Certificate in Entrepreneurship and Small Business Management Programme (ESBM)
Introduction Many business enterprises in Sri Lanka belongs to the small business category. Most of these enterprises are located outside the capital city of Colombo. Employment in the rural sector is also generated by small business ventures. The government has organized the socio economic significance of the small business sector and has instituted policies to encourage and promote small business activities. Conditions conducive for small business ventures exist in Sri Lanka. In spite of this, many small ventures have failed or have suffered slow growth. Reasons for such failures appear to be related to selection procedures of the ventures and improper management of the business. The Open University of Sri Lanka presents this programme to address these two crucial factors of business success, selection, and management of small business ventures. The structure of the programme and the approach to it are designed to ensure its usefulness as a training exercise for aspiring investors and businessmen and for those who aspire to become managers and other supportive in business organizations.
Programme Duration - One academic year
Meedium of Instruction
a) Successful completion of Level 1 of the Faculty Foundation Programme in Social Sciences or
b) Obtaining two credits or exemption from a foundation programme conducted by the Open University or
c) G.C.E. O/L passes in any six subjects at once in not more than two sittings or d) Any other qualification acceptable to the University Senate.
An Admission Test will be conducted when necessary.
Programme Structure and Approach
The programme consists of seven courses
MCC 1201 - Entrepreneurship
MCC 1202 - Managing a Small Business
MCC 1103 - Basic Statistics and Economics
MCC 1204 - Introduction to Marketing
MCC 1105 - Introduction to Operations Management
MCC 1206 - Introduction to Accounts & Finance
MCC 1207 - Project Report
The Project Report to be written by the student with the guidance of the academic staff of the MSD provides an opportunity for students to develop a business venture proposal of their choice in a formal manner.This report will be evaluated for the award of the certificate.
Method of Evaluation
The performance of a student is evaluated on the basis of three sets of criteria:
Tuition Fee - Rs. 7,992.00 (2 credits)
Payment by installment
Payments for this programme may be in two installments
Award of Certificate
On successful completion of the Final Examination, the Certificate in Entrepreneurship and Small Business Management of the Open University of Sri Lanka will be awarded in accordance with the provisions in the Open University regulations.
Note:Those who have successfully completed this Certificate Programme will qualify to seek admission to the Bachelor of Management Studies Degree Programme, without sitting for the admission test.
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