Highlights
Kellogg-HKUST EMBA Ranked World’s Top Program for the 12th Time
Various media reported that the Kellogg-HKUST EMBA program has maintained the top spot in the FT EMBA Ranking for the 12th time. The program’s graduates achieved the highest average salary of up to US$652,326 (over HK$5 million) per annum, representing an average salary increase of 89% between their pre-EMBA earnings and current salaries.
(FT.com, Stheadline.com, Chinanews.com, The Times of India, Poets and Quants, Yahoo News, NDTV, dotdotnews.com, NDTV, Mirage News, hket, Wen Wei Po, stheadline.com, hket(2), ifeng.com, sina.com, sina.cn, j.eastday.com, eastmoney.com, sina.com(2), wenhui.whb.cn, ifeng.com(2), ftchinese.com, j.eastday.com(2))
School’s Fintech Experts Join HKMA CBDC Expert Group
Most major media reported that the Hong Kong Monetary Authority established the Central Bank Digital Currency (CBDC) Expert Group and signed MoUs with five local universities, namely HKUST, CUHK, CityU, PolyU, and HKU, whose faculty members are participants of the group. Dean Prof. TAM Kar Yan and Associate Dean Prof. Allen HUANG are among experts appointed. Dean Tam said the School has been exploring the potential of CBDC through various research and stakeholder engagement initiatives.
(Sing Tao, Stheadline, HK Economic Times, hket.com, etnet.com.hk, Ming Pao, HK Economic Journal, On.cc, Oriental Daily, RTHK, metroradio, hk01.com, Wen Wei Po, HK Commercial Daily, OpenGov Asia, qq.com, sohu, stnn.cc, hkcna.hk, news.yahoo.com, aastocks, quamnet, now.com, money18.on.cc)
HKUST Releases Survey Findings on Public Attitudes Towards Virtual Assets
Most major media covered a survey undertaken by the School, which found 41% of local residents prefer not to hold virtual assets in the wake of the JPEX saga in mid-September in HK, up by 12 percentage points from a previous survey conducted between April and May. Assoc. Dean Prof. Allen HUANG said the recent financial incident has drawn more public attention on VAs and regulatory issues, and led to a more conservative investment appetite. Christy YEUNG, Head of Fintech and Green Finance Projects, believed that the regulators are seeking to provide citizens with more accurate information on virtual assets, and universities also hope to launch educational initiatives to enhance their understanding of virtual assets.
(i-CABLE, RTHK Radio, i-CABLE(2), Now, RTHK Radio(2), yahoo.com, hk01, Wen Wei Po, dotdotnews, tkww.hk, 881903.com, epochtimes.com, metroradio, orangenews, Bloomberg BusinessWeek Chinese edition, DL News, bastillepost, uniquemedia, aastock, quamnet, mingpao, yahoo.com(2), am730, yahoo.com(3), gcmt.com, SCMP, The Standard, China Daily, Cryptonews, Cryptonews(2), aastock, stheadline.com, Sing Tao, stheadline.com(2), on.cc, Line Today(2), on.cc(2), on.cc(3), Line Today(3), sina.com, edigest.hk, hket, on.cc(4), Wen Wei Po(2), am730(2), Now(2), HKEJ, Ming Pao, on.,cc(5), ifeng.com, sina.com(2), HKEJ(2), Line Today(4), UNWIRE.HK, businesstimes.com, Pchome, caifuhao.eastmoney.com, ifeng.com, sina.com(3), hexun.com, investing.com, Investing.com(2), cnyes.com, jornalvakio.com, hkcna.hk, Fortune, Line Today(5), tkww.hk, Line Today(6), yahoo.com((4), cnyes.com(2), HKEJ(3), cnyes.com(3), cnyes.com(4), etnet.com, Business2community, Headline for hk, spyan-jour.hkbu.edu.hk, stheadline.com, Bitcoin, Investing.com, Tech report, Cointelegraph, Btcmanager.com, AMB Crypto, Yahoo News, Investing.com, finet.com, cnyes.com, Line Today, Yahoo.com, Yahoo.com (2), Finet.hk(2), Epochtimes.com)
Alumni Event in Shanghai (Oct 29)
Various media including ifeng.com, Eastmoney.com, china.com, 163.com, iyiou.com, sohu.com, stcn.com, sina.com , huanqiu.com, cyzone, jingji, xhby.net, lieyunpro, sohu.com, peopleapp.com reported about an alumni forum themed on "business revolution in the digital age” held in Shanghai by the School. During media interviews, Senior Associate Dean Prof. HUI Kai-Lung offered his take on the role business education plays in nurturing talent proficient in digital skills, while Director of Roger King Center for Asian Family Business and Family Office Prof. Winnie PENG discussed the challenges that Chinese business families are facing.
OTHERS
HKUST Fintechstic Advances Understanding in Green Finance and Digital Assets (Oct 31)
A number of media, including Ming Pao and HK Economic Journal, reported about HKUST Fintechstic, which was participated by more than 250 local university students and 3,300 members of the public. A team comprising three HKUST students won the competition. Dean Prof. Tam Kar-Yan said HKUST Fintechstic has deepened the understanding and interest in Fintech among tertiary students and the public while promoting relevant skills.
MBA Alum from France Stays in HK for Career development (Oct 31)
Various media, including The Standard, Ta Kung Pao, Headline for HK, tkww.hk, Wen Wei Po, dotdotnews, and hk01, reported that an MBA alumnus from France, Thomas, shared his experience at the opening ceremony for the HK Talent Engage Office. He was quoted as saying that HK made him feel comfortable compared to other cities, citing its natural and hilly environment and wonderful social life as attractions that convinced him to stay on after finishing the MBA program at HKUST.
Countering the US as China’s Best Option (Oct 27)
In an HK Economic Times article, Prof. Emeritus Francis LUI, Department of Economics, shared his views on why China's only option is to be resolute in countering the US.
QS Global MBA Rankings 2024: HKUST Rises to 46th Place (Oct 26-27)
According to media reports by Stheadline.com, Hindustan Times, Ifeng.com, huanqiu.com and sina.com, in the QS Global MBA Rankings 2024, HKUST and HKU rose by three spots to 46th and 35th respectively. CUHK has declined for three consecutive years, ranking 76th this year.
Retaining Talent in Era of Technological Innovation (Oct 26)
In an HK Economic Times article by Chair Prof. LI Jiatao, Department of Management, discussed how HK can retain talent in the new era of technological innovation.
World's your Oyster with Biz Program (Oct 24-25)
An article on the 10th anniversary of the World Bachelor in Business (WBB) program jointly launched by HKUST, University of Southern California (USC) and Bocconi University, in which Program directors Prof. Stephen NASON from HKUST and Prof. Gerald GIAQUINTA from USC introduced the skills and the internship opportunities that the program will provide students with, while three local students talked about their study experiences. (The Standard and Singtao)
Alumnus in Fertilizer Business Venture (Oct 24)
Ming Pao Daily reported about the startup co-founded by School alumnus Jackson YIP Ho-So and HKU’s Department of Chemistry Asst. Prof. Edmund TSE, which has developed a real-time fertilizer device that utilizes renewable energy to convert toxic substances in the soil to nutrients. The device will be showcased at the InnoCarnival 2023 organized by Innovation and Technology Commission.
Digitalization Key to HK’s Position as Private Wealth Management Center (Oct 20)
According to reports by Now.com and HK Economic Journal, Adjunct Prof. K C CHAN, Department of Finance, attended the "2023 GBA Summit Forum” He emphasized the importance of digitization in the growth of financial institutions, stating that embracing online platforms and collaborating with partners would expand their customer base and enable them to reach their target audience effectively.
Geopolitical Impact of Israeli-Palestinian Conflicts (Oct 20)
In an HK Economic Times article on the Israeli-Palestinian conflict and global geopolitics, Prof. Emeritus Francis Lui, Department of Economics, offered his take on why US’s entanglement in the Middle East will further delay its containment strategy against China.
Diversifying Investment amid Rising Geopolitical Risks (Oct 19)
HK Economic Times published an article by Prof. Winnie Peng, Director of Roger King Center for Asian Family Business and Family Office, on how to diversify investment amid growing geopolitical risks.
Digital MBA Program Named Winner of EdTech Heroes Award (Oct 17)
Various media, including PR Newswire, Sina.com, 88IV, AsiaOne.com, TechSlack, etnet, a-performers.com, BusinessFocus, Hong Kong Invest, Macau Business, TTNews, zamag.net, dbpower.com.hk, ifeng.com, etnet, franchise.com.hk, reported that the Digital MBA Program for Global Leaders program received the Implementation Award in the Adult Learning Track of EdTech Heroes Award at the EdTech Month Summit held by charitable organization Esperanza.
Alternative Proposed for Linked Exchange Rate System (Oct 18)
In an HK01 article on the 40th anniversary of Linked Exchange Rate System, Prof. Emeritus Francis Lui, Department of Economics, said that HK could consider adopting a "Plan B" of pegging the HKD with non-USD currencies, such as the RMB, to reduce risks, as the economic cycles in HK and the US are no longer synchronized.
Deglobalization and the Global Business Degree (Oct 13)
In an FT.com article on the impact of the increasing deglobalization trend on EMBA programs, Senior Assoc. Dean Prof. Hui Kai-Lung, Academic Director of the Kellogg-HKUST EMBA program, was quoted as saying that many participants really treasure the in-person experience. They have little interest in online classes and prefer opportunities to share perspectives and build networks on campus.
Demographic Dividend in China (Oct 13)
In an HK Economic Times column article, Prof. Emeritus Francis Lui, Department of Economics, offered his take on the dissipating demographic dividend in China.
Digital MBA program Boosts Careers Prospects (Oct 12)
According to an HK01 advertorial, as the first online master's program of its kind in Asia, HKUST’s Digital MBA program received accreditation from AACSB and EQUIS, and is the first in Greater China to be part of the FOME Alliance. DiMBA student Arnold KWOK shared why he chose DiMBA and his learning experience.
JPEX Incident and Cryptocurrency Market (Oct 8)
Senior Associate Dean Prof. Hui Kai-Lung was interviewed in a Now TV current affairs program on the JPEX incident and the development of the cryptocurrency market. (clip1, clip2)
Migrant Workers’ Living Conditions (Oct 8)
In an SCMP article on China's migrant workers struggling to survive, Visiting Prof. Edwin LAI, Department of Economics, was quoted as saying that China has made historic achievements in reducing poverty, but the misery of migrant workers has exposed a weak spot in Beijing’s ambitious plans.
HKUST International Case Competition (Oct 6)
HKEJ and hkcd.com reported about the three-day HKUST International Case Competition organized by the School. A team of UG students from the National University of Singapore was crowned the champion. The second and third places went to the teams from HKUST and the University of Southern California respectively.
R&D-intensive Companies Enjoy Higher Market Values (Oct 5)
In an HK Economic Times column article by Assoc. Prof. WANG Shiheng, Department of Accounting, discussed why R&D-intensive companies have higher market values.