SinoPac join forces with National Cheng Kung University in nurturing talents, kicks off two in-service master programs
[February 25, 2021, Taipei] Today (25th) marks a new industry-academia collaboration milestone for Bank SinoPac and National Cheng Kung University (NCKU) with the joint establishment of two in-service master programs in "Monetary and Finance" and "Fintech and Information Engineering," which is the first of such in the financial industry to cultivate new generations of talents together. When attending the launch ceremony of the industry in-service master program today, Mr. Eric Chuang, the President of Bank SinoPac stated that SinoPac has collaborated with NCKU since 2017 and is now in the second phase of the partnership plans. It is envisioned that goals such as the use of artificial intelligence (AI) to enhance operations, the cultivation of digital finance teams, and the creation of financial life cycles will be achieved in three years. To boost the application of theoretical knowledge in real life, SinoPac and NCKU had set up in-service master programs, integrated industry-academia resources to provide education and employment opportunities for cultivating more competitive digital finance talents.
Cross-disciplinary finance and information engineering connect theories to the industry
The application for the in-service master programs jointly established by SinoPac and NCKU will be open for registration on March 19, 2021, for the inaugural intake, and official admissions will take place in September. There are ten vacancies for the "Monetary and Finance" program while the "Fintech and Information Engineering" program has twelve vacancies. In addition to professional courses, students of the two programs will also undertake designated common modules to inculcate critical thinking across disciplines and co-innovate in the realm of fintech. Senior executives from SinoPac will deliver lectures on the latest fintech developments to strengthen industry linkages. At the same time, internships at Bank SinoPac during summer or winter vacations would be arranged or thesis research resources would be provided, etc. Outstanding interns may also be considered for advanced employment offers and be employed immediately after graduation.
Bank SinoPac commented that to cope with the needs for senior-level talents, enterprises can partner with institutions to apply to the Ministry of Education and establish industry in-service master programs after being reviewed and approved [1]. It is envisioned that the collaboration with NCKU will nurture more interdisciplinary π-type talents [2] to mitigate the rapidly evolving financial innovations and challenges in the future.
Progression in industry-academia collaboration for cultivating digital finance talents
Bank SinoPac indicated that it commenced the first phase of industry-academia collaboration with NCKU in 2017, engaging in credit rating reports, precision marketing, blockchain technology researches, etc. and a SinoPac branch was set up within NCKU. Last year (2020), both parties expanded the exchange scope, spurring the second phase of the industry-academia collaboration for the continued implementation of numerous plans in three key areas of new technologies, new frameworks, and new businesses. Cultivating a new generation of digital financial talents became a goal on top of continuously integrating AI and big data to develop applications. It is hoped that the multidisciplinary in-service master programs would become the bridge connecting academia, industry, and talents.
Fulfilling corporate social responsibility through SinoPac scholarships
At the same time, Bank SinoPac pointed out that since the commencement of the partnership with NCKU, for cultivating more outstanding and excellent students, millions of scholarships were provided each year, and applications were open to students from all departments of the university. Scholarships and bursaries for the new academic year were handed out today. Besides rewarding outstanding talents, international students studying in Taiwan and students from disadvantaged families were also given a hand so that they can focus on their studies. To date, more than 300 local and international students have been assisted.
Bank SinoPac and NCKU marked a new milestone in their industry-academia collaboration, jointly establishing two in-service master programs in "Monetary and Finance" and "Fintech and Information Engineering," which is also the first of such in the financial sector to cultivate new generations of talents together. Mr. Eric Chuang, the President of Bank SinoPac (third from left), and Dr. Huey-Jen Jenny Su, President of NCKU attended the launch ceremony today (25th). Delegates (from left): Ms. Irene Huang, Head of Electronic Banking Division of Bank SinoPac, Mr. Tien-Hao Chang, Head of Digital & Technology Division of SinoPac Holdings, Mr. Eric Chuang, the President of Bank SinoPac, Dr. Huey-Jen Jenny Su, the President of NCKU, Prof. Wei-Chou Hsu, the Dean of NCKU College of Electrical Engineering and Computer Science, and Prof. Yeu-Shiang Huang, the Dean of NCKU College of Management.[1] Information source: Ministry of Education summary of industry in-service master program plan https://imaster.moe.gov.tw/plan.
[2] The concept of talents proposed by Japanese organizational theorist Dr. Kenichi Ohmae, where π-type talents refer to those who have cross-disciplinary dual expertise or capabilities.