Page 116 - 2020 CXC Annual Report

CARIBBEAN EXAMINATIONS COUNCIL ANNUAL REPORT 2020

Public Relations and Stakeholder Relationship Management

Stakeholder Engagement

UCC’s Founder and Group of Companies, Executive Chairman, CAPE® Financial Services Studies gets a Boost from CAB/
Dr Winston Adams, referred to the partnership between UCC CXC® MOU
and CXC® as a critical milestone in the further growth and Students of Caribbean Advanced Proficiency Examination®
development of this Caribbean and Commonwealth higher (CAPE®) Financial Studies Services have been afforded new
education institution. and exciting opportunities due to the recent signing of the
memorandum of Understanding (MOU) between the Caribbean
Dr Carol Granston, Pro-Registrar and Deputy Chief Executive Association of Banks (CAB) and the Caribbean Examinations
Officer of CXC®, noted that the UCC partnership was welcomed Council (CXC®).
as CXC® expands opportunities for candidates to achieve their
goals of post-secondary education through certification at the This MOU, the terms of which are valid for three years, will
CAPE® level and attainment of the CXC® Associate Degree. allow CXC® and CAB to formally collaborate to improve the
education and learning methods established for CAPE®
The CXC® Associate Degree is based on 10 prescribed units Financial Services Studies. This agreement will significantly
or courses offered at the CAPE® level and is comprised of a assist in fortifying the pathways for careers in the growing
combination of general, core, adjunct and elective courses Financial Services industry for Caribbean students and is
which are typically pursued over two years. However, expected to have a positive impact on the human capital
candidates have up to five years to complete their CXC® development of the region.
Associate Degree, which may allow for persons who have
already left the secondary school system to secure a path to Through the MOU, CAB has committed to sponsoring the
more affordable tertiary education. CXC® Annual Regional Top Award for CAPE® Financial Services
Studies. This award recognises the top-performing student for
The specialisations offered under the Associate of Science this examination in the respective year.
and the Associate of Arts in areas such as Entrepreneurship,
Logistics and Supply Operations, and Green Energy serve as Additionally, CAB will secure internships for the top-performing
the gateway for students to enter new and emerging fields. CAPE® Financial Services Studies students in each of the 18
Candidates, having achieved any of the CXC® Associate territories which undertake CAPE® examinations. Each intern
Degrees, will earn 60 credits which may be used to apply for will gain experience over a two week period during the
exemptions within their chosen bachelor’s degree programme summer of 2021 and 2022, respectively.
at UCC.
CAB will also assist CXC® with sourcing subject matter experts
from its pool of available membership to serve as facilitators or
presenters for teacher orientation workshops and educational
webinars. Its available members will participate in activities to
further the review and revision of the CAPE® Financial Services
Studies Syllabus, and with the development of learning
support resources to be housed on the CXC® Learning Hub at
learninghub.cxc.org

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