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| Expanding NUS Business School's global strategic alliances |
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On 10 December, NUS Business School signed a Memorandum of Understanding (MOU) with the McIntire School of Commerce, University of Virginia.
The MOU summarises the strategic alliance between both schools to develop collaborative activities in areas of mutual interest. This may include student exchange programmes, minor degrees, research projects, exchange of faculty members and conferences. |
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| (From left) Assoc Prof Hum, Prof Carl Zeithaml and Peter Maillet |
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The MOU was signed by Assoc Prof Hum Sin Hoon, Vice-Dean, Undergraduate Studies, NUS Business School and Prof Carl Zeithaml, Dean, McIntire School of Commerce and F.S Cornell Professor in Free Enterprise and Peter Maillet, Associate Dean for Global Initiatives, McIntire School of Commerce. |
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| The Next Generation of Life-Cycle Investment Products |
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| Professor Zvi Bodie during his public lecture |
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The public lecture - The Next Generation of Life-Cycle Investment Products, jointly organised by the Center for Asset Management Research and Investments (CAMRI) and the Singapore Centre for Applied and Policy Economics was held on 8 December 2009. The event held at NUS Business School was attended by 150 participants who included academicians from the local universities, professionals from the financial industry as well as the general public. Prof Zvi Bodie is a world-renowned and widely published scholar on pension finance, personal finance, investment management, risk management and investment strategy. |
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The main focus of the talk by Prof Bodie was the pressing need for development of a robust retirement investment product that promises a secure lifetime income which is inflation protected. He was confident that the recent advances in the financial theory, the innovations in the financial market and the availability of leading edge technology makes such a development possible. However, this would require an active involvement of the relevant government bodies and private sector.
Although he mainly addressed life-cycle investment issues currently prevalent in the US market, these are issues that need to be addressed in a developed market such as Singapore as well. It is estimated that by 2030, 20% of the population of Singapore would be above the age of 65 years. Prof Bodie was particularly skeptical about the target-date retirement funds that are extensively used for retirement planning at the moment. According to him, these products transfer the risks from the corporate sector to the consumers and do little to provide investors with a steady stream of income during retirement. He also felt that there is a serious lack of initiative to properly educate the investors regarding the possible risks involved with these investments. Overall, it was a very informative lecture which reminded the audience about the need for smart and educated retirement investment planning. |
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| The Ties That Bind |
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The Corporate Governance and Financial Reporting Centre (CGFRC) and The Business Times (BT) held a roundtable discussion titled "The Ties That Bind" on 7 December 2009 at the Shangri-La Hotel, focusing on related party transactions.
The roundtable discussion was the third in the series of quarterly roundtable discussions organised by CGFRC and BT. Some of the issues discussed at the event were: When do RPTs cross the line from being legitimate to abusive? Do the rules and regulations governing RPTs need to be improved or streamlined? Are the processes for identifying, reviewing and approving RPTs sufficient and robust? How can the monitoring of RPTs be improved? What should be the role of the independent directors in preventing abusive RPTs? What are the challenges faced by auditors in auditing RPTs? What are other governance issues relating to RPTs? What are the red flags that minority shareholders and other stakeholders should watch out for when evaluating RPTs?
A presentation was made by Mr Lee Kha Loon, Head of CFA Institute Centre for Financial Market Integrity, Asia Pacific and the event moderator was Assoc Prof Mak Yuen Teen, Co-Director of CGFRC. Participation at the roundtable was by invitation-only and was attended by independent directors, auditors, legal advisers, investors, regulators, academics and other senior industry professionals. |
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| Conference on Corporate Governance and Institutions |
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| The one and a half-day academic conference titled "Conference on Corporate Governance and Institutions" was jointly organised by the Corporate Governance and Financial Reporting Centre and the Department of Finance, NUS Business School and held at the NUSS Kent Ridge Guild House on 17 and 18 December 2009. The conference was attended by about 80 academic staff and PhD students from NUS, NTU, SMU, INSEAD and representatives from the Monetary Authority of Singapore (MAS). The conference was aimed at bringing together scholars working on current issues in the broad area of Corporate Governance and Institutions. |
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| The key speakers at the conference were internationally well-known scholars and comprised of Prof Enrico Perotti, University of Amsterdam, who spoke on "Political Allocation of bank Capital"; Prof Randall Morck, University of Alberta, who spoke on "The History of Corporate Governance"; and Prof Franklin Allen, University of Pennsylvania, who spoke on "Informal Mechanism in Corporate Governance". In addition, academics from both local and other universities were also invited to present their papers. |
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| Prof Randall Morck from University of Alberta spoke on the history of corporate governance. |
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| Exchange of knowledge between School and industry |
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| (From left) Assoc Prof Vivien Lim and Assoc Prof Thompson Teo |
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Recently one of the School faculty's research findings were featured in the Mizuho Corporate Bank's internal newsletter for their December 2009 issue. The article titled, "Bosses And Their E-Manners: Sex, Emails And Incivility" was based on a research done jointly by Assoc Prof Vivien Lim, Department of Management & Organisation, Assoc Prof Thompson Teo, Department of Decision Sciences and Chin Jen Yuin, a graduate student at the Department of Decision Sciences. This is one example of how the School exchanges knowledge with top industry players.
The relationship between the School and Mizuho Corporate Bank has been ongoing since the MOU signing in July 2008. The MOU outlines potential areas of collaboration between both parties. These may include joint research projects and opportunities for Mizuho to share their expertise with students.
Besides the establishment of endowed Mizuho scholarships and bursaries, the Bank has been working closely with the School to provide top business undergraduates with the opportunity to learn the ropes through internship opportunities at the Bank. |
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| A farewell dinner to celebrate achievements, friendships and new beginning |
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It was time for the traditional farewell dinners for NUS MBA students as their programme comes to a close.
This year, NUS Business School is proud to host the inaugural batch of S3 Asia MBA Programme students, where the class of about 31 of them spent the past 15 months studying in Seoul, Shanghai and Singapore.
The S3 Asia MBA Closing Dinner was held at The Arts House on 2 December 2009. Apart from the graduating class, representatives from all 3 institutions - Seoul University, Fudan University and NUS Business School were also part of this exciting occasion. Among the guests were Prof Kim JinBae, Vice-Dean of Seoul University Business School and Assoc Prof Yin Zhiwen, Assoc Dean of Fudan University School of Management.
Special awards were given out to in recognition of outstanding individuals who excelled academically or in service to the various schools.
Held at Kent Ridge Guild House on 4 Dec, the MBA Farewell Dinner provided the perfect platform for many to cherish these last moments as students. Assoc Prof Nitin Pangakar, Academic Director for the NUS MBA Programme, shared his experiences and memories with the class and his hopes for their future. The graduating class also witnessed the investiture of the new leaders of the MBA Student Council. |
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| S3 Asia MBA students |
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| The new members of the MBA Student Council together with outgoing council president, Srinivasa Varadhan (5th from left) |
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| Valuable insights and bonding at Dean's Luncheon and Forum |
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Over 100 alumni and friends joined NUS Business School for the Dean's Luncheon and Forum in Jakarta, on 5 December 2009. At the forum, Prof Duan Jin-Chuan, Director of Risk Management Institute and Cycle and Carriage Professor of Finance, spoke on "Beyond the Financial Crisis - the case for a standard Asian currency?". He provided valuable thoughts and insights into the current economic situation and gave his opinions on future trends.
As part of the event, NUS Business School held their Asia-Pacific Executive MBA (Chinese) Programme information session to share the merits of joining the programme, while catching up with the alumni. |
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| Trekking New Territories |
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| A trip to cement the forming of an alumni chapter in Hong Kong as well as to extend business contacts also took a group of graduates beyond the concrete jungle to the vistas of MacLehose trail, which covers a vast expanse of SAR territory. Participants all agree that it was a fruitful and enjoyable trip during which pro-tem committee chairman of the NUSBSA HK chapter, Mr Kwik Sam Aik was introduced. |
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| Gala Dinner to Celebrate APEX MBA's 11th position on the Financial Times EMBA Global Rankings |
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| NUS Business School APEX MBA programme was ranked 11th at the recent Financial Times Global EMBA Rankings. To celebrate this momentous achievement, a gala dinner was held in Shanghai on 12 December 2009. The dinner was attended by nearly 50 alumni and faculty. |
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Prof Susanna Leong, Vice Dean, NUS Business School, Ms Chua Nan Sze, Marie-Antonie, Director of EMBA Programme and Prof Chen Renbao were present at the event hosted by Mr Calvin Yan, Director of NUS Shanghai Office, along with other participants including Mr Hao Ying Wei and Mr Yu Jian Wu, alumni of APEX-C Class 13, from Hainan and Hangzhou.
Prof Leong said,"I would like to extend my appreciation to the APEX-C 2006 alumni, who participated in the survey by Financial Times. Your contribution plays an important role in our achievements. It will also be the driving force for us to reach the next level." Representing APEX-C Class 13, Mr Hao Ying Wei said, "I would like to express my gratitude to the professors and alumni. We have benefited a lot from the APEX-C Programme. This ranking was based on the performance of our class, and we are also proud to hold such honour in our alma mater."
Mr Yu Jian Wu added, "The time spend in NUS has cultivated strong friendship among the APEX-C Class 13. We have regularly met once a year, from the event in Weifang, Shandong during the 1st anniversary, to last year's gathering in Hangzhou." |
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| NUS MBA/EMBA Asia Pacific Fair in Shanghai |
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NUS MBA/EMBA Asia Pacific Fair in Shanghai was held in Pudong Shangri-La Hotel on 12 December 2009. At the EMBA session, Monica Zhao, the manager of EMBA program introduced the EMBA program. And Assoc Prof Chen Renbao, from the Department of Finance and Accounting, NUS Business School, presented a lecture titled "Global Financial Crisis & China's Opportunities", which explored the post-crisis development of the business community.
At the MBA session, Mr Quah Chee Seng, Greater China Director of Contact Singapore which is a partner of Singapore Economic Development Board (EDB) and Ministry of Manpower, gave a comprehensive overview of campus life in the diverse cultural and economic climate in Singapore. Mr Edwin Lim and Ms Serene Tan from the MBA Marketing and Admissions Office discussed the profile of the programme. Mr Qian Yi Qi, General Manager of East China Investment & Development & Ningbo Project, CapitaLand, presented an informative speech on "The Real Estate Market in China", while Mr Tan Seng Chai, Senior Vice President of Human Resources, analysed CapitaLand's human resources strategy and the granting criteria of CapitaLand International Scholarship for the NUS MBA programme. |
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| North China Alumni Network Financial Intelligence Club Holds Forum |
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| Alumni Zhang Heng, Mr Wang Jian, Mr Guo Lin Jun and Mr Dai Zhou Ying |
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The forum titled "Startup Board & Evolution of China's Capital Market" was held by NUS North China Alumni Network Financial Intelligence Club at Chang'an Club in Beijing, on 15 November 2009. Mr Calvin Yan, Director of NUS Shanghai Office, and more than 50 alumni attended this event. |
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Mr Wang Jian, MBA (Chinese) 2002 alumnus and Managing Director of Goldstate Securities Co.,Ltd., presented in-depth insights on the 10-year history of China's startup board, its positioning, functions and regulations, the performance of the first 28 listed companies and the future of the board.
Panelists Mr Zhang Heng, Mr Dai Zhou Ying, Vice President of CyberAgent Investment China and Mr Guo Lin Jun, Partner of Broad & Bright Lawyers' Office discussed whether venture capital will build up project resources for startup board, how to support and develop the SMEs in China, how will the launch of startup board drive private investments, and how the wealth derived from the growth of private sector will fuel the domestic consumption and economic development in China. |
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| Exploring Chinese innovation at the inaugural Eastern China Alumni Network Forum |
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| Alumni member Winston Nyo,Mr Cheng Bing Hao, Mr Brian Xin, Mr.Chase Ma and Dr Ya Cai |
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The inaugural Chinese forum by NUS Business School Eastern China Alumni Network (ECAN) was held on 21 November 2009. The forum was co-organised by Shanghai MBA Alumni Association (SHMBA), an alumni association consisting of alumni from the top twelve Business Schools in the US. The topic "Exploring Chinese Innovation" attracted more than 50 ECAN alumni and over 50 SHMBA members. |
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| Mr Cheng Bing Hao, CEO and founder of China Kaixin001.com shared the factors that he thought had contributed to the success of his venture - a dedicated and innovative team, good knowledge of Chinese culture and social habits of social networking website users, creation of an uncontested new market, a clear product philosophy and the constant drive to improve. At the panel discussion, alumni member Mr Winston Nyo was the moderator, and the panelists were Mr Cheng Bing Hao, Mr Chase Ma, founder and creative director of fashion retail startup A205, Mr Brian Xin, senior advisor of angel fund Taishan Invest AG and Dr Ya Cai, founder and CEO of Highstar Ltd., a startup focusing on herbal health beverage R&D, marketing and production. |
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Get connected with your fellow alumni here! |
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4 Jan |
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MBA Intensive Classes (Leadership & Organisations and Management & Organisations)
Until 9 Jan
Time: 8.30am - 5pm
Venue: Mochtar Riady Building, SR3-1/SR3-2/SR3-3/SR3-4
Contact Karen Tan or Serene Tan from MBA Programme Office for more details.
Doing Business in Asia Programme - New York University
Until 15 Jan
Time: 9am - 5pm
Venue: Mochtar Riady Building,
Level 5
Contact Alicia Lee from Executive Education for more details. |
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5 Jan |
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NUS BSA Alumni Luncheon with YMCA
Time: 12nn - 2pm
Venue: Y Café
Contact Jeanine Chen from Global Alumni Network Office for more details.
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8 Jan |
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MBA Student Exchange Orientation Programme
Time: 9.30am - 4pm
Venue: Mochtar Riady Building,
MPH 4-2
Contact Zahira Nawi from MBA Programme Office for more details. |
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9 Jan |
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Asia-Pacific Executive MBA (English) Information Session
Time: 1pm
Venue: Park Hyatt Saigon, Vietnam
Contact Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details.
Asia-Pacific Executive MBA (Chinese) Programme Briefing
APEX-C 课程宣传讲座: 地缘优势和全球观点, 聚焦亚太的学习之旅
Venue: Taipei, Taiwan
Contact Yang Jia from Asia-Pacific Executive MBA (Chinese) Programme Office for more details. |
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11 Jan |
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Asia-Pacific Executive MBA (Chinese) Programme Segment
Until 23 Jan
Venue: Penang, Malaysia
Contact Yang Jia from Asia-Pacific Executive MBA (Chinese) Programme Office for more details. |
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12 Jan |
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Asia-Pacific Executive MBA (English) Information Session
Time: 7.30pm
Venue: Rizqun International Hotel, Brunei
Contact Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details.
NUS BSA Board of Director Meeting
Time: 7pm - 9pm
Venue: Shaw Foundation Alumni House Alumni Service Center Network Hub Boardroom
Contact Jeanine Chen from Global Alumni Network Office for more details. |
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13 Jan |
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BBA Career Planning and Management: Introduction to Career Planning and Creating Four Year Strategic Plan
Time: 3pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details. |
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14 Jan |
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BBA Career Planning and Management: Introduction to Career Planning and Creating Four Year Strategic Plan
Time: 3pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details. |
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15 Jan |
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MBA Welcome Back Luncheon
Time: 12pm - 2pm
Venue: NUS Guild House
Contact Caleb Chew from MBA Programme Office for more details.
Alumni Group Leaders Retreat 2010
Time: 6.30pm - 9pm
Venue: NUS Business School
Contact Jeanine Chen from Global Alumni Network Office for more details. |
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16 Jan |
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The NUS MBA / Asia-Pacific Executive MBA (English) Information Session
Time: 1pm
Venue: Mandarin Oriental Kuala Lumpur, Malaysia
Contact Jason Huan from MBA Programme Office or Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details.
Asia-Pacific Executive MBA (English) Programme Segment
Until 31 Jan
Venue: Singapore and Jakarta
Contact Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details.
Asia-Pacific Executive MBA (Chinese) Programme Briefing
APEX-C 课程宣传讲座 : 地缘优势和全球观点, 聚焦亚太的学习之旅
EMBA企业家座谈会
Venue: Penang, Malaysia
Contact Yang Jia from Asia-Pacific Executive MBA (Chinese) Programme Office for more details.
Asia-Pacific Executive MBA (Chinese) Programme Briefing
APEX-C 课程宣传讲座: 地缘优势和全球观点, 聚焦亚太的学习之旅
EMBA专题讲座: 有效的管理
Time: 1.30pm - 5.30pm
Venue: Grand Hyatt Beijing, China
Contact Yang Jia from Asia-Pacific Executive MBA (Chinese) Programme Office for more details.
The NUS MBA Information Session
Time: 4pm - 6pm
Venue: ICON, Singapore
Contact Edwin Lim from MBA Programme Office for more details. |
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19 Jan |
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NUS Business School Management Advisory Board Meeting
Time: 10am - 12.30pm
Venue: Mochtar Riady Building, Executive Lounge
Contact Faith Koh from Corporate Relations & Communcations for more details.
Soft Launch of the Mochtar Riady Building
Time: 12.30pm - 2pm
Venue: Mochtar Riady Building Foyer, Level 1
Contact Koh Pei Key from Corporate Relations & Communcations for more details. |
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20 Jan |
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UCLA - NUS Executive MBA Programme Segment
Venue: Los Angeles
Contact Michelle Yow from UCLA - NUS Executive MBA Programme Office for more details.
BBA Career Planning and Management: Resume and Cover Letter Writing
Time: 3pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details.
NUS President's Dialogue Lunch with NUS Business School Alumni
Time: 12nn - 2pm
Venue: Shaw Foundation Alumni House
Contact Aw Beng Teck from Global Alumni Network Office for more details. |
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21 Jan |
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BBA Career Planning and Management: Resume and Cover Letter Writing
Time: 3pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details.
45th Anniversary Business Thought Leadership Dialogue Series - Setting your Compass to Success
Speaker: Ms Euleen Goh, NUS Business School Advisory Board
Time: 4pm - 5.45pm
Venue: Mochtar Riady Building, MPH 4-2
Contact Lee Ling Ling from Corporate Relations & Communcations for more details.
BBA Recruitment Presentation: General Insurance Association of Singapore Global Internship Programme
Time: 4pm
Contact Nur Rafidah from Career Services for more details. |
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22 Jan |
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Career Skills Workshop: Professional Tailoring
Time: 9.30am - 5.30pm
Venue: Career Services Office
Contact Lee Hui Peng or Nor Zitah from Career Services for more details.
BBA Career Talk by JP Morgan on Internship Opportunities in Operations
Time: 6.15pm
Contact Nur Rafidah from Career Services for more details.
NUS BSA Round Table Luncheon
Time: 12nn - 2pm
Venue: Kent Ridge Guild House
Contact Jeanine Chen from Global Alumni Network Office for more details. |
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23 Jan |
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The NUS MBA / Executive MBA Fair
Time: 10am - 6pm
Venue: The Ritz-Carlton, Millenia Singapore
Contact Jason Huan from MBA Programme Office or Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details.
Asia-Pacific Executive MBA (Chinese) Programme Briefing
APEX-C 课程宣传讲座 : 地缘优势和全球观点 , 聚焦亚太的学习之旅
EMBA专题讲座: 中国品牌，品牌中国
Time: 1.30pm - 5.30pm
Venue: Le Royal Meridien Shanghai, China
Contact Yang Jia from Asia-Pacific Executive MBA (Chinese) Programme Office for more details. |
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26 Jan |
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BBA Recuitment Presentation by L'Oreal Singapore
Time: 6.30pm
Venue: LT 18
Contact Nur Rafidah from Career Services for more details. |
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27 Jan |
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MBA Career Skills Workshop: Management Presentation Skills Workshop by DHL Inhouse Consulting
Time: 9am - 12pm
Venue: Seminar Room 8 & 9
Contact Nor Zitah from Career Services for more details.
BBA Internship Briefing
Time: 3pm - 5pm
Venue: LT 17
Contact Nur Rafidah from Career Services for more details.
BBA Career Planning and Management: Competing Successfully at Interviews
Time: 3.30pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details.
BBA Recuitment Presentation by OCBC Bank
Time: 6.30pm
Venue: LT 16
Contact Nur Rafidah from Career Services for more details. |
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28 Jan |
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BBA Career Planning and Management: Competing Successfully at Interviews
Time: 3pm - 6pm
Venue: LT 18
Contact Lee Hui Peng from Career Services for more details.
BBA Recruitment Presentation by Leeden
Time: 6.30pm
Contact Nur Rafidah from Career Services for more details. |
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29 Jan |
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MBA Student Council Leaders' Retreat
Time: 9am - 6pm
Contact Caleb Chew from MBA Programme Office for more details.
MBA Student Exchange Briefing (Fall Semester, AY2010/2011)
Time: 3pm - 5pm
Venue: Mochtar Riady Building, MPH 4-2
Contact Zahira Nawi from MBA Programme Office for more details.
BBA Recruitment Presentation by Kim Eng Securities
Time: 6.15pm
Contact Nur Rafidah from Career Services for more details. |
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30 Jan |
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Practical Investing Workshop by Mark Ong: Session I
Time: 10am - 1pm
Venue: LT 18
Contact Nur Rafidah from Career Services for more details.
The NUS MBA / Asia-Pacific Executive MBA (English) Information Session
Time: 1pm - 5pm
Venue: Hotel Mulia Senayan, Indonesia
Contact Jason Huan from MBA Programme Office Samantha Chew from Asia-Pacific Executive MBA (English) Programme Office for more details. |
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