• IBSS builds closer ties with leading international chartered accountancy body

IBSS builds closer ties with leading international chartered accountancy body

(XJTLU, China, April 1st) Following on from the signing of a Memorandum of Understanding between International Business School Suzhou (IBSS) at Xi’an Jiaotong-Liverpool University (XJTLU) and the Institute of Chartered Accountants in England and Wales (ICAEW), the two organisations met on last Thursday to develop the details of a new MSc Professional Accounting Programme.

The visiting delegation, led by ICAEW Chief Executive, Mr. Michael Izza, together with Mr. James Lee, ICAEW Regional Director, Greater China, met with XJTLU senior management including Professor Youmin Xi, XJTLU Executive President and Professor Sarah Dixon, dean of International Business School Suzhou.

The meetings were a chance for both sides to discuss career opportunities for XJTLU students once they graduate, thus greatly enhancing the value of courses on offer at IBSS, and the importance of collaborations with world leading organisations such as ICAEW.

Scheduled for launch in September, the MSc Professional Accounting at IBSS complements an exciting range of Postgraduate courses already on offer from IBSS at XJTLU. These include MSc’s in Economics and Finance, Entrepreneurship and Innovation, Finance, Investment Management, Management, Operations and Supply Chain Management, and an International MBA for Managers.

Explaining how this course differs from the others at IBSS, Professor Dixon, said that “this degree is very practically focused and there is a lot of business engagement, supported by a global leader within the accountancy profession, ICAEW, who give us contacts with many different companies and organisations. So it is a great way to prepare our students for employment.” She continued by highlighting the cooperation as “an amazing opportunity for students to study for a high level accounting degree which is supported very strongly by ICAEW; so you’re not just studying at IBSS you’re also being supported by one of the top professional bodies in the world.”

ICAEW has sought out strategic partnerships with high class institutions such as IBSS over a decade of expansion into Mainland China. These partnerships have enabled ICAEW to access and train highly qualified ‘super graduates’ who, in turn, can benefit from ICAEW’s international network of professional, internationally qualified chartered accountants.

Speaking of their recent involvement with IBSS, Mr. Izza explained that it is “an important development for ICAEW, taking our relationship with the business school to an exciting, new level.”

Students who chose to join the MSc Professional Accounting programme not only benefit from expertise offered by ICAEW but also through collaboration with a sister programme based in London. Both engagements will provide students the necessary academic credential and ‘soft-skill’ qualities which ensure they are highly competitive in the job market and that their careers, once secured, are long and productive.

As Mr. Izza explained, students graduating from the MSc Professional Accounting programme who had different undergraduate backgrounds in a wide variety of subjects, such as engineering, marketing or business administration, would be particularly attractive to the profession as having a broader outlook and greater potential for career development. He went on to stress that students who sit and complete the ACA professional qualification and become ICAEW members “often end up as the leaders, the managing directors, the chief executives or on the board.”

ICAEW is a world leading professional membership organisation that promotes, develops and supports over 143,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.

(Reporter: Douglas Warner)