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Published by Afterschool.my on Nov 27, 2024, 02:27 pm
On October 26, 2024, four 18 years old students from KYUEM (Shafryq, Muiz, Aqil and Liaw) - under the group name KY FLOPS (Financial Leaders Optimising Profitable Strategies), achieved the incredible feat of being crowned champions of the Young CEO Challenge 2024. With the theme Maximising Value: Investment Strategies for Tomorrow, the competition opened numerous educational opportunities in accounting and economics. It required in-depth analysis of financial statements, stock valuation, and ESG (Environmental, Social, and Governance) compliance within the corporate sector.
As first-year A Level students with no professional background in accounting, stepping up for the Young CEO Challenge was no easy task. Their formidable competition made the experience even more daunting. This required all four students to step out of their comfort zones and explore the ACCA syllabus to tackle the questions presented with maximum accuracy.
In the beginning, on September 22, 2024, the first stage of the Young CEO Challenge required participants to undergo a trading simulation orchestrated by the Professional Accounting Society (PACE). It consisted of five different stages, each influenced by varying circumstances affecting stock valuations. Despite initial doubts about KY FLOPS’ chances of advancing, they achieved an impressive 18.54% Return on Investment, securing their place in the next round.
On the following day, participants faced a case study that required them to dissect, analyse, and resolve financial challenges faced by a fictional oil and gas company, Petron Sholl. Critical thinking and logical reasoning were vital in this round as they formulated innovative solutions to the issues presented. Despite having minimal prior knowledge of such scenarios, the team's eagerness to learn proved fruitful. They achieved an impressive score of 87%, qualifying them among the top eight teams for the final round.
In preparation for the final round, held on October 19, 2024, the finalists were invited to a coffee chat session with experienced real estate investment managers boasting over 20 years of experience. During this session, they were presented with a case study focusing on Real Estate Investment Trusts (REITs). The participants had to analyse real REITs in Malaysia, including Tower, Hektar, Atrium, and Amanahraya REIT. This task was particularly demanding as it required an in-depth understanding of local REIT-related issues.
Against all odds, KY FLOPS delivered an exceptional performance during the pitching session, answering the panel’s questions with precision and confidence. To their delight, they were declared the champions, with Liaw Chong Ye earning the Best Presenter award.
In conclusion, the remarkable success of KY FLOPS at the Young CEO Challenge 2024 demonstrates the power of determination, teamwork, and adaptability. Their journey, from novices to champions, serves as a testament to the value of stepping out of one’s comfort zone and embracing challenges. Their victory not only highlights their immense potential but also inspires other students to pursue opportunities that foster growth and excellence.
The KY’s Got Talent event was organized with the main purpose of showcasing students’ otherwise hidden talents while providing a platform for them to hone their creativity and boost their confidence. The competition was held over two rounds: the preliminary round, where contestants prese..
The International Business Idea Challenge 2025 (IBIC 2025) concluded successfully on 23 January 2025 at the Melaka campus, marking a significant milestone in fostering student innovation and sustainable enterprise solutions. The closing ceremony was graced by Prof. Dr. Wong Eng Kiong, Melaka Campus ..
This prestigious status reflects Taylor College’s ability to consistently deliver results above global pass rates and provide outstanding student support.Five years ago, Taylor’s College set out on an ambitious journey. With a vision to redefine ACCA (Association of Chartered Certified Accountan..
LAST CALL! Want to help shape the future of WOU's Bachelor of Arts in Psychology program AND win exclusive WOU merchandise?We’d love to hear from you! Take just a few minutes to complete a quick survey and stand a chance to win awesome WOU goodies.Here’s how it works:1- Fill out..
The AUSMAT pathway stands out as Malaysia’s preferred Australian-based pre-university option, with countless graduates securing placements at esteemed global universities.If you’re aiming to study at a top university in Australia and want a flexible, supportive pre-university progr..
Since 1969, Taylor’s College has been shaping futures and guiding students to achieve their dreams at some of the world’s top universities.Since 1969, Taylor’s College has been a launchpad for students with big dreams, guiding them to some of the world’s top universities. Kno..
A group of undergraduate students enrolled in the course LSSW6112: Sustainable Society, has taken proactive steps to promote sustainability on campus through an inspiring project titled “Green Guardians: Recycling for a Sustainable Earth.” The project, guided by course advisor Mdm. Kerk Peck Hoo..
The Duke of Edinburgh Award Silver Trial Expedition for Kolej Yayasan UEM juniors was completed successfully at the weekend, but not without some difficulties, mixed fortune, and minor injuries. 25 Silver DofE participants took part. They departed from the college guard house, group by group, with 4..
Berita baik untuk adik-adik yang bakal menduduki SPM 2024! YPC International College, dengan kerjasama Pejabat Pendidikan Daerah Hulu Langat telah mengambil inisiatif untuk menganjurkan siri Seminar Pecutan Akhir SPM 2024 secara percuma bagi membantu anda menghadapi peperiksaan SPM dengan lebih yaki..
Are you preparing for SPM 2024? Here’s an exciting opportunity you won’t want to miss! YPC International College, in collaboration with the Hulu Langat District Education Office, is organising a comprehensive free exam answering technique series to help students ace their upcoming SPM ex..
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