ACCA (the Association of Chartered Certified Accountants) recently signed a Memorandum of Understanding (MoU) with CII (Confederation of Indian Industry) to promote excellence in the sphere of higher education and support university-industry linkages for better human resource and research. The MoU was signed by Anjan Das, executive director, CII and lucia Real-Martin, director — emerging markets (Asia), ACCA.
The MoU aims for enhancing the availability of skilled workforce in the country by raising awareness among the academia to collaborate with the industry. A closer collaboration between industry and institutions of higher education will ensure better skill sets and job-oriented training for students.
Following this agreement, CII, a non-government, not-for-profit, industry-led and industry-managed organisation and ACCA, a global body for professional accountants, agreed to develop framework to measure industry linkages with academic institutions to improve the quality of higher education and match the needs of the business and corporate recruiters. linking education with the business needs is a crucial step which needs to remain at the forefront to motivate the students and enhance their leadership skills.