Ibas Upskills - Training Programs 2013

7/27/2019 Ibas Upskills - Training Programs 2013

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IBAS UPSKILLS

INTERNATIONAL BUSINES ACCOUNTING SCHOOL

In the business of

Grooming Global Business Leaders

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Contents

Content Slide No.

Background 3

Employability 4

Impact on Key Stakeholders 5-6

Solution, or the way forward 7 IBAS Upskills Objectives 8

Our current courses 9

Differentiator Why IBAS 10

Global demand 11-12 List of clients 13

CIMA/ ACCA/ IFRS in news 14

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Background

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3.5

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2009 2010

1.85

3.7

Graduates passing out (in millions)

India continues to

churn out a largenumber of

graduates in

various disciplines

every year. The

number of

graduates coming

out of the

universities has

virtually doubled

in the past decade.3


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Employability

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30

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5060

70

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100

Engg graduates Other graduates

100 100

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Only around 25%of the engineering

graduates are

considered jobworthy, while

barely 10-15% of

other graduates

are directly

employable.

Source : NASSCOM report

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Impact on Key Stakeholders

From the employees perspective Employeescontinue to hold unfulfilled expectations like

promotion, better pay, global position etc .

Disgruntled staff seek opportunities elsewhere,

and management ends up retrenching staff it

can not carry forward due to conflict of vision.

Either way, costs escalate.

The challenge for Management It has todepend on a not too satisfied human capital for

continuity and growth.

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Impact on Key Stakeholders contd..

Most companies have not computed the truecost of re-recruitment, re-induction and re-

training of replacement employees which are

as high as 29% for non-managerial level and for

managerial level it is 46% of the annual salary ofthe staff being replaced. ( Source: Leadership in

Business Worldwide report, 2012)

Industry analysts predict a gradual shift to prefer

employing those who change job less often.

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Solution , or The Way Forward Imparting of Learning and Training not

only for the domain specialization but also

for corporate and enterprise leadership

becomes critical

The clich that People are the greatest

assets is no longer true. Only the right

people are the assets.

Homegrown or in-house talent

encouraged through the right training is

more cost effective, and invokes loyalty

within team and its members

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IBAS UPSKILLS - Objectives

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80

100

Engg

graduates

Other

graduates

100 100

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100 100

IBAS UPSKILLS Program is

designed for companies toready its leadership team

through effective delivery of

proven courses that interface

academics with practice inindustry. Anyone and everyone

can be job-ready and role-ready,

with the right education. The

IBAS Upskills program helps in

enhanced

Learnability

Employability 8


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Current Courses

Name of Course Module coaching

Course Duration ( 4 months each)

CIMA(5 levels) 1.5 to 3 years Weekends

ACCA(4 levels) 2.5 to 3 years Weekends

IFRS 4 months Weekends

MABA 4 months Weekdays(MABA, or Management Accounting for Business Analysis is a program

created by IBAS for Analysis of Business data for decision-making)

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Aspects of Course Delivery Critical thinking and reasoning - Using

business evidence. Interpreting and writing skills Conceptual knowledge Discuss current business and accounting

issues Learning to learn -Research skills No one answer? Judgment skills Mastery of key concepts of Management,

Financial Reporting, Financial Economics,

Costing and Pricing, Future Trends, BusinessEthics etc.

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o a eman or ua e nance anManagement Professionals

(Source: ACCAs report -Accountancy: The future

outlook)

Buoyant demand for qualified accountants in the

short term

Higher need for accountants in developingeconomies such as China, India & the Middle East

The environment for accountancy becoming

increasingly complex, due to additional regulatory

burdens, global competition, and innovation inbusiness finance and transactions

most important financial skill expected to be in

greater demand was enterprise risk management,11


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Global Demand for Qualified Finance and

Management Professionals

Contd..

Other skills required by managerial accountants -

strategic scenario planning, and skills in improving

the use of data or knowledge

(The report was based on a telephone survey of over 750 CFOs, partners andsenior accountants,across business sectors, across three continents, in

eight countries: Malaysia, UK, Ireland, Singapore, Zambia, Hong Kong, Sri

Lanka and South Africa. Respondents were from the following business

sectors: 40 per cent public practice, 40 per cent corporate sector, and 20 percent public sector.)

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List of Clients (Illustrative)

TESCO A team of Managers are undergoing CIMAtraining with us.

LAPP India Members of enior finance team includingVP, Finance have completed IFRS training with us.

Executives from Wipro, Oracle, Accenture,

IBM, PwC GoldmanSachs, and many other companiesare training with us for CIMA and ACCA.

Overseas students from London School of Economics,SriLanka, Zambia and Rwanda are training with us.

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CIMA / ACCA/ IFRS in news

http://www.cimaglobal.com/About-us/Press-office/Press-releases/Press-releases-2009/November/World-Bank-agreement-for-accountants-to-be-trained-in-CIMA-qualification/

IFRShttp://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/EXTCENFINREPREF/0,,contentMDK:22899662~pagePK:64168445~piPK:64168309~theSitePK:4152118,00.html

ACCA -http://sites.uom.ac.mu/wtochair/Conference%20Proceedings/23.pdf

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Thank you

International Business Accounting SchoolDiv of iBAS Consulting Private Limited

3rd

Floor, Tamil Sangam Building,#59, Annaswamy Mudaliar Road, Ulsoor,Bangalore 560042. www.bas-corp.comPh: +91 9900058103 / Email: [email protected]

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Ibas Upskills - Training Programs 2013