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CUHK MBA Blogs and Updates

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Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
Quality Entertainment Knows No Boundaries  [#permalink]

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New post 10 Oct 2019, 00:01
FROM CUHK: Quality Entertainment Knows No Boundaries
Lovinia Chiu (EMBA 2013), affectionately known as LuLu, is the Chairman and CEO of Medialink Group Limited with more than 30 years of experience in content distribution and brand licensing. She entered the industry after graduating from university and founded her own company six years later. She introduced popular TV classics such as Dae Jang Geum, Meteor Garden, and Fullmetal Alchemist to Hong Kong. After completing the CUHK EMBA programme in 2013, she set her eyes on an IPO for Medialink. The goal was finally achieved when the company successfully went public this year.

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LuLu (left) attends a television festival overseas to explore quality programmes in the 1980s

A Natural-born Saleswoman with a Good Eye for Business
LuLu comes from a humble background. She could not remember ever going to a restaurant with her father growing up because he was always working to make money to send his children to private schools for better education. Unfortunately, her father died in a car accident when she was still in secondary school, forcing her to get a part-time job to pay for her tuition.

After graduation from university, LuLu joined a media content distributor as a sales executive. Her skeptical coworkers wondered if this fresh-faced new graduate could even last three months. She proved them wrong by staying for five years, during which she was promoted to Director of Sales and Acquisition. LuLu has an outgoing personality and a strong passion for her work, as if she was born to work in sales. “I like meeting people, and I love bringing joy to people through high quality programmes even more!’

LuLu did not actually watch a lot of TV when she was a student, but she had a good eye in spotting hit shows. She was applauded for discovering many quality shows when she first attended a television festival in US. She selected a number of American and Canadian TV series and variety shows and distributed them to the Philippines and Thailand. Programmes such as Cirque du Soleil and The Three Tenors in Concert were instant hits in those markets.

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LuLu founded her own company Medialink in 1994

Hard Work is Key for Entrepreneurs
LuLu was later recruited by Star TV as Sales Manager, but the company was soon acquired by a multinational corporation, and she was reassigned to complete a due diligence survey, which she found dull and unbearable. It prompted her to start her own business with just over HK$100,000 in the bank. In 1994, she co-founded Medialink with her younger sister. The Chinese name of Medialink(羚邦集團)means “an antelope galloping to the other side of the world.” The idea really came true, and her job has taken her all over the world – she has been to Cannes at least 70 times for MIPCOM.

To avoid competing with her former employer, LuLu stayed away from the American and Canadian markets but turned to Japanese anime, Korean dramas and Taiwanese dramas for upstream sourcing. For downstream distribution, she turned the focus on the familiar Southeast Asian markets and actively explored the mainland Chinese market. One can only imagine how challenging it was for a twenty-something-year-old woman to start a business with such limited capital. “The first year was the hardest. Not one Japanese production company trusted us, but we kept knocking on their doors. It wasn’t until the fifth year when a company finally sold us our first anime.”

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LuLu graduated with an EMBA in 2013. Here she rejoices with her classmates at the graduation (front row, middle)

LuLu says a distributor cannot only focus on maximising its margin. It must create value for both the company and business partners. This includes providing a practical and transparent market information and applying knowledge and experience to identifying the right product for each market, creating a triple-win situation. “In 2003, we managed to convince a Filipino TV station which had never bought any Asian dramas to give the Taiwanese drama Meteor Garden a go. It pulled in a record-breaking 42 rating points and the ad revenue soared for the station. Within the next three months, we sold 60 Taiwanese dramas to the Philippines. Everyone involved in the upstream, midstream and downstream processes were happy.”

Enrolling in the EMBA and Fulfilling an IPO Dream
LuLu is grateful for a life coach who once told her that when a company gets bigger, the owner can no longer play the role of just a salesperson. She decided to continue her education and applied for the CUHK EMBA programme in 2011. She says the experience has benefited her tremendously. “For one, sales theories such as ‘Left-Right Circles’ and ‘Awareness, Understanding, Happiness, Action, and Habit’ are still useful to this day. For another, I’m very grateful to be part of the CUHK alumni network. I even played cupid to link up a male and female classmate and became best friends with both. Thirdly, I gained a deeper understanding of IPO from our investment class, which helped me formulate my goal of getting my company go public.”

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When Medialink went public in May, LuLu’s EMBA classmates cheered for her at the HKEx

After a few years of preparation, Medialink was finally listed on the main board of HKEx in May this year. The path was bumpy and stressful for LuLu, causing her many sleepless nights and weight loss. However, the hardships did not waver her determination and beliefs in doing the right thing by the book.

Be Strong and Resilient Like a Red Cotton Tree
LuLu and Medialink have celebrated countless accomplishments along the way: Being the biggest Japanese anime distributor in China by revenue in 2017; for the first time ever co-investing and being on the production committee of Japanese anime Seisen Cerberus; successfully entering the in-flight entertainment content business; and partnering with TVB to introduce Medialink’s very own Ani-One streaming service on myTV Super.

Although the company is now public, LuLu thinks Medialink is still at its infancy stage in the capital market with a long way to go. Looking ahead, besides growing stronger along with her business partners, she wants more young people to enter the IP commercialisation business so that they can help grow local brands and export mainland products overseas.

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LuLu (5th from left) attends the second anniversary celebration of Ani-One, Medialink’s own product, at ACGHK 2018

LuLu recalls her childhood home being surrounded by red cotton trees. She has always liked them for their upright and upward quality. It reminds one of the lyrics of a Roman Tam’s classic. “Hero of a tree. Keep going upward. A righteousness unique to red cotton trees…”

This article first appeared in CUHK Business School Alumni Portal, republished with permission from Alumni and Corporate Affairs Office, CUHK Business School.

The post Quality Entertainment Knows No Boundaries appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

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Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
Sustaining Its Success in Dialogue with Women Chief Executives and Men  [#permalink]

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New post 10 Oct 2019, 00:01
FROM CUHK: Sustaining Its Success in Dialogue with Women Chief Executives and Mentorship Programme 2019-20
Running into its second year, the programme theme of this year is “sustained success”. It continues to promote equal opportunity and to empower female professionals at the workplace. Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance first introduced the new initiatives of the dialogue and emphasized the importance of talent diversity in making successful teams. Ms. Ivy Au Yeung, Former CEO Hong Kong, ANZ and the convener of the group of Women Chief Executives said, “Through our advocacy, we hope to help women unleash their full potential and ultimately move up the career ladder by strengthening awareness, education, and enablement.”

During the first dialogue, Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing of CUHK Business School served as the moderator of the panel session. He invited three women chief executives to speak on this year’s theme. They included Ms. Christine Ip, Managing Director and Chief Executive Officer (Greater China), United Overseas Bank Limited; Mrs. Ann Kung, Deputy Chief Executive Officer, Bank of China (Hong Kong) Limited; and Ms. Maaike Steinebach, General Manager, Visa (Hong Kong and Macau).

The panel shared how their upbringing and failures inspired success and gave their own definitions of success. Ann finds success to be able to do what one likes and is passionate about. She hoped students could identify their areas of improvements and stay positive. Christine’s version of success means making everyone see their importance in life and being a blessing to others. She advised students to practise discipline to get what they want. Considering finding a role in life that one enjoys successful, Maaike encouraged students to follow their hearts and make their own path.

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Since its inauguration in 2018, over 1,000 secondary school students, teachers and principals, as well as female chief executives and professionals participated in the dialogue series. It will provide students with first-hand insights from senior executives through sharing, mentoring and coaching. The thought-leadership platform is supported by the Women Chief Executives group and 14 leading local and international financial services institutions, namely ANZ, Asia Insurance, Bank of China (Hong Kong), Bank of Montreal, BNY Mellon, Citi, HSBC, ICBC (Asia), Mastercard, Rabobank, Standard Chartered, UBS, UOB, and Visa.

This Dialogue with Women Chief Executive series is also part of the new, mandatory credit-bearing course “Business Lecture Series” for the School’s undergraduate students. Through meeting and interacting with leaders from business industries and professions, students can stay abreast of current developments in business sectors and gain valuable industry insights. It will also nurture students with forward-looking mindsets and enhance their abilities to reflect on business issues.

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The post Sustaining Its Success in Dialogue with Women Chief Executives and Mentorship Programme 2019-20 appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________
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CUHK MBA Program, The Chinese University of Hong Kong
Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
CUHK Professional Accountancy Alumni Seize Half of the Awards at HKICP  [#permalink]

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New post 10 Oct 2019, 01:01
FROM CUHK: CUHK Professional Accountancy Alumni Seize Half of the Awards at HKICPA Qualification Programme
This year, the Professional Accountancy graduates received eight out of 16 awards of the HKICPA QP Programme. Two of them got the highest aggregate score in the four modules of the QP examination and were awarded the Institute of Chartered Accountants in England and Wales (ICAEW) Prize. It is the third consecutive session that PACC graduates brought home half of the programme awards. The awardees included:

June 2019 Session

  • Module A – Financial Reporting: Chan Yuk-chi (PACC 2018)
  • Module B – Corporate Financing: Leung Kin-chung (PACC 2019)
  • Module D – Taxation: Ko Tsz-ching, Lourdes (PACC 2019)
  • ICAEW Prize: Chan Chi-kin (PACC 2018)
December 2018 Session

  • Module A – Financial Reporting: Ngai Sau-man (PACC 2018)
  • Module C – Business Assurance: Wong Man-yim (PACC 2017)
  • Module D – Taxation: Lee Man-shan (PACC 2018)
  • ICAEW Prize: Poon Wing-ka, Stephanie (PACC 2017)
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The Director and Associate Director of PACC Programme, Dr. Edmund Wong and Mr. Eric Leung, also attended the ceremony to congratulate the alumni on their remarkable performances. Mr. Leung commented, “I have to admit that the QP examinations are challenging as they focus much on the application of concepts and integration of knowledge. We are glad to see that our graduates could professionally demonstrate the skills required by HKICPA. I hope they could further equip themselves both within and outside their professions.” Dr. Wong also added, “These outstanding results of our PACC graduates serve as a strong testimony of the excellent teaching quality of CUHK’s School of Accountancy.”

The HKICPA Qualification Programme is a comprehensive training programme that provides the knowledge and skills necessary to become a Certified Public Accountant (CPA). QP builds on an accounting degree and progresses to course work and examinations. Candidates will also participate in workshops that simulate issues they will face at work as a CPA. They will then go on to real-world experience, gained under the tutelage of a CPA, which prepares them to assume roles with greater responsibility.

The post CUHK Professional Accountancy Alumni Seize Half of the Awards at HKICPA Qualification Programme appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

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Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
Team CUHK Took Home the Championship at 2019 CUHK-LSEG Trading Competi  [#permalink]

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New post 23 Oct 2019, 20:01
FROM CUHK: Team CUHK Took Home the Championship at 2019 CUHK-LSEG Trading Competition
A total of 122 teams of over 200 undergraduate and postgraduate students were admitted to join the two-round trading competition held between 23 September and 18 October 2019. The team comprising Ms. Maria Sbarbarti (Master of Science in Finance) and Mr. Hiep Vu (Master of Science in Business Analytics) from CUHK Business School beat the rest of the contestants and emerged champion at the competition.

At each round, the participating teams had to maximise their profits through buying and selling of various securities admitted to trading on the London Stock Exchange including equities, international order book (GDRs), fixed income and ETFs. After the first round, the top five teams from each university proceeded to the final round.

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Held at CUHK Business School’s financial trading lab, the fifteen finalist teams executed an exciting 30-minute final round of trading before the top three and the special bonus prize winners were announced. All finalists were presented with award certificates.

The winning teams were:

  • First Prize: Ms. Maria Sbarbarti (MSc in Finance) and Mr. Hiep Vu (MSc in Business Analytics) from CUHK Business School
  • Second Prize: Mr. Mok Ka Ho (BBA in Finance, and in Information Systems) and Mr. Wong Wai Hung (BBA in Operations Management, and in Marketing) from HKUST
  • Third Prize: Mr. Ngok Yuen Chung (BSc in Actuarial Science) and Mr. Yan Tsz Ho (BSc in Actuarial Science) from HKU
  • Special Bonus Prize: Ms. Ko Wai Mei (BBA in Finance, and in Information Systems) and Ms. Wong Wing Lam (BBA in Finance, and in Information Systems) from HKUST
The prize for the champion team is a sponsored trip to attend an insight week at the headquarters of the London Stock Exchange, while the second prize team won an opportunity to attend the LSEG Greater China Conference in Beijing on 5 November 2019. Meanwhile, the third prize and special bonus prize teams won entry tickets to the LSEG International Investment Forum in Hong Kong.

Prof. Seen-Meng Chew, Associate Professor of Practice in Finance at the Department of Finance, and Associate Director of MBA Programmes at CUHK Business School remarked, “This is our first time partnering with LSEG to organize a large scale trading competition involving three universities, and the participation rate had been overwhelming. Through a real-life trading platform, students had a chance to apply theories they learnt from classrooms into practice. Our partnership with LSEG and other leading institutions in the industry will create tremendous opportunities for our students.”

Prof. Joseph Cheng, Chairman of the Department of Finance at CUHK Business School which sponsored the prizes, concluded, “We have invested significantly into our financial trading lab, and students had the opportunity to use resources available at the lab including Bloomberg, Reuters and Mergent Online, to perform stock research and analysis during the competition. We will continue to invest in modern infrastructure that will complement our first-class finance programmes to provide the best learning experience for our students. Congratulations again to the winning teams and I wish all participants every success in their future careers!”

The CUHK Business School would like to give its special thanks to Mr. Marcus Van Abbé, Head of Business Development APAC at LSEG, who worked tirelessly to ensure the success of this competition. We also like to express our gratitude for Ms. Charmaine Lo, CEO of Actelligent Group, and Mr. Frank Ho and Mr. Walter Cheung from Contrendian, for providing support to participants throughout the competition.

The post Team CUHK Took Home the Championship at 2019 CUHK-LSEG Trading Competition appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________
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CUHK MBA Program, The Chinese University of Hong Kong
Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
Team CUHK Takes Home the Championship at 2019 CUHK-LSEG Trading Compet  [#permalink]

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New post 24 Oct 2019, 03:01
FROM CUHK: Team CUHK Takes Home the Championship at 2019 CUHK-LSEG Trading Competition
A total of 122 teams of over 200 undergraduate and postgraduate students were admitted to join the two-round trading competition held between 23 September and 18 October 2019. The team comprising Ms. Maria Sbarbarti (Master of Science in Finance) and Mr. Hiep Vu (Master of Science in Business Analytics) from CUHK Business School beat the rest of the contestants and emerged champion at the competition.

At each round, the participating teams had to maximise their profits through buying and selling of various securities admitted to trading on the London Stock Exchange including equities, international order book (GDRs), fixed income and ETFs. After the first round, the top five teams from each university proceeded to the final round.

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Held at CUHK Business School’s financial trading lab, the fifteen finalist teams executed an exciting 30-minute final round of trading before the top three and the special bonus prize winners were announced. All finalists were presented with award certificates.

The winning teams were:

  • First Prize: Ms. Maria Sbarbarti (MSc in Finance) and Mr. Hiep Vu (MSc in Business Analytics) from CUHK Business School
  • Second Prize: Mr. Mok Ka Ho (BBA in Finance, and in Information Systems) and Mr. Wong Wai Hung (BBA in Operations Management, and in Marketing) from HKUST
  • Third Prize: Mr. Ngok Yuen Chung (BSc in Actuarial Science) and Mr. Yan Tsz Ho (BSc in Actuarial Science) from HKU
  • Special Bonus Prize: Ms. Ko Wai Mei (BBA in Finance, and in Information Systems) and Ms. Wong Wing Lam (BBA in Finance, and in Information Systems) from HKUST
The prize for the champion team is a sponsored trip to attend an insight week at the headquarters of the London Stock Exchange, while the second prize team won an opportunity to attend the LSEG Greater China Conference in Beijing on 5 November 2019. Meanwhile, the third prize and special bonus prize teams won entry tickets to the LSEG International Investment Forum in Hong Kong.

Prof. Seen-Meng Chew, Associate Professor of Practice in Finance at the Department of Finance, and Associate Director of MBA Programmes at CUHK Business School remarked, “This is our first time partnering with LSEG to organize a large scale trading competition involving three universities, and the participation rate had been overwhelming. Through a real-life trading platform, students had a chance to apply theories they learnt from classrooms into practice. Our partnership with LSEG and other leading institutions in the industry will create tremendous opportunities for our students.”

Prof. Joseph Cheng, Chairman of the Department of Finance at CUHK Business School which sponsored the prizes, concluded, “We have invested significantly into our financial trading lab, and students had the opportunity to use resources available at the lab including Bloomberg, Reuters and Mergent Online, to perform stock research and analysis during the competition. We will continue to invest in modern infrastructure that will complement our first-class finance programmes to provide the best learning experience for our students. Congratulations again to the winning teams and I wish all participants every success in their future careers!”

The CUHK Business School would like to give its special thanks to Mr. Marcus Van Abbé, Head of Business Development APAC at LSEG, who worked tirelessly to ensure the success of this competition. We also like to express our gratitude for Ms. Charmaine Lo, CEO of Actelligent Group, and Mr. Frank Ho and Mr. Walter Cheung from Contrendian, for providing support to participants throughout the competition.

The post Team CUHK Takes Home the Championship at 2019 CUHK-LSEG Trading Competition appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________
========================
CUHK MBA Program, The Chinese University of Hong Kong
Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
GBS Alumnus Arnold Chan Named Outstanding Young Person 2019  [#permalink]

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New post 28 Oct 2019, 21:01
FROM CUHK: GBS Alumnus Arnold Chan Named Outstanding Young Person 2019
Arnold Chan, Founder and CEO of Teach For Hong Kong (TFHK), is one of the eight awardees of the annual ‘Ten Outstanding Young Persons Selection 2019’ in the category of civil and social services. Themed “Ignite Passion & Reach Beyond” this year, the award gives formal recognition to young Hongkongers who strove for their dreams while keeping the original aspiration and make their reputation abroad. The judges deemed the awardees to have excelled in their professional endeavours and unselfish contributions to the community.

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Arnold (second from left) with the other outstanding young persons at the award presentation ceremony
Back in 2006, with his straight-A result in the Hong Kong Certificate of Education Examination (HKCEE), Arnold was admitted to the Global Business Studies (GBS) programme of The Chinese University of Hong Kong (CUHK) Business School. Upon graduation, he landed a million-dollar job at an investment bank. Undertaking an enviable path for many, Arnold keeps in mind his volunteering experience of visiting underprivileged children during secondary school. He wanted to pay it forward by finding a remedy to education inequality in Hong Kong. With a spark of determination, he quitted his high-paying job and later pursued an MBA degree at Harvard Business School. In the same period, he set up TFHK to broaden the horizons of grass-root students and enhance their upward mobility.

“Let down but don’t let go. Have faith and you’ll see light.”

– Arnold Chan (BBA-GBS 2010)

The non-profit organisation recruits passionate and outstanding university graduates from various academic programmes to be teaching fellows at grass-root schools for one year. On top of regular classroom teaching, the teaching fellows are responsible for the extra-curricular activities and career education of their students. Trusting that youthsare the future pillars instead of problems of the society, Arnold sees them as the possible solutions to resolving problems. When asked about his biggest achievement so far, he considers it to be empowering others. He believes success is self-defined, and encourages Hong Kong youths, “Let down but don’t let go. Have faith and you’ll see light.”

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Arnold with his team at Teach for Hong Kong
Arnold attributes his compassion for the poor to the humanistic influence from his alma mater. “The three-year GBS comprises two years in Hong Kong and one in Denmark and the US. As long as I am in Hong Kong I jumped at every chance to be engaged in extra-curricular activities. In the English Debating Team I got to know friends from various disciplines who inspired me to reflect on the role of university students in society. I realised that business is not just about making money, and that business majors do not necessarily have to pursue a career in finance. To study business is to become strategic thinkers who can tackle social problems effectively.”

Since the start of TFHK in 2015, Arnold has recruited 110 graduates as teaching fellows for Hong Kong’s underprivileged primary and secondary schools, serving over 20,000 students. He has raised over US$3 million from the government and private sector to support TFHK’s future development.

In recognition of his achievement at TFHK, Arnold was awarded the Asia 21 2016 Class of Young Leaders by Asia Society and the Hong Kong Youth Service Award 2016 by the Hong Kong Federation of Youth Groups. He was also selected as part of the Generation T List by Hong Kong Tatler in 2018 and Forbes 30 Under 30 in 2019. Learn more about Arnold’s story here.

The post GBS Alumnus Arnold Chan Named Outstanding Young Person 2019 appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

_________________
========================
CUHK MBA Program, The Chinese University of Hong Kong
Official Business School Representative
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Joined: 20 Dec 2011
Posts: 135
Prof. Kalok Chan is Ready to Pass the Baton  [#permalink]

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New post 30 Oct 2019, 01:01
FROM CUHK: Prof. Kalok Chan is Ready to Pass the Baton
Taking the reins of CUHK Business School has been no easy feat. In this fast-changing and globalised world, knowledge becomes outdated quickly, and the affairs and technologies of the day have the power to upend business practices at the drop of a hat.

“As a business school, how do we keep up with the fast-evolving economy and the business needs of multiple stakeholders, including our students, the academia and the industry? How do we navigate the institutional setting, cultures, rules and regulations of the university and Business School and be responsive and agile to the changes? These are big challenges that we have to tackle,” Prof. Chan said.

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Adding to this is the resurgence of Asia and China, which has boosted the demand for business knowledge by those looking to join the market, to go out, or to come in. Being a connector and gateway to mainland China, Hong Kong sits at the centre of the action. This gives CUHK Business School an opportunity to assert its leadership in business education in the region and for the region.

“CUHK is one of Asia’s most established universities, and we have been an active contributor to the socio-economic development of the region. It is our vision to provide a world-class business education to support the region’s growth. We need to nurture business talent for Hong Kong, offer the locals, the mainland Chinese and Asian students a top-notch business education here in Asia, help overseas students and companies learn the ways of doing business in China, and, through our quality research, contribute thought-leadership on regional matters and champion responsible and sustainable business.”

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To achieve these, we need faculty members who have strong commitments to research and teaching excellence. — Prof. Kalok Chan

Since 2015, Prof. Chan has worked with the senior leadership of CUHK Business School and hired more than 60 professoriate faculty members, doubling the professoriate faculty population. More than 60% of them have already achieved tenure track. Prof. Chan described this as crucial for the Business School’s development in the next 5 to 10 years. “Diversifying our faculty with complementing expertise is vital to enriching our curricula. It is also important when helping students develop their global perspectives and adapt to a multicultural environment.”

A vibrant faculty is also indispensable to quality research. “During the past five years, our ranking in The UTD Top 100 Business School Research Rankings has risen from the 60s to within the top 50 in the world. In Asia, we are now among the top five. Of course, transforming ideas into top-notch research is a mission of all business schools. It is important to produce research that creates impact and improves market practices. Our newly recruited young faculty members are aware of this shared goal and have the drive to achieve it.‬”

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The China Business Knowledge @ CUHK Luncheon Series is a case in point. Since offering this knowledge-sharing platform in 2017, faculty, alumni and the general public have engaged in insightful, in-person learning and sharing of our professors’ latest business research. The success of the series prompted the School to incorporate the series into alumni events and to take the series overseas. Faculty members have hosted sessions in Singapore and Shenzhen.

Teaching and research aside, the internationalisation of the School is also something close to Prof. Chan’s heart. In the face of complex business, political and social issues in the 21st century, he considers it key that university students receive a broad-based education so that they are informed about global issues, be able to derive innovative solutions, and to face the challenges ahead boldly. ‬‬

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One of the things we have managed to accomplish is our innovative dual degree programmes, which are among the first to be offered in Hong Kong. — Prof. Kalok Chan

“We have partnered with two top business schools – the UK’s Cass Business School of City, University of London, and Spain’s IE Business School, to offer business administration dual degree programmes. Students partaking in these programmes will spend two years studying at Cass or IE to expand their exposure to global business knowledge and to soak up international experiences.”

The School’s internationalisation efforts have been reflected in the uptick in international student enrolment, especially from countries along the Belt and Road. Prof. Chan believes that the cultural and knowledge exchange among local and international students will contribute to the students’ whole-person development and socially responsible mindset.

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One other accomplishment of which Prof. Chan is most proud of is the School’s corporate outreach efforts. A total of eight corporate partnerships have been formed to offer students learning opportunities beyond the classroom. By exposing students to real-world business scenarios and needs, students can hone their innovative and creative thinking, foster entrepreneurial attitudes and develop the right skills and expertise to thrive professionally. In turn, the School can ascertain that the curriculum responds to the competencies demanded by the corporate world.

In addition, the partnerships offer enterprises access to the talents and skills of our students and alumni, and to high-quality research and ground-breaking theories in a variety of academic fields. “This can create a mutually benefiting learning community and advance business innovation.”

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On a lighter note, Prof. Chan also talks about his plans moving forward as the countdown to his final stretch of Deanship begins.

“3 November is my official last day, but I will actually only be back from a business trip in the evening of 4 November. I will be taking a sabbatical to recharge. The first thing I would like to start doing and have certainly missed is to catch up and refresh my knowledge of the financial markets, to go more in-depth into the trends that have appeared over the past few years, such as FinTech, sustainable finance and the Hong Kong-China financial markets.”

“I definitely hope to continue to serve the School and our colleagues in new capacities and to pick up on my research. I have other community engagements as well. I will continue to be a bridge for the students and the School with the industry and the community; to be a platform that the younger generation can leverage for communication, collaboration and opportunities.”

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Is there any advice that Prof. Chan would like to offer to his successor and the colleagues?

“Hong Kong has a unique role to play as a part of China and as a gateway between mainland China and the international community. For the Business School, I would say we should continue to leverage this distinctive position and differentiate ourselves from other business schools. Our internationalisation efforts must also continue.”

As for his colleagues, “The world is changing very rapidly across the board. Stay updated and be innovative when working with students and other stakeholders.”

Prof. Chan added that, having served a fruitful tenure as Dean, he will miss working with his dedicated and supportive colleagues.

I #lookforward to serving in other dimensions. I hope our colleagues will continue to collaborate and support future management. — Prof. Kalok Chan

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Prof. Kalok Chan is Ready to Pass the Baton  [#permalink]

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New post 30 Oct 2019, 19:01
FROM CUHK: Prof. Kalok Chan is Ready to Pass the Baton
Taking the reins of CUHK Business School has been no easy feat. In this fast-changing and globalised world, knowledge becomes outdated quickly, and the affairs and technologies of the day have the power to upend business practices at the drop of a hat.

“As a business school, how do we keep up with the fast-evolving economy and the business needs of multiple stakeholders, including our students, the academia and the industry? How do we navigate the institutional setting, cultures, rules and regulations of the university and Business School and be responsive and agile to the changes? These are big challenges that we have to tackle,” Prof. Chan said.

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Adding to this is the resurgence of Asia and China, which has boosted the demand for business knowledge by those looking to join the market, to go out, or to come in. Being a connector and gateway to mainland China, Hong Kong sits at the centre of the action. This gives CUHK Business School an opportunity to assert its leadership in business education in the region and for the region.

“CUHK is one of Asia’s most established universities, and we have been an active contributor to the socio-economic development of the region. It is our vision to provide a world-class business education to support the region’s growth. We need to nurture business talent for Hong Kong, offer the locals, the mainland Chinese and Asian students a top-notch business education here in Asia, help overseas students and companies learn the ways of doing business in China, and, through our quality research, contribute thought-leadership on regional matters and champion responsible and sustainable business.”

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To achieve these, we need faculty members who have strong commitments to research and teaching excellence. — Prof. Kalok Chan

Since 2015, Prof. Chan has worked with the senior leadership of CUHK Business School and hired more than 60 professoriate faculty members, doubling the professoriate faculty population. More than 60% of them have already achieved tenure track. Prof. Chan described this as crucial for the Business School’s development in the next 5 to 10 years. “Diversifying our faculty with complementing expertise is vital to enriching our curricula. It is also important when helping students develop their global perspectives and adapt to a multicultural environment.”

A vibrant faculty is also indispensable to quality research. “During the past five years, our ranking in The UTD Top 100 Business School Research Rankings has risen from the 60s to within the top 50 in the world. In Asia, we are now among the top five. Of course, transforming ideas into top-notch research is a mission of all business schools. It is important to produce research that creates impact and improves market practices. Our newly recruited young faculty members are aware of this shared goal and have the drive to achieve it.‬”

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The China Business Knowledge @ CUHK Luncheon Series is a case in point. Since offering this knowledge-sharing platform in 2017, faculty, alumni and the general public have engaged in insightful, in-person learning and sharing of our professors’ latest business research. The success of the series prompted the School to incorporate the series into alumni events and to take the series overseas. Faculty members have hosted sessions in Singapore and Shenzhen.

Teaching and research aside, the internationalisation of the School is also something close to Prof. Chan’s heart. In the face of complex business, political and social issues in the 21st century, he considers it key that university students receive a broad-based education so that they are informed about global issues, be able to derive innovative solutions, and to face the challenges ahead boldly. ‬‬

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One of the things we have managed to accomplish is our innovative dual degree programmes, which are among the first to be offered in Hong Kong. — Prof. Kalok Chan

“We have partnered with two top business schools – the UK’s Cass Business School of City, University of London, and Spain’s IE Business School, to offer business administration dual degree programmes. Students partaking in these programmes will spend two years studying at Cass or IE to expand their exposure to global business knowledge and to soak up international experiences.”

The School’s internationalisation efforts have been reflected in the uptick in international student enrolment, especially from countries along the Belt and Road. Prof. Chan believes that the cultural and knowledge exchange among local and international students will contribute to the students’ whole-person development and socially responsible mindset.

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One other accomplishment of which Prof. Chan is most proud of is the School’s corporate outreach efforts. A total of eight corporate partnerships have been formed to offer students learning opportunities beyond the classroom. By exposing students to real-world business scenarios and needs, students can hone their innovative and creative thinking, foster entrepreneurial attitudes and develop the right skills and expertise to thrive professionally. In turn, the School can ascertain that the curriculum responds to the competencies demanded by the corporate world.

In addition, the partnerships offer enterprises access to the talents and skills of our students and alumni, and to high-quality research and ground-breaking theories in a variety of academic fields. “This can create a mutually benefiting learning community and advance business innovation.”

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On a lighter note, Prof. Chan also talks about his plans moving forward as the countdown to his final stretch of Deanship begins.

“3 November is my official last day, but I will actually only be back from a business trip in the evening of 4 November. I will be taking a sabbatical to recharge. The first thing I would like to start doing and have certainly missed is to catch up and refresh my knowledge of the financial markets, to go more in-depth into the trends that have appeared over the past few years, such as FinTech, sustainable finance and the Hong Kong-China financial markets.”

“I definitely hope to continue to serve the School and our colleagues in new capacities and to pick up on my research. I have other community engagements as well. I will continue to be a bridge for the students and the School with the industry and the community; to be a platform that the younger generation can leverage for communication, collaboration and opportunities.”

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Is there any advice that Prof. Chan would like to offer to his successor and the colleagues?

“Hong Kong has a unique role to play as a part of China and as a gateway between mainland China and the international community. For the Business School, I would say we should continue to leverage this distinctive position and differentiate ourselves from other business schools. Our internationalisation efforts must also continue.”

As for his colleagues, “The world is changing very rapidly across the board. Stay updated and be innovative when working with students and other stakeholders.”

Prof. Chan added that, having served a fruitful tenure as Dean, he will miss working with his dedicated and supportive colleagues.

I #lookforward to serving in other dimensions. I hope our colleagues will continue to collaborate and support future management. — Prof. Kalok Chan

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The post Prof. Kalok Chan is Ready to Pass the Baton appeared first on CUHK Business School.
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The 2nd CUHK Derivatives and Quantitative Investing Conference Explore  [#permalink]

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New post 04 Nov 2019, 04:01
FROM CUHK: The 2nd CUHK Derivatives and Quantitative Investing Conference Explores Cutting-Edge Derivatives Markets Research and Practice
The conference offered an exciting platform for researchers and practitioners from academia and industry to share cutting-edge research and practice in derivatives markets and quantitative investing. It comprised two keynote speeches and nine research presentations delivered by speakers and moderators from leading universities and business schools, as well as top asset management firms, financial service providers and government authorities in Hong Kong, Canada, Germany, and the US.

The first keynote speech was delivered by Prof. Stephen Figlewski, Professor of Finance from Stern School of Business at New York University and founding editor of Journal of Derivatives. He spoke on the topic of “Extracting Market Expectations and Risk Premia from Stock Index Options”. Prof. Robert Webb, Professor of Finance from McIntire School of Business at University of Virginia and editor of Journal of Futures Markets, gave the second keynote speech on the topic of “The Internationalisation of Futures Markets: Lessons from the Past”, examining the lessons from past attempts to internationalise futures markets and assess their implications for today.

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(From left) Prof. Jie Cao, Associate Professor of Department of Finance at CUHK Business School; Prof. Stephen Figlewski; Prof. Kalok Chan, Dean of CUHK Business School; Prof. Robert Webb
Other speakers also spoke on a wide range of topics, such as innovative trading strategies in stock market, fixed income quantitative strategies, climate risk and ESG investing, the application of machine learning in trading practice and opportunities in emerging markets. The sharing provided participants with a superb opportunity to gain insights from the research and best practices, and in turn apply them to real-world investment management and trading.

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The conference organiser, Prof. Jie Cao, Associate Professor of Department of Finance and coordinator of MPhil-PhD in Finance programme at CUHK Business School shared, “This is an exciting event for academic researchers and industry practitioners to exchange ideas in derivatives markets and the quantitative investing.” The conference co-organiser, Prof. Xintong Zhan, Assistant Professor of Department of Finance and School of Hotel and Tourism Management at CUHK Business School and added, “Hong Kong is a financial centre and CUHK Business School is taking further steps in transferring knowledge and creating social impact. We are also happy to see more uprising female experts in quantitative finance.”

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Professor Norman Chan Advises Students to Be Judgmental in Decision Ma  [#permalink]

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New post 06 Nov 2019, 04:01
FROM CUHK: Professor Norman Chan Advises Students to Be Judgmental in Decision Making
In his welcome remarks, Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance, said, “It’s our pleasure to have invited Norman to be back on campus and host this thought-provoking business lecture for us. The Business School has incorporated this lecture as part of its Integrated BBA (IBBA) programme for our undergraduate students. Through in-person sharing, I believe it would be a great opportunity for our students to interact and gain inspiration from notable business leaders in society.”

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Moderator Prof. Andy Wong, Associate Dean (Undergraduate Studies)
The topic of the talk was “It Works for Me: Life Lessons from Norman Chan”. The lecture was in a discussion format, moderated by Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing at CUHK Business School. Norman shared his rich lessons learnt back in times when he studied Philosophy and Economics at CUHK. He admitted his choice to study at CUHK was part accidental but he particularly appreciated his study journey as he managed to learn the way how to think and comprehend the logic behind theories. These values have been useful and instrumental to his career and the rest of his life.

Through Norman’s sharing, the audience knew more about how Norman set his success parameters in leading the HKMA to maintain Hong Kong’s currency stability, promote the integrity of the financial and banking system, and strengthen the city’s status as an international financial centre. Norman added that everyone should be entitled to achieve his kind of success according to his own definition. Once the goal was set right and was trying to be accomplished, the attainment of it could be a form of success.

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Distinguished Alumnus Mr. Norman Chan (Sociology, 1976), former Chief Executive of The Hong Kong Monetary Authority (HKMA)
Before the discussion ended, Norman humbly told the audience that he actually had no secret recipes of success to share. Those that had guided him well throughout his life are simply some cardinal habits. “Stay on your principles when dealing with issues, appreciate lifelong learning as you step up your career ladder, and be judgmental when making your decision,” Norman said. After all, going with an analytical mind has been Norman’s rule of thumb and is also his advice for today’s generation to stay ahead in this era of change.

After the discussion, the floor was open for questions. Students seized the golden chance to proactively interact with Norman. “I hope that each of you could have learnt something from Norman’s rich life lessons. These lessons work for him and maybe so for you. As Norman mentioned, you might battle against storms and headwinds in life but always remember preparation is the key. Opportunities will come for those who are well prepared,’” Prof. Andy Wong concluded.

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ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

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CUHK Accountancy Alumni Bring Home Top Achiever Awards in ACCA Exams  [#permalink]

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New post 07 Nov 2019, 03:01
FROM CUHK: CUHK Accountancy Alumni Bring Home Top Achiever Awards in ACCA Exams
Five alumni from BBA in Professional Accountancy (PACC), Master of Accountancy (MAcc) and Postgraduate Diploma in Professional Accountancy (PDPA) programmes demonstrated outstanding calibre with their top scores at the ACCA exams. It is particularly encouraging to find many top performers from CUHK Business School for two newly revamped papers of the Strategic Professional Exam – SBL (Strategic Business Leader) and SBR (Strategic Business Reporting). The alumni brought home the following awards of the ACCA exams:

December 2018 Session

  • Top score in Performance Management: Yeung Ho-ching (PACC 2018)
  • Top score in Advanced Performance Management: Yeung Ho-ching (PACC 2018)
  • Top score in Strategic Business Reporting: Wong Pui-wing Perveen (MAcc 2019)
March 2019 Session

  • Top Affiliate Award: Wang Yawen (PACC 2017)
  • Top score in Strategic Business Leader: Ma Yemin, Marshall (PDPA 2017)
  • Top score in Advanced Performance Management: Cheng Hong-cheuk, Harry (PACC 2019)
June 2019 Session

  • Top score in Strategic Business Reporting: Cheng Hong-cheuk, Harry (PACC 2019)
Top achievers were invited to join the ACCA Hong Kong Top Achievers Celebration Reception on 30 October. CUHK Business School faculty – Dr. Edmund Wong, Senior Lecturer of School of Accountancy and Director of PACC Programme; Mr. Eric Leung, Senior Lecturer of School of Accountancy and Associate Director of PACC Programme  and Dr. Shirley Kan, Part-time Lecturer of MAcc Programme and former Director of PACC Programme – congratulated the alumni on their outstanding achievements. Cabinet members from the Society of Accountancy, Student Union of the Chinese University of Hong Kong (CUSA) also provided support during the reception.

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ACCA is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. The ACCA Qualification rigorously tests the skills, abilities and competencies demanded of a modern-day accountant, preparing students for a rewarding career as a qualified and ethical finance professional. The qualification also examines digital skills and knowledge, with enhanced digital content across many of the exams designed to keep ACCA students ahead.

Photo courtesy of ACCA Hong Kong

The post CUHK Accountancy Alumni Bring Home Top Achiever Awards in ACCA Exams appeared first on CUHK Business School.
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Professor Norman Chan Advises Students to Practice Discernment  [#permalink]

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New post 07 Nov 2019, 03:01
FROM CUHK: Professor Norman Chan Advises Students to Practice Discernment
In his welcome remarks, Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance, said, “It’s our pleasure to have Norman back on campus and host this thought-provoking business lecture. The Business School has incorporated this lecture as part of its Integrated BBA (IBBA) programme for our undergraduate students. Through in-person sharing, I believe it is a great opportunity for our students to interact and gain inspiration from notable business leaders in society.”

Image
Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing at CUHK Business School

The topic of the talk was “It Works for Me: Life Lessons from Norman Chan”. The lecture was in a discussion format, moderated by Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing at CUHK Business School. Norman shared the rich lessons he accumulated during his studies in Philosophy and Economics at CUHK. He admitted that his choice to study at CUHK was part accidental, but no doubt came to appreciate it as he acquired the critical and analytical mindset to comprehend the logic behind theories. These learnings have been useful and instrumental to his career and beyond.

Through Norman’s sharing, the audience came to know more about how Norman set his success parameters in leading the HKMA to maintain Hong Kong’s currency stability, promote the integrity of the financial and banking system, and strengthen the city’s status as an international financial centre. Norman added that everyone should aspire to succeed according to his or her own definition. Once students set their goals and work towards accomplishing it, even the process of attaining it should be counted as a success.

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Mr. Norman Chan, former Chief Executive of HKMA and Honorary Professor of CUHK Business School

Before the discussion ended, Norman humbly told the audience that he actually had no secret recipe of success to share. The principles that had guided him well throughout his life were simply some cardinal habits. “Hold onto your principles when dealing with tough issues, appreciate lifelong learning as you ascend your career ladder, and be analytical when making decisions,” Norman said.

Prof. Wong left time for questions after the open discussion with Norman, and students seized the golden opportunity. “I hope that each of you managed to pick up something from Norman’s rich life lessons. These lessons work for him and might do so for you as well. As Norman mentioned, you might be up against storms and headwinds in life but always remember that preparation is the key. Opportunities will come for those who are well prepared,” Prof. Andy Wong concluded.

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The post Professor Norman Chan Advises Students to Practice Discernment appeared first on CUHK Business School.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors

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Faculty Members and Student Reap the Fruits of Their Hardwork  [#permalink]

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New post 07 Nov 2019, 04:01
FROM CUHK: Faculty Members and Student Reap the Fruits of Their Hardwork
Vice-Chancellor’s Exemplary Teaching Award 2018
The Vice-Chancellor’s Exemplary Teaching Award Scheme was launched in 1999 to recognise outstanding teachers. Every year, each Faculty can nominate at least one teacher with excellent teaching performance in the eyes of students, as well as other teaching staff.

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Dr. Anson Au Yeung

Senior Lecturer, Department of Finance

Co-director, Asian Business Studies Programme

“I feel honoured to be receiving the Vice-Chancellor’s Exemplary Teaching Award 2018.  I am honoured to be a team member andam thankful to CUHK Business School and the Department of Finance for all their support so that I can experiment with new forms of pedagogy and be more involved in programme administration.  I am also humbled because there are many outstanding, passionate, and creative colleagues who always motivate, inspire, and challenge me along the way.

The real rewards of teaching come from students and their achievements.  With the efforts I have put in case teaching and blended learning for several years, I am thrilled to see many of my students become more determined to study finance.  As the rapidly changing business world can quickly make course content and pedagogies obsolete, it reminds me to continually find ways to make the learning experience of my students richer and more socially relevant. This award is dedicated to my students.”

Young Researcher Award 2018
In order to recognise research accomplishments of young faculty, the University established the Young Researcher Award in 2002. One young faculty with the best research output will be nominated by the Dean of each Faculty every year.

ImageProf. Junfei Huang

Associate Professor, Department of Decision Sciences and Managerial Economics

“It is my great honour to be granted the Young Researcher Award 2018. I would like to take this opportunity to thank my colleagues, collaborators and students. Their valuable inspiration have helped me shape my research interests. I would also thank CUHK Business School and the Department of Decision Sciences and Managerial Economics for providing generous research supports over the years. The award will surely encourage me to work harder and I hope my research will continue to generate important contributions.”

Postgraduate Research Output Award 2018
To encourage quality research, the University established the Postgraduate Research Output Award in 2002. One postgraduate student per faculty will be nominated by the Dean every year.

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Dr. Hong Huang

PhD in Accountancy Programme Student

 

“It is a great honour for me to receive the Postgraduate Research Output Award 2018. I would like to take this opportunity to express my deepest gratitude to my supervisor Prof. Danqing Young, PhD programme director Prof. Zhaoyang Gu, my co-author Prof. Albert Tsang and other professors during my study at CUHK. The PhD programme in the School of Accountancy is the place to learn to appreciate the value of getting informed, to witness the variations and complexity of human nature, to challenge stereotypes by facts, and to spare no effort in pursuing truth and morality. The inspiration and valuable advice from CUHK professors have helped me to lay a solid theoretical and methodological foundation for research, to improve my papers, and to motivate further meaningful research ideas. I also would like to thank my PhD programme classmates, who have been wonderful teammates in the journey of pursuing high-quality research. Conducting meaningful research is a life-long endeavour and this Award encourages me to work harder to deliver consequential research outputs.”

The post Faculty Members and Student Reap the Fruits of Their Hardwork appeared first on CUHK Business School.
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Faculty Members and Student Reap the Fruits of Their Hardwork   [#permalink] 07 Nov 2019, 04:01

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