IMA® (Institute of Management Accountants) and the SP Jain School of Global Management (SP Jain) have signed a memorandum of understanding to offer CMA certification to students at the SP Jain campuses in Dubai, Mumbai, Singapore and Sidney. The partnership aims to help accounting and finance professionals develop the essential accounting and financial management skills needed in today’s complex and rapidly changing business environment.
The MoU signed by IMA’s Senior Director of Middle East, Africa and India Operations – Hanadi Khalife and Dr Arindam Banerjee, Associate Professor and Deputy Director, SP Jain School of Global Management, will recognize and provide at SP Jain School the status of partner IMA university. Also present virtually at the ceremony were Ms. Lakshmi Raman, Vice President – Administration (SP Jain), and Dr. John Lodewijks, University Vice President, SP Jain. As part of the IMA scholarship agreement and guidelines, the association will be offering ten CMA® (Certified Management Accountant) scholarships to each SP Jain School campus (Dubai, Singapore, Sidney).
Emphasizing the partnership, Khalife said, “SP Jain Schools are globally recognized business schools that share our mission to help students prepare for successful future careers. Financial and accounting functions are undergoing enormous changes brought about by the introduction of new technologies that affect processes and bring about high levels of accounting. This transition phase has dramatically increased the importance of finance and accounting professionals whose roles have become to provide strategic advice to the organizations they support. The CMA certification, which will now be offered at the SP Jain campuses in Dubai, Mumbai, Singapore and Sidney, is a highly relevant program aimed at bridging the skills gap of young people considering a career in finance and accounting. This will allow future-minded students to view finance from a much broader strategic and managerial perspective while enhancing their expertise in planning, analysis, control, decision support and professional ethics – thus equipping them with skills. fundamentals relevant for the future. . “
“With technological advancements and digital transformation leading to evolved business models, IMA is committed to supporting the needs and growth of the management accountancy profession in Dubai, Mumbai, Singapore and Sidney. As the demand for qualified management accountants increases in these regions, this partnership will provide a platform for finance students to equip themselves with the latest skills and relevant tools to be ready for the future. Through this program, students will be able to acquire CMA certification while continuing their education, improving their employability and experience even before graduation. This will encourage students to develop their skills at the university level while preparing for a future career in finance and accounting. The IMA will also support SP Jain’s application for the IMA Higher Education Approval Program, which will facilitate additional educational opportunities for students, ”said Dr Josh Heniro, Ph.D., Senior Director, South East Asia and Australasia at IMA.
Speaking about the mutual agreement, Dr Arindam, SP Jain said: “We welcome this partnership between two highly established organizations in the field of knowledge and education. What sets us apart is our constant focus on providing modern, relevant and practical global business education to students on our global campuses. Our partnership with IMA reinforces this goal and the CMA certification course will go a long way in preparing students for the financial and accounting roles of the future.
The CMA certification course is suitable for accounting and finance professionals of all levels – from young executives planning to advance their careers, to experienced decision makers looking to improve their data analysis skills and achieve advanced professional certification. The course is designed to develop the skills and technical knowledge of the individual in management accounting to ensure the development of a workforce prepared for roles and requirements essential for business economics professionals. ‘today.