Making Moratuwa varsity a world-class outfit
Prof. L.L. Ratnayake, President of the Institution of Engineers, Sri Lanka, (IESL), also vice-chairman of the University Grants Commission, recently gave some lessons to a group of freshers at the University of Moratuwa on how to make the university a world class institution.

Addressing a packed house of 550 B.Sc. Engineering and 50 B.Sc. IT students who entered the University of Moratuwa, Prof. Ratnayake provided some ideas on how this could be achieved.

Here are excerpts of his speech, which also dealt with the engineering community:

One major shortcoming that is being pointed out about our programme is that the graduates' knowledge of English is not up to the expectations of industry. The medium of instruction of the B.Sc. Engineering programme is English. But there is no English requirement to enter the course for local students even though they had their school education in the Sinhala or Tamil medium. However, do you know that foreign students seeking admission to our University are required to get an IELTS score of 6.5 or a TOEFL score of 550 to enter into our B.Sc. Eng. course? I know that it is a sensitive issue to have an entry requirement in English to enter the Faculty. But we do have facilities for teaching English here, and you are required to pass the First Year English paper.

Can't we ask all Moratuwa University students have to get a TOEFL score of 550 before they graduate? Then none can argue about the English standard of our graduates.

Generally the technical content of our degree programmes are not criticized by the industry. However, if we can measure the standard of our students against an internationally accepted standard like the GRE, then we can really say that ours is a world-class university.

As a first step, can we say that all students graduating from Moratuwa will have to obtain a minimum GRE of 600? Then we can really be considered world class.

International acceptance of a University degree can be measured by the number of foreign students seeking admission. When I look around I cannot see a single foreign student in this audience. As the Vice Chairman of the UGC I am aware that not a single foreign student applied to do engineering at our universities. Shouldn't we aim at 10% of foreign students in this university in the next five years?

In the modern world universities are open for 24 hours of the day and almost 365 days of the year. I am sure those of you who have friends or relations studying in foreign universities would be already aware of this. Teaching and learning can be much more effectively done if our system also allowed a 24-hour working environment. Can we have the same at the University of Moratuwa in the next five years?

Our Chartered Engineers occupy high positions in local industry as well as in foreign countries. The B.Sc. Engineering degree you receive will fulfil the educational requirements to become a Chartered Engineer.

After four years of supervised training, and responsible experience after graduation and passing the professional review, you will be in a position to become a Chartered Engineer.

We are in the process of getting international recognition, so that similar professional engineering institutions in the USA, UK, Canada Australia, New Zealand, Japan will soon accept the Chartered Engineer qualification of the IESL as equivalent to their Charter. Our aim is to benchmark the Sri Lankan Engineering Charter with leading nations in the world.


SLAAQP to hold national convention on Aug. 23
At least three applications have been received so far for the best CEO award among various other awards being presented at the convention of the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP) to recognize achievements in quality and productivity initiatives.

The Quality Circle Championship has already received a huge response with 14 organizations desiring to take part. Some organizations are sending more than one Quality Circle to compete for the championship. The response for the Kaizen Slogan Competition and the Poster Competition have also been very much higher than the previous year, the association said.

The convention will be held in four concurrent streams as follows: technical papers on success stories pertaining to quality and productivity initiatives, Quality Circle competition, Continuous Improvement team competition, School Quality Circle competition, debate, poster competition and Quiz.

In Stream 1, technical papers will include the following subjects by foreign and local speakers: Successful implementation of the Balanced Scorecard, Changing mindset through the Kaizen suggestion system, Reaching Excellence in 5S, Creating a high performance organization through HR initiatives and implementing a systematic productivity improvement programme in an export industry.

Those interested in participating in any of the events or competitions could get details from the SLAAQP Secretariat at 25, Fife Road, Colombo 5 or by email- qpasl@slt.lk.


Pan Asia Bank under re-organisation
Pan Asia Bank, a Sri Lankan bank operating for the past eight years, is to be re-organised with a view to providing the institution with a new dimension.

Bank chairman Abeyrathne Bandara, said in a press statement, the bank made an operating profit in the first and second quarters of 2003 and has prudently provided for non-performing advances conforming to Central Bank requirements.

"We have taken steps to reengineer our operations and organizational structure. The Bank will have two teams working on specific target groups, Corporate and Retail Banking whilst enhancing fee-based income using the market opportunities available. The bank has taken steps to infuse new thinking and corporate culture. The Board of Directors of the bank has appointed a young dynamic Deputy CEO to implement new strategies," he said.

He said the bank plans to fund its expansion programme through the infusion of more equity capital and loans up to Rs. 500 million during the year.

The bank proposes to make a debenture issue that will realise Rs. 400 million before end 2003. It also plans to go public and be listed in the Colombo Stock Exchange in early 2004.


Samarasinghe takes over as new COO at Richard Pieris
Pravir Samarasinghe, currently a director, has been appointed Chief Operating Officer of Richard Pieris and Co, the company said last week.

He began his career at Richard Pieris in 1991 as Manager Corporate Planning when he set up the Corporate Planning Unit. In 1999 he was appointed to the main Board of Directors and now serves on the Boards of a number of Subsidiary and Associate Companies including listed companies in the CSE.

Samarasinghe is a fellow of the Chartered Institute of Management Accountants - UK and the Institute of Chartered Accountants of Sri Lanka and holds a Masters Degree in Business Administration. He is currently the President of the Chartered Institute of Management Accountants -SL Division.


Austrian Airlines increases flights to Colombo
Austrian Airlines, the national carrier of Austria and a member of the Star Alliance Group will have two scheduled flights between Colombo to Vienna from November 1. The airline has been operating once a week since last November.

The addition of another flight is a measure of faith placed on Sri Lanka's future potential as a tourist hub by this top European carrier, its local agents Browns Tours Ltd said.


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