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Press Release

“Get Ahead with ACCA”: Innovative Program for the Professional Development of Students through a Collaboration between UCLan Cyprus, ACCA, Grant Thornton Cyprus, and KPMG Cyprus

UCLan Cyprus, the prestigious Association of Chartered Certified Accountants (ACCA), and the Audit Firms Grant Thornton Cyprus and KPMG Cyprus announce the signing of a two tripartite Memorandums of Understanding (MoU) aimed at promoting collaboration for the benefit of the student community and the Accounting and Finance sector through the ‘Get Ahead with ACCA’ Program. Specifically, the MoUs offer work experience opportunities (and further benefits) to students of the BA (Hons) Accounting & Finance program at UCLan Cyprus through the Audit Firms KPMG Cyprus and Grant Thornton Cyprus.

Specifically, as part of the tripartite agreement, students will be able to benefit from the following provisions:

  • Access to a monthly placement at one of the Audit Firms during the summer months between their 2nd and 3rd years of study.
  • Depending on their performance during the monthly placement, access to a 12-month employment at one of the Audit Firms. The annual employment will be offered in the form of a Work Placement module, which shall be part of their degree programme between their 3rd and 4th years of study.
  • Depending on their performance during the summer and annual employment, they may be offered a full-time trainee contract by either of the Audit Firms upon completion of their studies, according to the terms and conditions of each firm.
  • The time spent in their work (both during the monthly and annual placements) will count toward the minimum time required to complete the practical experience required for the ACCA Practical Experience (PER). It is understood that all students of the BA (Hons) Accounting and Finance degree at UCLan Cyprus who participate in the ‘Get Ahead with ACCA’ scheme will have previously enrolled as ACCA Accelerate students at the University’s expense.
  • Coverage by the respective Audit Firm of tuition fees and examination fees for the students who will be participating in their annual placement to take one or possibly two exams from ACCA’s Strategic Professional level. Tuition shall be taking place at the Institute of Professional Studies at UCLan Cyprus.

UCLan Cyprus will collaborate with its Partner Audit Firms for the successful implementation of the above MoUs for the benefit of all parties and, certainly, its students.

Dimitrios Chioureas, Assurance Partner at Grant Thornton Cyprus commented: “We are really excited to be part of this initiative because, at its core, it is about giving young people real opportunities to explore their future. This initiative is about showing students what the industry is like, helping them understand if the profession is right for them, and giving them a solid starting point for their careers. By working together, we are ensuring that young talent has access to meaningful opportunities and a strong foundation for their professional journey”.

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