UPEI's Bachelor of Business Administration (Specialization in Accounting) accredited by Certified Management Accountants of Canada
(The following is jointly released by Certified Management Accountants of Canada and the University of Prince Edward Island.)
Certified Management Accountants of Canada (CMA Canada), the world leader in shaping strategic management accounting® professionals to
lead successful enterprises in the global marketplace, has awarded for a five-year period the accreditation of the Bachelor of Business Administration (Specialization in Accounting) at the University of Prince Edward Island.
CMA Canada accredits programs at leading academic institutions which provide complete coverage of the CMA® Competency Map Entrance Requirements, equipping students with in-depth knowledge and skills in management accounting, financial accounting, financial management and taxation, strategic management, and risk management and governance. These skills are required for mastering the advanced concepts covered in the CMA Strategic Leadership Program™, leading to the prestigious CMA designation.
Beginning in 2000, CMA Canada implemented an accreditation process to recognize institutions that offer quality educational programs according to prescribed standards. The CMA accreditation program offers academic institutions a measurement process that is based on self evaluation coupled with evaluation by CMA Canada.
'The accreditation of the Bachelor of Business Administration (Specialization in Accounting) Program at the University of Prince Edward Island demonstrates the university's commitment to meeting marketplace expectations in a globally competitive environment,' said Joy Thomas, MBA, FCMA, C.Dir., President and CEO, CMA Canada. 'In addition, accrediting programs enables CMA Canada to broaden access to the CMA designation while maintaining a commitment to excellence and rigorous standards.'
The University of Prince Edward Island is among an exclusive group of academic institutions across Canada to have an undergraduate accounting program accredited by CMA Canada.
'I am thrilled that we are to be accredited by CMA Canada. This accreditation recognizes the quality of our flagship accounting specialization and affirms our commitment to providing students with new opportunities to grow their knowledge for the real world,' said Dr. Roberta MacDonald, Dean of the School of Business at the University of Prince Edward Island.
Students who successfully complete the Bachelor of Business Administration (Specialization in Accounting) with a minimum grade point average of 75 per cent are exempt from writing the CMA Entrance Examination. This select group of students will enter directly into the Strategic Leadership Program™, the final step required to obtain the CMA designation.
'Our partnership with the University of Prince Edward Island and, more specifically, the Bachelor of Business Administration (Specialization in Accounting) program, is a perfect fit. This program offers innovative approaches to course design and delivery, supported by outstanding faculty, effective evaluation of student performance, and a commitment to continuing quality education,' said Lane Pineau, CMA, chair of the CMA-PEI council. 'With its interwoven approach and exceptionally high standards, the CMA-accredited path brings an unparalleled opportunity for employers wanting access to the best and brightest university accounting graduates.'
Thomas emphasized that CMA Canada accreditation of programs at leading academic institutions sets the standard for quality education in business and accounting in Canada, 'The University of Prince Edward Island exemplifies this standard and is to be commended for the outstanding quality of its instruction and its graduates.'
About Certified Management Accountants of Canada (CMA Canada)
With 50,000 members around the world, CMA Canada grants a professional designation in strategic management accounting® and is responsible for standards-setting, accreditation, and the continuing professional development of Certified Management Accountants (CMAs).
CMAs provide an integrating perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term competitive advantage.
To optimize the performance of global enterprises and build strategic management accounting skills, CMA Canada offers innovative executive development programs, advanced online courses, and internationally recognized knowledge management publications. For more information, visit www.cma-canada.org.
About the UPEI School of Business
The UPEI School of Business is focused on bridging the gap between education and business world experience. With innovative and flexible programs and an emphasis on enterprise and entrepreneurship, graduates leave the School with knowledge and skills that give them the flexibility and know-how to compete, and be successful in any environment. Small class sizes and easy access to faculty ensure that students effective learning relationships. Specializations are available in accounting, international business, and entrepreneurship. Students have the opportunity to experience "business in action" through Cooperative Education, international opportunities, mentorship, and national and regional competitions.
The UPEI School of Business maintains strong ties with the business community through our Advisory Council, Global Associates, Student Business Society, SIFE (Students in Free Enterprise); collaborations with Junior Achievement and Chambers of Commerce; and with extracurricular programs such as the CA, CMA and CGA accounting associations, and the FITT (Forum for International Trade Training).Through these various connections with the business environment, the School of Business ensures its offerings and strategies are in line with business needs and current trends to provide long term value to students, employers and the community.
