IMA Expands Influence in India Signs New Strategic Partners and Launches Eight New Chapters
Tuesday, April 7, 2015
Stern + Associates
Stern + Associates
MONTVALE, N.J. – To provide training and certification tools for a growing group of accounting and finance professionals in India, IMA® (Institute of Management Accountants) has announced a partnership agreement with John Wiley and Sons, Inc. (Wiley), publisher of the CMA Learning System (CMALS), and Miles Professional Education (Miles), a major professional certification course provider in India. Under the agreement, Miles commits significant resources to support live training for management accountants preparing to take IMA’s Certified Management Accountant (CMA®) exam using Wiley’s CMALS.
IMA’s globally recognized CMA credential is an advanced assessment of accounting and financial management knowledge in four critical areas: financial planning, analysis, control and decision support. The two-part exam is offered through Prometric testing centers across India and throughout the world.
“As local economies grow, so, too, does the demand for highly qualified management accountants,” said Jim Gurowka, CAE, IMA vice president of international development. “This new partner agreement solidifies IMA’s commitment to the region and reinforces our dedication to supporting careers, organizations and the public interest.”
Beginning this spring, Miles offers an eight-week, instructor-led course to prepare management accountants for the exam. The courses, available in eight cities across India, provide 60 hours of training on exam content, guidance for taking the test and career counseling.
“We at Miles recognize a great opportunity for management accountants in India with the recent government focus on economic development and growth,” said Varun Jain, CMA, CPA, CEO, Miles Professional Education. “The availability of the CMA credential will enable a highly qualified workforce and enhance performance of organizations.”
“Wiley’s global success in providing best-in-class professional educational products and services is underpinned by collaborative relationships. As such, we are proud to cement this important initiative with our longstanding partners at IMA and Miles,” said David Pugh, executive publisher and senior vice president at John Wiley and Sons U.S. headquarters.
Vikas Gupta, managing director of Wiley India, added: “This partnership underscores Wiley’s commitment to support individuals around the world pursuing globally relevant professional certifications, such as the U.S.-based CMA. The planned coursework will allow undergraduate and post-graduate students to sit for the exams in parallel with their college coursework. The CMA also helps working professionals take their careers to the next level through a cost-effective path. The preparation of CMA professionals also fits perfectly with the national skill-development agenda of India, which Wiley has always championed.”
Local Chapter Network Expansion
In tandem with this announcement, IMA has expanded its international chapter roster by adding eight new local chapters in India: Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Delhi, Mumbai and Pune. IMA also has an active Mutual Recognition Agreement with the Institute of Cost Accountants of India (ICAI).
“IMA strongly believes in delivering the best in localized programs and services. Our new network of chapters in India and expanded CMA program support will help meet the specific needs of professionals in the region,” said IMA’s Gurowka.
For more information on IMA’s regional chapters, visit http://www.imanet.org/groups-networking/regional-councils-chapters.
About IMA® (Institute of Management Accountants)
IMA®, the association of accountants and financial professionals in business, 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 75,000 members in 140 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/Africa. For more information about IMA, please visitwww.imanet.org.
About John Wiley and Sons, Inc.
Wiley is a global provider of knowledge and knowledge-enabled services that improve outcomes in areas of research, professional practice, and education. Through the Research segment, the Company provides digital and print scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising. The Professional Development segment provides digital and print books, online assessment and training services, and test prep and certification. In Education, Wiley provides education solutions including online program management services for higher education institutions and course management tools for instructors and students, as well as print and digital content.