BESC signs MoU with the ICAI

Kolkata March 30th, 2017.The Bhawanipur Education Society College (BESC) signed a memorandum of Understanding with the Institute of Cost Accountants of India (ICAI). The MoU was signed and exchanged as part of the ICAI National Students Convocation, which was earlier inaugurated by the Hon. Keshari Nath Tripathi, the Governor of West Bengal in the presence of dignitaries like Harshvardhan Neotia, Chairman, Ambuja Neotia Group; Prof. Dhrubajyoti Chattopadhyay, VC, Amity University, Kolkata Campus; Prof Basav Chaudhuri, West Bengal State University; Prof Saikat Maitra, VC, Maulana Abul Kalam Azad University of Technology; Prof Ashutosh Ghosh, VC, University of Calcutta; CMA Manas Kumar Thakur, President, ICAI; Pradip Shett, Vice Chairman, BESC; Prof Dilip Shah, Dean of Student Affairs, BESC and Sanjay Budhia, MD, Patton Group.

BESC signs MoU with ICAI

The MoU was pre-signed by Miraj Shah, the Senior Vice Chairman of BESC. CMS Manas Kumar Thakur, the President of ICAI, signed the document which was witnessed by Prof Dilip Shah, Dean of Student Affairs and Pradip Shett a member of the governing committee of the college.

The MoU with ICAI makes BESC the only Institute of its kind with such working arrangements with the Institute of Company Secretaries of India (ICSI) and the Association of Certified Chartered Accountants (ACCA). A similar arrangement with the Indian Institute of Chartered Accountants (ICAI) is also in the pipeline.

CMA Manas Kumar Thakur, the President of the Institute hailed the BESC as one of the leading colleges of the city which is helping expand the horizons of commerce, and looked forward to the MoU heralding an era of a long and mutually beneficial association which will help empower the students of both the institutions.

Prof Dilip Shah, Dean of Student Affairs, BESC speaking on the occassion

“BESC has a student body that is upwards of 9000, an overwhelming number of whom study commerce. About 85 percent of these students take the next logical step towards professionalism, taking up courses like CA, CS or Costing. Naturally, these tie-up’s will provide our students to move a step closer to their association with these professional bodies. On a primary level, they will help us organise joint seminars, academic programmes, exchange of faculties and facilities, apart from inviting domain experts from within their folds to share their knowledge with our students” said Prof Shah.

About the Bhawanipur Education Society College (BESC)

BESC provides a solid campus experience in the heart of Calcutta, with temperature controlled and wi-fi enabled classrooms, free surfing stations interspersed throughout campus, a spacious cafeteria and common rooms with indoor games facilities. BESC boasts of a well-stocked library, with nearly 15,000 holdings and several internet-enabled computers, designed to meet all the students’ research needs and more.


BESC constantly strives to grow and impart learning-focused education through the introduction of new, cutting-edge courses recognised by the University of Calcutta. The Institution is especially committed to girl students, and believes in inculcating community engagement, imparting soft skills, fostering creative thinking, and empowering all pupils with leadership skills that will stand them in good stead not only in the competitive and constantly changing environment of the global job-market and workplace, but also help them become leaders within their respective communities.


At BESC, the stress is on creating leaders committed to excellence, and responsible citizens aware of their rights and responsibilities. BESC students not only go on to pursue higher education and find placements in excellent global companies, but have also consistently proved to be brilliant entrepreneurs.

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About the Institute of Cost Accountants of India (ICAI)

The Institute of Cost Accountants of India (ICAI) is a statutory body set up under an Act of Parliament in the year 1959. It is the premier professional body imparting education, training and propagating Cost and Management Accountancy in India and abroad. The Institute as a part of its obligation, regulates the profession of Cost and Management Accountancy, enrols students for its courses, provides coaching facilities to the students, organizes professional development programmes for the members and undertakes research programmes in the field of Cost and Management Accountancy.

The Institute is the 2nd largest Cost & Management Accounting body in the World and the largest in Asia, having approximately 5,00,000 students and 70,000 members all over the globe. The Members in service are placed with Government, Public and Private Sectors like BHEL, Coal India Ltd., SEBI, TCS, Saint Gobain, Flipkart, Ford, Tata Motors, Power Grid Corporation Ltd., Nestle, RIL, ITC, PWC, KPMG, HCL, Wipro, NHPC, ICICI Bank, Allahabad bank, Goldman Sachs, etc., and are occupying high positions like CMDs, CEOs, CFOs. Many members are engaged in practice as well. Besides practicing as a Cost Auditor, practicing CMAs are expert in many other areas including direct taxation, Customs, Excise, VAT, Service Tax, Business Valuation, Project Management, Internal Audit, consultancy in Banking & Insurance sector etc.

The Institute is headquartered in Kolkata with another office at New Delhi, operates through 4 Regional Councils at Kolkata, Chennai, Delhi and Mumbai, 94 Chapters spread all over India and 9 overseas Centres, 2 Centre of Excellence in India and 4 under progress, 84 CMA support Centres, 351 Recognized Oral Coaching Centres (ROCC) as well as through several important chapters situated elsewhere in India and abroad. It is under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI-CMA, a national accounting body, is also a founder member of International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA).

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