CIMA, Preston College sign MoU for Islamic Finance course

By TCN News,

Chennai: The Chartered Institute of Management Accountants (CIMA) today announced that it has signed a Memorandum of Understanding (MoU) with Preston International College to setup a study support centre that will offer the CIMA Certificate Courses in Islamic Finance and Business Accounting.

The CIMA Certificate in Islamic Finance is the first qualification offered by a professional accounting body to focus on the fast growing sector of Islamic finance. Preston will be the first college in India offering this four module course certified by CIMA.

The CIMA Certificate in Business Accounting is a modular certification course that can be taken up by any student who has passed class XII. It develops a strong foundation in business, management and accounting and is a pre-qualification for the CIMA professional qualification in Management Accounting.

“We are delighted to launch CIMA’s first study center for Islamic Finance in India at Preston College. This certificate is designed to give finance professionals two significant market advantages, the professional recognition of a CIMA’s international qualification and demonstrate expertise in the complex, fast growing world of Islamic finance. We are certain that the highly qualified faculty at Preston will help students understand all the aspects of this sector, thus elevating them to an international qualification like CIMA” said Arati Porwal, Chief Representative, CIMA India.

Speaking on this partnership, Prof. M.H. Jawahirullah, Director Preston International College, said that, “This is the first of its kind partnership to provide world class education in Islamic finance to the Indian student. The launch of the CIMA Certificate in Business Accounting also fulfills our vision of bringing international professional education closer to our student community. We are pleased that CIMA has chosen Preston as its study centre in India to provide Islamic Finance and Business Accounting qualifications which will benefit many aspiring students and professionals looking to build career in this space.”

About CIMA

CIMA is the employers’ choice when recruiting financially qualified business leaders. The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with 171,000 members and students operating at the heart of business in 165 countries. CIMA works closely with employers around the world. It sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the most relevant international accountancy qualification for business.

About Preston International College

Preston International College has been established by a trust Professional Education and Research Foundation (PERF). PERF is a Registered Trust [Regn.No:1061/2008] established in Chennai with many laudable objectives. The vision of the trust is to promote professional education among all sections of the Student Community and to enter into strategic alliances with World Class Universities / Institutions & Organizations in fulfillment of the above & related objectives.
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