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 ($930) 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,,cheap shoes, 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 said.
Li Luxiang contributed to this story.
Friday, July 29, 2011
Thursday, July 28, 2011
Accused scientist arrested
Accused scientist arrested,,CVC Fabric, reports academy
BEIJING - A top scientist who was publicly accused by his estranged wife of having affairs and misusing government research grants has been arrested, according to his employer on Thursday.
Duan Zhenhao, who had been in line for a senior role with the Chinese Academy of Sciences, is alleged to have used public money to pay personal travel expenses and is suspected of corruption.
Accused scientist arrested,The anime figure comes in various sizes and colors. Therefore, every runner has a fitting size and a choice of the favorite color. When you purchase this shoe reports academy
A statement on the website of the academy's institute of geology and geophysics, his employer,,cheap Chargers Jerseys, says Duan was taken into police custody on charges of corruption but does not say when.
Officials at the institute could not be reached on Thursday. China Daily was also unable to confirm the arrest with authorities before going to press.
Duan has been under the spotlight since Cao, his wife, started on June 29 to post stories and pictures about his alleged exploits on her blog.
Cao, who did not want to be identified, told China Daily on Thursday she has plenty of evidence relating to her husband's "illegal doings", but added: "I haven't handed in my evidence to (police) yet because it's not a good time."
She declined to comment on what she will do next and refused to react to the statement about Duan's arrest.
Following Cao's posts, in which she accused her husband of misusing funds, sleeping with one of his students and fathering an illegitimate daughter, the institute launched an investigation. It later revealed that the student in question, surnamed Zhang,,Cheap Christian Louboutin, had changed tutors in 2010 because of health reasons and was still studying for a doctoral degree.
BEIJING - A top scientist who was publicly accused by his estranged wife of having affairs and misusing government research grants has been arrested, according to his employer on Thursday.
Duan Zhenhao, who had been in line for a senior role with the Chinese Academy of Sciences, is alleged to have used public money to pay personal travel expenses and is suspected of corruption.
Accused scientist arrested,The anime figure comes in various sizes and colors. Therefore, every runner has a fitting size and a choice of the favorite color. When you purchase this shoe reports academy
A statement on the website of the academy's institute of geology and geophysics, his employer,,cheap Chargers Jerseys, says Duan was taken into police custody on charges of corruption but does not say when.
Officials at the institute could not be reached on Thursday. China Daily was also unable to confirm the arrest with authorities before going to press.
Duan has been under the spotlight since Cao, his wife, started on June 29 to post stories and pictures about his alleged exploits on her blog.
Cao, who did not want to be identified, told China Daily on Thursday she has plenty of evidence relating to her husband's "illegal doings", but added: "I haven't handed in my evidence to (police) yet because it's not a good time."
She declined to comment on what she will do next and refused to react to the statement about Duan's arrest.
Following Cao's posts, in which she accused her husband of misusing funds, sleeping with one of his students and fathering an illegitimate daughter, the institute launched an investigation. It later revealed that the student in question, surnamed Zhang,,Cheap Christian Louboutin, had changed tutors in 2010 because of health reasons and was still studying for a doctoral degree.
Wednesday, July 27, 2011
Cruijff returns to Ajax after 23 years
Cruijff returns to Ajax after 23 years
Johan Cruijff has returned to Ajax in an official function 23 years after he quit the club as a coach. The 64-year-old club legend will be part of the new supervisory board.
After the members council agreed to the appointment of the new supervisory board 42 days ago, the shareholders gave their approval as well on Monday in Amsterdam.
The new board, including chairman Steven ten Have and former player Edgar Davids, were elected unanimously, while Cruijff had 10 votes against him. Some of the shareholders were irritated by the fact that Cruijff was the only new commissioner who wasn't present at the extraordinary general meeting.
"We already had received some signals that he wouldn't come," said the new chairman Ten Have. "But we did hope until the last moment that Johan would come anyway."
The new supervisory board's first job will be to look for a suitable CEO, a successor to Rik van den Boog. Cruijff's personal favorite new director, former player Tscheu La Ling, did not get the support of the other commissioners.
Johan Cruijff has returned to Ajax in an official function 23 years after he quit the club as a coach. The 64-year-old club legend will be part of the new supervisory board.
After the members council agreed to the appointment of the new supervisory board 42 days ago, the shareholders gave their approval as well on Monday in Amsterdam.
The new board, including chairman Steven ten Have and former player Edgar Davids, were elected unanimously, while Cruijff had 10 votes against him. Some of the shareholders were irritated by the fact that Cruijff was the only new commissioner who wasn't present at the extraordinary general meeting.
"We already had received some signals that he wouldn't come," said the new chairman Ten Have. "But we did hope until the last moment that Johan would come anyway."
The new supervisory board's first job will be to look for a suitable CEO, a successor to Rik van den Boog. Cruijff's personal favorite new director, former player Tscheu La Ling, did not get the support of the other commissioners.
Tuesday, July 26, 2011
Career opportunities
Career opportunities
In an April survey conducted by eFinancialCareers.com, a leading global website for career advice in banking and financial markets, 56 percent of responding companies said they are looking to increase their head count in 2011. However, 95 percent of them believe there is shortage of skilled talent in the current market. As many as 28 percent described the shortage as "long-existing".
Further complicating matters is a tendency among those already employed in the sector to switch jobs.
Fluidity is typical in the financial services industry, according to George McFerran, head of Asia-Pacific at eFinancialCareers. Referring to another survey his company conducted,,wholesales mac Lip gloss, he said: "While 77 percent of respondents expressed their satisfaction with their current job, they said they are still continuously looking for better career opportunities. Another 13 percent said that they were unhappy and wanting to change jobs as soon as possible."
Mark Hall, a manager at Kelly Services China, a human resources and consulting company, echoed the sentiment.
Hall cited a recent study that showed the majority of financial organizations (93 percent) reported a lack of middle- to senior-level professionals with relevant skills,,CVC Fabric, which had a negative effect on their ability to serve clients.
"The difficulty in hiring and retaining middle- to senior-level professionals has remained the top business challenge for companies," Hall said.
Furthermore, the greatest negative effect is experienced by the private equity and trust ends of the business, followed by funds, securities, insurance and investment banking. The skills reported to be in shortest supply are those considered most important for middle-ranking and senior executives in the sector. Initiative and enterprise - considered to be two of the most important skills - are cited among the top skills in short supply.
"As the financial services sector in China is constantly challenged by changes, organizations are looking out for middle- to senior-level professionals who possess high levels of initiative and the ability to build long-term relationships with clients as well as autonomously sell products and services that are targeted to individual client needs," Hall told China Daily.
This has mirrored findings from eFinancialCareers, which identified corporate banking relationship managers, private banking relationship managers and risk managers as the top three professionals most wanted in the talent pool.
"As the financial sector is by nature a service industry, it is highly essential to maintain relationships to draw clients and sell products," McFerran said.
In an April survey conducted by eFinancialCareers.com, a leading global website for career advice in banking and financial markets, 56 percent of responding companies said they are looking to increase their head count in 2011. However, 95 percent of them believe there is shortage of skilled talent in the current market. As many as 28 percent described the shortage as "long-existing".
Further complicating matters is a tendency among those already employed in the sector to switch jobs.
Fluidity is typical in the financial services industry, according to George McFerran, head of Asia-Pacific at eFinancialCareers. Referring to another survey his company conducted,,wholesales mac Lip gloss, he said: "While 77 percent of respondents expressed their satisfaction with their current job, they said they are still continuously looking for better career opportunities. Another 13 percent said that they were unhappy and wanting to change jobs as soon as possible."
Mark Hall, a manager at Kelly Services China, a human resources and consulting company, echoed the sentiment.
Hall cited a recent study that showed the majority of financial organizations (93 percent) reported a lack of middle- to senior-level professionals with relevant skills,,CVC Fabric, which had a negative effect on their ability to serve clients.
"The difficulty in hiring and retaining middle- to senior-level professionals has remained the top business challenge for companies," Hall said.
Furthermore, the greatest negative effect is experienced by the private equity and trust ends of the business, followed by funds, securities, insurance and investment banking. The skills reported to be in shortest supply are those considered most important for middle-ranking and senior executives in the sector. Initiative and enterprise - considered to be two of the most important skills - are cited among the top skills in short supply.
"As the financial services sector in China is constantly challenged by changes, organizations are looking out for middle- to senior-level professionals who possess high levels of initiative and the ability to build long-term relationships with clients as well as autonomously sell products and services that are targeted to individual client needs," Hall told China Daily.
This has mirrored findings from eFinancialCareers, which identified corporate banking relationship managers, private banking relationship managers and risk managers as the top three professionals most wanted in the talent pool.
"As the financial sector is by nature a service industry, it is highly essential to maintain relationships to draw clients and sell products," McFerran said.
Financial industry in Shanghai reports shortage of talent
Financial industry in Shanghai reports shortage of talent
While regulations are being finessed for the launch of the Shanghai international board, which would allow foreign companies to list on the Chinese mainland for the first time, attention is also being focused on one crucial element: a chronic lack of skilled financial professionals.,wholesale POLO Ralph Lauren SERIES,
Foreign banks and local securities companies are scurrying to find workers with the right skills and experience. Even Tu Guangshao, Shanghai's vice-mayor in charge of finance services, said the greatest inhibitor to the city's bid to be a world financial center was the lack of professionals.
The Lujiazui financial district in Shanghai. The difficulty in hiring and retaining high-caliber professionals has become the biggest business challenge for companies in the Chinese financial hub. (China Daily Photo)
The latest statistics show that the number of people working in finance in Shanghai is 300,000, up from the 200,,Ronaldo soccer jersey,000 in 2006. However, that is only 2 percent of the city's total work force. In New York, the figure is 10 percent.
There are fears this could hamper China's ambition to turn the city into a competitive international financial center that could rival New York, London, Hong Kong or Singapore by 2020.
While regulations are being finessed for the launch of the Shanghai international board, which would allow foreign companies to list on the Chinese mainland for the first time, attention is also being focused on one crucial element: a chronic lack of skilled financial professionals.,wholesale POLO Ralph Lauren SERIES,
Foreign banks and local securities companies are scurrying to find workers with the right skills and experience. Even Tu Guangshao, Shanghai's vice-mayor in charge of finance services, said the greatest inhibitor to the city's bid to be a world financial center was the lack of professionals.
The Lujiazui financial district in Shanghai. The difficulty in hiring and retaining high-caliber professionals has become the biggest business challenge for companies in the Chinese financial hub. (China Daily Photo)
The latest statistics show that the number of people working in finance in Shanghai is 300,000, up from the 200,,Ronaldo soccer jersey,000 in 2006. However, that is only 2 percent of the city's total work force. In New York, the figure is 10 percent.
There are fears this could hamper China's ambition to turn the city into a competitive international financial center that could rival New York, London, Hong Kong or Singapore by 2020.
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