Malaysia Professional Accountancy Centre

What Malaysia Professional Accountancy Centre does

Malaysia Professional Accountancy Centre (MyPAC) is a non-profit company limited by guarantee, incorporated on 15 January 2015 in Shah Alam, Selangor, Malaysia, on the recommendation of the Malaysian Institute of Accountants (MIA) to the Bumiputera Economic Council. Its purpose is to increase the population of Bumiputera Professional Accountants (BPAs) in Malaysia by removing financial and structural barriers to the ACCA qualification. MyPAC operates six core programmes — MyPAC FIA-ACCA, MyPAC ACCA, MyPAC LM (MyLM), MAIPs Professional Accountancy ACCA Post-Diploma, MyPAC-Yayasan Pendidikan MAIDAM, and Zakat Pulau Pinang — each providing structured scholarship management covering tuition, exam fees, study materials, mentor assignment, performance monitoring, and employer placement.

MyPAC does not develop proprietary technology products; its infrastructure consists of programme management systems for tracking scholar progress, a Mentor-Mentee Assignment platform, partnership coordination workflows, and Google Forms-based application portals. The organisation is governed by a Board of Directors that includes the Managing Partner of EY Malaysia as Chairman and the Executive Chair from PwC Malaysia, with a Syaria'h advisor, and is led by CEO Datuk Zaiton Mohd. Hassan (appointed 16 April 2016) alongside COO Noor Zarina Mohammad Noor and CCO Mohd Zaidi Bakri.

MyPAC's revenue model is sponsorship-driven rather than fee-based: it facilitates scholarship funding from corporate sponsors, GLCs, state Islamic religious councils (MAIPs, MAIDAM, MAIPK, Zakat Pulau Pinang), and Islamic banking partners (Bank Islam, CIMB Islamic, Maybank Islamic, RHB Islamic), and reports scholar performance back to sponsoring entities. Since inception it has produced 1,110+ graduates, 51 ACCA prize winners, and a 70% ACCA passing rate versus a 47% global average. Headcount is in the 11-50 range (firmographics) and revenue is not publicly disclosed.

Name

Malaysia Professional Accountancy Centre

Legal name

Malaysia Professional Accountancy Centre (MyPAC)

Website

https://mypac.org.my

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

MyPAC is a Malaysian non-profit, founded 2015 in Shah Alam, that funds and manages ACCA scholarships for Bumiputera students, partnering with Islamic banks, state Islamic religious councils, GLCs, and Big Four firms to deliver tuition, mentorship, and employer placement.

Ownership category

akta.pro rank

Product category

Professional Accountancy Education

akta.pro primary industry

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD)

akta.pro secondary industry

Accounting & Finance Certification Prep (CPA, CMA, CFA, FRM) (EDANAIAD)

Keywords

• Professional accountancy education
• Accountancy scholarships
• ACCA certification programmes
• Bumiputera talent development
• Professional qualification training

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Scholarship Facilitation and Programme Services: MyPAC receives funding from sponsoring partners including GLCs, government-linked companies, Islamic religious councils (MAIPs, MAIDAM), and corporations to fund Bumiputera students pursuing ACCA professional accounting qualifications. The organization facilitates the entire scholarship lifecycle from selection to graduate placement.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

MyPAC provides scholarship-funded ACCA-linked professional accounting education programmes for Bumiputera students in Malaysia. Its core offerings include the FIA-ACCA, ACCA, and LM/MyLM programmes, plus specialised programmes with MAIPs (Perlis), MAIDAM (Terengganu), and Zakat Pulau Pinang, covering tuition, exam fees, study materials, mentorship, performance monitoring, and career placement with corporate partners. The organisation operates as a non-profit scholarship management entity coordinating sponsorship from GLCs, Islamic banks, and government bodies.

Product overview

Malaysia Professional Accountancy Centre (MyPAC) operates as a unified scholarship and professional development ecosystem offering multiple ACCA-linked accounting programmes. The core portfolio comprises the FIA-ACCA Programme (Foundation route), the standard ACCA Programme, and the MyLM Programme, each providing structured pathways to professional accounting qualifications. Additional specialised programmes include the MAIPs Professional Accountancy ACCA Post-Diploma Programme, the MyPAC-Yayasan Pendidikan MAIDAM Programme, and the Zakat Pulau Pinang Programme. All programmes share common elements: financial sponsorship facilitation, scholar management, mentorship, and examination preparation support, unified under MyPAC's mission to develop Bumiputera professional accountants through globally recognised ACCA certification.

Differentiator

Problem solved

Functional benefit

Products and services

• MyPAC FIA-ACCA Programme A professional accounting certification programme that prepares students for the ACCA qualification through the Foundation in Accountancy (FIA) route, providing structured support, tuition sponsorship, exam fees, study materials, and mentorship for aspiring Bumiputera accountants.
• MyPAC ACCA Programme A professional accounting certification programme enabling candidates to pursue and complete the ACCA qualification with structured guidance, full scholarship coverage, mentorship, and career placement support from MyPAC and sponsoring corporate partners.
• MyPAC LM (MyLM) Programme A professional accounting programme offering structured pathways for candidates to obtain accounting qualifications through ongoing intake and full scholarship support, including mentorship and exam preparation.
• MAIPs Professional Accountancy ACCA Post-Diploma Programme A specialised professional accountancy programme under MAIPs enabling post-diploma candidates to pursue ACCA qualification with full sponsorship, ongoing intake, and structured support for Perlis candidates.
• MyPAC-Yayasan Pendidikan MAIDAM Programme A professional accounting programme partnered with Yayasan Pendidikan MAIDAM providing funding and structured support for Terengganu students pursuing ACCA qualifications.
• Zakat Pulau Pinang Programme A professional accountancy programme partnered with Zakat Pulau Pinang providing funding and structured support for candidates pursuing ACCA qualifications in Penang.

Quantifiable outcome

• 70% ACCA passing rate compared to 47% global average
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, major and minor.

• HRD CorpcoreStrategic or Co-development Partner · 4 August 2025HRD Corp announced initiative on Professional Accounting Certification in collaboration with MyPAC. Launch ceremony held in conjunction with Pusat Sehenti Tenaga Kerja, Ministry of Human Resources Sabah and HRD Corp Sabah Office. Officiated by Minister of Human Resources Steven Sim Chee Keong.
• Universiti Poly-Tech MARA (UPTM)coreStrategic or Co-development Partner · 24 June 2025Formal MoU signed between MyPAC and UPTM to provide world-class recognized professional education for Bumiputera students. The partnership focuses on producing career-ready graduates equipped to succeed in the competitive job market. MoU exchange ceremony held on 10 July 2025 at Simposium Pemikiran Tun Abdullah Ahmad Badawi.
• ACCA (Association of Chartered Certified Accountants)coreStrategic or Co-development PartnerMyPAC operates as an approved learning partner delivering ACCA qualification programmes including FIA-ACCA, ACCA, and LM (MyLM) programmes. ACCA is the primary professional certification body whose qualifications MyPAC scholars pursue.
• MIA (Malaysian Institute of Accountants)coreStrategic or Co-development PartnerMyPAC was formed on recommendation from MIA to the Bumiputera Economic Council. MIA is the regulatory body for professional accountants in Malaysia and provides oversight for the accounting profession.
• Bank Islam Malaysia BerhadcoreChannel Partner/ Reseller/ DistributorBank Islam sponsors MyPAC scholars through FIA-ACCA qualifications. Fourth batch of BIMB-sponsored scholars completing 4-year programme to be absorbed into Bank Islam upon completion. Engagement sessions organized with BIMB HR team.
• CIMB IslamiccoreChannel Partner/ Reseller/ DistributorCIMB Islamic partnered with MyPAC to support aspiring accountants through scholarship programmes. Partnership aims to develop talent for the Islamic banking and finance sector.
• Maybank IslamicmajorChannel Partner/ Reseller/ DistributorMaybank Islamic provides sponsorship for MyPAC scholarship programmes supporting Bumiputera students pursuing professional accounting qualifications.
• MAIPs (Majlis Agama Islam & Adat Istiadat Melayu Perlis)coreChannel Partner/ Reseller/ DistributorMAIPs sponsors the MAIPs Professional Accountancy ACCA Post-Diploma Programme through MyPAC. Intake open all year with closing date 31 December 2025.
• MAIDAM (Majlis Agama Islam & Adat Melayu Terengganu)coreChannel Partner/ Reseller/ DistributorMAIDAM partners with MyPAC through MyPAC-Yayasan Pendidikan MAIDAM programme for Terengganu students pursuing professional accountancy.
• Grant Thornton MalaysiaminorStrategic or Co-development PartnerMyPAC organized exclusive industrial visit for scholars to Grant Thornton Malaysia, a leading professional services firm renowned for excellence in audit, tax and advisory services. Visit included firm overview, services, and professional environment briefings.
• PwC MalaysiaminorStrategic or Co-development PartnerPwC Malaysia is an employer partner where multiple MyPAC graduates have been employed as auditors. Represented on MyPAC Board of Directors through Nurul A'in Abdul Latif as Executive Chair.
• EY MalaysiaminorStrategic or Co-development PartnerEY Malaysia represented on MyPAC Board through Dato' Abdul Rauf Rashid as Managing Partner of EY Malaysia and Chairman of MyPAC Board.
• Bursa MalaysiaminorChannel Partner/ Reseller/ DistributorBursa Malaysia is listed as a MyPAC partner, contributing to the ecosystem of supporters for Bumiputera professional accountant development.
• Sime DarbyminorChannel Partner/ Reseller/ DistributorSime Darby listed as MyPAC partner, with Zulkifli Zainal Abidin from Sime Darby Plantation as speaker at MyPAC Scholar Day.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Yayasan Tenaga Nasional (YTNB): Corporate foundation of Tenaga Nasional Berhad providing educational scholarships and talent development programmes. Comparable to MyPAC as a sector-linked scholarship non-profit operating in the same Malaysian corporate-foundation landscape.
• Yayasan Peneraju Pendidikan Bumiputera: Malaysian Bumiputera-focused non-profit foundation that provides scholarships, professional certifications, and human capital development programmes. Operates with the same mandate of building Bumiputera professional talent pipelines, making it the closest direct peer to MyPAC's mission and beneficiary base.
• HRD Corp (Human Resource Development Corporation): Statutory body under the Ministry of Human Resources that funds upskilling and professional certifications via the HRDF levy, including the 2025 Professional Accounting Certification initiative co-launched with MyPAC. Directly comparable as a national funding channel for professional certification programmes.
• Yayasan Sime Darby: Corporate foundation of Sime Darby that funds scholarships and education programmes for Malaysian students. Comparable to MyPAC as a corporate-sponsored scholarship provider within the same ecosystem of MyPAC's own partners.
• MARA (Majlis Amanah Rakyat): Government agency with statutory mandate to develop Bumiputera socio-economic participation through scholarships, training, and enterprise programmes. Closely aligned with MyPAC's Bumiputera talent-development mission and represents the largest comparable public-sector player in the same beneficiary segment.
• Yayasan Khazanah: Khazanah Nasional's foundation arm that offers scholarships and leadership programmes for high-achieving Malaysian students, including professional qualifications. Comparable to MyPAC as a scholarship-focused non-profit developing Malaysian professional talent, though broader in scope (not Bumiputera-exclusive).
• Kaplan Financial (Kaplan Malaysia): Commercial ACCA-approved learning provider in Malaysia that delivers tuition for ACCA papers. Comparable to MyPAC as a competing ACCA tuition channel, though Kaplan operates on a fee-paying model while MyPAC operates on a sponsorship-funded model.

Broad incumbents

• ACCA (Association of Chartered Certified Accountants): Global professional accountancy body whose qualifications MyPAC scholars pursue. Comparable as the credentialing incumbent whose brand and curriculum underpin MyPAC's product; a direct upstream/downstream relationship rather than a head-to-head competitor.
• BPP Professional Education: Globally established ACCA tuition provider with presence across multiple markets. Comparable to MyPAC as a long-standing ACCA learning specialist, though it serves a broader international and fee-paying student base rather than the Bumiputera sponsored cohort.

Others

• CGC (Credit Guarantee Corporation Malaysia Berhad): Malaysian development financial institution that supports Bumiputera entrepreneurs and is listed as a MyPAC partner. Comparable as a fellow GLC-backed institution involved in Bumiputera economic development, though its primary mandate is credit guarantees rather than scholarships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/mypacmalaysia
• YouTubeyoutube.com/channel/UC6O2u_0ww_ZAk6CFEVRypvg
• Facebookfacebook.com/mypacmalaysia
• LinkedInlinkedin.com/company/malaysia-professional-accountancy-centre
• Instagraminstagram.com/mypacmalaysia
• TikToktiktok.com/@mypac.accountancy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Malaysia Professional Accountancy Centre