Thammasat University wins award for lifelong learning

Some MBAs aspire to be captains of industry. Others strive to help their communities. The Graduate School of Business at Thammasat University has won a global award for its lifelong learning initiative that improves local people’s quality of life.
The international accreditation organizations, the Association of MBAs and the Business Graduates Association, presented Thammasat with its 2021 Silver Award for Best Lifelong Learning Initiatives for one of its “Thammasat Model” community enterprise projects.
In the “Thammasat Model,” students, communities and corporate mentors work together to improve and innovate with local enterprises. The winning project was in a community in Rayong, a province near Bangkok, but Thammasat students have worked in communities around the Kingdom.
“Thammasat helps students and graduates adapt what they’ve learned in class to develop and encourage society. The aim is to nourish every field in business and improve community life in a sustainable way,” said Ruth Banomyong, Dean of Thammasat’s Graduate School of Business.
“The main idea of the model is to foster lifelong learning and sustainability in the community. Even after students complete their projects, the community must be able to continue their business. We have sent students to help more than 170 communities so far,” Ruth said.
Third-year students and an advisor were embedded in the community to impart knowledge directly to the local enterprise. Students had to adapt to real-life situations and the specific needs of the community.
The local enterprises are usually producing unique or traditional products. They provide their own local knowledge and wisdom, and the students update their business skills to make the enterprise a success.
“Selecting us is a game-changer as what it recognizes that we are expanding opportunities not only for students but also community organizers and enterprises,” Ruth said.,
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