Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the...

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September 2015 | Issue 10 LKCSB Bi-annual E-newsletter Greetings! I hope you’ve all had a wonderful start to the new academic year. There have been a few changes at the Lee Kong Chian School of Business (LKCSB), and I’d like to bring you up to speed as best I can. It’s been eight months since I joined LKCSB as the Dean, and I’m delighted to say that the LKCSB family has been welcoming and helpful from the very beginning. I’d like to take this opportunity to thank the faculty, our professional staff and our students for making me feel right at home. I look forward to working together with everyone as we strive to serve our students and our broader community. In this issue’s Feature, we celebrate the Tenth Anniversary of the Lee Foundation’s Landmark Gift to LKCSB. Read more on Dr Lee Kong Chian, the history of the gift, and how it was that the school came to be called the Lee Kong Chian School of Business. Our faculty make us proud! Congratulations to our excellent faculty for the recognition of their hard work by way of numerous Research Awards. Their achievements can only be a reflection of their dedication towards making LKCSB “the best Asian business school” – to embrace our Asian identity, to embed ourselves in the community and region, and to make the boundaries of our school more porous. Check out the direction of their work under LKCSB Research News. Not forgetting the heart of any educational institution, our students have been busy winning accolades, not only for LKCSB and by extension SMU, but also Singapore. We are proud to feature our young athletes that have done us proud at the recent SEA Games under the Student Clubs and Students’ Achievements section. Finally, I am pleased to report that one of our LKCSB alumnus, Kaushal Dugar, was selected out of 198 nominees to have the honour of being accepted into AACSBs’ inaugural “Influential Leaders” class. Find out more about the ‘Influential Leaders from AACSB Business Schools Challenge’ and how Kaushal stood out amongst the competition in the Alumni Corner. As always, keep up the great work you do! Professor Gerard George Dean Lee Kong Chian School of Business Dean’s Message School Highlights LKCSB Research News >>More >>More >>More >>More >>More Faculty Honours, Promotions and Appointments Student Clubs and Students’ Achievements Postgraduate Programmes Updates LKCSB Ranks Highly in the Financial Times (FT) Global Masters in Finance Pre & Post-experience Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong Chian School of Business in support of the school’s mission to create business knowledge, and nurture keen minds to lead organisations and serve society. A decade on, we commemorate “philanthropy’s finest hour”, celebrate the Gift’s far-reaching impact, and pay tribute to one of Singapore’s pioneer businessmen, community leaders, and philanthropists – Dr Lee Kong Chian. Celebrating the Tenth Anniversary of the Lee Foundation Landmark Gift to LKCSB >> Read More Issue Feature School Highlights Alumni Corner Quick Links LKCSB Alumnus Receives AACSB’s Inaugural Influential Leaders Award >>More Alumni Corner

Transcript of Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the...

Page 1: Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong ... and Cass Business School

September 2015 | Issue 10 LKCSB Bi-annual E-newsletter

Greetings!

I hope you’ve all had a wonderful start to the new academic year. There have been a few changes at the Lee Kong Chian School of Business (LKCSB), and I’d like to bring you up to speed as best I can. It’s been eight months since I joined LKCSB as the Dean, and I’m delighted to say that the LKCSB family has been welcoming and helpful from the very beginning. I’d like to take this opportunity to thank the faculty, our professional staff and our students for making me feel right at home. I look forward to working together with everyone as we strive to serve our students and our broader community.

In this issue’s Feature, we celebrate the Tenth Anniversary of the Lee Foundation’s Landmark Gift to LKCSB. Read more on Dr Lee Kong Chian, the history of the gift, and how it was that the school came to be called the Lee Kong Chian School of Business.

Our faculty make us proud! Congratulations to our excellent faculty for the recognition of their hard work by way of numerous Research Awards. Their achievements can only be a reflection of their dedication towards making LKCSB “the best Asian

business school” – to embrace our Asian identity, to embed ourselves in the community and region, and to make the boundaries of our school more porous. Check out the direction of their work under LKCSB Research News.

Not forgetting the heart of any educational institution, our students have been busy winning accolades, not only for LKCSB and by extension SMU, but also Singapore. We are proud to feature our young athletes that have done us proud at the

recent SEA Games under the Student Clubs and Students’ Achievements section.

Finally, I am pleased to report that one of our LKCSB alumnus, Kaushal Dugar, was selected out of 198 nominees to have the honour of being accepted into AACSBs’ inaugural “Influential Leaders” class. Find out more about the ‘Influential Leaders from AACSB Business Schools Challenge’ and how Kaushal stood out amongst the competition in the Alumni Corner.

As always, keep up the great work you do!

Professor Gerard George Dean

Lee Kong Chian School of Business

Dean’s Message

School Highlights

LKCSB Research News

>>More

>>More

>>More

>>More

>>More

Faculty Honours, Promotions and Appointments

Student Clubs and Students’ Achievements

Postgraduate Programmes Updates

LKCSB Ranks Highly in the Financial Times (FT) Global Masters in Finance Pre & Post-experience Rankings 2015

Issue Feature

In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong Chian School of Business in support of the school’s mission to create business knowledge, and nurture keen minds to lead organisations and serve society. A decade on, we commemorate “philanthropy’s finest hour”, celebrate the Gift’s far-reaching impact, and pay tribute to one of Singapore’s pioneer businessmen, community leaders, and philanthropists – Dr Lee Kong Chian.

Celebrating the Tenth Anniversary of the Lee Foundation Landmark Gift to LKCSB

>> Read More

Issue FeatureSchool HighlightsAlumni Corner

Quick Links

LKCSB Alumnus Receives AACSB’s Inaugural Influential Leaders Award

>>More

Alumni Corner

Page 2: Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong ... and Cass Business School

September 2015 | Issue 10LKCSB Bi-annual E-newsletter

Celebrating the Tenth Anniversary of the Lee Foundation

Landmark Gift to LKCSB

A famous philanthropist and a firm believer in the value of education, the late Dr Lee Kong Chian was popularly known as the “Rubber and Pineapple King”, and widely recognised as one of the richest men in Southeast Asia. In 1952, at a time when charity was highly dependent on the rise and fall of business fortunes, the Lee Foundation was established as a philanthropic institution. For the last 40 years, the Foundation has supported a variety of causes; more than half its support goes towards projects in education.

In 2004, the Lee Foundation’s gift of S$50 million to Singapore Management University (SMU) opened a whole new chapter for its School of Business. In response to the Lee Foundation’s exceptional contribution, the Singapore Government provided a

School Highlights

Faculty Honours, Promotions and Appointments

Issue Feature

matching grant on the basis of 3:1, bringing the total sum to S$200 million (approximately US$120 million). At that time, this combined contribution was the largest ever to a tertiary institution in Singapore, and one of only a handful of gifts made to any university worldwide that is over US$100 million.

In recognition of the generous gift, the building which houses the School was named in perpetuity as the Lee Kong Chian Building. The gift also enabled the establishment of two significant initiatives: the Lee Kong Chian Scholars’ Programme, which provides up to 50 scholarships per year; and the Lee Kong Chian Fund for Excellence, which is dedicated to research and to raising the bar of excellence, not just at LKCSB, but for SMU.

In celebration of the Tenth Anniversary of the Landmark Gift, LKCSB has stepped up in its efforts to educate not just our students, but also the public on the history of this great man, through a Commemoration Wall featured prominently at LKCSB’s Level 1 lobby, as well as a website featuring more details of the history of Dr Lee, the Lee Foundation, significant milestones in LKCSB’s history and reflections from numerous beneficiaries of his gift.

We warmly invite all to peruse the website and enjoy the Reflection Videos. Please click here.

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Photo: Tan Sri Dato’ Dr Lee Kong Chian

Honours and AchievementsLKCSB is proud to congratulate:

Dean Professor Gerard GEORGE on being conferred the Fellowship of the City & Guilds of London Institute by the Council of the City and Guilds of London Institute (City & Guilds)

Associate Professor Mark CHONG on receiving the Excellent Teacher Award 2015

Professor Benedict KOH on receiving the Provost Award for Management Practice 2015

Associate Professor Kapil TULI on being conferred the Lee Kuan Yew Fellowship for Research Excellence

Professor Srinivas REDDY on receiving the Teaching Excellence in SMU Executive Development Award 2015

Assistant Professor Yuehua TANG on being conferred the DS Lee Foundation Fellowship

Assistant Professor GENG Xuesong on receiving the Most Promising Teacher Award 2014

Assistant Professor TEE Chyng Wen on receiving the Most Promising Teacher Award 2014

Professor YANG Kum Khiong on receiving the Public Administration Medal (Silver) during the 2015 National Day Awards

Senior Lecturer ANG Ser Keng on receiving the Teaching Excellence in Postgraduate Professional Programmes Award 2015

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Photographs Courtesy of SMU’s Office of Corporate Communication and Marketing

Page 3: Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong ... and Cass Business School

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Faculty Promotions & Appointments

Research Awards

Promotion to Associate Professor with Tenure

LKCSB would like to congratulate the following faculty on their promotions and new appointments:

Promotion to Full ProfessorAdministrative Appointments

Philip ZERRILLODeputy Dean, Programmes

Toru YOSHIKAWAProfessor of Strategic Management

Shantanu BHATTACHARYAAcademic Director, Doctor of Innovation and DBA programmes

ONG Siow HengProfessor of Corporate Communication (Education)

Lieven DEMEESTERAssociate Dean, MBA Programmes

Annie KOHProfessor of Finance (Practice)

Richard SMITHAcademic Director, MSc in Management

Gregor HALFFProfessor of Corporate Communication (Practice)

Awardees: Assistant Professor of Finance Gennaro BERNILE, together with Vineet Bhagwat and P. Raghavendra RauAwards: Ig Nobel Management Prize; Best Paper Award at the 2015 International Finance and Banking Society Meeting Project/Paper: “What doesn’t kill you will only make you more risk-loving: Early-life disasters and CEO behavior“

Awardees: Assistant Professor of Finance Gennaro BERNILE, together with Assistant Professor of Finance Hu Jianfeng and Assistant Professor of Finance Tang YuehuaAward: Best Paper Award at the Northern Finance Association (NFA) 2014 MeetingsProject/Paper: “Can information be locked up? Privately informed trading ahead of macro-news announcements”

Awardee: Associate Professor of Finance FU FangjianAward: First Class Award at the Chicago Quantitative Alliance Asian Meetings 2014Project/Paper: “Do Underwriters Compete on IPO Pricing?”

Awardees: Professor of Marketing Srinivas REDDY, together with Christopher Dula and Adina WongAward: Winning Case at 2014 EFMD Case Writing CompetitionProject/Paper: “Gillette’s “Shave India Movement”: Razor Sharp against the Stubble?”

Awardee: Assistant Professor of Finance HUANG DashanAward: Emerald Best Paper Award at the China Finance Review International Conference 2014Project/Paper: “Investor sentiment aligned: a powerful predictor of stock returns”

Awardees: Assistant Professor of Finance HUANG Dashan, together with PhD in Business (Finance) graduate Jiang Fuwei, Associate Professor of Finance Tu Jun and Visiting Professor of Finance Zhou GuofuAward: Best Paper Award at the International Conference on Corporate Finance and Capital Market 2014Project/Paper: “Cost Growth and Stock Returns”

Research News

Awardees: Associate Professor of Finance TU Jun, together with Chin-Han Chiang, Wei Dai, Harrison Hong, and Jianqing FanAward: Best Paper Award in Investments at the 2015 FMA European ConferenceProject/Paper: “When everyone misses on the same side: Debiased earnings surprises and stock returns”

Awardee: Associate Professor of Corporate Communication Susheela VARGHESEAward: COMM Prix Award (Academic Case Studies) at the 2014 Global Alliance World Public Relations ForumProject/Paper: “Boosting babies: Singapore’s drive to raise its birth rate”

September 2015 | Issue 10LKCSB Bi-annual E-newsletter

WANG RongAssociate Professor of Finance

FU FangjianAssociate Professor of Finance

Michael BASHSHURAssociate Professor of Organisational Behaviour and Human Resources

Onur BOYABATLIAssociate Professor of Operations Management

Reddi KOTHAAssociate Professor of Strategic Management

Page 4: Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong ... and Cass Business School

September 2015 | Issue 10LKCSB Bi-annual E-newsletterSchool Highlights

Awardees: Associate Professor of Marketing Kapil TULI, together with Christopher DulaAward: Winning Case at 2014 EFMD Case Writing CompetitionProject/Paper: “Jungle Beer: An Entrepreneur’s Journey”

Professor Philip Zerrillo, SMU Dean of Postgraduate Professional Programmes, commended the SAF officers “who brought with them their experiences, their past histories, their knowledge, their integrity, their discipline, their effort that … provides a unique (and) magical experience.”

“The one thing we’ve come to expect from this group is the integrity and the ethics and the morals that you brought to our group,” said Professor Zerrillo.

For more information, click here.

SMU and SAF have collaborated on a scholarship to recognise and reward Singapore’s military personnel for their contribution to our nation. The SAF Warrior Scholarship is intended as a partnership in talent development for the nation, aiming to equip retiring SAF military servicemen with advanced knowledge and skills to help them successfully transit from military service to a second career. Officially launched in January 2014, the programme offers retiring SAF personnel bond-free scholarships in 20 of SMU’s postgraduate programmes. On 15 July 2015, 10 SAF Officers became the inaugural batch of SWS scholars to be conferred their postgraduate degrees, 6 of which are LKCSB graduates.

Leading active investment manager, Columbia Threadneedle Investments, in partnership with the Singapore Management University (SMU) and Cass Business School (Cass), part of City University London, has announced the Columbia Threadneedle Investment Award 2015 winners. To participate, students were required to write an essay. The three most outstanding submissions from each university were shortlisted and one winner emerged from each university.

Postgraduate Programmes Updates Student Clubs and Students’ Achievements

Cognitare Wins Big at Case Competitions

LKCSB Ranks Highly in the Financial Times (FT) Global Masters in Finance in Pre & Post-experience Rankings 2015

SAF Warrior Scholarship Graduates

Columbia Threadneedle Awards 2015In June this year, Long Hongzhang, LKCSB’s Master of Science in Applied Finance graduate, received the 2015 Columbia Threadneedle Investment Award for his analysis of the modern portfolio theory and efficient market hypothesis. He won one of two S$24,000 scholarship prizesfor his efforts. LKCSB is proud to congratulate Hongzhang on this honour.

For more information, click here.

Awardee: Assistant Professor of Operations Management Helen ZHOUAward: Best Paper Award Honorable Mention at the 2014 CSAME (The Chinese Scholars Association for Management Science and Engineering)Project/Paper: “Merchant Management of Electricity Surpluses: Storage vs. Disposal”

LKCSB is the first school to be ranked in both the Pre-experience and Post-experience rankings, and is the highest-positioned new entrant.

LKCSB’s Master of Science in Applied Finance (MAF) programme ranked second in Asia for the Pre-experience ranking, while the Master of Science in Wealth Management (MWM) programme ranked third in the world for Post-experience, making LKCSB the only institution in Asia and in Singa-pore to make it to the top five positions globally, placing just after London Business School and University of Cambridge’s Judge Business School.

For more information on LKCSB, please click here.

Photograph Courtesy of SMU Centre for Management Practice

Team Cognitare (From left to right: Bay Jin Cheng Justin, Colin Chng Min Kiat, Club Advisor Prof Ma Kheng Min, Feng Luwei Chris and Vedant Daga) brought back the top honours from the inaugural Audi and Robert Walters Global Business Case Challenge 2015.

Team Cognitare (From left to right: Benjamin Wong Yew Weng, Phua Su Ann, Nigel Koh Rui Qian and Ting Li Na) emerged first runners-up at the 2nd Chulalongkorn International Business Case Competition (CIBCC) 2015.

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Page 5: Dean’s Message - Lee Kong Chian School of Business · Rankings 2015 Issue Feature In 2004, the Lee Foundation made a gift of S$50 million to the Lee Kong ... and Cass Business School

September 2015 | Issue 10LKCSB Bi-annual E-newsletterSchool Highlights

Business Students Winning Gold at the SEA Games 2015

Liane WongFencing

Chelsea Ann Sim Taekwondo

Yeo Kai QuanSwimming

University Student Life Awards 2015

LKCSB Alumnus Receives AACSB’s Inaugural Influential Leaders Award

Alumni Corner

Congratulations to the following LKCSB students, clubs and faculty for winning recognition at the 2015 University Student Life Awards!

SMU Excellence in Student Life Gold Award (Individual)Soon Kian Keong (Arts)Lim Han Yang Collin (Sports & Adventure)

Tan Tee Chee & Tsan Kah Ngooh Excellence in Student Life Silver Award (Individual)Lim Ke Hao (Student Leadership / Community Integration)

SMU Outstanding Achievement in Student Life Award (Individual/Club)Chelsea Ann Sim Shu Zhen (Sports & Adventure)Danny Yeo Kai Quan (Sports & Adventure)

SMU Faculty/Staff Contribution to Student Life Award (Individual)Tom Estad

SMU Alumni Association CCA Award (Club)Banking & Finance Interest Group (BFIG)

SMU Excellence in Student Life Bronze Award (Individual)Almeric Lee Kai Xuan (Sports & Adventure)Chia Yan Yi Vivien (Student Leadership / Community Integration)Fan Zhiwen Joel (Student Leadership / Community Integration)Heah Tian Song Samuel (Arts)Lee Jun Jie Samuel (Arts)Lee Ween Jiann (Student Leadership / Community Integration)Lim Ser Kiat (Student Leadership / Community Integration)Marcus Yeo Yu Ming (Sports & Adventure)Nigel Ng Jun Ming (Arts)Royce Lee Ji Xiong (Arts)Tan Kam Wei Eldwin (Arts)Timothy John Tjoe (Sports & Adventure)

The global accrediting body and membership association for business schools, AACSB International, has announced that LKCSB alumnus Kaushal Dugar has been recognised as one of 100 AACSB Influential Leaders around the world. As the only honoree from Singapore, and one of five from Asia, Kaushal joins a notable group of individuals from over 20 industry sectors across 21 countries to be recognised in the inaugural Influential Leaders from AACSB Business School challenge. The Influential Leaders from AACSB Business School challenge recognises business schools for their work in developing exceptional leaders and industry innovators, as well as individuals from AACSB-accredited schools who personify the role of a change agent and demonstrate positive impact on society.

Kaushal graduated from SMU with a Bachelor’s degree in Business Management in 2006 and is the Founder

and CEO of Teabox, an online tea retailing business that aims to disrupt the 200-year old tea industry in India. Since his graduation from SMU, his work has exemplified the innovative mindset and meaningful contributions to society that LKCSB graduates display, whether they operate within large corporations, small businesses or the nonprofit sector, in Singapore or overseas.

For more information on Kaushal, click here.

“I’m thrilled to be recognized by the AACSB as one of its first 100 Influential leaders… The broad-based education which I gained at LKCSB… has helped me grow Teabox as a successful global e-commerce company that has revolutionized the 200-year old global tea industry.”

Kaushal Dugar, Founder and CEO of Teabox

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Photographs Courtesy of SMU’s Office of Student Life

Photograph Courtesy of Adrian Seetho