From left: CMA Consultant Kosala Dissanayake, CMA CEO Kanishka Jayasinghe, CMA Vice President H.M. Hennayake Bandara, CMA President Prof. Lakshman R. Watawala, SLIM President Pradeep Edward, SLIM Vice President Suranjith Swaris and SLIM CEO Sanath Senanayake
Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) signed a Memorandum of Understanding with Sri Lanka Institute of Marketing (SLIM) to pursue opportunities for collaboration for CMA members and SLIM members to create synergy among finance and marketing professionals.
The MOU enables students and members of CMA and SLIM to follow the study programs of CMA and SLIM with several concessions such as subject exemptions.
This would enable the students and members of CMA to obtain qualification in marketing while members and students of SLIM can obtain a management accounting qualification and become professionals in financial and non-financial fields simultaneously. This increases their value and open more doors for the employment opportunities in the market in diversified fields.
The MoU is designed to mutually and constructively benefit both management accounting and marketing education in Sri Lanka. It allows members of both institutes to draw advanced and contemporary knowledge from workshops, seminars and international academic and professional events organised by CMA and SLIM to develop the competencies in management accounting, finance and marketing disciplines.
Several other important clauses with regard to scholarships and joint research programs are included in the MoU and will be beneficial to the undergraduates.
The MoU was signed at CMA office on 29 November. CMA President Prof. Lakshman R. Watawala and SLIM President Pradeep Edward together with Vice Presidents, CEOs and high-ranking officials of the both institutes participated at the ceremony.