IMA Announces the Introduction of a New Management Accounting Course in Partnership with SP Jain School of Global Management

IMA Announces the Introduction of a New Management Accounting Course in Partnership with SP Jain School of Global Management

Signed MoU establishes school as an IMA University Partner and aids in U.S. CMA Certification across campuses in Dubai, Mumbai, Singapore, and Sydney

SINGAPORE, Oct. 6, 2020 /PRNewswire/ -- IMA® (Institute of Management Accountants) and SP Jain School of Global Management (SP Jain) have signed a Memorandum of Understanding (MoU) to offer U.S. CMA certification to students at SP Jain campuses in Dubai, Mumbai, Singapore, and Sydney. The partnership aims to help accounting and finance professionals to develop the critical accounting and financial management skills needed for today's complex and everchanging business environment.

The MoU signed by IMA Senior Director of Middle East, Africa and India Operations -- Hanadi Khalife and Dr. Arindam Banerjee, Associate Professor and Deputy Director, SP Jain School of Global Management, will acknowledge and provide SP Jain School the status of an IMA university partner. Also present at the ceremony were Mrs. Lakshmi Raman, Vice President -- Administration and Dr. John Lodewijks, Vice President -- Academic, of SP Jain School of Global Management.

As part of the agreement and IMA's scholarship guidelines, the association will offer ten U.S. CMA® (Certified Management Accountant) scholarships to each SP Jain school campus (Dubai, Singapore, Sydney).

Highlighting the partnership, Khalife, said, "SP Jain Schools are globally recognized business schools that share our mission to help students prepare for future successful careers. Finance and accounting roles are undergoing tremendous changes brought on by the introduction of new technologies that are affecting processes and bringing in high levels of accounting. This transition phase has significantly increased the importance of finance and accounting professionals whose roles have become to provide strategic advisory to the organizations they support. The U.S. CMA Certification which will now be offered across SP Jain campuses in Dubai, Mumbai, Singapore, and Sydney is a highly relevant program aimed at bridging the skills gap for young people planning a career in finance and accounting. This will allow students with a future mindset to look at finance from a much broader strategic and management perspective while also improving their expertise in financial planning, analysis, control, decision support, and professional ethics -- thereby equipping them with fundamental skills relevant for the future."

"With the technological advancements and digital transformation that lead to evolved business models, IMA is committed to supporting the needs and growth of the management accounting profession in Dubai, Mumbai, Singapore, and Sydney. As the demand for skilled management accountants is increasing in these regions, this partnership will provide a platform to empower finance students to be equipped with the latest skills and relevant tools to be future-ready. Through this program, students will be able to acquire the U.S. CMA certification while still completing their studies, thus improving their employability and experience even before they graduate. This will encourage students to nurture their skills at the university level while preparing for a future career in finance and accounting. IMA will also support SP Jain's application to the IMA Higher Education Endorsement Program, which will facilitate further training opportunities for students," said Dr. Josh Heniro, Ph.D., Senior Director, Southeast Asia and Australasia at IMA.

Speaking about the mutual agreement, Dr. Arindam, SP Jain said, "We welcome this partnership between two highly established organizations in the knowledge and education space. What sets us apart is our relentless focus on providing modern, relevant and practical global business education to students across our global campuses. Our partnership with IMA furthers this objective and the U.S. CMA certification course will go a long way in preparing students for the finance and accounting roles of the future."

The U.S. CMA certification course is suitable for accounting and finance professionals at all levels - from young executives planning to advance their career to experienced decision makers looking to improve their data analysis skills and obtain an advanced professional certification. The course is designed to build the individual's technical management accounting skills and knowledge to ensure the development of a workforce that is prepared for roles and demands that are critical to professionals in today's economy.


IMA®, named the 2017 and 2018 Professional Body of the Year by The Accountant/International Accounting Bulletin, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking and advocacy of the highest ethical business practices. IMA has a global network of more than 125,000 members in 150 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/India. For more information about IMA, please visit


SP Jain is an Australian business school with campuses in Mumbai, Dubai, Singapore and Sydney. The School offers a plethora of undergraduate, postgraduate, professional and doctoral programs with a motive of crafting leaders for the 21st century workplace. Their full-time MBA and Global MBA programs have significant recognition as evinced through global rankings.

  • Forbes: Top 15 Best International 1-year MBAs (2019-21)
  • Times Higher Education-Wall Street Journal: Top 5 Best International 1-year MBAs (2018)
  • Forbes: Top 20 Best International 1-year MBAs (2017-19)
  • The Economist: Top 100 Full-Time MBAs worldwide (2015)
  • Forbes: Top 10 Best International 1-year MBAs (2015-17)
  • Forbes: Top 20 Best International Business Schools (2013-15)
  • Financial Times: Top 100 Global MBA programs (2011 and 2012)

SP Jain is registered as a Higher Education Provider in Australia. Upon graduation, students receive a degree conferred by SP Jain School of Global Management, Australia. SP Jain's world-class business courses are accredited by the Department of Education/Tertiary Education Quality and Standards Agency (TEQSA), Australia, and licensed by the Council of Private Education, Singapore and the Knowledge and Human Development Authority, Dubai.

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