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Far Eastern University Takes Higher Education To The Cloud With NetSuite

Stocks in this article: N

MAKATI CITY, Philippines and SAN MATEO, Calif., June 27, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Far Eastern University (FEU), with 29,000 students on campuses in Manila and Makati City, Philippines, has joined the NetSuite SuiteAcademy program, an educational program designed to bring cloud-based business management solutions to university classrooms worldwide. The FEU Institute of Accounts, Business and Finance (IABF) incorporated NetSuite cloud ERP, including accounting and auditing functionality, into the undergraduate degree curricula in the summer 2013 for third- and fourth-year students pursuing business degrees. The program gives the FEU IABF new flexibility for anywhere/anytime learning over the web that liberates students and faculty from the need to access on-premise software in classrooms and labs, and broadens education beyond campus boundaries to the home, while traveling, from a coffee shop and more.

"We see the cloud as the future of software. Introducing cloud-based business instruction through NetSuite SuiteAcademy can enable us to give students highly sought-after skills that today's employers covet as more companies migrate to NetSuite cloud business management," said Celito C. Macachor, Dean, FEU IABF. "Being in the cloud, NetSuite makes anytime/anywhere learning and education possible for both our students and faculty."

Driven by the growing global demand for teaching NetSuite cloud solutions in tertiary education programs, the SuiteAcademy program puts NetSuite software and academic-developed curriculum in the hands of students, giving the next generation of business leaders a competitive advantage by having worked with one of the world's fastest growing financial management solutions and the recent winner of Frost & Sullivan's Asia Pacific's Cloud ERP Vendor of the Year for 2012 award for cloud leadership excellence, exemplary performance and growth.

Building NetSuite into FEU IABF curricula is part of the transformation to provide future business leaders with real world cloud software experience, providing students and teaching staff with practical IT skills that are aligned to the global shift towards cloud computing. The curriculum is also expected to offer experience across core disciplines built into NetSuite's single business management suite, including ERP, accounting, supply chain management and Ecommerce.

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