(LANKAPUVATH | COLOMBO) –The Colombo Stock Exchange (CSE) recently signed a Memorandum of Understanding (MoU) with the Uva Wellassa University to formalize collaborative efforts to improve financial literacy among undergraduates in Sri Lanka.
The collaboration proposes to promote capital market education among undergraduates by working together on a number of mutually beneficial strategic initiatives. Accordingly, the initiative would offer practical educational training and internship opportunities for students of the Uva Wellassa University who are engaged in accountancy and finance, business management, and economics-related degree programmes with the CSE.
Further, under the terms of the MoU, the CSE will grant an award to the student who obtains the highest value in the Grade Point Average (“GPA”) in the Financial Management Specialization Programme of the University.
The Uva Wellassa University will also collaborate with the ongoing educational initiatives of the CSE, Advanced Diploma in Financial Markets (ADFM) as well as in future educational activities, by providing the required expertise and resource persons to the seminars and workshops organized by the CSE to investors around the country in promoting the capital market investments.
Commenting on the partnership, the CEO of the CSE, Rajeeva Bandaranaike, stated, “It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped to contribute to an economically stable future. Fronted on this objective, we are pleased to partner with the Uva Wellassa University, in a productive line of initiatives to promote a financially literate undergraduate population for the sustainable growth of the economy in Sri Lanka.”
The Vice Chancellor of the Uva Wellassa University, Professor Jayantha Lal Ratnasekera also sharing his views, thanked the Colombo Stock Exchange, for signing the Memorandum of Understanding with Uva Wellassa University to bring more opportunities to both parties.
“It really helps us to share our practical knowledge as well as increase industrial interactions with your precise company. I truly believe that your opportunities for our academic, non-academic, and undergraduate students have resulted in positive outcomes for the university.”
Professor Ratnasekera also emphasized the fact that, CSE’s objectives are critical to increasing undergraduate students’ industrial interactions. “Furthermore, our university is always looking to add value, and I believe this will be an excellent opportunity to collaborate on projects with more industrial partners.”
