“Convergence of financial standard is the order of the day” said, Narayanan Nambiar, Director, Financial Training Institute, India Chapter. “A major portion of knowledge processing work companies like Infosys, Wipro, Accenture and IBM does come from fortune 500 companies. When they employ, they look for ‘industry ready’ graduates. This is where the role of Financial Training Institute (FTI) comes in”, he added.
Nambiar was addressing the large gathering of students who were present at the signing of Memorandum of Understanding (MoU), between FTI and Mahajana Education Society, to start new programmes – ACCA (Association of Certified Charted Accountancy) and IFRS (International Financial Reporting Standards), at Vivekananda Hall, on Monday.
Nooh Khushal, Business Relations Manager, Indian Operations, ACCA, UK, spoke on the occasion and informed the students about the prospects and employment opportunities the students will have after successfully completing these courses. FTI is a “Gold Partner” of ACCA, UK, a 110 years old institution, which is offering ACCA and IFRS programmes all over the world, he added.
He said that there was a requirement of 100 ACCI Professionals every month and the top most Financial Companies like HSBC, Ernst and Young, PricewaterhouseCoopers, KPMG Deloitte were the main employers. He said ACCA had successfully trained 4,80,000 students in 181 countries with its Head Office in London. At present 10,000 students are studying across India.
Dr R Subramanyam, Director Mind Biz, who spoke on the occasion, gave an over- view of the programmes. Prof K V Prabhakara, Principal, MFGC welcomed the gathering and R Vasudevamurthy, President, Mahajana Education Society (MES), Muralidhar Bhagawath, Vice-president, MES, Dr Vijayalakshmi Muralidhar, Secretary, MES were present during the occasion.