29 November 2023, Kozhikode (Calicut), Kerala: ACCA, the Association of Chartered Certified Accountants, is delighted to announce a groundbreaking memorandum of understanding (MoU) signed today with the prestigious Indian Institute of Management Kozhikode (IIMK). 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.

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 ‘Globalising Indian Thought”.

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.”

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.

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).