Indian degrees would cost less in Sri Lanka
Students would be able to follow courses offered by a reputed Indian
University in Sri Lanka shortly at a cost much lesser than travelling
to India if one was to follow similar courses there.
facility has been made possible following the initiative of Sri
Lanka's High Commissioner in New Delhi, Mangala Moonesinghe who
invited the university to introduce these courses in Sri Lanka.
Moonesinghe told The Sunday Times this facility will be of immense
help to students who are not in a position to travel to India because
of the exorbitant cost involved in travelling, board and lodging
and course fees taking into account the escalating exchange rates.
who aspire to obtain degrees or higher qualifications offered by
the Indian University in India could do so in Sri Lanka and travelling
from home with expenses being at the bare minimum.
Moonesinghe said his invitation was somewhat timely as the Indian
university was in the process of exploring the possibility of expanding
its services to other SAARC countries after gaining the position
as one of the recognised educational establishments.
Delhi we currently have 400 Sri Lankan students and with more Lankan
students in other parts of India', Mr. Moonesinghe said. He said
the business school run by the Education Lanka Institute of the
Institute of Chartered Financial Analysts of India (ICFAI) was rated
among the top ten recognised schools.
has taken the initiative to establish ICFAI Education Lanka (IEL),
a non-profit educational institution in Colombo. The ICFAI this
week inaugurated its curricula of courses at a ceremony presided
over by Foreign Minister Lakshman Kadirgamar.
and Graduate level degree programmes in the fields of Commerce,
Business Management and Science and Technology will begin from November
at the College premises in Kohuwela.
an equal opportunity educational institution the fees range between
40,000 and 50,000 a year when compared with some Rs. 220,000 a student
would have to pay in Delhi.
main aim of the IEL is to provide a job-oriented curriculum to ensure
steady employment for graduates of the institute. Imparting skills
and in depth knowledge in areas like science and Technology, Paramedical
Sciences and IT etc., will gradually be introduced to the programme
Media Communication Manager R.S. Prasad told The Sunday Times that
one of the main benefits would be that courses would cater to the
requirements of the local students.
said the institute goes to the extent of finding placements to the
students who complete their courses. IEL's local representative
Peter Woodman said initially the institute would have an intake
of 500 students with plans to expand it depending on the demand.
said prospective applicants for any basic degree programme need
to be A/L qualified at least, however, work experience too would
be taken into consideration.
found satisfactory at the end of the first year of operations, it
is proposed that a College of Science and Technology be established
on obtaining a suitable location. This College would offer various
Engineering and Technology courses such as Electronics and Communication
Engineering, Bio-technology and Computer Science and Engineering.
also has plans to promote an up market Business School and a Teacher
Training Institute. The training courses commence on November 8
with foundation courses in soft skill development and allied subjects.
ICFAI University represents the multi state network of Universities
sponsored by the Institute of Chartered Financial Analysts of India.
It confers degrees at Bachelor, Master and Doctoral levels in the
areas of Finance, Banking, Insurance, Accounting, Law, Management,
IT, Arts, Commerce, Education and Science and Technology. Presently,
these educational programmes are some of the most reputed and recognised
programmes in India.
publishes many books and journals and currently has a subscriber
base of more than 25,000. They intend to make many of these books
available to the academic community in Sri Lanka through suitable
tie-ups. This could eventually result in the creation of a locally
based, knowledge resource centre as well.
on the success of this institute in Colombo, the IEL expects to
branch out island-wide especially to Kandy, Galle, Trincomalee and
important feature is that the IEL would be under the umbrella of
the ICFAI and this institute is just the first step towards the
making of a more integrated higher educational infrastructure.
overall objective is to set up a comprehensive University with multi-disciplinary
educational programmes in higher education.