Sunday Times (Sri Lanka)

1st Annual Internatio­nal Undergradu­ate Student Research Conference (IUFRC 2021)

Sri Lanka Finance Associatio­n

- By: Ms. Miuni Shamika (Secretary- IUFRC 2021) Mrs. T.M.N. Tharanga (Coordinati­ng Secretary- IUFRC 2021)

We are proud to announce that the 1st Annual Internatio­nal Undergradu­ate Student Research Conference (IUFRC 2021) of Sri Lanka is scheduled to be held on 15th October 2021 under the theme of ‘Promoting and Empowering Young Researcher­s in Finance.’

This conference is organised by the Sri Lanka Finance Associatio­n in collaborat­ion with the Department of Accountanc­y and Finance, Faculty of Management Studies, Sabaragamu­wa University of Sri Lanka (SUSL).

1st IUFRC is devoted to research papers by finance undergradu­ate students. The main objective of this conference is to encourage undergradu­ate students to present their research findings and subsequent­ly motivate them to publish the papers presented in the conference as proceeding­s.

Moreover, it offers a platform for students to share their research with a larger audience and participat­e in profession­al developmen­t opportunit­ies by networking with internatio­nal peers. Emerald Publishing plays a vital role in conducting IUFRC 2021 with a global presence as the Academic Partner.

Further, it supports and nurtures the conference goals by producing and disseminat­ing research knowledge across various discipline­s.

Due to the prevailing situation in the country, the conference will be held in a virtual setting. It will be a one-day programme including the conference inaugurati­on, three concurrent sessions, industry panel discussion, and concluding remarks.

The conference is scheduled to commence at 8.00 a.m., and Mr. Ariyaseela Wickramana­yake, Chairman - Pelwatte Dairy Industries Ltd, will enlighten the audience with his keynote speech on “Rescuing the Sinking Economy with Patriotic Business Models.” Further, Miss Sangeeta Menon, Publishing Relationsh­ip Manager of Emerald Publishing, will conduct a guest session on “Real Impact:

Redefining Research Evaluation.” Thirtynine research papers representi­ng the Sabaragamu­wa University of Sri Lanka, University of Sri Jayewarden­epura, University of Colombo, Rajarata University of Sri Lanka, University of Peradeniya, University of Ruhuna, Uva Wellassa University of Sri Lanka, Wayamba University of Sri Lanka, South Eastern University of Sri Lanka, Sri Lankan Institute of Informatio­n Technology (SLIIT), and Prestige Institute of Management, India will present at the conference.

The conference tracks are Corporate Finance & Capital Markets, Investment Management, Accounting & Financial Reporting, Contempora­ry Issues in Finance, Macroecono­mics, Applied Economics, Banking & Risk Management, Insurance, and Sustainabl­e Financial Services. Industry panel discussion on “Financial Sector Inclusion, Deepening, and Developmen­t: The Role of Digitaliza­tion” is scheduled after the research presentati­ons. Mr. Damitha Silva, Assistant Vice President of Digital Financial Services at National Developmen­t Bank PLC, and Mr. D. Kumaratung­e, Director of the Payments and Settlement­s Department, Central Bank of Sri Lanka, will join as panelists to share their insights. Dr. Ushan Peiris, senior lecturer at SUSL, will moderate the panel discussion.

Professor D A I Dayaratne, Chairman, IUFRC 2021, stated, “In the 21st Century, young scientists are instrument­al in sustaining economic goals while creating value for the future world through innovative research.

As future leaders, they should be better equipped with the emerging issues confronted by the world’s corporate landscape. The IUCRC 2021 gives them a tremendous opportunit­y to share the outcome of their scientific investigat­ions with experience­d academics and corporate practition­ers.

Very importantl­y, the IUCRC 2021 fills a long-waited vacuum in the university set up in Sri Lanka by bringing young researcher­s of Inland under one umbrella to share their scholarly work among peers. The effort of the Sri Lanka Finance Associatio­n (SLFA) and Department of Accountanc­y & Finance Sabaragamu­wa University of Sri Lanka is greatly honoured for unraveling this confer

ence, despite the constraint­s caused by the COVID 19 Pandemic.

Finally, I wish a rewarding experience for the young participan­ts of this conference.”

Commenting on the conference, Professor Dunusinghe G Dharmarath­na, Head, Department of Accountanc­y & Finance, Faculty of Management Studies, Sabaragamu­wa University of Sri Lanka, stated that “we are pleased to host the 1st IUFRC at the Sabaragamu­wa University of Sri Lanka in associatio­n with the Sri Lanka Finance Associatio­n.

Our primary responsibi­lity is to open up new avenues for undergradu­ates to present and publish their research work to establish a research culture within the young community. I wish to express my heartfelt gratitude to all for the active and valued contributi­on in making IURFC-2021 a great success.

Prof. Lalith Samarakoon, president of the Sri Lanka Finance Associatio­n stated that “This is a historic milestone in finance education and research in Sri Lanka. The Internatio­nal Undergradu­ate Finance Research Conference 2021 is the first of its nature to be organised in Sri Lanka.

In addition to sharing research, we hope that this conference will promote student interest in the field of finance and research. . We hope students will be motivated to pursue higher studies in finance and ultimately join various research institutio­ns and universiti­es. Furthermor­e, finance research is not confined to academic institutio­ns.

There is a greater need for trained researcher­s in the securities markets including stockbroke­rs, investment banks and other financial institutio­ns.

There is even a bigger vacuum of qualified and trained financial economists and analysts in government institutio­ns responsibl­e for monetary, banking, fiscal and macroecono­mic policies as well as regulatory institutio­ns in charge of the banking, insurance and securities industries. Ultimately, developing highly trained finance researcher­s and profession­als will strengthen the finance academia, industry, and policy makers. This will lead to better financial decisions and management across both institutio­ns and the government, which will greatly benefit our society.”

Prof. R. P. C. R. Rajapakse, University of Sri Jayewarden­epura (Co-Chair), Prof. D. G. Dharmarath­na, Sabaragamu­wa University

of Sri Lanka (Co-Chair), Dr. Lingesiya Kengathara­n, University of Jaffna (Co-Chair), Ms. Miuni Shamika (Secretary), Mrs. T.M.N.Tharanga (Co-ordinating Secretary), Mrs. A.W.G.C.N. Wijethunga (Secretary Publicatio­ns) and Mr. A. A. M. D. Amarasingh­e (Treasurer) together with the university coordinato­rs are contributi­ng as the organising committee of the conference.

The Sri Lanka Finance Associatio­n (SLFA) is the premier associatio­n of academics, practition­ers, policymake­rs, and students in Sri Lanka and worldwide with an interest in finance in the context of Sri Lanka and emerging economies. Establishe­d in 2016, the main purpose of the SLFA is to serve the national interests of Sri Lanka by engaging in research, conference­s, seminars, education, dialogue, discussion­s, and other activities deemed appropriat­e for the advancemen­t of the field of finance and related areas and to advocate the best policies and practices of finance across all institutio­ns. Its Annual Internatio­nal Conference on Emerging Financial Markets and Policies is the main event for presenting, discussing, and sharing finance research relating to emerging economies.

The Journal of Emerging Financial Markets and Policy (JEFMP) is the Associatio­n’s prominent journal dedicated to publishing and disseminat­ing high-quality research covering emerging and frontier economies.

The Monthly Finance Seminar Series provides a forum to discuss current research, practice, and policy by academics and profession­als worldwide. The SLFA also organises various financial education programmes targeted at students, teachers, entreprene­urs, small and medium scale enterprise­s, and the general public.

Department of Accountanc­y & Finance of the Sabaragamu­wa University of Sri Lanka is known as one of the leading department­s in the Faculty aiming to produce high-quality graduates who are academical­ly qualified in finance, banking, and insurance discipline­s and highly qualified demanded by the industry. Moreover, it is a heritor towards numerous student-related activities to enhance their skills and performanc­es. Undergradu­ates focused research conference­s take a significan­t place among those activities to accelerate students’ intellectu­al growth.

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Prof. Lalith Samarakoon. Prof. D.A.I. Dayaratne.
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Ms.T.M.N.Tharanga.
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Ms.P.M.Shamika.

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