President
When considering business schools abroad, the Philippines emerges as a compelling choice for international students, chiefly due to its quality and affordability. Compared to other Asian nations, education costs in the Philippines are notably lower, making it an attractive option for quality education without hefty expenses. Notably, Our Lady of Fatima University (OLFU) shines with its dedication to accessible education through scholarships and financial aid. Leveraging the country's English proficiency, OLFU facilitates effective communication for international students. Its diverse faculty further diminishes language barriers, creating an inclusive learning environment conducive to academic success.
At OLFU, preparing students for modern business challenges is paramount. Its holistic business management programs blend academic rigor with practical experience, designed in collaboration with industry experts. The faculty, comprising academics and industry practitioners, enriches learning with real-world insights. Experiential learning, including internships and industry partnerships, enhances employability and fosters critical skills. With academic expertise, industry collaboration, and experiential learning, OLFU equips students to excel in today's dynamic business world.
Key Factors Driving the Popularity of Business Schools
The popularity of business schools worldwide can be attributed to several key factors. Firstly, the globalization of trade and commerce has led to a growing demand for professionals with expertise in international business. Business schools play a crucial role in meeting this demand by equipping students with the necessary skills and knowledge to thrive in a globalized economy. Secondly, business schools are known for their dynamic and practical curriculum, tailored to meet the ever-changing demands of the market. Institutions like OLFU ensure that their programs are updated regularly to reflect the latest trends and practices in the business world, ensuring that graduates are well-prepared to navigate the complexities of the modern business environment.
Furthermore, business schools offer extensive networking opportunities, allowing students to build valuable connections with industry professionals and alumni. These connections can open doors to internships, job placements, and mentorship programs, providing students with invaluable real-world experience and guidance as they embark on their careers.
Approach to Preparing Students for Modern Business Environments
OLFU takes pride in its commitment to preparing students for the challenges of modern business environments through its innovative business management education programs. “Our university's industry-relevant curriculum is developed in collaboration with local and international industry partners, ensuring that students are equipped with the latest knowledge and skills required to succeed in the business world. One of our institution’s vital strengths lies in the faculty composition, comprising both academic experts and industry practitioners. This blend of theoretical knowledge and practical experience enriches the learning experience for students, providing them with valuable insights and perspectives from both academia and the business world", says Dr. Caroline Marian S. Enriquez, the President of Our Lady of Fatima University.
Additionally, OLFU places a strong emphasis on experiential learning opportunities, such as internships, industry immersions, and research projects. These hands-on experiences allow students to apply their classroom learning in real-world settings, gaining valuable practical skills and insights that will benefit them in their future careers. Furthermore, OLFU's state-of-the-art facilities provide students with access to cutting-edge technology and resources, enhancing their learning experience and preparing them for the demands of the modern business world. From simulation rooms to industry-specific laboratories, OLFU's facilities offer students the opportunity to develop practical skills and gain valuable industry experience.
OLFU offers a diverse range of academic programs under its Business & Institutional Management, namely - Bachelor of Science in Accountancy, Bachelor of Science in Accounting Information System, Bachelor of Science
in Business Administration Majors in Banking, Marketing Management, Operations Management, Bachelor of Science in Entrepreneurship, Bachelor of Science in International Hospitality Management, Bachelor of Science in International Tourism Management and Bachelor of Science in Nutrition and Dietetics. These programs are designed to cater to the diverse needs and interests of students, providing them with the knowledge and skills required to excel in their chosen fields. Also, the university's business academic programs are accredited by reputable organizations such as the International Accreditation Council for Business Education (IACBE), the Association to Advance Collegiate Schools of Business (AACSB), and the Institute of Hospitality (IoH) ensuring that students receive a high-quality education that meets global standards of excellence.
Supporting Inclusivity & Accessibility
OLFU is committed to fostering inclusivity and accessibility in education by implementing various strategies to support students facing financial barriers or other challenges. The university offers a range of scholarship programs, financial aid options, and flexible payment plans to ensure that deserving individuals can pursue their educational goals regardless of their financial circumstances. In addition, OLFU's Student Financial Services office provides guidance and assistance to students in navigating the financial aid process, helping them access government grants, student loans, work-study programs, and tuition installment plans.
With academic expertise, industry collaboration, & experiential learning, OLFU equips students to excel in today's dynamic business world
Moreover, OLFU provides students with a range of experiential learning opportunities beyond traditional classroom settings, including internships, industry partnerships, alumni networks, and research opportunities. These experiences allow students to gain practical skills, industry insights, and valuable connections that will benefit them in their future careers. From internships with leading companies to industry immersions and research projects, OLFU's experiential learning opportunities are designed to provide students with hands-on experience and real-world exposure that will enhance their employability and entrepreneurial skills.
Distinctive Offerings & Achievements
In the face of the challenging pandemic crisis of 2021, OLFU achieved remarkable milestones, solidifying its position as a leader in higher education. Collaborating with the UP Open University (UPOU) and the Commission on Higher Education, OLFU clinched the 1st Philippine Higher Education Internationalization Award, a testament to its commitment to fostering global perspectives within its academic programs. This prestigious recognition underscores OLFU's dedication to implementing innovative, inclusive, and sustainable internationalization initiatives. Furthermore, the Business and Institutional Management Programs at OLFU received the Certificate of Specialized Accreditation from the International Accreditation Council for Business Education (IACBE), validating the excellence and quality of its business programs until April 2030. Notably, OLFU's College of Business Administration (CBA) was selected as the inaugural recipient of the IACBE Ambassador Award, further affirming its global reputation in business education. In addition to these, the Tourism and Hospitality program of the university is the First Higher Educational Institution from the Philippines to be accredited by the Institute of Hospitality.
OLFU's membership in the prestigious Association to Advance Collegiate Schools of Business (AACSB) since 2016 underscores its commitment to maintaining rigorous academic standards and global best practices in business education. Moreover, OLFU's recognition on various international platforms, such as being listed among the Global Top 101-200 Innovative Universities by the World's Universities Ranking for Innovation (WURI) in 2022 and receiving a QS Rating of 4 Stars in 2023 by Quacquarelli Symonds, highlights its dedication to providing exceptional educational experiences. As well, OLFU has been honored with the ICONS Award for its contributions to internationalization, nation-building, and sustainability, demonstrating its commitment to fostering a global outlook. Recognized as the 47th Best Employer in the Philippines in 2023, OLFU continues to provide a conducive work environment for its faculty and staff.
Through these achievements and accolades, OLFU shines as a beacon of excellence in higher education, dedicated to providing transformative educational experiences and shaping the future leaders of tomorrow.
Future Plans for Innovation & Adaptation
Looking ahead, OLFU is committed to further innovating and adapting its educational offerings to meet the evolving needs of students and the business community. The university will continue to leverage technology, industry partnerships, and experiential learning opportunities to provide students with a transformative educational experience that prepares them for success in the modern business world.
By staying true to its mission and values while embracing innovation and change, OLFU will continue to uphold its reputation as a premier institution for business education, nurturing the next generation of global business leaders and entrepreneurs.
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