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The Nepal Stock Exchange (NEPSE) gained 35.55 points to close at 2,696.65 points on Tuesday.

Similarly, the sensitive index surged by 3.23 points to close at 485. 38 points.

A total of 40,371,778-unit shares of 329 companies were traded for Rs 17. 26 billion.

Meanwhile, Progressive Finance Limited (PROFL), Barun Hydropower Co. Ltd. (BARUN), SANJEN JALAVIDHYUT COMPANY LIMITED (SJCL) and Nepal Warehousing Company Limited (NWCL) were the top gainers today, with their price surging by 10. 00 percent.

Likewise, Asian Hydropower Limited was the top loser as its price fell by 10.00 percent.

At the end of the day, total market capitalization stood at Rs 4. 27 trillion.

Simrik Ventures, in collaboration with Kathmandu University (KU), has launched the Bachelor in Aviation Management (BAM) program—the first of its kind in Nepal. The BAM program is offered under the Kathmandu University School of Management (KUSOM) and is affiliated with Siddhartha Vanasthali Institute in Banepa.

During a program held in Banepa, Vice-chancellor of Kathmandu University (KU), Bhola Thapa, inaugurated the School of Aviation Management. He emphasized that KU has always prioritized youth-oriented programs and has been committed to producing human resources for industry and economic development. “Management faculty is the strength of KU,” he added.

Thapa further stated that aviation is a critical sector, making it essential to educate students and develop skilled human resources. “This program will also help connect KU with the international market, as the aviation sector is not limited to a single country.”

The BAM program combines industry experience, educational legacy, and academic excellence to provide students with comprehensive training and preparation for success in Nepal’s growing aviation industry.

The four-year undergraduate program aims to equip students with the skills and knowledge necessary to effectively manage aviation operations, airlines, and airports. The curriculum covers a wide range of topics, including aviation law and regulations, aviation safety and security, air traffic control, airport planning and management, airline operations, aviation finance and economics, aviation marketing and sales, and human resources management.

The program also offers practical training in managing aviation-related activities. Students will learn about various aspects of aviation, including technologies, equipment, and systems. The students will also learn how to handle complex situations, work under pressure, and communicate effectively with a diverse range of stakeholders.

Pushpa Ram KC, chair of Siddhartha Vanasthali Institute, said that the BAM program is not just an academic course but a visionary step towards shaping the future of the aviation industry in Nepal and beyond. “We envision Nepal becoming a hub for aviation education in Asia and beyond, contributing significantly to the socio-economic development of our country.” 

Sanjiv Udash, executive director of the BAM program, highlighted the opportunities awaiting students, including roles in airport management, airline operations management, aviation safety and security, aviation consulting, and aircraft leasing and finance. “To ensure students receive the best education and personal growth, the program offers state-of-the-art facilities, such as modern classrooms equipped with the latest technology for an enhanced learning experience, a comprehensive library with a wealth of resources for research and study, and sports and recreation facilities that encourage a healthy and balanced lifestyle.” 

He further said the program is committed to recognizing and supporting academic excellence and dedication through various scholarships and awards, including Achievers Awards for outstanding achievements and Academic Excellence Awards for celebrating academic brilliance. “Around Rs 850,000 will be the cost for the four-year program, and there are 33 seats available per year. The application form is open until Aug 23, and the entrance exam (KUUMAT) is scheduled for Aug 30.”

The program was attended by several notable figures, including Capt Rameshwar Thapa, chairperson of Simrik Ventures; Pradip Raj Pandey, former general manager of Nepal Airlines and founder and former CEO of Nepal Tourism Board; Achyut Wagle, registrar of KU; Bijay KC, dean of KUSOM; and Bijay Shrestha, vice-chair of Himalayan Airlines. Capt Thapa provided a token of love to the guests of the event.

Admission requirements 

Nepali or non-Nepali nationals with a 10+2, intermediate, or equivalent level study program of at least two years in any discipline with a minimum of 40 percent in aggregate or a CGPA of 1.6 on a scale of 4.0, and a minimum D+ grade in each subject from a university or board recognized by KU, are eligible to apply. GCE Advanced Level students must have passed a minimum of three subjects in A Level and one general paper in AS Level with similar marks/grades requirements. International Baccalaureate (IB) students must have passed a minimum of six courses (at least three courses in Higher Level) with 24 points in aggregate. CTEVT students should have a three-year diploma with 40 percent in aggregate, and CBSE students must have a minimum of 40 percent aggregate. Additionally, 10 percent of the seats are reserved for foreign students. However, all applicants must appear for and pass the KUUMAT entrance test.

Career opportunities

Airport management

• Airport Operations Manager
•  Airport Security Manager
• Airport Facilities Manager

Airline management

• Airline Operations Manager
• Revenue Management Analyst 
• Customer Service Manager

Aviation safety and security

• Aviation Safety Inspector
• Safety Manager

Aviation consulting

• Aviation Consultant
• Regulatory Affairs Specialist 

Aircraft leasing and finance

• Leasing Manager
• Finance Analyst

Air traffic management

• Air Traffic Controller
• Air Traffic Management Specialist

Government and regulatory bodies

• Aviation Policy Analyst
• Regulatory Compliance Manager

Aviation logistics

• Logistics Manager
• Supply Chain Coordinator

Aviation marketing and sales

• Marketing Manager
• Sales Manager

Aviation training and education

• Training Manager
• Aviation Instructor

The price of gold has dropped by Rs 100 per tola in the domestic market on Tuesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 146, 000 per tola today. It was traded at Rs 146, 100 per tola on Monday.

Similarly, tejabi gold is being traded at Rs 145, 300 per tola.

Meanwhile, the price of silver has dropped by Rs 10 and is being traded at Rs 1,740 per tola today.

The Nepal Stock Exchange (NEPSE) plunged by 20. 46 points to close at 2,661.09 points on Monday.

Similarly, the sensitive index dropped by 4. 68 points to close at 482. 15 points.

A total of 47,790,837-unit shares of 325 companies were traded for Rs 19. 60 billion.

Meanwhile, Nepal Finance Ltd. (NFS) was the top gainer today with its price surging by 9. 77 percent. Likewise, Aarambha Chautari Laghubitta Bittiya Sanstha Limited (ACLBSL) was the top loser with its price dropped by 8. 35 percent.

At the end of the day, the total market capitalization stood at Rs 4. 22 trillion.