Institute of Business Management (IBM) Offers CA Program in Nepalgunj

In a significant development for educational opportunities in West Nepal, the Institute of Business Management (IBM) in Nepalgunj has introduced Chartered Accountancy (CA) studies, a first for the region. This move marks a pivotal change, eliminating the need for students to travel to the capital Kathmandu or abroad to pursue this prestigious field.

Key Developments in CA Education at IBM

• Local Accessibility: With IBM’s launch of CA courses, students from West Nepal can now access top-tier accountancy education locally.
• Experienced Leadership: Sagar Adhikari, a founding member of IBM, highlights that the institution is spearheaded by seasoned chartered accountants.
• Comprehensive Training: IBM aims to produce skilled professionals in accounting, taxation, auditing, and consulting.
• Examination Convenience: CA Santosh Kandel, another board member, emphasizes that examinations for CA studies are now available in Nepalgunj, further easing the education journey for local students.

The Impact of ICAN and IBM on CA Studies

• History of CA in Nepal: The study of Chartered Accountancy formally began in Nepal following the establishment of the Institute of Chartered Accountants of Nepal (ICAN) in 1996.
• Growing Enrollment: Annually, an average of 800 students enroll in CA courses, indicating a strong interest in the field.
• Broad Career Prospects: CA education prepares students for diverse roles in accounting, financial management, tax, law, and consultancy.
• Demand in Various Sectors: CA professionals are sought after in NGOs, INGOs, banks, hospitals, government offices, private companies, and industrial settings.

Affordable Education and Future Plans

• Cost-Effective Study Options: Studying CA in Nepal, particularly at IBM, is significantly more affordable than pursuing the same abroad. Director C. Aghikari notes that local study costs are substantially lower.
• Future Training Opportunities: IBM plans to extend its offerings to include training in accounting management, tax, and finance, along with relevant seminars.

This initiative by IBM in Nepalgunj is a game-changer for aspiring CA students in West Nepal, offering quality education closer to home and at a fraction of the cost of studying abroad. It reflects a growing trend in regional education centers providing specialized, professional training that was once only accessible in major cities or foreign countries.