The Securities and Exchange Commission (SEC) signed revised Memoranda of Understanding (MoUs) with the Eastern University of Sri Lanka (EUSL) and the South Eastern University of Sri Lanka (SEUSL) last week to support the educational and career aspirations of undergraduates.
The SEC began its partnership with national universities in 2008 through the signing of MoUs, and the MoUs were initially signed with the EUSL and the SEUSL in 2010. This marked the start of a lasting partnership aimed at nurturing the development of future professionals in the capital market.
The updated MoUs aim to offer valuable benefits to undergraduates, such as a cash award and gold medal recognising academic excellence in capital market-related subjects, a cash award for the top research project in the capital market field, and opportunities for enhanced industry knowledge, hands-on learning experiences, and career development within the capital market and the SEC through internships.
The revised Memoranda of Understanding (MoUs) were signed by representatives from both universities and the SEC. Deputy Director General of the SEC, Tushara Jayaratne, represented the Commission, while SEUSL was represented by its Acting Vice Chancellor, Dr. U.L. Abdul Majeed, and EUSL by its Vice Chancellor, Prof. V. Kanagasingham. The signing ceremony at SEUSL was also attended by the Head, Department of Management and Information Technology, Prof. Sabraz Nawas and M. Farwis of the Department of Accountancy and Finance.
At EUSL, the MoU was signed in the presence of Deputy Vice Chancellor Dr. T. Prabaharan, Dean, Faculty of Graduate Studies, Prof. J. Kennedy, Dean, Faculty of Arts and Culture, Dr. V. Gunabalasingam, Acting Head, Department of Management, Mrs. V. R. Ragel, Head, Department of Commerce, M.S. Thayaraj, National Link Coordinator, Faculty of Commerce and Management Ms T. Sellar and Dean, Healthcare Sciences, Prof. T. Sathaananthan.
The SEC will continue to renew MoUs with other national universities, underscoring its dedication to broadening access to professional opportunities for students across the country. Through this initiative, the SEC seeks to inspire young professionals, fostering academic excellence and innovative contributions to the capital markets sector.
