【Article by College of Science in Global Banking and Finance】
National Chengchi University’s (NCCU) College of Science in Global Banking and Finance held a welcome party on July 9 for its new dean, Li Sheng-yen, at the Center for Public and Business Administration Education.

More than 100 people attended the event, including former Vice President Chen Chien-jen, Minister of the Interior Hsu Kuo-yung, Bank of Taiwan Chairman Joseph Lyu, NCCU Professor Hou Chin-ing, former Central Bank Governor Perng Fai-nan, Senior Advisor to the President Yen Chuh-fa, Senior Advisor to the President Huang Kun-hu, Japan’s Nomura Research Institute Chief Economist Richard Koo, and Wealth Magazine publisher, Hsieh Chin-ho.

Chen Chien-jen said that President Tsai Ing-wen has high hopes for the college, and the government was determined to make national industries stronger. “Education is the key to winning big internationally.” Chen said. “However, having bilingual skills is not enough. Knowing more than three languages means that one can foresee the opportunities coming in global financial development.”

He said that he was optimistic about the future of the nation’s finance markets and pointed out that Taiwan has an outstanding educational system and this was particularly true of the quality faculties and students at NCUU. He added that he is looking forward to seeing further progress and prosperity at the college under Li Sheng-yen’s leadership.

NCCU President Kuo Ming-cheng said the new program receives funding from the Executive Yuan’s National Development Fund, and is supported by Taiwan’s top eight banks, stock exchanges, and 27 financial companies.

“We hope outstanding international talents, especially second- and third-generation Taiwanese, will sign up for courses,” Kuo said. “They can also put into practice what they learn in the world’s major financial cities, such as New York, Frankfurt, Singapore, Bangkok, and Jakarta.”

NCCU’s next president Li Tsai-yen, who is set to start his term on Aug. 1, said the purpose of setting up the institute was to cultivate skillful people who are experts in financial product design, asset management, and inclusive finance. The foundation is a milestone in the country’s pursuit of higher education and innovative teaching, he added.

Dean Li expressed his gratitude for all the support he has received, and also mourned the loss of Japan’s former Prime Minister Shinzo Abe. He referenced the 2004 film, “The Day After Tomorrow,” saying that he expected students to find strength and survive all hardships because the sun will always rise tomorrow. He encouraged pupils to use the resources provided by the university wisely and learn from the outstanding instructors at the college.
Li pointed out that tourism, science and technology, and finance are key areas for development in the future, while the nation’s semiconductor industry is leading the world. Following national policy, establishing NCCU’s new college and the joint research center (founded by TSMC and National Taiwan University) is of vital importance, Li added.

NCCU’s new school aims to become an Asian capital allocation and high-level asset management center. It has recruited professionals from international companies – including banks, investment trusts, and investment counseling services – and will adopt innovative teaching methods that have both academic and practical applications.

Additionally, corporations that financially sponsored the college have selected their top employees to register for classes. The second term for enrollment began on July 7 and is accepting 63 students.