Ministry of Higher Education, Labour and Skill Development has opened 100 scholarship opportunities to study chartered accounting.
The deadline for interested students to apply for the Professional Accountants Training Scholarship Scheme 2024, is set as July 31, 2024 at 1300hrs. The 100 scholarship opportunities are distributed to a public category and an open category. The ministry revealed while 50 opportunities were opened for individuals working in state-owned enterprises, the remaining 50 opportunities are designated for individuals who are unemployed or work in private enterprises. The scope of the scholarship is Association of Chartered Certified Accountants (ACCA) at skills level and professional level, and Chartered Institute of Management Accountants (CIMA) at management level and strategic level.
The ministry has outlined the criteria required for all interested participants. Such individuals must fit into the criteria required to enter ACCA at skills level and professional level, and the criteria to enter CIMA at management level and strategic level. Additionally, if the individual previously took a loan from the ministry, or through the Department of Higher Education, they must be repaying the loan regularly without default. Furthermore, the requested course must be of a higher level than the course the individual has already completed, and the student should not be currently completing a course at the same level as the requested course at state expense.
The ministry revealed that interested individuals can submit applications via the MyEdu portal: https://myedu.egov.mv.