A Memorandum of Understanding (MOU) has been signed between the Department of Finance and Accountancy, Faculty of Business Studies, University of Vavuniya, and Institute of Certified Management Accountants of Sri Lanka (CMA) on the 22nd of March 2022 with the view to facilitate academic collaboration, knowledge sharing, and capacity building to develop competent finance & accountancy professionals to serve the region and the whole over the nation. Further, developing and promoting professional studies and becoming a member of a professional organization to overcome students’ challenges in the competitive job environment to take exposure confidently.

Dr. T. Mangaleswaran, Vice-Chancellor University of Vavuniya, Dr. Y. Nanthagopan, Dean Faculty of Business Studies, Mrs. Dr (Mrs.). Koperunthevy Kalainathan, Head, Department of Finance and Accountancy, and Ms. Janaki Samuel Thevaruban,

Senior Lecturer Gr. I have represented the University of Vavuniya. Mr. Prof. Lakshman R Watawala, President of CMA Sri Lanka, Mr. Kosala Dissanayake, Consultant, Ms. Sumudu Pagoda, Senior Director – Administration & Operations, and Ms. Jinanthi Chandrarathna, Director- Education, Training & Research and representatives of CMA have signed the MOU on behalf of CMA Sri Lanka.

This academic and professional collaboration between the University of Vavuniya and the CMA Sri Lanka will include specialization in subjects which are related to the Management Accounting field, collaborative research relevant to regional and national development, participation in workshops and conferences, and granting of exemptions to undergraduates, and graduates of the University, and more. It will also include awarding a Gold Medal for the most outstanding Finance & Accountancy honors degree Student.