Congratulations! Two teams of our students won the Championship and 2^nd Runner-up in The Hong Kong Joint University Case Competition (HKJUCC) 2022.

Background:

Organised by the HKU International Case Society (HICS), the HKJUCC is an external competition among 16 student teams from 4 top universities in Hong Kong, including The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology and City University of Hong Kong. The competition aims at facilitating mutual learning, networking, and a constant exchange of ideas among like-minded individuals. Students who participated in the competition are expected to strengthen their case competition techniques.

Two rounds of the competition were conducted online on April 10, 2022 due to the pandemic. Participating teams were given 48-hour to prepare for the presentation at the Division Round in the morning. Eventually, four finalist teams (one best team from each division) were selected to compete for the Championship in the afternoon.

Meet our talented students

Champion

Team Name: Meraki Consulting

	Miss Hiu Lam HO (Team Leader) BBA(IBGM), Year 1
	Mr. Ho Ming CHEUNG BBA(IBGM), Year 1
	Mr. Hok Ching FUNG, Harold BFin(AMPB), Year 1
	Miss Hiu Yee LEE BBA(IBGM), Year 1

2^nd Runner-up

Team Name: Lighthouse Consulting

	Mr. Hyunwook KIM (Team Leader) BBA(IS), Year 1
	Mr. Muk Yan CHUNG BSc(QFin), Year 1
	Miss Mina MOK BBA(IBGM), Year 1
	Mr. Jeonghwan PARK BBA(Acc&Fin), Year 1

Students Sharing:

I am honoured to represent HKU Business School to compete in the HKJUCC 2022. Not only had HKJUCC sharpened my analytical skills, but more importantly, it had also polished my ability to work as a team. Solving a case within 48 hours was a new and challenging experience for me. I would like to express my gratitude to my teammates who have contributed according to our diverse talents. Together, we complemented each other and created a synergy that empowered us to crack the case in time. In addition, I would like to thank Dr. Winnie Leung, Mr. Kenny Lam and HICS for their continuous support throughout the preparation process. HKJUCC was a valuable experience that I will never forget.

(by Hiu Lam HO)

I never thought about getting into the final round, let alone being the champion team. Thinking back, I really appreciate the training organized by HICS, which was well-structured and had transformed us from knowing nothing about case competition to acing it. My heartfelt thanks to our trainer Mr. Kenny Lam for his constructive feedback that allowed us to improve our slides making and presentation skills. I would also like to thank the judges in the preliminary round for their questions and comments, which guided us to think more deeply about our strategies and prepare us for the final presentation.

HKJUCC is the first case competition I have joined with a 48-hour time limit to work on the case. It was a challenging yet memorable experience. Although our team finalized the strategies pretty late, we were able to finish the presentation slides on time with the hard work of my teammates. I felt privileged to represent HKU in HKJUCC 2022! With my honed case cracking skills, I definitely look forward to joining more case competitions in the future!

(by Ho Ming CHEUNG)

HKJUCC is the fifth case our team has worked on together. As long-time teammates in HICS and the HKU-UMP Business Case Challenge 2021, we already had a rough consensus on each member’s role and responsibility before this competition, which definitely made our case cracking process more efficient. Still, this year’s case was a big challenge to all of us, considering the sheer volume of information provided and the technological nature of the case. We did work as hard as we could, and I could not be more grateful that our hard work paid off.

I gained a lot of insight into the tech industry’s operations and business model from the case. While the complicated and interconnected businesses of Xiaomi added an extra layer of difficulty to the case, it certainly enriched my knowledge in the tech and smartphone industry.

(by Hok Ching FUNG, Harold)

Competing in the HKJUCC was a challenging yet rewarding experience. From analysing the company’s complex business model to devising innovative and sensible solutions for it, this competition challenged us in various ways. We were able to develop more robust business knowledge as we approached the case from fresh perspectives. We have gained much valuable insight, not to mention the incisive feedback given by the panel of expert judges. Winning first place in this competition was more than just a recognition of our hard work, it was an encouragement for me to challenge myself further. Kudos to my teammates for all the amazing dedication and efforts, I wouldn’t have been able to achieve this without them. Last but not least, I would like to extend my gratitude to HICS, especially our trainer, Mr. Kenny Lam, for the continued support.

(by Hiu Yee LEE)

Our team has been working together since the beginning of the academic year 2021-22 and it has been a long journey thus far. The HKJUCC was a good finale to our experiences at HICS. We were initially very worried because, unlike the other case competitions we’ve done so far, we only got 48 hours to work on the JUCC case. We faced a bit of communication problem on the first day because one of our members was not in Hong Kong. However, we managed to pull through in the end and came up with a presentation that we were satisfied with. Throughout this competition, we were able to reinforce how important teamwork is, especially when we got more tired as we progressed through our work. One of our biggest takeaways was how to divide work more efficiently. Before HKJUCC, we all assigned our roles to play during case cracking. However, such system didn’t work due to the limited time we had during this competition. To mitigate this, each of us adopted rotational positions. While we still focused on our main/primary role, we sometimes shifted roles to help other members with their work. This was especially helpful in the first few hours of the competition where the situation analysis and general research played a big part in creating a segway into our strategy.

(by Hyunwook KIM, Muk Yan CHUNG, Mina MOK and Jeonghwan PARK)

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

恭賀港大經管學院金融系教授劉挺軍博士獲頒2021-22年度「學院傑出研究學者獎」﹙Faculty Outstanding Researcher Award﹚。

劉教授是研究「拍賣理論」的優秀學者，他對金融學中證券投標拍賣 ﹙Security-bid Auction﹚ 這個較少有人涉獵的研究領域有精闢獨到的見解。過去五年，劉教授共有五篇研究獲刊登於國際頂尖學術期刊，包括《美國經濟評論》﹙American Economic Review﹚、《管理科學》﹙Management Science﹚、《經濟理論雜誌》﹙Journal of Economic Theory﹚及《金融雜誌》﹙The Journal of Finance﹚。

評審委員會表揚劉教授出色的研究質量，以及他透過創新研究為學術界作出的重要貢獻。

「學院傑出研究學者獎」於2013年設立，旨在表揚及嘉獎學者於商學及經濟學方面的傑出研究，並獲國際認可的非凡成就。

香港大學近日與英國特許管理會計師公會（CIMA）簽署協議，推出CGMA® 財務領袖課程。課程為全新遙距數碼自學模式課程，可自訂學習進度，以培育未來的商業和財務領袖。

CIMA 及港大經管學院將向所有商科本科和會計學碩士課程的學生，以及兩年內修畢該等課程的校友提供 CGMA® 財務領袖課程。課程以真實案例，教授一系列知識，涵蓋財務、會計、商業、人才管理、領導力和數碼技能，讓學生及校友建立成功事業，並成為 CIMA 會員及獲得全球特許管理會計師（CGMA）資格。

按此瀏覽更多。

港大經管學院的國際足跡

港大經管學院的校友網絡

港大經管學院的輝煌成就

熱衷於利用量化工具探索和拓展人類知識的界限，郝博士在博士畢業後便旋即在2021年7月以經濟學助理教授的身份加入港大經管學院。

1% 的天分，99%的努力

擁有過人的數理科天賦以及對研究人類行為的好奇心只是門檻，沒有一顆堅毅的心是成不了經濟學家的。郝博士說：「早在求學時期，我就已經比身邊的同學擁有更旺盛的好奇心和更強大的求知欲，所以我一直相信自己有責任成為一名學者，在知識的領域上推陳出新。創建新知固然非易事，我們需要查閲大量的文獻，與師長和同學進行反復的深入討論，才能得到啓發。」 對郝博士而言，經濟學的吸引之處在於其無處不在，以及能夠包含跨學科知識的無限潛力。例如，政治學和心理學知識，經常被用於解釋政策誘因和消費者行為。而歷史學中的歷史編纂學更能用於編輯經濟史志。

在眾多的經濟學議題中，郝博士對企業的決策過程最感興趣，故她的重點研究項目均集中在組織經濟學的領域上。組織經濟學研究消費者與企業之間的複雜互動，以及在同一個行業中不同企業之間的關係，學者們會透過觀察和分析從業員的行為，為決策者在市場設計上提供有科學根據的指引。

以智利數據模組化企業學習行為

在攻讀博士學位期間，郝博士因緣際會下得到來自智利製藥業市場的珍貴數據。郝博士利用這些數據在2020年研發了一個模型，解釋市場上互相競爭的企業組建價格同盟的過程。郝博士告訴我們，智利製藥市場在2000年初由三家大型製藥公司（Cruz Verde, FASA, Salcobrand）割據。由於智利政府當時尚未立法規管藥物的定價，三大製藥寡頭在2006年末展開了一場價格戰。但隨著Salcobrand的公司擁有權在2007年轉手，戰況出現了新的轉機。Salcobrand的新管理班子在履新後，旋即開始招聘來自另外兩家製藥寡頭的管理人員，並以他們為橋梁，與Cruz Verde和FASA的管理層展開了一連串秘密對話。當管理層之間建立了足夠的信任，智利製藥市場的三大寡頭便組成了一個價格同盟，在2007年11月至2008年四月期間，合謀操控了超過222種品牌藥物的價格。時至今日，這三家藥廠依然能夠透過販賣特定藥物謀取暴利。郝博士相信，在這三家公司的管理層建立互信後，成功建立了一套協調機制。

郝博士還在攻讀博士的階段，便成功設計了一個學習協調過程模型（learning-to-coordination process model）解釋合謀定價如何有效運作，令決策者能夠「計算」企業組建價格同盟的可能性，以及他們成功進行合謀定價的機率。郝博士有信心這項研究能夠幫助監管當局預測反競爭行為。有鑑於現時學術界就有關合謀定價的研究，大部分都集中在企業進行反競爭行為的過程，郝博士的研究可謂開創了學術界先河。這亦令她的論文在2020年榮獲加拿大銀行研究生論文獎（Bank of Canada Graduate Student Paper Award）。

「在這趟研究旅程中，我發現合謀定價是一個漸進的過程，這一點令我感到十分新奇。在價格同盟中，從業員會時刻學習如何提升和調整他們對盟友們的期望。傳統的經濟學理論認為企業是一個理性的角色，他們只能夠被動地作出反應。但根據我的觀察，他們的學習行為其實和人類非常相似。」郝博士說。

越洋加盟港大經管學院

以驕人的成績完成博士學位，郝博士決心繼續研究製藥公司的行為。放眼中國内地的製藥市場，郝博士認為回歸亞洲以及加盟港大經管學院是一個明智的選擇。她解釋：「亞洲有很多頂尖一流的商學院，但港大經管學院的年輕活力、開明的研究氛圍以及在亞洲學界擴展的決心，深深的吸引著我這名年輕、好奇、渴求空間發展的學者。除此之外，香港的獨特位置亦令研究人員接觸得到來自内地和海外市場的寶貴數據，我真的急不及待想馬上展開我的研究工作！」

郝博士現時在學院的經濟學碩士課程，教授有關應用經濟學。除教導書本上的知識外，郝博士希望能提升學生們的計算機編程水平。她説：「基於課程的時間所限，我不能教導他們學會所有的經濟學分析工具，所以我會轉為教授一些基礎的編程技巧。計算機編程聽起來好像和經濟風馬牛不相及，但擁有出色的編程技術，不但能幫助個人進行經濟學學術研究，更能助你在商界捉緊更多就業機會。」

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

千變萬化的金融世界一直深深吸引著游楊博士，驅使他踏上求知的道路，以科學和客觀的學術理論探索當中的奧妙。游博士立志窮畢生精力在知識前沿上推陳出新，他在2021年7月加入港大經管學院擔任金融學助理教授。

堅持創造知識不忘初心

「金融市場是一個很特別的領域，與此相關的議題多如繁星，而它們亦與普羅大眾的生活息息相關。以不斷攀升的樓價和波幅不定的股市為例，各地政府都一直致力研究不同的政策應對。然而商界亦不斷調整措施，以保障自身的權益。不同持份者之間的角力，以及他們之間錯綜複雜的關係真的非常刺激。這驅使我從社會風氣、文化以及制度的角度，研究這些金融政策所帶來的影響。」游博士說。但被問到為什麽他不選擇走進廬山，從政或成為公僕，游博士笑言學界才是最適合自己的歸宿：「學者們發表的研究與他們的收入幷不掛勾。身處學術殿堂，學者可以隨心所欲地研究不同的可能性、構思新的未來，成為真真正正的思維領導。」

成為港大學者前，游博士曾在美國某量化自營交易基金中擔任量化交易員，亦曾為臉書的虛擬貨幣團隊提供顧問服務。游博士一踏出校門後便旋即晉身高端金融圈，他的商界生涯，可以說是諸多經管學子夢寐以求的理想人生。但游博士幷未因為這段經歷而忘記初心，反倒令他成為學者的夢想更堅定。他說：「不要誤會，我非常珍惜在量化基金工作的經歷。直到這一刻，我依然覺得自己很幸運，能夠有機會參與編寫和執行不同的交易算法，並在過程中學會各類投資策略的注意事項。但金融從業員大多不願意花時間，研究交易算法能成功獲利背後的原因，或建立一套科學和客觀的理論作出解釋，因此回到學界追尋自己的理想。」

作為一名立志探索未知知識的學者，虛擬貨幣的不確定性、不穩定性和極具破壞性的本質，大大勾起了游博士的研究意欲。究竟虛擬貨幣會否打破美元霸權的地位？跨境貿易的技術壁壘，會否因為虛擬貨幣中的區塊鏈技術而從此消失？成為學者後，游博士擁有近乎無限的時間進行學術研究。他已經準備好利用自己的金融天賦，創造及探索各類超乎想像的新知識。他最近的一篇論文就研究了平台企業能否推動虛擬貨幣普及化。

構想一個平台企業兼任中央銀行的未來

電子禮券和購物積分對一般消費者而言並不陌生。大眾不時會利用這類電子貨幣在特定的平台上兌換各類産品和服務。但你曾否想過，這些獨有的電子貨幣有一天會享有和法定貨幣一樣的地位？

為探索這個問題的可能性，游博士研發了一個用於追踪可贖回代幣的模型，探索這類代幣的設計、特點和供應政策。最終游博士和他的團隊發現，除非這些代幣能爲消費者帶來非常可觀的便利，否則平台决不會研發一種能够在他們的銷售渠道以外能自由兌換的代幣。游博士進一步解析：「我們進行了一系列的理論分析，結果發現發行這類可自由兌換的代幣，對平台企業而言幷不划算。甚至對阿裏巴巴和亞馬遜這類富可敵國的平台企業，維持及發行貨幣的成本依然相當昂貴，而且會嚴重損害他們的盈利。」游博士這項研究開創了學界先河，同時團隊研發的代幣追踪模型別樹一格，深受學界中人欣賞。

港大乃跨學科研究的應許之地

雖然游博士是一名金融學者，但他的研究却擁有深遠的宏觀經濟學啓示。游博士告訴我們，港大經管學院自由的學術風氣在亞洲中可謂鳳毛麟角，非常適合他這類熱衷于進行跨學科研究的學者。他說：「在港大面試金融學助理教授一職時，我直言自己除了有意進行金融學的研究，亦有意同時進行一些關於經濟學的研究。學院非常鼓勵我多進行跨學科研究，尋找自己在學術上的真正興趣。這段經歷令我感受到港大經管學院真的非常重視對年輕學者的栽培。我亦非常期待和學院開明的學者合作。」

在這個學年，游博士會在金融學碩士課程和金融學碩士（金融科技）課程中執教。游博士認為，在香港這個國際金融中心攻讀金融學碩士的人，必然是以晉身金融圈為主要目標。作為教師，游博士鼓勵學員努力學習之餘，亦會主動了解本地市場運作以及邀請僱主來到課堂分享業界經驗。