The Faculty of Finance Held Its Quality Assurance Committee Meeting for 2019/2020 Academic Year
The Faculty of Finance held its Quality Assurance Committee meeting for 2019/2020 academic year on Taipa campus on 21 July 2020. Because of the pandemic, some members joined the meeting online.
Pro-Rector Li thanked all industry experts, experts from academia and student representatives for attending the meeting online amid the epidemic. The Program Quality Assurance Committee is an important part of the University’s work. Pro-Rector Li spoke positively of the efforts the Faculty of Finance had made during previous years in assuring program quality. First, the Faculty of Finance would see the first batch of graduates of its Master of Finance program in the current year and the first batch of graduates of its PhD Program in Finance the next year. It was therefore hoped that industry experts, experts from academia and student representatives would provide constructive opinions on the difficulties and problems encountered by the Faculty of Finance in teaching during the previous year so that the Faculty’s teaching quality could be improved in the future.
Dean Adrian Cheung of the Faculty of Finance extended his heartfelt gratitude to Committee members for their support and help during the previous academic year and reported on the Faculty’s management of program quality assurance, including the teaching arrangements under the epidemic, online/offline teaching approaches, future program designs and teaching achievements etc. Associate Dean Eva Khong then talked about the activities conducted during that academic year to enhance teaching quality, including: organizing academic forums, lectures, workshops, exchanges and visits. Also, there were projects organized by the Faculty and industry to cultivate students. All the above aimed at enabling students to have diversified development. After that, Associate Professor Wu Zefu and Assistant Professor Lin Deqin, Course Coordinators of the Faculty of Finance presented a detailed overview of quality assurance for the Faculty’s Doctoral, Master’s and Bachelor’s Degree programs.
Committee members provided their views on enhancing teaching quality.
Director Chen Fan of the Bank of China Macau Branch said: The Faculty of Finance at CityU was the first in Macao and went through a tough period initially and the achievements of the Faculty of Finance are commendable. As alwyas, the Bank of China will continue to support the teaching and other activities of the Faculty of Finance.
Senior Treasurer Dr. Vincent, W. K. Huen of SJM Holdings Ltd. said: Raising the status of the University and the Faculty in the Greater China region is an important issue to be considered in their future development. In the process of improving its teaching quality, the Faculty should leverage its special characteristics, such as FinTech, to enhance the status of City University of Macau in Asia and raise the standards of the University. Another issue to be considered is how contacts with the education, financial, and technological departments of the Macao government can be strengthened.
Prof Yuen Chun Yip from the University of Macau: To solve the problem of student internship, the Faculty can consider adopting a more flexible policy. The Faculty should also encourage students to place greater emphasis on the implementation (such as case study) instead of focusing only on the academic aspect when producing a research paper.
Prof Xie Jun from the South China University of Technology: The Faculty of Finance has made remarkable achievements during the past academic year and significant work progress has been made, affirming the Faculty’s planning of FinTech courses. It is hoped that FinTech profession can be introduced soon. The two directions of digitalization of finance and monetization of technology should be looked at.
PhD student representative Ren Hanjun said: Agrees with the teaching approach adopted for the Doctoral Program of Finance offered by the Faculty of Finance. In particular, the multi-perspective experiential learning and multi-directional exchange models will provide comprehensive training to students.
Representative of Master’s Degree students, Lan Zimo, said: In terms of curriculum design, some students have a weak foundation at the beginning of study and find courses conducted in English difficult. It is hoped that in the future, the Faculty can have separate courses conducted respectively in Chinese and English for students based on their own situations.
Undergraduate student representative Zhang Zhonghan said: It is suggested that in the future, the Faculty should incorporate contents of CFA and other certificate examinations into the curricula with a hope to providing more training to help students prepare for certificate examinations.
Members of the Program Quality Assurance Committee spoke positively of the prompt response of the University and Faculty to the epidemic by conducting online teaching to enable students to continue with their study, attaining a certain degree of teaching achievement. In addition, members spoke on the teaching quality of the Faculty and they would further perform the role of a gatekeeper for the teaching and quality assurance of the Faculty by providing input on better teaching approaches to ensure that students would be able to study under a better teaching and learning system in the future.
Members of the 2019/2020 Program Quality Assurance Committee of the Faculty of Finance included: Li Qiang Deputy General Manager of Financial Markets Department, Bank of China Macau Branch, SJM Holdings Ltd, Prof Xie Jun from the South China University of Technology, Prof Yuen Chun Yip from the University of Macau, undergraduate student representative Zhang Zhonghan, Representative of Master’s Degree students, Lan Zimo and PhD student representative Ren Hanjun.
Dean Cheung said the Faculty of Finance collected views and suggestions from industry experts, experts from academia and student representatives at the annual meetings of the Program Quality Assurance Committee to keep up its efforts at proper management of quality assurance. He thanked the experts, teachers and students for their support of the Faculty. The Faculty would keep record of the suggestions put forward the meeting held that day, take them into consideration seriously and accept them.
Playback of the meeting:
https://web.microsoftstream.com/video/662689f6-d017-4283-8f0a-335cad8d6c4b