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Employers value our students and want to employ them.

Teo Ee Sing FCCA Founder and Executive Director, Sunway - TES

A promising career at a Big Four firm is often top priority for a modern accountancy professional.

But Teo Ee Sing’s eye was on a bigger picture – helping to mould the next generation of high fliers.

His extensive industry knowledge and links with the top accountancy businesses have helped to create one of the world’s leading ACCA approved learning providers.

Sunway TES Centre for Accountancy Excellence – the TES part of the name reflects his initials - has held ACCA Platinum Approved status for 14 years in a row.

As well as playing a key role in the growth of the profession in Malaysia, Teo has helped mentor thousands of students to professional success.

'We arm them with research and presentation skills, critical thinking skills, and ensure they are proficient in the most relevant IT packages,' he explains. 'Because we’re focusing on creating rounded, professionally capable people, employers value our students and want to employ them.'

'It’s been fantastic to help ACCA students benefit from this for 23 years – and  counting!'

He worked with UHY Hacker Young in London, and then as a senior associate at Pricewaterhouse in Malaysia, before moving into education in 1993. First he helped Emile Woolf launch its Malaysia and Singapore campuses, a year later he established Sunway College’s financial courses division. Today Sunway-TES is now one of the world’s top ACCA tuition providers.

Close links with big name employers including PwC, KPMG, EY, Deloitte and BDO, and access to the latest teaching models, mean students emerge equipped with the skills employers really need.

For Teo, there’s been no looking back. He adds: 'It's been fantastic to help ACCA students benefit from this for 23 years – and counting!'

  • What this means in practice: 

    We develop members and students by investing in support that enables them to achieve their professional goals.

  • Strategic measure: 

    100% of our three student progression targets of: 

    • 13,000 new members; 
    • 70% of ACCA affiliates achieving membership in four years; 
    • 38% of students passing exams in the past year.
  • Why we use this measure: 

    It gives a rounded picture of the main factors that affect progress to membership. Because examination entries are a critical measure of progression and an important income indicator, we will be replacing new member numbers with this element measure for 2017-18.

Five year performance

 

Actuals

Targets

Student progression factors

2012/13

2013/14

2014/15

2015/16

2016/17

2016/17

2017/18

New members

10,361

10,337

11,530

13,604

14,257

13,000

Element being replaced by exams entered in the year -  target 775,800 entries

% of affiliates achieving membership in four years

70.3%

68.8%

68.5%

68.8%

66.1%

70%

67.1%

% of students passing exams in the last year

41.1%

38.4%

36.5%

35.3%

36.2%

38%

36.2%

Target not achieved
  • Key factors driving performance:

    This measure continues to challenge us, with the exception of the number of new members created. While this latter element was comfortably exceeded again this year, we failed to meet our other two element targets. We aimed to have 38% of our students passing an exam in the year and achieved 36.2%. While this was an improvement on last year, it is arguably the most disappointing of the two elements not achieved as we expected a greater uplift in progression at all levels following the introduction of four exam sessions. Within this, we have more dormant students than expected (42.6% not sitting an exam in the year, compared to 42.1% last year). But the proportion of students who attempted and failed an exam has fallen (22.1% failure rate this year, compared to 22.6% last year) – so students engaged in progressing are faring better. In addition to the removal of dormant students this year, the intended focus on sustainable recruitment will help mitigate this issue in the future. It also makes the emphasis we’re placing on integrated learning support and guidance all the more important. 

    The proportion of affiliates achieving membership in four years also fell short of our target of 70%, declining from the 68.8% performance last year. As we’d seen this percentage holding steady for the past three years, we could’ve reasonably expected the improvement we targeted. China, the Caribbean and Pakistan are notable amongst our larger markets that have seen reductions. This is related to different conditions and cohorts in these markets and we are building plans to address these.