30 Dec 2011

Director's Column

Time to put into practice what has been learnt

Time flies. BSc in Risk Management and Business Intelligence (RMBI program), the first undergraduate program in Hong Kong to integrate risk management and business intelligence, has been running for over two years. Our first batch of elites will enter their final year of study in September.

To equip students with solid knowledge in risk management and business intelligence, we emphasize both hard skills and soft skills. For hard skills, we make good use of interdisciplinary resources to strengthen students' analytical ability by sharpening their proficiency in statistics, mathematics, finance, and information systems. Soft skills are equally important. Therefore, we organize various enrichment programs in the forms of experience sharing sessions, workshops, seminars, and conferences for our students to learn from experienced industry practitioners and look into business problems from multiple perspectives.

Time is ripe for our first batch of elites to try their hands at real business problems in risk management and/or business intelligence, and to demonstrate their capability in problem solving by utilizing what they have learnt from the RMBI program. Nine capstone projects covering various risk management or business intelligence topics in the finance, retail, healthcare, and information technology industries will be carried out in this academic year. With the guidance of our university professors and industry professionals, I am sure that our students will not only gain valuable experience in handling practical business issues in risk management and business intelligence, but also be able to provide useful recommendations to project providers.

In this issue of our newsletter, we invited senior staff from a premier theme park and a major public utility company in Hong Kong to share their views on developing an enterprise risk management system. You will also find interesting articles and hot topics in risk management and business intelligence in the newsletter. I hope you enjoy reading it.

Prof. Mike SO KP

RMBI Newsletter Issue03