CERTIFICATE IN CO-OPERATIVE FINANCIAL MANAGEMENT

 RATIONALE

Financial management is one of the most important management practices. Hence, it is vital for cooperative leaders and managers to develop financial management skills and have a holistic view of the financial management process. Being the key people that are responsible for the success as well as the failure of co-operative societies, they must have the competencies in critical areas of cash and credit management, management of investment and long term assets. Co-operative leaders and managers should also be aware of new approaches and strategies in order to manage the finances of co-operatives in a dynamically changing business environment.

1. OBJECTIVE

The objective of this course is to provide pertinent knowledge and information necessary to enhance the financial management competencies of the co-operative board, managers and senior staff in ensuring efficient management of co-operative societies.

2. PARTICIPANTS

• Board Members of co-operatives societies
• Managers / Senior Management Staff of co-operatives societies responsible for finance
• Government officers supervising co-operatives

3. DATE OF COMMENCEMENT:

22 November – 17 December 2010

4. DURATION:

4 Weeks

5. CLOSING DATE:

6 August 2010

6. COURSE CONTENT

7. COUNTRY PAPER

Participants are required to prepare and present a 15 minutes country paper on the co-operative movement of their respective countries. In addition, it is also necessary for the participants to bring a copy of Cooperative Societies Act and rules, regulations and by laws with regard to finance and investment of their own Co-operative.

8. METHODOLOGY

Training methodology employed in this course will be as follows:

• Classroom lectures
• Group discussions
• Case studies
• Video presentations
• Study visits

9. SOCIAL HIGHLIGHTS

All participants are expected to participate actively in the social activities organized for them throughout the whole program. Discretionary, participants are encouraged to bring their national costumes and sports attire when attending the course.

PREREQUISITES

• A minimum of GCE, ‘O’ Level or equivalent.
• Must be able to speak and write good English.
• Will be able to gain most if they have some working experience with co-operative or in supervising co-operatives.
• Computer literacy is a requisite.

FELLOWSHIPS

Successful applicants will be awarded under the Malaysian Technical Co-operation Program. The fellowship will cover air travel, food, lodging, tuition fees and basic medical facilities. However, participants from countries with per capita income more than USD 5,000 are required to pay for their own fare. Those countries are Kuwait, Bahrain, Qatar, United Arab Emirates, Saudi Arabia, Oman, Mexico and Croatia.

APPLICATION PROCEDURE

Application must be in the standard application forms to be obtained from the official representatives, (Embassies / High Commissions etc.) of the Malaysian Government in the respective countries. Every duly filled application must be endorsed by the respective candidate’s government and submitted to the Malaysian Government representative in the country in which the applicant has his / her permanent home. Applications which are not endorsed by the respective governments and / or submitted directly to the CCM will not be entertained. However, a copy of the endorsed applications form can be sent by post or by fax directly to the College for our reference. All applicants will be informed as soon as the selection process is completed. Incomplete or late applications will not be considered.

Each application must contain the following:

i. Official Application Form (Appendix 1) (184 kb)

ii. Passport size photograph (4 copies)

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