ICAI and CBSE Join Hands to Enhance Skill-Based Accounting Education

ICAI CBSE Collaboration: The Institute of Chartered Accountants of India (ICAI) has partnered with the Central Board of Secondary Education (CBSE) to introduce commerce-based skill courses tailored to align with industry demands. This collaboration aims to equip students with industry-relevant skills, enhancing their employability in sectors like Banking, Financial Services, and Insurance (BFSI).

ICAI CBSE Collaboration

Key Highlights of the Collaboration

Focus on Skill Development and Employability

The primary objective of this partnership is to design specialised courses that align with industry requirements. Through this initiative, ICAI and CBSE will work together to:

  • Enhance students’ skills in commerce and accounting.
  • Promote courses relevant to the BFSI sector.
  • Bridge the gap between academic learning and professional skills.
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ICAI’s Contributions

ICAI will play a significant role in:

  • Developing course content, syllabus, and study materials.
  • Providing training modules for educators and career guidance for students.
  • Conducting awareness programs to highlight the importance of commerce-based skill education.

Capacity Building for Educators

CBSE, in collaboration with ICAI, will organise capacity-building initiatives for teachers of commerce-related subjects. These programs aim to:

  • Equip teachers with the knowledge and skills required to teach the new courses effectively.
  • Promote awareness among school principals, teachers, and management teams of CBSE-affiliated schools about these courses.

Broader Impact of ICAI’s MoUs

ICAI’s collaboration with CBSE is part of its broader mission to promote commerce-based skill development. The institute has previously entered into 85 MoUs with various universities, colleges, and educational organizations, emphasizing its commitment to bridging the gap between academia and industry.

Leadership Insights

Reflecting on the collaboration, CA Ranjeet Kumar Agarwal, President of ICAI, stated:

“Through this collaboration, ICAI aims to promote commerce-based skill courses and ensure that students are equipped with relevant, industry-aligned competencies. This partnership reflects our commitment to bridging the gap between academic learning and professional requirements.”

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Preparing Students for Future Opportunities

This initiative is a step forward in making students career-ready by focusing on skill-based learning in commerce and accounting. With a strong emphasis on industry alignment and educational collaboration, the partnership is poised to benefit students, educators, and the industry at large.


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