In a speech at NUS Business School’s Gala Dinner to celebrate its 50th Anniversary, Deputy Prime Minister Tharman Shanmugaratnam spoke about the need for Singapore to create an innovative economy and society.
Mr Shanmugaratnam, who is also Coordinating Minister for Economic and Social Policies, spoke about how creativity and innovation can help Singapore earn its place in a constantly changing world.
Some 500 industry leaders, alumni and faculty came together on 28 October as NUS Business School celebrated the finale of its Golden Jubilee at the Leadership Forum & Gala Dinner.
From left: Shaun Lum, Tan Jing Jie, Choi Fong Wa, Rahul Mahtani and Ahamed Marzouq
Students Shaun Lum, Tan Jing Jie, Choi Fong Wa (all BBA year 3) and Ahamed Marzouq (BBA year 2) made the School proud by beating off 82 other teams from the UK, Hong Kong, Malaysia, Philippines, Thailand and Singapore to reach the grand finals of the ASEAN-China Case Competition on 18 October 2015.
Organised by Yale-NUS Global China Connection, the inaugural ASEAN-China Competition challenges student teams to conceptualise an eco-city in the Liangjiang area of Chongqing that would be economically and socially viable.
Without any training in urban planning, the team surprised the competition by clinching the third prize of SG$1000. The judges were impressed by the team’s robust case and its well-structured presentation. The team also had a fifth member, FASS (Econs) year 4 student Rahul Mahtani.
Congratulations to Professor Wong Poh Kam, Professor of Strategy & Policy, and Director of the NUS Entrepreneurship Centre, on winning the World Entrepreneurship Forum’s (WEnF) Entrepreneur for the World Award (Educator Category).
The award is conferred on exceptional entrepreneurs annually for their impact on society and their capacity to change the world. He is among only five recipients this year, and the only one in the Educator category.
Entrepreneurship is not about wealth, freedom or prestige. There is only one reason to become an entrepreneur: the passion to run one’s own business, according to Kelvin Teo (BAC Hons 2010), Director, Funding Societies.
“You need to be 100 percent sure why you are venturing out. And you believe that you’re better off failing in a start-up than succeeding in a MNC. Then do it and never look back,” he said.
Kelvin left his consulting job at a multinational firm and early this year, he co-founded Funding Societies, a peer-to-peer marketplace for SMEs to secure loans for growth.
Full-time MBA student Jose Antonio Borrero is finding that going on exchange programmes overseas brings major benefits. Last month, he took part in an entrepreneurship course at the Indian Institute of Management-Bangalore (IIM-B) and found the time spent there to be a precious experience.
The MBA programme offers some 17 courses under its short exchange programmes at universities worldwide, giving students the opportunity to broaden their outlook and develop awareness of different cultures and economic environments.
Participating schools include Tel Aviv University, Tsinghua University, and the Norwegian School of Economics. The duration of these courses ranges from one week to a month.
Jose Antonio Borrero (bottom left) with his classmates in Bangalore
Case competitions can be challenging for student teams who do not have industry knowledge to understand case studies.
But for Team Robolution, which comprises year four students Tan Jie Ni, Nguyen Quang Minh and Perry Chia, their visit to the case company gave them first-hand knowledge that enabled them to win the Asia Pacific – Supply Chain Management Challenge (AP-SCMC).
Several hundred NUS Business School alumni, students, faculty and staff came together on Friday 4 September to celebrate the 50th anniversary of the nation’s first and most established provider of business education.
Held at the School’s Mochtar Riady Building, six Masterclasses helmed by the School’s distinguished professors were organised exclusively for the Homecoming, to provide participants with insights into various global developments. Topics included the impact of high cost of car ownership, retirement planning, philanthropy, corporate governance, energy conservation with children and conducting business in China.
Orientation seems to be a time of fun and games for Business School first-year undergraduate students.
But it is an important period that allows them to settle into university life before classes start, according to Belmen Woo, the outgoing Vice-President for Student Life, Management Committee, Bizad Club.