Economic Prediction – The Key to Business Success

Phnom Penh, Cambodia, May 24 – As the global financial crisis started to unravel in 2007, big businesses and financial institutions around the world started to fall one by one. Bears Stearn, Lehmann Brothers, AIG, Washington Mutual, and the list goes on. And while the global financial empire was burning down, one man walked out with more than $3 billion profit. John Paulson, founder and manager of a hedge-fund firm in the United States, has gained a superstar reputation by betting correctly that the U.S. housing market would crash. His paycheck in 2007 was $10 million a day.The lesson of this story: profit can be made by those who can predict the direction of the economy correctly, even in the worst times.

Uncertainty exists in the economy. Thus, investment is always exposed to risk. In order to navigate through the uncertainties and minimize investment risk, it is necessary to know in advance the direction of the economy and its subsectors.

How do we know if the economy will grow or slow down?

 

How do we know which sectors will grow in the next 1 or 2 years?

 

How do we know which information is relevant for making investmentdecision?

 

How do we know when to make investment?

The answers to these key questions are the subject of the 5-weekend course held at the University of Puthisastra (UP). The course is under the program Economics for Professionals, which was launched by UP in 2009, led by Dr. Kang Chandararot. Participants will get an exclusive kit of the leading-edge analytical tools used by the world’s leading institutions and businesses to forecast economic and sector growth and to identify profitable investment opportunities. This course will also help participants to understand and follow the hot business and economic issues presented on leading news channels such as Bloomberg, CNBC, Channel NewsAsia …

Student who wishes to study at University of Puthisastra can obtain an application formfrom the reception or download it from the University Website.

The applicants must submit the completed form along with the following documents:A copy of a provisional or permanent Upper Secondary School Certificate or Bachelor’s Degree certified by municipal authorities; or

A certified copy of an Associate Degree Certificate deemed equivalent by the Accreditation Committee of Cambodia (needs approval from UP); or

A certified copy of transcript, for recent upper secondary school graduates, deemed equivalent by municipal authorities; or An original transcript, for recent upper secondary school graduates, with a stamped photo certified by the provincial authorities, and Two 4 x 6 photos

 

Students must submit their application forms with the above mentioned documents to the Admission Office, pay the admission fee, and sit for the 90-minute entrance exam, Mathematics, Logic, and English, administered by the Admission Committee of the university. The result of the test is released between 2 to 3 working days after the testing day. To see the result, students can access to the university website or look at the announcement board of the university. Students who are accepted must confirm their acceptance with the Admission Office to enroll into their respective program (tuition will be paid at this time). Frequently Asked Questions Administrative MattersExam and Results

 

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1.1.2 Prospective Students

University of Puthisastra(UP) admits students of every nationality and background. This page contains useful information and links for students interested in learning more about how to apply for admission to UP.

How to apply? Please refer to “admission” section.

Study programs:

UP admits students to the following programs:

1. Bachelor of Economics and Business

2. Bachelor of ICT

3. Bachelor of Arts in English

4. Bachelor of Law

5. Bachelor of Rural Development and Agriculture

6. Bachelor of Health Science

 

Our prospective students are encouraged to visit and learn more about the University via our website or visit our campus.

UP accepts transfer students provided that they meet the admission standard. To ensure proper processing of applications for admission, each candidate must request the university they previously attended for an official transcript and forward it to the Admission Office. The transfer of credits will be approved only under the following conditions:

The course was completed at an institution accredited by the Accreditation Committee of Cambodia (ACC) or equivalent.

The course content must have been equivalent to that specified in the UP’s curriculum.

 

1.1.4 Deferred Students

The decision to defer a student’s application simply means that we want more time to re-evaluate his or her credentials and determine how his or her strengths and academic achievements would fit with the composition and quality of this year’s freshman applicant pool.

Basically, we need to get a complete look at this year’s applications before we make any decisions. We give each application multiple comprehensive reviews, focusing on quality of the academic preparation in high school, grades, and scores on the UP entranace test.

The student will get a final decision by early November. That decision will be: admit, deny, or waitlist. If you’re put on our waitlist, which means there could be a place for you in our next academic year class if spots open up.

 

1.1.5 Tuition and Fee

Tuition Fees can be paid as follows:

Pay per credit

Pay per year

Tuition fees must be paid at the beginning of each semester. Students who register but fail to pay their fees on time will not be allowed to attend the courses.

Scholarship students who wish to take extra courses beyond the requirement have to pay for additional credits.

Note: Students are required to pay other fees such as: registration form, permission letter, certified letter, and academic transcripts (upon graduation, students will receive one copy of their academic transcripts for free).

 

 

2.4 Library

 

Located in the center of Phnom Penh, UP has the finest facilities and modern technologies available in Cambodia. One of those facilities is the university library. With more than 6,000 items, it houses the most up-to-date books, magazines, newspapers in and outside the country.

The library is open six days per week (Monday to Saturday) from 7:00a.m to 7:00p.m except public holidays.