For Jeffrey Ng, an MBA was all the time on the playing cards. After starting his profession as a administration marketing consultant, he used the diploma to develop his managerial prowess, and advance within the burgeoning realm of fintech.
After graduating from a bachelor’s diploma in computing and administration, Jeffrey started his skilled life with PwC. After a number of years’ expertise, although, he left the group to broaden his data of the broader enterprise world.
“An MBA was the next logical step if I wanted to advance within the finance and tech industry,” he explains.
On the time, Jeffrey was residing in Hong Kong, and needed to reap the benefits of the sturdy monetary market in better China.
Since Hong Kong is a gateway to China, he was eager to remain within the space, and commenced to analysis native faculties. This search quickly led him to the Chinese language College of Hong Kong (CUHK).
“I chose CUHK due to the breadth of its business programs,” he says. “I also liked the school’s rich roots in incorporating humanity, which is the foundation of good management.”
This, together with its sturdy alumni community in finance drew Jeffrey to the college. In reality, monetary companies is the highest profession path for CUHK MBA graduates.
This system’s versatile schedule, which permits college students to finish it over 12 to 48 months, added to its attraction. This allowed Jeffrey to review whereas working together with his new employer, BNP Paribas.
Launching a profession in fintech
Endeavor such a broad MBA program was not with out its challenges, Jeffrey remembers.
He discovered topics like derivatives very technically difficult at first, however with assist from friends and professors, he was in a position to succeed. At CUHK, he remembers, college students had easy accessibility to their professors past class hours.
All through the educational course of, the supportive group at CUHK helped Jeffrey proceed his growth—each professionally and personally.
Firstly of this system, he and his cohort took half in an outward sure expertise, which was nice for bonding together with his friends.
“The experience also led me to the hobby of hiking,” he provides.
Immediately, Jeffrey can keep up a correspondence together with his former friends, as a part of a 37,000 alumni community that stretches throughout 44 international locations. Alumni work in various sectors like consulting, expertise, manufacturing, and finance.
“The alumni community is very sturdy in finance, which supplies me a wealthy understanding in banking,” Jeffrey notes. One alumni connection—a managing director at BNP on the time—proved particularly useful, by opening up the world of company banking, and the talents it requires to succeed.
“Understanding how folks really made selections in the true world helped a fantastic deal when making use of AI in banking, for example,” he explains.
“I [also] realized easy methods to handle gross sales from him [this alumni], which has are available helpful for my present function working a gross sales group at OneConnect,” he displays.
Jeffrey’s MBA additionally helped cement his curiosity in China’s finance trade, by numerous programs and experiences. Among the many most dear have been the networking alternatives on supply.
On the CUHK program, round 18% of scholars have a finance or monetary companies background, serving to them construct sturdy worldwide connections within the sector.
In addition to networking and taking fintech lessons, Jeffrey had the possibility to compete in a stock pitching competitors. This concerned presenting an funding thought to a staff of judges.
“Although I didn’t win, the process allowed me to practice applying my data mining skills to equity valuation,” he remembers.
From classroom to boardroom
Immediately, Jeffrey is the top of fintech options at OneConnect digital bank in Hong Kong. The talents he developed throughout the MBA proceed to be relevant, he stories.
In reality, Jeffrey credit CUHK with catalyzing his profession growth. Being accepted onto this system prompted his former employer, BNP Paribas, to supply him an analyst function.
“I was considered for a role as part of the client marketing team for corporate and institutional banking,” he explains. “The bank supported me to study part-time, since I could contribute what I learned on the program to my team’s knowledge.”
This data, and Jeffrey’s arduous work, helped him advance with the corporate, reaching the function of coordinator for world protection options in lower than a decade.
Constructing a profession in Higher China
Learning in Hong Kong gave Jeffrey entry to China—the world’s fintech chief. In 2018, the nation’s fintech market was worth $25.5 billion, and development appears set to proceed.
In Hong Kong itself, fintech development can also be sturdy, with a digital funds market that’s increasing by round 10% every year.
“Hong Kong is the house of wholesale banking and Shenzhen is the middle of B2C fintech,” Jeffrey provides.
To different finance professionals hoping to construct a profession associated to China, Jeffrey recommends learning in Hong Kong like he did.
Understanding Hong Kong’s worldwide banking system lays a strong basis for a fintech profession in China, due to its ties and bodily proximity to the mainland.
CUHK additionally helps its worldwide college students construct this understanding by programs like China within the World Financial system, and thru profession treks to Shanghai and Shenzhen, the place they’ll join with potential employers in China.
Together with this publicity to China, the foundational technique programs Jeffrey studied outfitted him with the enterprise fundamentals he wanted to advance his profession within the nation.
“My current role involves sales and product development, and I often rely on the strategic management skills I developed at CUHK,” he feedback.
CUHK college students may construct on this foundational data, by specialised electives like Managing Innovation and Know-how, or FinTech Analytics.
For his half, Jeffrey is assured that the talents and connections his MBA helped him construct will proceed to serve him effectively in his present function and past.
“A couple of fellow classmates have turn out to be my shut counsels, and we now assist one another in our careers and lives,” he provides.