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Presentation Topic – Italic, Font Times New Roman, Font Size 20, Font

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1Agenda

Why Study RMBI?

What is Risk Management and Business

Intelligence

Curriculum and Intended Learning Outcomes

Enrichment Activities

Career Prospects

Admission in RMBI

Q & A

2Why Study RMBI?

3Why Study RMBI?

5Why Study RMBI?

4

What is Risk Management & Business Intelligence(RMBI)?

What is Risk Management?

Risk management can be considered the identification,

assessment, and prioritization of risks.

It uses mathematical, technology and management

methods to minimize, monitor, and control the

probability and/or impact of unfortunate events or to

maximize the realization of opportunities.

6

What is Risk Management & Business Intelligence (RMBI)?

Risk Measurement in

Financial Institutions:

• Market Risk

• Credit Risk

• Liquidity Risk

• Operational Risk

7

What is Risk Management & Business Intelligence (RMBI)?

What is Business Intelligence?

BI is a broad category of applications and technologies

for gathering, storing, analysing, and providing access to

data

BI tools have the capability of

❑ Converting information into explicit business insight

❑ Learning

❑ Rule generation

❑ Forecasting and collaboration

It helps enterprise users make better business decisions

8

What is Risk Management & Business Intelligence (RMBI)?

How does BI help decision making in an organisation?

It is a method to provide business insights to a company by using

some mathematical models and computing technology.

9What is Risk Management & Business

Intelligence (RMBI)?

• First of its kind in Hong Kong to integrate Risk Management and

Business Intelligence

• To assess and minimize risk effectively

• To analyze and manage the growing volume of business data

11Curriculum Feature

16Intended Learning Outcomes

Risk Management

Handle and Quantify Market Risk, Credit Risk and

Operational Risk

Design and develop the risk management models and

program

Case Studies to Learn the Best Practice

Business Intelligence

Apply BI methods such as data mining and predictive

analysis to formulate business strategies

Demonstrate the use of the BI tools and methods to

develop BI solutions

17Intended Learning Outcomes

Integrate Risk Management and Business Intelligence

Integrate business intelligence methods to improve the

risk detection and risk strategy decision making

Integrate risk management measurement methods into

business intelligence process to improve business

strategy formulation and decision making

Conduct applied-research methods to solve the existing

RMBI problems in a scientific approach

Design and implement the RMBI solutions

12

Study Pathway

Second year - Foundation CoursesFinance, Economics, Operations Management,

Statistics, Mathematics, Programming, Business Case Analyses

Third year – Advanced coursesAdvanced RMBI courses, Financial Risk Management,

Investment Analysis, Data Mining

Enrichment: Internship / Exchange /Mentorship/ Newsletter

Fourth year – Professional Development and ApplicationsAdvanced RMBI courses, Case Studies, Capstone projects

Enrichment: Professional Qualifications trainings, Internship

First year – Fundamental CoursesMathematics, Computer Science, Business,

Common Core courses and Language courses

13Overview on RMBI Curriculum

• Business and Economics

Accounting, Business Operations, Macro-economics (e.g. ACCT 2010 , ISOM 2700 , ECON 2123, LABU 2051/2052)

• Financial courses

Financial Market and Operations, Investment Models and Portfolio Analysis (e.g. FINA 2303)

• Mathematics and Statistics

Calculus, Linear Algebra, Statistics, Probability Models (e.g. MATH 2011, MATH 2111, MATH 2411, ISOM 3540)

• Programming and Computing

Java, C++, or VB.Net + Excel (e.g. COMP 1021/1022P/1022Q)

Data Mining (e.g. COMP 4331)

• Integration on Risk Management and Business Intelligence

Introduction to Risk Management and Business Intelligence (RMBI 3110)

Quantitative Methods for Risk Management (RMBI 4210)

Advanced Data Mining for Risk Management and Business Intelligence (RMBI 4310)

RMBI Major Requirements (73-77 credits)

RMBI Electives (Area 1 – RM) or (Area 2 - BI) (9 credits)

RMBI Option Requirements (*Optional) (9 credits)

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Overview on RMBI Curriculum

14

Area 1: Risk Management

15

Area 2: Business Intelligence

15FinTech Option

Option Required Course (3 credits)

IEDAISOM

45003350

Engineering Foundations of FinTechFinTech and Cryptoventures

Elective Course (2 course from the specified elective list) (6 credits)

COMP 3211 Fundamentals of Artificial Intelligence

COMP 3632 Principles of Cybersecurity

COMP 4221 Introduction to Natural Language Processing

COMP 4632 Practicing Cybersecurity: Attacks and Counter-measures

COMP 4911 IT Entrepreneurship

ISOM 3000B Blockchain Entrepreneurship for Social Impact

ISOM 4020 Innovation Management and Technology Entrepreneurship

ISOM 4200 Information and Cyber Security Management

MATH 4514 Financial Economics in Actuarial Science

RMBI 4220 Life Contingencies Models and Insurance Risk

18RMBI Capstone Projects

Apply academic theories and knowledge to solve a real world problem

Integrate inter-disciplinary skills to develop a solution

Build students’ independent, creative and critical thinking

Develop students’ leadership, project management, communication and

presentation skills

Simulate a workplace environment for students to prepare themselves for

work in the industry

Exchange programs

RMBI symposium

Mentorship

RMBI Newsletter

• Broaden student’s horizon on RMBI

• Internalize students with all rounded skills

• Develop all-round personalities with a

➢ Mature Outlook

➢ Global Outlook

➢ Communication Skills

➢ Long-long learning

➢ Culture Appreciation

➢ Creative Thinking

➢ Leadership

• Acquire and reinforce industry-specific knowledge

and skills

• Enhance students’ career building skills and make

themselves more competitive in job market

• Synthesis of the business functions and soft skills

to facilitate to achieve students personal and

professional success

RM/BI Seminars and Workshops

Internship

Support for Professional

Qualifications

Career Talks & Training

Enrichment Activities

21Enrichment Activities

Exchange programs• Expand students’ vision, interpersonal

skills, creativity and cultural awareness in foreign universities.

• RMBI students have gained exchange experience in: UCLA

UC Berkeley

Arizona State University

Rice University

University of Toronto

Technical University of Denmark

Hamburg University of Applied Sciences

KTH Royal Institute of Technology

University of Manchester

National University of Singapore

Shanghai Jiaotong University

22Enrichment Activities

Mentorship

• A mentor can be a valuable source of advice, an

insightful guide to the business environment, a

potential contact for the future career and a personal

friend.

• Currently, we have around 75 mentors associated with

RMBI.

• Mentors from SFC, Wells Fargo Bank, MTR

Corporation Ltd, Morgan Stanley, HKMA, Bloomberg

LP etc.

23Enrichment Activities

RMBI Symposium

• Academics and industry leaders

discuss the trends and issues in

risk management and business

intelligence.

• A significant way for RMBI

students to learn at first hand

from respected authorities and

industry experts in areas of RM

and BI

27

Enrichment Activities

RMBI Professional Seminars and Workshops

Research Seminars

SPSS, QuikView

RMBI Alumni Sharing

Bloomberg Terminal Workshop

Career Trainings & Talks CV clinic

Mock-interview training workshop

Recruitment Talks by the companies

Career Sharing by the industry professionals

28Enrichment Activities

Internship • Offer experience of the corporate life before graduation.

• Give invaluable understanding of and exposure to work practice in the industry.

• RMBI students have gained internship experience in:

Hong Kong Monetary Authority

Bank of America Merrill Lynch

Credit Suisse (Hong Kong)

Deutsche Bank

Goldman Sachs

HSBC

Hang Seng Bank

Ernst & Young

Deloitte Touche Tohmatsu

KPMG

PwC

Bloomberg

29Enrichment Activities

RMBI Newsletter

• Students take the full

initiatives to identify the target

readers, control its quality and

monitor the process of the

publication of the newsletters.

• The newsletter offers a

dynamic way to interact with

the RM/BI community.

30

RMBI Newsletter• Featured stories in the previous issues:

London Whale Risk-JP Morgan Trading Loss

Basel III

Risk Management in the Medical Sector

Shanghai-Hong Kong Stock Connect Review: How to apply Big Data Analytics to Risk Management ?

Business Intelligence Infrastructure for Insurance and Healthcare Services Big Data Analysis

Stress Testing in the United States and Europe

Risk on Brexit

On Business Intelligence and Digital Consulting

Cyber Risk Management and Ethical Hacking

Anti-Money Laundering Practices in Banking

The Rise of Text Mining in Financial Markets

Threats and Opportunities: The Belt and Road Initiative

Where does AlphaGo Go next?

China-US Trade War: Crisis or Opportunity

Wealth Management in HK and Robo-Advisory

BI in Catering Industry

When will the next financial crisis happen

31

Enrichment Activities

Support for Acquiring Professional Qualifications

Scholarship scheme to provide support for students to acquire various professional qualifications:

• RM related Professional Qualifications

FRM® - Financial Risk Manager

Professional Risk Manager (PRM)

Chartered Financial Analyst® (CFA) examination

• BI related Certificates

IBM SPSS Statistics Level 1 v2;

IBM SPSS Modeler Data Analysis for Business Partners v2;

IBM SPSS Modeler Data Mining for Business Partners v2

SAS Certified BI Content Developer for SAS 9 Credential

Oracle Business Intelligence10 Foundation Essentials exam

Business Intelligence with SAP NetWeaver 7.0

32Career Prospects

Potential jobsRisk analyst

Financial analyst

Credit/Market risk analyst

Compliance Analyst

Accounting, Audit,Assurance Consultant

Actuarial Consultant

Data Analyst

IT Consultant

Business Consultant

Management Trainee

Career Opportunities in: Regional and Global

Banks

Asset ManagementCorporations

Financial RegulatoryAuthorities

Accounting, Audit and Advisory Firms

Professional Consultancies

IT Businesses

Career Prospects

The 50 Best Jobs in America 2018 forbes.com

No.1 Data Scientist

No. 11 – Compliance Manager

No. 13 - Risk Manager

No. 18 - Analytics Management

The 50 Best Jobs in America 2019 cbsnews.com

No. 1 - Data Scientist

(4 yrs in a row)

No. 8 - Data Engineer

No. 26 - Risk Manager

Career ProspectsRMBI graduates currently

work in:

• Cathay Pacific• Crédit Agricole CIB• Commerzbank AG• DBS• Deloitte• Ernst & Young• Hang Seng bank• HSBC• IBM• JP Morgan• KPMG• Microsoft• Morgan Stanley• PwC• Société Générale

36

RMBI expects candidates to:

✓Be good at mathematics✓Have knowledge or an interest in computing✓Possess a global outlook, maturity, caring and innovation✓Have good leadership skills and the capacity to work in a team✓Have good communication and presentation skills✓Be passionate about becoming a risk manager or business

intelligence

*Your CGA, Interview Performance, HKUST pre-admission result and English language test results will be also considered.

Admission in RMBI

36

Admission in RMBI

Timeline:

✓Application starts in Spring term 2019-20✓ Shortlisted applicants will be invited to Interview✓ Succeed applicants will be admitted to RMBI from Fall 2020-21 as

Year 2

Enquiry:

Email: joinrmbi@ust.hk

Tel: 2358 8229

Office: Room 5027, LSK

38

Recommended Pre-major Courses

• Students from SENG/SSCI:

✓ (MATH 1012 or MATH 1013 or MATH 1023) and

(MATH 1014 or MATH 1024) or (MATH 1020)

✓ COMP 1021 or COMP 1022P or COMP 1022Q

• Students from SBM:

✓ (MATH 1012 or MATH 1013 or MATH 1023) and

(MATH 1014 or MATH 1024) or (MATH 1020)

39

Student Sharing

Tina YEH

Year 3, School-based track

39

Q & A