The FYLA Scholarship Case Challenge is an annual double-round business management and leadership-focused individual case study competition offering 5 Scholarships to high potential matriculates not older than 21 years. The winners will be admitted into The Future CFO -FYLA Graduate Leadership Programme which aims to groom high potential matriculants to be Chartered Accountants either via the ACCA, CIMA or SAICA Pathway. Besides CA Pathway - It invests heavily in honing leadership instincts around 2 Mindset Pillars -the Competitive Mindset Pillar and the Entrepreneurial Leadership Mindset Pillar; and guarantees relevant work experience, job and/or own business ventures upon graduation!
Eligibility Criteria
Every year, the Academy will run a highly-selective admission process, geared towards identifying 90-120 young people with demonstrated numeracy and exceptional leadership potential, aged between 17 to 21 -in South Africa, on the continent, and globally. To be eligible, applicants must primarily, meet the minimum entry requirements of the respective Chartered Accounting programme pathways of the relevant accounting professional bodies (ACCA, CIMA, SAICA). Slightly modified to meet our requirements, this is restated below for your convenience, but subject to change from time to time:
ACCA PATHWAY
National Senior Certificate (NSC) (Degree endorsement) with atleast 50% in English Language and 60% in pure Mathematics (not Mathemtical Literacy) and a pass in atleast 6 subjects; Or 3 Cambridge IGCSE (International General Certificate of Secondary Education) As level passes; Or 2 IGCSE A Level passes; Or equivalent; AND you have formally applied, or been been accepted by the ACCA on its Professional Qualification.
CIMA PATHWAY
National Senior Certificate (NSC) with atleast 50% in Pure Mathematics (60% if in Mathematics Literacy); Or 3 Cambridge IGCSE (International General Certificate of Secondary Education) As level passes; Or equivalent; AND you have formally applied, or been been accepted by CIMA at the entry or certificate level of their professional qualification.
SAICA PATHWAY
National Senior Certificate (NSC) (Degree endorsement) with atleast 50% in English Language and 60% in pure Mathematics (not Mathemtical Literacy); Or a Senior Certificate (SC) with matriculation exemption or qualify for the exemption from the Matriculation Board with at least a D symbol on HG or a C symbol on SG in English Language, and with at least a C symbol on HG in Mathematics; or an appropriate Advanced Certificate in Accounting Sciences; or an appropriate Diploma in Accounting or Accounting Sciences; AND you have formally applied, or been been accepted into the UNISA Bachelor in Accounting Sciences in Financial Accounting (98302).
IMPORTANT NOTE:
IRRESPECTIVE OF THE PATHWAY TO CHARTERED ACCOUNTANT CHOSEN, AT THE TIME OF APPLYING INTO THE FUTURE CFO-FYLA PROGRAMME, STUDENTS ARE NOT REQUIRED TO HAVE MET ALL THE ABOVE; HOWEVER, ALL ADMISSIONS SO GRANTED, WILL REMAIN PROVISIONAL UNTIL ALL THE ABOVE REQUIREMENTS, INCLUDING THOSE SET BY THE CHARTERQUEST PROFESSIONAL EDUCATION INSTITUTE ARE MET! SEE KEY DATES AND TIMELINES TO PLAN YOUR ADMISSIONS.
Offered Benefits
The Future CFO Fulltime Youth Leadership Academy (-FYLA) Programme is a ground-breaking, world-class, and value-added professional finance and entrepreneurial leadership development programme for high potential matriculants -aged 21 and below. It is designed to identify young leaders ready to pursue tertiary studies, groom them to become Chartered Accountants -qualified with ACCA, CIMA or SAICA; and directly connect them to career-relevant opportunities with high potential for global business leadership. Our Future CFOs: FYLANs -as the select few who will gain admission and progress each year will be called -will be groomed over 3-6 years before being unleashed to commence their career journey to the top; with our continued guidance, support and mentorship!
3 DISTINCTIVE OUTCOMES SET THIS PROGRAMME APART FROM TRADITIONAL UNIVERSITY OFFERINGS:
1) A COMPETITIVE MINDSET
In leadership, mindset is everything; The FYLA Programme develops your competitive mind-set, through rigorous international case competions against top universities in Europe, North America and Asia, and/or robust simulations to real-world probem-solving, building your critical-thinking, resilience and emotional intelligence. No other South African University commands the global stature and track record similar to that held by The CharterQuest Institute -as the global brand owners of Africa’s annual show piece -The CFO Case Study Competition, to arrange and send out its students to challenge for titles at global case competitions!
- AN ENTREPRENEURIAL LEADERSHIP MINDSET
It develops your entrepreneurial leadership mind-set -helping you find your real passion, and identify opportunities to effect change in society; we help you translate, monetise and lead that change into a full-blown global business; assigning you real projects to gain vital accounting, management and leadership experience whilst on campus; you are made to think and act like a change agent –an entrepreneurial leader, and a business professional, rather than the strict accounting professional the traditional university programmes train you to become!
- GUARANTEED WORK-EXPERIENCE, JOB AND/OR OWN-BUSINESS VENTURE DURING THE PROGRAMME, OR UPON GRADUATION
The CA (SA) pathway of the programme allows you to still acquire the relevant Bachelor and Honours (CTA) Degree in Accounting -specifically through UNISA, BUT instead of letting you go find your own work experience, we actually negotiate and secure the most suitable and relevant work and leadership development experience (articles) opportunity for you, before preparing you to take your SAICA Board 1 and 2 Exams. As for the ACCA or CIMA pathways, we also secure the relevant work experience, and rest assured -no other University in South Africa has the requisite ACCA Approved or CIMA Advanced Partner Accreditation status to deliver these full-time! Furthermore, our rigour, exceptional standards, and closer working relationship with industry and top CFOs in the country, means we automatically guarantee the right job to fast track your career to future CFO, or start your own business –traditional university programmes simply cannot provide this kind of guarantee!
Application Process
Should you meet the admission requirements apply here by 18 August 2017: http://www.charterquest.co.za/page/fyla_applicant/register