The Securities and Exchange Commission (SEC) signed revised Memoranda of Understanding (MoUs) with Eastern University of Sri Lanka (EUSL) and the South Eastern University of Sri Lanka (SEUSL) last week, reinforcing its commitment to supporting 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 recognizing 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 formally signed with the participation of key representatives from both universities and the SEC. Mr. Tushara Jayaratne, Deputy Director General of the SEC, 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.