Sri Lanka's NIBM Launches New Business School, National School of Business Management (NSBM)

26th February 2012, www.sundayobserver.lk, By Jayampathy Jayasinghe

The National Institute of Business Management (NIBM) launched the National School of Business Management (NSBM) in Colombo last week.

The chief guest was Minister of Youth Affairs and Skills Development Dullas Alahapperuma. Minister of Education Bandula Gunewardena, Senior Minister of Human Resources, DEW Gunesekera and Deputy Minister of Youth Affairs and Skills Development, Duminda Dissanayake were also present.

The Secretary to the President Lalith Weeratunga said that he was privileged to be invited by his alma mater, the National Institute of Business Management (NIBM) where he was a student in the 1980s. He said it was Minister Dullas Alahapperuma who proposed the setting up of the new National School of Business Management with degree courses.

The new Business School will have courses such as Tourism Management, Software engineering, Communication and Muti-Media technology, Hotel Management which the students will find quite attractive.

The new business school will provide opportunities for students to pursue higher education in the country than going to other countries. He said the problem with most education institutions were that they teach people what to think but not how to think.Business schools while imparting very high level technological subjects should also prepare students to be managers, business leaders, thinkers and entrepreneurs what the modern world wants.

“We have 9,800 schools and intend creating 5,000 primary schools and 1,000 secondary schools that is receiving a lot of attention. How many of these children will be able to enter State universities in the future? There will be more qualified children to enter State universities than available places.

The Chief Executive Officer (CEO) of the National School of Business Management (NSBA) Dr. E.A. Weerasinghe said that a sum of Rs. 8 billion have been allocated to build a modern university at Homagama in 2014. The degree programs offered by NSBM have been designed to cater to the requirements of the business community and the economy.