Facing off against 12 competitive teams across the globe, our students have come out on top and become the winner of the 32nd Annual Scotiabank International Case Competition! Let’s give them a round of applause!

Background:

The Scotiabank International Case Competition (SICC) 2022 was organised and hosted entirely by the Ivey Business School students. This year marks the 32nd edition of SICC which has attracted teams from the top business schools around the globe. As one of the most respected international case competitions, SICC has given students an unparalleled opportunity to be exposed to different cultures and gain real experience with international business.

The competition aims to provide a forum where undergraduate business students can experience real-world business problems through case preparations and learn from the diverse perspectives of the international competitors; to foster meaningful relationships among students and the business schools around the world; to provide an opportunity for industry and media to witness the future leaders of the business world, and to arouse public awareness of the growing importance of undergraduate business education.

Award: Winner

Team List:

Miss Jade Joyce NG, BBA(Law)&LLB, Year 4

Mr. Chun Wai TSANG, BBA(Law)&LLB, Year 3

Miss Sharon WONG, BBA(IBGM), Year 2

Mr.  Yui Pong YEUNG, BBA(Law)&LLB, Year 3

Faculty Advisor:

Dr. Winnie S.C. LEUNG, Assistant Dean (Undergraduate)

Students Sharing:

“The SICC 2022 was an unforgettable experience. Although I participated in various case competitions before, SICC is my first attempt at an international case competition. We had to come up with strategic solutions for the future of work of a company within 24 hours and it was not easy. Within the limited time frame, we conducted thorough research and analysed the impacts of hybrid working.

It was a tough, yet fruitful experience. Due to the pandemic, everything moved online and our team worked on a wholly virtual basis from preparations, discussions to presentations. Despite the physical limitations, our team was able to collaborate seamlessly. Working with James, Donald, and Sharon was a wonderful teamwork experience. We divided the work according to our strengths, and everyone was able to shine. Last but not least, I would like to send my heartfelt gratitude to our case coach Mr. Kenny Lam who equipped our team with the essential skills to ace a case competition. The achievement would not be possible without his guidance and support.”

– Jade Joyce NG, BBA(Law)&LLB

“First and foremost, I would like to thank HKU Business School for the splendid opportunity to participate in this prestigious competition. I would also like to express my gratitude to my teammates for their hard work and contribution. This was my first time joining an international case competition. Witnessing the caliber of other top business schools all over the world was exciting and rewarding. The judges asked thoughtful questions, which pushed us to analyse the case more comprehensively. Solving a case in 24 hours was also a new experience. It was challenging: research had to be completed and summarised swiftly to curate a coherent storyline, especially since the case — concerning the future of work — contained a lot of nuances that we have to consider.”

– TSANG Chun Wai, BBA(Law)&LLB

“I am glad and honoured to represent HKU in participating in the Scotiabank International Case Competition. As a Year 2 business student, I did not expect to have such an opportunity to join an international case competition due to my limited case competition experiences. Through this opportunity, I was able to meet some of the top professional business leaders and talented students all around the world and further developed my case cracking skills and analytical skills when solving real-life business cases with my teammates. At first, I lacked confidence and worried that I could not meet the high expectation. However, I was lucky enough to have my teammates and this year’s case coach, Mr. Kenny Lam, to support me and point out the areas that I should further improve on, which I value a lot. I am proud to be part of the team and achieved such success!”

– Sharon WONG, BBA(IBGM)

“The experience is eye-opening. It is fantastic to observe the variety of perspectives and approaches to resolving complicated business problems. I am especially inspired by the detailedness of strategies developed by other good-performing participating students. Besides, the judges have provided us with valuable comments which were constructive and helpful in further improving our business consulting skillsets. The virtual engagement and social events also allowed us to experience cultural diversity.”

– Yui Pong YEUNG, BBA(Law)&LLB

恭贺港大经管学院金融系教授刘挺军博士获颁2021-22年度「学院杰出研究学者奖」﹙Faculty Outstanding Researcher Award﹚。

刘教授是研究「拍卖理论」的优秀学者，他对金融学中证券投标拍卖 ﹙Security-bid Auction﹚ 这个较少有人涉猎的研究领域有精辟独到的见解。过去五年，刘教授共有五篇研究获刊登于国际顶尖学术期刊，包括《美国经济评论》﹙American Economic Review﹚、《管理科学》﹙Management Science﹚、《经济理论杂志》﹙Journal of Economic Theory﹚及《金融杂志》﹙The Journal of Finance﹚。

评审委员会表扬刘教授出色的研究质量，以及他透过创新研究为学术界作出的重要贡献。

「学院杰出研究学者奖」于2013年设立，旨在表扬及嘉奖学者于商学及经济学方面的杰出研究，并获国际认可的非凡成就。

香港大学近日与英国特许管理会计师公会（CIMA）签署协议，推出CGMA® 财务领袖课程。课程为全新遥距数码自学模式课程，可自订学习进度，以培育未来的商业和财务领袖。

CIMA 及港大经管学院将向所有商科本科和会计学硕士课程的学生，以及两年内修毕该等课程的校友提供 CGMA® 财务领袖课程。课程以真实案例，教授一系列知识，涵盖财务、会计、商业、人才管理、领导力和数码技能，让学生及校友建立成功事业，并成为 CIMA 会员及获得全球特许管理会计师（CGMA）资格。

按此浏览更多。

港大经管学院的国际足迹

港大经管学院的校友网络

港大经管学院的辉煌成就

热衷于利用量化工具探索和拓展人类知识的界限，郝博士在博士毕业后便旋即在2021年7月以经济学助理教授的身份加入港大经管学院。

1% 的天分，99%的努力

拥有过人的数理科天赋以及对研究人类行为的好奇心只是门槛，没有一颗坚毅的心是成不了经济学家的。郝博士说：「早在求学时期，我就已经比身边的同学拥有更旺盛的好奇心和更强大的求知欲，所以我一直相信自己有责任成为一名学者，在知识的领域上推陈出新。创建新知固然非易事，我们需要查阅大量的文献，与师长和同学进行反复的深入讨论，才能得到启发。」 对郝博士而言，经济学的吸引之处在于其无处不在，以及能够包含跨学科知识的无限潜力。例如，政治学和心理学知识，经常被用于解释政策诱因和消费者行为。而历史学中的历史编纂学更能用于编辑经济史志。
在众多的经济学议题中，郝博士对企业的决策过程最感兴趣，故她的重点研究项目均集中在组织经济学的领域上。组织经济学研究消费者与企业之间的复杂互动，以及在同一个行业中不同企业之间的关系，学者们会透过观察和分析从业员的行为，为决策者在市场设计上提供有科学根据的指引。

以智利数据模组化企业学习行为

在攻读博士学位期间，郝博士因缘际会下得到来自智利制药业市场的珍贵数据。郝博士利用这些数据在2020年研发了一个模型，解释市场上互相竞争的企业组建价格同盟的过程。郝博士告诉我们，智利制药市场在2000年初由三家大型制药公司（Cruz Verde, FASA, Salcobrand）割据。由于智利政府当时尚未立法规管药物的定价，三大制药寡头在2006年末展开了一场价格战。但随着Salcobrand的公司拥有权在2007年转手，战况出现了新的转机。 Salcobrand的新管理班子在履新后，旋即开始招聘来自另外两家制药寡头的管理人员，并以他们为桥梁，与Cruz Verde和FASA的管理层展开了一连串秘密对话。当管理层之间建立了足够的信任，智利制药市场的三大寡头便组成了一个价格同盟，在2007年11月至2008年四月期间，合谋操控了超过222种品牌药物的价格。时至今日，这三家药厂依然能够透过贩卖特定药物谋取暴利。郝博士相信，在这三家公司的管理层建立互信后，成功建立了一套协调机制。

郝博士还在攻读博士的阶段，便成功设计了一个学习协调过程模型（learning-to-coordination process model）解释合谋定价如何有效运作，令决策者能够「计算」企业组建价格同盟的可能性，以及他们成功进行合谋定价的机率。郝博士有信心这项研究能够帮助监管当局预测反竞争行为。有鉴于现时学术界就有关合谋定价的研究，大部分都集中在企业进行反竞争行为的过程，郝博士的研究可谓开创了学术界先河。这亦令她的论文在2020年荣获加拿大银行研究生论文奖（Bank of Canada Graduate Student Paper Award）。

「在这趟研究旅程中，我发现合谋定价是一个渐进的过程，这一点令我感到十分新奇。在价格同盟中，从业员会时刻学习如何提升和调整他们对盟友们的期望。传统的经济学理论认为企业是一个理性的角色，他们只能够被动地作出反应。但根据我的观察，他们的学习行为其实和人类非常相似。」郝博士说。

越洋加盟港大经管学院

以骄人的成绩完成博士学位，郝博士决心继续研究制药公司的行为。放眼中国内地的制药市场，郝博士认为回归亚洲以及加盟港大经管学院是一个明智的选择。她解释：「亚洲有很多顶尖一流的商学院，但港大经管学院的年轻活力、开明的研究氛围以及在亚洲学界扩展的决心，深深的吸引着我这名年轻、好奇、渴求空间发展的学者。除此之外，香港的独特位置亦令研究人员接触得到来自内地和海外市场的宝贵数据，我真的急不及待想马上展开我的研究工作！」

郝博士现时在学院的经济学硕士课程，教授有关应用经济学。除教导书本上的知识外，郝博士希望能提升学生们的计算机编程水平。她说：「基于课程的时间所限，我不能教导他们学会所有的经济学分析工具，所以我会转为教授一些基础的编程技巧。计算机编程听起来好像和经济风马牛不相及，但拥有出色的编程技术，不但能帮助个人进行经济学学术研究，更能助你在商界捉紧更多就业机会。」

FBE Student Leadership Award aims to recognise and reward HKU Business School undergraduate students who have demonstrated leadership within the University and the wider community; and to promote informal learning through students’ participation in extra-curricular activities, involvement in community service and student leadership.

Five FBE students have won the Award in 2021/22, the award winners are:

	Bhatnagar Pradyut, BEcon, Year 4   “I am extremely humbled to have been chosen as a recipient of the prestigious FBE Leadership Award for the academic year 2021-22. Hong Kong has been a consistent source of wonderful opportunities for me to chase, providing me with a very fulfilling environment. The support from the HKU Business School and the University means a lot and has played a strong role in my journey so far. In my capacity, I would like to allow the availability of a pathway for non-local students to step forward and take more initiative by setting up monthly small-talk circles wherein people can network in an effort to gain more knowledge and understanding in this city. I believe the next big thing is just one step away for a student, and HKU has been very supportive in all our journeys.”
	Chai Nok Ming, BBA(Acc&Fin), Year 2   “I am honoured to receive the FBE Leadership Award 2021 – 22 from HKU Business School. It is a remarkable recognition and encouragement for my effort in the past year, such as being the Chairman of the Business and Economics Association. It is also a tremendous motivation, inspiring me to utilise my ability to make an influential impact on society constantly.”
	Chen Ying Hei Helena, BBA(IBGM), Year 3 “It is my honour to receive the FBE Student Leadership Award, I am immensely grateful for the recognition. This would not have been possible without the support from my fellow teammates and the amazing people I have worked with, alongside the diversified enrichment opportunities provided by the HKU Business School. I will continue giving back to my community through various leadership and social initiatives in the future”
	Ngan Hoi Ying, BBA(Acc&Fin), Year 3 “I am grateful to be awarded the FBE Leadership Award in recognition of my achievements in student-led activities. The honour motivates me to further on creating positive impacts for the community when pursuing my passion for social entrepreneurship. It also inspires me to further polish my skills and strive for continuous improvements.”
	Yeung Yui Pong, BBA(Law)&LLB, Year 3   “I sincerely appreciate the support provided by the HKU Business School. It is my honor to receive the FBE Student Leadership Award. Realising one’s potential by demonstrating leadership in reality is definitely not an easy thing to do. Yet, this recognition has encouraged and motivated me to carry on, making solid contributions to our community, with passion and belief upheld.”

Learn more: https://ug.hkubs.hku.hk/support-and-development/prizes-and-scholarships/fbe-student-leadership-award

Two teams of students won four awards at the HKCGI Corporate Governance Paper Competition and Presentation Awards including 1^st Runner Up and 2^nd Runner Up for Paper Writing Competition as well as Best Presentation Award and Audience’s Favourite Team Award for Paper Presentation Competition.

The Annual Corporate Governance Paper Competition and Presentation Awards organised by the Hong Kong Chartered Governance Institute (HKCGI), launched in 2006, aims at promoting the importance of good governance among undergraduates of local universities and providing them with an opportunity to research, write and present their findings and opinions on the selected theme.The theme for 2021 was “Is it possible to tie governance with a sense of purpose given the myriad of stakeholders’ interests?’. Teams of undergraduate students in any disciplines in Hong Kong were required to submit papers with no more than 5,000 words on the theme.

Six finalist teams were selected and invited to make presentations to the panel judges at the HKCGI Corporate Governance Paper Competition and Presentation Awards 2021.

Awardee(s):

Paper Writing Competition: 2^nd Runner up

Paper Presentation Competition: Best Presentation Award & Audience’s Favourite Team Award

(From left) Lau Pak Hei, BBA(Law)&LLB, Year 2 and Man Lok Yiu Alanis Morissette, BBA(Law)&LLB, Year 2 

Paper Writing Competition: 1^st Runner up

Kwong Siu Lun, BBA(Law)&LLB, Year 3 (1^st from left) and Wu Pui Lam, BBA(Law)&LLB, Year 3 (middle)

(This team comprises 2 other team members from other HKU faculties.)

Students Sharing:

The HKCGI Corporate Governance Paper Competition and Presentation Awards 2021 was a memorable experience for both of us. We based our paper on how the lingering impacts of covid-19 have made corporations reflect on their core reason for being and how they can implement a purpose-tied governance model. As both of us neither had prior knowledge of corporate governance nor business ethics, we had to conduct thorough research on these subjects. Furthermore, we would also like to thank the official speech coach Mr. Oliver Williams for coaching our team for the presentation competition. Having a corporate purpose allows corporations to better respond to stakeholders’ needs. Having a life purpose allows us, as future pillars of society, to inspire, empower and lead.

(by Lau Pak Hei, Man Lok Yiu Alanis Morissette)

Our team is very grateful to be given an opportunity in the competition to share our views regarding corporate governance in Hong Kong.

When we wrote the paper, our team conducted comprehensive research in the field of corporate governance. This was an area we were not that familiar with. We made endeavours to compare the codes and regulations in different countries, studied real-life cases and analysed the topic from different perspectives.

The competition was a tough yet rewarding experience. We understood the roles that different stakeholders are playing in promoting good corporate governance practices, and how the law may help maintain and encourage such practices.

Lastly, we would like to thank our teammates for their strong support throughout the competition!

(by Kwong Siu Lun and Wu Pui Lam)

Learn more:

https://www.hkcgi.org.hk/news-event/cg-paper-competition-2021

千变万化的金融世界一直深深吸引着游杨博士，驱使他踏上求知的道路，以科学和客观的学术理论探索当中的奥妙。游博士立志穷毕生精力在知识前沿上推陈出新，他在2021年7月加入港大经管学院担任金融学助理教授。

坚持创造知识不忘初心

「金融市场是一个很特别的领域，与此相关的议题多如繁星，而它们亦与普罗大众的生活息息相关。以不断攀升的楼价和波幅不定的股市为例，各地政府都一直致力研究不同的政策应对。然而商界亦不断调整措施，以保障自身的权益。不同持份者之间的角力，以及他们之间错综复杂的关系真的非常刺激。这驱使我从社会风气、文化以及制度的角度，研究这些金融政策所带来的影响。」游博士说。但被问到为什么他不选择走进庐山，从政或成为公仆，游博士笑言学界才是最适合自己的归宿：「学者们发表的研究与他们的收入幷不挂勾。身处学术殿堂，学者可以随心所欲地研究不同的可能性、构思新的未来，成为真真正正的思维领导。」

成为港大学者前，游博士曾在美国某量化自营交易基金中担任量化交易员，亦曾为脸书的虚拟货币团队提供顾问服务。游博士一踏出校门后便旋即晋身高端金融圈，他的商界生涯，可以说是诸多经管学子梦寐以求的理想人生。但游博士幷未因为这段经历而忘记初心，反倒令他成为学者的梦想更坚定。他说：「不要误会，我非常珍惜在量化基金工作的经历。直到这一刻，我依然觉得自己很幸运，能够有机会参与编写和执行不同的交易算法，并在过程中学会各类投资策略的注意事项。但金融从业员大多不愿意花时间，研究交易算法能成功获利背后的原因，或建立一套科学和客观的理论作出解释，因此回到学界追寻自己的理想。」

作为一名立志探索未知知识的学者，虚拟货币的不确定性、不稳定性和极具破坏性的本质，大大勾起了游博士的研究意欲。究竟虚拟货币会否打破美元霸权的地位？跨境贸易的技术壁垒，会否因为虚拟货币中的区块链技术而从此消失？成为学者后，游博士拥有近乎无限的时间进行学术研究。他已经准备好利用自己的金融天赋，创造及探索各类超乎想像的新知识。他最近的一篇论文就研究了平台企业能否推动虚拟货币普及化。

构想一个平台企业兼任中央银行的未来

电子礼券和购物积分对一般消费者而言并不陌生。大众不时会利用这类电子货币在特定的平台上兑换各类产品和服务。但你曾否想过，这些独有的电子货币有一天会享有和法定货币一样的地位？

为探索这个问题的可能性，游博士研发了一个用于追踪可赎回代币的模型，探索这类代币的设计、特点和供应政策。最终游博士和他的团队发现，除非这些代币能为消费者带来非常可观的便利，否则平台决不会研发一种能够在他们的销售渠道以外能自由兑换的代币。游博士进一步解析：「我们进行了一系列的理论分析，结果发现发行这类可自由兑换的代币，对平台企业而言幷不划算。甚至对阿里巴巴和亚马逊这类富可敌国的平台企业，维持及发行货币的成本依然相当昂贵，而且会严重损害他们的盈利。」游博士这项研究开创了学界先河，同时团队研发的代币追踪模型别树一格，深受学界中人欣赏。

港大乃跨学科研究的应许之地

虽然游博士是一名金融学者，但他的研究却拥有深远的宏观经济学启示。游博士告诉我们，港大经管学院自由的学术风气在亚洲中可谓凤毛麟角，非常适合他这类热衷于进行跨学科研究的学者。他说：「在港大面试金融学助理教授一职时，我直言自己除了有意进行金融学的研究，亦有意同时进行一些关于经济学的研究。学院非常鼓励我多进行跨学科研究，寻找自己在学术上的真正兴趣。这段经历令我感受到港大经管学院真的非常重视对年轻学者的栽培。我亦非常期待和学院开明的学者合作。」

在这个学年，游博士会在金融学硕士课程和金融学硕士（金融科技）课程中执教。游博士认为，在香港这个国际金融中心攻读金融学硕士的人，必然是以晋身金融圈为主要目标。作为教师，游博士鼓励学员努力学习之余，亦会主动了解本地市场运作以及邀请雇主来到课堂分享业界经验。

港大经管学院金融学副教授黄诗杨博士近日获颁香港大学「杰出青年研究学者奬2020 – 2021」(Outstanding Young Researcher Award)。奖项旨在表扬40岁以下的年轻学者在研究方面的杰出成就。

黄博士自2015年于伦敦政治经济学院金融学哲学博士毕业后加入香港大学。他多年来一直致力于金融经济和金融市场方面的学术研究。他的多份研究论文曾于 《金融研究评论》(The Review of Financial Studies)、《金融经济学杂志》 (Journal of Financial Economics)、《管理科学》(Management Science)及《经济理论杂志》(Journal of Economic Theory) 等顶尖期刊上刊登。

黄博士指：「过去数年，我一直在进行信息市场、信息不足以及投资者交易行为研究，剖析金融市场失效 (market inefficiencies) 的前因后果。例如我其中一份研究报告指出行业交易所买卖基金 (ETFs) 能提供信息，帮助投资者分散行业风险，亦可让投资者根据个别公司的数据作出交易。而另一份发表的文章，则深入研究公开市场的机构投资者增加首次公开募股 (IPO) 前的投资，对创业投资者所带来的经济影响。 同时，我亦与英伦银行合作，分析不同的机构投资者在巩固英国政府债券市场的金融稳定性方面能担当的角色。其中一个合作计划包括探讨在2020年新冠疫情期间的政府债券危机，揭示美金的国际领导地位如何对英国政府债券市场带来意料之外的影响。」

「杰出青年研究学者」奬属「HKU Excellence Awards」的奖项之一。此年度奖项表扬香港大学学者的出色表现及具影响力的研究成果，同时鼓励他们在学术多元化及其专业领域上作出贡献。