26 June 2025: ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body, and the prestigious management institution, the Indian Institute of Management Udaipur (IIM Udaipur), today announced signing a Memorandum of Understanding (MoU) to enhance educational opportunities in the field of accounting and finance. The signing was officiated by Prabhanshu Mittal, ACCA’s Head of Educational Partner Relationships – India and Prof. Anirban Adhikary – Dean of Faculty and Research at IIM Udaipur.

This collaboration aims to enrich educational opportunities in the field of accountancy by providing students with a globally recognised qualification and fostering excellence in academic and professional development. ACCA, a distinguished global professional accountancy body, and IIM Udaipur, renowned for its academic excellence, are set to transform the learning experience for aspiring finance professionals.

As a part of this MoU, ACCA will collaborate with IIM Udaipur 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.

This partnership reaffirms the shared vision of ACCA and IIM Udaipur to drive innovation and excellence in finance and accountancy education, empowering future professionals to thrive in a rapidly evolving global landscape.

On occasion of the MoU signing Md. Sajid Khan, Director- India at ACCA, said, ‘We are thrilled to partner with IIM Udaipur, a prestigious institution known for its commitment to academic excellence. By combining ACCA’s global expertise with the institute’s strong academic foundation, we are paving the way for students to gain a world-class education and professional qualification. Our goal is to nurture the next generation of Indian finance professionals who are not only proficient in their field but also equipped to drive innovation and progress in the global financial landscape.’

Prof. Ashok Banerjee, Director, IIM Udaipur commented, ‘We at IIM Udaipur are delighted to join hands with ACCA, a globally respected professional accountancy body, to bring together the strengths of academic rigour and industry relevance. This partnership marks a significant step forward in shaping future-ready professionals equipped to meet the dynamic demands of the finance and accounting world. We believe this collaboration will open new avenues for innovation in accountancy and finance education and foster long-term mutual growth.’