The CPA-CFA Dual Masters Program offered by the ICFAI University, Tripura prepares men and women with the skills, knowledge and strategic perspectives essential to the leadership in the world of Accounting and Finance anywhere in the world.

The Dual Masters Program consists of two streams: CPA and CFA.

The CPA stream provides an in-depth understanding of accounting and financial insights. The knowledge of which can be applied in accounting and auditing services, taxation, consulting, research etc.

The CFA Stream provides an in-depth understanding of financial analysis. The knowledge of which can be applied in banking and financial services sector and practice areas like strategic finance, mergers and acqusitions, risk management and consulting.

Through the Dual Masters Program, the students may acquire two career-oriented professional qualifications in accounting and financial analysis and also save precious time. Instead of the normal duration of 4 years (two years for CPA and two years for CFA) the students of the Dual Masters Program may complete the same in 24 months.

Graduation (any discipline) with 55% and above.

With the massive growth of Indian economy, career opportunities are multiplying fast. They include:

• Corporate Sector

• Accounting

• Auditing

• Taxation

• Financial Consulting

• US GAAP & IFRS

• Accounting Research

• Commercial Banking

• Investment Banking

• Financial Services

• Financial Markets

• Strategic Finance

• Mergers and Acquisitions

• Risk Management

For those aspiring to pursue fast-track careers in the sunrise sectors, the Dual Masters Program is the most suited. The CFA stream coupled with appropriate choice of electives in CPA stream gives them deep financial insights. CPA provides in-depth accounting insights. This will be a unique skill-set combining analysis and synthesis; operations and strategy.

Duration: 24 months.

Medium of instruction: English.

Students who have pursued their degree program in non-English medium are advised to undergo proper preparatory courses in Business English so that they can cope with the Dual Masters Program.

The students are required to complete Year I of the Dual Masters program within a maximum period of three years from the date of enrolment. Students who are unable to complete Year I within three years, but are still keen on continuing in the program, are required to register de novo by paying the requisite fee.

360⁰ Flexi-mode

The Dual Masters Program is based on study and examinations, with 360⁰ flexibility for students.

The CPA Program is a postgraduate program with the following broad objectives:

• To encourage aspiring students equip themselves with the latest tools and techniques in accounting.

• To develop contemporary body of knowledge and skill-set and make them available for those seeking careers in professional accounting.

• To provide interdisciplinary insights into accounting, auditing, taxation and laws & regulations for developing holistic perspectives.

• To deepen insights into practical applications of accounting in a dynamic business environment.

• Financial markets

• Analysis and valuation of financial instruments

• Asset allocation and portfolio management

• Management of mutual funds, hedge funds, pension funds and other funds.

The Dual Masters Program follows the following distinctive but inter-related approaches :

• Basic Knowledge aimed at improving students' understanding of certain fundamental phenomena and relationships underlying the changing world of accounting and finance.

• Tools and Techniques are required to equip students improve their analytical ability and power of integration and synthesis in the context of accounting and finance.

• Application Areas linking the theoretical studies to the practical problems faced by accounting and finance professionals.

• Professional Ethics aimed at inculcating in the students an ethical approach in their professional interactions and a sense of personal, corporate, and social responsibilities.

Exit Option

The students of the Dual Masters Program can exercise the exit option after successful completion of Year I. Depending on their choice they may exit from the Year II of CPA stream and continue in Year II of CFA stream; or the otherway round. Then they pay reduced fee as applicable to the CPA or CFA stream as per their choice.

Waivers

In addition the students of the Dual Masters Program can claim waivers ( not the other way round) as indicated below:

The students of Dual Masters Program will be granted provisional waivers in one stream subject to their passing the required examinations in the other stream.

Students with prior qualifications are eligible to get waivers from certain subjects in the CFA Stream as indicated below:

However there are no such subject-wise waivers available in the CPA program based on prior qualifications like CA/CWA.