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  Issue 17 | Archive November 2013

RMI Welcomes the First Cohort of NUS-PKU DDP Students

On 29 August 2013, Prof. Andrew Lim, RMI¡¯s Master of Science in Financial Engineering (MFE) Program Director traveled to Peking University (PKU) HSBC Business School (PHBS) in Shenzhen to welcome the first batch of NUS-PKU Double Degree Program (DDP) students at the program¡¯s orientation.

Prof. Lim gave a presentation on the program structure and the curriculum, and provided a glimpse of life at NUS. The mostly Chinese students were recruited from the top universities across China. Among others, they graduated from the Peking University, Nanjing University and Tsinghua University. The inaugural batch of 50-odd students will be arriving on the NUS campus in Singapore during June 2014.

The DDP is an extension of the popular MFE program which has been offered by NUS since 1999. The DDP students are candidates from PHBS who have demonstrated outstanding academic ability and affinity for financial engineering. Using English as a medium of instruction, PHBS is unique among its peers in its commitment to developing graduates who are superbly trained, bilingual, and culturally aware. Graduates from PHBS will be prepared to take their places as leaders in their fields in China and around the world.

“The program is structured in such an exciting way and I’m sure I can gain different exposures through the overseas study at NUS, which is now the best university in Asia,” said one of the new DDP students. “Of course, I also hope my DDP degree can give me some competitive advantage in my career aspiration in the financial industry,” he added.

Classes will be scheduled to fit both institutions’ academic calendars in order for the students to gain maximum exposure on both campuses. For example, DDP students will read their core MFE modules such as Stochastic Calculus & Quantitative Methods and Financial Econometrics at NUS during the Special Term. Classes will be held intensively over four weeks, similar to the format for Executive MBA programs. This is to allow students access to the world class NUS faculty and be able to complete both degrees within three years. DDP students will spend two semesters on the NUS campus, and through which they gain direct exposure to the larger NUS community.

“I warmly welcome the first cohort to this program and look forward to hosting them in Singapore soon,” shared Prof. Lim, who is also a Professor at the Department of Decision Sciences & Department of Finance at NUS. “I am confident that the DDP students will have the additional benefit of developing a second core business competency from their studies at PHBS in addition to financial engineering. This ensures that students will have both broad based knowledge and in-depth understanding, enabling them to be constructive and responsible leaders in the financial industry,” he said.

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Published quarterly by Risk Management Institute, NUS
Editor: Ivy Wang (rmiwy@nus.edu.sg)