On the afternoon of 21 May 2021, the Faculty of Finance of the City University of Macau (CityU Macau) held an exchange and cooperation meeting with Tahoe Life Insurance Company (Macau) Limited (Tahoe Life) on the Main (Taipa) Campus. The meeting was attended by Deputy General Manager Walter Chen and Manager Lau Man Ling of Tahoe Life, Deputy General Manager Lam Hio Lou of Long Seng (Macao) Enterprise Limited, as well as Dean Cheung Wai Kong and Associate Dean Khong Yueng Wah of the Faculty of Finance of CityU Macau.
Dean Cheung Wai Kong extended a warm welcome to the representatives and gave a detailed introduction to the establishment background, curriculum, teaching philosophy and faculty members of the Faculty of Finance. Dean Cheung pointed out that the Faculty shoulders the responsibility and actively cooperates with the Macao SAR Government to promote the construction of the financial services platform between China and Portuguese-speaking countries and the development of the modern financial centre, offering degree programmes at all levels including Bachelor of Applied Economics, MSs in Finance and PhD in Finance as well as the small-class Finance Elite Cohort Program taught in English and the Joint Certificate Program with the International Association of Registered Financial Consultants (IARFC). Dean Cheung also mentioned that the Faculty of Finance of CityU Macau, as the only faculty oriented toward finance and economic disciplines in Macao and the first Faculty of Finance in Macao awarded Silver status validation by the Business Graduates Association (BGA), proves the high quality, high standard, professionalism and internationalisation of CityU Macau’s programmes. The Faculty is now actively establishing long-term cooperation with various enterprises and institutions and providing students with valuable learning opportunities.
Associate Dean Khong Yueng Wah gave an introduction to the Faculty of Finance’s past projects with various financial enterprises, presented its teaching achievements in cooperation with industries, universities and research institutions, and the financial seminars and academic gatherings conducted by the Faculty with the aim to provide a more diversified experience for students. She also demonstrated how the Faculty makes use of hardware and software resources and introduced the teaching function, supporting hardware and software and teaching achievements of the FinTech Laboratory in detail. On the other hand, the Faculty of Finance of CityU Macau, in cooperation with the Macau Institute of Financial Services (IFS) and the International Association of Registered Financial Consultants (IARFC) Hong Kong and Macau Centre, has been offering the IARFC programme for seven years and nurturing talent for the industry and thus contributing to the financial services industry in Macao. Associate Dean Khong noted that the Faculty is now actively establishing a long-term cooperative relationship with financial enterprises and institutions and providing students with valuable learning opportunities to strengthen their theoretical and practical abilities to meet the future development of the financial services industry and the urgent demand for financial talent.
Mr Walter Chen, Deputy General Manager of Tahoe Life, introduced the history, development and corporate culture and background of Tahoe Life and emphasized the importance of shifting from the single-pillar economic structure to economic diversification in Macao. Mr Chen expressed his conviction that the financial services industry and insurance industry in Macao offer promising prospects with huge room for development in the market. Tahoe Life hopes to nurture talent for Macao through cooperation and connection between the industry and higher education institutions.
Ms Lam Hio Lou , Deputy General Manager of Long Seng (Macao) Enterprise Limited, said that the support and training of higher education institutions are essential for the development of enterprises and the upward mobility of talent. Enterprises can support outstanding managerial staff to further their study in higher education institutions, with diversified and flexible learning methods both online and offline, to cultivate future core talent for Macao’s enterprises.
In the meeting, the two parties deepened mutual understanding and cooperation and conducted an extensive discussion on jointly fostering financial talent in Macao, inviting the senior management and experts in the insurance industry to CityU Macau for academic exchanges, gatherings, seminars and experience sharing sessions, carrying out summer internship programmes, establishing a research and study platform, and conducting joint scientific research projects. Moreover, the Faculty and Tahoe Life held a preliminary discussion on enrolling Tahoe Life’s employees in the Faculty of Finance’s programmes for further studies, training and obtaining relevant designations in the industry, as well as on hosting a summit for the industry in the future. Through the meeting, the two sides hope to build a platform for a long-term cooperative relationship in the future, so as to contribute to the cultivation of talent for enterprises, Macao and the Guangdong-Hong Kong-Macao Greater Bay Area and the sustainable development of the insurance industry in the Greater Bay Area.