Singapore Study Trip Showed the Limitless Future of FinTech to ABS Students

17 Nov 2017

A group of 10 students from Asian Business Studies (ABS) Program participated in a three-day study trip to Singapore from 2 - 4 November 2017. Led by Dr. Anson Au Yeung, ABS Program Co-Director, the group developed their insights into Singapore’s business environment, and its position as one of the leading business hubs of Southeast Asia through company visits and lectures.

Students first visited Otonomos, an international FinTech start-up, where they were introduced to the concepts of blockchain technology, and how the company transformed and streamlined traditional companies’ incorporation and governance processes through digitalization.

Visit to Otonomas

During the visit to National University of Singapore (NUS) Business School, students attended a lecture by Prof. Toh Mun Heng, where they learned how the country’s economy flourished under the leadership of Mr. Lee Kuan Yew, through the development in industries, including manufacturing, trade, business services, and finance.

Lecture by Prof. Toh Mun Heng, NUS Business School : "Singapore Story of Economic Development"

The final stop of company visits took students to Citi Innovation Lab in Changi Business Park. Students were greeted by the industry experts from Citi Innovation Lab team, who shared valuable insights of how the landscape of the banking industry has transformed with the introduction of FinTech. Students also enjoyed an interactive workshop to gain first-hand experience of the bank’s design thinking process, and to learn how to utilize the same concepts to create their very own innovative products and services.

Innovative Design Thinking Workshop at Citi Innovation Lab in Singapore

“For a business student, understanding the latest industry trend and the increasing complex global business environment is much more important than mastering textbook knowledge,” shared by Michael Guo (ABS, Year 3). “The trip was insightful and valuable to prepare me for the challenges ahead. Exploring Singapore allows me to have a more comprehensive view of Asian business.”

Click here to view more trip highlights on the CUHK Business School website