ACCA, having registered in Sri Lanka since 2002, has had an exponential growth rate of its students year on year, over the last 18 years.
With a further recent spike in demand for the qualification, ACCA Sri Lanka is now gearing themselves for an even larger market share across the country. An important part of this venture is in expanding their portfolio of quality tuition providers to deliver the qualification in keeping with the ACCA global standards.
Explaining the uniqueness of the qualification that has led to its popularity, Nilusha Ranasinghe, Head of ACCA Sri Lanka and Maldives, stated that ACCA is a fully-fledged finance and accounting qualification which is not sector driven. “The strength lies in its members and global network that is well recognized by both the industry and employers. The qualification gives a complete overview of finance management, covering strategic business reporting, taxation, financial management and reporting, audit and assurance, performance management, risk, ethics, corporate governance, analysis and digitization. With a qualification suited to any employment sector and our strong global footprint, we have been focusing on strengthening our proposition in being accessible to students across the country to gain our qualification and to support their conversion to membership.”
She also pointed out that the current tuition providers have high pass rates which are above global average pass rates as well as producing many national and global prize winners. “These results are not only due to the commitment of the relevant institutes but also due to the stringent standards that ACCA deems them to maintain. These include having the right environment, systems and processes to monitor student performance, a lecturer team consisting of professionally qualified personnel with proven years of experience of preparing students for professional examinations, as well as the ability to deliver high pass rates each year. This is the kind of high caliber institutes that ACCA will be partnering with to expand the reach within Sri Lanka this year.
In keeping with this mission, ACCA partnered with Wisdom Institute for International Studies, a subsidiary of the Wisdom Education Group, who is a well reputed international professional education institute in Sri Lanka. Further, Wisdom is affiliated with renowned highly ranked UK and Australian universities such as the Robert Gordon University and the University of South Australia.
Speaking of the partnership Nilusha added, “With Wisdom’s history of delivering superior level academic and professional qualifications with their current partnerships mentioned above, and having produced many country and world prize winners, and also their supportive culture which empowers students to aspire to deliver world class performances, we are confident that they are the type of learning provider who is well suited to meet and keep up with the high-quality standards expected from our learning providers and will help to maintain our brand vision of being a “forward-thinking professional body.”
Endorsing these comments Mr. Chinthaka Wijayaratne, Group General Manager of Wisdom Education Group affirmed, “Today, businesses are demanding more from people than they have ever had before. It is a fact that, employers are searching to recruit professionals who could help driving profitable businesses forward in highly volatile markets. We believe that the ACCA qualification is constantly evolving to include a mix of real-world focus and theory in every element, so that the next generation of finance professionals will be prepared to handle the challenges successfully in their workplace as well as the market at large. Wisdom, over the past 18 years has built a reputation for developing and delivering tailored professional education programs in close collaborations with our partners to ensure they are relevant to the future needs of organizations. In doing this Wisdom has introduced latest cutting-edge online learning solutions to its students which results in a high level of convenience and learning satisfaction. Hence, we are confident that this partnership with ACCA will be an important step towards broadening our ambition of being a foremost learning provider in professional education.”
Both ACCA and Wisdom Institute for International Studies, hope to utilize their partnership to take forward their mutual vision of supporting Sri Lankan students in their learning journey and work together to produce talent that is a first choice with employers both locally and globally.