RMIT Vietnam NewsScholarship paves way for accounting career

Scholarship paves way for accounting career

Wednesday, June 17, 2015 - 13:13
Bui Diu Huong, one of twelve winners of the CMA Scholarship.

Bui Diu Huong is one of twelve RMIT Vietnam students to receive the Certified Management Accountant (CMA) Scholarship from worldwide association the Institute of Management Accountants (IMA).

Worth more than $1,200 USD, the grant will help Huong continue her journey to become a management accountant.

Huong’s initial inspiration to pursue the scholarship came while she was studying for a Bachelor of Commerce.

“I read about start-ups and family businesses in Vietnam,” Huong explained.

“It seemed many fail because of bad management skills and few resources.

“I felt that some Vietnamese people have the idea to develop themselves but they keep to traditional ideas, which may cause their businesses to fail or not grow.”

Huong decided she wanted to be part of fostering innovation in Vietnamese business culture.

To do so, she is pursuing a career in management consultancy.

Huong noted that, as a management consultant, she could gain a broader view of the world and would be able to help many different businesses grow.

“I’m the kind of person who likes to deal with a variety of people and challenges,” Huong said.

She’s also into numbers.

“I love numbers. I love the logic behind those numbers. I love when we see the numbers and have a view of the business,” Huong said.

“When we look at numbers, they tell us the performance of the business.

“They tell us if this the best way for the company to work and if there are any ways that you can improve.”

Because of her love of people, business and numbers, it’s no wonder that Huong plans to focus on management accountancy, a specialisation within the management consultancy field.

The CMA Scholarship from the Institute of Management Accountants will go a long way towards helping Huong achieve her goals.

RMIT Vietnam’s Accounting Lecturer Lilibeth Jandug said Huong and all other winners were nominated for the award by the University because they were in the top 5% of their management accounting courses.

Ms Jandug said most consultants spend thousands of dollars to study for and take the CMA exam.

“This scholarship from the IMA will allow students to do it for free,” she said.

“The CMA is the gold standard of certification in management accounting and is designed for accounting and financial management professionals in business.”

The next round of scholarships for RMIT Vietnam students will be available in Semester 2, 2015.