Oxford College of Business was recently recognized as the 2nd runner-up among all small business entities in Sri Lanka, when they won the bronze award at the National Business Excellence Awards 2013. The National Business Excellence Awards is an annual award competition conducted by the National Chamber of Commerce of Sri Lanka (NCCSL) with a view to recognizing business enterprises, which have demonstrated excellence in business, whilst contributing to the economic progress of the country.
“We are extremely proud of being the recipient of this award. It is the first time that Oxford College of Business took part in this prestigious competition. It is truly rewarding to be recognised for the contribution Oxford College of Business makes to the economic development of the country while practising exemplary business practices. The National Business Excellence Awards is known for its diligent process in selecting award winners and it is our privilege to be a part of this process,” said Mr. Malindu Ranasinghe, Director of Oxford College of Business.
This annual award competition recognises business enterprises, which have demonstrated excellence in business, whilst contributing to the economic progress of the country. Applications for the awards were evaluated by a team of highly qualified professionals and the final selection was made by an expert Panel of Judges headed by Prof Uditha Liyanage, with the addition of panel members consisting of Prof. Lakshman R. Watawala- President, CMA, Dr.KoshyMathai- Resident Representative, International Monetary Fund and Ravi Pieris- Director General/CEO, The Employers’ Federation of Ceylon, Dr. Penny Hood.
During the awards presentation Prof. Uditha Liyanage explained the criteria based on which winners are selected such as: Leadership, Corporate Governance, Capacity Building, Performance Management, Local and Global market reach, CSR and Environment Sustainability and Business and Financial Results. The primary objective of this competition is to recognize and reward contributions that have been made by business enterprises towards the economic progress of the country.
A total of 200 over applications were submitted this year, which were short listed down to 83 companies which were interviewed by the imminent panel of Judges. Winners were selected on the basis of overall excellence, criteria excellence, category excellence and sector excellence. In time to come, NCCSL is to focus on adopting a more transparent approach with their processes where they hope that the scheme would represent a guidebook approach towards excellence where the objective is to raise the standards of all companies in Sri Lanka.
Delivering Educational Excellence in the field of Business Education
Oxford College of Business is one of the very few private higher education providers in the country which is ISO9001 certified, furthermore all undergraduate and postgraduate courses offered at Oxford College of Business is approved by the University Grants Commission (UGC) of Sri Lanka. Over the past 10 years Oxford College of Business has produced world prize winners at all foreign affiliated programs offered. The academic excellence Oxford College of Business boasts of is unparallel and unmatched by any other private higher education provider in the country. Some of the notable academic achievements Oxford College of Business include:
Produced 12 World Prize winners and 1 President Prize winner for ABE (UK)
Produced 6 grade A’s at the final year of the BBA awarded at Heriot Watt University 2012/2013 (This is a level of achievement, less than 3% of all graduates have achieved to date)
Produced a BBA (final year) Business Management Prize from Heriot Watt University 2012/2013
Produced two AIB Chairman’s Award Winners, where two graduates from Oxford College of Business took top place over MBA graduates across 13 other countries worldwide in 2011/2012.
“Student success is at the heart of our dynamic approach to graduate education. Looking at business decisions in a new way, spotting trends before they are recognized as the next big thing, seeing situations from a global perspective, asking the right questions, being an innovator are some of the skills we train our students to develop. Furthermore the esteemed faculty members at Oxford College of Business are the epitome of thought leaders – using their extraordinary local and global business expertise to share insight, theory and solutions with the business community being the main reasons that Oxford College of Business has produced such academic excellence over the past years,” says the course director at Oxford College of Business.