The Faculty of Business Administration (FBA) of the University of Macau (UM) has reached an agreement with the Bank of China, Macau Branch, to jointly launch new courses related to the featured financial services in Macao. The collaboration aims to nurture more finance professionals for Macao and promote economic diversification in the city. Prof Jean Chen, dean of the FBA, says that students will benefit from the experience of industry practitioners, adding that the partnership is a classic example of collaboration between industry, universities, and research institutes, and will help to broaden students’ horizons.

The FBA will offer two new courses related to the featured financial services in Macao, namely ‘Wealth Management’ and ‘Financial Services Industry in Macao’, as part of the curriculum of its Master of Science in Finance Programme. The courses will be taught by senior executives from the Bank of China, Macau Branch, as well as FBA faculty members and will cover various topics, including wealth management, financial leasing, trading of RMB-denominated bonds, using RMB to settle trade among China and Portuguese-speaking countries, and the impact of technological advances on financial industry.

In addition, starting the first semester of the 2019/2020 academic year, senior executives of the Bank of China, Macau Branch, will deliver guest lectures on financial services in Macao to both undergraduate and postgraduate students at UM. ‘Business engagement is critical to the continued success of the faculty. The collaboration between UM and the Bank of China, Macau Branch, sets an excellent example of business engagement to improve curriculum development and student experience,’ says Prof Chen. ‘It also helps broaden the research areas and facilitate the delivery of newly established research focus of the FBA.’

Source: Faculty of Business Administration

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