28 November 2023, Kozhikode: The Indian Institute of Management and ACCA, the Association of Chartered Certified Accountants, signed a ground-breaking memorandum of understanding (MoU) here, today. This collaboration signifies a significant leap forward in advancing academic and professional growth within the domains of accounting, finance, and management. The MoU was inked between the representatives of the two leading institutions – Md. Sajid Khan – Director – India, ACCA and Lt Col MKK Mohan (Retd), Consultant General Administration, IIM Kozhikode, in the presence of senior officials from ACCA and IIMK.
The strategic alliance between ACCA, a globally recognized professional accountancy body providing qualifications and advancing standards in accountancy worldwide, and IIMK, renowned for its unwavering commitment to academic excellence, establishes a robust framework for mutual cooperation. This collaboration is poised to enhance educational offerings, skills development, and career opportunities for students pursuing disciplines related to accounting, finance, and management.
Under this transformative partnership, students at IIMK will gain exclusive access to a comprehensive suite of resources, including specialized training programs, workshops, and certifications offered by ACCA.
Furthermore, this collaboration extends to the esteemed faculty members of the Finance, Accounting & Control department at IIMK, who will benefit from collaborative research opportunities, professional development activities, and access to ACCA’s extensive network of industry experts. This exchange of knowledge and expertise promises to elevate the academic environment, ensuring that the curriculum remains at the forefront of industry trends and best practices in accounting, finance, and management.
Prof. Debashis Chatterjee, Director IIM Kozhikode added “Collaborations as such bring the best of business education and technical knowhow and are fundamental to promoting research, training, academics and financial expertise to overcome the global skill gap. IIM Kozhikode along with ACCA is privileged to play its part in nation building and training the best of the best to take on emerging global market challenges head on.”
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Md. Sajid Khan, Director-India, ACCA said: ‘We’re delighted to be collaborating with IIMK. Our organizations share a commitment to excellence in their respective fields and this is a win-win situation for both organizations. ACCA with its global presence and unparalleled network is well poised to play its part in supporting and furthering IIMK’s motto and agenda of ‘Globalizing Indian Thought’.
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The signing of this MoU between ACCA and IIMK underscores a shared vision to bridge the gap between academia and industry, creating a seamless pathway for students to transition into the workforce. This partnership reaffirms the commitment of both entities to excellence in accounting education and the advancement of the accounting profession.
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IIM Kozhikode faculty members present for signing of the MoU included – Prof. Rajesh Upadhyayula (Dean – Programmes), Prof. Sudershan Kuntluru, Prof. Ramprasath L, Prof. Rachappa Shette, Prof. VG Sridharan and Prof. Qambar Abidi. Other members present from ACCA were: Ms. Naina VG – Head – Employer Relationships – India, Mr. Sivakumar Vijayavelu – Manager – Employer Relationships – India and Mr. Christopher S Dhas – Lead – Education Partner Relationships (South India).
About IIM Kozhikode: The fifth IIM to be established by Govt. of India in 1996, IIMK started its academic journey in 1997 with its flagship Postgraduate Program (PGP). The Institute is on a high growth trajectory today, 
offering widest range of academic programs in the field of management education. These include Doctoral Programme in Management (PhD), Executive PG Programmes, Management Development Programmes and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. IIMK has also the unique distinction of launching a PhD (Practice Track) programme for working professionals besides bringing in new dynamic courses like one-year Post Graduate programme in Business Leadership (2019) MBA in Finance and MBA in Liberal Studies & Management (2020). The institute is also home to IIMK LIVE a first-of-its-kind startup incubation programme, the Indian Business Museum and six other Centres of Excellences encompassing diverse areas. IIMK is ranked 3rd as per NIRF India Rankings 2023: Management. The institute also made its global debut for its flagship MBA and EMBA programme in the 2020/21 QS World University Rankings. In 2023, IIM Kozhikode also broke into Top-100 in Financial Times Ranking for Open Enrollment Programme (Rank #72) and Masters in Management (MBA) (Rank #77). Institute is globally accredited by EQUIS (EFMD) and AMBA (UK).
About ACCA: We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide. Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 247,000 members and 526,000 future members in 181 countries. Our forward-looking qualifications, continuous learning and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies. Guided by our purpose and values, our vision is to develop the accountancy profession the world needs. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all. Submitted by IIM Kozhikode PR Team
