The Association of Chartered Certified Accountants (ACCA), a globally recognized professional accountancy body, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Management Tiruchirappalli (IIM Tiruchirappalli), one of India’s top business schools. This collaboration seeks to enhance academic frameworks and promote professional excellence by bringing global standards and innovations into Indian finance and accountancy education.

Prabhanshu Mittal, Head of Educational Partner Relationships – India at ACCA, and Prof. P. Saravanan, Dean – Corporate Relations and Faculty Affairs at IIM Tiruchirappalli, formally exchanged the MoU. Dr. Pawan Kumar Singh, Director of IIM Tiruchirappalli, attended the signing ceremony, highlighting the importance of this partnership in developing future global finance leaders.

This important agreement represents a significant step toward meeting the changing needs of the global finance landscape. Through this partnership, students at IIM Tiruchirappalli will have access to ACCA’s globally recognized qualifications. This will help close the gap between academic learning and the skills needed for international finance careers. By incorporating global standards into the curriculum, this collaboration aims to create a vibrant and relevant learning environment for aspiring finance professionals in India.

The partnership will support academic and professional exchanges through co-branded programs, workshops, and student-focused seminars. These activities aim to provide a richer and more inclusive learning experience that reflects the realities of the global financial sector. By combining ACCA’s industry insights with IIM Tiruchirappalli’s academic rigor, the partnership fosters a comprehensive approach to education in accountancy and finance.

In addition to student engagement, the MoU strongly emphasizes faculty development and knowledge sharing. ACCA will provide training modules and faculty development programs that enable educators to update their teaching methods in line with global industry standards. These efforts aim to equip faculty members with the necessary tools and insights to develop a new generation of skilled, ethical, and globally competent finance professionals.

A key aspect of this collaboration is its focus on promoting innovation and research in the accountancy and finance fields. Both institutions have committed to jointly support research activities, develop case studies, and contribute to policy recommendations that will shape the future of the profession in India and beyond. This facet of the partnership underscores a mutual goal of pushing boundaries and fostering leadership in the changing world of finance.

Md. Sajid Khan, Director – India at ACCA, expressed his positive outlook on the partnership. “We are proud to partner with IIM Tiruchirappalli, one of India’s leading management institutions. This MoU strengthens our shared vision of preparing finance professionals to thrive in a world influenced by technology, innovation, and ethical responsibility. We look forward to using our global expertise to bolster IIM Tiruchirappalli’s solid academic foundation and create new learning and development opportunities,” he stated.

Prof. P. Saravanan, Dean – Corporate Relations and Faculty Affairs at IIM Tiruchirappalli, also welcomed the partnership enthusiastically. “We are very pleased to have ACCA India as a strategic partner. This collaboration strengthens our commitment to global excellence and providing training on emerging topics for ACCA members. Our faculty will actively participate in joint research, develop case studies, and engage in policy discussions that influence the accounting and finance sectors, particularly in India,” he said.

This MoU between ACCA and IIM Tiruchirappalli represents a forward-looking partnership that aims to transform how accountancy and finance are taught, learned, and practiced in India. By combining ACCA’s international perspective with IIM Tiruchirappalli’s academic strengths, the alliance is set to create a workforce ready to handle the challenges of a rapidly evolving financial world.