Shanghai, 24 August 2016 - Earlier today, in association with one of China's leading business schools, School of Management of Fudan University (FDSM) in Shanghai, UBS launched the "UBS-Fudan Finance Certificate and Scholarship". Dean of FDSM, Professor Xiongwen LU; UBS Group Country Head and President, Eugene Qian; and Chief Communications Officer for UBS in Asia Pacific, Rob Stewart, attended the signing ceremony.
The Program is aimed primarily at master's students majoring in Financial Engineering and Financial Management, and MBAs, but is also available to top third-year undergraduates. As well as enhancing professional knowledge and practical skills, the Program seeks to provide local talent with international insight. Participants completing the program will have priority for UBS China's summer internship and graduate talent programs. In addition, based on performance, outstanding students will qualify for the UBS Scholarship.
"Fudan University is one of the top universities in China. Its School of Management ranks among the top-100 business schools globally, and has been a nursery for talent for local and multinational corporates. Partnering with FDSM not only reinforces our commitment to the Mainland, but is also an integral part of our strategy for nurturing talent in China," said Qian.
The UBS-Fudan Finance Certificate Program will address the latest operational trends, including financial product structuring and quantitative analysis, in investment banking, and in wealth and asset management. Students will have direct access to senior management from UBS China and other business units and functions to gain industry insight and practical experience.
"The key to ensuring Shanghai remains an international financial center is the development of a sustainable pipeline of high-quality talent that meets international standards and is capable of supporting China's transition and growth. The UBS-Fudan Finance Certificate Program allows students to learn and gain practical insight from a world-leading financial institution. Through close cooperation between the university and leading financial institutions, FDSM seeks to cultivate high-quality talent to support the consolidation of Shanghai as an international financial center,"added Professor Lu.
"UBS is committed to supporting the local communities in which it operates. The support of education and talent development is in line with our mission to promote sustainability in the industry and in society more generally," added Qian.
In response to the increasing demand for financial talent to support UBS's business growth in China, UBS recently opened the Shanghai campus of the UBS Business University. The campus will provide training for employees new to the firm and the industry, as well as on-going professional development to existing staff. The UBS Business University expects to open a campus in Beijing by early 2017.
Notes for editors
UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
In China, UBS has a multi-entity domestic platform which allows it to develop its core businesses - wealth management, asset management and investment bank. The establishment of UBS Securities represents the first time that a foreign-entity has been allowed to invest directly into a fully-licensed securities firm. UBS Securities holds 100% stake in UBS Futures Co. Limited. UBS (China) Limited is the wholly foreign owned bank focusing on wealth management business. UBS SDIC Fund Management Co. Ltd is a joint venture with the State Development Investment Corporation in which, for the first time, a foreign partner holds the maximum 49% equity stake. UBS Global Asset Management (China) Limited in Beijing is engaged in domestic non-securities equity investment management and advisory services. UBS Asset Management (Shanghai) Ltd in the Shanghai Free Trade Zone offers private funds for investing in overseas markets under the Qualified Domestic Limited Partner (QDLP) scheme.
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