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CUHK MBA Blogs and Updates

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CUHK Business School Student Named Outstanding Tertiary Student for So [#permalink] CUHK MBA Blogs and Updates   19 Oct 2023, 19:00
FROM CUHK: CUHK Business School Student Named Outstanding Tertiary Student for Social Commitment
Evelyn had her first taste of social services during the pandemic when she was in secondary school. Her volunteering experience of teaching Cantonese online for newly arrived children from the Mainland had a profound impact on her, inspiring her to continue using her abilities to contribute to those in need in the wider community.

Driven by her passion to serve, Evelyn participated in a programme organised by Innovation x Business @CUHK, a tech-business-focused platform, to develop a mobile app that aims to help elderly to expand their social network. As a secondary school student, Evelyn was fascinated by the experience to work with passionate, like-minded peers, including undergraduate students from CUHK Business School. The challenging yet meaningful experience solidified her decision to pursue her studies at CUHK Business School.

Evelyn was drawn to GBS at CUHK Business School for several reasons. The intimate class size and robust alumni network enable her to foster close relationships with classmates and seek guidance from seniors effortlessly. Besides, she values the abundant networking opportunities offered by the School, which allow her to hone her communication skills and expand her professional network.











At CUHK Business School, Evelyn cherishes the flexibility and the freedom to manage her own timetable. She actively engages in case competitions, internships, and the Cambridge Consulting Network, seizing every opportunity to broaden her horizons. Through these experiences, she has developed a systematic and strategic approach to problem-solving, gaining real-world experience that will benefit her in her future endeavours.

As a young student, Evelyn firmly believes in the value of small acts of kindness. “While we may not have the power to change the world on our own, we can certainly enhance the lives of others. Even if it’s just one single life, we are still making a meaningful difference and contributing to the creation of a better world.”

Looking ahead, Evelyn is determined to serve the community leveraging her business knowledge. “I believe that business skills and knowledge play a crucial role in leading to the success of a social enterprise. This fuels my motivation to master practical skills and widen my horizons at CUHK Business School.”



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A Dedicated and Steadfast Trailblazer Leads with Strength and Flexibil [#permalink] CUHK MBA Blogs and Updates   23 Oct 2023, 18:00
FROM CUHK: A Dedicated and Steadfast Trailblazer Leads with Strength and Flexibility
A Committed and Unwavering Industry Leader
Loretta joined Arthur Andersen (which merged with PwC in 2002 and is one of the Big Four accounting firms) since she graduated from university. She has carved out an illustrious career for herself by diligently and determinedly climbing the ranks at PwC. Loretta has helped numerous companies with their initial public offerings in Hong Kong and the United States and guided clients through substantial mergers and acquisitions. Presently, she is the Sustainability Deputy Leader of PwC Mainland China and Hong Kong, as well as a proud partner of the firm. In recent years, Loretta has been serving in various public positions. As President of the HKICPA, she actively promotes the accounting industry’s accelerating progress. She is also Treasurer and Council Member of the Hong Kong Polytechnic University, Deputy Chairman of the Mandatory Provident Fund Scheme Advisory Committee and a member of the General Committee of the Federation of Hong Kong Industries.

An outstanding student growing up, Loretta has adapted her integrity, dedication and sincerity to her professional life. She believes that women bring distinct strengths to the business world – they can approach issues with impartiality and discipline, set clear goals and successfully contend with difficult decisions. At the same time, they can handle challenging clients with a “soft touch” and tactfully resolve issues both internal and external.



Laying a Solid Foundation During University
Loretta is grateful to the CUHK Business School family for empowering her with a solid foundation. “The CUHK student standard is quite high. The school’s curriculum is crafted to help students develop and hone their knowledge. At our firm, for example, we find CUHK graduates to have a strong grasp of fundamental accounting concepts and that’s critical for their future development in the industry.”

Loretta’s journey into business studies and an enduring career in accounting was more a twist of fate than a deliberate plan. Originally, she aspired to pursue medicine, but destiny led her to business administration, a major which included accounting as a compulsory course. Even though she struggled with this new subject initially, Loretta committed herself to learning the syllabus and preparing diligently for lessons. The process allowed her to equip herself with a basic understanding of the subject and its theories, knowledge which she supplemented by seeking after-class advice from her professors. This proactive approach not only facilitated her learning, but it also helped form lifelong friendships. Loretta has maintained contact with certain professors. She also continues to connect with graduates from multiple generations through the alumni network.















Striding Forward to Propel Industry Development
Networking and relationships are critical to success in the business world. As such, Loretta has always fostered genuine, trusting relationships which are defined first and foremost by sincerity. “Clientele cannot be built overnight; if you wholeheartedly help someone and gradually establish mutual trust, these people won’t forget you. Moreover, they will come find you in times of need. Your business will thrive as a result.”



As President of HKICPA, Loretta has devoted the past two years to broadening the horizons of her profession. At the same time, she is aiming to redefine its parameters to increase competitiveness. For example, she is committed to modernising the HKICPA’s Qualification Programme examinations, updating the exam paper format to make it more convenient for aspiring non-accounting major students to pursue an accountancy career.

Loretta stressed that when it comes to industry advancement, technology is indispensable. Artificial intelligence can address the repetitive auditing processes and assist in data analysis, freeing up time for practitioners to concentrate on exercising judgements in analysing results and tend to client needs. She hopes that young people, regardless of the career they choose, can maintain their dedication, strive for self-improvement and ultimately achieve success.



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From Crisis to Collaboration: Turning Too Little Too Late into a Rally [#permalink] CUHK MBA Blogs and Updates   24 Oct 2023, 01:00
FROM CUHK: From Crisis to Collaboration: Turning ‘Too Little Too Late’ into a Rallying Call for Green, Fin, and Tech to Unite and Ensure Sustainability
Today, GoImpact, an ESG and Sustainability education and EdTech firm, once again partnered with The Chinese University of Hong Kong (CUHK) Business School for their second collaboration to release the Green Fintech Report 2023 – titled “The Intersection of Green, Fin, and Tech: A Study across 5 APEC Economies”. This comprehensive study, supported by Ant Group, builds upon the success of last year’s report and provides deeper insights into the developmental landscape of Green Fintech across five APEC economies, Hong Kong, Indonesia, Thailand, The Republic of Korea (South Korea), and Singapore.

  • Singapore – a regional hub for Green FinTech, boasts a thriving ecosystem with strong collaborations. However, concerns regarding data integrity and greenwashing remain, underscoring the importance of ongoing vigilance.
  • Hong Kong – has demonstrated significant progress in terms of government policymaker support and collaboration with corporate sectors. However, Green FinTech startups and SMEs are looking forward to an improvement in funding access and structural support.
  • South Korea – although the government is involved in developing the Green FinTech ecosystem, propelled by cross-border regulations, corporations are taking the lead in championing the green transition.
  • Indonesia – with its fertile market, showcases promise for exponential growth in Green FinTech. However, outreach and education programmes are needed to facilitate widespread adoption.
  • Thailand – while corporate engagement is currently driving the transition to renewable energy, for example, the AgroTech industry adapting to climate challenges, the government is projected to provide more requisite and systemic support.
The Need for Government Regulation in the Growth of Green FinTech

As sustainability takes center stage globally, governments in the five APEC economies are actively exploring innovative strategies such as carbon taxes and tax incentives for the GreenTech and Cleantech industries and Carbon Markets. However, the regulatory landscape in Asia faces challenges due to ambiguity, differing regulatory frameworks, and misaligned definitions and metrics.

Separately, SMEs face difficulties accessing and benefiting from green financing due to regulatory complexities and resource limitations, despite their potential for driving sustainable growth. Regulatory clarity is crucial for SMEs development, countering greenwashing, and increasing credibility and investor trust in sustainable finance. The lack of standardisation in the complex Green FinTech landscape across these markets calls for regional collaboration for standardised best practices for alignment of ecosystems.

Both the Private and Public Sectors are Eyeing Green Technologies

Client demand for sustainability, performance, transparency, and accountability is fueling a transformative shift in investments. The private and public sectors are actively exploring sustainable and green technologies, such as carbon capture, usage and storage (CCUS) and ESG risk modelling.

Separately, AI and machine learning solutions are increasingly adopted by organisations, streamlining ESG compliance, carbon management, and risk assessment. For example, leading rating agencies like Sustainalytics and Moody’s incorporate AI and machine learning into their analytical frameworks, enabling faster and more accurate analysis of large volumes of data.

Challenges Faced by Green Fintech, Particularly the Critical Shortage of Talent

Apart from the necessity for green finance advancements, the heart of Green FinTech also confronts the challenge of finding talent that can bridge financial, technology, and sustainable knowledge. Corporations already grappling with complexities like scope 3 emissions transparency and Net-Zero commitments recognise the strategic imperative of sustainability education and training.

In locations like Hong Kong, recruiting ESG experts proves challenging, underscoring the need for interdisciplinary talent development to drive sectoral progress. Currently, foreign talent is a temporary solution to bringing valuable experience and knowledge to governments and corporations. Their presence can play a guiding role in the establishment, development, and sustainability of Green FinTech ecosystems, effectively steering economies in the right direction.

To overcome these challenges and strengthen the Green FinTech ecosystem, companies should instill authentic ESG awareness beyond compliance; regulatory bodies must also collaboratively work towards establishing a regional taxonomy, standards, and policies. And finally, governments should encourage public-private partnerships and ensure the comprehensive development of sustainable talent.

Ms. Helene Li, CEO and Co-Founder of GoImpact, said, “It is very clear from the key findings in this second report that cross-sector collaboration and bridging the talent gap effectively will be crucial to advancing the Green Finance agenda. The frequency of extreme weather disasters are strong signals that we need to do more and do it faster, collectively.”

Prof. Kalok Chan, Wei Lun Professor of Finance at CUHK Business School, said, “It is our great pleasure to collaborate with GoImpact once again. This research paper continues the research from last year and focuses on how five APEC jurisdictions tackle the challenges in the green fintech ecosystem and develop decarbonisation pathways that are applicable in each of their socio-economic contexts. As one of the leading business schools in Asia, we will also continue cultivating talents with a socially responsible mindset and equipping them with the skills and knowledge to contribute for the betterment of the Green Fintech industry.”

Ms. Jennifer Tan, Executive Vice President, Strategy Development and Government Affairs, Greater Bay Area of Ant Group and Head of 10×1000 Tech for Inclusion, said, ” As a company with a long-standing commitment to developing green fintech technologies, Ant Group is proud to support this research for the second consecutive year. The exploration of green fintech not only carries academic significance but also furnishes valuable insights into addressing the common global challenges we currently confront. We hope that this independent research can offer constructive insights that will catalyze the global growth of green fintech.”



(Left to right) Dr. Edwin Mok, Lecturer of the Department of Finance and Director of the Quantitative Finance Programme at CUHK Business School and Ms. Helene Li, CEO and Co-Founder of GoImpact, present their second joint working paper “The Intersection of Green, Fin, and Tech: A Study across 5 APEC Economies”; and pose for a photo with Ms. Jennifer Tan, EVP, Strategy Development & Government Affairs, GBA of Ant Group, the corporate partner of the study.

Please find below the link to the final report:

About GoImpact

Bridging the great divide between talk and action, accelerating the Sustainable Development agenda from intention to implementation – GoImpact means impact made easy and actionable.

GoImpact is an ecosystem developed to connect the dots and provide action enablers built around 3 key pillars – GoLearn (education); GoNetwork (structured advocacy); GoInvest (deal flow platform for sustainable investments). Through its partners network with online-to-offline initiatives, GoImpact connects investors with deals relevant to their interests and provides learning opportunities to drive real change by example for everyone who is keen to understand more about the Sustainable Finance agenda.

https://www.goimpact.today/

About CUHK Business School

CUHK Business School comprises two schools – Accountancy, and Hotel and Tourism Management – and four departments – Decision Sciences and Managerial Economics, Finance, Management, and Marketing. Established in Hong Kong in 1963, it was the first business school to offer BBA, MBA and Executive MBA programmes in the region. Today, CUHK Business School offers 10 undergraduate programmes and 22 graduate programmes including MBA, EMBA, Master, MSc, MPhil, DBA and Ph.D. The School currently has over 4,600 undergraduate and postgraduate students from over 20 countries/regions.

In the Financial Times Executive MBA Ranking 2023, CUHK EMBA was ranked 23rd in the world. CUHK Business School has the largest number of business alumni (over 40,000) among universities/business schools in Hong Kong – many of whom are key business leaders.

https://www.bschool.cuhk.edu.hk 

About Ant Group

Ant Group traces its roots back to Alipay, which was established in 2004 to create trust between online sellers and buyers. Over the years, Ant Group has grown to become one of the world’s leading open Internet platforms.

Through technological innovation, we support our partners in providing inclusive, convenient digital life and digital financial services to consumers and SMEs. In addition, we have been introducing new technologies and products to support the digital transformation of industries and facilitate collaboration. Working together with global partners, we enable merchants and consumers to make and receive payments and remit around the world.

https://www.antgroup.com

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CUHK Business School and AWS Announce Collaboration to Nurture Cloud-P [#permalink] CUHK MBA Blogs and Updates   26 Oct 2023, 03:00
FROM CUHK: CUHK Business School and AWS Announce Collaboration to Nurture Cloud-Proficient Business Leaders
Through this collaboration, AWS will provide foundational cloud training for existing and future business leaders, equipping them with essential knowledge in digital, cloud technologies, and operations. Offered to EMBA, MBA and masters’ students of CUHK Business School, the training will focus on the latest industry trends and the business value of cloud technology, with an aim to hone their knowledge and skills to lead transformative endeavours and seize opportunities in the evolving business landscape.

While digital literacy and computational thinking are already embedded in the undergraduate programme, Prof. Lin Zhou, Dean of CUHK Business School, emphasises the importance of integrating technology into master’s and executive education. He states, “The collaboration with AWS combines academic excellence with technology and innovation, enabling professionals and executives to stay at the forefront of the digital economy.”


Prof. Lin Zhou, Dean of CUHK Business School

Mr Chris So, Head of Business Development, AWS Hong Kong, emphasised, “The key to successful transformation is to have C-suite to drive a top-down shift, empower the entire organisation with cloud fluency. AWS is committed to nurturing digital talents in Hong Kong and has already provided cloud skills training to over 100,000 individuals. We believe that digital talent will be the driving force for significant transformation in Hong Kong.”


Mr Chris So, Head of Business Development, AWS Hong Kong


CUHK Business School and AWS announced collaboration

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CUHK Business School Launches MSc in Sustainable Global Business [#permalink] CUHK MBA Blogs and Updates   26 Oct 2023, 22:00
FROM CUHK: CUHK Business School Launches MSc in Sustainable Global Business
Sustainability has evolved from an ecological concept to a critical boardroom agenda. The growing complexity and urgency of sustainability issues pose significant threats to humanity, placing greater pressure on businesses to take responsible actions. Companies are now not only evaluated based on their ESG performance but are also expected to make tangible contributions to a sustainable, shared future.

This master’s programme offers both one-year full-time and two-year part-time modes. It is designed to provide comprehensive training to recent graduates, early-career professionals and working professionals who aspire to lead in the evolving landscape of sustainability. It equips them with the necessary knowledge and skills to strategically manage and address complex sustainability challenges, as well as drive positive impact in organisations and beyond.

A key feature of the programme is its interdisciplinary curriculum and flexible course selection. Students have the opportunity to choose from a wide range of elective courses, including ESG management, finance, supply chain, psychology and biotechnology. They can customise their course load balancing managerial and technical courses based on individual needs and interests. To strengthen their multi-domain thinking and expand their professional network, the programme allows the students to also enrol in one course offered by other Master’s programmes in CUHK Business School or the Department of Geography and Resource Management. Furthermore, students will gain in-depth insights into the ESG and sustainability practices of leading industries, both locally and globally, enabling them to become versatile problem solvers with international perspectives.

Professor Haibin Yang, Director of MSc in Sustainable Global Business and Professor in the Department of Management at CUHK Business School, expressed, “Leveraging our strengths in interdisciplinary training, alumni network, and industry connections, we aim to nurture a new generation of high-calibre professionals who possess a holistic understanding of sustainability and are capable of leading businesses in transformative endeavours within the increasingly intricate interplay of business, environment and society.”

CUHK Business School provides career guidance through industry experts and offers a wide variety of scholarships for students who demonstrate exceptional academic accomplishments and professional qualifications. All applicants with submitted full applications will be automatically considered for scholarships; no separate application is required.

Please visit the programme’s website to learn more details.

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A Pragmatic and Persistent Restauranteur Unfazed by Challenges [#permalink] CUHK MBA Blogs and Updates   05 Nov 2023, 18:00
FROM CUHK: A Pragmatic and Persistent Restauranteur Unfazed by Challenges
Winona’s family owns a local Chinese restaurant chain. A psychology major at university, she found herself thrust into the management of her family’s business despite her limited business experience. She felt at ease with the administrative tasks in the beginning. However, as she delved deeper into the food and beverage (F&B) industry and explored avenues for sustainable growth, she realised that she needed to equip herself with advanced business knowledge to be ready for greater responsibilities. This awakening led her back to school.

Navigating the Changing Times with Agility and Imagination
Reflecting on her EMBA studies, one of Winona’s most cherished classes focused on the I Ching. She appreciated the professors’ willingness to exchange ideas and their innovative blending of modern business management theories with traditional Chinese philosophies. This class not only deepened her grasp of relevant theories but also sparked new ideas for her business ventures.

The COVID-19 pandemic had a devastating impact on Hong Kong’s economy in recent years. Winona’s family business, which included hotpot restaurants and banquet establishments, faced unprecedented challenges and required fundamental reforms. Recognising the surge in popularity of home dining, Winona applied the knowledge gained from her EMBA and steered her company into the ready-to-eat food market. Leveraging the central kitchen’s production capabilities, coupled with marketing and logistics resources, Winona successfully expanded her brand’s presence from restaurants to households. She also seized the opportunity to introduce new products, building a wider customer base, stabilising the business during difficult times and priming it for a post-pandemic resurgence.



Encouraging Tenacity in Social Service
CUHK’s humanistic values and dedication to social contribution instilled in Winona a deep sense of purpose. Rather than simply following the mainstream practices in environmental, social, and corporate governance (ESG), she earnestly contemplated how to create tangible value for society. Her aspiration was to challenge conventional thinking and establish a truly sustainable business model that would not only generate profits but also have the capacity to care for those in need in the community.

During the pandemic’s onslaught on the F&B industry, Winona initiated the idea of partnering with elderly homes to supply them with food produced in her company’s factory. However, she quickly realised that the dietary needs of the elderly differed significantly from those of typical diners. The food provided in elderly homes must meet particular needs. Just making pork rib for them took tremendous effort. “Elderly homes all have their own nutrition standards. Food size and portion have specific requirements. It took us many iterations to figure out how to control the size of the meat we provide. It was much more complex and difficult than we anticipated.”

Despite this, Winona remained steadfast in ensuring that her team understood the importance of going the extra mile to provide the elderly with nourishing meals. “We’re not just conducting business. Our work goes beyond monetary rewards and creates meaningful value to society.”



Keeping Pace with the Times and Embracing the Future
Chinese restaurants are among the most traditional in Hong Kong’s F&B landscape. When introducing technology, restaurant owners must carefully consider customer and staff acceptance and reactions. Winona, representing the younger generation in her family’s business, aims to infuse innovative elements into their operations. She recognises the imperative for Chinese restaurants to modernise while other restaurant business models continue to evolve. This involves utilising technology to enhance communication between the front line and the back office and fundamentally redesigning management and operational approaches. At the same time, it is equally important to uphold the spirit of hospitality and strengthen customer engagement. Winona believes that, despite technological advancements, it is the human touch and connection that defines exceptional service.

















Winona formed deep friendships with her EMBA classmates and professors. She even met her better half at the programme. She believes that CUHK has fostered an environment that prioritised human connection, an attribute she considers to be the most valuable.

 



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CUHK Business School Students Seize Championship in Asian Business Cas [#permalink] CUHK MBA Blogs and Updates   06 Nov 2023, 01:00
FROM CUHK: CUHK Business School Students Seize Championship in Asian Business Case Competition 2023
The teams were tasked to devise strategies for propelling Dorsett Hospitality International towards a greener future. Within a challenging 24-hour timeframe, our talented team of students, including Toshi Watanabe (QFRM, Year 3), Jonathan Cheng (GLEF, Year 2), Matthew Lau (GBS, Year 2), and Bethany Lee (GBS, Year 2), crafted innovative solutions that ultimately secured them the first-place position in the competition.

Reflecting on the experience, the team cherished meeting with other high-calibre participants, fostering lifelong friendships along the way. Now, let’s hear from the winning team:

Toshi Watanabe (QFRM, Year 3):

Being our first international case competition, ABCC was an immense challenge due to the variation in both the case and competition structure. Despite the struggles we had to overcome in such a short time, I thoroughly enjoyed adapting to a new case-cracking environment with my teammates. During the finals, each team delivered a distinctive presentation, allowing us to identify our flaws and further enhance our presentation skills. The competition was fierce, and we are delighted to have emerged as the victors, gaining valuable insights and forging numerous friendships throughout this unforgettable journey.

Jonathan Cheng (GLEF, Year2):

The time-critical nature of a case competition makes prior preparation crucial in setting the team up for success. Looking back, I’m glad we conducted comprehensive research on the case company and the case competition, which enabled us to forecast the case with high accuracy and prepare materials accordingly. The simulations we performed with the CUHK Case Competition team also fostered chemistry and deepened the understanding among our teammates, which eventually translated into the proficiency we achieved.

Matthew Lau (GBS, Year 2):

ABCC has been an incredibly humbling experience where we had the opportunity to learn from the brightest minds from across Asia. We were truly inspired by the creative solutions presented by other teams. Moreover, we have gained a greater understanding of the hotel industry through the invaluable feedback provided by judges with professional experience. In addition to sharing their industry knowledge, the judges also reminded us of the importance of taking risks while being considerate in formulating business strategies. We are immensely honoured to have emerged victorious in ABCC 2023. It has been an eye-opening journey that our team will forever treasure.

Bethany Lee (GBS, Year 2):

During our time in ABCC, in addition to the main competition, the various events planned for us provided a wonderful opportunity to engage with teams from different universities and countries. These events allowed us to get acquainted and have a great time with each other within a matter of hours. In an environment that encouraged everyone to temporarily set aside their competitiveness, we gained valuable insights into the other teams, their countries’ cultures, their international case competition experiences, and much more. As participants, we felt that the opportunity to socialise and befriend other teams truly enriched our experience during the competition.


The team receives the championship trophy presented by Ms. Winnie Chiu, the President and Executive Director of Dorsett Hospitality International (on the right).

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BTS Group Scholarship Awards Thai Masters Students at CUHK Business Sc [#permalink] CUHK MBA Blogs and Updates   13 Nov 2023, 20:00
FROM CUHK: BTS Group Scholarship Awards Thai Master’s Students at CUHK Business School
BTSG is a multi-industry conglomerate in proprietary transport and media network. Under the MoU, two scholarships will be awarded to Thai students pursuing Master’s programmes at CUHK Business School for the academic year 2024-2025.

The scholarship aims to support students in Thailand to pursue their graduate degree in business at an internationally renowned institution in Hong Kong. It is hoped that they can apply the knowledge as they return home, contributing to the development of Thailand’s economy in the future.

Please visit the Master’s programmes website at CUHK Business School to learn more about the programmes offered to this Scholarship.


(From left to right) Ms. Tida Srichiraratana, Vice President of the Office of the Chief Executive Officer of BTSG, Mr. Kumpol Ruaypom, Chairman of School Executive Committee VERSO International School, Mr. Timmy Lo, Vice President of the Office of the Chief Executive Officer of BTSG, Mr. Kavin Kanjanapas, Chief Executive Officer of BTSG, Prof. Waiman Cheung, Associate Dean of Graduate Studies of CUHK Business School, Mr. Parson Lam, Director of Hong Kong Economic and Trade Office in Bangkok, Ms. Teresa Poon, Deputy Director of Hong Kong Economic and Trade Office in Bangkok and Ms. Barbara Li, Senior Manager Graduate Studies of CUHK Business School

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CUHK Business School Sustainability Indices Reveal Promising Trends in [#permalink] CUHK MBA Blogs and Updates   27 Nov 2023, 02:00
FROM CUHK: CUHK Business School Sustainability Indices Reveal Promising Trends in Sustainability in Asia Pacific under the New Normal
Since its launch in 2015, the BSI has offered a framework that supports companies in driving their sustainability strategy and promotes business practices that contribute to positive social and environmental impact. This year, the BSI examines the sustainability performance of 371 listed companies during the financial year of 2020-2021 or calendar year 2021, as applicable.


Prof. Carlos Lo, Director of CBS at CUHK Business School

This year’s results, covering the period when businesses were adapting to the new normal since the outbreak of COVID-19, show signs of gradual recovery and a shift of focus in companies’ sustainability endeavours. This is evident in the increased involvement in environmental and community initiatives and steady improvement in ESG performance. Besides, sustainable investing and the growing institutionalisation of ESG practices have emerged as key driving forces that shape the landscape of corporate sustainability.


Certificates were presented to representatives of the companies achieving exceptional performance in business sustainability.

The 1st Global (Asia Pacific) BSI
The inaugural Global (Asia Pacific) BSI assesses 69 Hang Seng Index constituents, 50 Australia S&P/ ASX50 Index constituents and 30 Straits Time Index (STI) constituents, providing a benchmark for regional and industry reference.

Overall, Hong Kong companies topped the chart in the total score and ranked as the top 10 companies in the region. These companies exhibited a distinctively stronger performance (71.12 points) in addressing government in their sustainability practice compared to Singapore (39.21 points) and Australia (23.94 points), possibly as a result of the growing regulatory requirements on ESG disclosure from the Hong Kong Stock Exchange among other factors.

The 8th Hong Kong Business Sustainability Index (HKBSI)
The HKBSI, a composite score representing the annual sustainability performance of companies listed on the Hang Seng Index (HSI), assesses a total of 69 listed companies this year.

The total average score for HKBSI reached 62.56 points, representing a 4.88% year-on-year increase, entering the “Performer” grade range (60-69 points) for the first time. The practice score also rose to a record high at 73.25 points, placing it within the “Achiever” range (70-79 points). This indicates that companies have been actively translating their sustainability vision, mission and values into action. The results also reveal a visible narrowing of the gap between top-performing companies and others.

The 4th Greater Bay Area Business Sustainability Index (GBABSI)
The GBABSI evaluates the sustainability performance of listed companies operating within the Greater Bay Area economic zone.

Comparing to the 3rd GBABSI results (54.21 points), this year’s assessment reflects an overall average score improvement of 10.02%, reaching 59.64 points. Notably, “Practice” category recorded a significant increase of 14.07%, and the “Impact” category saw a notable increase of 15.18%.

The results also indicate a diminishing difference between the average scores of HKBSI and GBABSI, from 5 points last year to 2.92 points this year. Additionally, the score of the top 20 companies in GBABSI (85.19 points) surpassed that of the top 20 companies in HKBSI (83.18 points).

The 3rd Greater China Business Sustainability Index (GCBSI)
GCBSI accesses listed companies from HSI, FTSE TWSE Taiwan 50 Index, Shenzhen 100 Index and Shanghai Stock Exchange SSE 50 A Share Index.

This year, the overall average score for GCBSI is 56.89, representing a 9.70% year-on-year increase. Listed companies from Taiwan achieved the highest average score of 65.96, followed by companies from Hong Kong (62.56 points), Shanghai (51.75 points), and Shenzhen (45.61 points).

Taiwan companies have shown signs of a slight decline, while Hong Kong companies have consistently improved their overall performance. For both cities to move forward, innovation, specialised talent, as well as regulatory incentives will be key. In Shanghai and Shenzhen, listed companies have rapidly caught up. In Shanghai, in particular, companies have progressed from the “Explorer” in the second GCBSI to the “Practicer” category this year.

The 3rd Hotel BSI
Conducted by the Centre for Hospitality and Real Estate Research (CHRER), this year’s Hotel BSI assesses 38 constituents – 29 listed hotel companies in the Greater China region and 9 international hotel chains.

Overall, the average score increased by 2.51%. Half of the indexed hotel companies reached the level of “Performer” or higher. The overall improvement was primarily driven by hotel companies’ performance in the government sector, which recorded increases in both “Practice” (48.37, up by 16.33%) and “Impact” (25.24, up by 17.24%).

The progress reflects the sector’s enthusiastic response to the government’s call for participation in COVID-19 related disaster relief measures. Another area that saw substantial growth was “Impact” (44.18, up by 55.32%) in the consumer sector. It shows that despite the difficult operational environment, consumers acknowledged that hotel companies did not compromise on service quality.

For more information about the results of BSI 2023, please visit the CBS website: https://cbs.bschool.cuhk.edu.hk/research/

 

About the Centre for Business Sustainability (CBS)
CBS is a collaboration between the Department of Management and the Department of Government and Public Administration at the Chinese University of Hong Kong. Founded in June 2018, the CBS mission is to promote business sustainability as a viable and profitable business model through conducting innovative research on Corporate Social Responsibility (CSR) and sustainability management practices in the region. It also aims to transfer the acquired knowledge of CSR applications to both academic and business communities.

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CUHK Business School Unlocks Innovation Potential from Large Corporate [#permalink] CUHK MBA Blogs and Updates   28 Nov 2023, 01:00
FROM CUHK: CUHK Business School Unlocks Innovation Potential from Large Corporates to SMEs
In its second year, the CII project seeks to invite 130 large corporates and 200 SMEs to participate in a survey questionnaire which assesses their innovation performance and capabilities in 2022. This year, the project will enhance its assessment framework, including measurements specially designed to address the needs and operations of SMEs. The assessment results are expected to provide valuable insights into Hong Kong’s business innovation landscape and trajectory.

Prof. Waiman Cheung, Associate Dean (Graduate Studies) and Executive Director of APIB at CUHK Business School, highlighted the importance of understanding and supporting SMEs in their ongoing innovation journey. “SMEs form an important pillar of our economy, accounting for more than 90% of businesses in Hong Kong. This year, we hope to delve deeper into the unique challenges and opportunities faced by SMEs in their innovation endeavours.”

The kick-off ceremony was attended by esteemed guests, including Mr. Wai-ming Lau, Assistant Commissioner for Innovation and Technology (Quality Services), Prof. Lin Zhou, Dean of CUHK Business School, and Mr. Patrick Yeung, CEO of The Hong Kong General Chamber of Commerce (HKGCC), along with corporate representatives.

The HKGCC remains the project’s strategic partner, the list of supporting organisations has expanded to include the Federation of Hong Kong Industries as an industry partner, as well as sponsors from various sectors such as technology, finance, trading, property, and digital platforms. Their support underscores the shared commitment to driving innovation and propelling Hong Kong’s economic growth.





For more information on upcoming events, please visit the CII website.

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In Search of Ancestral Roots and New Frontiers [#permalink] CUHK MBA Blogs and Updates   03 Dec 2023, 19:00
FROM CUHK: In Search of Ancestral Roots and New Frontiers
Angela, hailing from Surabaya, Indonesia, is a fourth-generation Chinese with roots tracing back to Guangzhou. Proficient in Indonesian, English and some Putonghua, she has harboured a long-standing desire to explore her ancestral homeland and unearth opportunities for her talents in this expansive market.

As a foreign student, Angela was aware of being a minority in her classes. Initially presuming her global perspectives would provide a learning advantage, she soon realised that both local and international students were equally diligent and engaged in their academic pursuits and lives. Adjusting to the city’s pace took some time, and building connections with classmates required more effort than anticipated. However, as Angela adapted to the city’s rhythm, she grew closer to her peers. They shared Hong Kong stories and introduced her to the local culture, nurturing a sense of love and support within her class. “My classmates were all exceptional students. They motivated me to strive for greater academic excellence. The positive peer pressure also became a driving force, urging me to push myself further.”









Arriving in Hong Kong amidst the onset of the pandemic, Angela found herself spending more time on campus with classmates. Limited options for activities led to shared moments in dormitories, fostering friendships and late-night conversations. Angela’s fondest memories, however, revolve around the unexpected support from CUHK faculty members, deepening her affection for the CUHK family. “Contrary to my expectations, professors actively engaged with students outside the classroom. I was pleasantly surprised.” Describing herself as a sunflower, Angela’s joyous heart is nurtured by the CUHK campus, radiating a brighter smile.



After several years of studying and living in Hong Kong, Angela, like many foreigners, has developed a fondness for the city’s distinct seasons and urban landscape. Despite the hustle and bustle of Hong Kong Island, where towering buildings line the MTR stations and people hurriedly go about their daily lives, she appreciates the ease of escaping to nearby beaches or engaging in mountain hikes, immersing herself in a serene environment.

Post-graduation, Angela chose to remain in Hong Kong, working for an international tech consultancy. She sees the tech industry as offering more opportunities than she would find in Indonesia. With plans to stay in her adopted home for a few more years, Angela envisions exploring new frontiers in other major Mainland cities, such as Shanghai, in the future.



 



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60th Anniversary Global Alumni Celebration Among Global Alumni Conclud [#permalink] CUHK MBA Blogs and Updates   08 Dec 2023, 05:00
FROM CUHK: 60th Anniversary Global Alumni Celebration Among Global Alumni Concluded Successfully in Beijing
The finale of the alumni gala was held on 29 October at Infinity Ballroom, Hilton Beijing. Over 250 alumni from different generations and industry backgrounds turned out to join Prof. Lin Zhou, Dean of CUHK Business School, along with Associate Deans, Programme and Alumni Office representatives at the event. The rendezvous was also graced by the Beijing-based presidents of several Alumni Associations, including Ma Lap Ping (BBA 1988), President of CUHK Business Alumni Association – Beijing; Dai Xiaoyuan (FMBA 2002), President of CUHK Business School FMBA Beijing Alumni Association; and Chen Jun [EMBA (Chi) 2018] with EMBA (Chinese) Alumni Association.



In his speech, Prof. Zhou expressed heartfelt gratitude to alumni for their support for the global gathering series that culminated in Beijing. He was particularly keen on more networking opportunities with alumni in the future.







He also thanked CUHK Business Alumni Association – Beijing, FMBA Beijing Alumni Association, and EMBA (Chinese) Alumni Association for their continued efforts to connect alumni, with a view to driving the robust growth of the CUHK Business School alumni community.



The speech was followed by a ceremonial toast commemorating the 60th anniversary of both the CUHK and CUHK Business School.



The evening reached the climax when attending alumni eagerly participated in the lucky draw that gave away fabulous prizes. Amid a free flow of drinks, courtesy of Zhang Jun (FMBA 2004), there were jolly conversations and peals of laughter exchanged between alumni as they updated each other on their personal lives and relived the nostalgia for their college days.



The global alumni gatherings could not be possible without the staunch support of all attending alumni in their localities. With the theme of “Bond to Carry On the Boundless Legacy”, they offered great networking opportunities that surpassed geographical and generational boundaries. The alumni community is a big family with its doors open to all members. We look forward. On this note, we look forward to the active participation of more alumni in our vibrant and diverse activities!

Click HERE for the full album of the event

First published in the CUHK Business School Alumni Website on 06 December 2023, this article was republished with permission from the School’s Alumni Affairs and Development Office.

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CUHK Business School Students Shine at Cornell PropConnex Internationa [#permalink] CUHK MBA Blogs and Updates   12 Dec 2023, 19:00
FROM CUHK: CUHK Business School Students Shine at Cornell PropConnex International Real Estate Case Competition
As the only team from Asia, the students competed against 15 teams from Australia, Canada, Sweden and the US, and were awarded a prize of US$5,000.

Hosted by the Cornell Peter and Stephanie Nolan School of Hotel Administration, Cornell PropConnex International Real Estate Competition is a prestigious event in the real estate industry, participated by top real estate and business schools from around the world. Each team was tasked with an intensive seven-day process of analysing and presenting an actual commercial real estate transaction in the US.

Prior to the competition, the CUHK students underwent a rigorous one-month training programme. The team received guidance from faculty advisors from the School of Hotel and Tourism Management, including Professor Desmond Tsang, Professor Nelson Wong, and Dr Ervi Liusman, along with industry advisors such as Gavin So, Vice President of Nan Fung Trinity, and Nancy Wong, Senior Manager, Regional Research & Consultancy at Savills.

Dr Liusman said, “We take immense pride in this outstanding team. Despite encountering numerous challenges, the team maintained an unwaveringly positive attitude. In addition to their technical skills and professional knowledge, we were impressed by their team spirit and ability to support one another in problem-solving, demonstrating that the collective strength of the team is greater than the individual contributions of its members.”

Let’s hear from the winning team about their experience:

Alyanna Desiree Pingol Villanueva (HRE, Year 4):
This competition had a profound impact on my personal and career growth. The rigorous month-long training provided me with invaluable knowledge and skills in the real estate industry, pushing me to new limits. Winning the first runner-up was an added bonus. The true rewards were the strong bonds formed with my teammates and the valuable lessons I learned.

Arnav Sethi (HRE, Year 4):
As a CUHK student, this triumph fills me with immense pride and serves as a testament to the School’s exceptional preparation, enabling me to thrive at the highest level. However, this journey, like any successful one, was not without its challenges. Yet, these obstacles have taught me invaluable lessons that extend beyond practical knowledge. To me, that is the true victory.

Elena Wan Hiu-nam (HRE, Year 3):
I would like to express my deepest appreciation to the organisers of this exceptional journey, as it has profoundly enriched my understanding of sophisticated real estate strategies and intricate market dynamics. The invaluable feedback and networking opportunities have significantly contributed to my professional growth and development. I am also grateful for my professors’ unwavering support and my teammates’ collaborative spirit, which augmented our collective growth.

Jolin Chang Jung-lin (HRE, Year 4):
The competition was an exhilarating and unforgettable experience. This invaluable opportunity allowed us to engage with the dynamic world of real estate, analyse complex scenarios and propose innovative solutions. This journey would not have been possible without the support of our professors, mentors and teammates. I am grateful for their commitment to the competition.

Louis Yang Xizhuo (HRE, Year 4):
This competition is my greatest accomplishment in 2023. The result we achieved is undoubtedly the sweetest gift to conclude not only this year but also my entire real estate study so far. I feel sincerely grateful for the opportunity to work with such amazing groupmates and for the guidance and care provided by our professors.



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CUHK Business School Launches the First CUHK-RAPS Conference on Asset [#permalink] CUHK MBA Blogs and Updates   18 Dec 2023, 00:00
FROM CUHK: CUHK Business School Launches the First CUHK-RAPS Conference on Asset Pricing and Investment
Jointly organised by the Chinese University of Hong Kong (CUHK) Business School and the Review of Asset Pricing Studies (RAPS), and sponsored by the Centre of Quantitative Trading at CUHK, the conference featured a lineup of distinguished speakers, including keynote speakers Professor Marcin T. Kacperczyk from Imperial College London and Professor Ron Kaniel from the Simon School of Business at University of Rochester.

During his welcome remarks, Professor Lin Zhou, Dean of CUHK Business School, expressed his gratitude to RAPS and the Centre of Quantitative Trading at CUHK for their invaluable support. He emphasised the significance of the conference as a platform for academic excellence and collaboration, reinforcing CUHK Business School’s commitment to nurturing talent and empowering businesses with cutting-edge insights.

Celebrating its 60th anniversary this year, CUHK Business School holds a long-standing reputation as the first business school in Asia. It has continuously excelled in business management education and research. By fostering collaborations through conferences of this kind, the School seeks to further contribute to the global academic community and advance knowledge in the field of asset pricing and investment.





Professor Lin Zhou, Dean of CUHK Business School (photo 1) and Professor Hui Chen, the Sponsor Editor of RAPS, the Review of Asset Pricing Studies (photo 2) delivered welcome marks at the conference.

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CUHK Business School Students Triumph in ACCA Hong Kong Business Compe [#permalink] CUHK MBA Blogs and Updates   26 Dec 2023, 21:00
FROM CUHK: CUHK Business School Students Triumph in ACCA Hong Kong Business Competition 2023
Themed “Be You. Be part of Future Unicorn”, this year’s ACCA Business Competition provided the opportunity for participants to contribute visionary ideas to empower the growth of three real-life start-ups in sustainable practices from Cyberport Hong Kong, namely Filix Medtech, MakeOmnia and R2C2.

“B.A.M.”, a team of three students from CUHK’s Integrated BBA Programme (IBBA), clinched the Grand Champion and the Outstanding Team awards at MakeOmnia’s track. With the aim of expanding the 3D printing business of MakeOmnia into to the B2B sector, the team devised an array of innovative ideas, including a comprehensive brand campaign, new product launch, and strategic partnership with schools in Hong Kong and Australia. Notably, they emphasised boosting gender equity within the STEM industry.


From left: Mr Brian Li (Director, Digital and Customer Proposition, HSBC), Anora Abduvalieva, Brandon Htet, Miang Phimbun Phanphruk, Ms Peggy Yuen (Chief Executive Officer of MakeOmnia), Ms Christina So (Head of ACCA Hong Kong and GBA (Greater Bay Area) Lead, ACCA Hong Kong) and Mr Billy Chung (Senior Manager – Partnership Development, Cyberport Hong Kong)

Another CUHK team, “CatalystX”, comprised of four students from Professional Accountancy Programme (PACC), was bestowed with the Merit Award for their proposal of a new subscription business model which targets the security and hospitality industry for the robotic start-up R2C2.


From left: Ms Catherine Yu (General Manager Finance, Business Incubation, New World Development Limited), Kelly Ngan, Sharon Chan, Emily Cheung, Janice Tsui, Dr Edmund Wong (Co-director of PACC programme)

Award list:

Grand Champion and Outstanding Team (MakeOmnia)

Team name: B.A.M.

  • Anora Abduvalieva (IBBA, Year 3)
  • Brandon Htet (IBBA, Year 3)
  • Miang Phimbun Phanphruk (IBBA, Year 3)
Best Presenter

  • Anora Abduvalieva (IBBA, Year 3)
Merit Award

Team name: CatalystX

  • Sharon Chan Sin-wan (PACC, Year 1)
  • Emily Cheung Wing-ching (PACC, Year 1)
  • Kelly Ngan Tsz-yan (PACC, Year 1)
  • Janice Tsui Ka-wing (PACC, Year 1)
Organised by ACCA, the annual Hong Kong Business Competition equips accounting and business students with the accounting, business analysis and communication skills demanded by employers.

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CUHK Business January 2024 [#permalink] CUHK MBA Blogs and Updates   01 Jan 2024, 19:00
FROM CUHK: CUHK Business – January 2024

Our Research



Finance

The Unstoppable Rise of Sustainable Investing

By Prof. Darwin Choi, Prof. Zhenyu Gao, Prof. Wenxi Jiang, Prof. Chanik Jo

Direct exposure to global warming influences retail investors, while institutional investors divest from high-emission stocks in response to growing awareness of climate change risks



Consumer Behaviour

Putting Healthy, Low-emission Food on the Menu

By Prof. Francisco Cisternas

New study finds “green consumerism” is alive and well in China, with consumers willing to pay more for sustainable food



Social Responsibility

Why is Workplace Equality Good for Business?

By Prof. Jing Wu

A new study reveals that US households spend more on products from firms that prioritise corporate workplace equality, especially after major social events



Leadership

[b]How Feeling Good Can Lead to Doing Good[/b]

By Prof. Ya Lin, Prof. Haibin Yang

New study finds that a CEO’s emotional profile has a notable impact on their company’s uptake of corporate social responsibility initiatives

Our People



Alumni Story
Deriving True Wealth from Making a Difference in Other People’s Lives

Despite having been immersed in the dizzying world of finance, Norris Lam (IBBA 1997), partner at Forbes Global and a financial industry veteran, refuses to be enslaved by money; she would rather create a profound impact with it than amass enormous wealth.



Faculty Story

More than Business: Beliefs that Transcend Generations

It is often said that “business is business”, a rational pursuit purely focused on business management and value and benefit calculation. Yet business is also about human activities in modern societies, in which humans and their beliefs drive all kinds of interactions and value creation that ultimately lead to success.



Alumni Story

Leading with Wisdom and Poise, Fulfilling Ambition with Integrity

Generations of women from various backgrounds have sought education and enlightenment at CUHK Business School, where they have gained valuable insights into business and management as well as a broader outlook on the world.



Alumni Whereabouts
Connecting and Impacting Worldwide

With the recent appointment of 83 new Global Alumni Ambassadors (GAA) from 26 countries, let’s get to know some of the new members as they share their insights, experiences and aspirations.

Our Happenings





Read Online

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Want even more insights? Subscribe to the monthly digest of China Business Knowledge and our biannual CUHK Business School magazine now!

About CUHK Business
CUHK Business School’s magazine CUHK Business provides a platform to inform readers of selected business topics and school updates through articles written by staff and guest writers. Situated at the world’s doorway to China, with a well developed foundation in business education and research, CUHK Business School has a unique role in nurturing business leaders of tomorrow. We hope you will find the articles interesting and stimulating.

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CUHK Business School Students Awarded the Prestigious Hong Kong Jockey [#permalink] CUHK MBA Blogs and Updates   01 Jan 2024, 19:00
FROM CUHK: CUHK Business School Students Awarded the Prestigious Hong Kong Jockey Club Undergraduate Scholarship
Their achievements did not happen overnight, and are accumulation of hard work and a genuine desire to contribute to society deeply rooted from a young age.

A Path to Kindness and Compassion
Errin has a strong passion for writing and telling the stories of the underrepresented community in Hong Kong.

At the age of 16, Errin encountered difficulties in her studies due to dyslexia, a learning disability that affects reading and writing. Despite the challenges, she has developed the ability to remain resilient and courageous, successfully overcoming her disability.

Errin has chosen to study Integrated BBA Programme and Juris Doctor Double Degree Programme at CUHK Business School to intellectually challenge herself, advocate for social justice and advance her passion with the dynamic world of business. By leveraging the unique interconnectedness of business and law, she aspires to make a positive impact on society and help other people like herself.

Errin feels that she is privileged to have received many resources and support, and sees it as her responsibility to give back to the community and help the underprivileged. Recently, she shares her legal knowledge with members of the single father community through WholeHearted Family Justice Initiative, educating them on children’s rights and legal rights.

In the future, Errin hopes to set up a non-profit organisation that provides legal aid for the underprivileged with special educational needs.





Dedication to Serving the City and Beyond
Charlie, another HKJC Undergraduate Scholar, made a transformative decision to devote part of his time to social service during his senior year in high school.

As the former president and current active member of Dream Compassioneers, a registered charity, Charlie established a donation programme which collected second-hand stationery and clothes for more than 300 Cambodian students and organised the first debate competition on children’s rights with more than 70 participating schools. Besides, Charlie teaches hearing-impaired children every Saturday through their collaboration with Hong Kong Society for the Deaf. He is deeply moved by the students’ gratitude, reminding him of the reciprocal nature of serving others.

Charlie’s unwavering passion for helping others continues to thrive. Currently, he is the Vice President at the Red Cross University Club. The new role allows him to serve not only the people in Hong Kong, but also organising a service trip that aims to improve the water, sanitation and hygiene infrastructure in Nepal.

“I am not born for myself alone,” says Charlie, “and I will carry on my passion to serve more people in need.” In the future, Charlie hopes to launch a local service programme to promote mental wellbeing in the city.





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Embracing Diversity and Empowering Global Talent at CUHK Business Scho [#permalink] CUHK MBA Blogs and Updates   08 Jan 2024, 19:00
FROM CUHK: Embracing Diversity and Empowering Global Talent at CUHK Business School






Lavanya Anthwal (GLEF, Year 3) discovered her enduring passion for the study of economics during her high school years in India, and this passion has only grown stronger during her time at CUHK Business School. As a student of the Global Economics and Finance Programme, Lavanya values the fresh perspective the programme provides on economics through the lens of finance and how the two subjects intertwine. Driven by her curiosity about people, she also pursued a minor in psychology, which helps her understand economic theories and financial data from a human perspective.

In moments of doubt, Lavanya finds solace in a well-worn book she brought from India, Misbehaving by Nobel Prize winner Richard Thaler. Apart from delving into the realm of behavioural economics, the book chronicles Thaler’s academic journey, providing Lavanya with a comforting resonance. “It offers a very humane approach to economics. It highlights Thaler’s struggles, which reassures me that challenges are an intrinsic part of the journey,” she reflects.





Beyond her academic pursuits, Lavanya has experienced tremendous personal growth by discovering and embracing her authentic self. As she adapts to the foreign environment, she also feels a strong calling to share her own culture with the local community. Alongside six other international students, she co-founded the South Asian Student Association (SASA), organising a range of activities to foster cultural exchange with fellow students.











Growing up in a traditional education environment in Kazakhstan, Damira Aktay (IBBA, Year 3) shares her unique encounter in a marketing course led by Dr. Kenneth Justin Lee. The course not only instilled in her the creative mindset essential for marketers but also brought out her extroverted side in unexpected ways.

To encourage his students to think outside the box and present their work with exceptional creativity, Dr Lee thoughtfully coined the term “MADketing”, which is printed on the masks he distributes to students. As an illustration, Dr Lee invited the entire class to dance during a marketing presentation. The creative approach of conducting the class went beyond enhancing Damira’s marketing skills. “I have always been an introvert. Studying here has pushed my boundaries and taught me never to be afraid of asking for more.”

Having spent three years in CUHK Business School, Damira has come to realise that education extends beyond textbooks and theories. “It is about cultivating mental agility and the courage to embrace the ever-changing world of business.”







Venturing into her first overseas study experience away from her Indonesian home, Beatrice Djayasaputra (GLEF, Year 1) embarked on a journey of self-discovery in an unfamiliar cultural environment.

As a fresher, Beatrice enjoys immersing herself in the diverse and vibrant community at CUHK. She cherishes the myriad of opportunities which broaden her horizons and enable her to forge meaningful friendships across borders. Despite encountering language and cultural differences, Beatrice believes proactive communication helps her integrate with the community.







During moments of longing for her Indonesian home, Beatrice finds comfort in a seemingly ordinary notebook. The precious keepsake is meticulously crafted and filled with photos and words of encouragement from her family. Each page holds treasure trove of memories and serves as a constant reminder of her family’s unwavering support. Among the words etched in her heart, Beatrice fondly recalls her mother’s reassuring motto, “You don’t have to be the best, but always do your best.”

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Embracing Diversity and Empowering Global Talent at CUHK Business Scho [#permalink] CUHK MBA Blogs and Updates   08 Jan 2024, 21:00
FROM CUHK: Embracing Diversity and Empowering Global Talent at CUHK Business School






Lavanya Anthwal (GLEF, Year 3) discovered her enduring passion for the study of economics during her high school years in India, and this passion has only grown stronger during her time at CUHK Business School. As a student of the Global Economics and Finance Programme, Lavanya values the fresh perspective the programme provides on economics through the lens of finance and how the two subjects intertwine. Driven by her curiosity about people, she also pursued a minor in psychology, which helps her understand economic theories and financial data from a human perspective.

In moments of doubt, Lavanya finds solace in a well-worn book she brought from India, Misbehaving by Nobel Prize winner Richard Thaler. Apart from delving into the realm of behavioural economics, the book chronicles Thaler’s academic journey, providing Lavanya with a comforting resonance. “It offers a very humane approach to economics. It highlights Thaler’s struggles, which reassures me that challenges are an intrinsic part of the journey,” she reflects.





Beyond her academic pursuits, Lavanya has experienced tremendous personal growth by discovering and embracing her authentic self. As she adapts to the foreign environment, she also feels a strong calling to share her own culture with the local community. Alongside six other international students, she co-founded the South Asian Student Association (SASA), organising a range of activities to foster cultural exchange with fellow students.











Growing up in a traditional education environment in Kazakhstan, Damira Aktay (IBBA, Year 3) shares her unique encounter in a marketing course led by Dr. Kenneth Justin Lee. The course not only instilled in her the creative mindset essential for marketers but also brought out her extroverted side in unexpected ways.

To encourage his students to think outside the box and present their work with exceptional creativity, Dr Lee thoughtfully coined the term “MADketing”, which is printed on the masks he distributes to students. As an illustration, Dr Lee invited the entire class to dance during a marketing presentation. The creative approach of conducting the class went beyond enhancing Damira’s marketing skills. “I have always been an introvert. Studying here has pushed my boundaries and taught me never to be afraid of asking for more.”

Having spent three years in CUHK Business School, Damira has come to realise that education extends beyond textbooks and theories. “It is about cultivating mental agility and the courage to embrace the ever-changing world of business.”







Venturing into her first overseas study experience away from her Indonesian home, Beatrice Djayasaputra (GLEF, Year 1) embarked on a journey of self-discovery in an unfamiliar cultural environment.

As a fresher, Beatrice enjoys immersing herself in the diverse and vibrant community at CUHK. She cherishes the myriad of opportunities which broaden her horizons and enable her to forge meaningful friendships across borders. Despite encountering language and cultural differences, Beatrice believes proactive communication helps her integrate with the community.







During moments of longing for her Indonesian home, Beatrice finds comfort in a seemingly ordinary notebook. The precious keepsake is meticulously crafted and filled with photos and words of encouragement from her family. Each page holds treasure trove of memories and serves as a constant reminder of her family’s unwavering support. Among the words etched in her heart, Beatrice fondly recalls her mother’s reassuring motto, “You don’t have to be the best, but always do your best.”

The post Embracing Diversity and Empowering Global Talent at CUHK Business School appeared first on CUHK Business School.
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From social enterprises to automotive giant: CUHK Business School stud [#permalink] CUHK MBA Blogs and Updates   15 Jan 2024, 21:00
FROM CUHK: From social enterprises to automotive giant: CUHK Business School students explore the realm of innovation in South Korea
To ensure the students would make the most of this valuable experience, a series of workshops were conducted in Hong Kong prior to the trip. The tour commenced with an insightful lecture on the social innovation landscape in South Korea, delivered by Professor Shin Hyunsang and Professor Christian Park at Hanyang University.


(From left) Professor Shin Hyunsang, Vice President of Global Social Innovation Foundation, Dr Fred Ku, Associate Dean (Undergraduate Studies) at CUHK Business School, and Professor Christian Park, Associate Professor of Department of Cultural Anthropology at Hanyang University ERICA

Guided by Stanford Social Innovation Review (SSIR) Korea Next Impact Team, the students visited Seoul Upcycling Plaza and social enterprises in Seongsu-dong, a repurposed industrial area that has undergone a remarkable revival driven by the younger generations. By interacting with the local enterprises, the students gained firsthand insights into how social innovation is integrated into business. The inspiring experience led them to reflect on their future roles in driving social innovation in Hong Kong.

Another highlight of the trip was the immersive visit at Hyundai Motorstudio Seoul. Delving into the intersection of innovation, design, and technology, the students learned about the brand philosophy of the leading automotive manufacturer and its impact on society.

The trip concluded with a networking dinner held at Hanyang University, where participants cherished their valuable connections and unforgettable experiences.







The post From social enterprises to automotive giant: CUHK Business School students explore the realm of innovation in South Korea appeared first on CUHK Business School.
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From social enterprises to automotive giant: CUHK Business School stud [#permalink]
15 Jan 2024, 21:00
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