HKU Faculty of Business and Economics undergraduate students won top prizes in the HSBC Financial Dialogue Series 2019 – Financial Innovation Case Study. This initiative is part of the HSBC Future Skills Development Project, which organised by The Hong Kong Federation of Youth Groups.

The final presentation was held on 17 August, brought together different university teams and business leaders who joined as the judges. Under the topic of “Enhance customers’ experience of financial capability by increasing awareness of risk and security on wealth management through a tech‐driven solution”, students were asked to develop innovative solutions with the use of technology, e.g. mobile application, platform that serves users to enhance customer experience, especially in a financial capability perspective. Through preparing a thorough analysis and proposal, students are able to develop critical thinking skills and unleash their creativity.

Team “Sequoia”, formed by six Year 3 FBE students, has proposed the concept of virtual credit card and won the Championship in the contest. The team said, “Coming up with the idea of using virtual credit card, we have explored new areas such as engineering and financial technology, and reviewed the existing situation of credit card fraud. The most challenging part in this case study was to project the effectiveness and financials of our solutions, and to employ models that are backed by comprehensive researches and grounded assumptions”.

“Our team consists of members of very different specialisation, backgrounds and internship experiences. The success attributed to our teammates’ strengths in respective areas and the seamless collaboration among all”.

Members of the Champion Team Sequoia are:
Pak Hin CHEUNG, BEcon&Fin, Year 3
Chin Yin KONG, BEcon&Fin, Year 3
Ho Leung LAM, BBA, Year 3
Yi Lam Yvonne HUI, BBA(Law)&LLB, Year 3
Tsz To LAM, BEcon&Fin, Year 3
Jennifer Wing Yee NGAI, BBA(Acc&Fin), Year 3

Two FBE students in Team Finnovators, which won the 1st Runner-up, are:
Pak Siu CHOW, BEcon&Fin, Year 3
Sai On TSUI, BBA(IS), Year 4

The annual ACCA Hong Kong Business Competition equips accounting and business students with accounting, business analysis and communication skills employers demand. 

The Competition this year was themed 'Social Intelligence – from local excellence to global vision'. Two social enterprises that have global or regional footprint are expanding their presence into Hong Kong. Contesting students were required to pick one out of the two social enterprise case studies, and develop a business proposal to optimise their business operations in Hong Kong. Finalists presented their proposals to the competition’s vetting committee, including Social Enterprise Business Centre representatives.

To help students prepare for the challenge, ACCA-qualified accounting professional acted as coaches for the Top 20 teams. A series of workshops were also provided to polish students’ business analytical, proposal writing, communication and presentation skills.

The Faculty and the students have won a total of six prizes in this competition.  With students’ enthusiastic participation, FBE has won the Top Participating Award. Two teams of FBE students also won five other awards including the 1st and 2nd Runner-up. Congratulations to them! Members of the two teams and the awards they obtained are:

1st Runner-up, Best Proposal Award, Creative Excellence Award, Best Presenter Award (Ho Chun Sum Sam*) – Team Appino 

Mr. Chan Chun Hin, BBA, Year 2 (1st from left)

Miss Chau Wing Ki, BBA(Acc&Fin), Year 2 (2nd from left)

Mr. Ho Chun Sum Sam*, BBA(Acc&Fin), Year 2 (2nd from right)

Mr. San Kwo Chin, BBA(Acc&Fin), Year 2 (1st from right)

2nd Runner-up – Team VRilliant

Mr. Chang Yoonseok, BBA(Acc&Fin), Year 4 (2nd from left)

Mr. Lee Seung Ju, BEcon&Fin, Year 4 (1st from left)

Mr. Rhee Donsung, BEcon&Fin, Year 4 (1st from right)

Mr. Yang Ji Woong, BEcon&Fin, Year 4 (2nd from right)

BSc(QFin) Year 3 student Miss Tao Mat Hay beat teams of university students and won the 2^nd Runner-up of the Treasury Markets Association Challenge 2018 on her own.

The competition aims at enriching students with professional knowledge on offshore Renminbi products. The TMA invited seven large institutions to provide internship interview opportunities to the winners. Thomson Reuters organised a technical training to assist the participants with their project. Each registered team was also offered a trial account of Thomson Reuter’s Flagship Market Data and Analytic Tools.

Each participating team was required to submit a report of their predicted 1Y tenor of Hong Kong Interbank Offered Rate in offshore Renminbi & Hong Kong Dollar published on a designated day. 18 submissions were received and 6 teams shortlisted to present to the panel of judges at the final.