Chandigarh University has become the first Indian institution to launch a collaborative Master of Business Administration (MBA) program in Applied Finance with PricewaterhouseCoopers (PwC), a leading global financial advisory firm. This program aims to provide aspiring business students with real-world business exposure and perspectives. The Memorandum of Understanding (MoU) was signed by Dr. GS Brar, Registrar of Chandigarh University, and Sanjeev Parkar, Senior Director HCM at PwC, at the Chandigarh University campus. The signing ceremony was attended by Prof. (Dr.) Devinder Singh, Pro Vice-Chancellor (Administration) of Chandigarh University; Prof. (Dr.) Nilesh Arora, Director of the University School of Business; and Krishnan Ravindran, Director of PwC India.
By signing an MoU with PwC, Chandigarh University has become the first Indian university to establish an academic collaboration with PwC for an MBA in Applied Finance. This partnership aims to meet the evolving needs of the industry and fulfill the aspirations of millions of Indian students. The MBA in Applied Finance program's curriculum has been meticulously designed in collaboration with PwC, offering a comprehensive approach that goes beyond existing finance programs in the country. This academic program will create numerous opportunities for financial accounting students to achieve their goals both locally and globally.
On signing of the MoU with PwC, Chandigarh University Chancellor and Member of Parliament (Rajya Sabha), Satnam Singh Sandhu, said, "We are delighted to unveil an innovative collaboration between our esteemed institutions, Chandigarh University and PwC, aimed at revolutionizing the business education landscape. Internationalization of education and providing global exposure to Indian students is an important feature of New Education Policy. So, this collaboration with PwC is a step in that direction".
"This unique partnership, between Chandigarh University and PwC, brings together the expertise, resources, and perspectives of two renowned institutions to offer a transformative MBA in Applied Finance program. Through a blend of cutting-edge curriculum, renowned faculty, and global networking opportunities, this collaboration will empower aspiring business leaders with the skills and insights needed to thrive in today's dynamic world. Together, we are committed to delivering a world-class educational experience that prepares our graduates to lead with integrity, innovation, and impact in the ever-evolving business landscape", Sandhu said.
The MBA in Applied Finance with PwC was launched during the Global Finance Conclave on 'India's Financial Renaissance: Shaping the Future with Innovation and Excellence', organized by Chandigarh University's Global School of Finance and Accounting. The event also saw the inauguration of the 'Centre of Excellence: The Finovation Hub', which aspires to become a world-class center for financial innovation and excellence. The Finovation Hub aims to empower individuals and organizations globally through finance and accounting skill development, research advancements, and collaboration, while promoting financial inclusion, sustainable finance practices, and embracing transformative digital technology for a globally inclusive financial landscape.
The objective of this 'Centre of Excellence: The Finovation Hub', is to develop comprehensive finance and accounting skill development programs tailored to the needs of individuals and organizations worldwide and foster a culture of research excellence within the centre, promoting cutting-edge research initiatives in finance, accounting and related fields. It will also collaborate with global academic institutions, industry partners, and professional associations to ensure the continuous advancement of finance and accounting education globally.
The Centre of Excellence: The Finovation Hub will also develop initiatives and programs to promote financial inclusion, especially in underserved communities and regions, by leveraging digital technologies and innovative financial solutions. Additionally, it will explore the use of Artificial Intelligence in accounting and finance, including robotic automation through AI, trainer-led sessions, AI tools in data analysis, financial research, assurance and auditing. The Hub will also address global tax challenges and policy reforms, and engage in financial consulting and advisory with experts.
