Veranda Learning Solutions signs great MoU with NSDC, IAB

Veranda Learning Solutions Limited signed an MoU with NSDC and IAB of UK to roll out the Certified International Accounting Professional (CIAP) program in India.

Much like how IT redefined career paths in the 2000s, the CIAP program is set to become the must-have credential for commerce students in the decade ahead, say sources from Veranda Learning Solutions.

It is to note that NSDC stands for National Skill Development Corporation and IAB stands for Institute of Accountants and Bookkeepers and is based in United Kingdom (UK).

Program

The program to be offered through this CIAP (Certified International Accounting Professional).

This six-month program will equip students with globally recognized accounting and bookkeeping skills, aligning them with the surging demand in the Outsourced Accounting Services (OAS) sector.

With the Finance and Accounting Business Process Outsourcing (F&A BPO) market projected to hit $134.65 billion by 2032, the CIAP program promises to be the gateway to lucrative and future-ready careers, say sources from Veranda Learning Solutions.

Game changer

Positioned as the program every commerce student must pursue, CIAP is an initiative that will redefine careers in the OAS sector. Its curriculum, developed in collaboration with the IAB, leverages over 100 years of expertise in professional accounting certifications, say sources from Veranda Learning Solutions.

Training

Complementing this is Veranda Learning Solutions’ unmatched experience in training commerce students through its premier brands—JK Shah Classes, Logic School of Management, and Tapasya College of Commerce and Management.

With over seven decades of collective expertise and training nearly 1 lakh students in the commerce segment annually, Veranda will ensure the program is backed by its legacy of educational excellence.

Implementation

Veranda Learning Solutions serves as the implementation partner, delivering state-of-the-art training infrastructure and comprehensive student support.

Skills

The CIAP program provides practical, job-ready skills aligned with global standards, giving students a competitive edge in an industry poised for explosive growth, say sources from Veranda Learning Solutions.

NSDC supports this initiative by connecting students with financial partners, offering accessible loans to make the program attainable for all.

Powerhouse

India’s growing dominance in global outsourcing is evident from the recently released “India GCC Landscape Report – The 5 Year Journey” by Nasscom and Zinnov.

With over 1,700 Global Capability Centres (GCCs) and 2,975 centres generating $64.6 billion in revenue in FY2024, the sector employs 1.9 million professionals.

Expanding into Tier-2 cities like Pune and Coimbatore, GCCs are creating new opportunities beyond metropolitan hubs. The CIAP program addresses the skills gap in the finance and accounting sector, preparing students to excel in this thriving global market.

Significant step

Mr. Ved Mani Tiwari, CEO, NSDC and Managing Director, NSDC International said the CIAP program represents a significant step in addressing the skills gap in India’s accounting and finance sector.

By collaborating with Veranda Learning and the Institute of Accountants and Bookkeepers, we are not only equipping students with globally recognized qualifications but also empowering them to seize lucrative career opportunities in a rapidly growing industry, he said.

‘Our commitment at NSDC is to ensure that this program is accessible to all aspiring professionals, fostering a diverse talent pool ready to meet the demands of the global market.’

Together, we are shaping a future where skilled individuals drive innovation and economic growth in India, he said.

IAB

Ms. Sarah Palmer, CEO, IAB, said they are delighted to partner with Veranda Learning Solutions Limited Learning and NSDC to introduce the CIAP program in India.

This initiative highlights our commitment to delivering high-quality, internationally recognized qualifications that cater to the growing demand for skilled professionals in the finance and accounting sectors globally, she said.

Expertise

Mr. Suresh Kalpathi, Executive Director and Chairman, Veranda Learning Solutions said this collaboration unites Veranda’s educational expertise, NSDC’s nationwide bandwidth, and IAB’s international proficiency to deliver transformative learning.

‘By 2025, it’s anticipated that 320 new GCCs would have opened in India, as many businesses open their first global centers outside of their home countries. Currently, India is expected to add 115 new GCCs every year, a huge rise from the current rate of 70 per year.’

This program, in a nutshell, provides students with the skills, opportunities, and global exposure needed to thrive in high-growth sectors, he said.

About Veranda Learning Solutions

Established in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions Limited has rapidly evolved into a prominent, publicly listed education company.

With a strong foothold in the academic sector, managing both schools and colleges, as well as in test preparation, vocational training, and software upskilling, Veranda has significantly expanded its reach and impact.

The company’s platform integrates advanced technology, robust processes, and innovative methodologies to deliver high- quality, personalized learning experiences to students nationwide.

Committed to driving student success and achieving outstanding academic outcomes, Veranda employs a multi-modal delivery system supported by a disciplined and comprehensive learning framework.

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