Cambodia Investment Review

Careers Preparedness Program aims to equip students with in-depth knowledge of key skill sectors in Cambodia

Careers Preparedness Program aims to equip students with in-depth knowledge of key skill sectors in Cambodia

Tom Starkey

The Careers Preparedness Program –a collaboration between Grow4Growth Consultant Co and Phnom Penh International University (PPIU) – launched its first career talk designed to help the next generation learn more about opportunities across different key sectors in the Kingdom.

The first in a series of five events featured experts in the field of finance including Luang Kim, CEO & Founder of CommoT, Heart Dino, Associate Director Pricing at Manulife Cambodia and Kong Phav, Head of the Finance Department at Ly Hour Insurance.

Opening remarks were delivered by Thlok Konn, Director of the Academic Department at PPIU, and Kim Tan, CEO at Growth4Growth consultants.

Understanding finance is key to student’s future ambitions

Kim said, “Today is about not only about doing business but also doing good for the community. This aligns with our company’s passion and focus, to help boost human capital development in Cambodia.”

In her address to the students, Kim said “In your generation, you are exposed to so many different things and ideas at your fingertips, so you can find information on career choices digitally. This program is about creating the opportunity to learn more in-depth about various roles in different sectors, starting with finance.”

“Learning about finance will help you master the skills that prepare you for real-world job responsibilities. Unlike more general degrees, finance teaches you in-demand skills in areas including data analytics, risk management, capital allocation, and investment strategy,” Kim explained.

She said that according to studies, the finance sector accounts for around 43% of professionals in Cambodia, with more than 42% of students majoring in business, which includes accounting, banking, finance management.”

“There is a clear and growing need for professionals in the finance role, not only in the financial industry but among many other industries. The company (Grow4Growth) focuses on upskilling and reskilling employees in organizations, and in light of the changing labor market and society, events like this are part of the effort for development initiatives that are conducive to growth for our young generation. “Kim said.

Cambodia Investment Review Business Reporter Tom Starkey attended the workshop.

To read more about Grow4Growth’s work with Prince Holding Group click here.

Speaking on the program as a whole, Kim shared The Career Preparedness Program will bring about different professionals from multiple employers, education and training organizations together to provide information to students with real life experiences and advice on planning their careers.

Future events, which will take place throughout September, will cover Human Resources, Audit & Risk Compliance, Information Technology as well as Sales and Marketing.

“These events will give students an understanding of key business functions, as well as the skills and responsibilities of those functions, to help them feel prepared and confident to enter the workforce after graduation,” Kim added.

Specializing in certain areas

One of the experts speaking at the event, Heart Dino, talked about how specializing in certain areas of finance can offer great job opportunities for students.

“When I was young, I was always good at math. My mum told me I should be an accountant. But I didn’t want to be, I wanted to be something special, so I chose to be an actuary, even though I wasn’t sure what it was,” Heart said.

She said for finance students should focus their studies on mathematics, statistics, and finance courses, but also increasingly on IT, programming courses, and communication skills.

“If you want to become a doctor or a lawyer, you have to specialize. It is the same for an actuary. It’s difficult to get into but all the effort is worth it. Less than 100,000 people in the world are fully qualified actuaries, so there is real job security,” she said.

CEO of CommoT, Luang Kim, said that being knowledgeable in finance not only offers employment opportunities, but also to make better financial choices in general.

“If we have savings or disposable cash, we should try to diversify the way we use that capital. You can save in traditional ways, or you could use some capital to invest in different sectors. To understand how to do this, you need to get knowledge in finance.”

He said that when you put money into an investment, you need to understand where your money goes and how it is used.

“My company acts as a middleman, giving you access to the global financial market. Through us, you invest in global stocks, such as in companies like Tesla. Understanding finance allows you to capitalize on investment opportunities and make good investment decisions to reach financial freedom,” he said.

To finish, he said that evolving in the finance sector can be challenging but also very rewarding.

Related Articles