By Ivan Naijuka
Uganda Christian University (UCU) has a new accreditation for its Bachelor of Business Administration (BBA) program following the signing of a Memorandum of Understanding (MoU) with The Association of Chartered Certified Accountants (ACCA); a global accounting body of accountants and Institute of Certified Public Accountants of Uganda (ICPAU).
During the signing of the MoU, at Main Campus in Mukono - in the Vice Chancellor parlor, The Vice Chancellor Rev. Canon Dr. John Senyonyi thanked the ACCA for choosing to partner with UCU.
“ACCA is a global brand, so endorsing our program is a huge asset,” the UCU Vice Chancellor said. “This new collaboration further promotes us as the university, including our individual lecturers who will be teaching in those course unites”. He added that having student learning align with this profession further validates this as a good partnership.
Dr. Godwin Awio, The Head of Department Business & Finance said that ACCA has already accredited UCU’s Bachelor of Business Administration (BBA), accounting option. “ACCA is a global brand, we want to be in the same field. We have been exempted six papers, our students who are doing BBA Accounting option will start from the 7th paper,” Dr. Awio said.
Ms. Beatrice Isagayite, the country Head of ACCA Uganda, applauded UCU for a good partnership and also sending quality graduates to them.
“UCU is the third largest source of students that do ACCA in Uganda”, she said, adding, “We have to partner with UCU for more support because working together will help both of us”.
According to Beatrice, “learning done at UCU is recognized at ACCA and this is helping us to work together promote the teachings at both UCU and ACCA”
ACCA offers is a professional course for people who are in accounting and Finance along with others. As an open access course, those without accounting and finance education can enroll as long as they meet minimum requirements.
Commenting on the certification, Mr. Godfrey Sempungu, the Associate Dean Faculty of Business and Administration said, “This stamp of approval is a testament to the rigor of the program and the readiness of our graduates to join the accounting profession.”
The exemption followed a review, examination and approval of the UCU faculty of business curriculum by the ACCA examination & accreditation team from UK.
The faculty of Business & Administration recently introduced a center for professional programs, which will enable students to continue studying at UCU main campus in Mukono, and get requirements of joining the professions (CPA and ACCA) after their degree program.
The development has been well received by UCU BBA students majoring in accounting. A fresh graduate , Prossy Natukunda described it as a blessing.
“Those professional courses are expensive, but when you are exempted some papers, the burden of paying is reduced.” She said, “It is easier for someone to continue after her/his degree and finish the professional course. With ACCA and CPA, you can work anywhere as a certified accountant.”