By | April 20, 2018

Namibia University of Science and Technology (NUST) signs agreement with the Namibia Financial Institutions Supervisory Authority (NAMFISA) – 2018

The University of Science and Technology (NUST) and the Namibia Financial Institutions Supervisory Authority (NAMFISA) recently signed an agreement with their sights set firmly on providing continuous on-the-job training to students.

Dr Andrew Niikondo, Deputy Vice-Chancellor: Academic Affairs, and Kenneth Matomola, NAMFISA Chief Executive Officer.The Agreement was signed under the aegis of the Work Integrated Learning (WIL) programme, an internship module that is compulsory for all third-year students at the University, in preparation for future jobs in the financial sector. NAMFISA will mainly accommodate students from the Faculty of Management Sciences. “Students who take full advantage of internships are able to get first-hand experience of the adaptability and creativity skills required in today’s world,” remarked Kenneth Matomola, the NAMFISA Chief Executive Officer. Deputy Vice-Chancellor Academic Affairs, Dr Andrew Niikondo, reiterated the commitment of the University to aligning its educational goals, research objectives, training strategies, programmes and services to best global practices and standards. “I urge the implementers of this Agreement to work together and to promote authentic learning experiences that will sufficiently equip students for the workplace,” he said. Through the Cooperative Education Unit (CEU), the University has formed WIL partnerships with more than 100 companies in various sectors to accommodate students from the Institution’s six faculties.