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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.
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..
"I have a dream." These iconic words from Martin Luther King Jr. echo the aspirations of many, including Lim Zi Jie, who envisioned working in a hospital — donning the white robes of a dietitian, managing patients’ conditions, and guiding them toward healthier lifestyles.That d..
Andrew Lim, Ketua Portfolio ACCA Maritim Asia Tenggara, menyampaikan Anugerah Platinum ACCA kepada Josephine Tan, Pengarah Kampus Taylor’s College.Taylor’s College telah diiktiraf sebagai ACCA Platinum Approved Learning Partner, yang merupakan pengiktirafan tertinggi oleh Association of ..
Andrew Lim, Portfolio Head, ACCA Maritime Southeast Asia, presenting the ACCA Platinum Award to Taylor’s College, represented by Josephine Tan, Campus Director, Taylor’s College.Taylor’s College has recently reached a significant milestone, achieving the prestigious ACCA Platinum A..
If you’re looking for an education that fits your busy schedule, Open University Malaysia (OUM) is a top choice for working adults and lifelong learners who need flexibility and accessibility without having to compromise quality.With OUM’s innovative online learning approach, students ca..
It’s not just about which school you go to — it’s about what you do with the opportunities given to you. Your effort, attitude, and determination are what truly shape your journey. With the right mindset, any school can become the foundation for incredible growth.But what if the school itself ..
Multimedia University (MMU) as reached another remarkable milestone by being named one of the Top 5 Universities in the Private Higher Education category at the 7th Graduates rsquo; Choice Award (GCA) 2024. The award was presented to Pn. Hayati binti Othman, Senior Director of Human Capital Manageme..
The road to discovering one’s true calling is often winding and littered with uncertainties. For Vicki Lai, the journey of unveiling fulfilment was about rediscovering a childhood fascination, blending her love for creativity and being brave enough to turn it into a meaningful career.As a coun..
The SPM season is here, and while it marks the end of one academic chapter, it also opens the door to planning your future career. The question now is: where will your journey take you? With industries transforming rapidly due to artificial intelligence (AI), sustainability, and advanced technologie..
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