Post on 19-Nov-2014
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MALAWI MALAWI COLLEGE OF COLLEGE OF
ACCOUNTANCYACCOUNTANCY
2007-2008 Prospectus
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Reasons to study with MCA
ExperienceProfessionalism
StabilityService
facilitiescare
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The prospectusThis prospectus is designed to provide you the reader with
detailed information of each qualification. It contains information you require to enrol and study with MCA
OUR MISSSION STATEMENT
To contribute to the economic development, transparency,
accountability and good governance in Malawi and the
Southern Africa Region through the training and
development of personnel in accounting, finance and
related fields and to retain market leadership through
excellence in training, education, consultancy and
research at an affordable cost.
CONTENTS
2 Reasons to study with MCA
3 Contents
5 MCA
7 Blantyre campus
9 Lilongwe campus
11-37 Programmes offered
39 Fees 41 Important dates
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Eastern view - Blantyre campus
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MCA Professions depend on qualifications - they provide
instantly recognisable standards of ability, achievement and commitment. -CII
What is MCA ?
MCA is a professional training institution in the field of Accounting and Finance, One among few which has maintained education standards
MCA is a statutory body (Government owned organization) mandated to train personnel in Accounting ,
MCA was established in 1980 by Government order under the education Act 1980. However the first classes were held in 1979. The College now has 24 years experience.
Over the years the College has progressed from a fully Government funded institution to one that is self sustaining.
Currently MCA operates from two campuses. One is in Blantyre and the other in Lilongwe.
Total enrolment on various programmes in both campuses is now at 3000.
MCA enrolls students in January and July – Registration dates reflected on each programme relate to registration with the examining bodies
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Entrance and reception area - Blantyre campus
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Blantyre campus
LocationIn Blantyre MCA is
conveniently located at Ginnery Corner in Chichiri, between the Queen Elizabeth Central Hospital and the University of Malawi, Polytechnic
It is within easy reach of most shopping centers and the Chichiri Stadium for sport
FacilitiesThe College has 14
classrooms, A computer lab and a lecture theater
For accommodation there is a 120 bed hostel and a fully fledged cafeteria
LecturersThe College has a
teaching staff complement of 32 lecturers which rank among the best in the region.
Iponga shopping mall
Chipembere Highway
Health Sciences
Polytechnic
MCA, BT
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Front view - Lilongwe campus
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Lilongwe Campus
A center which is growing very quickly to meet modern training needs of organisations and individuals
LocationLilongwe campus is located
behind capital hill and opposite Area 10 PTC
It is easily reached by public transport
FacilitiesThis is a newly constructed
campus which is still expanding. It now has 8 classrooms, a library and a computer lab
LecturersLilongwe has 16 lecturers
qualified in Accountancy, IT, Quantitative Techniques and Business Communications
CapacityLilongwe campus has a capacity
of up to 800 students and it offers full time as well as part-time programmes but on a non residential basis
AREA 18
Lilongwe Mzuzu
Area
10 PTC
MCA, LL
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Part of the quadrangle - Lilongwe Campus
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Summary of programmes offered
MCA offers a wide range of programmes to suit varying needs, The following shows you the range of programmes offered
Accounting and Finance
• Certificate in Financial Accounting (CFA)
• ACCA Accounting Technician Diploma
• PAEC Accounting Technician Diploma
• Diploma in Financial Management (ACCA)
• The Association of Chartered Certified Accountants (ACCA)
• The Chartered Institute of Management Accountants (CIMA)
Business Administration• Association of Business Executives (ABE)
• Chartered Institute of Insurance
Information Technology• Institute of Management information Systems
(IMIS) higher Diploma
Short courses and Consultancies
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A typical classroom session – Blantyre campus
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Certificate in Financial Accounting
Are you looking for a starting point in the field of Accountancy or have you been working at the book-keepers level without training?
CFA could be a good starting point
Subjects of study1. Business
communication
3. Financial Accounting
5. Practical Mathematics and computing
7. Business Knowledge
Target groupA programme meant for beginners in
the field of accountancy
Entry requirementsThe entry qualification is a Junior
Certificate of education (two years of study at secondary school)
End resultIt gives good bookkeeping skills besides
creating an employee who understands the work environment because of the support subjects. The programme can be used as a starting point in studying towards an accounting qualification
Duration and mode of studyCurrently available on part-time study
and duration is one semester (six months)
Awarding bodyExamined by Public Accountants
Examination Council of Malawi
Registartion datesRegistration for exams is January 31
and August 31
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An environment for studying - Lilongwe campus library
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PAEC Accounting Technician
Awarded by a local exam syndicate to address Malawian needs while embodying international standards
Subjects of studyTC1 - Accounting 1TC2 - Business CommunicationTC3 - Business Mathematics and
StatisticsTC4 - Information SystemsTC5 - EconomicsTC6 - Accounting 2TC7 - AuditingTC8 - Business LawTC9 - Cost and Budgetary
ControlTC10 - TaxTC11 - ManagementTC12 - Company Law,
Reistration for exams
January 31 and August 31 each year
The PAEC Accounting TechnicianThis a diploma level qualification. The examining and awarding body is the Public Accountants Examination Council of Malawi. This qualification enables one to offere valuable support to professional Accountants, although in smaller organizations one can use it to run an Accounts Office
Entry RequirementsThe entry qualifications are either a pass at MSCE (6 “O” levels) which includes English and Mathematics. Alternative entry qualification is the Certificate in Financial Accounting
ProgressionThe PAEC technician is a qualification in its own right besides being used as an entry qualification for most major Accountancy Bodies. ACCA and CIMA grant exemptions from their foundation stages.
Mode of studyMCA offers both fulltime and day release
(part-time) courses on this programme
The papers on the programme can be taken in any order except for Accounting 1, Communication and Accounting2. The latter can only be sat after passing TC1 and TC2.
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In session - a typical class at Lilongwe campus
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The Certified Accounting Technician(CAT)
A vocational accountancy qualification awarded by the ACCA. It provides essential practical accounting and business skills
Subjects on Current scheme Level 1- Paper 1 (INT) – Recording
Financial Transactions- Paper 2 – Information for
Management Control Level 2- Paper 3 (INT) –
Maintaining Financial Records
- Paper 4 – Accounting for Costs
Level 3- Paper 5 – Managing People
and Systems- Paper 6 (INT) – Drafting
Financial Statements- Paper 7–Planning, Control
& Performance Management
- Paper 8 (INT) – Implementing Audit Procedures
- Paper 10 – Managing Finances
CATThis is an Accounting technician (Diploma) level qualification which is examined and awarded by the Association of Chartered Certified Accountants. A CAT qualification enables one to provide support to professional Accountants, although in smaller organizations one can use it to run the Accounts Office
ProgressionCAT is a qualification in its own right. However one can use it as entry into most major Accountancy Bodies like the ACCA, CIMA. ACCA and CIMA grant exemptions from their foundation stages.
Mode of studyMCA offers both fulltime and day release (part-time) courses on this programme
Entry RequirementsThere are no formal entry requirements provided the applicant is aged 16 or above. There must however be documentary evidence of age
Registration for examsDecember 31 and August 15 each year
MCA offers computer based assessment for CAT level 1 and level 2 exams
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A smaller group – tutorial at Lilongwe campus
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The ACCA Professional Qualification
“…The ACCA qualification encourages people to think strategically and look positively at the future..”
- Jan van Schalkwyk, RSA
Syllabus for the Professional qualification
PART 1P1 Accounting FrameworkP2 Legal FrameworkP3 Management InformationP4 Organisational Framework SKILLS MODULE 1F4 Corporate & Business Law (CL)F5 Performance Management (PM)F6 Taxation (TX)SKILLS MODULE 2F7 Financial Reporting (FR)F8 Audit & Assurance (AA)F9 Financial Management (FM)ESSENTIALS MODULEP1 Professional Accountancy (PA)P2 Corporate Reporting (CR)P3 Business Analysis (BA)OPTIONS MODULEAny two from the following:P4 Advance Financial Mngt (AFM)P5 Advance Performance
Management (APM) P7 Advance Audit & Assurance
(AAA)
Enquire from MCA on Oxford Brookes University honors degree which you can obtain while studying for your ACCA Qualification
ACCA (the Association of Chartered Certified Accountants) is the largest and fastest-growing international accounting body, with over 300,000 students and members in 160 countries.
ACCA offers a number of qualifications including the following:
The ACCA professional qualification This enables members to reach the highest level in accountancy
Entry qualificationso At least 18 years of age &o 2 A-levels and 3 GCSE
passes or their equivalentAlternate
o PAEC Accounting Technician or the CAT
o Other recognised degrees and diplomas
o CAT or PAEC technician levelo a Diploma in financial
managemento BSc (Hons) in Applied
AccountingCheck with ACCA for exemptions
Registration for examsDecember 31 and August 15 each year
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Lecture – Lilongwe campus
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The ACCA Diploma in Financial Management
Are you a manager, a consultant, or advisor, who is qualified or experienced in your own field which is different from
Accounting and Finance but you are having to make profound financial decisions, budget or deal with financial personnel-here
is a tool for you
Subjects of study– Interpretation of
Financial statements
– Performance Management
– Financial Strategy
– Risk Management
The diploma– The diploma is a post
graduate qualification meant for non finance managers
– It is awarded by the ACCA and it is internationally recognized
– Holders can receive exemptions at MBA
Entry Qualifications– A non accounting
degree – Proven experience at
management level Duration
– Duration is one year Mode of study
– MCA offers the programme on an evening basis to suit the modern manager
Registration Dates– December 31 and
August 15
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Eastern view - Blantyre campus
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CIMAThis is a prestigious qualification for strategic and financial
and management - MCA will support you to attain this qualification
Current SyllabusCertificate Level
– Financial Accounting Fundamentals
– Management Accounting Fundamentals
– Economics for Business – Business Law– Business Mathematics
Management Level– Financial Accounting & Tax
Principles– Financial Analysis– Management Accounting:
Performance Evaluation– Management Accounting:
Decision Making– Integrated Management– Organisational
Management & Information Systems
Strategic Level– Management Accounting -
Business Strategy– Management Accounting -
Financial Strategy– Management Accounting –
Control & Risk Strategy– Test of Professional
Competence in Management Accounting
CIMA A leading professional
accountancy body which develops professional qualifications and makes the CIMA award
The qualification is applicable in industry, commerce, not-for profit and public sector organisations.
Areas of focus are Business, Information and Finance Strategies.
Entry qualifications. To register you must have the
equivalent of a minimum of two subjects at GCE Advanced level and three GCSE passes, two of which must be in Mathematics and English language.
Entry requirements differ across the globe, and exemptions from certain subjects are available to those applicants with relevant qualifications.
There is also a 'mature student entry' route – check with CIMA
Mode of studyFull time as well as part-time
Registration datesFebruary and August
MCA offers computer based exams for CIMA Certificate level.
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Computer lab – Blantyre campus
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IMIS Diploma “In the 21st Century, competitive advantage will go, not to those
who have and use the latest technology, but to those who use and
manage it most effectively ”- IMISSubjects of studyDiploma Part 1D21 Information Systems
PracticeD22 Business FundamentalsD23 Communications &
Business Technology
Diploma Part 2D24 Programming & Web
ApplicationsD25 business Information
SystemsD26 Information Systems
Building
IMIS Diploma This programme is
targeted at those who are interested in computers but would like to apply the knowledge and skills in the business world. Progression
The programme is used as an entry qualification to the higher diploma
Mode of study and duration
The programme is available on part-time basis and takes a total of two semesters (12 months)
Entry requirements MSCE or an equivalent
of 6 “o” levels
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Computer lab – Lilongwe campus
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IMIS Higher Diploma“Information Technology now plays a vital role in most aspects of our business and personal lives. As a result, IT professionals have levels of
access to data, and influence over the commercial success of our enterprises, undreamed of in the 1960's” - IMIS.
Subjects as offered by MCA
Higher Diploma Part 1H33 Contemporary IS DevelopmentH34 Database DevelopmentH35 Project Management
Higher Diploma Part 2H31 Management Information
SystemsH32 Information Systems StrategyH36 Business IS Project
All subjects are required
Check with MCA for registration dates
The higher diploma The award is by the Institute
of Management Information Systems (IMIS).
IMIS IMIS, now in the business for
over forty years, is among the first and a leading Institute for users and managers as well as technicians of Information Systems.
The main aim of IMIS is to promote the Profession of IS Management through setting and maintaining high standards of qualification and practice
The higher diploma is a key factor to achieving the aim
Entry requirementsIMIS Diploma
Mode of studyCourse available on parttime only
at the moment and duration is 12 months
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Computer training – Blantyre campus
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The Chartered Institute of Insurance
The insurance and finance markets are becoming increasingly competitive and continually expanding: success will depend on
appropriately qualified personnel – improve your qualifications with MCA.
Current SyllabusInsurance Foundation (IF) Certificate
IF1: Insurance, the market, legal and regulatory background
IF2: General (non-life) Certificate of Insurance PracticeCompulsory Foundation Module:P01 - Insurance PracticeP02 - Long-term
Insurance PracticeP03 - Legal aspects of
insuranceP04 - Modern Business
PracticeBranch Module-optional (Check with CII)Associate ship Enquire from MCA
The CIIThe CII is one of the largest and most influential professional and educational organisations in the global insurance and financial services industries today. The qualification it offers is internationally recopgnised.
Entry Qualification The IFC is open to anyone
working in the insurance industry irrespective of age, educational background or experience.
For the Certificate of Insurance Practice (CIP) the entry qualification is Successful completion of the IFC
No formal educational qualification required for those aged 21 and above.
Other routes are also available (check with the CII)
Mode of studyPart-time
Check with MCA for registration dates
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Library - Lilongwe Campus
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ASSOCIATION OF BUSINESS EXECUTIVES (ABE – UK)
– BUSINESS MANAGEMENT“ ..with every subject during…I found that something at work was
relevant…I was able to apply my knowledge directly at work..”
Subjects Certificate (All four subjects)- Introduction to Business- Introduction to Business
Communication- Introduction to Accounting- Introduction to Quantitative
MethodsDiploma Part 1(All four subjects) - Organisational Behaviour- Financial Accounting- Economic Principles & their
Application to Business- Quantitative Methods for Business
& ManagementDiploma Part 2 (Three compulsory
subjects)- Human Resource Management- Marketing Policy, Planning &
Communication- Management in ActionPlus two of the following options- Systems Analysis and Design- Managerial Accounting- Principles of Business LawAdvanced Diploma (Three compulsory
subjects)- Corporate Strategy and Planning- Managing in Organisations- International Business Case StudyPlus two from the following options- Strategic Marketing Management- Strategic HRM for Business
Organisation- Corporate Finance- Managing the Information Resource
The ABEThe Association of Business Executives (ABE) is recognised as an awarding body and regulated by the Qualifications and Curriculum Authority (QCA) of UK. The Business Management programme is accredited by the QCA and approved by the Management Skills Council (MSC) Uk.
Entry QualificationCertificate Level - A school certificateDiploma Level - 2 years work experience
Mode of studyFull time and weekend
Duration2 years 6 months
ProgressionHolders of the Advanced Diploma are able to proceed to university or into employment. ABE has agreements with several universities for direct entry onto the final year of honours degree or with required work experience, onto masters level degrees.
Registration dates January and June each year
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Computer session - Lilongwe
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In use - Lilongwe campus library
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Hostels - Blantyre Campus
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Short Courses and Consultancies…Continuing education and consulting experts in any field
is a success factor…
MAJOR AREAS and EXAMPLES COURSES
– ACCOUNTING and FINANCE• Maintaining financial
records & cashiering• Finance for non-finance
managers• Basic auditing skills for
internal auditors– INFORMATION TECHNOLOGY
• Computerised accounting – sage line 50 accounting
• Advanced secretarial computer skills
• Introduction to computers • Networking computers• Pastel partner v5.2i• Project planning monitoring
and evaluation – MANAGEMENT
• Office administration and supervisory skills
• Modern customer care and public relations
• Effective selling and marketing skills
• International procurement procedures
• Credit control and management
– SPECIALISED CONSULTANCES IN ACOUNTING SYSTEMS, MANAGENEMENT INFORMATION SYSTEMS.
Being an expert in Accounting and Finance MCA offers the most comprehensive short term programmes meant to revitalise staff
Many offer information technology and information management programmes including accounting packages, MCA does so in the correct context of Accounting and Finance
MCA can tailor programmes to an
organisations needs Duration
one to two weeks
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Blantyre Cafeteria and Lilongwe campus
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Fees ……. value for money is what counts……– try MCA
MODE OF ATTENDANCEDAY
EXAMINING BODY & COURSE FULL TIME RELEASE WEEKEND PAEC
Certificate in Financial Accounting 11,000.00 N/A 8,000.00Technician 13,000.00 11,000.00 9,000.00
ACCATechnician 13,000.00 11,000.00 9,000.00Foundation N/A 18,000.00 14,000.00Skills Module 1 30,000.00 26,000.00 20,000.00Skills Module 2 35,000.00 30,000.00 25,000.00Essentials Module 45,000.00 N/A 40,000.00Options Module 45,000.00 N/A 40,000.00Oxford Brookes Degree (Mentoring) 25,000.00 N/A N/ADiploma in Financial Management (Evening) N/A 35,000.00 N/A
CIMACertificate Level N/A 18,000.00 14,000.00Managerial Level N?A 28,000.00 20,000.00Strategic Level 52,000.00 N/A N/A
ABECertificate 11,000.00 N/A 8,000.00Diploma 13,000.00 N/A 10,200.00Advanced Diploma 15,000.00 N/A 13,000.00
IMISDiploma 15,500.00 N/A N/AHigher Diploma 18,500.00 N/A N/A
IIADiploma N/A 50,000.00 N/A___________________________________________________________________________________
BOARDING FEES (ACCOMMODATION ONLY) 65,000.00
LIBRARY FEES 1,500.00
PLEASE NOTE: FEES DO NOT INCLUDE REGISTRATION AND EXAMINATION FEES. THESE SHOULD BE PAID DIRECTLY TO THEEXAMINING BODIES. BOOKS ARE ALSO SOLD SEPARATELY. FEES ARE SUBJECT TO CHANGE WITHOUT NOTICE
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A typical reprographic room
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Important dates
..make an effort towards success..- register on time
MCA receives applications in the following months– November and December
• for the January to June Semester – May – June
• for the July to December semester
Continuing students will be given forms internally
More details can be obtained from MCA or the relevant examining bodies
Contact us:BLANTYRE LILONGWEThe Principal The Deputy Principal IIP. O. Box 30644 P. O. Box 30363Blantyre 3 Lilongwe 3Malawi Malawimcabt@globemw.net mcall@globemw.net
www.mcamw.com
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Classroom and administration blocks - Blantyre campus