Job search

Careers

The international competition

Learn more about the International Competition & meet last year’s winner.

The first phase of the competition takes place in countries, click below to find a local competition details:

Supported by

EY - YTPY supported by LHDN

 

Young Tax Professional of the Year

Your role here
  • Share

EY Young Tax Professional of the Year

Do you want to see the business world in global terms?

Do you want to learn to work with people from around the world and learn how business is done in different cultures?

All of this while learning new skills that are expected of tomorrow’s leaders?

This is what the EY Young Tax Professional of the Year (YTPY) is all about!

EY’s Young Tax Professional of the Year is an international tax competition which allows students from all over the world to test and demonstrate their tax technical skills.

It is also an opportunity to take your career further, faster…

The competition works in two stages:

Stage 1 – National competition

At this stage, you’ll test your skills and knowledge against some of the best Malaysian undergraduates to be a finalist.

An independent judging panel will then determine the top three winners of the Malaysia YTPY award.

Stage 2 – International competition

Join other national champions to see if you have what it takes to win!

The first prize winner of the Malaysia YTPY award will represent the country at the YTPY international competition that takes place in Netherlands from 30 November – 4 December 2014.

During the international final, the YTPY national winners will be challenged with case studies and participate in interviews before a panel of international judges. They will work closely with people from other cultures and backgrounds.

After a final review of their performance throughout the competition, the participants will be invited to a prestigious awards ceremony where the top three winners of the EY Young Tax Professional of the Year award will be announced.

If you have any questions about the competition, please email EY Malaysia.

EY Young Tax Professional of the Year

The Malaysia YTPY competition is open to all Malaysian undergraduate students, studying in local or foreign universities or colleges.

The finalists and winners of the Malaysia YTPY 2014 will be selected through a two-step process:

Step 1 – Essay submission

You will need to submit an essay response to one of the three questions.

Deadline for essay submission: 5.00 p.m. on Friday, 15 August 2014

Based on the essay responses, a panel of judges will then determine 10 finalists.

Judging will be based on (but not limited to) the following criteria:

  • Contents of the essay
  • Depth of issues presented
  • Research analysis adopted
  • Critical thinking
  • Creativity
  • Overall presentation

Step 2 – Final

The 10 finalists will be assigned a case study to prepare individually and thereafter will be invited to a half-day event at the EY office in Kuala Lumpur in September, where they will have to present their research on the case study to a panel of independent judges.

The top three winners of the Malaysia YTPY 2014 will be announced at an awards ceremony on the same day.

The first prize winner of the Malaysia YTPY 2014 will then represent the country at the YTPY international competition in Netherlands from 30 November – 4 December 2014.

EY Young Tax Professional of the Year

More than just a trophy

Prizes that will last you a lifetime and define your future career…

National prizes

1st prize
Paid internship of no less than 8 weeks or conditional offer of employment with EY Malaysia, represent Malaysia in the international competition, and RM 8,000.00 cash prize

2nd prize
Paid internship of no less than 8 weeks or conditional offer of employment with EY Malaysia, stand-by participation in the international competition, and RM 6,000.00 cash prize

3rd prize
Paid internship of no less than 8 weeks or conditional offer of employment with EY Malaysia and RM 3,000.00 cash prize

International prizes

1st prize
A 30-day round-the-world business trip built around 10-day working visits to key EY Area Tax Centers in London, Washington D.C. and Hong Kong

2nd prize
A 10-day visit to one of EY’s Tax Centers

3rd prize
An invitation to take part in one of our exceptional EY international client conferences, where you will rub shoulders with some of our finest partners and most valued clients

EY Young Tax Professional of the Year

The first prize winner of the Malaysia YTPY 2014 award will represent the country at the YTPY international competition that takes place in Netherlands from 30 November – 4 December 2014.

During the international final, the YTPY national winners will be challenged with case studies to prepare and present before a panel of international judges. They will work closely with people from other cultures and backgrounds.

After a final review of their performance throughout the competition, the participants will be invited to a prestigious awards ceremony where the top three winners of the EY Young Tax Professional of the Year award will be announced.

International prizes

1st prize
A 30-day round-the-world business trip built around 10-day working visits to key EY Area Tax Centers in London, Washington D.C. and Hong Kong

2nd prize
A 10-day visit to one of EY’s Tax Centers

3rd prize
An invitation to take part in one of our exceptional EY international client conferences, where you will rub shoulders with some of our finest partners and most valued clients

Please visit our Young Tax Professional of the Year Global site for more information about the International Final. 

Joel Wong
Country winner, EY Young Tax Professional of the Year 2013 Malaysia

EY - Joel Wong

Why did you join the YTPY Malaysia competition?
It was an impromptu decision to join the competition. I believed that YTPY was a great avenue to challenge myself and to provide me with the chance of competing against some of the brightest students in the country. Ultimately, the prospect of being able to represent my country in an international competition proved too hard for me to resist.

What was the most challenging experience in the YTPY Malaysia competition? And the most enjoyable?
The most challenging experience was at the final stage where the top 10 finalists were given a tight schedule to both prepare and present a considerably technical case study. This was challenging for me as I only had basic tax knowledge at that time. The most enjoyable experience was definitely seeing the joy on my parents’ faces when I was announced as the winner of the competition.

Tell us about your experience in the World YTPY competition.
To describe it succinctly, my experience at the World YTPY competition was nothing short of extraordinary. This will remain as the best moment in my life thus far. It was surreal to be able to network with esteemed business and tax leaders and to rub shoulders with bright minds of different nationalities. The joy and laughter shared together and the newly forged friendships made the whole competition an educational and enjoyable experience.

What was the most challenging experience at the World YTPY competition? And the most memorable?
The most challenging experience at the World YTPY was the gruelling tasks handed to us during the final stages of the competition. Among the tasks was a presentation to a panel of judges, comprising industry leaders of multinational companies and a renowned university professor. The most memorable experience would be the river cruise dinner around the city of Copenhagen with all the contestants and international mentors.

How did you feel to be named as one of the top 6 finalists of the World YTPY competition?
Being able to represent the country at the World YTPY competition itself was already a victory for me. To be named as one of the top 6 finalists was a huge surprise as I felt I had limited knowledge in international tax and given the fact that it was Malaysia’s inaugural participation in the competition. I was ecstatic by the achievement and I owe this entirely to my mentors and lecturers who had relentlessly guided me throughout the whole process.

What are your plans for the future (short-term/long-term)?
Within the short-term, I look forward to establishing my professional career by enhancing my technical skills and constantly seeking to develop my knowledge and experience to better serve the company that I will be working for.  In the longer term, I aspire to take on larger responsibilities where I can directly participate in the growth and success of the company.

What have you gained both personally and professionally, from participating in this competition?
This competition has taught me that any goal is possible through action and unwavering determination. These achievements would not have been attainable had I not overcome my self-doubts and be confident of my abilities. Professionally, YTPY has been a stepping stone to my future career. It has provided me with an overview of tax from an international perspective. Also, being able to establish an international network of tax practitioners, business leaders and future tax professionals is priceless.

Did this experience change your perception of the tax profession? How?
This competition has shown me that a tax professional’s career is both challenging and exciting at the same time. It is a total misconception that a tax practitioner only engages in typically mundane and repetitive work. The tax industry is complex and dynamic, often changing over time, which further increases the need for tax professionals to act as business partners and advisors to their clients. Through the case studies, I found that the tax profession requires an individual to constantly develop effective and efficient ways to align an organization’s tax strategy to its long-term goals.

Would you encourage others to participate in the YTPY competition?
Absolutely! The experience gained has made the whole process worthwhile. Regardless of whether your career aspirations lie within the area of taxation or not, joining the competition alone would benefit you both personally and professionally. While basic tax knowledge is essential, it is not a must as some of the contestants in the World YTPY competition were from science and law backgrounds. Thus, it is your determination and willingness to learn that matter more.

What advice would you give to those planning to participate in the competition?
Be open to new experiences, stop doubting yourself and start taking chances. To get an edge, read widely and research extensively. Be able to project yourself professionally and be confident during presentations. Always remember to provide solutions and think from a client’s point of view. Most importantly, enjoy the whole process. Good luck!
 


Hui Yan Choong
1st runner-up, EY Young Tax Professional of the Year 2013 Malaysia
 

EY YTPY - Hui Yan Choong

Why did you join the YTPY Malaysia competition?
Frankly, the most influencing factors were the attractive grand prizes of trips and cash. I do enjoy participating in competitions - it is more fun than studying and more practical. Application of knowledge in an examination is always limited by time and scope.  A competition is certainly a better platform for students to apply the knowledge learned.

Besides, joining the YTPY competition seemed to be a great chance for me to test my tax knowledge and skills. Having an opportunity to meet up with the tax experts from EY, one of the world’s largest professional services organizations, was exciting and motivating enough for me to work hard for the competition, even though it was held during my examination period.

What was the most challenging experience in the YTPY Malaysia competition? And the most enjoyable?
The most challenging experience in the YTPY competition was when my powerpoint slides did not function properly during the final presentation. All the animations did not function and some graphics had “disappeared”. I felt terrible, but I urged myself to continue with a happy heart.

As for the most enjoyable experience, it would be the moment right after my presentation. The panel of judges was observant enough to appreciate all my effort which I thought would have been un-noticed. This made me extremely happy and touched. The constructive comments given by the panel of judges on my presentation that day also inspired me to further deepen my knowledge on taxation, as well as improve my cognitive skills. It was a truly memorable experience. 

What are your plans for the future (short-term/long-term)?
In the short term, I plan to intensify my accounting and taxation knowledge and skills, particularly about Malaysia’s forthcoming Goods and Services Tax (GST).   I am also currently learning more about starting up and managing a business as I realize that business management skills are crucial for tax planning too.  I have no long-term plans yet. 

Did this experience change your perception of the tax profession? How?
I have a good lecturer who teaches tax very well and in a very lively manner. He always spoke about the creativity and flexibility in tax, which I thought was contradictory as I had thought that tax was all about laws and compliance - no creative and flexible thinking needed. However, the YTPY competition proved me totally wrong. Tax experts need to be creative also! Tax affects nearly everything in life and thus, one must appreciate its value in order to grow wealth and help others (the poor/clients).

Would you encourage others to participate in the YTPY competition?
Yes. I would encourage all my juniors to  take part in this  competition. The YTPY competition will definitely be one of their most valuable educational experiences in university life.

What advice would you give to those planning to participate in the competition?

  • Hard work is needed
  • Be confident
  • Be flexible, and
  • Be happy

Nurain Lokman
2nd runner-up, EY Young Tax Profession of the Year 2013 Malaysia

EY YTPY - Nurain Lokman

Why did you join the YTPY Malaysia competition?
This competition was being held in Malaysia for the first time by EY and I wanted to be a part of it. I also wanted to test how vast my Tax knowledge was at that time. 

What was the most challenging experience in the YTYP Malaysia competition? And the most enjoyable?
I think the most challenging experience in the competition was that there were no right or wrong answers to the questions asked; therefore, extensive research was needed and the 10 finalists were only given two days to prepare for the presentation. The most enjoyable part of the competition was that I had the chance to meet professionals and friends that share the same interest as I do, which is Tax.      

What are your plans for the future (short-term/long-term)?
Right after my graduation, I'm going to pursue the ACCA qualification and work in Tax services as a professional. I would also like to obtain the ICSA (company secretarial) qualification and gain experience working abroad.

Did this experience change your perception of the tax profession? How?
I've always wanted to pursue a career in tax as I know it offers many opportunities. Many of us have the mis-conception that the tax profession is only about filing personal tax returns, but in fact, the tax profession has many interesting areas such as transfer pricing, GST and many more.   

Would you encourage others to participate in the YTPY competition?
Yes. I believe that it will be a good experience for anyone who participates in the competition, and it will surely help him/her understand more about the tax profession. 

What advice would you give to those planning to participate in the competition?
There is no right or wrong answer to the questions, therefore extensive research is needed. Also, not having proper sleep in the two days before the final presentation is definitely normal! If you are selected as one of the top 10 finalists, do not panic because the EY tax professionals are friendly and very supportive.

 


The views of third parties set out above are not necessarily the views of the global EY organization or its member firms. Moreover, they should be seen in the context of the time they were made. 

  1. What is the EY Young Tax Professional of the Year (YTPY) Award?
    The YTPY Award was created by EY to reward and encourage the next generation of tax professionals. In 2014, students and young graduates representing over 30 countries will compete for the YTPY title in the Netherlands from 30 November – 4 December 2014.


  2. What is the difference between the local and the international competition?
    Participants in each country compete for the country’s national YTPY Award. Each country winner is then eligible to join other country winners during the international final in Netherlands to compete for the World YTPY Award 2014.


  3. When was the program started?
    The YTPY program started in 2011 and involved nine countries. The program was launched in Malaysia in 2013.


  4. How many countries are involved?
    The YTPY competition is being held in over 30 countries this year.


  5. Why did EY establish the YTPY program?
    The answer, quite simply, is that young talents matter: they are the next generation of tax professionals, a profession that is growing in strategic importance.

    YTPY is an innovative program that seeks to reward and encourage the next generation.

    The award honors the contributions of promising students and graduates, and serves to:
    • Reaffirm the growing importance of tax knowledge in the world of business and finance among university students and graduates
    • Promote the emergence of young talented professionals in the field of tax, thus fostering interest for the tax profession and a future career in this field
    • Demonstrate to leaders of business, the tax profession and tax administrations globally that investment in future tax talent is essential

       
  6. How does a student get to the international YTPY Award level?
    The process begins with a national competition in most countries. All country winners are then eligible for the international YTPY Award. There is no separate nomination process for the international YTPY Award since all the candidates qualify on the basis of being the current YTPY country winners.


  7. Will there be awards given in different categories at the international YTPY Award level? What will the prizes be?
    There are no specific award categories, but there will be a special recognition for the candidate who demonstrates the most "inclusive leadership" style and skills.

    The three successful winners will be rewarded as follows:
    • First prize: A 30-day “round-the-world” business trip built around a 10-day working visit to key EY Area Tax Centers in London, Washington DC and Hong Kong
    • Second prize: A 10-day visit to one of EY’s Area Tax Centers
    • Third prize: An invitation to participate in an EY international client conference, at which the winner will have the opportunity to meet our leaders and key clients

    There is also an additional prize:
    • Patrick Dibout Inclusive Leadership prize: Bearing the name of a founding member of the competition, this prize is awarded to the candidate who demonstrates the most inclusive leadership behavior, as well as a particular interest and a high capacity to leverage diverse perspectives and ideas. The winner is selected by his/her peers, based on his/her openness to listening and learning about other cultures.

       
  8. How are the winners selected?
    All of the students competing for this year's World YTPY Award have won the title of YTPY 2014 in their respective countries. During the final testing days preceding the international YTPY award, each participant will have the opportunity to work closely with a diverse range of tax professionals who will assist in preparing the candidates to meet with the final judging panel. The finalists will be challenged with international taxation case studies and interviews before expert judges, who will be looking for evidence of creative and analytical strengths, as well as practical skills, inclusive leadership behavior and personality. The panel will then confirm the three winners of the Young Tax Professional of the Year Award 2014.


  9. What kind of guidance are the participants given to prepare for the competition?
    Each country winner will have an EY tax professional to act as a local coach, providing insight on tax technical and approaches to case analysis and presentation. At the international event, EY senior tax professionals will be present to provide individualized guidance and feedback.


  10. Who is on the judging panel? How do you ensure the judging process is unbiased?
    The judging panel will include not only partners of EY’s Tax practice, but also influential members of the tax community from government, academia and corporations. Judges are rotated from year to year, to ensure fresh thinking and enthusiasm in the judging process.


  11. How can students and graduates coming from vastly different academic and professional backgrounds be judged against each other?
    The award is given on the basis of six criteria, allowing all country winners an equal opportunity to compete: entrepreneurial spirit, financial “flair”, strategic direction, innovation, technical knowledge and executive presence.


  12. Who won last year’s international YTPY Award?
    • First prize: Mathieu Ferré, France
    • Second prize: Johannes Willem Small, South Africa
    • Third prize: Charishma Motwani, India