The world renowned Cranfield School of Management in the UK will present a scholarship to any member of the three leading IFAC accountancy bodies in Sri Lanka, the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants Sri Lanka (ICASL) or the Chartered Institute of Management Accountants Sri Lanka Branch (CIMA). Full Time MBA Programme Director Sean Rickard who informed Sri Lanka of the scholarship said, “We hope the scholarship attracts candidates who will benefit from this initiative and that, with the help of the accounting bodies in Sri Lanka, it will raise Cranfield’s profile. We are extremely grateful for the support of the institutes in this. We will be reviewing the success of the programme after two years.”

ACCA Sri Lanka’s Immediate Past President, Dilshan Rodrigo, himself an alumni of the Cranfield School of Management extends his best wishes to all candidates and says, “I hope most sincerely that this initiative will signal the birth of a new generation of professional skilled managers who will add value to the corporate boardrooms of Sri Lanka.” Stating that this is truly a world class MBA ranked consistently as one of the top MBAs in Europe, he adds, “This one year full time programme is ideally suited for members in middle and senior management positions with ambitious career goals.” Rodrigo, who has continued to maintain ties with Cranfield, further reinforced the relationship once he became President of ACCA Sri Lanka, sourcing resource speakers for the ACCA National Conferences in the last two years. “Two people who played significant roles in mooting this scholarship from the Cranfield end are the former Director of the MBA Programme Professor Leo Murray who was the Keynote Speaker at our conference in 2006 and has a soft spot for Sri Lankans and Sri Sriskanthan, a Sri Lankan faculty member on the MBA programme.”

Cranfield has produced a distinguished honour roll of MBA alumni from Sri Lanka over the last two decades including Managing Director of Hatton National Bank Rajendra Theagarajah, Senior Vice President of WNS Arul Sivagananathan and Group Financial Controller of Stretchline Hasantha de Silva. Members of ICASL, ACCA and CIMA must apply directly to Cranfield School of Management, for which instructions are available on the Cranfield website ww.som.cranfield.ac.uk/som/mba/, marking the application ‘Sri Lanka Scholarship’.

More : dailymirror.lk

Do you have a knack for figures? Does the rise and fall of the sensitive index excite you? Would you like to have a say in the country’s future? Check out the wide range of options open to a qualified economist. A report by Debojyoti Ghosh and Rupa Ganguly Economics is the art of trying to satisfy infinite needs with limited resources.

-Albert Camus CONSIDERED a rich subject, the study of economics covers a vast field and requires an analytical brain to grasp its nuances. It is a branch of social science that deals with production, distribution and consumption of goods and services and their management. The subject deals with the process of satisfying unlimited human wants with limited resources. Therefore, in essence, economics is about making choices. It’s about guiding men and society to make the right choice, and manage to live within their means.

What it entails Economists study the production, distribution and consumption of goods and services. Their work mainly has to do with analysing data and practical applications of economic policy in a particular area. Economists use mathematical models to develop programmes, predicting the nature and length of business cycles, the effects of inflation on the economy, or unemployment.

Assessment of economic conditions nationally and internationally to estimate the economic effects of specific changes in legislation or public policy is also a part of their job. The primary task of economists, however, is to predict the probable consequences of a course of action or policy decision. They may work as advisors with different kinds of employers Begin early Economics could be studied in school, as a sixth subject in ICSE and an additional subject in Madhyamik. It could be taken up as a regular subject at the plus two level. However, if you want to major in economics at the graduation level, you just have to pass 10+2 in any stream. To get a postgraduate degree in the subject, you should have a graduate degree in economics.

Options abroad The London School of Economics is known the world over as a premiere institute in the field and runs all sorts of courses. A wide variety of funding options is available for overseas students. The LSE itself gives awards to the tune of 1.4 million pounds. There are a number of awards covering teaching and living expenses. Two of these scholarships are given to undergraduate students on the basis of exceptional performance. The third goes to a student who has completed his degree as an external student. Several other schemes, such as the Overseas Research Students (ORS) awards, the Commonwealth Scholarship and Fellowship Plan, the Rotary Foundation Scholarships, UNESCO fellowships, the Department for International Development Shared Scholarship Scheme (DIDSSS) etc. are also available. The Indian friends of LSE offer scholarships to Indian students. Teaching expenses could be covered by awards from the Foreign and Commonwealth Office, while the Indian friends support the living costs.

BHUBANESWAR : The city branch of ICFAI Business School claimed that all its students were absorbed by different companies marking 100 per cent placement in 2006-2007 season.

“The average remuneration on a per annum basis is Rs 4.5 lakh while the highest range has touched a mark of Rs 6 lakh per annum,” the school said.

It said some of the major recruiters, who participated in the placement drive, were ICICI Bank, India Bulls, Kotak Securities, HDFC Bank Ltd, Anand Rathi, UTI Securities, Pantaloon Retail India Private Limited and Indus Bank Limited.

The next batch placement season would commence from the month of September and was expected to be completed early 2008.

The analogy may not be far, some observers of the book industry used to say. Editors, publishers of educational books, in particular, have long used, book sales of reprints churning out every two years. But the Internet, particularly sites like Amazon and eBay, millions of consumers an easy way to find cheap books - often for less than $ 1 - without license fees to pay publishers or authors.

Mass-Market publishers are not safe, used books interesting phenomenon is a problem of addressing, but also others in the industry have their heads.

“We believe it is not good for the industry, and it has an effect, but we can not measure,” said Paul Aiken, executive director of the Authors Guild, a trade group . “It has always been used book sales, but it is always background noise something. Now it is on the right side of the light of a new book on Amazon.

Lorraine Shanley, a senior partner at Market International, a consultant on publication, said the industry was just starting, for the dimensions of the problem.

“Good business for consumer policy are books such as Napster, it was the music industry,” she said. “The question is” How does the book industry address its used book problem? “There is no simple answer, especially since nobody is breaking any laws here.

Shanley, whose company reported on used books this month in their newsletters, publishing trends, said that publishers were beginning the consequences. “We asked publishers, like many a topic, and the answers are” I also many other problems to deal “or” Yes, this is a problem, but it is not easy solves I can ‘t really concentrate, “she said.

Greg Greeley, Amazon Vice President or media products for North America and Japan, strenuously disagreed with the idea that online sales of used books for the publication of the branch. And some publishers are not really for this e-Business used as a problem.

“It is often argued that there are two types of buyers,” said Chad Haight, publisher of Seattle-based Sasquatch Books. These are the bargain hunters, go to bookstores used by the search for a Deal, then he said, are those who, “Go into bookstores often looking for new books. It is d ‘ another category of customers. ” The discount to buyers, Haight said, it is expected by the end of shopping on Amazon.

“I think that they (in the case of Amazon), welcomed the availability of the publication industry,” said Haight.

Furthermore, he added that, unlike the music industry, publishing world has never planned books to a single user of the product. In fact, sharing a good book, that most, it seems almost like a moral obligation.

“We have always believed that if you sell someone a book, they are likely to redistribute it to someone,” said Haight, and added that this may help, mouth-to-mouth resuscitation on an author, editor for an end higher turnover across the line.

Pat Soden, editor of the University of Washington Press, he said more concerned about critics see copies of books, which are not available for retail, are resold.