Indian Institute of Technology Madras Digital Skills Academy has launched a new course on ‘Business Accounting Process,’ which will be available completely online. The objective of this course is to upskill or re-skill students and professionals who are looking for a career in finance and accounting.

According to the official release, the course will be available across the year, where interested candidates can enrol at any point of time in a year.

The Digital Skills Academy has partnered with Bangalore-based ArthaVidhya to offer this program. Along with being entirely online, the course is interactive and job-oriented, which has been built with an innovative concept of a virtual office, embedded in artificial intelligence-based ‘Interactive Learning Management System’ (iLMS).

Highlighting the unique aspects of this course, Prof. K. Mangala Sunder, the head of Digital Skills Academy at IIT Madras, said, “The course has been designed to provide students with a simulated environment, giving the students a real-life simulation of actual work environment throughout the course.”

Further, Prof. Sunder said, “The AI platform provides the students with a virtual corporate environment carrying out various financial transactions in real-time. This helps the students to obtain an experiential learning equivalent to about three months of actual corporate working experience and makes them job-ready.”

The course is designed as per the job roles of NASSCOM and has been certified by them. In addition, the general features of this course have also been reviewed by Prof. M. Thenmozhi, the department of management studies at IIT Madras, who is also the former director of, National Institute of Securities Markets, which comes under the SEBI, Mumbai.

Speaking about the benefits of this course, Nimish C Tolia, the trustee and joint secretary of SDNB Vaishnav College, Chennai, which has implemented this course, said, “We have seen a huge spurt in the placement of students of our college in large MNCs such as Accenture and McKinsey and Company after implementing this course. Over 70% of our students have been placed in MNCs.”

All programs under the Digital Skills Academy, IIT Madras will be certification courses approved by the Centre for Continuing Education, IIT Madras and learners who complete the program will receive formal certificates from CCE (Centre for Continuing Education), IIT Madras.