MASTV’s Special Report on the Faculty of Finance at the City University of Macau
MASTV’s special program “Guangdong-Hong Kong-Macao Greater Bay Area” aimed at “Connecting Guangdong, Hong Kong and Macao, Visiting the Greater Bay Area” recently produced a special report on the City University of Macau. Acting Rector Kong Fanqing, Dean Adrian Cheung and Associate Dean Eva Khong of the Faculty of Finance were interviewed. The program received wide attention after it was broadcast.
The special report covered the theme of the development of FinTech education at the Faculty of Finance. It introduced the talent cultivation system of the Faculty and the course designs that incorporated technology along the line of the cultivation of FinTech talent in the Guangdong-Hong Kong-Macao Greater Bay Area. The report did not only present an overview of CityU Faculty of Finance, showcasing the mission, teaching team and research achievements of the University but also showed different sectors of Macao and the Greater Bay Area the determination of the University to integrate with the country’s development plan and help promote the diversified economic development of Macao.
During the interview, Acting Rector Kong Fanqing talked about the general situations of the University, pointing out that with the support of the central government and the SAR government, and with the concerted efforts of all teachers and students, the University had made significant achievements in different areas, such as teaching, research and social services, provident talent for Macao SAR and Mainland China. She also said that CityU responded to the call of the SAR government to pioneer the cultivation of Macao’s financial talent and be innovative, becoming the first Macao university to set up a separate “Faculty of Finance” which offered FinTech courses and recruited both undergraduate and postgraduate students. That was the first and only among Macao universities.
By citing the actual situations of the Faculty, Prof Adrian Cheung, Dean of the Faculty of Finance, gave an overview of the curriculum reform of the Faculty of Finance to be carried out in the following five to ten years and of the development plan which would focus on FinTech, lease financing and green finance. In addition, Associate Dean Eva Khong of the Faculty talked about the teaching result-oriented approach adopted by the Faculty for cultivation of financial talent. The number of students for the Bachelor of Applied Economics program, Master’s of Finance Program and Doctoral Finance program was respectively 180, 84 and 42. The programs were designed with an aim to nurturing students with a solid foundation in economic and financial theories and equipped with capabilities of financial cognition and financial market analysis.
When interviewed by a reporter, Prof Tang Shiqi, President of Hengqin Financial Research Institute, Distinguished Associate Professor at the City University of Macau, said that in order to cultivate more FinTech talent, the Faculty had carried out curriculum reform by adopting a comprehensive approach for cultivation of financial talent, providing students with opportunities to visit financial institutions, have interviews, seminars and exchanges in addition to having classes at traditional classroom settings.
According to the “Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area” published by the State Council, financial development in the Greater Bay Area and Macao’s development of special financial products is a focus. The labour force of Macao reaches 390,000 but less than 10,000 are employed by the financial industry, falling short of the demand of Macao’s financial industry for professional talent. In view of this, the City University of Macau will increase the number of admissions, enhance its efforts to nurture FinTech talent and cultivate comprehensive financial talent in an effective manner to fill the talent gaps in the financial development of Macao and the Greater Bay Area.
To watch the TV program, please visit:
https://mp.weixin.qq.com/s/fPkiA691uyNALs8QpSCXPg
