The African Women Chartered Accountants (AWCA) has teamed up with the New York-based Fordham University to advance the calibre of CAs produced within the ranks of AWCA.
The association signed this week a Memorandum of Understanding (MOU) with the New York-based Fordham University in a move that will give its members the opportunity to study in the United States over the next five years.
Established in 2005, the AWCA is a non-profit organisation formed to accelerate the development of black female Chartered Accountants (CAs) in South Africa. To date, the AWCA has awarded 55 full bursaries to young aspiring African women CAs from disadvantaged backgrounds through its Bursary Fund. Recipients of the bursary are also given other forms of support through the various AWCA programmes and initiatives.
Under the agreement, the AWCA can send up to five of its outstanding and deserving members to Fordham University every year to enrol for an Advanced Certificate Program in Emerging Markets and Country Risk Analysis. This is with the intention to give AWCA members international exposure. The initiative is part of AWCA’s commitment to contributing to leadership development in the financial services sector.
“Fordham is one of the great universities in the field of Economics Science. Moreover, it is fully committed to the development of leaders from the African continent, and it is also supportive of initiatives that share the same objective. This is why we are honoured to be partners in this objective of improving African leadership in business,” says AWCA President, Tryphosa Ramano.
How the programme will work is that each year, AWCA members who fulfil stipulated criteria will have an opportunity to enrol for an Advanced Certificate Program in Emerging Markets and Country Risk Analysis at Fordham. There, they will do two modules in May and June, and then return to South Africa to complete the rest of the course at the University of Pretoria.