UNDERGRADUATE PROSPECTUSwyb.ac.lk › ... › FBSF-Prospectus-2018-3-1-New-New-converted.pdf ·...

ii

UNDERGRADUATE PROSPECTUS

2018

Faculty of Business Studies & Finance

Wayamba University of Sri Lanka

Approved By the Faculty Board

iii

Table of Contents

Foreword............................................................................................................................ iii

Message from the Vice-Chancellor .....................................................................................1

Message from the Dean .......................................................................................................2

Wayamba University of Sri Lanka ..................................................................................... 3

Faculty of Business Studies and Finance............................................................................ 4

Offices and Student Service Units of the Faculty of Business Studies and

Finance.................................................................................................................................7

Student Support System & Management..............................................................................9

Faculty Contact Details ......................................................................................................14

Awards/Prizes and Scholarship ..........................................................................................15

Examination Procedures, Offences and Punishments ....................................................... 16

Degree Programees offered by the Faculty of Business Studies and Finance....................25

Academic Departments

Department of Accountancy ..............................................................................................27

Department of Banking and Finance................................................................................. 34

Department of Business Management................................................................................40

Department of Insurance and Valuation.............................................................................44

Department of English Language Teaching ......................................................................48

iv

FOREWORD

This prospectus is published for the new entrants to the Faculty of Business Studies and

Finance, Wayamba University of Sri Lanka. It provides undergraduates with information on

the academic programme for first two years, Degree programs offered by faculty, examination

procedures, scholarships and awards, and facilities and services available in the Faculty of

Business Studies and Finance.

Undergraduates are advised to read this prospectus carefully and contact relevant officers and

authorities in the Faculty of Business Studies and Finance for further information if needed.

Information on academic staff members included in this prospectus is as at 01st October 2018.

1

MESSAGE FROM THE VICE CHANCELLOR

I am pleased to release this message for the first issue of the

Prospectus by the Faculty of Business Studies and Finance,

Wayamba University of Sri Lanka. The Faculty of Business

Studies and Finance is one of the leading Faculties at the

Wayamba University of Sri Lanka. This Faculty has

successfully survived many challenges along the way and it

is now in a position to compete with other reputed

Universities in Sri Lanka.

It is noteworthy that the Faculty of Business Studies and

Finance has introduced new degree programmes to meet the

requirements of the country, while maintaining the high standards of the existing degree

programmes. The academic and non-academic staff members, as well as the students, have

worked collectively to bring credit and significant achievements to the faculty.

The Faculty of Business Studies and Finance is on the way to achieving its vision to be a Center

of excellence in the Business Studies and Finance education in Sri Lanka, progressing well

through innovative programs, high quality graduate and personal repute.

The world is changing rapidly creating new opportunities and challenges for the Universities.

In this emerging scenario, the Faculty of Business Studies and Finance has chosen the way

forward towards continuous improvement and innovation. Further, the Faculty shall adopt an

integrated, holistic approach focusing on value enhancement, which forms the cornerstone of

success in today’s increasingly complex and competitive environment.

I wish the Faculty of Business Studies and Finance all success in its efforts to become a Center

of excellence in the Business Studies and Finance education in Sri Lanka.

Prof. E.M.P. Ekanayake

The Vice-Chancellor


2

MESSAGE FROM THE DEAN, FACULTY OF BUSINESS

STUDIES & FINANCE

As the Dean of the Faculty, let me first welcome you to the Faculty

of Business studies & Finance, Wayamba University of Sri Lanka.

As a fast growing faculty, we produce quality employable graduates

by offering quality Degree programmes with Postgraduate and

Diploma programmes. Today, the business sector is flourishing in

our country and requires more employees and professionals to meet

the demand. Having identified expected qualities and competencies

required for the business sector with keen focusing on nature and trends in that sector FBSF

designed its internal and external programmes to cope up with the challenge.

With its highly qualified academic staff, the Faculty of Business Studies and Finance is

committed to high quality teaching and research promoting an intellectually stimulating

multidisciplinary environment. It also strives to impart with specialized knowledge, skills and

the required practical training in order face for the future challenges in both academic and

professional contexts. Further, the Faculty of Business Studies and Finance offers a variety of

opportunities to gain certain valuable and unique experiences in life, to enhance personal

qualities and to become a committed and a responsible citizen of this country.

Presently, the Faculty of Business Studies and Finance, Wayamba University of Sri Lanka uses

various strategies to improve socio-emotional skills which are very essential for improving

employability of the students. Similarly, the continuous assessment of the teaching and learning

process reflects the faculty’s desire to prepare students for the labour market.

I hope that students will make use of the facilities and opportunities provided by the faculty to

become outstanding professionals to serve the country and outside.

Dr. R.A Rathnasiri

Dean,

Faculty of Business Studies and Finance,

Wayamba University of Sri Lanka,

Kuliyapitiya.

3

WAYAMBA UNIVERSITY OF SRI LANKA

Founded in 1999, Wayamba University of Sri Lanka (WUSL) is the thirteenth state sector

university in Sri Lanka and is one of the latest and modern learning and research institutions in

Sri Lanka. The main administrative buildings and four Faculties are located at Kuliyapitiya

(Faculty of Applied Sciences, Faculty of Business Studies & Finance, Faculty of Medicine and

Faculty of Technology), while the other two Faculties are located at Makandura (Faculty of

Agriculture & Plantation Management and Faculty of Livestock, Fisheries & Nutrition).The

degree programmes offered at Wayamba University are different from others as it offers

students much more than a mere educational qualification. Curricular of the University aims at

providing students a total holistic approach to one of a kind educational experience that enables

them to achieve career goals along with creativity and innovativeness. The graduates are

expected be employable individuals as well as valuable citizens who will be of benefit to the

society. The high practical content and opportunities for in-plant/industrial training are

characteristic features of our undergraduate study programmes which results in a good record

of graduate employment. The University has established links with national and regional

industries, business establishments, research institutes and government and non-government

organizations.

University Vision

To be a leading higher education institute in Sri Lanka recognized for its outstanding academic

programmes, innovative research, scholarship and outreach with the ultimate target of serving

the mankind

University Mission

To develop highly qualified and responsible citizens who contribute to the improvement of

society and sustainable development of the country

4

FACULTY OF BUSINESS STUDIES AND FINANCE

FBSF was established on 01st October 1999 by the Government Notification in the

Extraordinary Gazette No.1093/8 of Tuesday, 17 August 1999 and remains as the fastest

growing faculty of the Wayamba University of Sri Lanka.

The faculty is located at Kuliyapitiya premises of the Wayamba University and consists of five

departments of studies, namely,

1. Department of Accountancy and Finance

2. Department of Banking and Finance

3. Department of Business Management

4. Department of Insurance and Valuation.

5. Department of English Language Teaching

The FBSF is committed to pursue excellence in teaching courses in the field of Business

Studies and Finance disciplines, conducting management researches and community services

in the region while making all efforts to be the center of excellence for Business Studies and

Finance education in Sri Lanka. In line with this objective faculty manages to offer degrees in

the discipline of Business Studies and Finance. Presently over 2000 undergraduate and

postgraduate students are studying in the faculty.

There is a good blend of human competencies available in the faculty and it is geared to practice

modern teaching and learning techniques at all times. The faculty owns a well-equipped

5

computer laboratory in its own. Majority of faculty’s lecture rooms are provided with fixed

multimedia facilities in a way that helps teachers and students to incorporate modern

technology in to the learning environment

FACULTY MISSION

To develop intellectual, ethical and socially responsible human capital through management

education, innovative research and outreach programmes to the sustainable development and

the wellbeing of the society.

FACULTY VISION

To be the center of excellence in management education.

Faculty Symposiums

• Annual Research Symposium in Management (ARSYM)

Annual research symposium in management (ARSYM) is organized by the Faculty of

Business Studies and Finance, Wayamba University of Sri Lanka under the theme of

‘Reaching unreached through innovative research in management’. Doing research is

essential to ensure sustainable development as it is transformational and essence of

benefits pass to the society.

Therefore, developing research culture in universities is the paramount important and

this symposium will provide an opportunity to promote research culture among the

undergraduate and postgraduate students in the faculty. Accordingly, the aim of the

ARSYM is to provide a platform to share the research thoughts and findings of

undergraduate and postgraduate researches not only in the Wayamba University, but

also in other national Universities in Sri Lanka.

6

Undergraduate Admission of Faculty of Business Studies & Finance

(Academic Years 2008/2009 – 2015/2016)

External Programmes offered by Faculty of Business Studies and Finance

Course Offering Department

Certificate in Personal Financial Management (CPFM) Department of Accountancy

Diploma in Personal Financial Management (DPFM) Department of Accountancy

Higher Diploma in Personal Financial Management

(HDPFM)

Department of Accountancy

218281

342

460 438

367

494 497

Nu

mb

er

of

Stu

de

nts

Academic Year

7

Diploma in Banking and Financial Studies (DBFS) Department of Banking &

Finance

Higher Diploma in Banking and Financial Studies Department of Banking &

Finance

Post Graduate Diploma in Business Management

(PGDBM)

Department of Business

Management

Masters Degree in Business Administration (MBA) Department of Business

Management

Diploma In Business Management (DBM) Department of Business

Management

Diploma in Insurance Department of Insurance &

Valuation

Higher Diploma in Insurance Department of Insurance &

Valuation

8

OFFICES AND STUDENT SERVICE UNITS OF THE

FACULTY OF BUSINESS STUDIES AND FINANCE

Learning Resource System

The Faculty is moderately equipped with appropriate learning resources system, which is

essential in providing quality education in the 21st century. Following facilities are provided to

ensure an enhanced teaching-learning environment.

i University Library Facilities

The Library of the Wayamba University of Sri Lanka consists of two Libraries. One is

serving for Faculty of Applied Sciences and Faculty of Business Studies & Finance at

Kuliyapitiya premises and the other Library is serving for Faculty of Agriculture and

Plantation Management and Faculty of Livestock, Fisheries & Nutrition at Makandura

Premises. Total Number of book stock as at 31.12.2016 was 39,087.

ii The Department of Physical Education

The Physical Education Unit focuses on developing the sports skills of undergraduates

through standard and methodical physical education and training programmes and

recreational activities. Training in sports/games is undertaken by the unit for undergraduates

to take part in inter-university, national and international level. Physical Education Unit

considers that the high standards of health and fitness in both students and staff lead to an

active cooperation in working environment and a healthier, happier and safer community.

9

The main unit is located at Kuliyapitiya Premises and the sub unit is sited in Makandura

Premises.

iii Computer Laboratory Facilities

Information Communication Technology (ICT) Center is the primary provider of computing

and information technology resources, services, and support to Kuliyapitiya Premises of

Wayamba University of Sri Lanka. It provides IT training programs for students, staff, and

external professionals to improve demanding IT skills. It is committed to the support of

academic activities by promoting on-campus information literacy, and by providing a

suitable information technology environment.

iv Learning Management Systems (LMS)

FBSF is implementing Learning Management System (LMS) for it’s all the subjects. A

close interaction was build up with the students through the system. Modern teaching

approaches like online tests, assignment submission, posting common notices, uploading

latest materials & handouts were carried out through the system.

10

STUDENT SUPPORT SYSTEM & MANAGEMENT

The following student support services & amenities provided for the well-being of students

during their undergraduate time period. The descriptions about the services and amenities are

as follows.

i. Accommodation Facilities

Total Male and Female students in the University in the year 2016 were 1218 and

2006 respectively. Among them 620 male students and 1350 female students were

given the University hostels as at 31.12.2016. Generally the University provides

hostel facilities for first and final year students considering the distance from the

residence.

ii. Canteen Facilities

University is currently having four (04) canteens. Out of that two (02) were located

at Kuliyapitiya Premises and the rest were established at Makandura premises.

Further to that, staff Canteen was established at the University Administration

complex.

11

iii.

Career Guidance Unit

The Career Guidance Unit (CGU) of the Wayamba University of Sri Lanka was

established on January, 2003 through the initiative of the University grant

Commission (UGC), Sri Lanka with the objectives of enhancing the quality of

university students‟ professional skills and soft skills, whilst strengthening the link

between university students and the corporate sector. Since the establishment, CGU

has been organizing events, facilitating this purpose and the unit is functioning

directly under the Vice-chancellor. CGU strives to provide a well-balanced variety

of direct services, educational programs, and resource materials.

12

iv. Sports Facilities

Physical Education Unit is the key provider and the promoter of the best possible

sports and recreation environment for the University Community. It considers that

the high standards of health and fitness in both students and staff lead to an active

cooperation in working environment and a healthier, happier and safer community.

The main unit is located at Kuliyapitiya Premises and the sub unit is sited in

Makandura Premises.

v.

Banking Facilities

A unit of the Bank of Ceylon was established to facilitate the student banking needs.

With the immense demand, recently the unit was converted to the branch and now

named as “BOC Wayamba University branch”

vi. Capital Market Information Center

A center for Capital Market Information was established within the Faculty with the

purpose of facilitating the students with the information for the capital markets for the

research studies and other academic works

13

vii. Student Counseling and Mentoring Service

FBSF has an improved counseling and mentoring process. Senior Student Counselor,

Student Counselors and Mentors are duly appointed and TORs has been prepared.

Students are advised to maintain regular contacts with the Student Counselors and the

Mentors to avail of the counseling service provided by the Faculty.

viii. Business Incubation Center

An incubator and technology transfer center has been established at Makandura

together with the National Enterprise Development Authority. This will facilitate

start-ups to obtain basic facilities and business ideas.

ix. Student-Staff Liaison Committee

This committee consists of student representatives and number of faculty

members. It goal is to facilitate a continues dialogue between students and the

faculty on student needs and issues. The Dean of the faculty is the chairperson

of this committee. Students are encouraged to report any matter requiring urgent

attention to this committee.

x. Personal Tutors

All first year students are grouped and each group is assigned a personal tutor as

a mentor. The mentor is a member of the academic staff of the Faculty of

Business Studies and Finance. Students should meet their personal tutors

regularly and are encouraged to bring the notice of their mentors any personal

matters they wish to discuss.

xi Quality Assurance Cell (QAC) of the Faculty of Business Studies

and Finance

The QAC of the Faculty was established in 2017as per the requirements

stipulated by the Quality Assurance and Accreditation Centre (QAAC) of the

UGC. Accordingly the QAC functions under the purview of the Internal Quality

Assurance Unit (IQAU) of the Wayamba University of Sri Lanka. A main

responsibility of the QAC is to promote quality enhancement activities within

the Faculty liaising with Curriculum Development Committee and other Faculty

14

committees. The QAC functions under the guidance of the IQAU to ensure the

successful implementation of policies and activities proposed by the QAAC in

order to improve quality of the programs offered by the Faculty of Business

Studies and Finance.

The QAC comprises the Dean, Assistant Registrar of the Faculty, All Heads of

the Departments, Faculty representative of IQAU of WUSL, and All Department

representatives.

xii Sub – Committees formed by the Faculty of Business Studies and

Finance

✓ Curriculum and Academic Development Committee

✓ Research, Development and Publication Committee

✓ Student Advisory and Welfare Committee

✓ Scholarship, Staff Development and Ethics Committee

✓ Faculty Higher Degree Committee

15

Faculty Contact Details

Offices/Officers Telephone E mail ID

Dean, Faculty of Business Studies &

Finance 037-2283621 [email protected]

Assistant Registrar 037-2284215 [email protected]

Department of Accountancy 037-2284214 [email protected]

Department of Banking & Finance 037-2284216 [email protected]

Department of Business Management 037-2283618 [email protected]

Department of Insurance & Valuation 037-2284213 [email protected]

Career Guidance Unit 037-2282091 [email protected]

Librarian 037-2283169 [email protected]

Information Communication Center 037-2284528 [email protected]

Department of English Language

Teaching 037-2283155

Physical Education Unit 037-2283974 [email protected]

Medical Center 037-2284779

Student Welfare 037-2283167 [email protected]

mailto:[email protected]











16

AWARDS AND SCHOLARSHIPS

1. Slimline Gold Medal for the best overall performance in the Faculty of Business Studies

and Finance

2. CMA Gold Medal for the best performance in Department of Accountancy

3. Bank of Ceylon Gold Medal for the best performance in Department of Banking and

Finance

4. Slimtex Gold Medal for the best performance in Department of Business Management

5. The Janashakthi Gold Medal for the best performance in Department of Insurance and

Valuation

6. Security and Exchange Commissions’ Gold Medal and cash award for the best

performance in Money and Capital Markets subject in Department of Banking &

Finance

17

EXAMINATION BY LAWS OFFENCES AND PUNISHMENTS

Regulations made by the Senate of the Wayamba University of Sri Lanka under section 136

read with Sections 29,45 ,and 46 of the Universities Act No. 16 of 1978 as amended by the

Universities (Amendment) Act No.7 of 1985.

Regulations

These regulations may be cited as the Examination Procedure, Offences & Punishment

Regulation No 01 of 2013, effective from 28.02.2013

Part I

Examination Procedures

Item

1.1 A candidate is expected to be outside the Examination Hall at least 15 minutes before

the commencement of each paper, but shall not enter the Hall until he/she is requested

to do so by the Supervisor.

1.2 On admission to the hall a candidate shall occupy the seat allocated to him/her and shall

not change it except on the specific instructions of the Supervisor.

1.3 Candidate shall not be admitted to the Examination Hall after the expiry of 20 minutes

from the commencement of the Examination in the case of one to three hours’ duration.

If an MCQ paper is included in the evaluation, candidates shall not be admitted after the

expiry of 10 minutes of the commencement of the Examination. A candidate shall not

be allowed to leave the hall until the Examination is over and the papers are collected

and counted.

Under exceptional circumstances, the Supervisor in consultation with the Vice

Chancellor/ Registrar or Dean of the Faculty concerned may use his discretion in the

enforcement of item no.1.3.

1.4 A candidate shall have his/her student record book/student identity card and the

admission card with him/her in the examination hall on every occasion he/she presents

himself/herself for a paper. His/her candidature is liable to be cancelled if he/she does

not produce the student record book/student identity card and admission card when

requested to do so. If he/she fails to bring his/her student record book/student identity

card and the admission card he/she shall sign a declaration in the form provided for it,

in respect of the paper for which he/she had not produced the student record book/student

identity card or admission card acknowledging that he/she has been permitted to sit the

18

paper conditionally until the matter is resolved, and produce the student record

book/student identity card and/or admission card on the next occasion when he/she

appears for the examination. If it is the last paper or the only paper he/she is sitting,

he/she shall produce the student record book/ student identity card to the Registrar or

the relevant Senior Asst. Registrar/ Asst. Registrar within the next three working days.

If a candidate loses his/her student record book/student identity or admission card during

the examination period, he/she shall obtain a duplicate of student record book/student

identity card/admission card as the case may be from the Registrar or relevant Senior

Asst. Registrar/ Asst Registrar for production at the Examination Hall.

1.5 A candidate shall not have on his/her person or in his/her clothes or on the admission

card, time table, students record book/student identity card, any notes sings or formulae

etc. Books, notes, parcels, handbags, hand phones and electronic devices etc. which are

not permitted which a candidate has brought with him/her should be kept at a

place a candidate has brought with him/her should be kept at a place identified

by the Supervisor/Invigilator.

1.6 A candidate may be requested by the Supervisor to declare any item in his/her possession

or person.

1.7 No candidate shall copy or attempt to copy from any book or paper or notes or similar

material or from the scripts of another candidate. A candidate shall neither help another

candidate nor obtain help from another candidate or any other person. A candidate shall

not conduct himself/herself so negligently that an-opportunity is given to any other

candidate to read anything written by him/her or to watch any practical examination

performed by him/her. No candidate shall use any other unfair means or obtain or

render improper assistance at the examination.

1.8 If any candidate was found to have copied from another candidate by an examiner at the

time of marking, he/she would be treated as having committed a punishable offence.

1.9 No candidate shall submit a practical book or field book or dissertation /thesis or project

study or answer script which has been prepared wholly or partly by anyone other

than the candidate himself/herself.

1.10 A candidate shall bring his/her own pens, ink, mathematical instruments, erasers,

pencils, or any other approved equipment or stationary which he/she has been

instructed to bring. The use of a calculator (authorized types only) will be permitted only

for papers that contain a rubric to that effect.

1.11 Examination stationary (i.e. writing paper, graph paper, drawing paper, ledger paper,

précis paper etc.) will be supplied at the Examination Hall as and when necessary. No

sheet of paper or answer book supplied to a candidate may be torn, crumpled, folded or

otherwise mutilated. No papers other than those supplied to him/her by the Supervisor/

19

Invigilator shall be used by candidates. All material supplied, whether used or unused,

including rough work, shall not be removed from the Examination hall.

1.12 Every candidate shall enter his/her Index Number on each answer book and on every

continuation paper. He/she shall also enter all necessary particulars as required. A

candidate who inserts on script an Index Number other than his/her own is liable to be

considered as having attempted to cheat.

A script that bears no Index Number or has an Index Number which cannot be identified

is liable to be rejected. No candidate shall write his/her name or any other identifying

mark on the answer script.

1.13 All calculations and rough work shall be done only on paper supplied for the examination,

and shall be cancelled and attached to the answer script. Such work should not be done

on any other material. Any candidate who disregards these instructions runs the risk

of being considered as having written notes or outline of answers with the intention

of copying.

1.14 Any answer or part of an answer which is not to be considered for the purpose of

assessment shall be neatly crossed out. If the same question has been attempted in more

than one place the answer or answers that arc not to be considered shall be neatly crossed

out.

1.15 Candidates are under the authority of the supervisor and shall assist him/her by carrying

out his/her instructions and those of the Invigilators during the examination and

immediately before and after it.

1.16 Every candidate shall conduct himself/herself in the Examination Hall and its precincts

as not to cause disturbance or inconveniences to the Supervisor or his staff or to other

candidates. In entering and leaving the hall, he/she shall conduct himself/herself as

quietly as possible. A candidate is liable to be excluded from the Examination hall

for disorderly conduct.

1.17 Candidates shall stop answering & keep answer scripts ready to be collected promptly

when ordered by the Supervisor/Invigilator to do so. All calculations and rough work

shall be done only on paper supplied for the examination, and shall be cancelled and

attached to the answer script. Such work should not be done on any other material. Any

candidate who disregards these instructions runs the risk of being considered as

having written notes or outline of answers with the intention of copying.

1.18 Absolute silence shall be maintained in the Examination Hall and its precincts. A

candidate is not permitted for any reason whatsoever to communicate or to have

any dealings with any person other than the Supervisor/ Invigilator. The attention of the

Supervisor/Invigilator shall be drawn by the candidate by raising his/her hand from

where he/she is seated.

20

1.19 During the course of answering no candidate shall be permitted to leave the Examination

Hall temporarily. In case of an emergency, the Supervisor/ Invigilator may grant him/her

permission to do so but the candidate will be under his/her surveillance.

1.20 No person shall impersonate a candidate at the examination nor shall any candidate allow

himself/herself to be impersonated by another person.

1.21 Any candidate receiving unauthorized assistance from any person shall be deemed to

have committed an examination offence.

1.22 If circumstances arise which in the opinion of the Supervisor render the cancellation or

postponement of the examination necessary, he/she shall stop the examination, collect

the scripts already written and then report the matter as soon as possible to the Vice

Chancellor/Registrar.

1.23 The Supervisor is empowered to obtain from any candidate a statement in writing on any

matter which may have arisen during the course of the examination and such statement

shall be signed by the candidate. No candidate shall refuse to make such a statement or

to sign it. If such a candidate refuses to make such a statement or refuse to sign it, the

Supervisor shall make his own statement and report the matter to the Vice-Chancellor/

Registrar.

1.24 No candidate shall contact any person other than the Vice Chancellor, Dean, and Head of

the Department, the Registrar or the relevant Senior Asst. Registrar /Asst. Registrar

regarding any matter concerning the examination.

1.25 Every candidate shall hand over the answer script personally to the

Supervisor/Invigilator, or remain in his/her seat until it is collected. On no account shall

a candidate hand over his/her answer script to an attendant, a minor employee or another

candidate.

1.26 Every candidate who registers for an examination shall be deemed to have sat the

examination unless he/she withdraws from the examination before the commencement of

the examination. In case of sickness he/she should submit a medical certificate in support

of his/her absence, prior to the commencement of the examination. If such a

document cannot be submitted before the commencement of the examination, a candidate

shall inform of his/her inability to attend the examination to the Dean of the Faculty

within a week after the commencement of the examination. The medical certificate shall

conform to the Senate Regulations.

1.27 When a candidate is unable to present himself/herself for any part/section of an

examination, he/she shall notify or cause to be notified this fact to the Dean of the Faculty

and relevant Senior Asst. Registrar or Asst. Registrar immediately. This should be

confirmed in writing with supporting documents by registered post within two weeks.

21

1.28 A student who does not maintain an attendance of not less than 80% of a given Semester

for both Lectures/ Practical and not fulfills other requirements specified by the relevant

Faculty are not eligible to sit the particular examination paper.

1.29 No student shall sit an examination, if he/she has exhausted the number of attempts that

he/she is allowed to sit that particular examination, unless he/she has been granted special

permission to do so by the Senate.

1.30 The other matters and issues related to examinations which do not cover by the by-laws

will be decided by the Senate.

Procedure approved by the senate of the Wayamba University of Sri Lanka for the

acceptance of medical certificates submitted by students for absence from course work

and examinations.

(1) Students are requested to support the absence from Course Work or Examination due to

illness by a valid Medical Certificate conforming to the format of a Medical Certificate

issued by a Government Hospital. Such Medical Certificates should be obtained from

the following persons :

University Medical Officer

(UMO) District Medical

Officer

Consultant Specialist in the particular

field Head of a Government Base

Hospital

Medical superintendent of a Provincial Ayurvedic Government

Hospital Ayurvedic Physician registered in the Ayurvedic Medical

Council

Under exceptional circumstances Medical Certificates issued by Private Hospitals or

registered private practitioners could be considered by the University Medical Officer

or Medical Board.

(2) Students who fall ill during sessions or examination time should contact the University

Medical Officer at the University Health Center immediately. If a student falls sick at

home or elsewhere during sessions or examination time he/she or his/her guardian

should inform the Dean of the respective Faculty (immediately) followed by a letter

indicating the nature of the illness and the name of the attending doctor etc. Within seven

(7) days Medical Certificate supporting the illness of the student also should be sent to

the Dean.

22

Under exceptional circumstances if a student was not able to meet the dead line

mentioned above, he/she could send his/her appeal to the Senate.

Part II

Examination Offences and Punishments

2.1 Any candidate who violates item 1.5 of Examination Procedure shall be deemed guilty of

the offence of possession of unauthorized documents and his/her candidature for that

examination shall be cancelled and he/she shall be prohibited from sitting any examination

of this University for a period varying from 1 to 3 academic years.

2.2 Any candidate who violates item 1.7 or 1.8 of Examination Procedure shall be deemed

guilty of the offence of copying and therefore his/her candidature shall be cancelled from

that examination and he/she shall be prohibited from sitting any examination of this

University for a period from 2 to3 academic years.

2.3 Any candidate who violates item 1.9 of Examination Procedure shall be deemed guilty of

the offence of having cheated at the examination and his/her candidature for that

examination shall be cancelled and to be prohibited from sitting any examination of this

University for a period varying from 2 to 3 academic years.

2.4 Any candidate who is detected removing examination stationary and other material

provided for the examination (item 1.11) shall be deemed guilty of an examination

offence and his/her candidature for that examination shall be cancelled and he/she shall

be liable to be prohibited from sitting any examination of this University for a period up to

two academic years.

2.5 Any candidate who violates any one or more of the item in 1.6, 1.15, 1.16,1.17,1.18 and

1.19 shall be deemed guilty of the offences of disorderly conduct and his/her

candidature shall be cancelled from that examination and he/she shall be prohibited from

sitting any examination of this University for a period up to two academic years.

2.6 Any candidate who violates item 1.20 shall be guilty of the offence of impersonation and

his/her candidature for that examination shall be cancelled and he/she shall be prohibited

from sitting any examination of this University. Impersonator/s may also be liable to any

punishment under the Penal Code/ Criminal Law. In the event the impersonator is found to

be a graduate of this University, his/her degree shall be withdrawn.

2.7 Any candidate who violates item 1.21 shall be guilty of an examination offence and his/her

candidature for that examination shall be cancelled and he/she shall be prohibited from

sitting any examination of this University for a period of 1 to 3 academic years.

2.8 Any candidate found aiding and abetting in the commission of any of the above

examination offences shall be deemed to have committed that Aiding and offence and shall

be punished in respect of the offence in accordance, Abetting with the provisions of the

relevant section.

23

2.9 Any other offence which is not covered in the above section alleged to have been committed by a candidate and reported to the relevant authority by a Supervisor or Examiner shall be

inquired into and final decision will be taken by the Senate. 2.10 Students found guilty of offences will not be eligible for classes and Medals/ Awards.

Part III

Provision for re-scrutinizing of marks and grades of undergraduates

3.1 Policy Guidelines

3.1.1 All marks and grades obtained by a student at any examination (i.e. in-course

assessment, assignment, semester examination, Final examination, etc.) must be free of

any errors of addition, computation and transcription.

3.1.2 Provisions shall be made for undergraduate students to submit request for verification

of their examination marks and grades, if they wish to do so, particularly for the end-

semester examinations and final Examinations.

3.1.3 However, the examiners’ discretion to allocate marks for the answers presented in the

answer scripts for the question(s) presented in the question paper, based on the pre-

determined criteria and/or model answer expected shall not to be undermined and hence

the verification process will be limited only to check for accuracy of addition,

computation and transcription (ACT Verification) and not for re-marking of scripts.

3.1.4 The provision for requesting re–scrutinizing of marks and grades shall be limited only

during the 2 weeks immediately following the release of results of an examination. As

the cost of re–scrutinizing process must be borne by the student, a non-refundable fee,

calculated on the basis of actual cost of re-scrutiny process shall be levied on the

student.

3.1.5 The Dean of the Faculty in consultation with the Chief examiner of the examination

shall convene Results Verification Board, constituted as prescribed by these by-laws

and verification of results must be conducted in accordance with the guidelines

prescribed herein.

3.1.6 If the marks and grades are not changed, the candidate shall be notified by the Dean

through SAR / AR of the Faculty after the meeting of the Results Verification Board.

However, if the marks and grades are changed, the outcome of the verification shall be

notified to the candidate (s) only after the ratification of results by the Special Result

Board of the Faculty in the case of end-semester examination. Whereas in the case of

Final Examination, amended results should only be released after obtaining the

approval of the Senate and Council of the University.

3.1.7 The results issued to the students (s) following the re–scrutiny of marks and grades shall

be the final and no more requests shall be entertained thereafter.

24

3.2 Procedures

3.2.1 SAR / AR of the Faculty should notify the students of the relevant examination the period during which the requests for verification of results are entertained by displaying a notice in the Notice Board of the Deans’ Office.

3.2.2 A payment of Rs. 500/= (subject to revision) per course / subject of an end – semester

examination shall be charged for verification of the marks and grades and the issue of application forms (Annexure 1) must be done only upon submission of receipt for the

prescribed payment.

3.2.3 The Dean shall convene the Results Verification Board meeting for verification of marks/grade within 3 working days upon closure of the applications.

3.2.4 The Results Verification Board shall consist of the following persons:

1. Dean of the faculty (convener)

2. Head of Department(s)

3. Chief Examiner (if applicable)

4. Examiners in-charge of each subject / paper When the Head is a Chief Examiner / Examiner in charge of each examination / subject / paper, another member from the same Department can be called for the Results Verification Board.

3.2.5 The Head of Department in-charge of the relevant course(s) / subject(s) shall present

the individual marks / grades sheets for different components of the examination(s) (i.e.

written, oral, laboratory, continues assessment, etc.) and the answer scripts for scrutiny of the Results Verification Board.

3.2.6 The Results Verification Board should proceed to check the accuracy of addition,

computation and transcription of results (ACT Verification).

3.2.7 If the number of applications received is too large the Dean of the Faculty in consultation with the Chief Examiner can appoint relevant Sub-Committees for

verification of marks and grades. In such instances verified results should be tabled at the Results Verification Board for ratification.

3.2.8 If there is no change of grades, the Dean of the Faculty through the SAR / AR of the

Faculty should inform the candidate(s) soon after the Results Verification Board meeting.

3.2.9 A Special Results Board should be held within five working days to ratify the results if

a revision of marks / grades is necessary and the decision of the Special Results Board shall be the final.

3.2.10 If the marks and grades are changed, in the case of end-semester examination the

outcome of the verification shall be notified to the candidate(s) following the

ratification of amended results by the Special Result Board of the Faculty whereas in the case of final examination, amended results ratified by the Special Results Board

further be approved by the Senate and Council of the University before it is released to the candidate(s).

25

3.2.11 SAR / AR of the Faculty should maintain a record of all verification applications and the outcome of all applications and should submit a report to the Faculty Board after completion of re-scrutiny process.

26

DEGREE PROGRAMEES OFFERED BY THE FACULTY OF

BUSINESS STUDIES AND FINANCE

During the first two years, students are required to follow the common programme which is offered

by the Faculty of Business Studies and Finance with the concentration of Management,

Economics, Accountancy, Business Statistics and Mathematics, and Information Management.

Later, the students are given opportunities to select their specialization from four degree

programmes.

Specialization

First

Year

Second

Year

Department of

Banking &

Finance

Department of

Business

Management

Department

of Insurance

and

valuation

Department of

Accountancy

Third Year

B.Sc. (Special) in

Accountancy &

Business Finance

B.Sc. (Special) in

Banking & Finance

B.Sc. (Special) in

Business

Management

B.Sc. (Special) in

Insurance &

Finance

Fourth Year

27

Curriculum of the Degree Programme (Common Programme)

Year Semester Course Code Course Title Credits

Year

I

Semester

I

MGT 1114 Principles of Management &

Organizational Theory 4

BNF 1113 Microeconomics 3

BSF 1113 Business Mathematics I 3

BSF 1123 Business Environment 3

ACT 1114 Financial Accounting 4

ELT 1110 English I – Grammatical Foundation 0

Total Credits for the Semester I 17

Semester

II

MGT 1224 Organizational Behavior 4

BNF 1224 Macroeconomics 4

BSF 1233 Business Mathematics II 3

BSF 1243 Information Technology 3

ACT 1224 Cost and Management Accounting 4

ELT 1210 English II – Composition 0

Total Credits for the Semester II 18

Total Credits for the 1st Year 35

Year

II

Semester

I

MGT 2114 Human Resource Management 4

BSF 2114 Business Statistics 4

MGT 2123 Computer software and Applications 3

ACT 2114 Taxation & Auditing 4

MGT 2131 Business Communication I 1


Semester

II

MGT 2224 Marketing Management 4

BNF 2214 Managerial Economics 4

BSF 2244 Commercial Law & Industrial Law 4

ACT 2224 Financial Management 4

MGT 2251 Business Communication II 1


Total Credits for the 2nd Year 33

28

ACADEMIC DEPARTMENTS

Department of Accountancy

DOA is established under FBSF and offers B.Sc. (Special) Degree in Accountancy and Business

Finance. This is a four years duration programme conducted in English medium and the objective

of the B.Sc. (Special) Degree in Accountancy and Business Finance is to offer with the students a

sound academic and professional background in Accountancy and Business Finance enabling them

to develop productive use of resources and control in Sri Lanka and elsewhere in the world. It

concentrates on producing outstanding graduates who are employable in the public and private

sector. In the process of developing resourceful and employable Accountancy and Finance

graduates, the students are to be trained for their future profession in the final year of study.

Contact Details

Department of Accountancy,

Faculty of Business Studies and Finance


Kuliyapitiya

Sri Lanka

Tel: + (94) 37 - 2284214

Email: [email protected]

Vision

“An Assured future for all Sri Lankans and a prosperous society through learning”

Mission

“The department will ensure the provision of high-quality accountancy education and training

towards optimum utilization, control and development of resources that; raise achievement reduces

disparity leads to opportunities”


29

Academic Staff

01. Dr. Kumara Uluwatta

Head of the Department

B.Sc. (Bus. Admin) (SJP), M.Sc. (Accountancy & Finance) (SJP), PhD (Applied Finance)

(WHUT, PRC)

02. Dr. D.A.M Perera

Senior Lecturer

B.Sc. (Mgt) (SJP), MBA (Finance) (India), MBA (Marketing) (WUSL), PhD (Consumer

Behavior) (WUSL), DIM (OUSL), Dip. in NGO Staff Management (Germany)

03. Mrs. W.A.D.K.J. Wanigasekara

Senior Lecturer

B.B. Mgt. (Accountancy) (KLN), MBA (Finance) (WUSL), Reading for PhD (KLN, SL)

04. Mr. U.E.S Kumara

Senior Lecturer

B.B.A (Accounting & Finance) (RUH), MBA (Corporate Finance) (WHUT, PRC), Reading

for PhD (Finance) (Netherlands)

05. Mrs. U.G.A.C Karunananda

Senior Lecturer

B.B. Mgt. (Accountancy) (KLN), MAF (Finance) (KLN), ACA, ACMA, MAAT,

06. Mrs. U.G.V.D.D Gunarathne

Senior Lecturer

B.Sc. (Financial Mgt) (SUSL), MBA (CMB)

07. Mrs. D.H.S.W. Dissanayake

Senior Lecturer

B.Com (CMB), M.Sc. (App. Finance) (SJP), Reading for PhD (SJP), CIMA passed Finalist

08. Mrs. W.A.N.Priyadarshanie

Lecturer

B.Sc. Accountancy (SJP), MBA (WUSL), Reading for M.Sc. (Applied Finance) (SJP), ACA,

MAAT, Ad. Dip in MA, CMA Passed Finalist, DBF

30

09. Mrs. J.A.G.P.Jayasinghe

Lecturer

B.Sc. (Accountancy & Business Finance) (WUSL), MBA (Finance) (WUSL), M.Sc. (Financial

Mathematics) (UOM), CBA

10. Miss. G.K.N.Priyadarshani

Lecturer (Probationary)

B.Sc. (Accountancy & Business Finance) (WUSL), MBA (WUSL), Reading for M.Sc.

(Applied Finance) (SJP), ACMA

11. Mr. S.M.R.K. Samarakoon


B.Sc. (Accountancy & Business Finance) (WUSL), Reading for M.Sc. (Applied Finance)

(USJP), Reading for M.Sc. (Financial Mathematics) (UOM), AATSL (Passed Finalist), CA Sri

Lanka (Passed Finalist)

12. Mrs. B.A.C. H. Wijesinghe


B.Sc. (Accountancy & Business Finance) (WUSL), Reading for M.Sc. Applied Finance

(USJP), CBF

13. Mrs. E.A.I.N. Ediriweera


B.Sc. (Accountancy & Business Finance) (WUSL), Reading for M.Sc. (Financial Mathematics)

(UOM), CA Sri Lanka (Final), CMA (Final)

14. Mr. Y.D.R. Kuruppuarachchi


B.Sc. Accountancy and Business Finance (WUSL), Reading for M.Sc. (Financial

Mathematics) (UOM), CMA (Final)

Administrative Support Staff

01. Mrs. S.M.S.N. Jayawardene

Computer Application Assistant

31

Degree Programs Offered By the Department Of Accountancy

B. Sc. (Special) Degree in Accountancy and Business Finance

The DOA offers B.Sc. (Special) Degree in Accountancy and Business Finance. This course

extensively covers key aspects of Accountancy and Finance, and produces approximately 150

graduates each year. The objectives of the B.Sc. (Special) Degree in Accountancy and Business

Finance is to offer the students a sound academic and professional background in Accountancy

and Finance enabling them to develop productive business organizations and management

disciplines in Sri Lanka and elsewhere in the world. It would also concentrate on producing

outstanding graduates for public and private sectors.

With effect from a March 2018, a new curriculum has been introduced and the students have the

options to select Accountancy cluster or Business Finance cluster. As per their choice students are

able to obtain B. Sc. (Special) Degree major in Accountancy or B. Sc. (Special) Degree major in

Business Finance.

Year III

Semester I

Code Course Name Credits

ACT 3113 Advanced Financial Accounting 03

ACT 3123 Corporate Law 03

ACT 3133 Investment Management 03

ACT 3143 Management Science 03

Accountancy Cluster

ACT 3153 Accounting Information Systems 03

Business Finance Cluster

ACT 3163 Financial Mathematics 03

Credits for Year III Semester I 15

Semester II


ACT 3214 Research Methodology in Accounting and Finance 04

ACT 3223 Financial Reporting 03

ACT 3233 Corporate Finance 03

Accountancy Cluster

ACT 3243 Advanced Taxation & Tax Planning 03

ACT 3253 Computerized Accounting & ERP Systems 03


ACT 3263 Corporate Governance 03

32

ACT 3273 Financial Modeling 03

Total Credits for Year III Semester II 16

Total Credits for Year III 31

Year IV

Semester I


ACT 4113 Corporate Reporting 03

ACT 4123 Financial Statement Analysis 03

Accountancy Cluster

ACT 4133 Advanced Auditing & Assurance 03

ACT 4143 Forensic Accounting 03

ACT 4153 Strategic Management Accounting 03


ACT 4163 Financial Derivatives 03

ACT 4173 Applied Econometrics 03

ACT 4183 Strategic Finance 03

Total Credits for Year IV Semester I 15

Year IV

Semester II

ACT 4216 Industrial Training and Dissertation 06

Total Credits for Year IV Semester II 06

Total Credits for Year IV 21

Total Credits for the entire Degree Programme

(35+33+31+21) 120

Internship Programme

One year internship programme is a major part of the B.Sc. Accountancy and Business Finance

(Special) Degree offered by the Department of Accountancy, Faculty of Business Studies &

Finance, Wayamba University of Sri Lanka. The Internship offers total of six credits; which consist

of two credits for the training and four credits for the dissertation. This internship intends to expose

33

the students to the corporate environment so that the undergraduates will be able to understand the

interdisciplinary nature of the theoretical and practical applicability of underpinnings of the

business organizations. Undergraduates will be placed in selected business organizations enabling

students to integrate and apply the theoretical knowledge, skills, capabilities and values acquired

through their course work in first 3 years. The internship also provides undergraduates with

opportunities for reflective learning in practical setting and to develop competencies in work skills.

Also it will help the undergraduates to develop career opportunities as the students those who

perform well may be absorbed to the permanent cadre of the relevant organization.

External Programs Offered By the Department Of Accountancy

i. Certificate in Personal Financial Management (CPFM)

The DOA offers a Certificate in Personal Financial Management (CPFM) programme for the

Wealth Planners and Wealth Planners’ Managers of AIA Insurance Lanka PLC. This course has

been designed with the aim of providing ample of possibilities of exploring new knowledge in the

areas of Personal Financial Management, Personal Taxation, Risk Management, Time Value of

Money, and Investment & Retirement Planning; which are more relevant to the Insurance

industry.

The duration of the CPFM is six (06) months. This programme is a part-time taught programme

with a total duration of 252 contact hours (consisting of 234 hours of teaching and 18 hours of

examination).

ii. Diploma in Personal Financial Management (DPFM)

The Diploma in Personal Finance Management (DPFM) gives candidates a technical knowledge

and a broad understanding of household financial management, and prepare them to work with

individuals and families in a wide range of financial service occupations, from insurance,

investments, or banking to financial counseling, education, or a social change occupation. This

course is designed with the aim of providing knowledge in the areas of Financial Management,

Financial Analysis, Principles of Management, Business Economics, Project Management,

Business Law, and Seminar – Professional & Personal Development.

34

The duration of the DPFM is one (01) academic year. This programme is a part-time taught

programme with a total duration of 252 contact hours (consisting of 234 hours of teaching and 18

hours of examination).

iii. Higher Diploma in Personal Financial Management (HDPFM)

The Higher Diploma in Personal Financial Management (HDPFM) programme is designed in

accordance with the requirements under the level 3 and 4 of Sri Lanka Qualification Framework

(SLQF) introduced by the University Grants Commission. The HDPFM develops core technical

knowledge and understanding across a broad range of key advisory areas of Entrepreneurship,

Business Accounting, Basic Mathematics, Business Communication, Financial Markets, Cost

Accounting, Customer Relationship Management, and Current Economic Trends.

The duration of DPFM is one (01) academic year consisting of two semesters. This programme is

a part-time taught programme with a total duration of 450 contact hours (consisting of 216 hours

of teaching and 936 hours for self-studies).

35

Department of Banking and Finance

DBNF offers Bachelor of Science (Special) Degree in Banking & Finance. Being the pioneer of

offering a degree for Banking and Finance in Sri Lanka, it offers the undergraduates with subjects

to mold a successful professional in the global context. B.Sc. (Special) Degree in Banking &

Finance is a four year duration programme conducted in English medium offered with the

objective of providing a sound academic & professional background in Banking & Finance

enabling the graduates to become innovative financiers. During the first two years of the degree

program the students will follow course modules which related to the core subjects of

Management, Accountancy and Economics which will provide them theoretical knowledge, which

are conducted commonly to the FBSF. From the third year onwards the students will study subjects

specifically for the area of Banking & Finance which provide them a sound knowledge about the

field along with subjects which allows them to apply the theoretical knowledge they learnt in the

first two years.

Vision

To be the Center of excellence in Banking & Finance Education and Research in Sri Lanka

Mission

To achieve excellence in the diffusion of knowledge related to Banking & Financial Services in

line with the best practices for the field of Banking & Finance

Contact Details

DBNF of Banking and Finance

FBSF of Business Studies and Finance


Kuliyapitiya

Tel: + (94) 37- 2284216

Fax: +(94)37-2284216



36

Academic Staff

1. Dr. Shantha P. Herath

(Head of the Department/Senior Lecturer) PhD (ZUEL, P.R. China), M.S.Sc. Economics

(KLN, Sri Lanka), M.A. Economics (CMB, Sri Lanka), PG.Dip. Business Statistics (SJP,

Sri Lanka), B.A. (Special) Economics (SJP, Sri Lanka)

2. Dr. R.A. Rathanasiri

(Dean/FBSF,Director - Diploma in Banking and Financial Studies/Senior Lecturer)

B.COM (SJP), PDED (UOC), MA (Econ) (UOC), MPhil (Econ) (UOC), PhD (WHUT,

China)

3. Mrs. D.A.T. Kumari

(Senior Lecturer) B.A.(Econ) (SJP), M.Sc (KLN), Reading for PhD

4. Dr. W.A.I. Lakmal

(Senior Lecturer) PhD in Economics (Kelaniya, S.L), M.S.Sc in Economics (Kelaniya),

B.A (Hons) Economics Special (Colombo)

5. Ms. H.M.A.K Herath

(Lecturer Probationary) B.Sc (Special) Banking & Finance (WUSL), MBA (WUSL),

Reading for MSc in Applied Finance (USJP)

6. Mr. A.G.D.L.K. Gunaratna

(Lecturer Probationary) BBM (Sp). (UWU), Reading for MSc in Applied Finance (USJP)

37

7. Ms. B.B. Tharanga

(Lecturer Probationary) B.Sc (Special) Banking & Finance (WUSL), Reading for MSc in

Applied Finance (USJP)

8. Ms. S. Abeygunawardana

(Lecturer Probationary) (Dean’s Office) B.Sc (Special) Banking & Finance (WUSL),

Reading for MSc in Applied Finance (USJP)

9. Ms. S.N.R.F. Dias

(Lecturer Probationary) B.Sc (Special) Banking & Finance (WUSL), Reading for MSc in

Applied Finance (USJP)

10. Mr. H.R.R Hewamana

(Lecturer Probationary) B.Sc Finance (Special) (USJP)

11. Ms. A.M.A. Jayawardana

(Assistant Lecturer) B.Sc (Special) Banking & Finance (WUSL)

Non-Academic Staff

1. Mr. O.A.C.R. Kandepola (Clerical Staff)

GCE Advance Level

38

Structure of the Degree Programme (03rd Year and 04th Year) B.SC. (SPECIAL) DEGREE IN BANKING AND FINANCE


BNF 3113 Banking and Finance 03

BNF 3123 Monetary Economics 03

BNF 3133 Money and Capital Markets 03

Semester - I BNF 3143 Management Information Systems 03

BNF 3152 Investment and Portfolio

02 Management

3rd Year MGT 3133 Management Science Applications 03


BNF 3213 Corporate Finance 03

BNF 3222 Financial Econometrics 02

Semester - II

BNF 3233 Research Methodology in Finance 03

BNF 3243 International Economics 03

BNF 3253 Project Management and Financing 03


Total Credits for the 3rd Year 31


BNF 4113 Risk Management 03

MGT 4114 Strategic Management 04

Option I OR II

Option I - Banking

Semester - I

BNF 4122 Credit Management 02

BNF 4132 Banking Law 02

Option II - Finance

BNF 4142 Financial Derivatives 02

BNF 4152 Entrepreneurial Financing 02

4th Year Total Credits for the Semester I 11

BNF 4256 Industrial Training and Dissertation 06

Option I OR II

Option I - Banking

BNF 4222 IT for Banking 02

Semester - II BNF 4212 Bank Management 02

Option II - Finance

BNF 4232

Financial Modelling and 02 Forecasting

BNF 4242 Fixed Income Securities 02


Total Credits for the 4th Year 21

39

Industrial Training

Students are required to undergo a six-month internship training programme. The Department of

Banking & Finance has developed links with private and public sector Banking and Financial

sector institutions to provide internship opportunities to final year students. Students have to

prepare a comprehensive report on their training and provide it to the department with the

certification of their internal and external industrial training supervisors.

Additional Courses offered by Department for Undergraduates

Certificate Course in English for Career (CCEC)

3rd Year students of Department of Banking and Finance can apply for the Certificate course

in English for Career (CCEC) offered by the Department. The duration of the course is one

academic year. Main objective of the programme is to improve communication and

presentation skills needed for future and current working requirements of an undergraduate

Scientific Writing & Data Analysis (SWDA)

This is a three day programme offered by the BNF for the 4th Year undergraduates of the

department. The objective of this programme is to enhance and improve the statistical analysis

ability of 4th Year undergraduates that must be needed for their research project requirement.

This programme mainly covers the techniques of Satirical Package for the Social Science

(SPSS) which is used as the computer software package for data analysis.

External Programs offered by Department

Diploma in Banking and Financial Studies (DBFS)

Duration of this programme is confined to one academic year and the examinations shall be held

at end of first and second semester-ends. The number of credits to be offered is 30 credits.

Diploma programme in Banking and Financial Studies prepare prospective candidates for a career

in Banking industry and Services. The main objective of the programme is to improve the

knowledge, skills and attitudes of Banking staff and those who would planning to join banking

industry as junior and senior Executives.

40

01. Higher Diploma in Banking and Financial Studies

The second step of the Diploma in Banking and Financial Studies is the Higher Diploma in

Banking and Financial Studies (EDBFS) programme. This is specially designed to improve the

skills and competencies of professionals in the banking and financial sector. Thus the target group

of the programme is junior and middle level managers in the financial sector and those who are

waiting to embark Postgraduate Diploma in Banking and Financial Studies. The duration of the

programme is one academic year.

02. Master of Business Administration in Banking and Finance

This PGDBF leading to MBABF facilitate learning in theory and practices of major disciplines in

finance and banking and to equip the postgraduate students with an integrate approach to

managerial skills. This is the first postgraduate programme introduced by the Department of this

nature under the external Degree programme. Banking firms, one the other hand could monitor

this postgraduate programme and embody this into their promotion schemes too.

Department of Business Management

Department of Business Management (DBM) was institutionalized by the Extraordinary Gazette

No. 1093/8 of August 17, in 1999 by the Ministry of Higher Education with the recommendation

of the University Grant Commission of Sri Lanka. From the inception, DBM was the department

responsible for offering the common program for all four degree program of the faculty in addition

to the specialization program offered in the field of Business Management. At present, the Faculty

of Business Studies and Finance offers the common programe courses while DBM continues

offering the courses specialized in Business Management.

The DBM envisioned to be the best and the most preferred academic department for Business

Management. This aim is expected to materialize through the mission of committing to produce

excellent graduates well equipped with thorough knowledge in Business Management, while

continuously engaged in Business Management Research and Management Development.

The DBM offers B.Sc. (Special) Degree in Business Management. This is a four-year duration

programme and medium of instruction is English. This course extensively covers all aspects of

Business Management, and produces around 200 graduates annually.

41

The prime aim of the B.Sc. (Special) Degree in Business Management is to offer the students a

sound academic and professional background in Business Management enabling them to be

excellent managers in business and other organizations in Sri Lanka and around the globe.

Academic Staff

1. Dr. T.K. Karandaketiya (Head of the Department) Senior Lecturer

B. Com (SJP), M.Sc. (SJP), Ph.D. (HUST - China)

2. Dr. H. M. A. Herath Senior Lecturer

B. Com (Ruhuna), PGDM in Education, M.Sc. (SJP), Ph.D. (UUM-Malaysia)

3. Mr. B.M. Wijesiri Senior Lecturer

B.Sc. (Bus. Admin.) (Sri J.) PG. Dip. LRHRM (Col.), MBA (Sri J.), MBA (WUSL),

MAAT, MIM, MCPM, AMITD, PG. Cert. (Proj. Mgt.), PG. Cert. (St. Mkt.)

4. Dr.(Mrs) K.A.M.S. Kodisinghe Senior Lecturer

B.Com. (Kelaniya), M.Com (Kelaniya), PhD (kelaniya)

5. Mrs. W.D.N.S.M. Tennakoon Senior Lecturer

B.Sc. (Bus. Admin) (SJP), MBA (Pera)

6. Mrs. A.K.D.N. Dilshani Senior Lecturer

B. Sc. (Bus. Admin.), PGDM (RJT), MBA (WUSL)

7. Ms. W.M.N.M. Wijethunga Lecturer

B. Sc. (Bus. Mgt.) (WUSL), MBA (WUSL)

8. Ms. D.M.T.D. Dissanayake Lecturer

B. Sc. (Special) (Bus. Mgt.) (WUSL), MBA (WUSL)

9. Ms. P.A.B.H. Amarathunga Lecturer


10. Ms. W.D.M.B.K. Dissanayake Lecturer (Prob.)

B. Sc. (Special) (Bus. Mgt.) (WUSL) Reading for MBA (Col.)

11. Ms. U.L Herath Lecturer (Prob.)


42

12. Mr.A.R.M.I Ariyapperuma Lecturer (Prob.)

B. Sc. (Special) (Bus. Mgt.) (WUSL)

Academic Supporting Staff

1. Mr. K.D.H.T Katugampala – Computer Applications Assistant

2. Ms. J.A.S.R Dilrukshi – Supporting Staff

Structure of the Degree Programme (03rd Year and 04th Year)

B. SC. (SPECIAL) DEGREE IN BUSINESS MANAGEMENT.

Year Semester Course

Code Course Title Credits

3rd

Year

Semester - I

MGT 3113 Operations Management 03

MGT 3124 Management Information Systems 04

MGT 3133 Management Science Applications 03

MGT 3144 Small Business Management 04

MGT 3153 Development Economics 03


Semester - II

MGT 3263 Research Methodology 03

MGT 3274 Advanced Statistical Applications 04

MGT 3283 Organizational Culture &

Leadership 03

MGT 3294 Professional Skills in Management 04

BNF 3253 International Economics

03


Total Credits for the 3rdYear 34


4th

Year

Semester - I

MGT 4114 Strategic Management 04

MGT 4124 Electronic Business 04


Semester - II

MGT 4234 International Business 04

MGT 4246 Industrial Training and

Dissertation

06


Total Credits for the 4th Year 18

43

Industrial Training

In-addition to the theoretical knowledge students obtain throughout the course every students

would spend approximately six months In-Plant Training at a Business Enterprise and have to

prepare them individually and must write a comprehensive report on Management and

Organizational issues as to fulfill the Degree requirement of the B.Sc. Degree Programme that is

offered by the Department.

External Programmes offered by Department of Business Management

Post Graduate Diploma in Business Management (PGDBM)

Programme of study will run through One Academic Year (Approximately one calendar year

duration) .Participants of the Postgraduate Diploma in Business Management (PGDBM) will

follow twelve courses modules during the period of one year. All courses will be compulsory.

Each course will be of about 30 hours of teaching. The academic year comprises with two terms.

Twelve courses would be taught during the period. In addition every participant should complete

a project report and submit the same at the end of the 2nd term of the

programme.

Master’s Degree in Business Administration (MBA)

This is the Second Academic year of the total programme. The participants devote their fall time

to complete a Management Research under the guidance of supervisors appointed by the

University. They may attend to a series of advanced seminars and lectures organized by the Faculty

of Business Studies & Finance.

44

Diploma in Business Management (DBM)

The Diploma in Business Management offers the ‘Diploma in Business Management’ to cater to

the long felt need of the Business sector in Sri Lanka. The DBM is designed to meet the challenges

of global business environment. It provides the opportunity for the participants to practice

conceptual, people and technical skills. This is a professional qualification for those staff attached

and potential employees to the business sector in Sri Lanka.

Department of Insurance and Valuation

The Department of Insurance and Valuation is committed to enhance the education in the field of

Insurance and Finance by introducing degree, diploma and higher diploma programmes with skills,

capabilities and competencies to meet the real world requirement through interaction with public

and private sector organizations. It is also committed to pursuing the excellence in teaching and

learning in Insurance and Finance by conducting research and community service while making

all efforts to contribute to the vision of the Faculty of Business Studies and Finance.

Academic Staff

1. Dr. S.K. Gamage

Head of the Department

PhD (Kelaniya), MBA (Malaysia), MSSc (Kelaniya) PGD Business Statistics (Ruhuna),

B.Com (Special) Hons (Kelaniya), AIII (India)

2. Mrs. M.A.C.H. Perera

Senior Lecturer

B.Com. (SJP), MBA (WUSL). Reading for PhD

3. Mr. W.S. Sanjeewa

Senior Lecturer

B.Sc. (Special) (Insurance & Valuation) (WUSL), AII (India), MBA (WUSL), Reading for

PhD

45

4. Ms. R.S.L. Jayarathne

Lecturer

B.Sc. (Special) (Insurance & Valuation) (WUSL), MBA (WUSL), Reading for M.Sc

(USJP)

5. Ms. W.R.P.K.Chandrarathne

Lecturer

B.Sc. (Special) (Insurance and Valuation) (WUSL), MBA (WUSL), AII (India)

6. Ms. D.M..N.B. Dissanayake

Lecturer (Prob)

B.Sc. (Special) (Insurance and Valuation) (WUSL), Reading for MBA (WUSL)

7. Ms. W.M. Nilwala

Lecturer (Temp)

B.Sc. (Special) (Insurance and Valuation) (WUSL), Reading for MBA (USJP)

8. Mr. M.M.S.K.B. Bogamuwa

Lecturer (Temp)

B.Sc. (Special) (Accountancy & Business Finance) (WUSL), Reading for M.Sc in Applied

Finance (USJP)

Support Staff

1. Mr. W.M.S. Wijesinghe

Computer Application Assistant

2. Mr. M.D.C. Samarathunga

Support Staff

46

Coordinators

Name Coordinator

Mr. M.M.S.K.B.Bogamuwa Industrial Training Coordinator

Ms. R.S.L. Jayarathne Higher Diploma in Insurance Intake 4

Ms. W.R.P.K.Chandrarathne Diploma in Insurance Intake 10

Course Structure of the B.Sc Honours Degree in Insurance and Finance


3rd Year

Semester I

INS 3113 Risk Management 3

INS 3123 Principles & Practice of

Insurance

3

INS 3133 Financial Market 3

INS 3142 Motor Insurance 2

INS 3153 Investment Management and

Financial Modeling

3

INS 3163 Marine and Aviation Insurance 3

Semester II

INS 3213 Commercial Property

Insurance

3

INS 3223 Corporate Finance 3

INS 3233 Liability and Miscellaneous

Insurance

3

INS 3243 Life Assurance 3

INS 3253 Financial Information Analysis

and Forecasting

3

INS 3263 Research Methodology 3

INS 3270 Professional Skills 0

4th Year

Semester I

INS 4114 Underwriting and Claims

Management

3

INS 4123 International Finance 3

INS 4133 Strategic Management 3

INS 4142 Electronic Business 2

INS 4153 Reinsurance 3

One Elective Course Unit from followings

INS 4153 Financial Derivatives 3

INS 4163 Actuarial Science 3

Semester II

INS 4212 Internship in Insurance /

Finance

2

INS 4226 Dissertation 6

47

Internship Programme

Undergraduates of the Departments are required to spend period of six months Internship Training

in the Insurance or Finance Sector in Sri Lanka. Students have to prepare a comprehensive report

on their training and provide it to the department with the certification of their internal and external

industrial training supervisors.

External Courses Offered by the Department of Insurance and Valuation.

I. Diploma in Insurance This one year academic qualification is the only university diploma available in Sri Lanka

catering the requirements of employees in the insurance industry in Sri Lanka.

The prime objective of this diploma is to provide a firm grounding in insurance fundamentals

and to enable candidates to build towards advanced technical knowledge, thereby ensuring

candidates have the means to function effectively in a challenging environment.

This diploma course comprehensively covers all aspects of life and general Insurance and

fundamental concepts in management. The diploma provides an enhanced understanding of

insurance practice, both in terms of technical subject matters and overall management skills.

II. Higher Diploma in Insurance

This is an advanced academic qualification for insurance staff functioning across all sectors of

the insurance industry. The higher diploma in insurance programme provides an enhanced

profounder understanding of insurance practice both in terms of methodical subject matters

and overall management skills.

This programme is designed for those who interested in developing technical, conceptual and

analytical skills in modem theory and practice in each of the key areas of Insurance and Business

Administration.

48

Department of English Language Teaching

Although a fully-fledged department now under the Faculty of Business Studies and Finance, The

Department of English Language Teaching (DELT) started as two academic support units

(English Language Teaching Units (ELTUs)) each at Kuliyapitiya and Makandura premises. The

DELT of the Faculty of Business Studies and Finance conducts various programmes to improve

the English language proficiency of the undergraduates of all the faculties, the university staff

and the outside community. The Department uses all its human and physical resources to provide

effective teaching learning opportunities leading to the mastery of all facets of English as a

Second Language (ESL). The students are expected to develop greater confidence in themselves

as professionals to overcome challenges in effective communication in language related contexts

by acquiring effective communication skills through the courses and other activities offered by

the DELT.

Vision

The vision of the DELT is to be a premier English language teaching centre in the higher education

sector of Sri Lanka.

Mission

The DELT is on the mission to enhance language proficiency of the undergraduates by providing

them with a wide assortment of teaching and learning opportunities that …

• foster listening, speaking, reading, writing and soft skills with great dexterity through an

effective modus operandi,

• inspire students to become dynamic partakers in academic, social and professional

communes, and

• facilitate to develop human resources with effective communication skills to meet the

national development needs.

49

Contact Details Department of English Language Teaching,

Faculty of Business Studies and Finance,

Wayamba University of Sri Lanka,

Kuliyapitiya,

Sri Lanka.

Tel: + (94) 37- 2283155


Academic Staff

1. Dr. K.M. Dissanayake

(Head of the Department / Senior Lecturer)

B.A. (Hons) (Peradeniya), M.A. (Kelaniya), PGDBM (Wayamba), PhD (UPSI –

Malaysia),

2. Mr. M.K.S.M. Samaranayake

(Senior Lecturer)

B.A. (Kelaniya), M.A. (Kelaniya), M.A. in TESL (OUSL), PGDE – TESL

(Colombo)

3. Mrs. W.S.A. Fernando

(Senior Lecturer)

B.A (Sri J’pura), M.A. (Kelaniya), M.A. in TESL (OUSL), PGDE – TESL

(Colombo)

4. Mr. E.M.H.J. Edirisinghe

(Senior Lecturer)

B.A. (Sri J’pura), M.A. (Kelaniya), M.A. in TESL (OUSL), PGD- TELL (Sri

J’pura)

5. Mrs. W.M.C. Fernando

(Senior Instructor)

B.A. (Peradeniya), M.A. (Kelaniya)


50

Study programmes offered by the department

There are four compulsory ESL courses offered to the undergraduates during the first and second

years of their degree programme. Obtaining the required passing mark in these courses is

compulsory for them to be qualified for the award of the degree.

Year 1 Semester I

Course Code Course Title Credits

ELT 1110 English 1 – Grammatical Foundation C 00

Year 1 Semester II


ELT 1210 English 2 – Composition C 00

Year 2 Semester I


BSF 2131 Business Communication I C 01

Year 2 Semester II


BSF 2231 Business Communication II C 01

Other courses offered;

• Intensive English Language Course for the new entrants. (12 weeks)

• Special English Language Proficiency Course - Level III (for weaker students – 15 weeks)

• Certificate Course in English for Careers - Level III

(for the students of Banking and Finance – 15 weeks)

Language related programmes; Apart from the language proficiency courses offered to the undergraduates, they are also exposed

to a number of language related activities / opportunities in order to build up their proficiency

and competency in using the language.

• English Day Competitions are held annually to enhance the language skills and exposure to

the language of undergraduates and to generate motivation among the students.

• Grammar Master Competition is held during the intensive English Language Course offered

to the new entrants to the university in order to make them interested in learning the language

and to develop their language competency and confidence.

• Visagebook is a collection of profiles of students published at the end of each intensive English

language course.

UNDERGRADUATE PROSPECTUSwyb.ac.lk › ... › FBSF-Prospectus-2018-3-1-New-New-converted.pdf ·...

Documents

Transcript of UNDERGRADUATE PROSPECTUSwyb.ac.lk › ... › FBSF-Prospectus-2018-3-1-New-New-converted.pdf ·...