Indian School of Business & Finance, one of London School of Economics’s (LSE’s) top five teaching institutions in the world, has received a large number of exemptions for its BSc (Hons) Accounting and Finance students, from the Association of Chartered Certified Accountants (ACCA) with respect to the examinations required to be passed in order to become ACCA qualified.
ACCA is one of the world’s leading professional accounting bodies, with around 219,000 members and 527,000 students in 179 countries. ACCA works with over 7,291 Approved Employers and 80 accountancy partnerships. As a result, becoming ACCA qualified enables students to launch successful global careers in accounting as well as finance, including in attractive job markets like the United Kingdom, Australia, Canada, Singapore and Dubai.
Of the 13 examinations required to become ACCA qualified, students of ISBF’s BSc (Hons) Accounting and Finance programme – which is offered under the aegis of University of London and receives all academic direction from the London School of Economics – have been granted 8 exemptions. This enables ISBF students to start appearing for the remaining five ACCA exams after completing just their first year of undergraduate study.
This gives them an excellent opportunity to become ACCA qualified by the time they graduate at age 21 years with the University of London degree. In contrast, the average qualifying age for a professional accountant is 25 years globally. Aside from becoming ACCA qualified in less than half the time required by other students, ISBF students can also utilise the exemptions to qualify at less than half the cost incurred by others.
Mr. Krishan Mishra, Head of North and East India at ACCA, said, “At ACCA, we have a very strong accreditation process wherein we look at the rigour of the qualification the institution already provides, along with the rigour of the examinations conducted and the teaching-learning pedagogy. Based on that, we grant these exemptions. ISBF delivers on all these areas. Additionally, ISBF is a partner of the University of London, with whom ACCA also shares a strong, long-standing partnership. This makes ISBF a stronger candidate to deliver the ACCA qualification through its institution in Delhi.”
The demand for ACCA professionals has been on a consistent increase over the years, being highly sought-after by organisations across sectors. The application-oriented curriculum of ISBF’s Accounting & Finance programme, academically directed by LSE, which is ranked 5th in the world for Accounting and Finance (QS 2019), along with the professional training offered by ACCA, which equips students with the required skills to be successful in today’s business environment.
Dr. Jitin Chadha, Founder & Director, ISBF, said, “It is a great opportunity for students of Accounting and Finance in India to get an international accreditation in such a short span of time and at such concessional fees. ACCA is the global equivalent of India’s Chartered Accountant (CA) qualification and should thus be the professional course of choice for those looking at international careers in accounting or finance. We are excited for our students as the combination of the world-class LSE curriculum and ACCA qualification can give them a substantial competitive edge in their careers.”
ISBF and ACCA also signed an MOU at ISBF, for mutual cooperation in respect of these programmes. ACCA’s approved education partner, Zell Education, was also present at the signing.
Also present at the signing, Anant Bengani, Director, Zell Education, said, “Zell is one of the largest partners for ACCA, pan-India, and it will also be the learning partner for ISBF. Zell recommends ISBF for the high quality of content imparted to its students. The addition of ACCA would be an extremely strong value proposition for students looking to work or study in India or abroad.”