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New partnership embodies a joint passion for elevating accountancy and finance education and empowering students with global perspectives
National, 12 September 2025: ACCA (the Association of Chartered Certified Accountants), the leading global accountancy body and the Indian Institute of Management (IIM) Indore, today announced the signing of a memorandum of understanding (MoU) which forges a partnership aimed at significantly enhancing professional opportunities, and fostering excellence in the fields of accountancy and finance.
Prabhanshu Mittal, ACCA’s Head of Education Partner Relationships – India, and Prof. Himanshu Rai, Director at IIM Indore, officiated the signing which marks a significant milestone in the institutions’ commitment to advancing the accountancy and finance profession globally.
This collaboration aims to leverage the strengths of both institutions to benefit their members and the broader community of accountancy professionals. By combining their expertise and resources, IIM Indore and ACCA will create a powerful network that fosters innovation, knowledge sharing, and best practices in the industry.
As a part of this MoU, both bodies will collaborate to facilitate academic collaboration through joint academic programs, workshops, and seminars. Additionally, ACCA will also implement joint initiatives for professional development, including train the trainer and faculty development sessions. Furthermore, ACCA will work together with the institute to cultivate a culture of innovation and research in the field of accounting and finance, contributing to the advancements in the profession.
On occasion of the MoU signing, Md. Sajid Khan, Director- India, ACCA, said: ‘Our partnership with IIM Indore marks a significant milestone in our commitment to developing the next generation of Indian accounting and finance professionals. This collaboration underscores our dedication to equipping students with future-ready skills, offering a globally recognized qualification pathway, and fostering a culture of innovation in accountancy education. Together, we’re building accountancy capacity in India so that businesses, the public sector and our economy have access to skills and expertise to thrive.’
Prof. Himanshu Rai, Director at IIM Indore, added, ‘We at IIM Indore are delighted to collaborate with ACCA, a globally respected professional accountancy body, to bridge academic excellence with global industry practices. This partnership reflects our commitment to shaping future-ready leaders who can excel in the dynamic world of finance and accounting. By integrating ACCA’s global perspective with IIM Indore’s academic rigor, we aim to create transformative learning opportunities, foster innovation in accountancy education, and contribute to the development of professionals with lasting impact.’
