Ramaiah University of Applied Sciences extended its partnership with International Skill Development Corporation (ISDC) by signing a Memorandum of Understanding, to deliver ACCA and US CMA qualifications. ISDC is the UK headquartered skill development and education company serving organisations worldwide.

ACCA is a globally recognized accounting and finance credential offered by Association of Charted Certified Accountants, UK and ACCA is the global benchmark for accounting and finance professionals. The ACCA Professional Qualification consists examination of 13 papers which will equip the students with skill sets and expertise that can equip students to identify, evaluate, and resolve the global industry-centric issues. Moreover, the partnership will also help the students to obtain access to in-depth understanding of industry-oriented finance and analytical tools, strategies, and management at an International Level through intensive training sessions and webinars.

In parallel, ISDC in collaboration with US-Certified Management Accountants (CMA), will enable the University to offer US CMA (Certified Management Accountants), an IMA programme, to its BBA students at Faculty of Management and Commerce. The students will gain global expertise in critical financial management responsibilities, including planning, budgeting, business reporting, decision analysis, and risk management. Additionally, the programme will help students acquire advanced knowledge about current tools, techniques, and strategies that will enable them to find, evaluate, and resolve industry-centric issues. 

CMA by IMA is a professional certification awarded by the Institute of Management Accountants (IMA), which is a credential of high repute in the domains of management accounting and financial management. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. The CMA is a U.S. based globally recognized certification.

The new and student-centric partnership focuses on delivering quality education and skill development programmes and training, aimed at equipping students with future-ready career skills and expertise.

The MoU was signed by Prof. M. Sai Baba, Registrar, Ramaiah University of Applied Sciences and Mr. Rajesh Poonia, Senior Manager — Partnerships, ISDC. The MoU will enable Ramaiah University of Applied Sciences to offer ACCA and US CMA Qualifications at Faculty of Management and Commerce to its Undergraduate Programmes.