The Department of Business Economics was introduced as a specialization degree with the objective of providing undergraduates with theory and applications of Business Management and Economics. BBA in Business Administration ( Business Economics) is a four-year special degree that prepares the students to develop their skills which will enable them to meet the challenges in the fields of Business Management and Economics and to contribute to social and national development. The Department comprises many intellectuals who are frequently on their stand to help and brighten your future. They specialized in various disciplines in Economics, Mathematics, Statistics, and Computer Technology. The Department has established a network with industry and institutes such as the Central Bank of Sri Lanka, Colombo Stock Exchange, private and public sector organizations to absorb the graduates produced by the department.
Message from the Head of the Department
Mr. A M C P Atapattu
It is great pleasure to welcome the best scholars of GCE (A/L) Examination in the Commerce stream to the Faculty of Management and Finance, University of Colombo. We are the Department of Business Economics who assist you from the beginning of your university life. Business Economics was introduced as an area of specialization in the Business Administration Degree Programme due to the unprecedented demand. Bachelor of Business Administration is a four-year fully-fledged degree programme offered by the Faculty of Management and Finance and students are having the opportunity to select Department of Business Economics in the third year for specialization of Business Economics which is currently one of the pioneering degree programmes of this nature in the university system in Sri Lanka.
The prime objective of the degree programme is to equip students with theory and application of Business Management and Economics. This facilitates the students to develop their skills which will enable them to meet the challenges in the fields of Business Management and Economics and to contribute to social and national development. The Department comprises many intellectuals who are frequently on their stand to help and brighten your future. They specialized in various disciplines in Economics, Mathematics, Statistics and Computer Technology.
The Department has established a network with industry and institutes such as the Central Bank of Sri Lanka, Colombo Stock Exchange, private and public sector organizations to absorb the graduates produced by the department. Further it is in the process of improving the industry links to facilitate the graduates to have better opportunities in prospering their career. We continuously organize many activities to improve your soft skills that the prospective employers are always looking for. We wish you to be productive for years ahead of your university life.
Former Heads of the Department
Mr. M Ramesh Rajasuriya (2016 – 2019)
Mr. WASP Weerathunga (2012- 2015)
Senior Professor. HD Karunaratne (2010 – 2012, 2015 – 2016)
Professor. HN Prabhath Jayasinghe (2007-2010)
Dr K Ravinthirakumaran
[PhD (Griffith) (Australia), M.So.Sc (NUS) (Singapore), M.Econ (UOC), BA (Econ) (Jaffna), CTHE (Col)]
Dr. M. G. Nuwan Indika
[Ph.D. (Kansas State University – USA), MA in Economics – distinction (Western Illinois University – USA), BA in Econometrics – Summa Cum Laude (Col), MEcon
(Col), ACUE –(USA)]
Ms. H M S Amanda N Herath
[Master of Global Economy and Strategy (Yonsei GSIS- Republic of Korea), BBA (Col), AATSL Passed Finalist, Reading for PhD (Yonsei GSIS- Republic of Korea)]
Senior Lecturer – Transitional(On study leave)
Ms. Nipuni K Abeysiriwardena
[MBA (PIM – SJP), BBA in Business Economics (Col)]
Non Academic Staff
Ms. W. M. P. A. D. Wickramasinghe
Mr. I. G. B. S. Jayawardena
Bachelor of Business Administration in Business Economics (Special) Degree
The students specializing in Business Economics will be trained to analyse business phenomena from an economic perspective. Unlike in a traditional degree programme in economics, these students will have the opportunity to study all core management courses. The exposure to various modules in economics will enhance their economic understanding and skills needed to analyse business and managerial situations.
|Course Code||Course Title||Credits||Course Status||Semester Offered|
|BEC-3228||Management Information Systems||2||Core||V|
|BEC-3229||Managerial Economics||2||Specialisation core||V|
|BEC-3314||International Trade||3||Specialisation core||V|
|BEC-3230||Auditing and Taxation||2||Specialisation optional||V|
|BEC-3231||Environmental Economics||2||Specialisation optional||V|
|BEC-3232||Business Ethics and Corporate Governance||2||Specialisation optional||V|
|BEC-3207||Enterprise Based Project||2||Core||VI|
|BEC-3316||International Finance||3||Specialisation core||VI|
|BEC-3317||Industrial Economics||3||Specialisation core||VI|
|BEC-3208||Seminar on Applied Research||2||Specialisation core*||VI|
|BEC-3209||Seminar on Research||2||Specialisation core*||VI|
|BEC-3233||Economics of Tourism||2||Specialisation optional||VI|
|BEC-3234||Financial Econometrics||2||Specialisation optional||VI|
|BEC-3235||Labour Law||2||Specialisation optional||VI|
|BEC-3237||Project Evaluation||2||Specialisation optional||VI|
|BEC-3239||Financial Reporting and Analysis||2||Specialisation optional||VI|
|BEC-3240||Supply Chain Management||2||Specialisation optional||VI|
|BEC-4241||Development Economics||2||Specialisation core||VII|
|BEC-4242||Contemporary Issues in Business Economics||2||Specialisation core||VII|
|BEC-4600||Applied Research Project||6||Specialisation core**||VII|
|BEC-4243||Economics of Organisations||2||Specialisation optional||VII|
|BEC-4244||Economics of SMEs||2||Specialisation optional||VII|
|BEC-4245||Financial Economics||2||Specialisation optional||VII|
|BEC-4246||Game Theory for Business Strategy||2||Specialisation optional||VII|
|BEC-4247||Labor Economics||2||Specialisation optional||VII|
|BEC-4248||Risk Management and Insurance||2||Specialisation optional||VII|
|BEC-4249||Business Valuations||2||Specialisation optional||VII|
|BEC-4801||Industrial Training||8||Specialisation core||VIII|
Economic Outlook 2020
Economic Outlook’20 is a program organized by the Business Economics Students Association (BESA) for the third consecutive time. Economic Outlook’20 consists of two parts which is a competition and a business forum. The competition affiliated to the Economic Outlook’20 is an inter-university contest on business economics, it’s practical application and on improving the affluence of the students’ knowledge and industry-based skills. The business forum was organized to discuss a rather compelling topic in Sri Lanka’s economic environment:
“Key pillars of reforming the economy and business for a progressive Sri Lanka”
Bizcontier – Magazine Launch
Bizcontier, practically elaborated business-based legend of Economics, is the first ever magazine launched by the Srilanka Forum of Junior Business Economists with the intention of uplifting the awareness of the need of Business Economics for the global, local and daily corporate world.
This piece of literary work consisted of many branches touching different aspects of the application of Business Economics. The professionals, policymakers, customers, businessmen, tourists and mainly, the university students are benefited by the content. It also brought about suggestions for the changes that should be taken place in different industrial, governmental and social sections so as to bring about positive change in the economy.
The Economic Outlook ‘18
The Economic Outlook’18, which was organized by the Business Economics Students’ Association was successfully held on November 21, 2018 at the Prof Jayarathna Auditorium of the Faculty of Management and Finance. This event was structured to provide refreshing experience to undergraduates to enhance their knowledge on all aspects of economy and development of Sri Lanka. This event was attended by Dr Indrajith Coomaraswamy (Governor of Central Bank Sri Lanka), Mr Dharmadasa Rangalle (Senior Tax Commissioner at the Department of Inland Revenue), Mr Johnathan Abeywickrema (Director of Lanka Investing Network) and Mr Dulith Herath (Founder of Kapruka) to address the gathering.
With over 200 undergraduates participating from both public and private universities, The Economic Outlook’18 created a platform for undergraduates not only to broaden their knowledge in the field of economics, but also to develop interaction between different universities in a similar areas of interest. It was helpful to broaden the students’ organizing capacities of events in this nature.
The Business Economics Students’ Association organized a Quiz Competition ‘Quiz Econ’, for first and second year undergraduates in parallel with ‘The Economic Outlook’18’ forum. The aim of the quiz was to enhance the knowledge on business economics of the undergraduates and create a competitive atmosphere in the faculty. This event was attended by the Dean, Faculty of Management and Finance, Head of the department and senior academic staff members of the Department of Business Economics. The winners were awarded at the “The Economic Outlook’18’ by the Central Bank Governor, Dr. Indrajith Coomaraswamy.
Economic Outlook 2013
‘The Economic Outlook-2013’ was the first-ever forum organized by the Business Economics Students Association of Faculty of Management and finance with the view of developing knowledge and skills among the undergraduates particularly on the field of economics. This forum contained a number of vital discussions by distinguished personalities on the perspective in the current economic affairs in Sri Lanka as well as at the global level and to enhance the know-how of entrepreneurship of undergraduates specialize in economics in both local universities and private universities.
Field Visit to Neluwa Medagama Tea Factory
A field visit to the Neluwa Medagama Tea Factory was organized by the third year students of Department of Business Economics under the guidance of the senior lecturer of University of Colombo; Mr. Yasantha Daminda. Here are some snaps of the day.
Department Of Economics – Day Out
Business Economics Department Day Out organized by final year students of the Business Economics Student Association was held on 20th February 2019 at saffron Beach Hotel, Wadduwa.