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            HKUST 2011-2012 Annual Report
          
        
        
          SCHOOL OF BUSINESS AND MANAGEMENT
        
        
          
            Excellence in
          
        
        
          
            teaching and
          
        
        
          
            research
          
        
        
          The Kellogg-HKUST Executive
        
        
          MBA (EMBA) program was ranked
        
        
          first in the world by the
        
        
          
            Financial
          
        
        
          
            Times
          
        
        
          2011 EMBA global rankings
        
        
          for the third year in a row while
        
        
          the School’s MBA program was
        
        
          placed among the world’s top
        
        
          10 by the
        
        
          
            Financial Times
          
        
        
          Global
        
        
          MBA Rankings 2012, despite
        
        
          changes in rankings criteria.  The
        
        
          MBA program has now attained
        
        
          a three-year average of 8th in the
        
        
          world.
        
        
          In research, the
        
        
          
            Financial Times
          
        
        
          ranked the School’s performance
        
        
          first in Asia and 19th in the world.  This was echoed in the
        
        
          
            University of Texas at Dallas Top 100 World Rankings
          
        
        
          
            of Business Schools Based on Research Contribution
          
        
        
          , which placed the School top in Asia and 17th in the world.
        
        
          These attainments derive from the solid work of the School’s world-class faculty.  In 2011-12, more than 40
        
        
          articles were published by the School’s academics in top journals, as identified by the
        
        
          
            Financial Times
          
        
        
          .
        
        
          The School’s faculty members were honored for their research excellence.  Prof James Thong (Information
        
        
          Systems, Business Statistics and Operations Management) won the Information Systems Research’s ISR Best
        
        
          Associate Editor Award.  Prof Jing Zhu (Management) received the Scholarly Achievement Award from the
        
        
          Academy of Management (HR division).  Prof Jun Kim (Marketing) received the Frank M Bass Dissertation Paper
        
        
          Award from the Institute for Operations Research and the Management Sciences.
        
        
          Student achievements were also impressive.  Mr Lo Sze Ping, a student on the HKUST EMBA for Chinese
        
        
          Executive Program, was named a Young Global Leader for 2012 by the World Economic Forum, in recognition
        
        
          of his outstanding leadership and commitment to society.  Undergraduates had won a number of competitions
        
        
          including the 5th Annual Henkel Innovation Challenge held in Poland; Facing Disaster in the 21st Century
        
        
          organized by global youth think-tank Challenge: Future; the 2012 HSBC / McKinsey Business Case Competition
        
        
          in Hong Kong; and the AIESEC — Boston Consulting Group Social Enterprise Case Competition 2012.
        
        
          
            Pioneering global education
          
        
        
          Exciting arrangements made over the year saw the School partner with the University of Southern California
        
        
          in the United States and Bocconi University in Italy for the launch of the pioneering World Bachelor in Business
        
        
          in Fall 2013.  The undergraduate program aims to nurture future global business leaders by providing an
        
        
          unparalleled multi-campus, cross-continental learning experience.  New postgraduate programs prepared during
        
        
          
            At the HKUST Business School, 2011-12 has been another year of positive progress and
          
        
        
          
            achievement, with the School’s education programs and research continuing to be ranked
          
        
        
          
            among the best in the world by international media and academic institutions.