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SAP, SUFE Foster China’s Finance Digital Transformation

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In 2020, Shanghai University of Finance and Economics’ (SUFE) MBA program participated and ranked fifth in mainland China (forty-seventh in the world) in the Financial Times Global MBA Ranking. This reflects the university’s contribution to honing young professionals’ financial literacy to propel China’s finance digital transformation.

Shanghai University of Finance and Economics’ (SUFE) College of Business has been making great efforts in globalising business education and professional training as well as promoting the progress of China’s modern commercial society. As China’s first higher education institution of business studies, it was no surprise when SUFE partnered with leading business solutions provider SAP to develop a program that would train future CFOs of China.

Leading travel and expense solutions provider SAP Concur and MBA Center of SUFE launched a joint executive education course on Intelligent Finance as part of the university’s MBA program from November 2019 to January 2021.

The 2020 MBA postgraduate training program takes FinTech and digital intelligence as the core and meets the requirements of training a future leader. The innovative program restructures the curriculum and training mode to introduce the intelligent simulation teaching platform. The curriculum touches on “Business Big Data Analysis”, “Financial Technology in the Digital Intelligence Era”, “Venture Capital in the Digital Intelligence Era”, and “Strategic Financial Management in the Digital Intelligence Era”.

Focusing on Finance Digital Transformation

As part of the MBA program, the Strategic Financial Management in the Digital Era subject is designed to bring global best practices and local insights on financial digital transformation to current and future CFOs as well as business leaders in China. It focuses on data-driven, innovation, and integration based on the new challenges and new opportunities in the digital era. Furthermore, it aims to differentiate the boundaries of disciplines and real-world management practices as well as adopt the method of integration and innovation to cultivate talents in depth.

“This program has taken into consideration the characteristics of Intelligent Finance, tapping into the comprehensive experiences in finance educations of SUFE, and integrating business knowledge and current practices. We hope to empower and enable future finance leaders to handle more complex and challenging business issues in today’s changing business environment,” said Professor Wei Hang, Executive Vice Dean of the SUFE and Director of the MBA Center.

Consisting of eight modules, the Intelligent Finance course offers a comprehensive range of subjects on building Intelligent Enterprise, accelerating financial digital transformation, driving compliance and risk management, enhancing employee experiences, and strengthening total spend management.

Lance Wang, CIO of Liebherr China, Andy Huang, financial transformation partner of Deloitte, and Tony Wan, CEO of HitPoint are some of the industry leaders tapped to share expertise on SAP Concur to the students and young professionals enrolled in the course.

Sharing his insights on the SAP Concur and SUFE MBA initiative, Jeff Lam, General Manager of SAP Concur Greater China, said:

“The collaboration with SUFE MBA program furthers our commitment to supporting Chinese enterprises and business leaders in their journey toward financial digital transformation. Through the immersive program, we hope to create meaningful opportunities for current and future business leaders to enhance their finance expertise and stay abreast with the latest management practices.”

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