In the growing business world with knowledge based economy, the Sri Lankan business community mostly expects to recruit graduates who are capable of facing challenges in modern dynamic business world. Graduates from management and commerce stream are highly recognized by the business community if they possess relevant knowledge, skills, attitudes, values, professionalism and vision for life and mind-set. In this context, the Faculty of Commerce and Management has the commitment to produce such graduates who can serve the needs of the employers for their organizational success.
In 2014, it is notable that the total number of students who qualified for undergraduate courses in Commerce Stream was 40,602 and the students enrolled into university education was 5,299 which counts for 13.05% of total qualified students (UGC, 2015). The balance of 86.95% of the students lost their opportunity of university entrance internally. In the labour market there is demand for commerce and management graduates, but graduates produced through national university education system are not enough to cater to labour market. Hence, commencement of this degree programme will provide opportunities for those students who lost their chance for university education internally and also for those who are presently employed and urge for upgradation of their career.
There are very less opportunities in this region to peruse business education degree programme in the mode of open and distance education. In this perspective, the Faculty has the social responsibility in align with EUSL vision to satisfy the educational needs of its region.
Therefore, the Faculty of Commerce and Management intends to commence the new degree programme to cater the needs of the region and nation, by incorporating different stakeholder’s expectation with the inclusion of variety of knowledge, skills, attitudes in the curriculum of the degree programme.