As a result of this alliance, BS Accounting & Finance graduates (4 year programme) from IBA will have a unique opportunity to pursue Chartered Accountancy studies with an exemption of 4 modules (12 subjects) from CA curriculum.
This will be the first time that ICAP will give an exemption to any university.
By virtue of this arrangement, the IBA will give a novel option to its students whereby their academic degree will lead to a strong professional qualification and ICAP will recruit quality graduates with university exposure and sound academic background.
This is a remarkable alliance between a top ranking business school and the leading accountancy body of the country and will make a positive contribution to the economic and business sector of Pakistan.
The agreement will be signed by Dean and Director IBA Dr Ishrat Husain and President ICAP Mr Ahmad Saeed at the IBA main campus, university road, Karachi on Feb12, 2013.