ICAEW

ICAEW

CUD’s Bachelor of Business Administration in Accounting and Finance has been officially awarded accreditation by the prestigious Institute of Chartered Accountants in England and Wales (ICAEW). 

CUD’s partnership with ICAEW will help to establish strong partnerships with industry professionals and employers, leading to increased opportunities for internships and job placements for our students. This can ultimately result in higher graduate employability rates and positive feedback from alumni, further bolstering the university’s reputation and standing within the academic community. 

About the Institute of Chartered Accountants in England and Wales (ICAEW)

The ICAEW is a professional membership organization that supports, develops, and promotes the accountancy profession globally. Founded in 1880, ICAEW is a prestigious and globally recognized body, with a membership base of over 147,000 chartered accountants across more than 150 countries. 

The institute offers a range of qualifications, training programs, and professional development opportunities for aspiring and practicing accountants. ICAEW also plays a key role in setting industry standards, providing thought leadership, and influencing policy decisions related to accounting and finance.  

Overall, ICAEW serves as a trusted authority in the accounting profession, setting high standards of professional excellence and contributing to the growth and success of individuals and organizations. 

Overall Key Benefits

  • Being a member or student of ICAEW adds credibility to your qualifications and enhances your career prospects.
  • Access to a range of resources, including webinars and workshops to help students develop their skills.
  • ICAEW provides networking events, forums, and online platforms that allow students to connect with industry professionals, potential employers, and peers, enabling them to build valuable contacts and relationships.
  • Provides career development support, including job listings, placement opportunities, and guidance on CV writing and interview skills, helping students secure internships and graduate roles.
  • Helps students stay up to date with the latest accounting standards and regulations.
  • Encourages lifelong learning through its CPD program, which offers a range of professional development opportunities to help students enhance their skills, knowledge, and career progression.
  • Being a student or member of ICAEW allows you to use the coveted ACA (Associate Chartered Accountant) designation, which is widely recognized and respected in the accounting profession.
  • ICAEW has a global presence and offers opportunities for students to work and study abroad, providing them with valuable international experience and exposure to different business cultures.

CUD students are exempted from the following 6 courses

  • Accounting
  • Assurance
  • Business, Technology and Finance
  • Financial Management
  • Legal Environment of Business
  • Management Information

Key Benefits of Exemptions

  • Timesaving: Enables students to fast-track their ICAEW qualification, saving time in their studies.
  • Cost-saving: Reduces the overall cost as students do not have to pay exam fees for the exempted papers.
  • Accelerated progress: Enables students to progress faster, allowing them to focus on advanced subjects and specialization areas earlier in their studies.
  • Flexibility: Ensures flexibility in the study path, allowing students to tailor their studies to their strengths and interests by focusing on areas where they need to develop further knowledge and skills.
  • Recognition of prior learning: Acknowledgment of the prior qualifications and experience of students, demonstrating their proficiency in relevant subject areas and avoiding duplication of knowledge.
  • Enhanced career opportunities: Enhance the employability of students by demonstrating their advanced knowledge and skills in specific subject areas, making them more attractive to employers.
  • Competitive advantage: Provide students with a competitive advantage in the job market by offering them a quicker route to qualification, enabling them to stand out from other candidates.
  • Encourages lifelong learning: Motivates students to continue their professional development and pursue further qualifications, as they can build on their existing knowledge and skills while working towards the ICAEW qualification.