IIM Indore, ACCA sign MoU to launch joint academic programme in accountancy
ACCA will work with IIM-I to cultivate a culture of innovation and research in field of accounting and finance, contributing to advancements in profession.
ACCA (the Association of Chartered Certified Accountants) has partnered with Indian Institute of Management (IIM) Indore for enhancing professional opportunities, and fostering excellence in fields of accountancy and finance.
“This collaboration aims to leverage the strengths of both institutions to benefit their members and broader community of accountancy professionals. IIM Indore and ACCA will create a powerful network that fosters innovation, knowledge sharing, and best practices in the industry,” reads a release issued by ACCA.
Prof. Himanshu Rai, Director at IIM Indore, said: “We at IIM Indore are delighted to collaborate with ACCA, a globally respected professional accountancy body, to bridge academic excellence with global industry practices. This partnership reflects our commitment to shaping future-ready leaders who can excel in the dynamic world of finance and accounting. By integrating ACCA’s global perspective with IIM Indore’s academic rigor, we aim to create transformative learning opportunities, foster innovation in accountancy education, and contribute to the development of professionals with lasting impact.”
Commonly asked questions
IIM Indore Doctoral Programme in Management (DPM) is currently offered across the following specialisations:
- Communication
- Economics
- Finance & Accounting
- Humanities and Social Sciences
- Information Systems (Information Systems Management, Emerging technologies, and Data Science / Analytics)
- Marketing Management
- Operations Management and Quantitative Techniques (Operations Management, Operations Research, Statistics and Mathematics)
- Organisational Behaviour and Human Resource Management
- Strategic Management (Strategic Management, International Business and Entrepreneurship)
For IIM Indore MBA admission, the course fee is INR 24 lakh to be paid in six equal instalments. This doesn't include other components. Given below is the fee structure of IIM Indore MBA fees, as per the official website for the 2026-28 batch:
| Components | Amount (2026-27) | Amount (2027-28) |
|---|---|---|
| Course Fee | INR 1,200,000 | 1,200,000 |
| Alumni Fee GST @ 18% | -- | 11,800 |
| Refundable Caution Deposit | INR 50,000 | -- |
| Mess Deposit | INR 54,000 | -- |
| Grand Total | INR 13,04,000 | INR 1,211,800 |
Find below IIM Indore fee for all courses as per an unofficial source:
| Course Name | Total Tuition Fee |
|---|---|
| PGP | INR 17.2 Lacs - INR 20 lakh |
| EPGP | INR 7.50 Lacs - INR 17.60 lakh |
| FPM | INR 9,80,000 lakh |
| Certificate | INR 90,000 - INR 2.5 lakh |
As a part of this MoU, both bodies will collaborate to facilitate academic collaboration through joint academic programs, workshops, and seminars. Additionally, ACCA will also implement joint initiatives for professional development, including train the trainer and faculty development sessions. Furthermore, ACCA will work together with the institute to cultivate a culture of innovation and research in the field of accounting and finance, contributing to the advancements in the profession.
Md. Sajid Khan, Director- India, ACCA, said: ‘Our partnership with IIM Indore marks a significant milestone in our commitment to developing the next generation of Indian accounting and finance professionals. This collaboration underscores our dedication to equipping students with future-ready skills, offering a globally recognized qualification pathway, and fostering a culture of innovation in accountancy education. Together, we're building accountancy capacity in India so that businesses, the public sector and our economy have access to skills and expertise to thrive.’
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Abhay Anand is an experienced education journalist with over 15 years in print and digital media. Currently serving as Manager- Editorial at Shiksha.com, he specializes in higher education policy, student mobility,
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