Monthly Newsletter: Issue 21, March 2018 by International Council of Malaysian Scholars and Associates

Upcoming Events APRIL: ICAEW Malaysia Regional Business Challenge Virtual Career Fair 2018 (VICAF 2.0)

Table of Contents Past Events

Editors

Eric Kho, Kek May Jenn, Loong Che Xing, Sanjay Madhav

Content

Amir Aiman, Eric Kho, Felicia Goon, Husna, Joel Khoo, Jaccy, Kek May Jenn, Kua Wei Zhia, Liew Shiau Wei, Loong Che Xing, Loshene, Low An Qi, Nabilah Hilsya, Ng Jia Ming, Nuradibah Adnan, Nur Shahidah, Ong Zhuhan, Rynn, Sanjay Madhav, Teh Jia Qi, Yu Jun Yi

EY-ICMS: A Speech of Cake.......................................1 Designers Maybank-ICMS: DECODE DISRUPT DEFINE...2 Chan Shu Chen, Joyce Lim ICMSxEPIC Venture Challenge (IVEC)................3 Slack Workshop Hays Sharing Session....................................................4 Alumni Sharing CNY Social Gathering...................................................5 Annual General Meeting.........................................6,7 "Who's The Boss?" Entrepreneur Workshop...7 Maybank Mayday...........................................................8

ICMS Insights

Internal Initiatives ICMS Portal.........................................................................8 Investment Banking Hub ICMS Consulting Hub...................................................9

Associate Features

On 24th and 25th February 2018,

Jaccy: A Trip to Korea..................................................10 ICMS' respective Chapters Rynn: KICC Competition............................................11 welcomed the appointment of the

Articles In The Upcoming Issue..............12 Quote of the Month ..............................................13

8th Council Directors and Associates, where we promise to continue Building Networks, Empowering Leaders and Realising Ideas. To the 7th Council, ICMS will forever be your home.

Past Events EY-ICMS

Nabilah Hilsya, Amir Aiman

A SPEECH OF CAKE 2.0

6th January On the 6th of January 2018, ICMS organised an event in collaboration with our Partner, EY, that aimed to enhance Associates' public speaking skills. Taking place at Menara Millennium, the event was attended by Associates of the 7th and 8th Councils. The emcee, Samuel Woo, warmed the participants up before inviting the 7th Council Deputy National Executive Director, Matthew Wong to lead with his opening speech. A token of appreciation was also presented to EY.

The event welcomed Mr Lee Kok Choong, the Director of Learning and Learning Development Department of EY, to present a workshop on ‘Creating A High Impact Presentation’. Mr Lee believes that a great speaker is able to ‘reset’ their speeches according to the interests of their audience. He structured his presentation into four parts: Structuring Your Presentation, Visual Design Tips, Public Speaking Skills and Tackling Questions. These parts were accompanied by relevant activities that helped the participants to further comprehend the content of the workshop. As for the main activity, the participants were instructed to present their initiatives to reduce poverty in both East and West Malaysia. There were a number of ideas proposed by the presenters but the importance of education became the common theme that was often discussed in most of the pitches. Overall, the event successfully achieved its objective in providing the participants with an opportunity to think critically to give excellent presentations. On behalf of ICMS, we extend our deepest gratitude to the organising committee and EY for the successful collaboration.

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Maybank - ICMS

DECODE. DISRUPT.DEFINE.

Felicia Goon, Nuradibah Adnan, Yu Jun Yi

20th January

On the 20th January 2018, ICMS Malaysia Chapter collaborated with Maybank to organise the Maybank-ICMS: Decode. Disrupt. Define. event. The one-day event took place at Menara Maybank and was attended by 90 participants from both local and foreign universities. Ms. Sophia Ang, Head of Talent Attraction and Workplace Futurisation, was invited for an opening speech to officiate the event. The participants were then grouped according to their Holland Code, a holistic personality test. For the I (investigative) personality group, the talk was hosted by Mr. Khor, Senior Advisor of Maybank’s Risk Management Department. He shared the types of organisation risks and the ways to mitigate risks. Mr. Fad’l Mohamed, deputy CEO of Maybank Investment Bank also delivered his valuable experiences within the investment banking sector for the R (realistic) personality group. Participants were given the opportunity to mingle with the representatives from Maybank during the networking lunch. A case study challenge warmed participants up again, and teams had to compete on a Kahoot quiz to obtain their pitching venue. Prior to the finalists’ presentations, Ms. Fabiola Netto, a Global Maybank Apprentice provided feedback to the teams. She mentioned the necessity to participants to immerse themselves into a situation to get a solid grasp. Two groups, SamBank, representing the banks and MingCoin, representing the fintech side were announced as the finalists. SamBank’s solution ensured minimal process to provide an easy application for users. However, MingCoin proposed to decrease financial illiteracy as it imprisoned the citizens’ financial freedom. As the battle of presentations ended, the competitive case study was won by MingCoin. The winning team was awarded a special invitation to Maybank’s coming par-tee.

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ICMSxEPIC

Shahidah Rahni

VENTURE CHALLENGE (IVEC)

27th-28th January

On January 27th and 28th, ICMS' North American Chapter successfully held its annual flagship event, ICMS Venture Challenge (IVEC), for the second time. In collaboration with EPIC and MASA OSU, this event was held at the Ohio State University, Columbus, where 46 Malaysian students of various academic backgrounds gathered to participate in this business case study competition. With the theme “Entrepreneurship”, participants were required to conduct a case study challenge on whether or not 'EforAll should expand to other regions in North America.' The event started off with a speech by Mr. Mazwan Manan, the Education Attaché from Education Malaysia, Washington D.C. The event preceded with a speaker session workshop by Mr. Hazim Mohamad, the Chief Operating Officer of Aseanite. The next workshop was spearheaded by Mr. Larry Asu, IS Training and Communications from The Hershey Company. Mr. Larry emphasised the necessity to take chances and risks to make dreams a reality. At the end of the first day, we had the honour of H.E. Tan Sri Datuk Seri Utama Dr. Zulhasnan Rafique, the Malaysian Ambassador to the United States officiating our event. The event was attended by representatives from Education Malaysia Washington D.C, Education Malaysia Chicago, MARA Washington D.C and the Embassy of Malaysia. The second day started with the business case study presentation by the successful participants from the previous day's case study challenge. Through IVEC, the participants were empowered by having the opportunity to meet and gain network from talented and bright Malaysian students from all over the United States and Canada.

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Liew Shiau Wei

Slack Workshop

Hays Sharing Session

2nd February The Growth, Skills and Techniques Hub and the Secretarial Division (SD) collaborated to organise a Slack workshop for the Hong Kong Chapter on the 2nd of February. The main objective of this event was to improve the Associates’ understanding of Slack, ICMS' communication platform. The workshop was conducted by Low An Qi and Tan Yen Sing on Zoom. The topics covered were: Slack etiquette, managing information on Slack, as well as a demonstration of YouTube Live via Google's Hangouts on Air function. In addition, Patrick Chong, the 7th Council SD Executive Director, shared information on how to customise preferences on Slack, managing Slackbot, and IFTTT. The workshop was a great success as all Associates learned advanced knowledge about Slack through the interactive sharing and Q&A session.

Kua Wei Zhia

4th February

The Professional Career and Development Hub (PCD) collaborated with the Corporate Relations and Project Development and Initiative (PDI) Divisions to organise a virtual sharing session on CV writing and interview skills on 4th February via Zoom. The invited speaker was Ms. Katie Gan, an internal recruiter of Hays, a leading British company providing recruitment and human resources services across 33 countries. Ms Katie began by sharing the ways to stand out from other applicants using an exceptional CV. She talked about the format of a CV in detail and summarised the features of an excellent CV which is to be consistent, accurate, specific and using appropriate language. In addition, she reminded participants regarding the usefulness of LinkedIn as a professional platform to reach out to recruiters. Ms Katie also introduced the STAR technique which can be used to excel in interviews. The technique covers four aspects, namely situation, task, action and result. Lastly, Ms Katie urged the participants to be courageous in demonstrating their strength to the employers and ended the session with a brief Hays' recruitment talk.

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Alumni Sharing

Joel Khoo

10th February

On 10th February 2018, ICMS' HK Chapter hosted its first Alumni Sharing Event. Providing Associates with their insights were university undergraduates Brendan and Eli, along with Vincent and Melanie from the banking and consulting fields. With the Alumni sharing their experiences and providing internship advice, the event was a great learning opportunity for the participants.

Teh Jia Qi

24th February

CNY Social Gathering

Held after the Malaysian Chapter’s 7th Annual General Meeting at Menara Sunway, 30 ICMS Associates gathered at Rakuzen to celebrate the joys of Chinese New Year, Associates from the 6th to 8th Council shared three tables in the restaurant and were engaged in exciting conversations that brought everyone closer together. The highlight of the night came when the Salmon Yee Sang was served. All attendees roared with laughter and chanted words of blessings as they mixed up the ceremonial food. The Alumni imparted valuable experience and advice to the newly appointed Associates and Directors, and all attendees bid their farewell with a happy hearts and full bellies!

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Amir Aiman, Eric Kho, Shahidah Rahni, Ng Jia Ming, Loong Che Xing

24th February

Annual General Meeting

On the 24th of February 2018, the 7th ICMS Annual General Meeting (AGM) was held at Sunway Leadership Centre, Menara Sunway, for the Malaysian Chapter. The event started with an opening address, followed by the 7th Council Divisional Presentation where the Directors shared their accomplishments of their respective Divisions over the past year. The AGM continued with speeches by the outgoing Chief Executive Director (CED), National Executive Director (NED) and the Deputy NED where they thanked Partners and Sponsors for their support and congratulated the 8th Council on their appointment.

MALAYSIA

Finally, the 7th Council was dissolved and the 8th Council presented their Divisional visions and missions. A representative of our strategic partner, ICAEW, gave a speech addressing his eagerness to continue working together with ICMS. The AGM ended with the handing of tokens of appreciation to the Partners and Sponsors' representatives. There was then a photography session and a networking lunch. Hong Kong Chapter’s Annual General Meeting was held in Wai Hing Building, Mong Kok on 24th February. The event kicked off at 8.45am with a warm welcoming speech from HK Alumni and the 7th Council NED. Thereafter, the 7th Council presented their Divisional term achievements, followed by speeches from the Alumni Network. After the handover address by the DNED of the 7th Council, dissolution and appointment commenced. Joo Yan, the newly appointed NED highlighted the challenges currently faced by ICMS Hong Kong, in addition to missions and visions presented by all Divisions and OPCO of the 8th Council. The day ended with a spicy Thai meal in Aroy Khao Man Gai restaurant.

HONG KONG

On the 24th of February 2018, ICMS North America’s Annual General Meeting was hosted on the virtual platform, Zoom. 25 Associates from all over the United States attended the meeting. The event started with an ice-breaking session among the Associates. Next, the AGM continued with an outgoing address by the 7th Council CED, followed by 7th Council NED. The newly appointed 8th Council Directors were announced and had their respective divisional visions and goals presented. The AGM officially ended with a speech by the newly appointed 8th Council CED.

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NORTH AMERICA

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On the 25th of March 2018, ICMS Associates together with Alumni gathered at University College London to attend the ICMS 7th Annual General Meeting. The AGM started off with an opening address by the Outgoing 7th Council Chief Executive Director followed by year-in-review presentations by the 7th Council. After that, Alumnus from the Alumni Network Committee gave their speech and urged the 8th Council to remember what ICMS stands for. EXCOs, UK NEXCOs and OPCOs of the 8th Council were appointed and Associates were allocated to their respective Divisions. Divisional goals and visions were discussed and presented by the respective Division Directors. The AGM ended with a heartwarming photo session.

SINGAPORE

UNITED KINGDOM

The 7th Annual General Meeting (AGM) was held at The Hive, Nanyang Technological University. With the presence of Alumni and Associates from 7th and 8th Councils, the AGM began at 10:15AM with 7th Council’s year-in-review presentation. Then, speeches by the outgoing and incoming CEDs, Alumni, and promotional videos from ICMS Academy and its subdivisions had us reminiscing about the past ICMS journey, and looking forward to the future. A mini ice-breaking ensued to have the 8th Council Associates self-introduced to the Alumni. After the presentation by 8th Council Directors where each Division set its goals, the AGM ended with a photo session to capture the precious moment.

3rd March

Low An Qi

"Who's The Boss?" Entrepreneur Workshop “Who’s The Boss?" Entrepreneur Workshop was a brand new initiative pioneered by the 8th Council Associates of the Hong Kong Chapter, with the aim of spurring students to exploring the field of entrepreneurship. Dato’ Lawrence, an experienced entrepreneur, reminded all the participants to remain humble and resourceful on the actual business environment before they decide to establish a start-up. The founders of Time Auction, Fion Leung and Suet Yi Wong, recommended participants to cultivate the necessary soft skills. Participants also gained insights regarding business operations through experimental learning from MonsoonSIM simulator game in the workshop.

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19th March

Loshene

Maybank Mayday On 19th March 2018, ICMS collaborated with Maybank in organising Maybank Mayday at Imperial College London. The event was attended by a total of 33 participants. They then took part in a competition which consisted of six stations, each representing a particular department in Maybank, and an ultimate cupcakes baking session. Upon completing their assigned task, each group obtained ingredients of varying quality for the cupcakes baking, depending on their performance in the stations. The final phase of the competition was where one representative from each team was required to bake three cupcakes with the ingredients obtained. Then, the teams pitched their respective cupcakes to the Maybank representatives and the audience. Following the announcement of winner, the event ended with a photo session.

Internal Initiatives Kek May Jenn

ICMS Portal Initiated by the 7th Council Secretarial Division, the ICMS Portal seeks to centralise all ICMS related information, templates, links and guides. The Portal aims to be a third virtual workspace for all Directors and Associates, and a crowd-sourced encyclopaedia within the Council for each Chapter/Division/OPCO. It also stores information on operational matters - to ensure continued support between each other in the Council. Following the useful feedback from the entire Council, our intranet has undergone a meaningful restructuring and redesigning. In an effort to increase Council-wide engagement and utilisation of the Portal, the Portal Guide and Did You Know? Fun Facts have also been introduced. The Love4Portal Movement was also carried out to promote the intranet within the Council. It includes components which aims to market the Portal and extend its outreach. The newly-revamped Portal holds with it a representation of the Council’s mission towards continuous internal betterment.

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Investment Banking Hub

ICMS Consulting Hub

By Seah Eu Hen

Since its inception, the ICMS Consulting Group (ICG) - an initiative spearheaded by Ong Zhuhan, also ICG's founder and Managing Director managed to launch 4 engagements in June 2017 with a variety of clients, including MNCs, startups and social enterprises. The engagements also featured Alumni mentors from McKinsey & Co, Strategy&, EY and many more, who guided the consultants throughout the engagements. The initiative featured the 5th Council Chief Executive Director, Choong Jien Yue, who conducted the induction and the following networking dinner, which was attended by over 20 Associates and 5 Alumni.

In an effort to develop and equip Associates of the Council to take on the challenges of the Investment & Banking sector, the I&B Hub under ICMS Academy led by Husna Nazrei has launched its Investment Research Program over last December. A total of 26 Associates were inducted into the program and they are divided into three groups with a specific focus of Industrials, Consumer Retail, and Services. Designed to provide accelerated learning, the program runs for 2.5 months. The participating Associates will be assigned to groups of 3-4 to analyse a public listed company traded on the Kuala Lumpur Stock Exchange (KLSE) and make a recommendation.

Aspired with the desire to develop ICG further, three new engagements are then introduced: The Case Connect System, Consulting Crash Course and Company Ask Me Anything Series. The Case Connect System connects mentors to aspiring consultants to develop their case interview skills; The Consulting Crash Course is a series of online workshops to expose and teach Associates the skills required for consulting, and The Company Ask Me Anything Series is a virtual workshop series which featured various consulting firms answering questions pertaining to the industry. These newly launched engagements have started since early December 2017 and will continue to run through until the end of 2018.

Mirroring the Investment & Banking industry closely, Associates are given the title of Junior Analyst where they work hand-in-hand with Senior Analysts which features alumni such as Shyue Jer and Zhan Ming who are experienced professionals within the industry.

With the resounding success of the initial engagements of ICG, recruitment for the upcoming engagements in 2018 has 20 newly minted consultants working on 3 different engagements which will run through 6-8 weeks. Of them, the induction for Project Leaders, featuring Lim Jian Hong who is the Managing Director of Oxford Strategy Group and covering stakeholder management, work scopes, slide making (among other topics), was concluded on 22th January. It is hoped that the upcoming engagements drive further success for ICG and a continuous learning experience for the consultants.

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Associate Features 2nd Runner up KICC COMPETITION

RYNN

Coincidence brought me and my team together as we participated in KICC 2018. What started off as an interest in the competition led me to reach out to Amerr, a friend whom I knew from being teammates in ICAEW RBC last year. Because of each others’ tight schedule, we were only able to finalise our team a week before the submission deadline. It was a diverse team with myself from Economics, Shin Kai from Mechanical Engineering, Pei Shan and Amerr from Finance and Accounting. The first submission was rather straightforward, we had to do a case study and film a video proposing our solutions for it. The topic was centred around Crisis Management for a Dubai Theme Park Hotel. The case was challenging but the time constraint posed to be a bigger issue. We had to finish our analysis and come up with solutions in one night, followed by a filming within two days. Finals arrived and we had to rush our presentation too as it fell right in the middle of our exam season. We managed to do a case practice two days before the Finals but we were still nervous and didn't feel prepared. Day of the competition finally came and we were given a case on improving the business performance of a Dubai hotel group. We had two hours to prepare our solution before presenting it. Time was short but we managed to do it and presented our recommendations. In the end what I thought stood us out from other teams was that we had a comprehensive structure and good storyboarding. Our ideas were conveyed with structure in a way that allowed judges to understand our thought process. We were also able to bring a story to the audience, convincing them that this presentation is relevant to them. These are a few things that I think are important for any presentations. You need to to be able to think structurally and tell a good story. One of the key takeaways is time management. Given how rushed things were always done, I definitely feel that we could have done better in terms of how we allocate time to our tasks. We were lucky that it wasn't a huge issue this time but we may not be as lucky next time. The other key takeaway will have to be perseverance. Many times, we could have given up but we didn't. Despite the time constraint and workloads, we pushed through because we really wanted to do it, so I guess the message is we may not succeed even though we tried our best but if we don't try our best we will definitely fail.

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JACCY

A TRIP TO KOREA

After my five-month exchange in Seoul National University (SNU), I would like to share some interesting facts about Korea’s culture and society. Thinking back on my exchange life, it basically revolved around the four golden themes of life, namely Eat, Sleep, Play and Drink. For this article, I will focus on Eat & Drink. Speaking about Korean food, perhaps only a few dishes may come to your mind. Kimchi (fermented cabbage), Tteokbokki (Korean rice cake), Korean BBQ, Korean mixed rice (Bibimbap) . To be frank, there is actually much more variety of Korean food when you try to eat like the locals. Hence I was never bored of Korean food during my entire stay in Korea. As I stayed on campus, I did get bored of the cafeteria food sometimes. More often than not, I would instead opt to order delivery for dinner and supper with my friends. One interesting fact about Korea’s delivery services is that they deliver reusable utensils (bowls, plates) to your place. You may wonder then, how would the customers return the utensils back to the owner? Well, the delivery man will be back to the place a few hours later for utensil collection.

My first attempt on ordering delivery was unforgettable as I did not know what is the Korean name for the common area of my dorm. Thereafter, my friends and I memorised the Korean name of the place and we never again had to ask for help. Sometimes, when we ordered over a certain amount, the owner of the restaurant would generously give us some free food which was often the happiest moment of our dinner. I was so amazed by the owners’ kindness and the convenience of having delivery services even at early midnight. The ‘eating culture’ aside, it is time for the ‘drinking culture’ in Korea. I am confident to conclude that every Koreans’ favourite drink is either coffee or soju/alcohol. After almost every meal, locals will move to a nearby coffee shop for a cup of coffee with most getting Americano. On SNU campus, coffee shops can always be found next to cafeterias. Not to mention, coffee shops are everywhere in Seoul. Also, you will not be surprised seeing students drinking soju on campus. As spring approaches and the weather gets warmer, students will have drinking gatherings on campus. I was shocked when I first saw students drinking on campus and wonder if they would be entering classroom tipsy. Experiencing all the cultural differences in Korea was one of the most wonderful experiences in my life.I believe that everyone should grab the opportunity to go for an exchange programme during your studies.

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Articles In The Upcoming Issue 23rd March ICAEW-ICMS Seconds Impressions Valentine's Day has come and gone, and in case you did not notice, there was a pinkish post featuring a certain winged, mischievous matchmaker circulating on Facebook.

24th March EY-Careers : EY Business Challenge 2018 "The Disruptors" Do you have an interest in business? Are you bursting with great ideas? If your answer is a yes to any of these questions, join the EY Business Challenge where you will be presented with an opportunity to showcase your thinking skills. With the business world disrupted by the 4th Industrial Revolution, show how YOU would disrupt that with YOUR business outcomes. Winners may be offered a potential internship or a permanent placement with EY.

Yes, you've guessed it right! It's Seconds Impressions, proudly brought to you by ICMS and ICAEW. Successful applicants will have the chance to network and pitch themselves to the executives from 10 participating firms including EY, Maybank and PwC. As in the name of the event itself, the best impressions made to the companies will be offered a full interview for one of their coveted graduate programmes. This year, we are also doing things a little bit differently - a short workshop on networking over lunch. On top of potentially landing a job, participants get to learn how to network effectively.

21st, 24th, 26th April ICAEW Malaysia Regional Business Challenge We are looking for business leaders of the future! ICAEW Malaysia Regional Business Challenge 2018 Qualifying Heats is a unique platform for you to unveil your talent. An event open only to penultimate and final year university students as well as A-Level and STPM students, we are looking for 60 teams to participate in this exhilarating challenge, a chance for you to showcase your skills and aptitude. This is also an excellent way to be talent spotted by participating employers and sponsors of the event to gain career or internship opportunities. All you need to do is to form a team of 6 members to compete with the best in Malaysia. Take the challenge and stand a chance to move on to the regional level competition! A total of RM15,000 is up for grabs in the ICAEW Regional Business Challenge, Malaysia Heats. Only the top 2 winning teams will go on to compete at the South-East Asia Business Challenge in Jakarta in May, where you will pit your skills with teams from six countries in the region.

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Quote of the Month The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge. -Stephen Hawking (1942-2018)

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