HKUST business school Fact Sheet June 2012

School of Business & Management

Dean: Prof Leonard CHENG

Faculties

Professors: 32 Visiting scholars / Postdoc Fellows/Research Associates: 13

Associate Professors: 29 Research Assistants: 23 Teaching Support Staff: 40

Assistant Professors: 59 Technical Staff: 12* Non-technical Staff: 151

Students

PhD: 79 (FT) MPhil: 12 (FT) TPG#: 226 (FT); 907(PT) UG: 2150 (FT)

Research Funding (2007-2012)

RGC-GRF Grants: HK$60.80M (132 projects) International Research Grants: HK$0.63M (4 projects)

Other UGC/RGC Grants: HK$11.11M (128 projects) Internal Research Grants: HK$21.51M (134 projects)

ITF / External Industry

Grants:

HK$3.08M (2 projects) Contract Research: HK$6.18 M (33 projects)

* A pool of 12 computer hardware and application software staff serves the Departments and the Business School.

# The TPG programs include MBA, EMBA, MSc in Economics, MSc in Financial Analysis, MSc in Global Finance, MSc in

Investment Management, and MSc in Information Systems Management.

Research Directions and Strategy

The HKUST Business School’s research mission is to conduct rigorous research that advances global

business knowledge. The School continuously strives to achieve and maintain high quality of research as

benchmarked against international standards. Our strategy is to recruit the best-qualified academics,

irrespective of their gender and country of origin, and to encourage them to develop fully in their areas of

research by providing them with appropriate resources. The School has six departments, namely,

Accounting; Economics; Finance; Information Systems, Business Statistics & Operations Management;

Management; and Marketing. There is specialization of research areas in each department to maximize

prominence, but balanced with the need for a diverse expertise to meet its teaching needs. The results of our

faculty’s cutting-edge research form a strong foundation on which the School’s excellence in teaching is

built.

The School is committed to thought leadership by disseminating its research findings and expertise relevant

to practice to the public through various channels. We encourage faculty to attend and speak in industry

conferences, and to contribute professional views on public issues through the media such as newspaper

articles. The School’s “Business Insights” initiative also facilitates faculty members to disseminate their

research findings to the practitioners, through publication of their research summaries on the School’s

website and the monthly downtown presentations.

Major Research Facilities

The School provides a good infrastructure to support faculty research, which include excellent computing

facilities, well-designed and equipped labs for behavioral studies; a comprehensive database of financial data

etc. Request is being made to the University for additional space to cater for research needs for both existing

and new research areas (e.g. Experimental economics & neuroscience business research).

Besides, there are research centers that pool together faculty members with common interest to develop and

promote research programs and to attract both internal and external funding. Through the research centers,

the School has organized many research activities such as symposiums and conferences to promote academic

research as well as to reach out to the business community.

Major Achievements (2007-2012)

Throughout the years, the School and its faculty members have consistently been recognized for their

intellectual contributions both locally and internationally. Our faculty members have continued to

publish in top journals. Many of them also serve as editors or on the editorial boards of prestigious

academic journals.

Global research rankings provide summary statistics and statements about the School’s and

departments’ overall performance in academic research. The Business School as a whole is ranked no.

17 in the “UTD (UT Dallas) Top 100 World Rankings of Business Schools Based on Research

Contribution 2007-2011”. All departments* of the Business School are ranked top-20 worldwide and

no. 1 in Asia Pacific in the 2007-2012 period based on the articles published in respective academic

journals.

(* The UTD research ranking does not include journals in Economics and therefore the Economics

Department is not ranked.)

The School’s research performance is ranked no. 1 in Asia and no. 19 in the world in the most recent

Financial Times Global MBA Rankings 2012.

Research productivity has increased across departments. The success rate of the School’s application for

the CERG/GRF has been the highest among local business schools. Since 2008/09, the GRF success rate

has been over 50%.

A strong research culture, evidenced by a number of regular research activities such as research seminars

given by outstanding scholars and international conferences organized by the research centers and

departments. An example is the China Economic Development Forum organized by the Business School

in March 2011, during which the HKUST community, business professionals, academics and

policymakers shared insights on major issues of China’s economic development.

In collaboration with the University’s Institute for Advanced Study, the School invited world renowned

scholars to give talks on important topics. Examples include talks by Nobel Laureates Prof Eric

MASKIN, Prof Christopher PISSARIDES, and Prof Robert ENGLE.

The quality of PhD students has been improving, evidenced by the very good graduate placement. Below

are some examples of the job placements in the academia.

o Asia:

Peking University Tsinghua University

National University of Singapore The University of Hong Kong

The Chinese University of Hong Kong The Hong Kong University of Science and

Technology

o Australia:

Australian National University University of Sydney

University of New South Wales University of Melbourne

Monash University

o Europe:

University of Cambridge Tilburg University

University of Oulu Erasmus University

Max Planck Institute of Economics University of Manchester

University of Groningen

o North America:

Georgia State University University of Toronto

University of Texas at San Antonio

Department of Accounting

Head: Prof Kevin C W CHEN

Faculties




Students

PhD: 11 (FT) TPG#: 226 (FT); 907(PT) UG: 456 (FT)


RGC-GRF Grants: HK$ 7.68M (20 projects) Internal Research Grants: HK$ 1.84 M (18 projects)

Other UGC/RGC Grants: HK$ 1.85 M (17 projects)





We pursue state-of-the-art accounting research and aim to produce research publications in top international

journals. We have achieved our goal to be a globally recognized premier research faculty in accounting.

The department focuses on archival research, which is the mainstream methodology in contemporary

accounting research. Since the dominant research areas continue to evolve over time, the department’s

strategy is to recruit the best available candidates who are well trained in archival research methodology and

provide an excellent research environment. The environment includes databases, active workshops, and

prominent visitors. In recent years, the department’s faculty have made significant contributions and are well

recognized in research areas including corporate governance, executive compensation, financial disclosure,

valuation, financial analysts, auditing, and international accounting.

The department has been hosting the internationally recognized HKUST Accounting Symposium every year

since 1993. The symposium facilitates exchange of ideas with top international researchers and raises the

visibility of our own research.


Rich research databases, including stock market, accounting, financial analysts, and corporate governance

data in markets around the world.


Major publications: The faculty of the department published 19 articles in top three journals (Journal of

Accounting Research, Journal of Accounting and Economics, and The Accounting Review) from 2007 to

early 2012.

Ranking: The department ranks No. 14 worldwide based on the number of publications in top-3

accounting journals from 2007 to early 2012 (according to The UTD Top 100 World Rankings of

Business Schools, http://jindal.utdallas.edu/the-utd-top-100-business-school-research-rankings/).

Research awards: The faculty of the department has won research awards such as Best Paper Award from

AAA Western Regional Conference in 2007 (by Haifeng You) and Accounting and Finance 2007 Peter

Brownell Manuscript Runner-Up Award (by Ping-sheng Koh).

Editorial boards our faculty are serving:

o Prof C W Kevin CHEN: Editorial board member, Journal of Accounting and Public Policy; Editorial

board member, Abacus; Co-editor, The International Journal of Accounting (2002-2009), Associate

Editor, Journal of International Accounting Research (2001-2007).

o Prof Guochang ZHANG: Associate Editor, European Accounting Review; Editorial board member,

International Journal of Corporate Governance; Associate Editor, Asia Pacific Journal of Accounting

and Economics.

o Prof Peter CHEN: Editorial board member, Journal of International Accounting Research.

o Prof Charles HSU: Editorial board member, European Accounting Review.

Alumni Career

Most of RPg students graduated from the department with a PhD degree. Most are now serving as faculty at

universities in Asia, and some of them work in industry. Many of those serving as faculty have publications

in top accounting and finance journals.

Graduate Career

Guohua JIANG (MPhil, 1997) Professor, Peking University, China

Ming JIAN (PhD, 2003) Assistant Professor, Nanyang Technological University, Singapore

Jiwei WANG (PhD, 2003) Practice Associate Professor, Singapore Management University,

Singapore

Kun WANG (PhD, 2003) Associate Professor, Tsinghua University, China

Tianyu ZHANG (PhD, 2004) Associate Professor, The Chinese University of Hong Kong, Hong

Kong

Zhihong CHEN (PhD, 2005) Associate Professor, City University of Hong Kong, Hong Kong

Qinglu JING (PhD, 2005) Associate Professor, Shanghai University of Finance and Economics,

China

Haiyang ZHANG (PhD, 2005) Associate Professor, Tsinghua University, China

Yuan HUANG (PhD, 2006) Assistant Professor, The Hong Kong Polytechnic University, Hong

Kong

Qingchuan HOU (PhD, 2007) Assistant Professor, Shanghai University of Finance and Economics,

China

Shengquan HAO (PhD, 2008) Associate Professor, Shanghai Jiaotong Universtiy, China

Yu LIU (PhD, 2008) Vice President, Institutional Business, Hang Seng Investment

Management Ltd, Hong Kong

Rui GE (PhD, 2009) Assistant Professor, Zhongshan University, China

Rui SHEN (PhD, 2009) Assistant Professor, Erasmus Universtiy, Rotterdam, The Netherlands

Feng TANG (PhD, 2010) Teaching Fellow, The Hong Kong Polytechnic University, Hong Kong

Yangxin YU (PhD, 2011) Assistant Professor, Australian National University, Australia

Junqi ZOU (PhD, 2011) Research Assistant Professor, Hong Kong Baptist University,

Hong Kong

Department of Economics

Head: Prof Francis LUI

Faculties




Students



RGC-GRF Grants: HK$8.78M (25 projects) International Research Grants: HK$0.46M (3 projects)






The department aims to be recognized for extending the frontiers of knowledge and for applying rigorous research techniques to important economic and social issues. Beyond the core fields of microeconomics, macroeconomics and econometrics, we focus on: (1) Theory of the Firm and Industrial Organization(2) Economic Growth and Development(3) International Economics(4) the Chinese and Hong Kong EconomiesWe also pay close attention to some promising emerging fields, such as experimental and behavioral economics. To attain our objectives, we encourage collaborative research, invite leading academic to give seminars, organize international conferences, and most importantly, try to recruit the best researchers around the world aggressively. We collaborate with the University's Institute for Advanced Studies to appoint world renowned scholars, invite them for short visits or as speakers at talks and conferences. For example, a Nobel laureate in Economics will soon join the Department on a permanent basis.


Center for Economic Development; Center for Experimental Business Research (inter-departmental); Case

Lab, Behavioral Lab (inter-departmental).


International Rankings

The Department, despite its relatively small size, has consistently been ranked at the highest level in Asia. For example, the 2011 Academic Ranking of World Universities conducted by the Shanghai Jiaotong University ranks UST’s Economics Department as the #1 in Asia and the 45 th in the world. Those that are ranked below UST include such major Economics Departments as Toronto, Johns Hopkins, Brown and Caltech. In the sub-ranking based on the percentage of papers published in the top 20% journals, UST is ranked higher than Oxford, Cambridge, Yale and many other leading Departments. Although the criteria used are very different, the 2011 QS World University ranking puts Economics Department of UST at the 42nd position in the world. In 2011, EDUNIVERSAL Best Masters Ranking

ranks our Department as the #1 in East Asia. Based on papers published in top journals, a 2003 study commissioned by the European Economic Association ranks our Department as the top one in Asia and 37th in the world.

Our faculty members have served on the following editorial boards

The B. E. Journal of Theoretical Economics, China and World Affairs, Economic Theory, International Journal of Industrial Organization, Journal of Econometrics, Journal of Economic Theory, Journal of Human Capital, Journal of International Economics, Pacific Economic Review.

Multiple papers published (2007-2012) in the following top General or Field Journals plus publications

in many others

American Economic Review P&P, American Economic Journal- Applied Economics, American Economic Journal- Micro, American Economic Journal- Macro, Annals of Statistics, Econometrica, Econometric Theory, European Economic Review, Games and Economic Behavior, International Economic Review, Journal of Comparative Economics, Journal of Development Economics, Journal of Econometrics, Journal of Economic Behavior and Organization, Journal of Economic Dynamics and Control, Journal of Economic Theory, Journal of Industrial Economics, Journal of International Economics, Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Public Economics, Quarterly Journal of Economics, Rand Journal of Economics, Review of Economic Studies, Review of Economics and Statistics

Organizing and Hosting of International Conferences

o The Third Symposium on Econometric Theory and Applications (2007)o Monetary Policy and the Monetary Transmission Mechanism in Open Economies (2007)o Asia-Pacific Economic Association Annual Conference (2007)o Summer Workshop on Industrial Organization (2008)o The Potential of Developing a Commodities Market in Hong Kong (20th NBER-EASE, 2009)o Conference on Information and Access to Markets: New Approaches to Agricultural Development

(2011)o Conference on Financial Stability (2012)o International Workshop on Macroeconomics (2012)o Quarterly Forecasts of the Chinese Macro-economy (on-going collaborative research with Tsinghua

University since 2007)

Alumni Career

The Department has been successful in placing graduates in leading Universities and prominent business or

research institutions in Asia. Examples for a sample of graduates in the past years are listed below:

Graduate Career

Weiwei FAN (PhD, 2003) Director (Macroeconomics), PMA Investment Advisors Ltd,

Hong Kong

Tao LI (PhD, 2003) Professor & Associate Dean , Central University of Finance and

Economics, China

Zhihui MA (PhD, 2004) Senior Researcher, Samsung Economic Research Institute, Hong Kong

Yahong ZHOU (PhD, 2005) Associate Professor, Shanghai University of Finance & Economics,

China

Lanfang WANG (PhD, 2007) Assistant Professor , Shanghai University of Finance and Economics,

China

Huayang YU (PhD, 2007) Assistant Professor, Xiamen University, China

Xianbo ZHOU (PhD, 2007) Associate Professor, Sun Yat-sen University, China

King King LI (PhD, 2008) Research Associate, Max Planck Institute of Economics, Germany

Songfa ZHONG (PhD, 2008) Assistant Professor, National University of Singapore, Singapore

Kun JIANG (PhD, 2010) Research Assistant Professor, The University of Hong Kong,

Hong Kong

Kei Tat KU (PhD, 2010) Instructor, The Chinese University of Hong Kong, Hong Kong

Iris PANG (PhD, 2010) Chief Economist, Wing Lung Bank, Hong Kong

ZHANG Jin (PhD, 2010) Assistant Professor, Nankai University, China

Fuhai HONG (PhD, 2011) Assistant Professor, Shanghai University of Finance and Economics,

China

Tin Ho TSANG (MPhil, 2011) Economist, Economic Analysis and Business Facilitation Unit, HKSAR

Department of Finance

Head: Prof Kalok CHAN

Faculties




Students



RGC-GRF Grants: HK$15.35M (34 projects) Internal Research Grants: HK$ 8.90M(30 projects)

Other UGC/RGC Grants: HK$2.09M (20 projects) Contract Research HK$ 3.73M (19 projects)

ITF / External Industry Grants: HK$3.08M (2 projects)





One of the missions of the Department is to provide a good research environment to nurture our colleagues

so that they prosper. The Department has been proactive in:

Attracting distinguished scholars to visit HKUST, attend research seminars and conferences;

Seeking to collaborate with other schools within HKUST on interdisciplinary finance research;

Attempting to bring in external research funding (from RGC or industry) to boost the research

infrastructure.

Finance faculty members work at the forefront of research which cover areas/topics in: theoretical and

empirical corporate finance, financial intermediation, capital structure, payout policy, corporate governance,

dynamics of asset prices, market microstructure, derivatives, international financial markets, fixed-income

securities, real estate finance, corporate risk management, investments and real options, and etc.


The Department has excellent computing facilities and maintains a large number of financial databases, e.g.

CRSP, Compustat, Worldscope, IBES, SDC Platinum (M&A), IFR Platinum, TAQ, CEIC and HKEx tick

data. Bloomberg, Datastream and Thomson Reuters terminals are also readily accessible.

The Department also runs two research centers, namely, Center for Asian Financial Markets, and Value

Partners Center for Investing.


The Department has been consistently ranked No. 1 in finance research in the Asia-Pacific region and among

the top 25 in the world, according to the FMA-ASU Finance research rankings1.

HKUST’s global ranking in the past four years:

2010-11 Rank# 19

2009-10 Rank# 20

2008-09 Rank# 15

2007-08 Rank# 20

Since 2003, the Finance Department has been hosting and organizing annual symposiums on latest research

in Corporate Finance and Asset Pricing. Top academics are invited to present their research at the Finance

Symposium every year. In May 2012, the Department will also host a symposium on Household Finance

jointly with the Copenhagen Business School.

In addition, more than 200 regular and brown bag seminars have been scheduled from 2007 to end of March

2012. Invited speakers are top-notch academics and researchers from overseas and in Hong Kong.

Year Regular Seminars Brown Bag Seminars

2007 31 6

2008 23 17

2009 25 17

2010 20 25

2011 22 21

2012 (up to March) 3 4

Total 124 90

Alumni Career

Graduate Career2

YC CHAN (1997) Assistant Professor, The Hong Kong Polytechnic University, Hong Kong

Alex CHAN (1997) Assistant Professor, The University of Hong Kong, Hong Kong

Andy C W CHUI (1998) Assistant Professor, The Hong Kong Polytechnic University, Hong Kong

James KUNG (2000) Assistant Professor, Chaoyang University of Technology, Taiwan

Yuhong YAN (2000) Executive Trainee, Securities and Futures Commission, Hong Kong

Xia LI (2001) Assistant to President, China Hi-tech Property Exchange, China

Tak Po WONG (2002) Instructor, City University of Hong Kong, Hong Kong

Adrian CHEUNG (2003) Lecturer, Griffith University, Australia

Ming XU (2003) Assistant Professor, University of Macau, Macau

Candie CHANG (2003) Lecturer, Monash University, Australia

Xin CHANG (2003) Lecturer, University of Melbourne, Australia

Johnny KWOK (2003) Lecturer, The Open University of Hong Kong, Hong Kong

Hung Wan KOT (2004) Lecturer, University of Waikato, New Zealand

1 This study ranks university finance departments by the number of publications in the top four journals in finance, namely the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis and the Review of Financial Studies. Additionally, the FMA-ASU rankings page also includes articles which were published in a fifth journal, Financial Management. More details could be viewed at http://wpcarey.asu.edu/finance/rankings-guidelines.cfm.

2 Graduates are expected to have promoted to higher positions or switched organizations over the years.

http://wpcarey.asu.edu/finance/rankings-guidelines.cfm

http://wpcarey.asu.edu/finance/rankings-guidelines.cfm

Hong Keung TAM (2004) Assistant Professor, University of Macau, Macau

Shantanu BANERJEE (2005) Lecturer, Lancaster University, United Kingdom

Ning GAO (2005) Lecturer, University of Manchester, United Kingdom

Xin LIANG (2006) Vice President, DBS Bank Hong Kong, Hong Kong

Roger KING (2006)Adjunct Professor, The Hong Kong University of Science and

Technology, Hong Kong

Jie ZHANG (2006) Assistant Professor, The Hong Kong Polytechnic University, Hong Kong

Yuanto KUSNADI (2007) Assistant Professor, City University of Hong Kong, Hong Kong

Xiaohong ZHENG (2007) Intern, Citigroup Hong Kong, Hong Kong

Gang LI (2008) Assistant Professor, University of Macau, Macau

Qian PENG (2008)Visiting Assistant Professor, The Hong Kong University of Science and


Ling CEN (2009) Assistant Professor, University of Toronto, Canada

Full Yet Eric Campbell LAM

(2009)Visiting Assistant Professor, City University of Hong Kong, Hong Kong

Yunling CHEN (2010) Assistant Professor, Tsinghua University, China

WANG Zhen (2010) Assistant Professor, Shanghai University of Finance and Economics, China

Qinghao MAO (2011) Assistant Professor, Erasmus University, Netherlands

Ziyang WANG (2011) Assistant Investment Manager, Hang Seng Bank, Hong Kong

Zhibo YUAN (2011) Analyst, China Merchants Futures, China

Department of Information Systems, Business Statistics and Operations Management

Head: Prof James THONG

Faculties




Students



RGC-GRF Grants: HK$13.76M (28 projects) Internal Research Grants: HK$2.43M (35 projects)

Other UGC/RGC Grants: HK$2.67M (35 projects) Contract Research: HK$0.87M (5 projects)





The ISOM department consists of 3 groups: information systems (IS), operations management (OM), and

business statistics. We combine world-class research and award-winning teaching to train students for

successful and productive careers in both industry and academia. We examine how technology, operations,

and statistics can be harnessed by both traditional and online companies to create a competitive edge. Faculty

members are encouraged to pursue research in their areas of specialties and to publish in the top journals in

their disciplines.

We recruit faculty who have good potential or demonstrated ability to publish in the top journals and can

teach UG/MSc/MBA students well. We bring in leading scholars from top business schools to interact with

our faculty and to conduct courses for our PhD students. Through these interactions, joint projects are

initiated and PhD students get to know senior academics in the field. We also host two research centers: (1)

Center for Marketing and Supply Chain Management, and (2) Center for E-Commerce. These centers

organize workshops/ forums where faculty members can interact with industry people to explore ideas for

research projects.

Our faculty members are involved in consultancy projects for industry, local government agencies (e.g.,

Audit Commission of HK Government; Office of the Telecommunications Authority of HK), international

agencies (e.g. United Nations’ International Telecommunications Union), and foreign government regulators

(e.g. Telecommunications Commission of Thailand; Pakistan Telecommunications Authority).

Programs Offered

The department offers courses for the BBA (Information Systems), BBA (Operations Management), BSc

(Risk Management and Business Intelligence), MSc (Information Systems Management), MBA, PhD

(Information Systems), and PhD (Operations Management/Statistics).


Research Ranking

o Dept is ranked 17th in the world and 1st in Asia-Pacific, based on publications in Information Systems

Research, MIS Quarterly, Management Science, and Operations Research (for the period 2007-2011)

o 3 faculty members (Profs Inchi HU, Lancelot JAMES, Albert LO) are Fellows of the Institute of

Mathematical Statistics (IMS)

o 2 faculty members (Profs Kar Yan TAM - 9th and James THONG - 46th) are ranked among the Top 100

IS Researchers who published in the top 3 IS journals (for the period 1990-2011)

Senior Editor and Associate Editor of top journals

o 7 faculty members (Profs Albert HA, Albert LO, Kar Yan TAM, James THONG, Shaohui ZHENG,

Kai-Lung HUI, Michael ZHANG) served as Senior Editor or Associate Editor on editorial boards of

the top IS (4), OM (2), and Statistics (1) journals, including Information Systems Research, MIS

Quarterly, Management Science, Operations Research, Manufacturing and Service Operations

Management, and Annals of Statistics

Faculty Publications

o Faculty members have published in the very top academic journals such as American Economic

Review, Information Systems Research, MIS Quarterly, Journal of Management Information Systems,

Management Science, Operations Research, Manufacturing and Service Operations Management,

Production and Operations Management, Mathematics of Operations Research, Annals of Statistics,

Journal of the American Statistical Association, Biometrika, Annals of Probability, Annals of Applied

Probability.

Conferences Organized

o International Workshop on Management Science and Operations Research (Jun 2011)

o International Forum: Managing Supply Chains in A Flat World -- Challenges and Opportunities (Jun

2011)

o International Forum on Interface of Marketing and Operations Management (Dec 2009)

o International Forum on Management Science and Operations Research (Jun 2009)

o Supply Chain Management: International Symposium on Theory and Applications (Dec 2008)

o Forum on Best Practices of Supply Chain Management in China: Global Coordination and

Optimization of Supply Chains (Jun 2008)

Alumni Career

PhD Graduate Career

Information Systems

Kai Lung HUI (2000) Assistant Professor, National University of Singapore, Singapore;

Associate Professor, The Hong Kong University of Science and


Weiyin HONG (2001) Associate Professor, University of Nevada, Las Vegas, USA

Shuk Ying Susanna HO (2004) Senior Lecturer, University of Melbourne, Australia;

Associate Professor, Australian National University, Australia

Wing Kuen Eric SEE TO (2005) Lecturer, Lancaster University, United Kingdom;

Assistant Professor, The Hong Kong Polytechnic University,

Hong Kong

Siu Man Carrie LUI (2005) Senior Lecturer, James Cook University, Australia

Wan Yee Wendy HUI (2006) Senior Lecturer, Curtin University, Australia

Xin XU (2007) Assistant Professor, The Hong Kong Polytechnic University,

Hong Kong

Carsten PAASCH (2008) Head of Group Information Security Strategy, Standard Chartered

Bank, Hong Kong

Chi Leung Michael LAI (2009) Superintendent, Hong Kong Police Force, Hong Kong

Kwok Yue Frank CHAN (2010) Lecturer, Curtin University, Australia

Chong Alex WANG (2012) Assistant Professor, City University of Hong Kong, Hong Kong

Nan Andy ZHANG (2012) Assistant Professor, University of Oulu, Finland

Operations Management/Statistics

Man Wai HO (2002) Assistant Professor, National University of Singapore, Singapore

He XU (2005) Associate Professor, Huazhong University of Science & Technology,

China

Sheng Hao ZHANG (2005) Associate Professor, Xi’an Jiaotong University, China

Wai Kwong John LAU (2005) Assistant Professor, University of Western Australia, Australia

Shilu TONG (2007) Lecturer, University of New South Wales, Australia

Xiaoli WU (2009) Assistant Professor, South China University of Technology, China

Zhiyuan ZHANG (2010) Assistant Professor, Shanghai University of Finance and Economics,

China

Haitian Maggie WANG (2011) Research Assistant Professor, The Chinese University of Hong Kong,

Hong Kong

Publications in top journals by PhD students (2001-2011)

o ISR (6), MISQ (4), JMIS (8), MS (5), OR (2), MSOM (1), POM (2), Annals of Statistics (1), Annals of

Applied Probability (1)

Department of Management

Head: Prof Jiatao LI

Faculties




Students



RGC-GRF Grants: HK$5.65M (12 projects) International Research Grants: HK$0.14M (1 project)





Research Directions and StrategyThe Department of Management (MGMT) has now gained a reputation as a leader in management research in the Asia-Pacific region, with a group of productive, high-quality, and diverse academics whose expertise covers strategic management, organization theory, entrepreneurship, organizational behavior, human resource management, and business ethics. With the outstanding contributions and hard work by all faculty members, the department has become one of the Top Ten management departments in the world in terms of research productivity in top tier management journals. This is a remarkable achievement for a small department in a young university. For the most recent four years (2008-2011), the department claims the #7 ranking in the world according to the UT-Dallas survey of research publications in five premier management journals (Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, Organization Science, Strategic Management Journal), and of course, the leader in Asia. (Please browse our department website, www.bm.ust.hk/mgmt). In addition, MGMT faculty members serve in various leadership capacities in our global academic communities such as being Associate/Senior Editors of leading academic journals such as the Strategic Management Journal.To facilitate intellectual exchange and knowledge diffusion, over the past five years, the department has hosted over 40 distinguished professors and visiting scholars who spent between a few days to several months on campus giving research seminars and interacting with faculty and PhD students. The MGMT department has also established a long-term program of collaborative research with management scholars in China through the Hang Lung Center for Organization Research, and has established a new Center for Business Strategy and Innovation to have impact on management practice and public policy formulation through its applied research. Our vision for the next stage of the development is for the department to be recognized globally as one of the leading intellectual centers of management research and education in the world. While we may not have the faculty size, critical mass, and resources to compete in all areas with our well-resourced global peers (many are elite private business schools), we aspire to be an intellectual leader in strategic areas where we can build on our faculty’s research excellence and our unique positioning in Asia.

Major Research Facilities Hang Lung Center for Organizational Research (HLCOR )

HLCOR was established in January 1998; and its mission is to improve the practice of management in Chinese and multinational firms doing business in Greater China, and Chinese companies doing business

globally by conducting rigorous research and engaging in exchanges among a network of business leaders and university scholars. During 2007-2012, HLCOR sponsored several research workshops and conferences organized by the International Association for Chinese Management Research (IACMR); and provided support to our PhD students for attending the annual meeting of the Academy of Management. HLCOR has also sponsored the publishing of an international journal, Management and Organization Review (MOR) since 2005.

Center for Business Strategy and Innovation (CBSI) CBSI was established in May 2008; and its mission is to be a thought leader in the area of business strategy and innovation that creates cutting-edge knowledge and makes important contributions to the economic development of Hong Kong and China through its impact on management practice and public policy formulation. CBSI has sponsored several research projects on issues related to business strategy and innovation with desirable achievement: published 16 peer reviewed articles and 39 newspaper articles, and sponsored over 25 research seminars.

Major Achievements (2007-2012) The Department ranks #7 among management departments in the world based on the UT-Dallas survey of

research publications in five premier management journals. High R esearch L evel O utputs: 120+ articles in refereed journals (including 50 articles published or

accepted for publication in top-tier management journals); 1 edited book and 30+ book chapters in various volumes.

Research Awards, Fellowship and Academic Leadership: o Program Chair for the fifth IACMR Biannual Conference (Larry Farh, 2012)o Winner of the Scholarly Achievement Award from Academy of Management (Jing Zhu, 2011)o Winner of the Distinguished Early Career Contributions Award by Society for Industrial &

organizational Psychology (Riki Takeuchi, 2010)o HR Leadership Award from the World HRD Congress (Riki Takeuchi, 2009)o Winner of IM Division Samsung Best Paper Award, at the Academy of Management (Riki Takeuchi &

Culi Qian, PhD graduate, 2009)o Winner of the Best Paper in Decision Analysis award from INFORMS (Alex Markle, 2008)o Winner of the best paper award by Human Relations (Zhi Huang, 2008)o Papers of Excellence in International Human Resource Management at the Academy of Management

(Yaping Gong, 2007) Ch ief Editors, Associate Editors, and Review Board Members of Major Management Journals:

o Associate Editor for Strategic Management Journal (J.T. Li, 2009 onwards)o Senior Editor for Asia Pacific Journal of Management (Yaping Gong, 2012 onwards)o Members of the Editorial Review Boards: Academy of Management Journal (Prithviraj

Chattopadhyay, 2008 onwards; Elizabeth George, 2008 onwards; Riki Takeuchi, 2007 onwards; Wouter Stam, 2010 onwards); Academy of Management Review (Prithviraj Chattopadhyay, 2008 onwards, Riki Takeuchi, 2008-2011); Journal of Applied Psychology (Prithviraj Chattopadhyay, 2008 onwards ;Yaping Gong, 2011 onwards, Riki Takeuchi, 2008 onwards); Journal of Management (JT Li, 2011 onwards); Organization Science (Bilian Sullivan, 2009 onwards); and Strategic Management Journal (Heli Wang, 2007 onwards).

Alumni Career

PhD Graduate Career

Zhen Xiong CHEN (1997) Professor, The Australian National University, AustraliaDuanxu WANG (2001) Professor, Zhejiang University, ChinaHui WANG (2002) Professor, Peking University, ChinaJiwen SONG (2005) Associate Professor, Renmin University of China, ChinaJingyu YANG (2006) Lecturer, The University of Sydney, AustraliaGuohua HUANG (2007) Assistant Professor, Hong Kong Baptist University, Hong KongJian LIANG (2007) Associate Professor, Shanghai Jiao Tong University, ChinaSong CHANG (2008) Assistant Professor, The Chinese University of Hong Kong, Hong Kong

Yi TANG (2009) Assistant Professor, The Hong Kong Polytechnic University, Hong Kong

Rajiv KOZHIKODE (2010) Assistant Professor, University of Groningen, The NetherlandsCuili QIAN (2010) Assistant Professor, City University of Hong Kong, Hong KongXiaoye WANG (2010) Assistant Professor, Tsinghua University, ChinaZhijun CHEN (2011) Assistant Professor, Shanghai University of Finance and Economics, ChinaSally S Y CHEUNG (2011) Research Assistant Professor, Hong Kong Baptist University, Hong Kong

Department of Marketing

Head: Prof Jaideep SENGUPTA

Faculties




Students



RGC-GRF Grants: HK$ 9.59M (13 projects) Internal Research Grants: HK$1.48M (15 projects)

Other UGC/RGC Grants: HK$1.05M (14 projects)





There are 2 basic areas of research in the department: 1) behavioral research, and 2) quantitative modeling.

Behavioral colleagues seek to obtain psychology-based insights into the ways consumers process

information, and the consequences of such information processing for marketing-related issues. The

quantitative modelers view marketing issues from the perspectives of both game theory and applied

econometrics. That said, no particular area or direction is emphasized. Rather, the goal is to conduct research

of the highest quality that it will be published in top tier journals, something faculty members have been very

successful in doing.


B ehavioral L ab

With the school’s support, the department has created a behavioral lab to facilitate our research. Our lab

is used extensively for conducting behavioral experiments. During 2007-2012, over 100 experiments

were run. We have added new eye-tracking equipment in the lab, increasing the scope of measures we

can use in our experiments. More recently, for the modelers, we have also obtained a number of different

databases, such as Advertising-spending automotive USA, Asia Pacific Automotive Sales Forecast and a

database on the Product-harm crisis in China.

Center for Marketing and Supply Chain Management

The Center was established in 2005 with the generous support of the Fung Foundation Ltd. The mission

of the Center is to a) promote and support research in marketing, supply chain management and related

technologies at the HKUST Business School, with the goal of increasing the visibility and prestige of the

School’s leadership in these areas, and b) further cement the global academic leadership of the HKUST

Business School in the areas of marketing and supply chain management. In addition to supporting

individual research projects, the Center funds a keynote annual Marketing Camp every December. The

event attracts renowned faculty from all over the world. The Camp fosters a highly stimulating

intellectual environment, encouraging a mutual sharing of research ideas and knowledge between the

visiting professors and the HKUST Marketing group.


The Marketing department’s research output in the 5-year period (beginning of 2007 to the end of 2011)

is ranked number 9 in the world, according to the publicly available research rankings produced by the

University of Texas at Dallas.

During this period, we have published 87 articles in 2007-2012, and also published/edited 18 books.

We also have been very successful in obtaining RGC grants. Most, and in some years all , of our

applications have been funded.

Three Associate Editors in leading journals (Rashmi Adaval and Jaideep Sengupta: Journal of Consumer

Research; Liang Guo: Management Science).

Editorial Board Memberships in leading journals (Liang Guo: Marketing Science; Anirban

Mukhopadhyay: Journal of Consumer Research; Jaideep Sengupta: Journal of Marketing Research).

Individual faculty recognition: Liang GUO was a finalist for the prestigious John Little Best Paper

Award in 2008.

Individual faculty recognition: Anirban MUKHOPADHYAY received the prestigious Society for

Consumer Psychology Early Career Award in 2011.

Professors GUO and MUKHOPADHYAY were invited to the Young Scholars’ Conference organized

by the Marketing Science Institute in 2009. Only 30 such scholars across the world were invited, making

this an extremely selected group of young scholars who have been identified as the “leaders of the next

generation of marketing academics” based on research productivity. Very few universities had two

faculty on the list, as we at HKUST did.

Jaideep SENGUPTA was invited to the AMA-Sheth Doctoral Consortium as a Faculty Fellow in 2010 and again in 2012. This consortium annually

brings together outstanding PhD students in marketing with the world’s “most distinguished marketing faculty.”

Alumni Career

Recent PhD Placements

PhD Graduate Career

Wah Sung Vincent MAK (2008) University Lecturer, University of Cambridge, United Kingdom

Wai Ping Iris HUNG (2008) Assistant Professor, National University of Singapore, Singapore

Hao SHEN (2008) Assistant Professor, The Chinese University of Hong Kong,

Hong Kong

Yee Ling Elaine CHAN (2009) Assistant Professor, Tilburg University, The Netherlands

Yi ZHAO (2009) Assistant Professor, Georgia State University, USA

Jing Alison XU (2010)* Assistant Professor, University of Toronto, Canada

Dengfeng YAN (2012) Assistant Professor, The University of Texas at San Antonio, USA

*Alison XU spent her last year at University of Illinois because of her advisor (Bob WYER) moving there.

Publications by PhD students (2007 – 2011)

o In the five year period from 2007-2011, our PhD students (current and past) have published a total of

26 articles in the field’s top journals. This is a significant achievement for a department that is not

only relatively small in size, but also started its PhD program only recently.

HKUST business school Fact Sheet June 2012

Documents

Transcript of HKUST business school Fact Sheet June 2012