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CIMA and KAZGUU University launch first-class cooperation programme to train future finance leaders

29 September, Nur-Sultan/London — The Chartered Institute of Management Accountants (CIMA) and KAZGUU University have formally agreed to work together to train and grow the number of internationally recognised finance professionals in Kazakhstan. This first-of-its-kind-partnership marks a remarkable milestone for both organisations amid the COVID-19 crisis and disrupted global environment.

With finance professionals playing an increasingly demanding role in driving business decision making, building trust and maximizing the performance of organizations, it is important that Kazakhstan develops its future talent pool of internationally recognised qualified management accountants to the economy grow nationally and internationally.

The cooperation programme with the world’s largest body of management accountants (CIMA) is open to almost 600 students pursuing the undergraduate degrees in Accounting and Audit, Finance, Economics, and Management. From now on they can take advantage of the special conditions for obtaining the international CIMA Certificate in Business Accounting (CertBA). Based on their university courses, the students will be exempted from taking three out of four CertBA exams. Further, after passing just one CIMA CertBA exam in English, students will be able to obtain an international certificate and proceed to the CIMA Professional Qualification.  

This initiative will also connect students and the university with the Association of International Certified Professional Accountants, the global accounting organisation formed by CIMA and the American Institute of CPAs (AICPA), and its 650,000 students and members worldwide.

Vadim Bozhenik, Head of CIMA Eurasia, said “Growing the number of qualified management accountants is important for all economies as it drives prosperity, trust and opportunity. We are glad that now KAZGUU graduates will be able to join the international community of CIMA students and have the opportunity start their pathway to earning the coveted Chartered Global Management Accounting (CGMA) designation. The KAZGUU team is also taking part in the CGMA Emerging Leaders Competition 2020. I wish them good luck in their preparation and top results for this too!"

Lyazzat Khairullina, Vice Dean for Graduate Studies at KAZGUU University, said “The cooperation with CIMA is not just the recognition of our academic programs by the global professional community. It makes our students highly competitive both locally and globally. I would like to thank our mentors, Bakhytgul Turlubayeva and Zhanar Aldambergenova, for their contribution in coaching the participating teams, as well as Vadim Bozhenik and Tatiana Degtereva for supporting our students. Wish you the best of luck in the next stages of the game for the KAZGUU team!"