People's Daily Online takes you into UIBE|Exclusive interview with Professor Zou Yasheng, Dean of the w88 casino of Finance
In order to let candidates better understand the w88 casino, the Education Channel of People's Daily invited more than ten deans of undergraduate colleges of the w88 casino to conduct theme interviews. Through detailed interpretation of the college's educational philosophy and professional features, candidates and parents can have a more comprehensive understanding of the w88 casino, and more specifically choose the colleges and majors that suit them.
The person invited in this issue isDean Zou Yasheng, w88 casino of Finance, w88 casino. Dean Zou Yasheng is the dean of the w88 casino of Finance at the w88 casino, a Ph.D. in economics and a professor. He has published several academic papers, undertaken many national, provincial and ministerial projects, and has wonAn advanced worker in financial education from the China Financial Education Development Foundation, the first Hongru Foundation Finance Outstanding Teacher Award, and concurrently serving as a director of the Beijing Finance Society and an executive director of the China University Financial Education Golden Course Alliance.
Basic overview of the college
Moderator:Hello, Dean Zou, welcome. We invite Dean Zou here today, mainly because he wants to introduce to us a specific situation of the w88 casino of Finance at the w88 casino, so that we can have a better understanding of the w88 casino of Finance at the w88 casino. At the beginning of the program, please give us a brief introduction to the basic overview of our college?
Zou Yasheng:Hello everyone, candidates and parents of candidates. I am Zou Yasheng, dean of the w88 casino of Finance at the w88 casino. The predecessor of the w88 casino of Finance at the w88 casino was the China Institute of Finance directly under the People's Bank of China. It was officially established in 1987 and enrolled the first undergraduate class.
China University of Finance and Economics came into being amid the tide of national financial reform and development. Its establishment and development have received the cordial care and support of the older generation of leaders of the party and the country,Comrade Deng Xiaoping inscribed the name of the China Institute of Finance, Comrade Chen Muhua served as the honorary dean of the institute, Comrade Chen Yun, an older generation revolutionary, inscribed "Run the China Institute of Finance well and cultivate a new generation of bankers". Comrade Liu Hongru, the first chairman of the China Securities Regulatory Commission, personally served as the first dean.
In 2000, in order to meet the needs of the era of economic and financial professional training, the original China Finance Institute and the w88 casino merged to form a new w88 casino. In 2001, the w88 casino of Finance of the w88 casino was established on the basis of the former Department of Finance, Department of Business Administration, and Department of International Economics of China University of Finance and Economics. Since then, the w88 casino of Finance has entered a new stage of development.
Today, the w88 casino of Finance has gone through 33 years, and currently has 104 faculty members and more than 2,300 full-time students. It has achieved outstanding results in faculty building, talent training, scientific research, social services, etc., and has become one of the first-class, internationally renowned, and largest financial education and research platforms in China.At present, the w88 casino of Finance has 89 full-time teachers, including 28 professors, 32 associate professors, and 29 lecturers. The doctoral degree rate of full-time teachers reaches 90%, 70% of teachers have overseas study experience, and nearly 30% of teachers are returnees from famous schools.In terms of scientific research, teachers of the college have undertaken major national scientific research projects, key scientific research projects, and many scientific research projects of Beijing Municipality and the Ministry of Education. Many teachers have published academic papers in top international and domestic academic journals. In terms of teaching and research, the teachers of the college have achieved fruitful results and have won several awards for outstanding teaching achievements at all levels, as well as the special prize of the Zhixiang Cup National Experimental Teaching Case Competition.
Professional settings
Moderator:After listening to Dean Zou’s introduction just now, we can see the glorious history of the w88 casino of Finance. Then we would also like to ask you to introduce to us, what is the current professional setting of w88 casino of Finance?
Zou Yasheng:The w88 casino of Finance currently has three undergraduate majors, namelyFinance major, Financial Engineering major and Investment major;There are three master’s degree authorization points, namelyAcademic Master of Finance, Professional Master of Finance and Master of Financial Engineering;There are also two doctoral degree authorization points, that isPh.D. in Finance and Ph.D. in Financial EngineeringDegree.
The three undergraduate majors in w88 casino all belong to the first-level discipline of applied economics, and the applied economics in w88 casino is inThe result of the fourth round of subject evaluation by the Ministry of Education in 2017 was A, ranking in the top 2% nationwide and fourth,Highlights its relatively leading position among domestic universities. About the Master of Finance program, inRanked into the top 20% in the evaluation of the first batch of finance master’s degree authorization points. In the first-level subject rankings of finance master’s degree for two consecutive years in 2016 and 2017, it ranked second in the country overall.
The finance major of our college is one of the earliest finance undergraduate majors in China. It has a history of 33 years. It is a national-level specialty and a key discipline in Beijing. The financial engineering major of our college is the best among domestic collegesOne of the earliest financial engineering majors. It is also a national-level specialty, a Beijing specialty and a first-class major in key construction. It is also a major in the Double First-Class Major Construction Project of the Ministry of Education.Both the finance major and financial engineering major in our college have been rated as double first-class majors. The investment major in our college is a major with a traditional history. It focuses on cultivating professionals who can invest and acquire in the capital market. It is a specialty major in Beijing.
In a general sense, the study of finance mainly studies the intertemporal allocation of financial resources. Here is a brief introduction to the training characteristics of our majors.
Finance major,Committed to cultivating senior financial professionals who have both ability and political integrity, strong cross-cultural communication skills and broad international vision, solid economic and financial theoretical foundations, cutting-edge financial professional knowledge and basic financial business skills, excellent overall quality, innovative spirit and development potential. The finance major itself focuses on the study of macro monetary policy, international finance, and commercial bank operations and management, and is one of the oldest majors.
Investment major,Mainly committed to cultivating high-quality talents with both political integrity and talent, who are familiar with international financial rules, have a solid foundation in economic and financial theory, master basic techniques of investment analysis and portfolio management, and are able to engage in research and practical work in the fields of investment analysis, financial asset portfolio management, investment and financing decision-making analysis, etc. in domestic and foreign financial institutions, enterprises and institutions. The investment major focuses on investment and financing analysis and research in capital markets as well as research on corporate finance and corporate governance.
Financial Engineering Major,Mainly committed to cultivating international application-oriented high-quality professionals who have both ability and political integrity, are familiar with international financial rules, have a solid foundation in economic and financial theory, master financial engineering technology, and can engage in research and practical work in the fields of financial product design and pricing, risk management, and financial asset management in domestic and foreign financial institutions, enterprises and institutions. The financial engineering major mainly focuses on financial literacy, quantitative technology and engineering design.
Talent training system
Moderator:Okay, Dean Zou. w88 casino of Finance is the cradle of a new generation of bankers. What are the characteristics and highlights of the w88 casino’s talent training?
Zou Yasheng:As mentioned before, Chen Yun’s inscription is “cultivating a new generation of bankers”, so how do we train students and what kind of training system can we provide?
The w88 casino of Finance has a complete talent training system for undergraduates, masters and doctoral students. In 2020, our undergraduate enrollment will no longer be based on broad categories. We will enroll students in three specific majors: finance, financial engineering, and investment. This is based on the 2019 undergraduate teaching evaluation and based on the professional characteristics of these majors proposed by evaluation experts. At the undergraduate level of the w88 casino of Finance, in addition to the normal training process, we also set up experimental classes with different characteristics; at the master's level, we set up special projects for the quantitative investment master's degree.
While cultivating compound talents, we also pay special attention to cultivating innovative and top-notch talents. The undergraduate talent training of the w88 casino of Finance can be summarized as “five pillar characteristics”.
The first pillar is the gradient talent training model.Specifically, we have set up special experimental classes at different time stages.
The first category is a quantitative finance experimental class for college entrance examination enrollment. The quantitative finance experimental class is affiliated to the financial engineering major. The characteristic of this class is that in addition to receiving professional financial literacy training, students in our undergraduate stage also have computer and programming courses, so that students can enter the practical stage of quantitative investment after graduation. Therefore, this is a very unique experimental class. At the same time, the quantitative experimental class is actually an experimental class where we further apply modern financial technology and have financial technology characteristics.
The second category is the Hongru financial talent training experimental class selected immediately after entering the w88 casino and the financial technology experimental class jointly organized with the w88 casino of Information. The Hongru Talent Experimental Class is mainly aimed at cultivating academic talents. In other words, for students who are interested in pursuing an academic career in the future, we support them to enter the Hongru Talent Experimental Class. This financial technology experimental class is mainly to keep up with the development trend of the times. It is an indisputable fact that financial technology has been widely used in the financial field. Therefore, for the w88 casino of Finance of the w88 casino, in order to meet the requirements of the times, the w88 casino of Finance and the w88 casino of Information jointly established a financial technology experimental class. If students can successfully complete the experimental class,Finally, you can get a double degree certificate, getting a degree in finance and a degree in information management.
The third category is the CFA experimental class we set up in the third year of undergraduate studies based on the career guidelines of the Chartered Financial Analyst Institute in the United States. The full name of the CFA experimental class is the Chartered Financial Analyst Experimental Class, which is part of the investment major. The biggest feature of this experimental class is its professional and employment characteristics. Because the CFA certificate is calledThe stepping stone to Wall Street,After our students have experienced the training of the CFA experimental class, based on the experience of successfully training students in the past,As long as students take the CFA certificate exam, they are basically 100% guaranteed to obtain the CFA Level 1 certificate. Students can also continue their studies or take the Level 2 or Level 3 certificates on their own efforts,So this is a very unique training.
This is the first pillar, which is about innovative and top-notch characteristic experimental classes.
The second pillar is the setting of special courses.In accordance with the principles of solid foundation, wide caliber, and high-end, the w88 casino of Finance makes full use of the high-quality teaching resources of the w88 casino and sets up a series of courses covering basic quality education, basic tool teaching, and professional required courses to improve students' quality in an all-round way. Then in the setting of the curriculum system, we not only consider the basic theories and basic skills in finance-related fields, but also consider the basic knowledge of economics, mathematics, statistics, accounting and other disciplines closely related to finance majors, and also consider allowing students to master the econometric analysis and modeling methods of finance and economics，And be proficient in data processing and quantitative analysis, and understand the latest developments in financial technology. At the same time, it is considered to cultivate students' sense of innovation, whether they have a solid mathematical foundation and strong policy analysis ability, as well as the ability to analyze and solve financial problems. Students are also required to be proficient in at least one foreign language, have cross-cultural communication skills and teamwork spirit. This is our second pillar
The third pillar is strong teaching staff.The faculty of the w88 casino of Finance has developed very rapidly. It has a teaching and research team with a common vision, professional titles, academic qualifications, age and college structure that are reasonable and have the potential for sustainable development. The teachers of the college have been selected into a number of national, provincial and ministerial level outstanding talent projects, including enjoyingSpecial Experts from the State Council Government, National Famous Teaching Teachers, National Young and Middle-aged Experts with Outstanding Contributions, Ministry of Education’s New Century Excellent Talents Plan, Beijing Famous Teaching Teachers, Outstanding Teachers, Advanced Individuals in Teacher Ethics, Social Science Theoretical Talents 100 Talents Project, Capital Education Pioneer Innovation Individuals, Hongru Financial Education Foundation China Financial Discipline Lifetime Achievement Award, Outstanding Teacher Award in Finance, etc.We have an excellent teaching team in Beijing, including the Capital Education Pioneer Advanced Group. We have a group of old, middle-aged and young academic leaders such as Wu Jun, Qiu Zhaoxiang, Ding Zhijie, Wu Weixing, and Yin Jianfeng. We also employ well-known domestic and foreign experts and scholars such as Liu Hongru, Du Jinfu, Zhang Xiaohui, Sun Guofeng, and Ba Shusong as honorary professors, visiting professors, and doctoral supervisors. At the same time, we have specially hired 7 famous foreign professors.
The fourth pillar is rich international exchanges.The college gives full play to the international characteristics of the w88 casino and attaches great importance to cooperation and exchanges with outstanding foreign universities. Students can passVisiting student program, double degree program, short-term study program, master’s preparatory programand other various channels, you can visit world-renowned universities for further study, including short-term winter and summer programs, as well as credit exchange programs for one semester or one academic year.
The fifth pillar is strong social support.This is the tradition of w88 casino of Finance. The w88 casino focuses on cultivating students’ practical abilities, conducts industry-university-research cooperation with many financial industry and well-known enterprises, establishes student internship bases, and cooperates to cultivate talents. At the same time, we have established a unique alumni mentor system. Alumni mentors are composed of outstanding graduates from the past two decades. All undergraduates can apply for alumni mentor guidance during their studies, so that students can experience the actual situation of the financial industry while still in w88 casino. The college’s postgraduate education also focuses on cultivating students’ practical abilities.The college is one of the first units to be authorized to obtain a master's degree in finance. Currently, nearly 200 students are enrolled in the master's degree in finance every year.The college also has a team of nearly 100 industry instructors. Unlike alumni mentors, these mentors are specialized industry mentors, mainly fromExperts and scholars from government departments, regulatory agencies, major banks, financial institutions, and scientific research institutes,Working with the tutors in the w88 casino to train our graduate students, the graduate students in the college not only have a solid foundation in economic and financial theory, but also are proficient in and master the knowledge and skills in professional fields. In fact, after our undergraduate students obtain the qualification to be recommended for postgraduate study, they can receive integrated master's and doctoral training, which opens up channels for further study for our high-quality top talents.
Employment status
Moderator:Okay. We all know that finance is a very popular major now, and many candidates are more inclined to apply for our finance major. Then this next question may be one that our candidates and parents are more concerned about and interested in. What is the employment situation of graduates from w88 casino of Finance? I would also like to ask Dean Zou to introduce it to us.
Zou Yasheng:This issue is indeed closely related to the future of our candidates and their families, so everyone is very concerned about it, and we can understand it. The student pool of the w88 casino of Finance is very outstanding, which we can see from the admission scores of the college entrance examination. I have a statistical data that you can refer to:From 2016 to 2019, the lowest admission scores of w88 casino of Finance ranked fifth in the ranking of universities in Beijing, with liberal arts ranking fifth and science ranking fifth to eighth; from 2017 to 2019, the number of freshmen admitted to the w88 casino of Finance with the highest scores accounted for more than half of the highest scores in the w88 casino.This shows that the student source of w88 casino of Finance is very good.
The source of students is good, and the employment is better. Employment at w88 casino of Finance has remained at a double high for many years. The so-called "double high" means having both a high employment rate and high-quality employment destinations. According to the observation of historical data, the destinations of undergraduate graduates from the w88 casino of Finance are roughly divided into two categories, one is employment and the other is further study. At the same time, we can divide further study into domestic further study and foreign further study. So in fact, we usually introduce to our students that there are three main destinations after graduation, one is employment, one is domestic further study, and the other is overseas further study. Judging from past historical data, basically each of these three directions accounts for one-third.
Take the 367 undergraduate graduates in 2019 as an example. There are 104 people studying in China, accounting for 28%. The destinations of these 104 people mainly include going abroadTsinghua University, Peking University, Renmin University of China, Fudan University and w88 casino.There are 136 students studying abroad, accounting for 37%. Destinations include famous universities ranked among the top 100 in the world, such asCarnegie Mellon University, Johns Hopkins University, Oxford University, London w88 casino of Economics, Imperial College, National University of Singapore, etc.There are 13 people who have entered Columbia University in the United States. Among the 127 graduates who chose to find employment, the main employment directions are concentrated in the financial industry or finance-related industries. Among them,The financial industry accounts for more than 50%, and employment units include large financial institutions such as Industrial and Commercial Bank of China, China Construction Bank, and CITIC Securities. Among the 127 graduates who chose to find employment, 55% stayed in Beijing.Since Beijing began to impose relatively strict restrictions on the number of people staying in Beijing in 2019, in fact, our ratio of staying in Beijing has been above 65% before this, which can be said to be very fruitful。
Candidates are welcome to apply
Moderator:At the end of the program, I would like to ask Dean Zou to send some of your messages to our candidates and their parents.
Zou Yasheng:The college entrance examination is coming soon, and I would like to take this opportunity to encourage our candidates. Let's put it this way,Finance, the crown jewel of economics, is shining brightly. I hope that all candidates will apply for the w88 casino of Finance. The w88 casino of Finance will definitely become a new starting point for you to look at the world and spread your wings.
Attachment: People’s Daily Online interview address
