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Frequently Asked Questions (FAQs)
FYLA
Admission Requirements
Every year, the Academy will run a highly-selective admission process, geared towards identifying 90-120 young people with demonstrated numeracy and exceptional leadership potential, aged between 17 to 21 -in South Africa, on the continent, and globally. To be eligible, applicants must primarily, meet the minimum entry requirements of the respective Chartered Accounting programme pathways of the relevant accounting professional bodies (ACCA, CIMA, SAICA). Slightly modified to meet our requirements, this is restated below for your convenience, but subject to change from time to time:
ACCA PATHWAY
National Senior Certificate (NSC) (Degree endorsement) with atleast 50% in English Language and 60% in pure Mathematics (not Mathemtical Literacy) and a pass in atleast 6 subjects; Or 3 Cambridge IGCSE (International General Certificate of Secondary Education) As level passes; Or 2 IGCSE A Level passes; Or equivalent; AND you have formally applied, or been been accepted by the ACCA on its Professional Qualification.
CIMA PATHWAY
National Senior Certificate (NSC) with atleast 50% in Pure Mathematics (60% if in Mathematics Literacy); Or 3 Cambridge IGCSE (International General Certificate of Secondary Education) As level passes; Or equivalent; AND you have formally applied, or been been accepted by CIMA at the entry or certificate level of their professional qualification.
SAICA PATHWAY
National Senior Certificate (NSC) (Degree endorsement) with atleast 50% in English Language and 60% in pure Mathematics (not Mathemtical Literacy); Or a Senior Certificate (SC) with matriculation exemption or qualify for the exemption from the Matriculation Board with at least a D symbol on HG or a C symbol on SG in English Language, and with at least a C symbol on HG in Mathematics; or an appropriate Advanced Certificate in Accounting Sciences; or an appropriate Diploma in Accounting or Accounting Sciences; AND you have formally applied, or been been accepted into the UNISA Bachelor in Accounting Sciences in Financial Accounting (98302).
IMPORTANT NOTE:
IRRESPECTIVE OF THE PATHWAY TO CHARTERED ACCOUNTANT CHOSEN, AT THE TIME OF APPLYING INTO THE FUTURE CFO-FYLA PROGRAMME, STUDENTS ARE NOT REQUIRED TO HAVE MET ALL THE ABOVE; HOWEVER, ALL ADMISSIONS SO GRANTED, WILL REMAIN PROVISIONAL UNTIL ALL THE ABOVE REQUIREMENTS, INCLUDING THOSE SET BY THE CHARTERQUEST PROFESSIONAL EDUCATION INSTITUTE ARE MET! SEE KEY DATES AND TIMELINES TO PLAN YOUR ADMISSIONS.
IF YOU ARE AN INTERNATIONAL STUDENT, YOU WILL BE REQUIRED TO MEET FURTHER ADMISSION REQUIREMENTS AND FORMALITIES AS PER OUR INTERNATIONAL STUDENT POLICY.