September 20, 2024

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Hong Kong: Tech Innovation in Business Education

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The School of Business and Management of the Hong Kong University of Science and Technology (HKUST Business School) and Tsinghua University PBC School of Finance have signed a Memorandum of Understanding (MoU) to deepen their collaboration, particularly emphasising technological aspects.

Image Credits: HKUST, Press Release

This partnership includes launching a bilingual Doctor of Business Administration programme, fostering exchange opportunities for students and faculty, and developing non-degree executive programmes that leverage the technological strengths of both institutions.

This strategic cooperation aims to harness the technological advancements and expertise of both schools to foster cooperation in academic exchange, research, and education and training. HKUST and Tsinghua PBC School of Finance will collaborate on several initiatives, including the development of new academic programmes and research projects, with a focus on leveraging technology to drive innovation in business education and practice.

The MOU was signed in the presence of the HKUST President, the HKUST Vice-President for Administration and Business, the Dean of Tsinghua University PBC School of Finance, the Acting Dean of HKUST Business School, and other representatives from both universities. This high-level attendance underscores the significance of this partnership in enhancing the technological capabilities and academic excellence of both institutions.

The Acting Dean of HKUST Business School highlighted the importance of this collaboration in the context of rapid technological disruption and geopolitical changes. He noted that the partnership would create new opportunities for the economy and society, allowing students and faculty to engage with cutting-edge practices in international finance and China’s fast-developing economic landscape.

The Acting Dean expressed excitement about co-developing the new Doctor of Business Administration programme and emphasised the potential for further strengthening the partnership through additional academic exchanges, talent development, and industry innovations.

The Dean of Tsinghua University PBC School of Finance emphasised the long-standing fruitful partnership between the two institutions and the strategic importance of this new collaboration. He pointed out that this cooperation represents a deep integration of two leading institutions in business education and research, driven by a shared commitment to cultivating talents in finance, technology, and industry with a global outlook and local insight.

The Dean of Tsinghua University PBC School of Finance affirmed the commitment of Tsinghua PBC School of Finance to further deepen and broaden the partnership with HKUST Business School, with a focus on leveraging technological advancements to advance the nation’s business sector and foster national prosperity.

Tsinghua University PBC School of Finance built on the foundation of the Graduate School of the People’s Bank of China and leveraging Tsinghua University’s century-old educational resources, is dedicated to cultivating high-level, innovative, and international financial talents. The school’s emphasis on technological innovation aligns with the objectives of the partnership, which seeks to integrate cutting-edge technology into business education and practice.

HKUST Business School, a young and innovative institution, has established an international reputation for its world-class education programmes and research performance. The school’s commitment to advancing global business knowledge through technological innovation makes it a valuable partner in this collaboration. The partnership aims to create a synergy between HKUST’s expertise in technology and Tsinghua PBC School of Finance’s strength in finance and industry, fostering a holistic approach to business education that prepares students for the challenges of the modern economy.

This collaboration between HKUST Business School and Tsinghua University PBC School of Finance represents a significant step towards integrating technological advancements into business education. By developing new programmes and research initiatives that leverage the strengths of both institutions, the partnership aims to drive innovation, nurture talents, and contribute to the advancement of the global business sector. The focus on technology and innovation in this partnership highlights the importance of adapting to the rapidly changing economic landscape and preparing students to lead in a technologically driven world.

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