ABS Student Won the Champion at KPMG International Case Competition
Team China, comprising Him Ho (Asian Business Studies, Year 4) and his teammates from CUHK Business School, became the winning team of 2017 KPMG International Case Competition (KICC). The team was the first team from Asia to obtain the title of KICC world champion. The KICC2017 was held in Lisbon, Portugal, on April 10-13, 2017. The theme this year is “To innovate, to disrupt, to transform”, featuring elements of Big Data, turning company data into useable insights and Fin Tech, using technology to drive disruption in the financial services industry. Credit: Video from KPMG This global contest has attracted more than 18,000 applicants from 480 top universities and has brought together the national winning teams from 23 counties to compete for the global final. Team China bested other national finalists and was crowned the champion by the innovative solutions and solid business case they generated.Him Ho, as a graduating student this year, shared his thoughts on his very last business case competition in his university life:“The KICC2017 has provided me with a valuable opportunity to meet and compete with the national champions from more than over 20 countries. It was a wonderful platform to be inspired by the others’ innovative business ideas and the speakers’ thought-provoking speeches. Other than attending the case competition, I have also enjoyed the special Portuguese cuisine and the beautiful view of Lisbon. The outdoor activities, meals, the parties, and every round of the competition were all exceptional and well-organised. Apart from the joy of being the global champion, I want to take this opportunity to thank my lovely team. I am delighted to have the opportunity to work closely with my teammates, Kayee, Marco, and Harry, who are all very bright business elites. I truly believe the synergy between us is incomparable to any other teams.To innovate, to disrupt, to transform. The KICC2017 is definitely a remarkable piece of memory that I will always cherish in my life.”
ABS Student Brought Home the Championship from KPMG Cup
On March 4, 2017, Him Ho (Asian Business Studies, Year 4) and his teammates from CUHK Business School bested nine other teams from top universities in the Greater China region and brought home the champion title of the 2017 "KPMG Cup" National Top Ten Invitational Business Case Competition (KPMG Cup). The team will represent the Greater China region to compete at the KPMG International Case Competition (KICC) in Lisbon, Portugal this April.The KPMG Cup was held in Xiamen University in a similar format to last year’s. All teams were given one week to analyse a business case and to formulate a well-rounded presentation. The best four teams in the first round were shortlisted and were then tasked with another business case analysis to be finished within 180 minutes. The teams presented their ideas to and were asked challenging questions by a judging panel comprised of top management executives of KPMG and scholars in top business schools. Him Ho concluded “The impromptu presentation of the short case has been the most challenging task in the entire competition. Honestly, the short preparation time was rather intense for the team to formulate a detailed analysis, and to create a content-rich yet concise presentation. Despite the challenges we faced, the team maintained a professional attitude and worked efficiently with an excellent division of labour, and by fully utilizing each other’s strengths and knowledge. This has been a valuable opportunity to learn from the competitors, from the judges, and from my teammates.”
ABS Student Captured the Champion in KPMG Business Administration Paper 2016
Him Ho (Asian Business Studies, Year 4) and Kayee Lam (Integrated BBA, Year 3) captured the Champion and the Best Presentation Award in KPMG Business Administration Paper 2016 on February 5, 2017. KPMG Business Administration Paper 2016 is an international business plan writing competition held annually by the Hong Kong Federation of Business Students (HKFBS). This year, with the theme “The Digital Entrepreneur”, the competition attracted over 300 teams. Participating teams were required to build a start-up model incorporating digital technology.Him Ho shared their ideas on the business plan “We understand that Hong Kong people love gourmet but are put-off by the long queuing time, and the high costs imploded by the main food delivery service providers. After some market research, we have identified a unique market opportunity to cater for the efficiency-oriented food-lovers in town. Our business proposal involves creating an online food delivery platform that forms a unique business partnership with local Hong Kong-styled restaurants (“Cha Chaan Teng”) to deliver low-cost, high quality food using foldable bicycles with trackable GPS locators.""My key to succeed in the competition is building mutual trust between teammates in addition to a practical business proposal and presentation skills. I would also like to give advice to the fellow students who are eager to join any kind of case competitions: always be passionate about your products and to be open-minded to take challenges from your teammates.” Him Ho added.
Come and Join Us! – ABS Transfer-in Application & Information Session (7th Cohort, 2017/18)
 The 7th cohort of Asian Business Studies (ABS) will soon accept transfer-in applications! Application Period: January 9 – 20, 2017 With an aim to foster young generation to become international business leaders who well-versed in Asian region, ABS provides you a rich exposure to business practices and culture in three of the most important business centers in Asia – Shanghai, Tokyo and Hong Kong, through a cohort exchange study at Shanghai Jiao Tong University, Waseda University and CUHK. For admission criteria, please go to “Start your application”. To learn more about and hear our current students’ experience with the program, please join and meet us at the Information Session: Date: January 12, 2017 (Thursday) Time: 6:30 p.m. Venue: LT6, 2/F, Cheng Yu Tung Building Registration: Please complete online form here (Deadline: January 11) Note: Students can only accept ONE offer from the three business streams under Integrated BBA Program of CUHK Business School (i.e. Asian Business Studies (ABS), Global Business Studies (GBS), and International Business and Chinese Enterprise (IBCE)).
A First Look at Private Banking
Nine ABS students paid a visit to UBS, the world’s largest private banking provider, on November 15, 2016. We were honored to have Mr. Thomson Cheung, Director of Wealth Management at UBS, sharing on insider tips on a successful career in private banking. With years of experience in investment banking, he has developed an extensive network and expertise in the industry.What is private banking? Mr. Cheung firstly introduced some basic knowledge concerning private banking and wealth management. The daily life of a private banker is very exciting but challenging. Private banking usually refer to financial services provided to rich people, which known as high-net-worth individuals with at least one million USD investable assets. Apart from offering exclusive investment-related service, private bankers also help managing client’s entire financial situation. More comprehensive services like developing specialized financing solution and retirement plan are also provided.Being successful is never easy and a long way to go. Mr. Cheung shared us the three key traits leading to a successful banker: honesty, persistence and of course, diligence. He elaborated that a banker shall be trustworthy, especially with an increasing attention on compliance issues after the financial crisis in 2008. He also reminded us clients do not come as granted and work is usually complicated. Only being persistent then you can go through difficulties. “You want to be great and successful? You must work very hard!” he added.Having a wide social network is very crucial that Mr. Cheung strongly emphasized.. He firmly believes that it is good to help others whenever you can and have some hobbies when it comes to building connections.The private banking industry is a fast-growing one. It is foreseen to provide even more promising careers in the future. We have deepened our understanding towards investment banking after this visit and are looking forward to a further exposure.By Michael Guo, Cohort 6 (Class of 2019)