PricewaterhouseCoopers launched the sponsorship of the academic chair at the International College of the Cayman Islands in a strategic move to expand its business programme and raise the bar in higher education, the accounting firm announced.
The corporate sponsorship contributes during a three-year period to help fund the academic chair for a full-time professor in accounting. An academic chair is a university designation given to a professor for specialised knowledge and research and is traditionally funded by either private corporations or foundations.
A driving force behind the sponsorship commitment is to raise the profile of the college’s business programme, attract more students and build stronger relationships within the business community, said Frazer Lindsay, PwC territory senior partner.
A key part of what the college stands for is being accessible to all students who are academically-ready to earn an associate, bachelor’s or master’s degree, but who have limited financial means and may face work or family obligations that prevent them from attending an accredited university overseas, he said.
As a nonprofit, private institution, the International College of the Cayman Islands has made it a priority to offer affordable tuition to Caymanians and residents while maintaining international accreditation.
Dean Scott Cummings expressed his gratitude to PwC for their three-year sponsorship commitment to the academic chair.
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