Partnership with AIUB

ICMAB signed Memorandum of Understanding (MoU) with AIUB

 

 

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) signed a Memorandum of Understanding (MoU) with the American International University-Bangladesh (AIUB) on June 4, 2024, at the AIUB Permanent Campus, located at 408/1 (Old Ka-66/1), Kuratoli Road, Dhaka-1229, Bangladesh.

Representing ICMAB, Mr. Md. Akhtaruzzaman FCMA, Vice President, and Mr. Abdul Matin Patwary FCMA, Treasurer and Mr. Md. Abdul Maleque, Additional Director of the Education Department, attended the MoU signing ceremony. AIUB was represented by Professor Dr. Saiful Islam, Vice Chancellor, and Dr. Mohammad Faridul Alam, Director of the MBA/EMBA Program, along with other faculty members from the Business Faculty.

This MoU will benefit AIUB graduates by providing course waivers and scholarships on admission costs, in accordance with ICMAB’s exemption and scholarship policies as outlined in the MoU.

Mr. Md. Akhtaruzzaman FCMA, Vice President of ICMAB, and Professor Dr. Saiful Islam, Vice Chancellor of AIUB, signed the MoU on behalf of their respective institutions. The event concluded with a gift handover and a photo session.

 

MoU Summary

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ICMAB’s Offer for the American International University – Bangladesh (AIUB) Graduates

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This offer is effective from the 4^th day of June 2024

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ICMAB COURSE WAIVER FOR AIUB BBA GRADUATES

1. AIUB BBA graduates shall enjoy the waiver facility for pursing CMA program from ICMAB fulfilling the requirements of Table 1. Moreover, students aspire to pursue CMA program simultaneously with AIUB BBA program, shall enjoy waiver of the listed ICMAB subjects (under ‘subject to subject’ waiver of table 1) if they have completed the corresponding subject(s) from AIUB with minimum average GPA of 3.20 in a 4-point scale.

 

Table 1: ICMAB exemption policy for AIUB BBA graduates

ICMAB courses subject to exemption for AIUB BBA graduates
BBA graduates from AIUB shall get waiver from the following six (6) courses of ICMAB fulfilling the required conditions: 1.      Fundamentals of Financial Accounting [FR111] 2.      Business Quantitative Analysis [TA112] 3.      Business Economics & International Business [EF113] 4.      Fundamentals of Management & Business Communication [MS114] 5.      Information & Communication Technology [TA223] 6.      Marketing & Supply Chain Management [MS224]
Exemption Type & Criteria			ICMAB Course Code
Regular Waiver
·        Graduates with minimum CGPA 3.2 in a scale of 4 shall get waiver in three subjects.			TA112, EF113, MS114
Advanced Waiver
·        Graduates with minimum CGPA 3.4 in a scale of 4 shall get waiver in five subjects.			TA112, EF113, MS114, TA223, MS224
·        Graduates (major in Accounting/Finance) with minimum CGPA 3.4 in a scale of 4 shall get waiver in six subjects.			FR111, TA112, EF113, MS114, TA223, MS224
Subject to Subject Waiver
·        Graduates failed to avail regular or advanced waiver shall be allowed to enjoy exemption benefit securing average GPA of no less than 3.20 (in a scale of 4) in the equivalent subject(s) of the BBA program as stated below.
	ICMAB Course Code	AIUB Equivalent Course Code
	FR111	BBA1103, ACT4001
	TA112	BBA1104, BBA1209, BBA2115
	EF113	BBA1211, BBA222, BBA3130
	MS114	BBA1207, BBA4136
	TA223	BBA1212
	MS224	BBA1208, BBA3128

 

ICMAB ADMISSION SCHOLARSHIP FOR AIUB GRADUATES

2. AIUB BBA/MBA graduates shall enjoy the admission scholarship facility for pursing ICMAB courses. The scholarship covers the ICMAB admission cost (i.e., Tk. 28,500) as stated in Table 2.

Table 2: ICMAB Admission Scholarship for AIUB Graduates

	Criteria	Additional requirement	Scholarship Percentage
		[Result of the Bachelor Program]
BBA Graduates	CGPA: 3.70 (for male)	–	100%
	CGPA: 3.60 (for female)	–	100%
	CGPA: 3.60 (for male)	–	50%
	CGPA: 3.50 (for female)	–	50%
MBA Graduates	CGPA: 3.80 (for male)	CGPA: 3.50 or 55% marks	100%
	CGPA: 3.70 (for female)	CGPA: 3.50 or 55% marks	100%
	CGPA: 3.70 (for male)	CGPA: 3.50 or 55% marks	50%
	CGPA: 3.60 (for female)	CGPA: 3.40 or 50% marks	50%