Tamil Nadu   

ICAI to tie up with Bharatiar University

CHENNAI: The Institute of Chartered Accountants of India (ICAI) will enter into an agreement with Bharatiar University on December 4 to enable its students to enrol for BBA or MBA, institute chairman Ved Jain on Sunday.

Participating in the first ever convocation of the ICAI Southern region, he said BBA was meant for intermediate students and MBA for final-year students. The nine-month MBA course would start in December. The students had to clear five out of the 15 papers selected by the ICAI.

Mr. Jain said three more universities had also shown interest in enrolling ICAI students in BBA and MBA. The details would be announced soon. The ICAI was also joining hands with the Institute of Chartered Accountants in Singapore, Australia and Canada to facilitate easy mobility of members across the borders.

Handing over the certificate to more than 700 Chartered Accountants, Mr. Jain urged the students not to get perturbed by the news reports that talks about MBA students being offered salary of more than Rs.7 lakh a month. “It is a stray case. I have done a meticulous calculation of all professions and come to the conclusion that this profession [Chartered Accountants] is the best among all, and it offers a salary of Rs. 6.31 lakh a month on a weighted average. This profession is in demand. The dedication and devotion shown by the professionals are unmatched, and this has to be sustained.”

Rajya Sabha Deputy Chairman K. Rahman Khan distributed certificates to 16 rank-holders. He said Chartered Accountants should acquire the basic knowledge of different industries to understand things better.

ICAI vice-president Uttam Prakash Agarwal invited suggestions from students and promised to implement them within a week.

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