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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