Educators can compete for a variety of grant and award programs sponsored by IMA, some in partnership with other professional organizations. Current programs include:

Foundation for Applied Research (FAR) - IMA provides grants for applied research projects. The grants are competitive, and recipients are required to submit a final report acceptable for publication.

R. Lee Brummet Award/Distinguished Service Award for Educators - Named for Lee Brummet, a former IMA President, this award recognizes distinguished academicians in the area of management accounting. Candidates must demonstrate a distinguished teaching career in management accounting; a record of scholarship in the field, service to IMA, and promotion of management accounting as a profession. Submissions must be received at IMA by March 1 of each year to be considered for the award.

IMA Faculty Leadership Award - This award recognizes an IMA educator member who has demonstrated exemplary leadership within and service to IMA by supporting student participation in IMA, promotion of IMA credentialing programs, writing for IMA publications, participation in IMA research and educational activities. Nominations must be received at IMA by March 1 of each year to be considered for the award.

Ursel K. Albers Academic Mentor of the Year Award - This award was established to provide an opportunity for IMA to recognize an Academic Mentor who has made significant contributions to IMA overall and IMA student members in particular. Nominations must be received at IMA by March 1 of each year to be considered for the award.

Carl Menconi Ethics Case Competition - The IMA Committee on Ethics is proud to announce the Carl Menconi Ethics Case Competition. The Competition is named in memory of Mr. Menconi who held leadership positions in IMA for many years and who served as the chair of the IMA Committee on Ethics. He also valued education and taught part time at his alma mater, Northern Illinois University. The objective of the Competition is to develop and distribute cases focusing on business ethics with specific application to management accounting and finance issues. The cases must utilize IMA’s Statement of Ethical Professional Practice as a guidance tool/reference.

Jim Bulloch Award for Innovations in Management Accounting Education - IMA sponsors the Bulloch Award, which is administered by the Management Accounting Section of the American Accounting Association. The award honors academicians for an outstanding contribution to the field of management accounting education. The award is conferred on a broad range of criteria. The innovation could be in teaching methods, class materials that promote critical thinking, cases or exercises that enhance communication skills, or any contribution that enhances cost/management accounting education. Deadline for applications is April 30, 2009.

Management Accounting Section Dissertation Award - Sponsored through the Dissertation Award Committee of the Management Accounting Section of the American Accounting Association, this award recognizes an outstanding doctoral dissertation in the area of cost/management accounting. Deadline for submission is March 1, 2009.

For additional information about these programs, contact Jodi Ryan, Manager – Student & Academic Relations, at jryan@imanet.org.