The Certificate in Finance, Accounting and Business (CFAB) was launched by The Institute of Chartered Accountants in England and Wales (ICAEW) in September 2008 in United Kingdom (UK) as a new stand-alone business qualification.  It provides essential knowledge in the fundamentals of finance, accounting and business, and can be used as an entry route into the ICAEW programme.

Following the launch of the CFAB in UK, Sunway TES CAE formulated an innovative pathway for school leavers.  This specially designed pathway is a feeder into the ICAEW and provides school leavers with an accelerated route to the ICAEW ACA qualification.

Through this innovative pathway, students can progress to the ICAEW programme and obtain the prestigious ACA qualification right after high school.  Its unique approach which allows both classroom studies and practical work experience offers a holistic learning experience and equips you with relevant skills to be an adept

Why CFAB At Sunway TES CAE

FAST
Sunway TES CAE offers CFAB as an accelerated route to ICAEW for school leavers.
It takes only 5.5 years to qualify as an ACA after SPM / O-Level instead of 7 - 8 years through the degree pathway. This is provided that students pass all exams in their first attempt and secure a 3 year of ICAEW training agreement.

ADDITIONAL SUBJECTS
Additional subjects such as English 1, English 2, English 3, Business Mathematics, Interpersonal Communication, Thinking Skills and 3 MPU subjects are included in the curriculum.
These subjects will be able to equip students with important soft skills when progress is made to the ICAEW Professional Stage and Advanced Stage.

STRATEGIC ALLIANCE
Strategic alliances with ICAEW Authorised Training Employers (ATEs)
Sunway TES CAE works closely with ICAEW ATEs to provide work-based learning and ICAEW training contracts.

Some examples of ATEs are:

  • BDO
  • KPMG
  • Deloitte
  • PwC
  • EY
  • SJ Grant Thornton
  • Folks DFK
  • UHY
  • Mustapha raj
  • Sunway Group

TRAINING
A 3-month work-based learning programme at an ICAEW authorised training employer (ATE)
Students will be given exposure to real business environments and hands-on opportunity to put theory into practice.

Programme Structure

The CFAB for school leavers comprises 6 CFAB subjects and 6 additional subjects. The 6 CFAB subjects are the same 6 papers in certi cate level of the ACA modules. In addition, a 3-month work-based learning is also incorporated into CFAB programme.

CFAB SUBJECTS
Accounting
Assurance
Management Information
Business and Finance
Principles of Taxation
Law
 
ADDITIONAL SUBJECTS
English 1
English 2
English 3
Business Mathematics
Interpersonal Communication
Thinking Skills
3 MPU Subjects
 
3 MONTHS WORK BASED LEARNING (WBL)
 
CFAB FOR SCHOOL LEAVERS
Intakes
January, March, April and July
Examinations
The examination for CFAB subjects are computer- based and will be held every 3 months
Duration
Minimum 18 months
Entry Requirements
Aged 16 years and above, or 21 years and below, with a minimum of 5 Distinctions in SPM / O-Level, including Mathematics and English; or equivalent
Scholarships
The following scholarships are available for eligible students:
  • ICAEW Global Accountant Scholarship
  • Jeffrey Cheah Entrance Scholarship
  • Tun Dato' Seri Omar Ong Community Scholarship
  • SUN-MAPCU Scholarship Scheme
Please enquire with our Student Services Department for more information on these scholarships.