National Chengchi University
  • 2019 Oct 17
  • Nobel Perspectives Live: NCCU GLORIA builds talents & competitiveness for Taiwan’s future finance industry

Group photo of guests at Nobel Perspectives Live, Chengchi University: General Manager Hsin Chiao of UBS Asset Management Taiwan (third from the left); Deputy Chairman Tien-Mu Huang of FSC (fourth from the left); Robert Merton, Nobel Laureate in Economics (fifth from the left); Deputy Minister Yu-Han Tsou of MOST (fourth from the right); Lee-Ling Wang, Director of the FinTech Research Center, NCCU (third from the right)


Chengchi University (NCCU) is the only Global Research and Industry Alliance (GLORIA) member in Taiwan that adopts the theme of financial technology. It strives to promote the development of financial technology with the intention of establishing a complete financial ecosystem, and it plays an important role in the incubation platform for the startup industry. In order to increase exchange between various financial technology-associated organizations, NCCU GLORIA and UBS Asset Management collaborated in holding the event "Nobel Perspectives Live Chengchi University" on September 27, 2019. Professor Robert Merton, a Nobel laureate in economics; Yu-Han Tsou, the deputy minister of MOST; Tien-Mu Huang, the deputy chairman of FSC; and Hsin Chiao, the general manager of UBS Asset Management Taiwan was specially invited to attend. This event was a way to cultivate NCCU students' knowledge and skills to think progressively and integrate internationally. It builds talents and competitiveness for Taiwan's future finance industry.
 
The opening speeches given by Ming-Cheng Kuo, the president of NCCU, and Deputy Minister Yu-Han Tsou of MOST marked the start of the forum that day. The first forward-looking panel discussion - which was on financial technology and talent cultivation for building Taiwan's foundation - was hosted by Lee-Ling Wang, Director of the FinTech Research Center, NCCU. During the discussion, General Manager Hsin Chiao of UBS Asset Management encouraged the students to seize the time they have in university to actively develop their humanistic qualities, become cultured, and exercise thinking skills. Deputy Minister Tsou of MOST brought forward the policy objectives of MOST and emphasized that technology is human-oriented. MOST actively promotes GLORIA and assists in developing research centers. It also assists in the set-up and the maintenance and operation planning for innovative financial technology operations. It intends to link up the power of academic research and demands from industry development. MOST has cultivation mechanisms provided specifically for students and startup members. From fund-raising to establishment, MOST supports the establishment of new startups. Additionally, Deputy Minister Tsou mentioned that MOST is bringing impetus to the plan to connect foundations in order to improve the market and technology, as well as to connect them to relevant resources. The aim is to provide various resources that promote cross-domain development.



Scene of the first forward-looking panel discussion, which was on financial technology and talent cultivation for building Taiwan's foundation. (From left) Deputy Minister Yu-Han Tsou of MOST; General Manager Hsin Chiao of UBS Asset Management; Lee-Ling Wang, Director of the FinTech Research Center, NCCU


For the second panel discussion, General Manager Hsin Chiao of UBS Asset Management and Nobel Laureate Robert Merton discussed and shared ideas about the influence finance and technology have on the economy and future outlook. In the face of high uncertainty for the future and the panic sparked by financial technology, Professor Merton suggested attendees at the event to hold an optimistic attitude. He believes that disappearing jobs give rise to other job opportunities. There are two sides to everything; balance the innovation and risks in handling issues, and the problem of uncertainty will not exist. At the end of the forum, the participants were able to ask Professor Merton questions. NCCU students seized this rare opportunity to pick Professor Merton's brain, and the interaction at the scene was very lively as Professor Merton responded to live questions. He believes that adjusting your mentality is essential in facing a problem; choosing to change the attitude you have about things is the best preparation. All student attendees and guests were invited to take a group photo at the end of the forum, marking a perfect end to the forum. 


The second panel discussion - international integration and expert discussion: scene of the panel discussion on the influence of finance and technology have on the economy and future outlook. Professor Robert Merton, Nobel Laureate in Economics (left); General Manager Hsin Chiao of UBS Asset Management (right).
The event saw enthusiastic participation; all seats were taken at the event




The event saw enthusiastic participation; all seats were taken at the event


Group Photo from the Event



 
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