National Institute of Cooperative Development - NICD is a prominent national educational institute that has been excelling a supreme experience over 70 years in the sphere of education.

The institute, diversifying its scope and dimensions, proudly launched the Professional Accountancy and Banking Curriculum in 2011, aiming the prospective job market with pure objective of prospering the future of the younger generation of the nation that leaves the formal yet extremely competitive school education or pursues its higher education.

NICD is the sole government body in Sri Lanka, collaborated with the Institutions of Accountancy Banking of Sri Lanka which is under the Ministry of Industry and Commerce that concocts students for the professional exams.

Further, NICD Professional education center is located in a very conducive environment at Polgolla junction which is very calm by nature so ideal for the teaching-learning process. There are only few kilometers from Kandy city to Polgolla and it has direct & shorter access from the areas like Kurunegala, Katugastota, Matale, Waththegama etc.

More importantly, majority of our lecturers are from Universities and Advanced Technological Institutes who are possessing advanced qualifications such as master degrees, Postgraduate Diplomas, Professional Qualifications etc. and they have been selected through a well-structured interview conducted by The Administration.

In summary, NICD is;

  • AAT Business School Regional Centre
  • AAT Accredited Education Centre(AECs)
  • CA Sri Lanka registered teaching college
  • IBSL Approved Education Partner
  • Multimedia English Language Centre at CA Sri Lanka
  • AAT information Centre – Kandy

 

Diploma in Business Management and Development

Diploma in Business Management and Development
National Institute of Co-operative Development

Aim of Program

The program aims to initiate the candidates to basics of management, commerce and socioeconomic development that are deemed important and development that are deemed important for successful employment in the corporate sector. It aims to provide the opportunity for Advance Level qualified school levers and currently employed persons who have been denied the opportunity of advance in the corporate sector due to the lack of a qualification in Management, Commerce and Development, to obtain one.

Admission Criteria

The target group remains school leavers who have:

  • Passed all the subjects in the GCE A/L examination.
  • Passed two subjects in the GCE A/L examination with two years industry experience at the appropriate level.
  • Passed the GCE O/L examination with four years industry experience at the appropriate level. OR
  • Any other equivalent qualification approved by the Study Board of the NICD.

Syllabus / Content

  • Principles of Management
  • Problems and Challenges of Development
  • Basic Business Mathematics and Statistics
  • Sociology of Management and Business Administration
  • Human Resource Management
  • English, Business Communication and Secretarial Practice
  • Entrepreneurship
  • Introduction to Marketing
  • Accounting
  • Information Technology for Management

Course Duration

1 Year (Weekends)

* Successful completion of Diploma programme leads to the award of Diploma in Business Management and Development awarded by NICD.

AAT Business School Regional Centre

AAT Business School is a Strategic Business Unit (SBU) operating under the Association of Accounting Technicians of Sri Lanka, committed towards enhancing competencies and recognition of those seeking individual development.

Higher Diploma in Accounting & Finance

The AAT Business School which is a “Higher Education Centre that focuses on Executive development and Upliftment of students to become aspiring leaders committed towards enhancing competencies and recognition of those seeking individual development in Sri Lanka launched its newly structured course- the Diploma in Accounting & Finance, and the Higher Diploma in Accounting &Finance (HDAF) to provide a sound theoretical basis in Accounting and Finance with requisite skills and attitudes of participants to progress in their fields of careers mainly in the small and medium scale enterprises in Sri Lanka as well as internationally.

Objectives of the HDAF

According to the facilitators the course will leads executives to, demonstrate a sound understanding of advanced concepts and principles of accounting, finance, management, economics and other related social sciences and apply that knowledge in the decision making process and Improve the critical thinking ability, and communication, negotiation, analytical and problem solving skills in professional and business contexts, display leadership, ability to work in teams, commitment for learning, and adaptability in the professional environment and ultimately develop positive attitudes and responsibility towards work and society.

Target Group

The course is designed for after advanced level school leavers and employees who are already engaged in the fields of Accounting and Finance.

Direct entry to Higher Diploma is possible to students who have completed the AAT Final level or for those with similar qualifications.

Entry Requirements and Progression Pathway

Duration (2 Years / 60 Credits / 4 semesters)
  • Diploma in Accounting & Finance (DAF) / 1 year (2 semesters with 30 credits)
  • Higher Diploma in Accounting & Finance (HDAF)
Course Structure
Course Code Course Title Notional Learning Hours No. of Credits
Year I : Semester I
AF1301 Principles of Financial Accounting 150 3
AF1302 Principles of Economics 150 3
AF1303 Principles of Management 150 3
AF1304 Business Mathematics and Statistics 150 3
AF1305 Introduction to Information Technology 150 3
Year I : Semester II
AF1306 Intermediate Financial Accounting 150 3
AF1307 Introductory Management Accounting 150 3
AF1308 Financial Management 150 3
AF1309 Commercial Law 150 3
AF1310 Business English 150 3
Year II : Semester I
AF2301 Advanced Financial Accounting and Reporting 150 3
AF2302 Management Accounting and Controls 150 3
AF2303 Human Resource Management and Marketing Management 150 3
AF2304 Managerial Economics 150 3
AF2305 Statistical Analysis for Accounting and Finance 150 3
Year II : Semester II
AF2306 Financial Markets and Institutions 150 3
AF2307 Operations and Project Management 150 3
AF2308 Introductory Taxation 150 3
AF2309 Corporate Law 150 3
AF2310 Accounting Information Systems 150 3
Total     60

Computerized Accounting for SME (10 CPD Credits)

Duration 12 Weeks
Course Contents
  • Tally
  • MYOB
  • QuickBooks
  • Sage
Lectures & Practical’s Weekends

Course in Taxation (10 CPD Credits)

Duration 12 Weeks
Course Contents
  • Income Tax (Individuals & Companies)
  • Computations
  • Tax Administration
  • Tax Planning
  • Tax Holidays
  • Concessionary Tax Rates
  • Stamp Duty
  • Introduction to RAMIS
  • VAT & SVAT
  • NBT
  • ESC
  • Withholding Taxes
  • Other Taxes
Lectures & Practical’s Weekends

AAT Accredited Education Centre (AECs)

  • Be a Professional Accounting Technician
  • Association of Accounting Technicians of Sri Lanka

Objectives & Benefits

  • Build up professionals capable in reporting, planning investigating and analyzing institutional financial activities and related procedures.
  • On behalf of social responsibilities, introducing new educational and professional avenues for students who are not from the Co-operative sector.
  • Build up number one professionals in management and accounting fields.

Entry Requirements

  • 06 Passes at G.C.E. (O/L) (SL) OR
  • 05 Passes at G.C.E. (O/L) (UK)
  • 02 Passes at G.C.E. (A/L) (SL / UK) OR
  • 05 Years’ Experience as an Accounts Clerk / Audit Clerk / Book-Keeper / Accounts Trainee in a Recognized Establishment OR
  • Any other equivalent qualification acceptable to the Governing Council of AAT Sri Lanka

Syllabus / Content

Accounting Assistant (AA1 Level)
  • Financial Accounting Basics (FAB)
  • Quantitative Methods for Business (QMB)
  • Economics for Business and Accounting (EBA)
  • Business Operations & Management (BOM)
Accounting Analyst (AA2 Level)
  • Advanced Financial Accounting (AFA)
  • Cost Accounting & Reporting (CAR)
  • Business Management & Strategy (BMS)
  • Business Law & Ethics (BLE)
Accounting Associate (AA3 Level)
  • Financial Accounting & Reporting (FAR)
  • Management Accounting & Finance (MAF)
  • Processes Controls & Audit (PCA)
  • Corporate & Personal Taxation (CPT)
Talent (Skills) Capstone
  • Effective Communication Skills (ECS)
  • IT Skills (ITS)
Duration 1 ½ Years (6 Months for Level 1)
Lectures & Practical’s January to July (Weekends)
July to December (Weekends)

CA Sri Lanka Registered Teaching College

Be a Professional Chartered Accountant

The Institute of Chartered Accountants of Sri Lanka

Objectives & Benefits
  • Providing high quality human capital to maintain the accounting field smoothly
  • Deliver professionals with practical knowledge in accounting skills and attitudes to the field of business
  • Build up professionals in accounting
Entry Requirements

G.C.E (A/L) 3 Passes

Syllabus / Content
Executive Level

Knowledge Pillar

  • Financial Accounting & Reporting Fundamentals
  • Management Accounting Information
  • Fundamentals of Taxation & Law
  • Processes, Assurance & Ethics
  • Commercial Insight for Management

Skills Pillar

  • Executive Communication & Peoples Skills
  • Executive Information Technology & Systems
Business Level

Knowledge Pillar

  • Business Financial Reporting
  • Business Management Accounting
  • Business Taxation & Law
  • Business Assurance, Ethics & Audit
  • Business Value Creation

Skills Pillar

  • Business Communication & Peoples Skills
  • Business Information Technology & System
Corporate Level

Knowledge Pillar

  • Corporate Financial Reporting
  • Corporate Finance and Risk Management
  • Corporate Taxation
  • Corporate Governance, Assurance & Ethics
  • Corporate Strategy and Contemporary

Skills Pillar

  • Corporate Communication & People Skills
  • Corporate Information Technology & Systems

The Personal Pillar

Practical training plays a vital role in the development of a Chartered Accountant. The curriculum 2015 enhances the three-year long practice training aspect of students through the personal pillar.

Duration 06 Months for Executive Level
Lectures & Practical’s Chartered Executive Level English Medium - September / March Examination
Chartered Business Level English Medium - July / December Examination

IBSL Approved Education Partner

Be a Smart Banker

Institute of Bankers of Sri Lanka

Objectives & Benefits
  • Introducing professional Bankers with well accepted professional qualifications to the modern local Banking market
  • Empowering Sri Lankan micro finance Banking sector by producing professional level micro finance Bankers
  • Build up professionals both I Banking and Financial sectors
Entry Requirements

Enrollment Rules for IABF Examination

  • GCE (A/L) or equivalent examination in Sri Lanka or abroad having 3 passes with 2 credit passes and credit pass in Mathematics in GCE (O/L).
  • GCE (O/L) or equivalent examination in Sri Lanka or abroad with 6 passes at one sitting having 5 credit passes including Mathematics.

Enrollment Rules for DABF Examination

  • Students who have successfully completed either CBF or IABF can register for DABF
Syllabus / Content

Intermediate in Applied Banking and Finance (6 subjects: 4 compulsory and 2 optional out of 4)

Compulsory Subjects

  • Survey of Financial System
  • Commercial Banking
  • Business Accounting
  • Introduction to Banking and Financial Law

Optional Subjects

  • Principles of Economics
  • Non-Banking Financial Business
  • Financial Clients Management
  • Business Mathematics and Statistics 3

Diploma in Applied Banking and Finance (7 subjects: 4 compulsory and 3 optional out of 5)

Compulsory Subjects

  • Economics of Money and Monetary Policy
  • Financial Management
  • International Trade and Finance
  • Credit Management

Optional Subjects

  • Financial Institutions Management
  • Financial Markets Operations
  • Investment Banking
  • Development Finance
  • Central Banking
Duration 06 Months
Lectures & Practical’s Sinhala Medium September / March Examination

Multimedia English Language Centre at CA Sri Lanka

Registered Teaching Collage.

Commencement of Classes for Communication & People Skills (Executive Level) Under New CA Sri Lanka Curriculum.

The classes for Communication & People Skills(SE1) at Executive Level, under the new CA Sri Lanka Curriculum will be started from 2015 onwards.

In its endeavor to facilitate students with enhanced learning opportunities, CA Sri Lanka has taken a noteworthy initiative in developing the Communication Skills of all students from the Executive Level onwards, who are following the CA Sri Lanka globally recognized Chartered Accountancy qualification.

In this context, CA Sri Lanka has selected the Teaching Colleges which have been approved by CA Sri Lanka with a reduced class size of 35 students to offer a user-friendly learning environment.

All CA Sri Lanka students at Executive Level are kindly requested to pay attention to the following guidelines if they are joining the SE1 study programme at the Executive Level.

Compulsory SE1 Module

Communication & People Skills (SE1) is a compulsory Module for all students at Executive Level to complete before they proceed to Business Level. All students at this level are advised to complete SE1 Module first, before the commencement of the Knowledge Modules or along with the Knowledge Modules.

All students should successfully complete the SE1 Module before obtaining the Certified Business Accountant (CBA) Certificate.

The duration of the study programme is 80 hours over a period of 5 months, 4 hours per week, focusing on all 4 language skills; reading, writing, listening & speaking; which will be tested at the Final Exam.

Teaching Colleges for SE1 Module

For the convenience of all students, a large number of Teaching Colleges approved by CA Sri Lanka are available in each province who will conduct the SE1 Module.

You may visit: www.casrilanka.com/casl/index.php?option=com_content&view=article&id=112&Itemid=157&lang=enor or the CA Information Centres for more information on Teaching Colleges approved to conduct SE1 Module.

Registration for SE1 Module

It is compulsory for all students to register with CA Sri Lanka before enrolling for the SE1 Module study programme. Registration for the course is only through online. Students can register by accessing the student portal of the CA website.The classes will be conducted by the respective Teaching Colleges according to their time tables.

Students have the flexibility to select a particular Teaching College based on their locations and convenience. However registration at Teaching Colleges will be accepted on a first-come first-served basis.

Placement Test

Students who would like to know their competency level or those who are having a higher competency level and wish to get an exemption from the SE1 study programme may sit the Placement Test. However it is compulsory for them to sit the Final Exam of SE1 even if they get an exemption from the study programme.

Payments for SE1 Module

All payments with regard to the SE1 Module should be payable to CA Sri Lanka via online or to any Bank of Ceylon branch island-wide or to the Cashier at CA Sri Lanka.

Payment Structure

Registration Fee Rs. 1,000.00
Course Fee

Rs. 5,500.00 (Payable in 2 Instalments)

  • 1st Instalment Rs. 3,000.00
  • 2nd Instalment Rs. 2,500.00

AAT Information Centre Kandy

The Association of Accounting Technicians (AAT) Sri Lanka recently opened its newest Information Centre at Polgolla, Kandy. 

This is the fourth AAT Information Centre after Hambantota, Trincomalee, and Batticaloa. Expanding the branch network is in line with the strategy that AAT Sri Lanka’s Governing Council has formulated in order to situate branches and Information Centers at strategic locations, to better cater to students’ needs. In addition to the four information centers now in operation, AAT Sri Lanka has branches in Jaffna, Kurunegala and Matara linked to its Head Office in Narahenpita, Colombo.

The Kandy centre will provide a complete range of services and products that are presently available at the AAT Centre in Colombo and will be open the whole week from 8.00 am to 4.30 pm.

AAT Sri Lanka was established in December 1987, on the initiative of the Institute of Chartered Accountants of Sri Lanka, under the aegis of the Asian Development Bank, with the aim of developing middle level management in the field of Accountancy, and has been in operation for over 26 years. It offers one of the best affordable qualifications for GCE. O/L and A/L students to pursue Higher Education and become Professional Accountants in the shortest possible time.

Kandy (Polgolla),
National Institute of Co-oporative Development,
Polgolla.

+94 667 559 669
This email address is being protected from spambots. You need JavaScript enabled to view it.

Visiting Lecture Panel

Mr. B. Lakshman Perera Associate Member of the ICMA Sri Lanka (Member Number 2333),
Associate Member of the CA Sri Lanka (Member Number 3209)
Mr. M.S.M. Ramsy B.Sc Management (Public) Special - University of Sri Jayewardenepura,
The institute of Internal Auditors (IIA Inc) - USA,
Certified Internal Auditor (CIA),
Associated Chartered Management Accountant (ACMA),
Mr. Hasthika Niranjana Bachelor of Commerce,
Higher National Diploma in Accountancy (HNDA),
Final - II Examination of the CA Sri Lanka - Sri Lanka
Member of AAT
Mr. M.S.M. Fareen BSc Public Management (Special) University of Sri Jayewardenepura,
Pass Finalist ACCA (UK),
MBA Reading - University of Colombo,
Mrs. Uththara Rupasinghe LLB - 2nd Class - Upper Division - University of Colombo,
Attorney at Law
Mr. S.K.J. Gunaratne LLB Degree - University of Colombo
Attorney at Law
Mr. Lakshantha Brian Bachelor Degree in Economics (Hon’s) University of Peradeniya. Sri Lanka,
Bachelor of Laws Degree in Open University of Sri Lanka,
Postgraduate Diploma in Sri Lanka Institute of Marketing. (SLIM),
Attorney at Law
Mrs. B.S. Wijeyaratne Bachelor of Arts English Medium - University of Peradeniya,
Master of Arts Degree in Linguistics - English Medium - University of Kelaniya

Accredited Courses

Mr. Chanaka Dissanayake
Course Coordinator
viber2-5whatsapp2-5+94 714 425 989

Accredited Courses