The Chartered Institute of Management Accountants (CIMA) has announced a formal partnership with the prestigious S. M. Patel Institute of Commerce (SMPIC), in Ahmedabad, to provide students an opportunity to study the most relevant international professional qualification for business. Under this partnership, CIMA and SMPIC will launch a study centre at the SMPIC campus that will offer CIMA qualification to the students. CIMA was founded in 1919 and is the world's leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers' choice when recruiting financially-trained business leaders. CIMA has a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. CGMA designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.