

    QUALIFYING CRITERIA
    STRUCTURED INTERNSHIP
    PROGRAMME (SIP)

    PARTICIPATING
    COMPANIES

    1. Cover min 10 weeks duration


    2. Clearly state objectives and learning
    outcomes of programme
    3. Define the monitoring and assessment
    mechanisms
    4. Relevant to students 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 RM2.5m
    2. Revenue - average RM21m for the
    past 3 years
    3. Define the monitoring and assessment
    mechanisms
    4. Headcounts for manufacturing
    - min 100 FTEs
    5. Years of establishment - min 5 years

    TalentCorp

    TalentCorp was established on 1 January 2011 under the Prime Ministers Department to
    formulate and facilitate initiatives to address the availability of talent in line with the needs
    of the countrys 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.

    CONTACT
    Winnie Ng
    T. +60 (0)3 77 230 338
    E. winnie.ng@cimaglobal.com
    CIMA SE Asia Sdn Bhd
    Lot 1.05, Level 1, KPMG Tower, 8 First Avenue,
    Bandar Utama, 47800 Petaling Jaya, Selangor, Malaysia

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