Not figuring out the best way to write a requirement draft or what an expense assertion audit entails are a couple of of the real-world issues which commerce graduates should face, owing to the hole between idea classes and sensible purposes.
Finding a option to bridge the identical, the Savitribai Phule Pune University (SPPU) has signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of India (ICAI) to impart job abilities to their college students.
SPPU Vice Chancellor Dr Nitin Karmalkar mentioned that that is additionally one other option to counter the approaching placement season, which is anticipated to be slower this 12 months.
“The commerce faculty makes up forty percent of our students. We will have placements coming up and we all are anticipating a slowdown there, given the current job market conditions. Hence, we have recently signed a lot of MoUs with organisations for internships and job-related courses… They will help give an edge to our students. Often we see that commerce graduates don’t even know the basics of banking, accounts and such. The ICAI has a country-wide network of professionals and getting our students placed under practising CAs will open more doors for them, ” he mentioned.
Besides offering college students with internship alternatives, the MoU goals at offering skill-oriented training to college students, conducting college growth packages for employees and enhancing talent units of scholars by webinars and seminars.
CA Nihar Jambusaria mentioned that whereas the MoU will assist college students work in firms whereas studying, it is going to additionally assist practising CAs in pursuing submit doctoral training.