During the next four months, NetSuite plans to work closely with the UTS Business School to prepare curricula for next year's MBA intake. This will focus on providing students with practical, hands-on experience with NetSuite's modules, as well as a better understanding of how it supports process flows and revenue cycles throughout an entire organisation.
While planning to open the SuiteAcademy program to other Australian and New Zealand universities in 2013, NetSuite selected UTS Business School as the first in this region on the strength of its application of theoretical concepts to real-world cases and situations. The business school ranked in the top 100 in the 2011 QS World University Rankings for economics, accounting and finance. It was also awarded five stars in the QS Stars system, which recognises excellence in higher education. The school also maintains close ties with business leaders to ensure graduates are ready to meet the needs of businesses today and into the future.
"As the demand for cloud-based business management solutions has rapidly accelerated, business students must be ready to hit the ground running with a practical understanding of cloud computing and how it is increasingly becoming an integral component of everyday business practices," said Mark Troselj, managing director for APAC for NetSuite. "UTS is listening to the market as it shifts towards graduating students with the practical cloud computing experience the workforce requires."
NetSuite has been working with universities to introduce cloud computing into the curricula since 2009. Since officially launching SuiteAcademy in 2011, the program has grown 83 percent, with more than 100 tertiary institutions around the world now teaching NetSuite. The NetSuite cloud business solution is predominantly introduced in the third and fourth year of degree, and MBA programs, meaning that the next generation of managers, entrepreneurs, and business professionals can come to the job market with a stronger understanding of business operations and a clear understanding of the power of cloud computing. For more information about SuiteAcademy, please visit http://www.netsuite.com/suiteacademy.Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade outdated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated in a recent Gartner study naming NetSuite as the fastest growing top ten financial management systems vendor in the world. NetSuite has continued its success in delivering the best cloud financials/ERP suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of cloud is accelerating.