K L Deemed to be University and IBSN Inc., USA signed MoU for Campus Recruitment of 500 B. Com (hon’s.) & MBA Finance students

Jollin Britto, Senior Vice President IBSN Inc, is a leading expatriate Tax Planning consulting firm in US has signed MoU with K L Deemed to be University for recruiting 500 students of B. Com (hon's.) and MBA (Finance) students every year. As part of alliance IBSN in association with K L Deemed to be University will  offer  a  customized  learning  program  for 4 years on  US  Taxation  (B Com - US Taxation), in which every academic year will  comprise  of  8  months  theoretical  learning  and  4  months  of  practical  internship. During practical internship, the students shall be paid a impressive stipend of Rs. 10000/- every month.

Through this  industry-academia-initiative  collaborative  program,  IBSN  may also  able  to  make  employment  offer  to  qualifying students  undertaking  this  program on  successful  completion  of  the  same.  IBSN  has  the  potential  to  recruit  approx 1000  professionals  per  annum  through  this  program.

This  arrangement  may  be  extended  to  other  domain  areas  such  as  UK  Taxation  etc.  in future.  IBSN  would  contribute  in  terms  of  designing  US Taxation  content  and  curriculum  for  this  program,  which  would  be  integrated  with  K L Deemed to be University's  programs  to  provide  a  comprehensive  curriculum  to  students/learners  desirous  of  joining  this  field  and  would  enable  them  to  earn  a  degree  with  a  specialization  in  US  Taxation and become Certified Tax Professionals (CTP).

On this occasion Chancellor Mr K Satyanarayana while addressing press said during his opening remarks this is first of its kind in India and sensational event ever took place in Indian Academic circles. These foot prints of partnership will pave way to offer employment for all aspiring students. While meeting is being convened at K L U campus to arrive at modalities to promote this program extensively, Dr G L Datta, Vice Chancellor, has focused on implementation of this program in line to current academic proceedings. It is concluded that for immediate recruitment K L U MBA students who are good at accounting will be given priority.

Mr Jollin Britto (JB), Senior Vice President IBSN Inc said this Program is designed in India, to cater to the needs of the evergreen Global Accounting, Financial & Taxation sector. The program aims to provide cutting edge knowledge in the frontiers of US Taxation using latest pedagogy to develop brilliant financial cum taxation minds and designed to provide training in the techniques, nuances in taxation for individuals, corporate sector, banks, and financial institutions. For the first time in the country (for an undergraduate programme), a new initiative, "Learn by Experience", has been adopted by K L Deemed to be University, where B Com [US Taxation] students, after completion of their 8 months studies every year, are placed for hands-on practical experience during their internship period - 4 months with a MNC (IBSN Inc) along with a  monthly stipend of Rs.10000.

This program gives the students the required exposure to the real-time work experience in the MNC company located at state of the art Hi-tech city (Hyderabad / Vijayawada), which in turn would give them the edge over others while scouting for placement or seeking admission in reputed B-Schools for higher studies across the globe. On completion of the Tax specialization program, the students have the choice to join IBSN or other MNCs or pursue higher studies without any binding.