|Memorandum of understanding between The Hong Kong Institute of Bankers and Hang Seng Management College provides finance students with career fast tracks|
Photo: Edde Ngan
Human resources are key to the sustainable development of every business. In view of this, the Hong Kong Institute of Bankers (HKIB) has over the years joined forces with a number of academic bodies to build and maintain a rich talent pool for Hong Kong's banking and finance industry.
Last week, the organisation forged another partnership with Hang Seng Management College (HSMC) and sealed a dual academic and professional qualifications agreement, which will provide HSMC students that have completed their studies for a bachelor's degree (honours) in business administration (banking and finance concentration) a fast track towards achieving the Associate of the Hong Kong Institute of BankersTM (AHKIBTM) qualification.
The HKIB associateship is recognised in Hong Kong, Macau, and mainland China, and by the Chartered Institute of Bankers in Scotland (CIOBS) as at par with its Chartered Banker qualification.
"This essentially optimises the learning outcomes for HSMC students and gives them a head start in a banking and finance career," notes Carrie Leung, the HKIB's CEO. "The HKIB and the HSMC share a common vision, which is to nurture talent and provide life-long learning. Today we leverage off the advantage of each other to provide an ideal pathway for these students."
The dual-qualification initiative will contribute to the all-round development of HSMC students, says H S Chui, president, the HSMC, adding that the HKIB programmes cover a wide range of subjects, from professional integrity and values, language and general knowledge to technical expertise. The institute's professional qualifications also give graduates a competitive edge. "I'm confident that our collaboration with the HKIB will help us to support young, dedicated professionals, since the organisation is highly respected within the banking industry," Dr Chui notes.
The HSMC has a long, sound record in developing talent and the move will help to enhance the institution's standards in educating future banking and finance leaders, points out Ms Leung.
"By combining the HSMC's experience and the HKIB's strengths, we can train up a new generation of banking professionals with a solid foundation in banking, finance and management skills. These specialists will end up being an important asset to their employers, clients and the regulatory bodies," she remarks.
As the mainland market grows in affluence, Hong Kong bankers are gearing up for an influx of mainland investors and increased exchanges with financial institutions across the border. Ms Leung therefore advises graduates to keep abreast of mainland trends and relevant financial products available in Hong Kong.
"Bankers must keep up with the times because knowledge of current affairs plays an important part in communicating with clients and building relationships," she concludes.
- Dual-qualifications agreement facilitates progress towards professional status
- Joint effort will provide new generation of bankers with a solid foundation
- Influx of mainland investors and more exchanges with institutions across the border anticipated
Taken from Career Times 10 December 2010, A4