CIMA and Monash join hands to educate SA's youth

CIMA and Monash University have partnered in support of youth education and employability.

A new partnership between the Chartered Institute of Management Accountants (CIMA) and Monash South Africa (MSA) will afford South African youths the opportunity to develop the critical finance and business skills needed to boost employability.

The two institutions have entered into an agreement to extend CIMA’s Certificate in Business Accounting (CIMA’s entry-level qualification) to next-generation finance professionals.

Dr Sara Bux, Associate Director, Southern Africa of the Association of International Certified Professional Accountants (The Association), believes the partnership will positively impact South African society. She says:

“The partnership between CIMA and MSA is a significant one in the South African education landscape. It is expected to influence the employability of young South Africans and build capability through the promotion of a highly relevant educational qualification. Through such capability, these young people can become positive contributors to society, either through participation in the formal industry sector or through participation in a new narrative around job creation.” 

With youth unemployment in South Africa currently at 27 percent, this partnership aims to influence the education and employment landscape in a positive way. The CIMA Cert BA qualification will equip young people with the skills and competencies required for a job in accounting or finance, or to start their own business and participate constructively in the economy. The Cert BA qualification is considered a stepping stone for a career in business and finance, helping students develop skills in accounting, management accounting, and core business principles. It is also a formal entry route into the CIMA professional qualification, recognised by employers worldwide.