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| Open House 2009 |
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| Prof Tan Eng Chye (far left), Provost of NUS, and Prof Tan Chorh Chuan (2nd from left), President of NUS, getting a quick tour of the NUS Business School booth from Dr Helen Chai, Asst Dean of Undergraduate Studies. |
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Our Business School booth was once again a popular destination for visitors at the annual NUS Open House for the weekend of 14-15 March 2009. Almost 16,000 visitors packed the Multi-Purpose Halls of the Sports and Recreation Centre, with crowds starting to pour in from around 10am. Potential students who were matriculating this year, as well those who would be matriculating next year, came to find out more about the School and the courses offered.
Our Business School family put up a strong front, with almost 200 faculty members, administrative staff and student ambassadors from the BizAd Club present, over the two days, to answer queries from visitors. Student ambassadors also shared their perspectives on life in NUS Business School , and how the experiences and opportunities offered at the Business School had enriched their education holistically.
Faculty talks drew crowds too, as Multi-Purpose Hall 6 was packed for all of the 4 sessions. Dr Helen Chai, Director ( BBA programme), delivered a presentation on the BBA programme, while 2 invited students with outstanding achievements shared their experiences at each session. There was also an exciting video on the services of the Career Services Office.
The special feature for this year's Open House was the series of talks by our Dean and faculty. Prof Bernard Yeung delivered a talk titled "The Financial Crisis and Asia: the recovery and her future", while Prof Ho Yew Kee spoke on "Financial Crisis and me - what's the link?". Assoc Prof Kai-Alexander Schlevogt touched on "Strategic leadership in times of crisis". |
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| NUS Business Graduates Surge Ahead in Securing Employment Despite Tough Times |
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Despite the tough job climate, NUS business graduates are the most desired by employers, securing the highest overall employment rate as well as full-time permanent employment rate (as opposed to contract or temporary employment) within 6 months after graduation.
According to the 2008 Graduate Employment Survey data released by the Ministry of Education, NUS BBA(Hons) graduates also led the pack of Singapore business graduates in earning the highest starting salary, by topping all categories under the Gross Monthly Salary, ie. the mean salary, media salary, 25 th and 75 th percentiles. Our BBA(Hons) graduates' mean starting salary is close to $4000.
Graduate Employment Survey 2008: Employment Rate and Gross Monthly Salary of Business Graduates |
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Gross Monthly Salary ($) |
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Overall
Employment rate |
Full-Time Permanent
Employment rate (%) |
Mean |
Median |
25th Percentile |
75th Percentile |
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NUS Business School |
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Business Administration (Honours) |
93.9 |
93.9 |
3,971 |
3,274 |
2,750 |
4,000 |
Business Administration (3-year programme) |
98.0 |
95.9 |
2,776 |
2,700 |
2,500 |
2,900 |
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NTU: Nanyang Business School |
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Business (3-year programme) |
92.2 |
83.9 |
2,897 |
2,746 |
2,469 |
3,093 |
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SMU School of Business |
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Business Management (4-year programme) |
94.2 |
86.1 |
3,112 |
2,800 |
2,500 |
3,500 |
- Cum Laude and above |
95.2 |
89.7 |
3,540 |
3,000 |
2,625 |
3,975 |
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| Source: Ministry of Education |
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| Double Achievements in FT Rankings |
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Our Deanery and faculty proposing a toast to our students for partnering in our success. |
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It was a time of double celebrations, as our MBA and EMBA students, as well as faculty and staff, came together on 21 March 2009 to mark our improved rankings for 2009.
We are among the top 20 business schools in the world for our Executive MBA programme while our MBA programme has rocketed to the 35th position globally.
Prof Bernard Yeung, Dean of NUS Business School, gave an inspiring speech that not only thanked the class of 2005 for participating in the survey, but also encouraged the rest in carrying on this partnership so that we can enjoy greater success as a School. |
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| NUS Business School Hosts Cerebration 2009 Case Sponsors |
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| As we inch closer to the finals of Cerebration 2009, our students had the chance to meet with this year's case sponsors, judges and NUS Business School senior management on 18 March 2009 at the new Kent Ridge Guild House. The evening provided an opportunity for the Cerebration team to present updates on current competition developments, as well as upcoming highlights on the finals night. |
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| Prof Kulwant Singh, Deputy Dean, was on hand to share on NUS Business School's partnership in this initiative, and his vision in seeing Cerebration establishing future stronger industry links. Mr Devin Kimble, the case sponsor of Cerebration 2008, was also present to share with his experience. |
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| Public Lecture on Fair Value Accounting |
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Professor Wayne R. Landsman, KPMG Distinguished Professor of Accounting of the Kenan-Flager Business School, University of North Carolina, gave a public lecture to over 200 industry practitioners, academics and students. He talked about the interest in understanding the relationship between fair value accounting and valuations of financial assets and liabilities and other financial instruments and what it means to the investors, is undoubtedly strong.
He shared on the findings from his various papers on the theory of fair value accounting versus historical-based accounting models, showed evidence on the benefits and draw-backs of the former and emphasised the important role fair value accounting plays in guiding investor confidence in the present financial crisis. |
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| Prof Wayne R. Landsman captured the audience with his insightful findings and their relevance to today's corporate world. |
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| ICPAS Press Conference |
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| A study commissioned by the Institute of Certified Public Accountants of Singapore (ICPAS) and conducted by the Corporate Governance & Financial Reporting Centre of NUS Business School revealed that only 14% of members on Audit Committees (ACs) of listed companies in Singapore are formally trained in accounting and finance. The results of the study, led by Assoc Prof Ho Yew Kee, were released at a press conference on 3 March 2009 . The study looked at a total of 675 listed firms in Singapore, plus annual reports for the financial period between June 2007 and June 2008. While most companies have at least one professional accountant on their board or AC, only 46% have two or more financially-trained AC members. Dr Ernest Kan, chairman of the ICPAS corporate governance committee, said: "If the point is to enhance the whole corporate governance process, then it's important to get the right people to do the job". In response to the survey findings, the MAS , the SGX and the Accounting and Corporate Regulatory Authority said "In appointing directors as audit committee members, companies should review and determine their directors' suitability not just based on qualifications, but also on relevant expertise, experience and character". |
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NUS-OCBC Lecture Series - The House is Broken:
An Equity Research Perspective |
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Close to 100 participants consisting of students, lecturers and industry practitioners attended the NUS -OCBC Lecture Series, "The House is Broken", held on 11 March 2009 at the Hon Sui Sen Auditorium.
With close to 20 years of investment research experience, Ms Carmen Lee, Head of OCBC Investment Research (OIR) provided insights into the latest economic data on manufacturing, non-oil exports, consumption, property and retail sectors from which some trends and analysis were made for the current equities valuations. |
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| Ms Carmen Lee giving her opinions on the current economic climate. |
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| Guest Speaker at Channel NewsAsia Seminar |
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Professor Richard Arvey was a guest speaker on "Tough times don't last, Fundamentals do", an investment seminar organised by NTUC Income and Channel NewsAsia, on 28 February 2009 at the Suntec Convention Centre. |
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| MBA Students with Heart Wins Honours at Bangkok Business Challenge |
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| vCare Technologies, the NUS team which took part in the mai Bangkok Business Challenge 2009 - one of Thailand's most prestigious business-plan competitions was awarded more than US$2000 in cash prizes. This was co-organised by the Market for Alternative Investments, Stock Exchange of Thailand and Sasin Graduate Institute of Business Administration of Chulalongkorn University. The team was one of the top 6 finalists, alongside University of Chicago, Tsing Hua University, and Technical University of Denmark. |
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Our students developed a business plan for the production and marketing of a wearable heart-monitoring device that made a strong impression on the panel of eminent judges that included the CEO of Mercedes Benz Thailand and managing directors from several of Thailand's leading investment companies.
Dr Douglas Abrams and Assoc Prof Lian Yong served as faculty advisors on the project. |
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| (L-R) Deepu Chacko John, Dr Douglas Abrams, Lie Lina Violita (3rd from right), Toh Yew Hong (2nd from right) and Imran Arshad (extreme right) at the prize presentation. |
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| Inaugural Study Tour to the Philippines |
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It was the first time in NUS Business School's history that a study tour was made to the Philippines. From 23 – 27 February 2009, our MBA students went on an inaugural trip to Philippines, with the aim to discover more about the Philippine business and economic climate, and in the hope of promoting a better understanding of the country and the ASEAN region.
The visiting group consisted of full-time and part-time MBA students, as well as exchange students, with representation from a total of 9 different nationalities. Some of the highlights of the trip included visits to the Philippine Senate and to the Department of Finance, where the group of 14 MBA students met with Senator Mar Roxas and Finance Secretary Margarito Teves, as well as corporate visits to Ayala Corporation, Jollibee Foods Corporation, San Miguel Corporation, SGV & Co., SM Investments Corporation, Unilever Corporation, and Asian Development Bank. |
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| Our MBA students together with Mr Washington SyCip, Chairman and Founder of SGV and Co, under the Ernst and Young Group. |
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| Venturing into Entrepreneurship |
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Recently, Prof Wong Poh Kam (Director, NUS Enterprise Centre) shared his ideas on starting a Private Equity and Venture Capital (PE/VC) Club with the MBA students.
Being an industry veteran, Prof Wong spent some quality time explaining the investing process of an angel investor or a Venture Capitalist. He then focused on the role of angel networks and highlighted facts such as the Singapore government's initiatives to promote investment for innovation. |
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| The discussion then veered towards the NUS Seed Funding and its functioning. It was followed by an interactive session of how the MBA program could run a PE/VC interest group. There was unanimous agreement to conduct panel discussions with angel investors and venture capitalists and have regular networking sessions with the industry. In conclusion, this was the first step to set up a full fledged PE/VC club – an initiative which NUS Business School and NUS MBA programme can be proud of in future. |
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| Thammasat Asia Moot Corp'09 |
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Representing the NUS Business School, MBA students Muthuraman Ganesan, Srinvasa Varadhan Kannan & Pavithra Jayakumar spent 3 days, from 10 – 12 March 09, in Bangkok participating in the Thammasat Asia Moot Corp 09, an exclusive "by invitation only" Business Plan competition organised by the Thammasat University.
The team was one of the 12 Finalist teams participating in the competition. The team's Venture, "Education for All" (EFA), was a business model that could bridge the gap between successful education and a sustainable business model by value creation at the bottom of the pyramid. Assoc Prof Andrew Delios acted as mentor to the team. |
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| (L-R) Deepu Chacko John, Dr Douglas Abrams, Lie Lina Violita (3rd from right), Toh Yew Hong (2nd from right) and Imran Arshad (extreme right) at the prize presentation. |
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| A Colourful Experience |
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One of the exciting advantages of being in NUS Business School is the global exposure. In this case, students gained a deeper understanding of ‘Holi', a Hindu festival also known as the Festival of Colours.
Over 35 MBA students, including those on exchange in Singapore, participated in the celebrations on 8 March 2009. There were various performances that added much vibrancy to the celebrations, not forgetting the traditional splashing of colours! A sumptuous lunch consisting of traditional Indian fare followed the revelry. |
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| Our MBA students are all set for a fun-filled time just before the splashing begins. |
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| Alumni Recognised for Exemplary Teaching |
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Our BBA and PhD alumni, Dishan Kamdar has been voted ‘ISB Professor of the Year' by the class of 2009 in Indian School of Business.
This award is decided by the students through a system of nominations and Dishan is the recipient of maximum number of nominations as a percentage of students taught by a professor in an elective course. |
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| NUS MBA Alumni Kickoff Party |
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| From the right: Malcolm Koh (EMBA 2007), President, MBA Alumni – NUS gave his opening speech welcoming all MBA alumni to participate in events organized by the board and stay connected with the school. |
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Over 45 MBA alumni turned up for the NUS MBA Alumni Kickoff event at Brewerkz on 5 March 2009. Organised by the Global Alumni Network Office, it was a time where both new and old alumni as well as NUS Business School staff could chill-out after work.
The night set the platform for a host of exciting events that were coming up in 2009, and highlighted the various opportunities for our alumni to contribute to their alma mater. |
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| 2nd Forum by Alumni Network Connect Club a Hit in Shanghai |
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Following the success of the first forum last year, the NUS Business School Eastern China Alumni Network Connect Club held its second forum on 5th March in Shanghai. Alumnus Tommy Leong (BBA 1991), Vice-President & Area Marketing Officer for Royal Philips Electronics in Greater China shared with the audience on the experience of the challenges in penetrating into the second and third tier cities in China.
Joining the forum as panelists were Alumnus Maurice Tan (BBA 1991, Managing Director, Microsoft Entertainment & Devices), Alumnus Dave Tan (BBA 1991,General Manager for East Asia, Sony) and Lionel Goh (Director, IMS Consumer Health China).
The team is gearing up in holding the next forum scheduled to be held this early June and look forward to more exciting forum. |
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| Alumni Winston Nyo, General Manager of Village Earth Pte Ltd is as the facilitator of the forum. Keynote speaker alumni Tommy Leong, Vice-President & Area Marketing Officer for Royal Philips Electronics in Greater China, panelists Maurice Tan (Managing Director, Microsoft Entertainment & Devices), Dave Tan (General Manager for East Asia, Sony) and Lionel Goh (Director, IMS Consumer Health China) |
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| East China Alumni Association Gathers Golf Lovers in Shanghai |
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| On March 14th, a golfing event was organised by NUS Business School East China Alumni Association in Shanghai Hongqiao Golf Club, attended by 14 alumni. Proposed by Mr Chen Qing Liang (APEXC graduate), Managing Partner of Village Earth Consulting and Mr. Yu Guo Dong (IMBA graduate), Director of M&S Resources Holdings Limited, this activity is designed to gather alumni interested in golfing, share experiences and build up their network. |
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| Alumni and staff bonded together after a round of golf. |
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 Get connected with your fellow alumni here! |
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1 April |
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Shandong Baxter Programme
Until 3 April
Time: 8.30am to 5.30pm
Venue: Conference Room J
Contact Chen Ying & Beiyan from Office of Executive Education for more details.
LVMH Asia Pacific Open House
Time: 9.30am to 11.30am
Venue: Conference Room D
Contact Zitah from Career Services Office for more details.
Seminar - Decomposability in decision making: Investigating the roles of interdependence and coupling
Time: 1pm to 2.15pm
Venue: Staff Lounge Meeting Room
Contact Woo Kim from Department of Business Policy for more details.
Seminar - Contract Design for Risk Sharing Partnerships in Manufacturing
Time: 1.30pm to 3pm
Venue: Seminar Room 3
Contact Dorothy from Department of Decision Sciences for more details.
Seminar - When do banks listen to their analysts? Evidence from mergers and acquisitions
Time: 3.30pm to 5pm
Venue: Staff Lounge Meeting Room
Contact Wendy from Saw Centre for Financial Studies for more details.
Trainers Information Sessions with NEX
Time: 4pm to 6pm
Venue: Shaw Foundation Alumni House Seminar Room 3
Contact Darryl from Global Alumni Network Office for more details. |
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2 April |
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NUSBSA Board of Directors Meeting
Time: 7pm to 9pm
Venue: NUS Business School Staff Lounge Meeting Room
Contact Jeanine from Global Alumni Network Office for more details. |
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3 April |
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Cerebration 2009 (Semi-Final)
Time: 9am to 12pm
Venue: Conference Room B, Conference Room B1 & Seminar Room 4
Contact Caleb from MBA Programme Office for more details.
Seminar - Procurement Auctions with Supplier Qualification Screening
Time: 10am to 11.30am
Venue: Staff Lounge Meeting Room
Contact Chwee Ming or Dorothy from Department of Decision Sciences for more details.
An Afternoon with Meritus Hotels & Resorts
Time: 3.30pm to 5pm
Venue: Marina Mandarin Singapore
Contact Daniel from Career Services Office for more details. |
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4 April |
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NUS MBA Open House & Tea Session
Time: 10am to 1pm
Venue: Conference Room B1
Contact the MBA Office for more details.
Cerebration 2009 (Final)
Time: 1pm to 6.30pm
Venue: Kent Ridge Guild House
Contact Caleb from MBA Programme Office for more details. |
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6 April |
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Bridgestone-NUS Regional Development Class Programme
Until 9 April
Time: 8.30am to 5.30pm
Venue: Conference Room D
Contact Bee Eng from Office of Executive Education for more details.
Strategic Financial Management: Evidence from Seasoned Equity Offerings
Speaker: Fu Fangjian, Assistant Professor, Organisation: Singapore Management University
Time: 3.30pm to 5pm
Venue: Staff Lounge Meeting Room
Contact Jasmine from Department of Finance for more details.
Industry Sharing Session by L'Oréal
Time: 6.15pm to 8pm
Venue: Hon Sui Sen Auditorium
Contact Daniel from Career Services Office for more details.
Vawch Networking Event
Time: 7pm to 8.30pm
Venue: Upstairs@Harry’s, Boat Quay
Contact Edsel from Career Services Office for more details. |
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7 April |
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Recruitment Presentation by Frost & Sullivan
Time: 12.30pm to 2.30pm
Venue: Hon Sui Sen Conference Room
Contact Zitah from Career Services Office for more details. |
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8 April |
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NUS Enterprise Internship Briefing for MBA
Time: 12.30pm tp 2.30pm
Venue: Conference Room B
Contact Alison from Career Services Office for more details.
An Overview of Singapore as a Leading Global Logistics/Supply Chain Hub in Asia
Time: 1.30pm to 3pm
Venue: Conference Room A
Contact Dorothy from Department of Decision Sciences for more details. |
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11 April |
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Asia-Pacific Executive MBA (English) Programme Segment
Until 26 April
Location: Singapore & Bangkok
Contact Samantha from Asia-Pacific Executive MBA Office for more details.
Eastern China Alumni Network (ECAN): Golf Club 2nd Activity
Time: 3pm to 5pm
Contact Angel An from NUS Business School Shanghai Office for more details. |
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13 April |
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Alumni Site Visit to Hope School in Chengdu
Until 14 April
Location: Chengdu and Sichuan, China
Contact Angel An from NUS Business School Shanghai Office for more details.
MBA Marketing Club Talk by Kimberly Clark
Time: 4pm
Contact Karla from MBA Student Council for more details. |
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17 April |
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Asahi Glass University Asia Programme
Until 24 April
Time: 8.30am to 5.30pm
Venue: Conference Room D
Contact Alicia from Office of Executive Education for more details.
MBA Farewell Lunch for Exchange Students
Time: 12pm
Contact Zahira from MBA Programme Office for more details.
MBA Marketing Club Talk by Nestle
Time: 3pm to 5pm
Contact Karla from MBA Student Council for more details.
MBA Alumni-Student Networking Party
Time: 7.30pm
Contact Darryl or Florence from Global Alumni Network Office or Caleb from MBA Programme Office for more details. |
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18 April |
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NUS Business School Alumni Association (NUSBSA) 10th Annual General Meeting
Time: 9am
Contact Jeanine from Global Alumni Network Office for more details.
Asia-Pacific Executive MBA (English) Programme Briefing
Time: 1pm
Venue: Ritz Carlton
Contact Samantha from Asia-Pacific Executive MBA Office for more details.
Asia-Pacific Executive MBA (Chinese) Programme Briefing
Time: 3pm
Venue: Ritz Carlton
Contact Samantha from Asia-Pacific Executive MBA Office for more details. |
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20 April |
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Strategic Management Programme
Until 24 April
Time: 9am to 5pm
Venue: Conference Room J
Contact Joyce from Office of Executive Education for more details. |
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24 April |
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Robert Walters - NUSBSA CEO Breakfast Talk
Time: 7.30am to 9.30am
Venue: Swissotel Stamford, Raffles City Convention Centre
Contact Jeanine from Global Alumni Network Office for more details. |
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25 April |
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NUS MBA Programme Briefing
Time: 11am to 2pm
Venue: Ballroom III, Level III, Marriott Singapore
Contact the MBA Office for more details. |
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29 April |
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Mizuho Scholarship and Bursary Cheque Presentation and Donor Appreciation Ceremony
Time: 11.30am to 1.30pm
Venue: Nexus, University Hall
Contact Liang Bo from Development Office for more details. |
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