On Sept. 12th, along with the rhythm of national anthem, Tsinghua PBCSF welcomed over 700 new students from Ph.D. in Finance, Master of Finance, Cornell-Tsinghua Dual Degree Finance MBA Program, 2018 Fall Finance EMBA, 2nd B&R EMBA Program for Southeast Asia, Global Finance GFD, Finance Media Fellowship Program and 2018 Fall Global Entrepreneur Leadership Program. The welcome ceremony was held at Tsinghua Auditorium. Senior Associate Dean Gu Liangfei presided over the ceremony.
(Gu Liangfei is presiding over the welcome ceremony)
Chairwoman and Dean Wu Xiaoling extended her warm welcome to the new students. She said, the year of 2018 marks the 40th anniversary of China’s reform and opening-up. With domestic economy and society arriving at a critical juncture, the financial sector is confronted with three demanding tasks, namely to “better serve the real economy”, “contain financial risks”, and “deepen financial reform”, which are the historical context that financial studies cannot bypass in today’s China. Chinese financial students should, therefore, strive to be the future drivers of the reform.
Looking into the past for the future, Wu Xiaoling placed three requirements on the faculty and students: to keep an open mind, embrace new ideas and put them into practice; to observe law and discipline and try to make great progress in small steps; to keep faith, take responsibilities and seek innovation. She believes everyone should be all the more convinced that reform and opening-up, despite uncertainties, is the only way to strengthen the country and enrich the people.
(Wu Xiaoling is delivering a speech)
Wu Xiaoling also expressed her expectations of the new students: “I believe every one of you will become financial or economic practitioners with independent thinking and humanistic spirit. Let us uphold in our respective post the contract spirit of honesty and trustworthiness, and commit ourselves to creating a more favorable social environment. Small trickles converge into the sea, and it is always a long way to sail.”
Wu Xiaoling’s inspiring speech was received with prolonged applause.
The burgeoning of Tsinghua PBCSF in recent years would have been impossible without the support of the People’s Bank of China (PBC). Since 2013, 87 students have enrolled in the Ph.D. program jointly run by the School and PBC Research Institute of Banking and Finance.
Sun Guofeng, Director General of PBC Research Institute of Banking and Finance presented and addressed the event. Now is a make-or-break moment for China’s reform and opening-up, a crucial period for navigating the opportunities and challenges to financial development and stability, he said. Given the urgent needs for high-level financial talents, he expected the students to hone their professional skills, pay attention to the practical financial issues, devote themselves to industrial practices, and be the new strength of the financial industry one day.
Sun Guofeng claimed that PBC Research Institute of Banking and Finance would consistently provide Tsinghua PBCSF with top-notch teaching resources, platforms for international academic exchanges and high-level financial research, and access to premium courses, industrial experience and learning opportunities. It aims to foster talents who can help promote the reform and opening-up and maintain financial development and stability.
(Sun Guofeng is delivering a speech)
The Cornell-Tsinghua Dual Degree Finance MBA Program constitutes an integral part of Tsinghua PBCSF’s global education. As Chen Yaru, Academic Dean for China Initiatives, Johnson Graduate School of Management, Cornell University, and a chair professor of Management, mentioned in her speech, the Dual Degree program is highly recognized by financial agencies worldwide, and fosters talents needed by international financial markets. She encouraged students to keep making self-improvements, accumulate professional knowledge, equip themselves with strong focus, and good moral characters.
(Chen Yaru is delivering a speech)
Executive Associate Dean Liao Li then introduced the School’s top-level faculty team, think tank, talent development and internationalization campaigns. He also called for joint efforts to build Tsinghua PBCSF into a world-class school of finance.
(Liao Li is delivering a speech)
After the speeches, seven new student representatives expressed their longing for a new journey at Tsinghua PBCSF, and also their determination to answer the call of the times by making due contributions to industrial development, national rejuvenation and prosperity.
(New student representatives are delivering speeches)
The development of PBC School of finance receives consistent support from Alumni, society and industry. At the founding of Sports Finance Research Center, Jiang Lizhang, Founder of Desports, and Liu Zhan, Chair of TSI, made their individual contributions. Positioned as a leading platform for sports finance research and cooperation, the center is dedicated to sports industry analysis, local sports development, and sports-finance-technology integration.
(Unveiling ceremony of Sports Finance Research Center)
Jiang Lizhang expressed his hope that the center would develop into China’s best sports finance think tank to provide a steady supply of industrial talents with well-round capabilities.
Before the welcome ceremony came to an end, all the new students took a group photo in front of the auditorium with School leaderships, faculty, and guests.