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Wednesday, 14 November 2012

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EDUCATION

Mercury Institute, approved tuition provider for ACCA

Mercury Institute of Management is the only institute in Sri Lanka that is platinum approved tuition provider for ACCA and has the proud distinction of being recognized as one of the leading institutes that provides quality professional education. The strength of Mercury from the inception has been its panel of excellent lecturers of much experienced and highly reputed names in the field of management education. In today’s competitive world, this panel stands out as second to none – Chartered Accountants, Financial Accountants, Bankers and Practicing Attorneys.

Mercury Institute of Management now offer the prestigious BSC (Hons) in Applied Accountancy offered by the Oxford Brookes University (UK) which is designed to recognize the quality of the ACCA professional qualification and to provide students with the opportunity to gain an internationally recognized academic qualification, whilst taking their ACCA examinations in just two and a half years.

The unique aspect of this degree is that without compromising on quality, the modules examined in the BSC (Hons) degree are aligned with ACCA examinations hence the only additional cost involved in obtaining the degree is a minimal project submission fee. Speaking of the qualification, Thilina Ukwatta, Senior Lecturer, Course Coordinator and the Official Project Mentor who has successfully completed the Oxford Brookes University accredited mentoring programme at Mercury Institute outlined the benefits of the degree by stating that “the qualification covers both knowledge and application and is a well-rounded approach to both Management and Finance.

He pointed out that “Oxford Brookes BSc (Hons) Degree in Applied Accounting is a highly regarded qualification, which is based on practical, professional, employer-driven accounting requirements.

It enables students to prove that not only have they mastered the knowledge required for the degree, but that they have the key skills required by employers in modern business world. The combination of ACCA’s experience in global accountancy and the renowned quality of Oxford Brookes’ Business School has resulted in this degree programme being designed for the international business environment of the future, fully supported online through the Virtual Campus.”

Ukwatta went on to explain that “On completing the degree programme, you will have demonstrated a capability to: critically evaluate accounting concepts and principles and their application in solutions to practical accounting problems, prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyse and interpret such financial statements, use relevant management accounting techniques with cost information, for planning, decision-making, performance evaluation and control, within different business settings, apply financial management techniques to issues affecting investment, financing, and dividend policy decisions of an organization, understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies, and explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework.”.

Oxford Brookes University‘s reputation has been recognized through the award of a national, multi-million-pound Centre of Excellence in Teaching and Learning. In an independent assessment of teaching quality, the Business School was one of only two in the country to achieve the maximum score (24/24) across more than one subject area. By gaining the BSc (Hons) in Applied Accounting, awarded by Oxford Brookes University, it will not only demonstrate to potential or existing employers that one possess all the relevant graduate skills to equip them for a brilliant career in accounting and finance, but that it is from a university that has a reputation for excellence.

Ukwatta concluded by saying that “As a graduate of Oxford Brookes University, one will automatically become part of a diverse network of over 100,000 fellow alumni who live and work in more than 150 countries across the globe, making this qualification the perfect choice for aspiring financial professionals-whether one intends to remain in Sri Lanka or travel the world.”

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