THE MBA AT THE UNIVERSITY OF COLOMBO
The history of the Master of Business Administration (MBA) of the University of Colombo runs into more than two decades and it is one of the oldest MBA Programmes not only in Sri Lanka but also in the South Asian region. During these two decades, it has produced a significant number of professional managers who work in different parts of the world.
Meanwhile the MBA of the University of Colombo has been transformed into one of the well recognized MBAs in the region.
In 2003, the Faculty recognized the need for restructuring the MBA Programme to be on par with changing international standards and to meet the fragmented needs of the MBA candidates. This resulted in many new features, some of them, without doubt, highly innovative and unique. One such feature is the offer of MBAs with different areas of specialization. Students who are enrolled in the MBA Programme have the option of reading for the traditional MBA catered to general managers or a specialized MBA either in Finance, Human Resource Management or Marketing. Further, students have three options in reading for the MBA Programme: the Course Work Option, the Research Paper Option and the Thesis Option. The students are advised to choose to read for the most appropriate degree programme and select the most appropriate option after carefully considering their career prospects as the MBA Programme has been designed to facilitate students to customize their learning experience to best suit their career aspirations, learning habits and interests.
In 2016, once again the Faculty is introducing a restructured MBA programmes. The duration of the programme is six (06) trimesters and each semester runs into three (03) months and thus the programme runs in to two (02) calendar years within which students should earn sixty one (61) credits from twenty six (26) courses and two residential workshops (if they select the Course Work Option). Each course runs into thirty (30) contact hours or ten (10) sessions of three (03) hours. Traditional classroom learning is essentially coupled with off-campus assignments, seminars and field/company visit and residential workshops to augment the learning experience.
The programme demands a high commitment from all learning partners. Hence, prospective applicants should carefully consider their other commitments in the forthcoming years, before applying to the programme. Students are required to maintain at least 80% participation in formal learning activities (i.e. lecturers in each course) to be eligible to sit for the Trimester-End-Examination of the respective course. They also have to engage in extensive reading, group discussions and field work during the course of learning. Thus, they will have to devote a certain amount of time in addition to the normal classroom sessions.
The Faculty promotes ICT based learning at graduate level; thus students who are familiar with and have access to required ICT resources i.e. computers, internet and e-mail facilities, may find it easier to read for the MBA.
It is the belief of the Faculty that only the students, who fulfil these requirements, would reach the valued learning outcomes of its MBA Programme.
The greatest strength of the Faculty of Management & Finance of the University of Colombo is its Teaching Faculty consisting of well-trained academics. Faculty members have acquired their academic and professional training from well reputed institutes all over the world and thus have brought diverse experiences, tradition and perspectives, which are definite requirements to train the professional managers who very often need to cross the boundaries of cultures, disciplines and experiences in the continuous flux of their organizational lives.
In addition to this core faculty, the PGMCDU also draws well-trained academics from other local universities and foreign universities as well as well-experienced professional managers from both multinational and Sri Lankan corporations. This tradition has helped the PGMCDU not only to provide a sound balance between theory and practice, which is one of the core values of the teaching/learning culture at PGMCDU but also to provide an appropriate balance between global management practices and local managerial/ organizational realities.