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’.

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St. John’s University conferred 2,146 undergraduate degrees at three graduation ceremonies held over the weekend.

The Rev. Donald J. Harrington, president of the university, gave the keynote address at all ceremonies for the 122d commencement exercises.

Addressing the students at the campus in Jamaica, Queens, yesterday, Father Harrington told the students that “the quality of life in society rests upon the quality of education in our grammar and high schools and in our colleges and universities.”

Referring to the rioting in Los Angeles, he said, “Regardless of how we interpret the events of the past month, regardless of where we seek to place the blame, I submit to you that an essential part of any solution must be the renewal of the educational system of our land.” Industry, Health, Banking

At the first ceremony, held in Alumni Hall in the morning, an honorary doctor of commercial science degree was awarded to Michael E. Maher, an alumnus of the university who is chairman of Maher Terminals Inc. in New Jersey, one of the largest independent container terminal operators.

Sister Irene Kraus, president of the Daughters of Charity National Health System in St. Louis, received an honorary doctor of letters degree.

In the ceremony held in the afternoon, also in Alumni Hall, an honorary doctor of commercial science degree was awarded to Richard T. Greene, president of Carver Federal Savings Bank, one of the largest black-owned financial institutions in the nation.

Edward Mercado, director of the Office of Civil Rights for the Department of Health and Human Services, received an honorary doctor of laws degree.

On Saturday, a commencement ceremony was held on the Grymes Hill campus of the university in Staten Island. An honorary doctor of civil law degree was awarded to Josephine L. Gambino, president and senior member of the New York Civil Service Commission. Cornell University

Cornell University’s 124th commencement took place yesterday in a cold rain with temperatures in the 30’s, prompting the university’s president, Frank H. T. Rhodes, to cut short his prepared remarks to the 5,900 graduates. University officials said it was the first time in 17 years that it had rained on commencement.

Each of the graduates of Cornell’s 11 schools and colleges at the ceremony, which was still held outdoors on the campus in Ithaca, N.Y., was given a red rose. Mr. Rhodes used the occasion to remind them to “take time to smell the roses.”

The former ambassador to India and Australia, the Philippines and professor of management, CP Ravindranath, provide the address to the national conference on the theme “New growth cycle in the context of globalization: lessons for India Inc Shimoga to Friday.

SHIMOGA: Former ambassador to India and Australia, the Philippines and professor emeritus at the Xavier Institute of Management and Entrepreneurship, Bangalore, CP Ravindranath said Friday that prospects for India in the growth cycle arising of globalization are considerable.

“But to implement requires a mixture of politics, institution building and good governance from the government, strategic thinking and a high degree of competitiveness on the part of the economy and sustainable industry and the improving quality in that part of our education system, “he said.

It was the availability of Keynote of the national conference on “New growth cycle in the context of globalization: lessons for India Inc organized by the Department of Management studies on the Jawaharlal Nehru National College of Engineering (JNNCE).

He said: “For the economy as a whole around to make sure the most of the growth cycle for the words of economist Dani Rodik, is the combination of opportunities offered by global markets, with a national investment and institution-building strategy and the Promotion of minds pets contractor. ”

Mr. Ravindranath said that in a historical perspective, globalization can be seen as the last phase in the evolution of the world by the industrial revolution.

The story was written by globalization, are now in two colors: a color by technological developments in transportation and communication and the other by State measures, nature and how governments are intervened to reduce barriers to the flow of trade and investment worldwide.

He asked: “Now, with all this in perspective, what are the tasks for India Inc see how we opportunities and the challenges of globalization?” He said: “Given that India Inc` “Includes the government, our political class and industry, including workers, answers to this question, represent a wide range of opinions. But it should be possible to consider some projects, like we should approach the globalization and respond as well on what it promises and what he claims. ”

Mr. Ravindranath said the GDP of India, which had stagnated at 3.5 per cent in the first three decades of planning and rose to 5.5 per cent in the years 1980, had an average of 6 percent from 1992 — 93 which could be allocated for economic reforms. “But the logic of globalization dictates other reform measures in various areas ranging factor markets for restructuring the public sector and financial sector and fiscal reform,” he said.

He said that radical economic reforms without increasing the annual growth rate of 9 per cent to 10 per cent for the eradication of poverty and to achieve developed country status by the year 2020 has not been possible.

“So it is a major challenge for India Inc” to a “globalization” of the world, our willingness and capacity to implement the rest of basic economic reforms, “he added.

The assertion that the removal of economic performance would depend on our ability, except for more economic reforms, improvement of infrastructure essential to attracting more foreign direct investment and a better governance, he said that an overview of the prospects in India and in knowledge sectors of manufacturing industry in a “globalization of the economy, namely that the country is the potential force scalability capabilities. ”

The Vice-Chancellor of the University of Kuvempu, K. Chidananda Gowda, opened the conference, India has spoken in detail the strengths, weaknesses, opportunities and risks in the global economy. He said that India was amended by the third phase of globalization and said that during

India has also in the first phase of globalization, the first century AD, the establishment of its economic contacts with Rome with Kerala, a large shopping mall, but not much else to do in the second phase of globalization, between 1870 and 1914, when the British regime.

However, India must consider if the necessary political will, seize the opportunities thrown by the globalization of the world overcome its threats and vulnerabilities to achieve economic growth to strengthen, he said.

The head of the Department of Management Studies, N. Diwakar Rao, in his opening remarks, said that one of the objectives of the conference was to assess and understand the experiences of enterprises and their leaders in the new growth cycle in the context of globalization.

The president of the National Society of Education, DR Rathnakar the presidency of the Conference. The secretary of the municipality of the national education, SV Thimmaiah, published in the conference. Previously, the president of JNNCE, A.V. Subramanyam, welcomed the collection.