46
HKUST 2015-2016
Annual Report
47
In 2015-16, the School built on its solid foundation and global standing,
seeking to forge ahead with innovation and entrepreneurship
maintained its world-leading position in the Financial
Times EMBA global ranking, being placed at No.1 in
2016. This is the seventh time the program has topped
the international chart. The program has achieved a
place in the top three for 11 consecutive years. The
HKUST full-time MBA program was ranked Asia’s
No.1 again in 2016, the sixth time in the past seven
years that the program has secured the top spot in
the region. It was ranked No.14 globally. The Financial
Times ranked the HKUST MBA among the world’s top
25 MBAs for Entrepreneurship, becoming the only
Asia-based institution to feature on the list.
Locally, undergraduate students boosted their
reputation by winning multiple awards in competitions
organized by various highly respected professional
institutes. Three different teams clinched the top
prizes in competitions organized by the Hong Kong
Institute of Certified Public Accountants (HKICPA),
Hong Kong Society of Financial Analysts (HKSFA), and
Institute of Financial Planners of Hong Kong (IFPHK).
These achievements reflect the quality of SBM
students as well as the practical and rigorous training
provided by the School’s academic departments.
HKUST MBA students brought together 40 of their
peers from top business schools around the world
to compete in the School’s first Global MBA
Challenge. The overall championship of this
case competition ended in a tie between home
team HKUST and CIEBS.
BROADER AND CLOSER CONNECTIONS
The School played an increasingly active role
in business-academia collaboration. The School
Advisory Council, consisting of 38 local and
international business leaders and academic leaders,
provided valuable strategic advice and support.
Council expansion has seen members from more than
10 countries and regions join the consultative body,
a testament to the School’s effort in building a closer
link with the broader community.
T
he School appointed Prof Kar Yan Tam as the
new Dean. Prof Tam is a top international
information systems scholar and a founding
faculty member of the School. He joined
HKUST in 1992.
INNOVATION AND ENTREPRENEURSHIP
The School built on strengths across the University,
and its own tradition of innovation, to nurture
next-generation business professionals with cross-
disciplinary knowledge. This included preparation for
the Bachelor of Science in Biotechnology and Business
in 2016-17. The program represents one of the starting
points for cross-school collaboration to meet industry
and regional demand for such professionals.
The School enhanced the scope of its education
to offer students more entrepreneurial training and
access to resources and connections to transform their
creative ideas into solid value propositions, capitalize
on emerging opportunities, and promote technology
commercialization.
GLOBAL AND LOCAL RECOGNITION
The School continued its sterling efforts in research,
remaining No.1 in Asia in the University of Texas at
Dallas’ Top 100 Business School Research Rankings.
The Kellogg-HKUST Executive MBA program
During the year, the School partnered the Financial
Services Development Council in jointly organizing
two career forums. The gatherings brought together
distinguished financial leaders to give students
a closer look at career opportunities in the sector.
In the HKUST’s 25th Anniversary Distinguished
Speakers Series, the School invited Dr Raghuram
G Rajan, then Governor of the Reserve Bank of India,
to give a talk. Those attending included major figures
from the local business community.
The School continued to provide two company-
sponsored taught postgraduate programs: an MBA
program in Saudi Arabia and MSc program in Global
Management for Shinhan Financial Group in Korea.
These collaborations represent global recognition
of our programs.
In addition to degree programs, the School offers an
extensive list of business education programs to help
executives meet new challenges. Company programs
are tailored to meet the needs of organizations. In
2015-16, the School offered 34 company programs to
22 corporate clients, drawing over 1,200 participants.
In addition to faculty members, industry practitioners
were invited to share their expertise.
SCHOOL OF BUSINESS
AND MANAGEMENT
Financial Times Rankings
INTERNATIONALLY MINDED AND RESPONSIBLE
The School further expanded its international
learning environment, with around 130 global
partners at the undergraduate level and 80 at the
postgraduate level. The network provides valuable
overseas opportunities for students to gain insights
into different perspectives and cultures. Similarly,
high-caliber students from around the world are
attracted to the School, which boasts a diverse
student mix of over 40 nationalities, adding to the
vitality of student life at HKUST.
The School has introduced courses on topics such as
business ethics, social responsibility and responsible
leadership to align with the need of various programs
and different professions to address sustainability
and corporate governance. Undergraduate students
are also provided with options to take credit-bearing
social service learning courses and internships
to extend care to the community and experience
what it takes to be a responsible leader in the world
beyond the campus.
EMBA World
(2016)
No.1
MBA Asia
(2016)
No.1
