RIC unveils UGC-approved International Economics and Finance Degree

RIC Academic Director Dr. Nirodha Bandara

A new contender for the most contemporary and innovative undergraduate degree has entered the higher education arena of Sri Lanka. 

Every student who enters the halls of the Royal Institute of Colombo (RIC) is given the opportunity to become the best, in both Sri Lanka and the world. Over RIC’s storied past of over 40 years in higher education, the unique factor that has prevailed throughout is common, i.e., success is guaranteed to those students who wish to take on a challenging course of study, with determined effort and focus. 

The Bachelor of Business (Honours) Degree in International Economics and Finance unveiled at RIC offers undergraduates a unique opportunity to acquire expertise in both finance and economics. This UGC approved four-year study course in the Bachelor of Business (Honours) Degree in International Economics and Finance (IEF) Program is challenging yet stimulating and provides an unparalleled practical depth. 

The objective of the BB (Honours) IEF Program is to gain an in-depth understanding of the economic, trade, financial, political, and other forces that have driven the processes of economic globalisation and integration, as well as of the private and public sectors and the institutions that shape the international economic environment, and its developments and policies. 

It also prepares students to analyse the most important issues in today’s globalised economy, including the macroeconomic and microeconomic causes and consequences of international economic and financial policies and trends.

By continuously updating and evaluating the BB (Honours) IEF curriculum, we encourage our students to utilise major current trends in the global economy and apply their learning and analysis to practical situations. This constant process of revitalisation ensures that the BB (Honours) IEF program remains at the forefront of educational excellence. 

RIC’s BB (Honours) IEF Program has been established to cater to the interests of students seeking both a broad scholarly understanding of the way the world economy and financial markets and institutions work. The program is also an ideal platform for those preparing for a variety of employment options related to international careers with solid theoretical knowledge and analytical skills in this field and to move onto graduate programs in international economics, monetary economics, political science, and international relations if desired.

The coursework in theory, policy, skills, and research methods, as well as the interim training experience, are designed to prepare students for careers in government agencies, industry associations, financial institutions, multinational corporations, economic consulting firms, think tanks, multilateral institutions, and non-governmental organisations – whether in Sri Lanka or abroad.

The degree program underlines RIC’s mission of providing high-quality education to the greatest number. As a pioneer non-state university (higher education institute) for the University of London degrees and the leading private institution for the University of London LLB degree program, RIC is recognised for the quality of its graduates, world-class results, qualified lecturer panel, and state-of-the-art learning facilities. The reputation gained through the years also led RIC to partner with Deakin University Australia to offer BSc Engineering, Science, and Environmental Science degrees.

Currently, RIC has a multi-cultural, multi-ethnic student and staff population studying and working in harmony. RIC’s prime location enables students the advantages of a ‘metropolitan campus’, with easy access to international information/resources centres, libraries, sports complexes, etc., while also providing easy access to a wide range of cultural, entertainment, and business facilities. 

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