JAIN, ICAI ink MoU to shape future leaders in Commerce and Accountancy

This collaboration is primarily aimed at expanding academic cooperation in specialized commerce courses including B.Com, B.Com (Hons.), M.Com, Certificate, and Diploma programs.

JAIN (Deemed-to-be-University) and the Institute of Chartered Accountants of India (ICAI) have inked a Memorandum of Understanding (MoU) to signify a noteworthy advancement in commerce and accountancy education. 

This MoU was inked on January 22nd during the National Education Summit on Commerce and Accountancy (NES-CA) 2024, which aims at advancing shared objectives and cultivating a strong partnership in the domains of commerce, accountancy, and finance.

Dr. Jitendra Kumar Mishra, Registrar at JAIN (Deemed-to-be University), expressed optimism about the collaboration and said, " The collaboration between ICAI and JAIN reflects mutual dedication to elevating the standards of commerce and accountancy education which will create opportunities for academic excellence, and foster stronger institutional ties. We anticipate that this partnership will enhance the curriculum and enrich the teaching-learning processes at the School of Commerce, JAIN (Deemed-to-be University)."

JAIN, ICAI collaboration details

This collaboration is primarily aimed at expanding academic cooperation in specialized commerce courses including B.Com, B.Com (Hons.), M.Com, Certificate, and Diploma programs. This innovative partnership aims to fuse CA coaching seamlessly into the B.Com curriculum to enhance the quality of commerce education and position JAIN University’s School of Commerce as a premier institution to offer BCom with CA coaching, not only in Bangalore but nationwide. Through this collaboration, ICAI and JAIN will develop collaborative programs to foster intellectual and cultural growth within their academic domains, creating a mutually beneficial alliance.

As part of the MoU, ICAI will conduct specific training sessions in accordance with the New Education Policy, 2020, and organize special sessions for students conducted by the Chartered Accountants fraternity. Additionally, the MoU will facilitate a faculty development program with a focus on promoting the evolving teaching practices relevant to the domain as well as motivating the faculty to achieve a competitive teaching and learning environment. This program will be led by ICAI, which will nominate up to two experts per subject to enrich the governance structure of both institutions. Additionally, The University will now recognize Chartered Accountants Qualification as equivalent to a Post Graduate Degree for admission to Ph.D. in Management or Commerce and allied programs.

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