James Wang (王金來), chairman and chief executive of Ernst & Young Taiwan, announced yesterday that the company would offer US$2 million to support National Taiwan University (NTU) students pursuing Certified Public Accountant (CPA) licensing in the US.
Speaking to students at the English-language Global MBA Forum, Wang said the company would increase funding from US$1 million in order to develop internationalized talent and enhance Taiwan’s ability to advance in a globalized world.
“When we talk about entrepreneurship, really it’s a matter for the next generation, the next decade, but behind that goal is the talent,” Wang said.
Along with succession planning and overcoming excessively conservative thinking, globalized talent is a crucial ingredient if Taiwanese companies are to claim their place on the international stage, he said.
Wang created the US$1 million scholarship in cooperation with the previous dean of the NTU College of Management to support 30 students pursuing a master’s degrees in accounting and to obtain CPA licenses in the US, said Li Shu-hsing (李書行), the current dean of the college.
Li said the college would try to recruit 60 students over three years — 10 accounting majors and 10 non-accounting majors each year — as Wang has doubled the size of the fund.