GITAM Institute of Management signs partnership with ACCA

GITAM students have opportunity to gain professional qualification as university signs partnership with ACCA

March 05, 2014 7:44 IST | India Infoline News Service
Students at GITAM Institute of Management, one of India’s top ranked business universities, now have an opportunity to earn both a degree and a globally recognized professional accountancy qualification by the time they graduate as a result of a new partnership between GITAM and ACCA (the Association of Chartered Certified Accountants).
As a result of a partnership agreement signed on 28 February, GITAM, which has campuses in Hyderabad, Vishakapatnam (Vizag) and Bangalore, and ACCA, the global body for professional accountants, with 162 members and 428,000 students worldwide, will work together  to launch an  ACCA Embedded programme, which is based on International Financial Reporting Standards – the standard which Indian accounting standards will converge within the next few years.
The agreement will enable students on the BComhonours programme to study the ACCA Qualification and gain a BSc. in Applied Accounting from Oxford Brookes University (UK) in the process.
Ilham Punjani, Business relationship manager with ACCA in India, said: “ACCA is delighted to be working in partnership with GITAM, one of the country’s top ranked universities, to develop a new outstanding generation of highly qualified and work ready finance professionals who can contribute to the ongoing economic development of  the country. We not only work closely with learning providers, but also have a network of more than 8,500 approved employers who support ACCA students and members throughout their careers.
"GIM has been continuously striving to offer globally recognized qualifications for its students. Joining hands with ACCA - world largest body in Accounting would help our students to learn most  sought-after skills in the area of Accounting & Finance thus improve their employability opportunities not just in India but across the world in several countries especially in MNCs" - Prof. K SIva Rama Krishna, Dean & Principal, GITAM Institute of Management. 
“ We are very excited to be working with GITAM, particularly following the recent announcement by the Government of India that Indian accounting standards will converge with International Financial Reporting Standards (IFRS) . ACCA was the first global professional accountancy body to base its syllabus on IFRS and has long championed the importance  of international standards as it brings real benefits to business and the investment community in an increasingly globalised market,” said Ilham Punjani. 

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