General
Mak beats odds to emerge Second Runner Up in Inaugural Insurance Quiz
Makerere University Bachelor of Commerce Students beat all odds to emerge as second runners up in the inaugural Inter-University Insurance Quiz held on Friday 20th October 2017 at the Imperial Royale Hotel, Kampala. The students who only learned of the competition on the eve of the event through their mentor Dr. Godfrey Akileng-Head, Department of Accounting, College of Business and Management Sciences (CoBAMS), however took the last minute preparations to heart and emerged triumphant.
“There is no module on insurance under the Bachelor of Commerce (B.COM) programme but our students did well, despite my initial hesitation owing to the short notice. We are very proud of them as a College” said Dr. Akileng. He however added that in future, insurance would be taught as a core course under the new curriculum currently under review. “This will equip our students with the basics of underwriting” he added.
The inaugural quiz was jointly organised by the Uganda Insurers Association and the Insurance Institute of Uganda (IIU) and the Makerere University team took home a trophy, certificates of participation and recognition and a brand new Tecno Spark smart phone for each of the five participants. Additionally, one of the team members Ms. Ankunda Nisa won herself a fully sponsored Certificate of Proficiency in Insurance from IIU in recognition of her excellent oral performance during the quiz. Other members of the team were; Katungi Andrew, Namutebi Zurah, Kirumira Julius and Ndekezi Bernadine.
Commenting on the selection criteria for participation in the quiz, Dr. Akileng said “Owing to the demanding preparation schedules for the quizzes coupled with other academic demands, we choose 3rd Year students with the highest CGPAs in the B.COM class to participate. This year, we selected the top 15 students and split them into teams of five to prepare for the: Ethics Challenge and the CFA Institute Research Challenge both organised by the Chartered Financial Analyst (CFA) Institute of Uganda and the recently concluded Insurance Quiz.”
In Dr. Akileng, the students have found a supportive and knowledgeable mentor. He personally participated in the CFA Institute Research Challenge of 2009 and his team emerged as global runners up. “For my efforts, I won a cash prize, trophy, certificate and books that I still use to teach my students. I also had the opportunity to meet CEOs of top global brands like Apple’s late Steve Jobs.”
The next CFA Institute Research Challenge for the East African local chapter is scheduled to take place in February 2018 and the team is confident that they will do well. “The Insurance Quiz was a way to build up your question approach and answering skills for the next level. Participation gives you the opportunity to open yourself up and meet people you have never met and gain experience you never had. I received heartwarming report from the IIU CEO-Mr. Saul Sseremba that Makerere had the most decent students in the competition. I encourage you to uphold this” lauded Dr. Akileng.
Other teams that participated in the inaugural Insurance Quiz were drawn from Makerere University Business School (MUBS), Bugema University, Kyambogo University, Mutesa I Royal University and Buganda Royal Institute.
Article by Public Relations Office
General
Makerere University and Xiangtan University Advance Strategic Partnership in Chemical Engineering
Makerere University and Xiangtan University are set to update their close to 20-year academic partnership, with a new focus on launching a joint Master’s degree program in Chemical Engineering and expanding student and staff exchange initiatives.
The commitment was reaffirmed during a recent visit by a delegation from Xiangtan University to Makerere University headed by Professor Dingyu Ou, in the company of Mr. Tang Fei and Professor Gilbert Gumshabe, the Chinese and Ugandan Directors of the Confucius Institute at Makerere University respectively.
While addressing the delegation, Professor Nawangwe highlighted that this initiative is part of a broader strategy to diversify academic offerings and contribute to national development through training in Chemical Engineering. Through this new initiative, the University will better prepare graduates for the petrochemical industry and support the country’s industrial growth.
The Vice Chancellor appreciated that the proposed collaboration aims to address Uganda’s growing need for industrial expertise, particularly as the country develops its petroleum sector. The two universities here are working toward a 1+2 training model, which will enable Makerere students to gain practical experience and access advanced laboratory facilities at Xiangtan University.
Professor Nawangwe further reiterated that “our relationship with the people of China, not just for Makerere but also for a big part of Uganda, has been opened wider by the establishment of the Confucius Institute, considering that many other collaborations like one being discussed now have come through this collaboration.”
The head of the Xiangtan delegation, Professor Dingyu Ou, expressed appreciation for the meeting, and acknowledged the history between the institutions. “As mentioned, we have a very long relationship and a very stable friendship between our two universities.”
Professor Ou extended appreciation for the support provided to the Confucius Institute at Makerere, the care shown to his colleagues, and looked forward to the successful start of the Chemical Engineering collaboration.
Assuring the delegation of Makerere’s readiness for the collaboration, Ms. Hawa Ndagire Kajumba the Lead, Partnerships and Stakeholder Engagement, Makerere University Advancement Office, aligned with the Vice Chancellor’s emphasis of University goal to have both theory and practice imparted to the students.
She said “the curriculum of the university and Uganda as a whole is moving towards competence-based education training to ensure students are equipped to demonstrate those skills in the actual field, particularly regarding petroleum exploration.”
Ms. Ndagire Kajumba also emphasised a shift in strategy for the partnership office, saying, “we are moving away from just signing MOUs that collect dust, and moving towards those that are more collaborative to benefit our faculty and students, just like this one.”
Professor Gilbert Kumushabe aligned his remarks with those of the Vice Chancellor and Ms. Ndagire Kajumba, and described the method used at Xiangtan University as “actually competence-based teaching.”
Based on his recent visit, Prof. Gumoshabe shared that students in China are divided into groups with dedicated teachers to perform practical, hands-on work beyond the theoretical lecturers. He expressed gladness that the same was being adopted for the Ugandan context.
Both institutions are now working to finalise the specific agreements for the joint degree and exchange programs. Beyond academic training, the collaboration will advance cultural and professional exchange.
-
General2 weeks agoStatement on Concerns Circulating Regarding a Member of Academic Staff
-
General1 week agoTimothy Khabusi: From Barefoot Walks to shaping Uganda’s Eye health Future
-
General2 weeks agoBeyond Map Size: Africa’s Agency Should Not Be Funded by Other People
-
Health1 week agoUganda’s HIV Treatment Gains Bring the Youth Gap into Focus
-
Agriculture & Environment1 week agoMakerere University Welcomes 50 Youth Skilling Program trainees under the Africa Climate Collaborative, Supported by Mastercard Foundation