IIM-C signed MoU with Chartered Institute of Management Accountants (CIMA), London

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IIM-C signed MoU with Chartered Institute of Management Accountants (CIMA), London

THE Indian Institute of Management Calcutta (IIM-C) has entered into a collaboration with the Chartered Institute of Management Accountants (C.IMA), London, to establish a Centre for Management Accounting, at its Joka campus.

The centre will work towards improving management accountancy practices in India.

It will also foster inter-disciplinary research in IIM-C and other academic institutions in the country.

A Memorandum-of-Understanding (MoU) between the two institutes has recently been signed.

According to this, the CIMA will sponsor the centre and a CIMA professor of management accounting for an initial period of three years.

The governance of the centre will be facilitated by the creation of a centre advisory board.

The board will have a chair person, who will be nominated by CIMA and IIMC by rotation, and approved by the other partner.

CIMA will arrange to pay the travel cost of foreign experts, who will speak at the annual conference to be organised by the Centre.

IIMC will undertake the research to act as an academic host to the centre.

The scope of the research is international and will include investigations relating to contemporary issues linked to CIMA’s Centre of Excellence based at the University of Bath School of Management in the UK.

IIMC and CIMA will publish the results arising from the research and will discuss it in internal seminars.