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Prince Sultan University Becomes First Middle Eastern University

Saudi Arabia’s Prince Sultan University (PSU) has become the first Middle Eastern University to be recognized through IMA®’s (Institute of Management Accountants) Higher Education Endorsement Program. PSU joins more than a dozen American colleges and universities, as well as EBS Business School in Europe, to earn this distinction.

IMA’s Higher Education Endorsement Program recognizes undergraduate and graduate accounting programs that meet the educational standards that enable students to pursue the CMA®
(Certified Management Accountant) credential.

“Properly trained accountants are vital to the success of the world’s economy. We are pleased to recognize Prince Sultan University’s support of management accounting education and the steps they are taking to prepare students for this important career path,” said Raef Lawson, Ph.D., CFA, CMA, CPA, IMA vice president of research and policy and professor-in-residence.

Following a thorough review process, IMA endorsed PSU’s Bachelor of Science in Accounting program.

“We are honored to be recognized as the first university for our Bachelor of Science in Accounting program in the Middle East to achieve endorsement under IMA’s program,” said Dr. Mohammad Nurunnabi FHEA FRSA, Assistant Professor in Accounting and Coordinator, Department of Accounting, at Prince Sultan University. “We recognize the important role that certification plays in the growing global economy, and we in Saudi Arabia are eager to ensure that our accounting and finance students have the tools they need to bring success not only to their careers but to their respective organizations.”

Higher education programs seeking endorsement by IMA must substantially cover the content of the CMA exam in their curriculum, have adequate faculty resources, be accredited by a recognized accreditation organization, and have a faculty member designated as an IMA Campus Advocate. The Campus Advocate program helps professors demonstrate their commitment to the future of the accounting profession by mentoring students and encouraging CMA certification.

IMA’s Higher Education Endorsement Program offers two tiers of recognition: full endorsement, for those university programs that meet all endorsement criteria; and provisional endorsement, for programs with some minor to moderate shortcomings in meeting all the criteria for full endorsement.

For more information and application forms for IMA’s Endorsement Program, visit:
www.imanet.org/educator_resources/index.aspx.

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