The Institute of Chartered Accountants of India (ICAI), through its Committee on Career Counselling, signed a Memorandum of Understanding with the Department of Skill Education, Central Board of Secondary Education (CBSE) in Bhubaneswar, Odisha, to promote commerce-based skill courses for students across the country.
The ICAI-CBSE alliance aims to enhance commerce-related skills, particularly in BFSI. The partnership’s priority will be improving students’ abilities and employability through specialized courses designed to meet industry standards.
Under this collaboration, the ICAI will provide expert advice on course content, syllabus development, study materials, training modules, and career planning. The Institute will also conduct enrichment activities and participate in CBSE-organized workshops and training sessions, focusing on informing educators and students about career options in accounting and related sectors.
ICAI President, CA. Ranjeet Kumar Agarwal commented on the partnership:
The signing of this MoU with CBSE is an important step toward improving the skill development environment for students nationwide. ICAI aims to promote commerce-based skill training through this relationship and provide students with relevant, industry-aligned competencies. This partnership demonstrates our dedication to closing the gap between academic learning and professional requirements, and we are certain that it will provide new opportunities for students to pursue promising careers in accounting and finance.
As part of this cooperation, the ICAI and CBSE will jointly conduct awareness programmes for school principals, teachers, and management teams in CBSE-affiliated schools across India. The programmes will encourage commerce-based skill training in the BFSI industry while emphasizing the importance of these courses in students’ professional development. Furthermore, CBSE will organize capacity-building initiatives for commerce-related topic instructors to equip them with the skills and knowledge required to teach these courses effectively.
The Institute actively engages in collaborative endeavours with educational institutions, and it has signed 85 Memorandums of Understanding with many universities, colleges, and educational organizations. These agreements encourage academic performance, research innovation, and knowledge exchange, culminating in the creation of a highly skilled and educated workforce.
