Montvale, N.J., USA, September 29, 2014 – Following more than a dozen American colleges and universities, Germany’s EBS Business School has been recognized through IMA®’s (Institute of Management Accountants) Higher Education Endorsement Program as the first European school to achieve this distinction.
The Higher Education Endorsement Program recognizes undergraduate and graduate accounting programs that meet the educational standards that enable students to pursue the CMA® (Certified Management Accountant) credential.
“Properly trained accountants are vital to the success of businesses and economies around the world. We’re pleased that EBS is supporting management accounting education and preparing its students for this important career path,” said Raef Lawson, Ph.D., CFA, CMA, CPA, IMA vice president of research and policy and professor-in-residence.
Following a thorough review process, IMA endorsed the EBS B. Sc. program in Cost Accounting, and Performance Management and Measurement, as well as the M. Sc. Advanced Management and Enterprise Risk Management programs.
“Recognition by IMA as Europe’s first endorsed school is a great achievement and a testimony to the emphasis we at EBS place on both academic rigor and practical relevance,” said Niels Dechow, professor and chair of Management Accounting and Control. “The IMA endorsement is a clear testimony to the quality of the curriculum offered by the leading department at EBS for Finance, Accounting, Control & Taxation (FACT). FACT is very proud of this accomplishment.”
Higher education programs seeking endorsement by IMA must substantially cover the content of the CMA exam in their curriculum, have adequate faculty resources, be accredited by a recognized accreditation organization, and have a faculty member designated as an IMA Campus Advocate. The Campus Advocate program helps professors demonstrate their commitment to the future of the accounting profession by mentoring students and encouraging CMA certification.
“IMA encourages faculty around the world to promote the management accounting profession by joining the IMA Campus Advocate program and by encouraging their schools to seek IMA endorsement,” said Lawson.
IMA’s Higher Education Endorsement Program offers two tiers of recognition: full endorsement, for those university programs that meet all endorsement criteria; and provisional endorsement, for programs with some minor to moderate shortcomings in meeting all the criteria for full endorsement.
For more information and application forms for IMA’s Endorsement Program, visit: www.imanet.org/educator_resources/index.aspx.
About IMA® (Institute of Management Accountants)
About EBS (European Business School)
A pioneer among German business schools, EBS Business School has been educating future business leaders with a global perspective since 1971. It is one of the most highly regarded faculties for business and management studies in Germany. Seventy senior, assistant, adjunct and honorary professors from around the world teach in four departments. EBS Business School has a strong network of 270 partner universities worldwide as well as 200 corporate partners. All courses in the Bachelor's, Master's and MBA programmes are taught entirely in English. In 2012, EBS Business School was awarded the prestigious EQUIS hallmark of quality. For more information about EBS, please visit www.ebs.edu.