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Finance career in China for oversea professionals

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The professor also points out that the biggest challenge for Shanghai now is not the lack of financial wizards in specific fields, but rather talented people with strategically innovative thinking and professional experience, who could help the government plan and design the financial system.

Academia has sensed the problem. According to Lu Xiongwen, dean of the school of management at Shanghai-based Fudan University, that is exactly why the school introduced two finance-related master programs last year, in cooperation with Princeton University and the University of Los Angeles in the US.

"Shanghai has a long way to go before it has an open financial market. The two programs are structured to prepare financial talent - people who could help design Shanghai's financial market system in the future," Lu says. He adds that one-third of the course would not be applicable to Shanghai's financial market because of policy restrictions.

The government subsidizes all the incoming students in the two master programs, waiving their tuition fees. Some are even granted an extra scholarship of up to 6,000 yuan (654 euros) a year.

Fudan's School of Management is expanding, vying to become the Chinese equivalent to the Sloan School of Management at the Massachusetts Institute of Technology.

This effort is in line with Shanghai's ambition to beef up its local business schools. In 2010, the government spent 320 million yuan on launching the Shanghai Advanced Institute of Finance under the auspices of Shanghai Jiaotong University, with the aim of making it a leading global business school within 12 years.

"Specialized degrees in finance are critical in training practitioners. They provide a short cut and tailor-made solution to meet the shortage of talented people in Shanghai," Lu says.

http://europe.chinadaily.com.cn/epaper/2011-07/22/content_12960622_3.htm
 
Hi Andy,
I chanced upon this post while searching for the MFin program offered by Shanghai Jiao Tong's Shanghai Advanced Institute of Finance. I was wondering whether you or anyone here has a review on this course and institute?
 
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