For Jeffrey Ng, an MBA was at all times on the playing cards. After starting his profession as a administration advisor, 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 just a few years’ expertise, although, he left the group to broaden his information 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 wished to reap the benefits of the robust monetary market in better China.
Since Hong Kong is a gateway to China, he was eager to remain within the space, and started to analysis native colleges. 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 robust alumni community in finance drew Jeffrey to the varsity. In truth, monetary providers 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 enchantment. This allowed Jeffrey to check 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 recollects.
He discovered topics like derivatives very technically difficult at first, however with assist from friends and professors, he was capable of succeed. At CUHK, he recollects, college students had easy accessibility to their professors past class hours.
All through the training course of, the supportive neighborhood at CUHK helped Jeffrey proceed his improvement—each professionally and personally.
In the beginning 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.
Right this moment, Jeffrey can communicate together with his former friends, as a part of a 37,000 alumni community that stretches throughout 44 nations. Alumni work in various sectors like consulting, expertise, manufacturing, and finance.
“The alumni community is very robust in finance, which provides 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 abilities it requires to succeed.
“Understanding how folks really made selections in the actual world helped an important deal when making use of AI in banking, for example,” he explains.
“I [also] realized find out how 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 precious have been the networking alternatives on provide.
On the CUHK program, round 18% of scholars have a finance or monetary providers background, serving to them construct robust worldwide connections within the sector.
In addition to networking and taking fintech courses, Jeffrey had the possibility to compete in a stock pitching competitors. This concerned presenting an funding concept to a group of judges.
“Although I didn’t win, the process allowed me to practice applying my data mining skills to equity valuation,” he recollects.
From classroom to boardroom
Right this moment, Jeffrey is the pinnacle of fintech options at OneConnect digital bank in Hong Kong. The abilities he developed in the course of the MBA proceed to be relevant, he reviews.
In truth, Jeffrey credit CUHK with catalyzing his profession improvement. 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 information, and Jeffrey’s laborious 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 Better China
Finding out 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 progress seems to be set to proceed.
In Hong Kong itself, fintech progress can also be robust, with a digital funds market that’s increasing by round 10% annually.
“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 stable 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 International Economic 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 geared up 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 also construct on this foundational information, by specialised electives like Managing Innovation and Know-how, or FinTech Analytics.
For his half, Jeffrey is assured that the abilities and connections his MBA helped him construct will proceed to serve him nicely in his present function and past.
“Just a few fellow classmates have turn into my shut counsels, and we now assist one another in our careers and lives,” he provides.