Tag: Thammasat University

Faculty of Commerce and Accountancy, Thammasat University focuses on producing quality educational personnel with the latest global recognition through the accreditation of international education standards from the world’s leading institutes of business administration, EQUIS (2012 – 2024) from the European Union for the third time and AMBA (2018 – 2024) from United Kingdom for the second time.

Prof. Dr. Ruth Banomyong, Dean of the Faculty of Commerce and Accountancy, Thammasat University revealed that the Faculty of Commerce and Accountancy focuses on maintaining education accreditation standards in order to produce excellent quality personnel for the business sector and the Thai labor market, and utilize knowledge and competence to further develop Thailand in the future. The Faculty of Commerce and Accountancy is very proud as it has been fully accredited for international education standards from 2 major world’s business administration institutes, EQUIS (EFMD Quality Improvement System) from the European Union and AMBA (Association of MBAs) from the United Kingdom with different and comprehensive educational quality assessment criteria in all aspects of leading educational standards. By which each institute has a quality assessment that has very strict rules.

The details are as follows:

1. EQUIS (European Quality Improvement System): The Faculty of Commerce was accredited in 2012 onwards, an accreditation under the international non-profit organization European Foundation for Management Development (EFMD) is the organization that provides business administration education standards for Business Schools and Business School Programmes, Corporate Universities and Online Courses both at the higher education level, Graduate Studies, Program for Executives. It also certifies the various academic activities of the Faculty, including research and academic collaborations.

2. AMBA (Association of MBAs): The Faculty of Commerce was accredited in 2018 onwards. AMBA is the UK’s international quality accreditation body for graduate business administration programs, the AMBA has been instrumental in setting the criteria for managing graduate studies and is committed to raising international standards and quality for the benefit of the Institute of Business Administration students and alumni as well as employers.

Thai Khadi Research Institute, Thammasat University studies and researches on ‘King Narai Medicine Pharmacopoeia’, decoding and updating to be present. Currently, up to 4 formula were successfully completed.

Assoc. Prof. Roj Khunanaek, Vice Rector for Student Affairs, Thammasat University and Former Director of the Thai Khadi Research Institute. As a pioneer educator of the “King Narai’s Medicine Pharmacopoeia” revealed that from the study of medical palm leaf scriptures in the reign of King Narai the Great that have been passed down from generations known by the name of “Phra Narai’s Medicine Pharmacopoeia”, which is over 300 years old of the Thai Khadi Studies Institute, Thammasat University is found to compose good properties medicinal formulas and are very useful.

However, being an ancient medicinal formula, people today may have misunderstandings or misinterpreation. Thai Khadi Research Institute, Thammasat University therefore, has been systematically studying and researching the wisdom of traditional Thai herbal medicine since 2009 with the aim of reviving the medicine according to the King Narai’s Medicine Pharmacopoeia to be accurate, easy to understand and present.

Thai Khadi Research Institute, Thammasat University has been able to restore 4 formula of the King Narai’s Medicine Pharmacopoeia, namely, Herbal tonic (Ya-Tha-Phra-Sen), Herbal compress (Phra-Aung-Kob-Phra-Sen-Tueng-Hai-Yon), Mahajak oil (Nam-Mun-Ma-Ha-Jak) and Herbal tonic pills (Ya-Hom-Dum). Thai Khadi Research Institute has also published the book “Inheriting wisdom, the King Narai’s Medicine Pharmacopoeia” that portrays the details of the aforementioned four medicinal preparations for those who are interested as well.

Assoc. Prof. Rungrawee Temsirirekkul, Faculty of Pharmacy, Thammasat University mentioned about the properties of the 4 medicinal formulas, namely: 1. Herbal tonic, which is used for applying to adjust displaced tendons, cure paralysis, cure tendon tightness, cure cramps, cure osteoarthritis or pain, swelling, redness, hotness in the knee and ankle joints, and aches.

2. Herbal compress, having properties to loosen and relax stiff tendons, relieve stress and promote deep sleep.

3. Mahajak oil, having properties from the specific properties of each type of herbs. Thus, it was assumed that Mahachak oil might be effective in reducing pain due to its anti-inflammatory effect and can also heal wounds from antibacterial effect, anti-inflammatory effect, and accelerate wound healing.

4. Herbal tonic pills, relieves fever along with thirst, headache, and arthritis which are symptoms of the common cold or influenza.

Faculty of Engineering, Thammasat University led by Asst. Prof. Dr. Prachaya Prempraneerat and the Faculty of Allied Health Sciences, Thammasat University, led by Assoc. Prof. Dr. Worada Samosornsook, has collaborated to invent the ‘Smart Handy’ innovation, a UVC disinfection tunnel that can kill up to 99% of viruses and bacteria on various materials in 18 seconds to help reduce the current epidemic of coronavirus disease 2019.

Asst. Prof. Dr. Prachaya Prempraneerat, Faculty of Engineering, Thammasat University revealed that behind the development of this innovation was an experiment with UVC radiation with a wavelength of 253.7 nm which is found to destroy the DNA and RNA of small organisms, making them unable to reproduce nor cause more disease. This equates to a high potential to destroy pathogens’ DNA and RNA and therefore kill the pathogens. Importantly, the concentration of UVC can kill viruses and bacteria as well. Then selected high quality equipment from leading manufacturers that does not cause substances that destroy the Earth’s ozone layer which is the cause of global warming.

Assoc. Prof. Dr. Worada Samosornsook, Faculty of Allied Health Sciences, Thammasat University said that as an expert in microbiology, from the research, the result has shown that ‘Smart Handy’ is capable of killing Bacillus Atrophaeus, a spore-forming organism. Hence, it can be used to kill viruses and bacteria as well, and it is effective in stopping up to 10,000 cells and has been tested by instilling Bacillus atrophia on various surfaces such as leather bags, luggages, plastic materials, parcel boxes, etc., and then go through the disinfection process with the ‘Smart Handy’ automatic disinfection tunnel. It was found that within 15 seconds, it can kill 95% of germs. If the disinfection process time is extended to 18 seconds, it was found that it can kill up to 99% of germs attached to objects. Therefore, this innovation can help stop the epidemic of the viruses and bacteria, protecting people’s health and well-being, and increasing confidence for the people to be living in an era where pathogens are rapidly evolving species, including those associated with emerging diseases.

‘Smart Handy’, an automatic disinfection tunnel has registered a patent from the Department of Intellectual Property. In addition, it has already been installed for testing at the Suvarnabhumi International Airport office building, Airports of Thailand Public Company Limited or AOT.

For the first time in Thailand’s history, Thammasat Business School (TBS), Thammasat University has signed a Memorandum of Understanding (MOU) with eight other leading Thai business schools to enable the building of a business school network in Thailand (Business School Network of Thailand: BSNT).

This historical event, which took place at Thammasat University Tha Prachan Campus on 4th April 2022, consisted of 9 representatives from 9 leading Thai business schools coming together to show their solidarity in working together to shape and form the future of business management education in Thailand.

The main goals of the BSNT are to promote academic and research activities, to exchange knowledge and expertise among its members, to enhance the competence of Thai business schools, and to develop world-class academic personnel in Thailand, facilitating the development of the Thai economy in the future.

Since its inception in 2020, Professor Ruth Banomyong, Ph.D., Dean of Thammasat Business School has worked diligently for almost 18 months to initiate and coordinate the MOU ceremony for the nine members of the BSNT, which include: 1. Chulalongkorn Business School, Chulalongkorn University; 2. CMU Business School, Chiang Mai University; 3. Kasetsart Business School, Kasetsart University; 4. Khon Kaen Business School, Khon Kaen University; 5. Faculty of Management Sciences, Prince of Songkla University; 6. Faculty of Management and Tourism, Burapha University; 7. National Institute of Development Administration (NIDA); 8. Sasin School of Management, Chulalongkorn University; and 9. Thammasat Business School, Thammasat University.

One of the main goals of the BSNT collaboration is to develop and certify national accreditation standards for business management education, which will be discussed in more detail throughout the course of 2022.

After the MOU signing is completed, members will continue to work together on academic collaboration, academic activities, sharing experiences, and developing expertise in various business related fields to enhance the competence of business schools in Thailand.

A breakdown of the details of the MOU agreement are as follows:

– Academic activities: teaching and learning, faculty development, staff and student exchange, and sharing of best practices between member schools.

– Academic research networking: collaborations between BSNT faculty members on common research interests

– Academic seminars: knowledge sharing and pooled resources (e.g., faculty and staff)

– Community service: organizing free training or seminars for the general public and the provision of academic mentors from member institutions according to each school’s field of expertise. In addition, each school will take turns in hosting annual BNST meetings. This may consist of visits to each school in various regions or the schools from surrounding provinces attending or organizing activities in Bangkok.

Prof. Dr. Ruth also added that this is to improve and advance the potential of Thai business education and build a strong foundation for creating skilled and academically orientated personnel that can help lead in the development of the Thai economy in the future.

In addition, the BSNT network aims to initiate an important turning point in the history of the Thai educational system from a classic model (focused more on competition) to one more focused on networking in education. This cooperation and mutual support will strengthen the capability of all member institutions. Faculty members from the BSNT now have an opportunity to exchange knowledge, ideas, and perspectives to teach students.

As for the students, which make up a key part of each school, they will have a broader vision from learning exchanges with faculty and students from other schools. Students will be equipped with various professional skills and be able to apply and adjust their own knowledge to work and be ready for driving the labor market.

“For the future direction, there may be an agreement with other schools. I think that networking will be beneficial for the Thai education system. All the business schools in the country have great potential and play a role in Thai education. If we bring the expertise and strengths of each school and work together, it will definitely have a positive effect on the Thai education system”, Prof. Dr. Ruth concluded.

Thammasat University in collaboration with the Stock Exchange of Thailand and SkillLane Education Company Limited has launched the “Thammasat Digital Skill Space” project which is a development of a comprehensive investment learning course.

Students will obtain a deep understanding of the capital market ecosystem and be trained in sustainable investment skills amid the changing and uncertainty of the future world. This project will provide opportunities for Thammasat students to learn, collect and transfer credits or can be counted as elective courses or free elective courses according to the course requirements. In the future, there will be opportunities for students of all institutions, high school students as well as those who are interested in to attend.

Assoc. Prof. Gasinee Witoonchart, Rector of Thammasat University, said that the rapid and drastic changes in the modern world have caused the role of universities and educational institutions to change accordingly.

The World Economic Forum predicts that within the next 5 years around the world, as many as 85 million jobs will be lost, while 97 million new jobs will be occured. However, there will be a lot of unemployed persons, while many jobs will not be done by anyone. As these people do not have the skills to do new jobs, universities or educational institutions therefore need to rethink on how to respond to this question raised.

Assoc. Prof. Dr. Phipop Udon, Vice Rector for Academic Affairs, Thammasat University said that within the Thammasat Digital Skill Space project, there will be an intensive development of investment learning courses, starting from an online course of the Stock Exchange of Thailand (SET e-Learning) that provides knowledge from basic to advanced knowledge such as financial planning, investment in stocks, derivatives, mutual funds, bonds, etc.

Thammasat University as a leading educational institution with outstanding business school accredited by three global accreditation institutions in business administration (Triple Crown) will redesign such knowledge set into “courses” that are in line with today’s changes, while SkillLane as an online education experts will join forces to develop a platform that makes learning accessible to everyone.

Dr.Pakorn Pitathawatchai, Director and Manager, the Stock Exchange of Thailand said that the Stock Exchange of Thailand aims to develop the capital market to benefit all sectors. One of the key missions that has been carried out continuously is to promote financial literacy, especially among students. The Stock Exchange of Thailand has continuously worked with universities to disseminate knowledge with body of knowledge and media that the Stock Exchange of Thailand has developed which can be used as a tool for further development of courses systematically in the university.

Mr. Thitipong Phisitwuthinan, Chief Executive Officer and Co-Founder of SkillLane said, “In the present, technology has made it easier, faster and better for people to learn, which is in line with today’s behavior. From our direct experience in developing online learning platform for many leading organizations, including having previously collaborated with Thammasat University in TUXSA Project, an online master’s degree programs that has been successfully operated. This has proven that our technology provides people with unrestricted access to quality education in terms of time and place.”

However, the courses that will be offered online are: 1. TU201: Financial Literacy for Individuals 2. TU202: Complete Investment and 3. TU: 301: Investment in the Stock Market

Thammasat University has launched “88 SANDBOX: The Next Unicorn Platform”, a center for entrepreneurial skills learning of the future with a network of 88 Sandbox Partners as sponsors and will contribute as “Mentor” to spark the fire of dreams and pass on success to create the next “unicorn”.

Assoc. Prof. Gasinee Witoonchart, Rector of Thammasat University, revealed that TU, as a university for the people has the intention to foster Thai startups to the world level using the potential and abilities that the university in collaboration with the 88 SANDBOX project to advance and transform creativity into value and sustainable business.

Assoc. Prof. Dr. Pipop Udon, Vice President for Academic Affairs, TU, said that 88 SANDBOX will be a platform for everyone, regardless of gender, age, education or ethnicity to visit and build the skills that are suitable and necessary for building a startup. This is to prepare ordinary people to become entrepreneurs.

Ms. Jiraporn Khaosawat, Executive Chairman of PTT Oil and Retail Public Company Limited or PTTOR said that at this time the world is changing in every dimension. We all need to keep up with the world and that the most important thing is to bring the digital world and the physical world together. This is an open opportunity for Thai startups as emerging technology means the emergence of new opportunities to develop and upgrade the Thai economy in the future

Ruangrote Poonphon or Krating, who has been designated as The Godfather of Thai Startup, one of Silicon Valley’s co-workers, said Southeast Asia is currently spawning a large number of unicorn-level startups whether in Singapore or Indonesia, therefore 10 years from now , it will be regarded as the best time to start a startup business.

For 88 SANDBOX: The Next Unicorn Platform is a project that combines education of the future with the science of business administration that keeps pace with changes.

It will be conducted through 5 important activities, namely:

1. Skill Space, develop entrepreneurial skills through the Learning Platform and create an idea marketplace
2. Expo, the largest startup exhibition. This will be a space for creative people to meet and gather.
3. Pre-Hackathon, startups will be closely monitored and mentored by business mentors to develop their skills, ideas and work methods.
4. Hackathon, a platform where startups compete in projects. And those who are selected will receive investment funding.
5. Forest of Unicorn, provides startups with privileges and a rich growth environment and will enable all startups to fully enter the business world.

In addition, you can update more information and news on the 88 SANDBOX project website at https://www.facebook.com/88Sandbox

On March 8, 2022, Thammasat University takes pride in co-hosting the International Women’s Day event with the Embassy of Israel in Thailand to hold a keynote speech under the theme “Gender equality today for a sustainable tomorrow: Global Gender Equality Challenge” – calling for climate action for women, by women.

On this occasion, Ms. Orna Sagiv, Israel’s ambassador to Thailand, Miss Anchilee Scott-Kemmis, Miss Universe Thailand 2021, and Ms. Nitcharee Pen-eakchanasak, a Thammasat University alumna, all spoke at the event, highlighting the importance of advocating women’s rights.

The event was graced and officially opened by Her Excellency Ms. Orna Sagiv, Israel’s ambassador to Thailand. She pointed out that, in the world we are living in, it takes a lot of effort to prove that a woman has equal capabilities as a man. This is the myth that prevents us from breaking gender barriers.

Apart from that, she also gave her testimony of her journey to success to prove that “Women Can Do It.” At the tender age of 18, she said, she embarked on a journey of becoming a soldier resulting in her present rise in the social ladder as a woman.

As fate would have it, Ambassador Sagiv became one of the few women in the diplomatic mission where she distinguished herself and demystified the myth that women can’t hold positions ‘meant’ for men.

Miss Anchilee Scott-Kemmis, Miss Universe Thailand 2021, spoke at the same event and encouraged women to achieve their goals with their heads high while ignoring societal stereotypes about women. She also highlighted that beauty is not the only definition of what it means to be a woman; confidence and belief in oneself can make a successful woman. The smiling beauty who is representing Thailand did indeed inspire young girls.

Finally, Thammasat University alumna Ms. Nitcharee Pen-eakchanasak shared her successful testimony of how disability is never an inability. She showcased her ability to live a normal life by swimming, competing in marathons, and winning medals.

In her own words, Ms. Pen-eakchanasak said she never cries when she talks about her tragedy of losing both legs in a train accident. She agreed to have her legs amputated because she believed the pain would go away. Despite the misfortune, she has become a highly successful motivational speaker and the founder of a non-profit organization.

The Rector of Thammasat University, Assoc. Prof. Gasinee Witoonchart, successfully concluded the event. She elaborated on how equality is the most fundamental human right and how it relates to SDG 5, which is to achieve gender equality and empower all women and girls.

“Every individual is born with it, no matter your race, nationality, appearance, religion, and, of course, gender. We have to RECOGNIZE and RESPECT this human right of equality for all.”

Secondly, she discussed how women had been treated unfairly and unequally throughout history. However, the world has progressed from the old mindset, and we now live in a world of DIVERSITY, in which gender is no longer viewed as a dichotomy, or as only male and female.

In her speech, she also emphasized how the world has to recognize and respect more than a dozen of sexual orientations, including LGBTTQQIAAP and possibly others. Gender is fluid. The rector concluded that diversity is the foundation of global prosperity today and in the future – “We can only move forward in peace if we embrace diversity. And diversity undoubtedly includes gender and sexuality differences. In summary, I would like to leave you with two R: RECOGNIZE and RESPECT,”

The seminar ended with a question-and-answer session, during which the speakers demonstrated their commitment to gender equity through their responses. Nonetheless, it is up to us as a society to continue to push this matter forward – so that our society can be truly equal for all people of all genders.