Partnership with UIU

 

Salient Features of the ICMAB – UIU Partnership

 

Memorandum of Agreement (MoA) Between the Institute of Cost and Management Accountants of Bangladesh (ICMAB) and the United International University (UIU) is signed on the 2nd day of October 2023.

Check your eligibility for the UIU offers

It is the intention of the two parties mentioned above to build up a strategic alliance and tie between them to co-operate each other through recognizing students of both the organizations to offer accelerated path to earn respective degrees. The parties intend to work together for further improving the education, undertaking collaborative research, organizing joint programs and exploring other opportunities within the core area of business of both the organizations. As per the MoA, ICMAB students/members could obtain BBA/MBA degree from UIU through following accelerated route.

 

BBA FROM UIU

This offer is specially designed for students who enrolled with ICMAB after passing HSC or equivalent exams through Intermediate Entry Route (IER) or non-business academic background students enrolled with ICMAB under Graduate Entry Route (GER). ICMAB students may obtain BBA degree major in Accounting Information Systems (AIS) or major in any other area.  

To obtain BBA from UIU, one shall complete 41 courses and an internship. As per the MoA, UIU offers ICMAB students/members course waiver and credit transfer facility for the BBA degree based on their CMA completion status. For the waived courses, ICMAB students will get ‘Waived’ grade in the BBA transcript. However, for the credit transfer courses, BBA transcript will report a grade finalize by an equivalence committee formed for the purpose. ICMAB will provide student transcript to the equivalence committee to identify relevant ICMAB courses and to finalize the grades for the credit transfer courses.

 

  • ICMAB Students aspire for BBA major in AIS

Under the MoA, 41 courses (122 credit hours) have been grouped into three categories, namely, waived courses (21 courses out of 41), Credit Transfer Courses (10 courses out of 41) and compulsory courses (10 courses out of 41). Compulsory courses (and an internship) are required for all, but the waived courses and credit transfer courses depends on the CMA completion status of an ICMAB student. A course mapping in this regard is presented below:

     

    Equivalent UIU Courses

Foundation Level Completed

  
 		 Waived courses:
1.      Introduction to Business
2.      Basic Mathematics
3.      Principles of Accounting
4.      Basic Statistics
5.      Principles of Management
6.      Mathematics for Business Decision
7.      Micro Economics
8.      Macro Economics
9.      Business Communication

Intermediate Level I Completed

  
 
 
 		 Waived courses:
10.      Intermediate Accounting
11.      Commercial & Industrial Laws
12.      Cost Accounting
13.      Fundamentals of Management Information Systems
14.      Accounting Information Systems
15.      Introduction to Marketing
16.      International Business
Intermediate Level II Completed  
 
 		 Waived courses:
17.      Computer Application in Business
18.      Theory & Practice of Taxation
19.      Principles of Auditing
20.      Principles of Finance
21.      Management Accounting-I
Advanced Level I Completed  
 
 		 Credit transfer courses:
22.      Advanced Accounting-I
23.      Advanced Accounting- II
24.      Managerial Finance
25.      Corporate Law & Secretarial Practice
26.      Management Accounting-II
Advanced Level II Completed  
 		 Credit transfer courses:
27.      Tax Accounting & Tax Planning
28.      Advanced Accounting-III
29.      Management Audit and Audit Standards
30.      Corporate Financial Reporting
31.      Strategic Management

 

  • ICMAB Students aspire for BBA major in area other than AIS

Under the MoA, 41 courses (122 credit hours) have been grouped into two categories, namely, waived courses (20 courses out of 41), and compulsory courses (21 courses out of 41). Compulsory courses (and an internship) are required for all, but the waived courses depends on the CMA completion status of an ICMAB student. A course mapping in this regard is presented below:

    Equivalent UIU Courses
Foundation Level Completed  
 
 
 
 		 Waived courses:
32.      Introduction to Business
33.      Business Mathematics I
34.      Financial Accounting I
35.      Business Statistics I
36.      Principles of Management
37.      Business Mathematics II
38.      Micro Economics
39.      Macro Economics
40.      Business Communication
Intermediate Level I Completed  
 
 
 		 Waived courses:
41.      Financial Accounting II
42.      Business Law
43.  Introduction to Marketing
44.  Computer Applications
45.  Fundamentals of Management Information Systems
46.  International Business
Intermediate Level II Completed  
 
 		 Waived courses:
47.      Principles of Finance
48.      Management Accounting
49.      Production & Operations Management
Advanced Level I Completed  
 
 		 Waived courses:
50.      Managerial Finance
Advanced Level II Completed  
 		 Waived courses:
51.      Strategic Management

 

MBA FROM UIU

This offer is specially designed for ICMAB members and ICMAB GER students. As per the MoA, UIU offers ICMAB students/members course waiver and credit transfer facility for the MBA degree based on their CMA completion status. For the waived courses, ICMAB students/members will get ‘Waived’ grade in the MBA transcript. However, for the credit transfer courses, MBA transcript will report a grade finalize by an equivalence committee formed for the purpose. ICMAB will provide student transcript to the equivalence committee to identify relevant ICMAB courses and to finalize the grades for the credit transfer courses.

 

  • ICMAB Members aspire for MBA in Professional Accounting

Under the MoA, UIU School of Business and Economics will waive 10 courses and allow credit transfer facility to another 2 courses to ICMAB members as per the course mapping below. Members of ICMAB shall be awarded MBA in Professional Accounting on completion of remaining 8 courses including consultancy project/dissertation (total 24 credit hours) from UIU in approximately two trimesters.

Waived Courses (30 credit hours)

1.      Business Communication
2.      Financial Accounting
3.      Business Mathematics
4.      Applied Business Statistics
5.      Management and Organization Behavior		 6.      Business Law
7.      Micro Economics
8.      Macro Economics
9.      Managerial Finance
10.    Managerial Accounting

 

Credit Transfer Courses (6 credit hours)

1.      Advanced Managerial Accounting & Control System
2.      Advanced Financial Accounting I		  

 

Courses to be completed [7 courses plus Consultancy project/dissertation]

Compulsory Courses
1.      Human Resource Management
2.      Strategic Management
3.      Marketing Management
4.      Advanced Financial Accounting II
5.      Consultancy project/dissertation
 		 Any three of the following courses
1.     Accounting Information Systems and Practices
2.     Advanced Auditing and Assurance
3.     Corporate Governance
4.     Corporate Financial Reporting & IFRSs
5.     Accounting Theory
6.     Corporate Tax Accounting & Planning
7.     Cases in Accounting
8.     Financial Statement Analysis

  • ICMAB Students aspire for MBA in Professional Accounting

ICMAB students who have admitted through Graduate Entry Route (GER) may opt for MBA in Professional Accounting from United International University. In such case, ICMAB students can apply for admission at MBA Program of UIU on completion of Foundation Level from ICMAB. The students of ICMAB shall get waiver of 8 courses out of 20 courses. On completion of other 12 courses including consultancy project/dissertation, they shall be awarded MBA in Professional Accounting from UIU. In addition, these students after completing Intermediate Level I or Intermediate Level II may pursue MBA in Professional Accounting on completion of minimum 8 courses (instead of 12 courses) based on the decision of the Equivalence Committee. The mapping of the courses is given below.

ICMAB Foundation level completed students

(Applicable to those students who has been admitted through GER)

Waived Courses (24 credit hours):

1.      Business Communication
2.      Financial Accounting
3.      Business Mathematics
4.      Applied Business Statistics		 5.      Management and Organization Behavior
6.      Human Resource Management
7.      Micro Economics
8.      Marketing Management 

 
Courses to be completed

Level 1   Level 2
1.      Managerial Accounting
2.      Advanced Financial Accounting I
3.      Macro Economics
4.      Business Law		   1.         Advanced Financial Accounting II
2.        Advanced Managerial Accounting & Control System
3.        Strategic Management
4.        Managerial Finance
Level 3 [any three of the following courses plus Consultancy project/dissertation]
1.        Accounting Information Systems and Practices
2.        Advanced Auditing and Assurance
3.        Corporate Financial Reporting and IFRSs
4.        Corporate Governance		   5.        Accounting Theory
6.        Corporate Tax Accounting & Planning
7.        Cases in Accounting
8.        Financial Statement Analysis

 

Note: Completing Intermediate Level I or Intermediate Level II may provide more waiver facility which depends on the decision of the Equivalence Committee.