Mumbai, July 20, 2024: ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body, and K J Somaiya Institute of Management, Mumbai, announced signing a Memorandum of Understanding (MoU) to enhance educational opportunities in the field of accountancy. The signing was officiated by Prabhanshu Mittal, ACCA’s Head of Educational Partner Relationships, and Dr Raman Ramachandran, Director & Dean of K J Somaiya Institute of Management, Somaiya Vidyavihar University.
This collaboration aims to enrich educational opportunities in the field of accountancy by providing students with a globally recognised qualification and fostering excellence in academic and professional development. ACCA, a distingusied global professional accountancy body, and the K J Somaiya Institute of Management, renowned for its academic excellence, are set to transform the learning experience for aspiring finance professionals.
As a part of this MoU, ACCA will collaborate with K J Somaiya Institute of Management, Mumbai to facilitate academic collaboration through joint academic programs, workshops, and seminars. Additionally, ACCA will also implement joint initiatives for professional development, including train the trainer and faculty development sessions. Furthermore, ACCA will work together with the institute to cultivate a culture of innovation and research in the field of accountancy, contributing to the advancements in the profession.
This partnership reaffirms the shared vision of ACCA and K J Somaiya Institute of Management to drive innovation and excellence in finance and accountancy education, empowering future professionals to thrive in a rapidly evolving global landscape.
On occasion of the MoU signing Md. Sajid Khan, Director- India, ACCA said: ‘We are thrilled to partner with the K J Somaiya Institute of Management, a prestigious institution known for its commitment to academic excellence. By combining ACCA’s global expertise with the institute’s strong academic foundation, we are paving the way for students to gain a world-class education and professional qualification. Our goal is to nurture the next generation of finance professionals who are not only proficient in their field but also equipped to drive innovation and progress in the global financial landscape.’
Dr Raman Ramachandran, Director & Dean, K J Somaiya Institute of Management, Mumbai added, ‘We are excited to join forces with ACCA. This partnership marks a significant milestone in our mission to provide students with unparalleled educational and professional development opportunities. By integrating ACCA’s globally recognised qualifications into our curriculum, we are not only enhancing the academic experience but also ensuring our students are well-prepared to meet the demands of the global financial industry. Together, we are committed to fostering a dynamic learning environment that emphasises innovation, research, and practical expertise.’