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President launches Nation’s University new building, MBA Degree

Written by Johann Earle
Tuesday, 06 September 2011 02:40
Source - Guyana Chronicle

President Bharrat Jagdeo addresses the School of the Nations launch last evening

PRESIDENT Bharrat Jagdeo last evening dedicated the new building housing School of the Nations and Nations University, and singled out the institution’s administrators for their vision, saying that graduates can be a part of the drive to export education services in the new economy.

The institution not only dedicated a new building last evening, but also launched a new Master’s in Business Administration (MBA) programme in partnership with the Australian Institute of Business (AIB).

“Congratulations to all those who worked hard to make this a reality,” the president said. He said that he was pleased that the institution is offering Guyanese a chance to further their studies and said the partnership between Nations University and the Australian Institute of Business is an example of the globalization of education services.

“We may one day, as a country, export these services to the world. There are some areas where we have an advantage,” said President Jagdeo. Singling out one such advantageous area, the president said Guyana can become a global centre for the study of biodiversity.

“We may be able to attract large pharmaceutical companies to invest [for this purpose],” he said. He added that government has already dedicated US$9M for the setting up of a US$20M school for the study of biodiversity, and that another US$2M will come from the Low Carbon Development Strategy funds. He said that the additional US$9M is to be raised through the donation of philanthropic sources.

President Jagdeo is taken on a tour of the new facility by administrator Mrs. Pam O’Toole

Speaking to the gathering, the president said that it is important to create a new economy, one not dependent on natural resources. He said that the sectors that will create wealth will be the ones receiving the focus and attention in the new economy.

“Recognising that education could become an important export, it is incumbent upon us to prepare for that future,” he said. He said opportunities are opening up for private partnerships in education. “The O’Tooles have demonstrated that there is a role for the private sector in education,” he said, adding that this does not in any way diminish the role of the State in education delivery.

He said that such partnerships will help to prepare Guyana’s people for access to services not yet available here.

Alluding to the government’s One Laptop per Family and its fibre-optic ICT programme, the president said that ICT ranks highly on the agenda of the government because of the possibilities it presents. He said the two Government initiatives will make a huge difference in the delivery of education and in other areas.

President Jagdeo addresses the School of the Nations launch last evening

“With connectivity people could sell education services…I see a great future in the area of education services,” he said, adding that too much attention is sometimes paid to what he referred to as the sunset industries. “We have to applaud every opportunity to develop human capacity, and Nations has been playing [a pivotal role in this],” he said.

Dominic O’Sullivan of the AIB said that the MBA programme, which Nations is offering on their behalf, is fully accredited, not only in Australia, but anywhere in the world. Joel Abraham, AIB’s Marketing Director, said that they added Guyana to their global network because they felt Guyana was an underserved market.

Last Updated ( Tuesday, 06 September 2011 02:46 )

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Guyana positioned to offer global educational services – President
at opening of Nations University

Georgetown, GINA, September 5, 2011
Source - GINA

President Bharrat Jagdeo speaking to members of the public at the opening of Nations University, New Market St.

Tertiary level career options have gone to a further extent with the newly opened Nations University offering Guyanese Masters of Business Administration (MBA) and other internationally acclaimed courses locally.

The University, located at Main and New Market Streets, was officially opened today with its Director Dr. Brian O’Toole meeting members of the public for a discussion session at the campus.

Nations University has partnered with the Australian Institute of Business (AIB) to offer the 12 month MBA programme at a tuition fee of US$5,210, payable in installments.

President Bharrat Jagdeo was among those who joined in the opening and offered remarks before being given a tour of the institution which formerly housed the Woodbine Hotel. He was joined by AIB’s Marketing Director Joel Abraham and Australia’s Honorary Consul Dominique O’Sullivan.

The Head of State expressed his satisfaction that opportunities and options at an academic level of this scale are being offered to Guyanese in their own jurisdiction.

“Given what this signifies, that is the globalization of educational services, its provision, its delivery, particularly occasioned by changes in Information Communication Technology. We may one day as a country also export this sort of service to the rest of the world,” President Jagdeo said.

Already Nations University has attracted students from far-flung areas such as Berbice, Bartica, Essequibo who have been assured that the standard of education has been certified by the Australian Qualifications Foundation (AQF).

Director of Nations University Brian O’Toole speaking to members of the public at the opening of the institution

AQF is the major body in Australia that is run by a board of leading Australian academics, is chaired by a former Australian Minister of Education and is charged with promoting the quality of education in Australia.

The delivery of private education is one which President Jagdeo said is gaining momentum in Guyana and credited the role investors such as O’Toole have played in demonstrating that there is a role for private education in Guyana.

“There was a time when the state had overwhelming, strong presence in the education sector, almost an absolute presence, and we have managed to disengage from that to open up opportunities for private investment without diminishing the role that the state has to play in providing quality education,” President Jagdeo said.

He expressed the view that public private partnership is necessary for Guyana to make education an export industry and explained the plan already underway for Guyana to capitalize on its rich biodiversity and ecosystems resources with the establishment of a world class centre for biodiversity research at the University of Guyana.

President Bharrat Jagdeo is given a tour of the newly opened Nations University, by Pam O’Toole, principal of the institution

“We can become a global centre for studies in biodiversity and at very high levels and we can also through those engagements, attract some of the largest companies in the world, particularly pharmaceutical companies, to do research right here in Guyana to complement the teaching that we do here in these areas,” President Jagdeo said.

Financing for the project is already being realized with a $9M loan approved an additional $2M to be acquired from the Low Carbon Development Strategy (LCDS) and another $9M from philanthropic sources according to President Jagdeo.

AIB is a leading education group that specializes in business education and its Marketing Director explained that the rationale for establishing a presence in Guyana was the realization that there is need for international options locally for students.
FM

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