SYDNEY, Feb. 6, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced the University of Technology, Sydney (UTS), is the first Australian university to join the NetSuite SuiteAcademy program, an educational program designed to bring cloud-based business management solutions to university classrooms worldwide. The UTS Business School plans to incorporate NetSuite cloud ERP, including supply chain and accounting functionality, into the postgraduate degree curricula in 2013 for students pursuing MBA and Master of Business in Operations and Supply Chain Management degrees. "UTS is in the process of reinventing business education," said Professor Roy Green, Dean of UTS Business School. "We're shifting away from the traditional approach of pushing students down specialist career paths, to creating graduates capable of boundary-crossing beyond specialisations – which is what's required of today's business leaders." Driven by the growing global demand for teaching NetSuite cloud solutions in tertiary education programs, "SuiteAcademy" 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 the NetSuite cloud into UTS Business School's MBA Program curriculum is part of this transformation. It provides postgraduate students and teaching staff with practical IT skills aligned to the global shift towards cloud computing. It can also offer experience across core disciplines built into NetSuite's single business management suite, including ERP, accounting and supply chain management. "Our partnership with NetSuite is about producing work-ready graduates for a market rapidly embracing cloud computing. Given cloud software automates many traditional professional functions, our graduates need to be lateral thinkers capable of adding value to organisations in new ways," added Professor Green.