Partnership with EWU
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) and the East West University (EWU) have reached a significant milestone in their commitment to academic excellence and professional advancement in accounting. On Tuesday, February 6, 2024, a Memorandum of Understanding (MoU) was officially signed at the EWU BBA Seminar Room, marking a new era of collaboration and opportunity for students and professionals. The MoU was signed by Prof. Dr. Md. Salim Uddin FCA, FCMA, President of ICMAB, and Prof. Dr. Mohammad Ashik Mosaddik, Pro-Vice Chancellor of EWU, in a ceremony witnessed by key representatives from both institutions. Among the attendees from ICMAB were Mr. Md. Akhtaruzzaman FCMA, Vice President; Mr. Abdul Matin Patwary FCMA, Treasurer; Prof. Dr. Mohammad Zakaria Masud FCMA, Director of Academic Affairs Division, and Mr. Abdul Maleque, Additional Director and Head of Education Department. Air Cdre (Retd) Ishfaq Ilahi Choudhury, Treasurer, Prof. Dr. Farhana Ferdousi, Chairperson, DBA, Prof. Dr. Anup Chowdhury, and Prof. Dr. Nikhil Chandra Shil FCMA of EWU witnessed the ceremony.
This agreement paves the way for EWU students and graduates to benefit from course exemptions and admission scholarships when pursuing the CMA program. The collaboration extends beyond these benefits, with ICMAB and EWU committing to work together in areas that align with their core business interests. During the ceremony, the Pro-Vice Chancellor of EWU, Prof. Dr. Mohammad Ashik Mosaddik, expressed his gratitude towards ICMAB and encouraged faculty members to nurture this partnership through innovative activities. ICMAB President, Prof. Dr. Md. Salim Uddin, lauded EWU for their cooperation and emphasized the partnership’s role in promoting excellence, innovation, and advancement in the accounting profession. The initiative was praised by all participants who agreed to actively work towards fulfilling the objectives set out in the MoU.
MoU Summary
ICMAB’s Offer for East West University (EWU) Graduates
This offer is effective from the 6th day of February 2024
ICMAB COURSE WAIVER FOR EWU BBA GRADUATES
EWU 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 EWU 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 EWU with minimum average GPA of 3.20 in a 4-point scale.
Table 1: ICMAB exemption policy for EWU BBA graduates
| ICMAB courses subject to exemption for EWU BBA graduates | |||
|
BBA graduates from EWU 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]
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| 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) 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 | EWU Equivalent Course Code | ||
| FR111 | ACT 101, ACT 411, ACT 421 | ||
| TA112 | MAT 110, ECO 104, ECO 204 | ||
| EF113 | ECO 101, ECO 102, ITB 301 | ||
| MS114 | MGT 101, BUS 231 | ||
| TA223 | CSE 101, MIS 101, MIS 305 | ||
| MS224 | MKT 101, MGT 307 | ||
ICMAB ADMISSION SCHOLARSHIP FOR EWU GRADUATES
EWU 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 EWU 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% |