In a major boost to executive education for Sri Lankans, the Institute of Chartered Accountants of Sri Lanka (ICASL) has struck a deal with world famous business school INSEAD.
The Daily FT learns an official announcement on the strategic tie up leading up to setting up a Business School, will be released shortly whilst the first programme under the aegis of INSEAD is expected to be rolled out in June. The tie up is expected to provide Sri Lankan executives an excellent opportunity to benefit from world class executive education at highly competitive rates as opposed to gaining same from Europe or Asia.
The ground breaking initiative by ICASL is part of its aggressive moves to enhance professional standards, competence and skills set of corporate Sri Lanka to better harness the post-war opportunities as well as become globally competitive.
Styling itself as “The Business School of the World,” the 50-year-old-INSEAD has campuses in Europe (France), Asia (Singapore) and Abu Dhabi, and a research centre in Israel.
Its 145 renowned faculty members from 36 countries inspire more than 1,000 degree participants in its MBA, Executive MBA and Ph.D programmes.
In addition, over 9,500 executives participate in INSEAD’s executive education programmes.
INSEAD, was ranked fourth in the Financial Times’ 2011 rankings of 100 MBA programmes. This makes INSEAD’s MBA programme the highest-ranked offering in Asia, where the school is currently celebrating the 10th anniversary of its Asia campus in Singapore.
The latest ranking also reinforces INSEAD’s lead in global business education and follows its strong showing in other prestigious rankings this year, such as the Bloomberg Businessweek MBA 2010 ranking (No. 1 for international business school category), and the Forbes bi-annual MBA ranking last published in June 2009 (No. 1 in one-year business education programmes located outside the U.S.).