The Chartered Institute of Management Accountants (CIMA) recently signed an agreement with The University of Hong Kong (HKU), The Chinese University of Hong Kong (CUHK) and Hong Kong University of Science and Technology (HKUST Business School) respectively for a new remote, digital self-paced learning program namely The CGMA ® Finance Leadership Program that will be available for the business students and alumni of HKU and CUHK, also for all students studying at HKUST for the Master of Science in Accounting (MSAC) program.
Traditional in-person tuition and examination methods are being challenged by digital acceleration and the COVID-19 pandemic. The CGMA® Finance Leadership Program enables instant on-line access for aspiring business and finance leaders to learn finance skills to the equivalent of a master’s degree. It also provides a new guided learning and assessment route to completing the CIMA© Professional Qualification and earning the CGMA® designation. With the help of real-life case simulations, it teaches a mix of finance, accounting, business, people, leadership and digital skills that are needed to build successful careers.
CGMA® helps to get the relevant skills and mindset to prepare for the current workforce
“We are proud to partner with the HKU, CUHK and HKUST to promote our CGMA® Finance Leadership Program, a complete digital learning platform which will enable business students and alumni to become Chartered Global Management Accountants and CIMA members. With the impact of the COVID-19 pandemic and digitalization, it is crucial for students to have strong skillsets and competencies to remain relevant throughout their careers. I believe the CGMA® Finance Leadership Program is the right tool that students can use to get the relevant skills and mindset to prepare themselves for the current workforce,” said Paulus Chau, Director, Hong Kong and Emerging markets at the Association of International Certified Professional Accountants, the unified voice of AICPA & CIMA.
HKU and CUHK: Empower students to become future business leaders and excel in the new digital era
“New digital technologies, such as Big Data, AI and machine learning, are reshaping the global business landscape. Business education and businesses around the world have been proactively transforming to stay ahead of market changes and to address the challenges posed by the pandemic. Through the partnership with CIMA and different initiatives under the CGMA® Finance Leadership Program, I am confident that our students and alumni will acquire the knowledge and skills that will empower them to become future business leaders and excel in the new digital era,” stated Professor Hongbin Cai, Dean of HKU Business School.
Prof. Lin Zhou, Dean of CUHK Business School, shared “The pandemic and technological disruptions have propelled us to reimagine business education. We are excited to join hands with CIMA to offer a new digital programme for our students and alumni to hone their leadership skills, taking our long-standing partnership with CIMA to the next level. Being the first business school in Hong Kong to offer the CGMA Finance Leadership Awards, we hope to encourage our outstanding students to seize the opportunity to build their capacity to become competent leaders in the finance industry.”
Students of all of its Business Undergraduate programmes, Business Postgraduate programmes and to alumni from these programmes will be benefited
The partnership with HKU and CUHK will enable the University to offer the CGMA® Finance Leadership Program to students of all of its Business Undergraduate programmes, Business Postgraduate programmes and to alumni from these programmes who graduated within two years, while all students studying at HKUST for the Master of Science in Accounting (MSAC) program are also valid. The students who enroll in the CGMA ® Finance Leadership Program will be eligible to start their CIMA journey alongside their studies, obtain exemptions and start their CIMA studies at an appropriate entry-level, building on existing education achievement, credentials and practical experience.
On successfully completing the programme and fulfiling the practical experience requirements, students earn CIMA© membership at either the ACMA or FCMA level in addition to the prestigious CGMA® designation, enhancing their career prospects. CGMA designation holders are in demand from the world’s leading companies and offer a route to a varied and fulfilling career, supporting both national and global economies.
Moreover, CIMA and CUHK have signed a special agreement, which enables CUHK students to sign up to the CGMA® Finance Leadership Program at a preferential rate for the first year. In addition, CIMA will offer CGMA Finance Leadership Awards to CUHK Business School students every year, the winners will receive a one-year subscription to the program, covering study materials, assessments, and exam fees.
This CGMA® Finance Leadership Program will also connect students and the university with the Association of International Certified Professional Accountants (the Association), the global accounting organisation formed by CIMA and The American Institute of CPAs (AICPA), and its global network of 696,000 students, members and engaged professionals.
