KARACHI: The Institute of Business Management (IoBM) has been recognized as a Relevant Degree Awarding Institute (RDAI) by the Institute of Chartered Accountants of Pakistan (ICAP). IoBM becomes the first business school of Pakistan to have been bestowed with this status.
As an RDAI, IoBM graduates of BS Accounting, Management, and Law (BS-AML) will be exempted from several ICAP examinations. This will provide the graduates with a head-start while pursuing their higher education at the ICAP. Present on this occasion were IoBM's Talib S. Karim, President; Dr. Syed Irfan Hyder, Rector; Sartaj Qasim, HoD, Commercial and Professional Studies; along with HoDs, faculty members and management.
Representing the ICAP were Khalilullah Shaikh, President; Farrukh Rehman, Chairman ETCOM; Syed Najmul Hasan, Council Member; Syed Masood Akhtar, Secretary ICAP; Omair Jamal, Senior Director; and Salman Abbasi, Deputy Director Training. Khalilullah Shaikh presented the RDAI certificate to Talib Karim.
During his speech, Talib Karim said that it is a momentous occasion for the IoBM to be recognized by the ICAP as an RDAI. He appreciated the ICAP's decision to provide the IoBM's graduates with exceptions in CA examinations. Talib Karim said that the BS-AML program at the IoBM was the third most popular program.
It attracts those students who envision themselves becoming a chartered accountant. He was confident that the ICAP-IoBM partnership would augment academia-industry linkages. M Khalilullah Shaikh said that the ICAP and the IoBM could collaborate in various domains especially in producing quality research and in professional development.
The dedicated leadership and learned faculty of both these institutes would play an instrumental role in this regard. He said that the ICAP was a trusted body when it came to conducting meticulous research in accounting and finance. While addressing the audience, Dr Syed Irfan Hyder, Rector IoBM, stressed the need for students to complete an apprenticeship.-PR
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