IIM Jammu signs MoU with ICAI

IIM Jammu signs MoU with ICAI

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New Delhi, Updated on Mar 13, 2020 16:44 IST

The main point of importance in the MoU was 75 per cent discount to the students belonging to the Union Territories of Jammu & Kashmir, Ladakh and 8 North-Eastern states.

Indian Institute of Management (IIM) Jammu signed a Memorandum of Understanding with the Institute of Chartered Accountancy in India. President of ICAI -- CA Atul Kumar Gupta and IIM Jammu Director – Prof B.S. Sahay signed the MoU with a mutual aim of partnering together to offer executive training programme solely for the Chartered Accountants. The main point of importance in the MoU was 75 per cent discount to the students belonging to the Union Territories of Jammu & Kashmir, Ladakh and 8 North-Eastern states. Apart from this, opening of the representative office of ICAI in the union territory of Ladakh and Srinagar was the important scheme deliberated in the MoU.

The MoU will assist in searching for ways to make sure incessant learning for young and veteran Chartered Accountants of the country. With its industry experience, ICAI can also work towards teaching and combined research partnership with IIM Jammu.

At the point of signing the Memorandum of Understanding, it has been decided that 75 per cent fee discount will be offered to students who will register from the newly formed UTs of Jammu & Kashmir and Ladakh. Moreover, students from the 8 North-Eastern states will also get 75 per cent fee waiver in all the levels of Chartered Accountancy i.e. CA Foundation, CA Intermediate and CA Final. The opening of a new ICAI representative office in the Union Territory was another big initiative that was given importance. The opening of the new office will be truly beneficial for students in the region aiming to become future CAs.

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