2025

•Signed MOU with the Institute of Chartered Accountants of Sri Lanka •Signed MOU with Ontomatrix Pvt Ltd, Safe Foundation and PICTA Organisations •.An agreement was extended with MAG to conduct English training and other soft skill development programs. • A Certificate Course in Professional English was commenced • The 27th Faculty Anniversary was celebrated • The 5th RCBS Conference was conducted •1st undergraduate research symposium on project management (URSPM) was conducted. •1st undergraduate conference on Accounting and Finance (URSAF) was conducted •2nd International Project Management Day was conducted • 1st Accounting and Finance Day were hosted •The Business Fellowship program was conducted with the collaboration of the Asia Foundation. •Centre for Business Research was established •Entrepreneurship Student Club was established •Vavuniya Journal of Business Management was indexed in the Sri Lanka Journal online database (SLJOL).

2023

Two new honours degree programs in Banking and Insurance and Entrepreneurship were introduced Signed MOU Agreement with ACCA on 13th January 2023  Signed MOU Agreement with People’s Bank in April 2023 ➤ The Youth Leadership Programme (YLP) was commenced with the collaborations of UNDP on 31st January 2023. ➤ An Agreement was signed with MAG

2022

Micro Small Medium Enterprises (MSMEs) hub was established on 20th December 2022. The faculty celebrated the Silver Jubilee on 4th, 5th and 6th of July 2022. The faculty conducted the 4th Research Conference on Business Studies (RCBS-2022) as a Silver Jubilee Conference. Five Training and Placement Cells were established in five departments Information Technology Services

2021

The Vavuniya Campus of the University of Jaffna has been elevated to as “University of Vavuniya, Sri Lanka” by the extraordinary gazette issued on 08th June 2021. Alumni Association of the Faculty of Business Studies (AAFBS) was officially formed on 14th February 2021. Five new student clubs were established to enrich students’ participation in extra-curricular activities. Five new departments were formed as Department of Project Management, Department of Human Resource Management, Department of Marketing Management, Department of Business Economics, and Department of Management and Entrepreneurship by abolishing the Department of Economics and Management, gazette on 22nd March 2021 on the recommendation of the University Grants Commission, Sri Lanka.

2020

MOU was signed with Chartered Institute of Personnel Management (CIPM). Faculty bi-annual newsletter was published. 3rd Research Conference on Business Studies (RCBS-2020) was conducted. Mentoring system was introduced for the students.

2019

Bachelor of Business Management (Honours) in Project Management was commenced. The Faculty has obtained “A” grade in the Program Review.

2018

Department of English Language Teaching was established under the Faculty. 2nd Research Conference on Business Studies (RCBS-2018) was conducted. Journal of Business Management (JBM) was launched and Volume 01 was published.

2017

BBM curriculum was revised for the third time in accordance with Sri Lanka Qualifications Framework (SLQF).

2016

1st Research Conference on Business Studies (RCBS-2016) was conducted.

2015

A new three-year degree programme of BBM in Project Management was commenced from the academic year 2015/16. 1st Students’ Forum was organized on the theme of “Understanding Domestic Business Context”.

2014

MOU was signed with the Sri Lanka Institute of Marketing (SLIM). A new specialization of BBM Honours in Human Resource Management was introduced from the academic year 2013/2014.

2008

The curriculum was revised for the second time based on the suggestions made by the Subject Review teams of the Quality Assurance and Accreditation Council (QAAC) and the credit values were amended in accordance with the Common Credit Framework released by the UGC. A new specialization of BBM Honours in Business Economics was introduced.

2006

Industry Community Interaction Cell of the Vavuniya Campus (ICICVC) was established. Short courses and community outreach programs have been conducted under this cell.

2005

The BBM curriculum was revised for the academic year 2003/2004 and students were given opportunity to follow specializations as Accounting and Finance and Marketing Management.

2002

The faculty has started to offer BBM Degree (Four-year degree) with the two specializations: Accountancy and Finance and Management.

1998

Direct intake to the faculty was taken place for the academic year 1997/1998 and three-year Bachelor of Accountancy and Finance, and Management degrees were offered.

1997

Vavuniya Campus of the University of Jaffna was established by elevating NPAUC.