Tagetik, the provider of group reporting and performance management software has entered into a collaborative venture with PwC Switzerland and the University of St.Gallen to provide students attending the Masters course ‘Consolidated Accounting’ Tagetik 3.0’s complete software solution for Corporate Performance Management (CPM) as a computer-based self-study program to its current course
PwC will support the higher education institution in preparing the case studies and building up the consolidation capabilities within the Tagetik’s application. As a result, students will be able to solve consolidation transaction issues using the software Tagetik 3.0 starting from Spring 2011, thus making the course that much more closer to real life business scenarios.
“For over a hundred years the university of St.Gallen has provided students with an optimal mix of research and practical experience,” explained Chair Prof. Dr. Thomas Berndt, Department of Accounting, Controlling and Auditing (ACA). “For this reason, we have decided to venture in a joint project with Tagetik and PwC to expand our expertise in Performance Management and Business Intelligence and allow maximum performance in teaching and research throughout our Institute of Accounting, Controlling and Auditing”.
“As the major provider of assurance and advisory services, it is in our interest to have graduates of the University of St.Gallen who acquire excellent training that is as close to reality as possible,” said Roger Kunz-Brenner, Partner PwC, Leader of the Business Reporting. “Including realistic consolidation accounting cases in the University of St.Gallen Masters course using Tagetik 3.0 state-of-the-art tool is an important step for the university in this direction.
“We are honored to be a part of such an ambitious and empowering project with industry experts, PwC and the University of St.Gallen,” commented Manuel Vellutini Chief Operating Officer at Tagetik. “I believe it is essential for future managers, to confront the difficulties and complexities that exist in real business scenarios throughout their studies. The opportunity to have hands-on experience using software that is designed to manage and control the corporate performance of daily business activities is a great advantage for students, making them aware of how important it is to have an accurate and flexible system for data measurement and analysis. This partnership allows us to pass on a great ‘culture’ of financial processes as it meshes highly complex topics drawn from academia, research, training and practice.”
