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Under the patronage of Prof. Mohamed Diaa Zain El-Abedeen, President of Ain Shams University, and Prof. Farid Moharram El-Garhy, Dean of the Faculty of Commerce, the Faculty of Business at Ain Shams University signed a Memorandum of Understanding (MoU) with CFO Factory for Human Resources Development to strengthen cooperation in training and professional development and align academic education with labor market requirements in accounting and finance.

CFO Factory is an internationally accredited training academy recognized by the US-based Institute of Management Accountants (IMA) and the UK's Association of Chartered Certified Accountants (ACCA). The academy specializes in providing practical training programs in accounting and finance, supervised by experts with more than 25 years of professional and academic experience.

Through seminars, workshops, and training programs, the company seeks to develop the financial and accounting competencies of university students, recent graduates, faculty members, and professionals. These initiatives aim to bridge the gap between academic education and labor market demands while enhancing participants' competitiveness at both local and international levels.

The company offers preparatory programs for internationally recognized professional certifications, including the Certified Management Accountant (CMA), Financial Modeling and Valuation Analyst (FMVA), Financial and Managerial Accounting Associate (FMAA), Financial Planning and Analysis Professional (FPAP), and Diploma in International Financial Reporting (DipIFR). It also provides practical workshops and soft skills development programs, including Artificial Intelligence in Finance and Accounting (AIFP).

Under the MoU, Faculty of Business students will be eligible for discounts ranging from 25% to 30% on specialized training programs. The agreement also provides three annual training scholarships for faculty members and teaching assistants.

The partnership also includes organizing seminars and workshops to introduce professional certifications and career pathways, holding competitions and practical case study activities, and exploring internship opportunities for outstanding students. Additionally, distinguished graduates of the faculty may be nominated for available job opportunities, subject to assessments determined by the company.

The Faculty of Business emphasized that this partnership reflects its commitment to supporting the professional development of its students and graduates, strengthening the alignment between academic education and labor market needs, and preparing qualified professionals in accounting and finance.