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WE CANNOT CHANGE
THE CARDS WE ARE DEALT,
JUST HOW WE PLAY THE HAND
BANKING TIPS
Words of wisdom from the Managing Director
of IBD at the Agricultural Bank of China /11
STEPS TO SUCCESS
An exclusive interview with Audrey Eu about
what’s required to have a successful career /14
HOW TO LAND A JOB
60 seconds of tips geared to get you your
dream job /26
PURSUITUK JOINT UNIVERSITY HONG KONG CAREER FAIR GUIDE
AUGUST 2015
ISSUE 2
WWW.OSN-UK.ORG
LEARN FROM THE MASTERS
OF THE GAME
“
”
RANDY PAUSCH
WORDS FROM KEVIN
SUPPORTING SOCIETIES
Exclusive Media Partner
The Classified Post, published every
Saturday, is an English-language recruitment
publication in Hong Kong with a reputation
for offering quality job postings. Launched in
1973, it originally came in a single section of
the South China Morning Post following 70
years of classified advertisements published
as part of the main paper. It was changed
to a multi-section publication in 1988 as
demand from advertisers grew.
Committee Members (2015-2016)
President
Kelly Yeung
Vice President
Kelly Chan
Head of Strategic Development
Brandon Chung
Head of Sponsorship
Jade Lee
Deputy Heads of Sponsorship
Angela Li, Gregory Ho
Co-heads of Event Planning
Dudson Yip, Rhoda Au
Head of Marketing and Publication
Stephanie Fung
Deputy Heads of Marketing and Publication
Justine Chan, Sophia Sung
top students in the community. With the continued
support from the Hong Kong Economic and Trade
Office, London, the Hong Kong General Chamber of
Commerce and SCMP and the new partnership with the
British Council, we hope to provide even more career
opportunities to our students through an increasing
number and wider variety of industry representatives
this year.
On behalf of the UK Joint University Hong Kong
Career Society, we would like to extend our warmest
welcome to all participating students and industry
representatives in this fantastic platform to connect
with each other!
Kevin Lo
President of the UK Joint University Hong Kong Career
Society (2014-2015)
The UK Joint University Hong Kong Career Society
was formed in 2013 to bridge the gap between the
competent Hong Kong students studying in the UK and
established employers in Hong Kong. Top universities
in the UK supply over 1,000 highly equipped students
aiming to return to Hong Kong to start their career
each year. However, due to the segregation between
each university and Hong Kong, there was never a
platform to collectively bring together students and
employers.
The 2013-14 academic year has seen a very
encouraging start to the society. Our inaugural career
fair featured over 20 industry representatives from
more than 10 industries to interact with more than 700
students through booths, workshops and talks.
This year, we partnered with even more supporting
societies from 20 UK Universities to engage with more
Organiser
www.osn-uk.org
info.osn.uk@gmail.com
PURSUIT AUGUST 2015 | 3
Advisor & Supporting
Organisations
This Year’s Speakers
The Banking Industry Uncovered
featuring Steve Wong, Managing Director of IBD
at Agricultural Bank of China
Steps to Success
featuring Audrey Eu (余若薇), Senior Counsel,
ex-Legco member, Former Chair of the Bar
Association and Civic Party Founder and
Chairman
The Building Blocks Of Tomorrow
featuring Victor Cheung, President of the Hong
Kong Institution of Engineers (2014-15)
Make A Differece, Not Just A
Living
featuring Dr John Fung, Sector and Capacity
Development Business Director in Hong Kong
Council of Social Service
Behind The Glamour
featuring Chu Chen On, Executive Producer of
October Pictures Ltd. (拾月堂)
60 Seconds to Land a Job
Company Profiles 27
26
24
22
6
8
11
18
14
THE BANKING
INDUSTRY
UNCOVERED
EXCLUSIVE
INTERVIEW
WITH
AUDREY EU
COMPANY
PROFILES
60 SECONDS
TO LAND A JOB
27
26
14
11
CONTENTS
4 | PURSUIT AUGUST 2015
6 | PURSUIT AUGUST 2015
MR. BERNARD CHAN
GBS, JP HKSAR EXECUTIVE
COUNCIL MEMBER
Every year between five and six thousand Hong Kong students commence
higher education study in the UK. UK degrees have a global reputation
for quality, and are recognised by employers worldwide as a sign of high
academic standards. Many UK courses are designed in partnership with
businesses and are taught by industry professionals, so students gain real
experience that employers require.
The UK teaching style also helps students to develop attributes
which are in high demand from employers – attributes such as creativity,
innovation, teamwork and leadership. The UK is a multicultural society,
and UK campuses are international communities. By studying in the UK
students gain an international perspective, learn about new cultures, and
socialise with students and teachers from around the world – valuable
experience for when they return to Hong Kong to commence their careers.
The British Council is therefore delighted to work with UK Joint
University HK Career Society in organisation of the Career Fair. This event
is an excellent opportunity for Hong Kong employers to target the highly
qualified graduate recruitment pool of Hong Kong students returning from
the UK. For students the Fair is an invaluable opportunity to meet and ask
questions to representatives of Hong Kong’s most desirable employers.
We are delighted to be involved in this most valuable event.
The Hong Kong Economic and Trade Office in London is delighted to be
supporting the UK Joint University Informative Career Fair organised by the
Joint University Hong Kong Career Society Committee.
A well-educated, hard-working, flexible and enterprising workforce
has always been one of Hong Kong’s greatest strengths. To maintain Hong
Kong’s competitiveness in the globalised market, in addition to nurturing
our home-grown talents, it is important to encourage young Hong Kong
people to come back to Hong Kong and contribute to our economy. The
UK Joint University Informative Career Fair provides an excellent platform
to unite Hong Kong students across the UK and introduce to them the
opportunities available in Hong Kong. Corporates as recruiters will also
have the opportunities to reach out to some of Hong Kong’s best and
brightest talents.
I am tremendously proud of the efforts and creativity of our young
Hong Kong people who work so hard for this project, and I wish the event
every success.
The Hong Kong General Chamber of Commerce is delighted to again
support the UK Joint University Informative Career Fair this year. We may
be the oldest business organization in Hong Kong, but we firmly believe
in our youngsters, who hold the future of Hong Kong in their hands. This
practical event provides Hong Kong companies with the chance to meet
overseas talent who wish to return to Hong Kong and devote their skills
and knowledge to building a better Hong Kong. These young people will
be the Hong Kong’s future economic engine, so it is also an ideal platform
for them to engage in businesses and learn more about businesses’ needs
and aspirations. We would like to wish the fair organizers every success,
and also that attendees find a successful career path.
The UK Joint University Hong Kong Informative Career Fair is now looking
forward to its third year. With one full fair already organized, it has
established itself as a valuable forum in which high-quality youngsters from
Hong Kong who have been studying in the UK can come together with
leading local employers looking for talented new recruits. The previous
fair’s success was a result of careful event organization and targeting of
student and employer audiences, resulting in a convenient and useful
opportunity for all concerned. It looks set to continue filling this important
niche in serving young Hong Kong career-seekers and our growing
industries. I wish the next fair and all participants every success.
ROBERT NESS
DIRECTOR
BRITISH COUNCIL HONG KONG
MS. ERICA NG
DIRECTOR-GENERAL
HONG KONG ECONOMIC AND
TRADE OFFICE, LONDON
Hong Kong Economic and Trade Office, London
ADVISOR & SUPPORTING ORGANISATIONS
门门门门门
8 | PURSUIT AUGUST 2015
HUMAN RESOURCES
ENTREPRENEUR
GOVERNMENT
MR. RONNIE CHENG ENTREPRENEUR AND CO-FOUNDER, LAB MADE LIMITED
Ronnie Cheng, the founder of Lab Made, is a pioneer of liquid nitrogen ice cream technology in Hong
Kong. He studied Pharmacy at the University of Manchester and worked as a pharmacist in London
after his graduation. He was determined to take this innovative method back to Hong Kong after being
introduced to liquid nitrogen ice cream in London by his friend. Despite the pressure from his family
and hardships on licensing from the government, Ronnie decided to give up his job and opened his
first store in 2012. Now his business has opened four new stores within two years.
MS. LANCY CHUI VICE PRESIDENT, GREATER CHINA REGION
Having joined ManpowerGroup in 1997, Lancy is currently Vice President of ManpowerGroup Greater
China Region, which is a leading human resource consulting firm with over 50 years of experience in
Hong Kong.
Lancy has led ManpowerGroup to numerous awards, including the “Excellent Brand of Human
Resources Consultancy” award from HK Leaders’ Choice Award 2009, 2010 and 2012. As a recognized
expert in human resources, she is also a member of the Trade Advisory Committee (Employment
Services) and a presenter of Foundation Skills in Human Resources Management training of the Hong
Kong Institute of Human Resource Management.
MR. KASPER NG ASSISTANT SECRETARY (ADMINISTRATIVE SERVICE)
Mr. Kasper Ng, Assistant Secretary for the Civil Service, is responsible for the recruitment of
Administrative Officers among other duties. Before taking up his current post, Mr. Ng has served in
various government bureaux, including the Labour and Welfare Bureau and the Transport and Housing
Bureau.
Administrative
Officer
MR. SAM NG ASSISTANT SECRETARY (ADMINISTRATIVE SERVICE)
Mr. Sam Ng joined the Government of the Hong Kong Special Administrative Region as an Executive
Officer II in the 1990’s. He has worked in various departments including the Food and Environmental
Hygiene Department, Hong Kong Police Force and Housing Department. Currently, he is Senior
Executive Officer (General Grades) Training and Development 1 of the Civil Service Bureau. One of his
main duties is to assist in conducting the Executive Officer II recruitment exercise.
Executive
Officer
THIS YEAR’S SPEAKERS
Focused on your tomorrow. Today.
Asia Pacific Graduate Careers
When you think
of your future,
what comes
to mind?
Do you see yourself becoming part of a truly global community with offices in over 75
countries? Do you envision working for a bank that’s strongly rooted in Asia Pacific
with over 9000 employees across 14 markets? If your answer is yes, then BNP Paribas
is where you should be. At BNP Paribas, we are here to offer you a career, not just a
job. We have an exciting long-term plan for our growth in Asia Pacific and to achieve
it we are committed to investing in your talent. That’s why we’re focused on your
tomorrow. Today.
apacgraduates.bnpparibas.com
STEVE WONG
MANAGING DIRECTOR OF IBD AT
AGRICULTURAL BANK OF CHINA
BUT, WHY BANKING?
Mr. Wong’s choice to join the banking
industry is perhaps not an unfamiliar one.
As he puts it, in the sixties, the aim was to
“study, get into a good university and earn
as much as possible”.
However, not everyone who enters
banking, stays in banking. Mr. Wong
stayed for a number of reasons: first, there
was a substantial sense of achievement.
His work being project-based, extensive
teamwork was required and he enjoyed
the sensation of working together towards
a common goal. Second to that sense of
achievement was
the high monetary
award; “Come on, let’s
be real,” Mr. Wong
laughs. Yet, Mr. Wong
cautions that while
investment bankers
will sometimes get a
very good bonus, it
is but one side of the
coin. There are booms and troughs in the
economic cycle, and the high pay is but
a compensation for being fired when the
economy is performing poorly. As he sighs,
“the economy can’t grow forever”.
THE BANKING INDUSTRY
The banking industry has always been one
of the most sought-after industries by fresh
Angeles (UCLA) (GPA 4.0 as well). He
obtained a degree in business economics
and acquired knowledge of accounting.
After he graduated, he got his first
ibank job in 1996 working as an analyst
at W.I.Carrr Indosuez Capital Limited, a
member of Crédit Agricole Corporate
and Investment Bank. The first Chinese
bank he worked at was in 2004, at the
Bank of Communications Ltd as director
of corporate finance. 4 years later, he
joined the Industrial and Commercial Bank
of China’s investment banking division
as executive director. In 2010, he joined
Agricultural
Bank of China
as managing
director of IBD
and continues
to hold that
position today.
We were
curious as to
where he sees
his future, and suspect that the title of CEO
or department head may be well within
reach.
However, the main point of his story,
as Mr. Wong sees it, is that it generally
requires 8 to 10 years to obtain his position
at a medium-sized bank. While others
may see the glow of his success, Mr. Wong
remembers the gleam of his sweat.
Looking at Steve Wong, most people
would only see the gleaming success of
being a managing director of Agricultural
Bank of China’s Investment banking
division. Yet as Mr. Wong tells it, his road to
success has never been smooth.
Mr. Wong first started receiving higher
education at Lingnan College in Hong
Kong, after receiving unsatisfactory results.
However, after half a year, he decided he
wouldn’t really have the bright future he
wanted from a local college, and left to do
another program at a community college
in the USA. For this, he thanks his family
for the funds, as he didn’t come from a
particularly well-off family, but spent their
precious resources on him. Voice choked
with emotion over the phone, Mr. Wong
firmly stated that he wouldn’t be where he
is now without his family.
Community college lasted for a year
and a half. There, he received a general
education that taught him how to think
logically, and he started developing an
interest in economics. He received a GPA
of 4.0 for the required general education
subjects and with that impressive result,
transferred to University of California, Los
“STUDY, GET INTO A
GOOD UNIVERSITY
AND EARN AS MUCH
AS POSSIBLE”.
THE BANKING
INDUSTRY
UNCOVERED
Written by Anson Cheung, Interviewed and Edited by Sophia Sung
PURSUIT AUGUST 2015 | 11
not be as polished. This is increasingly
disadvantageous as the market in China
grows.
DOES HE RECOMMEND STUDENTS TO
JOIN THIS COMPETITIVE SECTOR THEN?
He hesitates, “Not really”. Investment
banking is increasingly competitive, he
explains, and connections have become
more important. Banks
prefer mainland Chinese
with powerful connections
and don’t particularly feel
the need to hire somebody
without connections.
This edge is all the more
important, when Chinese
students who have studied
abroad are often just as
motivated and driven as
Hong Kong students, if
not more. It’s a sad fact that in general,
Chinese employees bring in many business
opportunities.
For the Hong Kong students who wish
to take the normal path of studying hard,
getting into a bank and earning money,
the path is a lot rougher than it used to be.
The customer base has migrated to China
and any student who wishes to strike gold
will probably need a background in the
mainland. The statistics tell the same tale
of migration as Mr. Wong: in 2014, out of
115 IPO cases, estimate of 10% were based
in Hong Kong and the rest were based in
China. However, if Hong Kong students do
have connections though, then they will
have an easier time of it. Mr. Wong gives
an example to illustrate the importance
of connections: A renowned investment
bank was reported to hire the children
of the influential men in China – it is no
surprise that later on, the bank was under
investigation when they then got the deals
from the state-owned enterprises. They are
not the only culprit however, and Mr. Wong
mournfully remarks that it is no longer
about pure talent.
The author and interviewer of this article
would like to thank Mr. Steve Wong for his
time and the valuable advice he shared with
us.
call lawyers and his clients from 4 to 6.
Dinner would be at 6 and last for an hour.
He would then spend the time in drafting
prospectuses and documents that required
a peaceful mind to think. The work day
would end between midnight and 2 a.m.
The weekend was slightly better, being
half days of 5 working hours each. As he
calculated, he would clock about 70 to
80 hours a week in total. Was it ever hard
for him? Mr. Wong wanted to give up and
quit the industry in 2000, but the desire
to accomplish something in the banking
industry was stronger so he rejoined the
industry.
Our interviewer having heard of the
many horror stories about suicide and the
stressful industry remarked that stress relief
must surely be essential. Mr. Wong concurs,
and recommends some non-industry
related interests; reading philosophy books
and his religion keeps him going. Moreover,
attitude is crucial: “平常心,” Mr. Wong
advises, telling us to keep a calm outlook.
Try thinking from different perspectives,
and always remember that if a project
didn’t succeed, it doesn’t mean that you
are a failure. “You are not the project!” he
reminds us, and don’t ever be negative.
TO THE STUDENTS
We queried about the advantages and
disadvantages for HK students studying
in the UK, or overseas in general. Mr.
Wong believes that firms generally prefer
overseas students who did specifically
accounting or economics over local
students who did global business, as
it is a more general degree. Moreover,
overseas students usually have honed
their English skills and thus are more
proficient. However, their other languages,
such as Mandarin and Cantonese may
graduates. With 70 of the largest 100 banks
in the world having an operation in Hong
Kong, Hong Kong has one of the highest
concentrations of banking institutions
in the world and currently ranks third in
the Global Financial Centres Index(GFCI),
according to the Z/Yen Group.
However, while the general belief is
that there are many people working at an
investment bank,
Mr. Wong calls
this a common
misconception: the
actual number of
front line employees
working at an
investment banking
division is much less
than expected. For a
medium-sized bank
like Agricultural
Bank of China, there are only around 40
employees in the investment banking
division. Large banks like UBS employ 70 to
80 people at most.
In fact, a bank is made up of many
different fields. The front line divisions
include the investment banking division,
merger and acquisition (M&A), financial
advisory, fund management (which, we
are told, requires top-notch talent), direct
investment, equity capital market (ECM),
debt capital market and more. However,
if students are interested in research, Mr.
Wong again warns that there are not many
successful examples. It’s a cruel world
we live in, and the reality is that you can
only be successful if someone believes in
you, and thus this is an area that requires
connections. Moreover, if you are not a star
researcher, you don’t receive a high pay.
As Mr. Wong explains using economics
terminology, since success in this area is
not really in proportion to the amount of
time you devote to your research, long
hours on your desktop machine would only
lead to decreasing returns of scale.
LIVING THE LIFE
Mr. Wong well remembers his working
hours when he was an associate. Work
hours from Monday to Friday started at 9
a.m. when he arrived at the office. Lunch
(and a bit of rest) was 1.5 hours. From 3-4
p.m., he would work on documents, and
“BANKS PREFER MAINLAND CHINESE
WITH POWERFUL CONNECTIONS
AND DON’T PARTICULARLY FEEL
THE NEED TO HIRE SOMEBODY
WITHOUT CONNECTIONS”
12 | PURSUIT AUGUST 2015
Academics do matter though, and Mr. Wong has a few tips to share. He himself sat through all the modules before registering
to take them officially, so to get an idea of what he would be studying. He was also strategic in terms of choosing questions to
answer; he chose numeric-based questions, which played to his strengths and were easy to achieve high marks in. While essays
are often open-ended and subjective, there is only one absolute solution to numeric-based questions. Also, “make sure the
professor’s good”; a student is only as good as the person who taught him.
Mr. Wong suggests acquiring certain “must-have” skills. Presentation skills and co-ordination are key, so it doesn’t matter if one
holds a degree in Geography or Law so long as you can make a good pitch. Moreover, sensitivity to numbers are extremely helpful
and not surprisingly, social skills. Mr. Wong remarks that the best investment bankers in the industry are the ones who are best at
socializing, as they have good connections with everyone.
ADVICE FOR STUDENTS INTERESTED IN BANKING
1. Look for investment banks based in China as well
The rewards are not lower than those in HK, and there is a huge market in China. Though the entry salary may
still be higher in HK, as you move up the hierarchy, the salaries start to even up and in fact, some banks in China
may give out even higher pay than HK banks.
2. Start working at an accounting firm, preferably one of the Big Four firms
Get the AICPA certificate, which Mr. Wong calls “easy to get” as it will pave the way for you in investment banking.
3. Do more when you’re young
“搏命”, Mr. Wong asserts in Cantonese. Do as much as you can and work hard.
4. Once you start working in the banking industry, save up.
It’s easy to be overwhelmed and overspend when you’re rolling around in money after a bonus. But Mr. Wong
remembers making the terrible mistake of wasting too much money on luxury goods. For him, his weakness
was fancy cars and he overspent. To the youths who wish to enter the industry, he offers this cautionary tale.
“MUST-HAVE” SKILLS
Presentation skills Co-ordination Sensitivity to numbers Social skills
TIPS
Sit through modules
before registering
Choose numeric-based
questions
Make sure the
professor’s good
Play to your strengths
STEVE WONG’S WORDS OF WISDOM
PURSUIT AUGUST 2015 | 13
Written by Stephanie Fung
EXCLUSIVE INTERVIEW WITH
STEPS TO SUCCESS
AUDREY EU
14 | PURSUIT AUGUST 2015
been fascinating despite the anxiety you experience
when you come across a challenging case. There
are times when you might question your decision of
becoming a barrister. Nonetheless, when you end in
victory, you will once again regain your confidence.
There is generally a high regard for judges,
barristers and solicitors for upholding the law. If you
have the heart, it will be a profession you will definitely
enjoy because you can do a lot of good. Nonetheless,
many people have misconceptions that as a lawyer you
will be able to dictate your own work hours and still
earn a lot of money. However, this is not the case. You
can be acting for an unlimited number of people, hours
and days. Additionally, as Audrey explained, engaging
in a lawsuit, especially ones about family disputes, “is
not about money. It’s about relationships and emotions
and some of [her] cases read like a fiction.” Having said
that, it is still a great profession to take on because if
you enjoy something you do, you will not be tired of it.
ENGAGING IN POLITICS
Lawyers’ engagement in the political sphere is always
controversial. Despite the close relation between law
and politics, there is a common belief that lawyers
should remain neutral and not be ‘politicians in robes’.
However, Audrey has a different view. “You cannot shy
away from a rule of law issue just because it’s politically
a hot potato.” The truth is that law and politics do
overlap and as lawyers, you should not be afraid to deal
with it. Even when an issue is highly political, it can also
relate to the rule of law. Audrey quoted as an example
the National People’s Congress’ decision on 31st August
2014 regarding the electoral system of Hong Kong
and universal suffrage, which is clearly the centre of
political controversy. Still, acknowledging the fact that
law and politics go hand in hand, it is still crucial that
lawyers, when dealing with political legal issues, should
try to look at it from a legal perspective and not to be
too influenced by personal political stances.
LIFE AS A BARRISTER
The journey to becoming a lawyer was not an easy one
when compared to young people nowadays. Especially
back in the early 70s, pursuing a career in law required
a strong financial background and family connections
in the legal profession. Coming from a small family that
did not have any connections, when Audrey Eu decided
that she wanted to be a barrister, people poured a lot
of cold water on her. In those days, most people still
believed that the ultimate aim for women was marriage
and family. No one ever contemplated that Audrey
would have become a lawyer, let alone a successful
barrister and a powerful female figure in Hong Kong’s
political sphere.
Pursuing a career as a barrister can be grueling and
it is inevitable that you will feel nervous every time you
go to court. However, being slightly anxious is actually
beneficial to you, as it keeps you alert and drives you
to prepare more thoroughly. Nevertheless, the key to
becoming a successful barrister is to have judgment
and common sense. In Audrey’s words, “common sense
is not very common”, particularly when law students
are spoon-fed with the knowledge of many cases. As a
result, when you receive a problem, you are mostly just
trying to fit all those cases you have read and apply all
of them believing that it is the answer to the question.
This is an absolutely wrong approach. When you come
across different cases, it is important to read them with
a critical and analytical mind and understand the core
question; what are the issues and the just outcome?
Slowly, the cases will fall into place.
When asked why she decided to become a barrister
instead of a solicitor, Audrey said she did not want
to later regret that she did not give herself a chance.
“You are sometimes too caught up with other people’s
perceptions of you, that you are reluctant to step out
of your comfort zone. I just thought that it is better to
have tried and failed than not to have tried at all!” She
explained. She also encouraged young people not to
be afraid of failing. For Audrey, court work has always
“BETTER TO HAVE TRIED AND FAILED
THAN NOT TO HAVE TRIED AT ALL.”
PURSUIT AUGUST 2015 | 15
“YOU ARE SOMETIMES
TOO CAUGHT UP WITH
OTHER PEOPLE’S
PERCEPTIONS OF
YOU, THAT YOU ARE
RELUCTANT TO STEP
OUT OF YOUR COMFORT
ZONE.”
FUTURE FOR LAW STUDENTS
As a student studying in the UK, you should not feel
disadvantaged because you are not familiar with the
local scene. With technologies such as the internet,
students can stay in tune with Hong Kong even if you
are not physically present. In fact, UK students are,
to a certain extent, at an advantage, because you
speak better English compared to local students who
are not able to have the same kind of exposure and
opportunity, especially when English is a large part
of the legal tradition. Despite that, it is still very vital
that you are able to read and write Chinese, because
some cases now do require knowledge of the Chinese
language. Many big cases nowadays are to do with
Mainland China; nearly 80% or even more of Audrey’s
big cases, for instance business disputes cases, have
Mainland connections. Therefore, it is important for
students to be proficient in both English and Chinese.
Audrey also believes that lawyers should generally
be out-going and forward looking. Hong Kong is
currently going through interesting times, “you as law
students will be future lawyers at this critical time.
When you can make a difference, you are the crux at
the tide of changing history and you have the power
to change its course.” Therefore, instead of feeling
pessimistic about the possible change of legal systems,
we should treat it as a challenge for young people to
strive for and make a change.
It does not matter whether you have studied law
as your degree or decide to pursue a different career
pathway. You should always “follow your heart” as
Audrey phrases it. A lot of lawyers did not take up law
as their first degree or career for one reason or the
other, possibly due to difficulties in pursuing studies in
law or because they had other opportunities and took
up something else. However, years later, even when
they are in their 30s or even 50s, many still come back
to pursue a career in law because it is the calling of the
heart. Law is a very competitive career, but you should
still take it up not because it is a lucrative career but
because you enjoy doing it and it somehow “tickles and
excites you”.
16 | PURSUIT AUGUST 2015
Ambitionis...
kickingthe
redsinto
theblack.
‘Being a chartered accountant has
given me stature. It has given me
the ability to go to organisations like
Manchester United and know that
I can offer something that others can’t.’
Tim Williams, ICAEW Chartered Accountant and
Manchester United’s former Group Financial Controller
Achieve more as a
chartered accountant.
icaew.com/careers
icaew.com/careers A world leader of the accountancy and finance profession
VICTOR CHEUNG
PRESIDENT OF THE HONG KONG
INSTITUTION OF ENGINEERS
(2014-15)
affirms the statement, as they often have
more international exposure, a better
coordinating mindset and tend to consider
all aspects when working. However, despite
Hong Kong’s high level of development,
there are still many opportunities, with
new railway extension projects and a third
airport runway. Not to mention, there are
21 engineering disciplines within the HKIE,
with two new ones being logistics and
transportation engineering and energy
engineering.
It is important to remember that
Research and Development (R&D) is also
a crucial part of engineering
innovation. There are two types:
pure research and applied
research. Victor describes the
former as a type of research
that is more scientific: creating
‘something out of nothing’,
whilst the latter tries to solve
problems that engineers face
practically. There is relatively
little pure research in Hong
Kong due to the lack of a
manufacturing industry, however
this is too, where the potential
lies. Victor also highlights
the opportunities abroad for
engineers who are interested in
R&D, particularly in Singapore
an engineer is to comply with laws and
regulations, but aside from that, it is
also their duty to have a sense of social
responsibility. As Victor acknowledges,
there is a growing concern and respect for
environmental values. Engineers now need
to be more ethical and innovative in order
to tackle the problem of sustainability. For
instance, when reclamations took place in
the past, pollution was inevitable as the
mud needed to be dredged out from the
seabed. However, engineers’ innovation
has allowed the discovery of an alternate
method: instead of dredging out the mud,
they were able to squeeze out the water,
enabling the reclamation process to be
more environmentally friendly and ethical.
PROSPECT OF HONG KONG’S
ENGINEERING INDUSTRY
Hong Kong is a relatively small city, with
only 24% of 1,100 km2 being developable
land. Due to its constrained development
potential, Victor urges us to think beyond,
to places such as mainland China and
Southeast Asia. However, the reluctance
of Hong Kong people to work abroad
has been a hindrance to development, as
working abroad is inevitable and in fact,
very rewarding. When asked whether
Hong Kong engineers still maintain an
advantage in Mainland China, Victor
The engineering industry, though at
the heart of a thriving and bustling
society, sometimes sees its importance
underestimated. Using the example of a
tap, Victor points out the unfortunate fact
that many are ignorant of the source of the
water and only focus on the tap’s function
of providing it. The underlying hard work
completed by engineers seems to be often
overlooked.
AS AN ENGINEER IN HONG KONG
The general public has the impression
that doctors, lawyers and investment
bankers earn more than engineers. In
fact, Victor highlights that engineering
is not a profession that uses earnings
as a benchmark. Instead, satisfaction
is the main motivation for engineers.
Being able to witness the construction
or commercialization of their creations
as a result of hard work give engineers
an enormous sense of pride upon its
completion. Engineering is in fact a very
delightful profession to pursue.
A fundamental requirement of being
Interviewed by Vincent Chan, Written by Raymond Tsang and Kelvin Lo and Edited by Stephanie Fung and Jade Lee
THE BUILDING BLOCKS OF
TOMORROW
18 | PURSUIT AUGUST 2015
shared anecdotes, hoping to inspire future
engineers. Victor holds strongly that by
engaging with the community more, we
could change not only the students but
also teachers’ and parents’ perceptions of
engineers. Media outlets also play a vital
role in publicising the engineering industry.
For instance, a TV series called “Dreams
Come True” (‘總有出頭天’) sponsored by
the Construction Industry Council (CIC)
and the Development Bureau of the HKSAR
Government was broadcasted on RTHK in
2014.
THE FUTURE OF HONG KONG
ENGINEERS
For the Y-generation (our current
generation), Victor says that we usually
carry less family burdens and we have
a different mentality. We place a larger
emphasis on the balance of work life and
rest- yet he believes that it is unlikely
that productivity will change. Technology
has advanced at an increasing rate and
our generation will have to cope with the
change of pace. There is also another
stereotype that this industry is only for
men. In recent years, there has been
positive growth in female engineering
students and these new waves of female
students will provide new ideas and
influences. Victor also points out that as
many in the industry are approaching
the retirement age, more young blood is
required for sustainable development.
What is interesting about engineering
is not the money involved, but the
satisfaction of solving problems and
creating something beneficial to mankind.
Although career opportunities in Hong
Kong may be more limited in comparison
to others, Hong Kong Engineers still have
the possibility to explore the industry
abroad. What it takes to become a good
engineer is, at the end of the day, interest
and passion for the subject.
as the Hong Kong-Zhuhai-Macau Bridge,
railway works, hospitals and highways.
As a result, civil engineering has seen
a higher demand compared to other
streams of engineering such as electrical or
mechanical.
The education system in Hong Kong
has also been changed to a 3-3-4 system.
Victor sees a lot of advantages in this
new system despite its complexity, where
students will be able to experience
general education in engineering before
specializing in their second year.
PROMOTING THE INDUSTRY
As the President of the Hong Kong
Institution of Engineers, he runs a
programme called “Engineer for a day”,
where secondary school students go onsite
to view engineers’ working conditions.
Victor also held a day camp for secondary
school students, where some visited the
Hong Kong Aircraft Engineering Company
Limited (HAECO) and the rest went to
the MTR control centre. Afterwards, they
visited HKUST and worked hands-on
with spaceship design, 3D printing and
cosmetic products. To finish, the engineers
due to their government’s recent avid
support of the creation of an aerospace
industry with the help of large investment
projects.
DIFFERENCE BETWEEN STUDENTS
STUDYING IN HONG KONG AND THE
UNITED KINGDOM
Victor ascribes the difference in studying
cultures to the fact that UK universities
emphasize self-study, coursework and
group projects, whereas Hong Kong
universities focus more on personal
assignments. Nevertheless, he thinks
the culture in Hong Kong has begun to
change- with fewer contact hours, students
have more freedom to research different
projects. Changes can be observed in
the Hong Kong University of Science and
Technology (HKUST), where laboratories
are open 24 hours and students can
come up with extra projects other than
the projects in the university curriculum,
with professors as their advisors.
Notwithstanding that, Victor believes that
what ultimately defines the graduates
is their academic results and more
importantly, their attitude, personality and
their communication skills, as opposed to
the ranking of universities.
NORMS LIMITING ASPIRING ENGINEERS
Engineering as a subject has become
increasingly popular and is leaving its
former shell of being a ‘back-up’ subject.
This phenomenon may be due to growing
infrastructure projects in Hong Kong, such
“MEDIA OUTLETS
ALSO PLAY A
VITAL ROLE IN
PUBLICISING THE
ENGINEERING
INDUSTRY.”
“ENGINEERING IS ... THE
SATISFACTION OF SOLVING PROBLEMS
AND CREATING SOMETHING
BENEFICIAL TO MANKIND”
Jennifer Yu in “Dreams Come True”
(Source: RTHK.hk)
PURSUIT AUGUST 2015 | 19
Financial Planner /
Management Associate,
Wealth Management & Protection /
Associate Financial Planner
aia.com.hk
We look for entrepreneurial and top caliber candidates to join
our professional team to offer all-rounded financial solutions
including financial planning, savings management, retirement
planning and children’s education fund to clients.
We offer:
• Monthly allowance plus attractive commission and performance bonus
• Comprehensive training programs for professional advancement
• Successful candidates will enter into Career Representative Contracts with AIA
• Fast-track advancement opportunities. Outstanding individuals will be promoted to
management positions within 12 months.
Candidates with tertiary education and/or above are welcome for Financial Planner or
Management Associate, Wealth Management & Protection application while Associate
Financial Planner may be considered for candidates with less qualification.
Interested candidates please submit application to SUC SY – Authorized Representative of
AIA by lily.wong@aia.com.hk or contact Ms. Angela Tang at 28813880.
All personal data collected will be used for recruitment purpose only and will be treated in accordance with our Personal Data Policy,
which is available immediately upon request. AIA reserves the right to modify the terms and conditions of package offered.
Note: “AIA”, “we” or “our” herein refers to AIA International Limited (Incorporated in Bermuda with limited liability).
PURSUING A CAREER IN THE NGO SECTOR
MAKE A DIFFERENCE,
NOT JUST A LIVING
“LIFE BEGINS AT THE END OF
YOUR COMFORT ZONE”
Written by Sophia Sung and Jason Wong
22 | PURSUIT AUGUST 2015
DR JOHN FUNG
SECTOR AND CAPACITY
DEVELOPMENT BUSINESS
DIRECTOR IN HONG KONG
COUNCIL OF SOCIAL SERVICE
Restaurant run by the Neighbourhood
Advice-Action Council which provides
on-the-job training and employment for
the disabled. Having described the sector
as “not too well defined” (there are only
450 social enterprises in Hong Kong), John
stressed that there are certainly many
business opportunities for empathetic and
innovative students.
AREAS REQUIRING IMPROVEMENT
Overseas students have advantages in
having good spoken and written English
as well as the potential to apply their
understanding of the overseas social
system to Hong Kong’s effectively. John
introduced para-counselling services
in Hong Kong after gaining exposure
to it during his stay in Australia.
“Different places adopt different social
service practices and the exchange is
unquestionably meaningful”. Pointing out
the fact that Hong Kong students can have
quite narrow social circles, which John
disapproves of; he further encourages them
to step out of their comfort zone, diversify
their friend base and build relationship with
people from different ethnic backgrounds.
MUST-HAVES FOR THE NGO SECTOR
In reality, “this is one self-elective industry
you can’t force yourself into.” John
emphasised the importance of attitude.
As mentioned earlier, tangible returns
including wages and employment perks
are not factors which differentiate the
NGO industry. He believes that you must
have empathy alongside the desire
to make a difference to truly enjoy
working in the NGO sector. Welcoming
students specialising in a range of areas
including education, engineering, law and
finance, John welcomes any fervent and
compassionate individuals to contribute
through any of the aforementioned options
and he looks forward to enlarging the
sector’s capacity with the support from all
of you.
SOCIAL WORK, VOLUNTEERING AND
SOCIAL ENTERPRISES
Social workers engage in a range of
activities such as training volunteers,
counselling, night-time and cyber outreach.
John shared, in his words, a “priceless
experience” which involved working with
teenagers at Juvenile Home. A teenager
whom he had provided counselling to,
due to a violent background and drug
abuse recently got in contact with him
and thanked him for his assistance.
Without John’s guidance he would still
have been with his gang, let alone gaining
a position at the Correctional Services
Department today. Hence, although the
entry salary for the sector ($17,000 -
$18,000) is perceptibly lower than the
mean ($23,000), the job satisfaction and
invaluable encounters strengthened John’s
will to stay in this profession.
According to the local law, one must
complete an accredited social work training
course in Hong Kong to become a social
worker. Fully aware that this may put off
some passionate students whose degree is
of other disciplines, John provided another
option - volunteering, which is open to
people with different levels of education,
commitment and abilities. Yet as easy as it
is to recruit volunteers, it is as difficult to
maintain them. John hopes students could
dedicate more time on sustained services
such as tutoring, visiting elder homes,
criminals in prison and patients who are
on the verge of death. Facing a shortage
particularly in expanding elderly services
provoked by ageing population, John calls
out for support to cope with this pressing
issue in Hong Kong.
What might be most captivating to
the vast amount of business overseas
student is the last option, setting up
a social enterprise. Social enterprises
are businesses aiming to tackle social
problems, improve communities and
people’s life chances. A prominent example
would be the Ho Man Tin Sports Centre
PURSUIT AUGUST 2015 | 23
Hong Kong’s Film Entertainment industry is
one of the largest in the world but it’s not all
glitz, glamour and spotlights. We are honored
to have the opportunity to interview Chu Chen
On, Executive Producer of October Pictures
Ltd (拾月堂) to give us an insight into the
world of film and specifically, the Production
Services industry. As an avid supporter of
film, On started off as a production assistant.
Working in a movie set is refreshing for him
and being involved in production entails the
transformation of a small, one-dimensional
idea into a large-scale, multi dimensional
film. Now a veteran in the industry, On
has handled a myriad of international and
local productions, ranging from television
commercials to documentary films to feature
films, including the production of the Batman
Sequel – The Dark Knight.
NATURE OF WORK
As a co-producer of many international
productions set in Hong Kong, On’s role
entails extensive preparation to ensure the
smooth running of the filming period and to
meet the needs of producers and directors.
This includes managing transportation,
accommodation, casting for talents and
extras, acquiring permits, as well as providing
creative inputs such as the selection of
locations for filming.
The producer’s role is both creative and
technical. When a director comes up with
an idea, they would consult the producer for
suggestions. Producers would read the script
and suggest certain settings where their
ideas can be realized. For instance, in The
Dark Knight, On suggested to film the action
scene on top of the International Finance
Centre Tower 2 (IFC 2), which overlooks the
Hong Kong city skyline. In fact, this was a
Written by Stephanie Fung, Jade Lee and Kelly Yeung
BEHIND THE GLAMOUR
FILM PRODUCTION INDUSTRY:
24 | PURSUIT AUGUST 2015
At the same time, failures are inevitable
and are bound to happen. Thus, one’s
curiosity, love and passion for movies are of
paramount importance in filmmaking.
Those who are interested in pursuing
a career in the film production industry
should not be worried as new blood is
always welcomed. Therefore, if you are
passionate about movie making and are
keen to learn, what are you waiting for?
ADVICE TO STUDENTS
Pursuing a career in the film production
industry is all about your expectations.
There are many misunderstandings about
this industry because we, as the audience,
only see the alluring aspect of working
in the film industry. As On explained,
“one morning, I was on a helicopter for 2
hours scouting for the new James Bond
movie which then ended with lunch in the
Peninsula Hotel. In the afternoon, I visited
the local markets and communicated with
different shop owners.” If you only expect
to be under the spotlight, going to fancy
parties and having expensive meals, then
the film industry might not be for you. It
requires much hard work and perseverance;
some people can work up to 18 hours a
day to turn the impossible to the possible.
challenging and unprecedented feat, as
nobody had ever filmed at the top of the
IFC 2. To implement this idea, On and his
team also brought a C130 transport plane
to Hong Kong and were able to fly it across
the Victoria Harbour. Being a producer is
more than just being imaginative, it also
requires one to be quick-witted; to attract
scriptwriters and producers from other
countries to come to one’s city, because
having a concept does not necessarily
mean it can be put into action in that city.
FUTURE OF THE HONG KONG FILM
INDUSTRY
When asked whether Hong Kong’s film
industry will reach the level of international
standards, On commented honestly that
this is a challenging task because of the
language barriers. More than half of the
world speaks English, whereas Hong Kong
movies are in Cantonese, thus only open
to a fairly limited and small market. As a
result, people are less likely to spend as
much money on productions that generate
fewer profits. Larger investments are made
in western film productions, which target
a larger market. When one can afford to
spend more money, the quality of those
movies will also improve. For instance, in
terms of technical aspects of production,
one can use more advanced equipment,
helicopters, etc.
“IF YOU ONLY EXPECT TO BE UNDER THE
SPOTLIGHT, GOING TO FANCY PARTIES AND
HAVING EXPENSIVE MEALS, THEN THE FILM
INDUSTRY MIGHT NOT BE FOR YOU.”
The Dark Knight Movie
PURSUIT AUGUST 2015 | 25
Tailor it for different
occasions and
audiences
Practise always
makes perfect!
Prepare intelligent
questions to ask
employers
Smile, look the
person in the eye,
and don’t forget to
breathe!
Keep it
professional, short
and concise
Friends can point out any strange phrases, nervous
habits and achievements that you have missed out
What is in it for them?
Focus your message on their needs
Use benefit-focused terminology:
How will your knowledge, skills and
experience benefit the company?
What are your academic and work backgrounds?
What skills, accomplishments and work experiences do you have that are
relevant to your position?
What makes you stand out from other candidates?
Why do you want to work for the employer or company?
What are your aspirations and
expectations in your career path?
Remove irrelevant details that
divert from your core message
Don’t “oversell” yourself
What field are you aiming to
enter?
What type of job are you
pursuing?
1 CLARIFY YOUR
JOB TARGET
2 WHEN ASKED TO INTRODUCE
YOURSELF
3 THE INTERVIEW IS ABOUT
THEM, NOT YOU
4 PRACTISE YOUR PITCH
WITH A FRIEND
5 KEY TIPS
20 s
10 s 5 s
20 s
5 s
60 SECONDS TO LAND A JOB
26 | PURSUIT AUGUST 2015
Protiviti is a global consulting firm that helps companies solve problems in finance, technology, operations,
governance, risk and internal audit. Our network covers more than 70 locations in over 20 countries, and more than
3,700 professionals provide a host of consulting and internal audit solutions to over 60 percent of FORTUNE 1000®
and 35 percent of FORTUNE Global 500® companies. We are proud to be named one of the 2015 Fortune 100 Best
Companies to Work For.
We hire and develop diverse thinkers to partner and advise our clients in various industry sectors on critical
business problems in the following areas:
- Business Performance Improvement
- IT Consulting
- Risk and Compliance
- Internal Audit and Financial Advisory
The Institute of Chartered Accountants in England and Wales, ICAEW, is a world leading professional membership
organisation that promotes, develops and supports over 144,000 chartered accountants worldwide. We provide
qualifications and professional development, share our knowledge, insight and technical expertise, and protect the
quality and integrity of the accountancy and finance profession.
As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to
maintain the highest professional standards and integrity. Together we contribute to the success of individuals,
organisations, communities and economies around the world.
KPMG is a global network of member firms with over 162,000 people worldwide, including more than 9,000 people
across 16 offices in China. We provide audit, tax and advisory services to many of the world’s foremost companies.
Our client focus, our commitment to excellence, our global mindset and unparalleled delivery build long standing
partnerships based on trust and integrity, which are at the core of our business and international reputation.
We embrace differences in the workplace, including our various cultures, skills, backgrounds and experience. We
welcome students from different disciplines to join us.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver
help build trust and confidence in the capital markets and in economies the world over. We develop outstanding
leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a
better working world for our people, for our clients and for our communities.
Our practices that span across over 150 countries and 28 regions have been organized into four integrated
geographic areas to make us one of the most globally integrated professional services organization in the world.
We are currently hiring positions in assurance, tax and advisory services. For more details, please visit www.ey.com/
cn/careers
PROFESSIONAL SERVICES
PwC China, Hong Kong, Taiwan and Macau work together on a collaborative basis, subject to local applicable laws.
Collectively, we have around 620 partners and a strength of over 15,000 people.
Providing organisations with the professional service they need, wherever they may be located. Our highly
qualified, experienced professionals listen to different points of view to help organisations solve their business issues
and identify and maximise the opportunities they seek. Our industry specialisation allows us to help co-create solutions
with our clients for their sector of interest.
We are located in these cities: Beijing, Shanghai, Tianjin, Chongqing, Shenyang, Dalian, Xi’an, Chengdu, Qingdao,
Nanjing, Suzhou, Wuhan, Hangzhou, Ningbo, Xiamen, Guangzhou, Shenzhen, Hong Kong, Taipei, Chungli, Hsinchu,
Kaohsiung, Taichung, Tainan, and Macau.
OFFICIAL SPONSOR OF THE UK JOINT UNIVERSITY HONG KONG CAREER FAIR
COMPANY PROFILES
PURSUIT AUGUST 2015 | 27
Lazard is one of the world’s preeminent financial advisory and asset management firms. Listed on the NYSE, it has
origins dating back to 1848 and operates from 42 cities across 27 countries.
Lazard has unique expertise and a broad range of experience in both sovereign and corporate advisory. It was
ranked as top 10 M&A advisory firm by Thomson Financials by 2012 global completed deal value.
Lazard has been recognized as the “Best Independent Investment Bank” worldwide and the “Best M&A House in
France” in the Euromoney Awards for Excellence 2014. The editors cited Lazard as “the only independent firm that
truly challenges the big universal banks.”
DBS is a leading financial services group in Asia, with over 250 branches operating across 17 markets. Headquartered
and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast
Asia and South Asia. The Bank’s capital position, as well as “AA-” and “Aa1” credit ratings, is among the highest in Asia-
Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker,
a member of the Financial Times group, and the “Best Bank in Asia-Pacific” by Global Finance. The Bank has also been
named the “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014.
Worldwide, BNP Paribas has a presence in 75 countries with more than 180,000 employees. It ranks highly in its two
core activities: Retail Banking & Services and Corporate & Institutional Banking. In Asia Pacific, BNP Paribas is one
of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with
over 9,500 employees and a presence in 14 markets, BNP Paribas provides clients with product and service solutions
tailored to their specific needs. It is actively expanding its franchise in the region and aims to increase its revenue to €3
billion in Asia Pacific by 2016.
Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited (“BEA”) is dedicated to providing comprehensive
commercial banking, personal banking, wealth management, and investment services to its customers in Hong Kong,
Mainland China, and other major markets around the world.
BEA is the largest independent local bank in Hong Kong, with total consolidated assets of HK$795.9 billion
(US$102.6 billion) as of 31st December, 2014. The Bank is listed on The Stock Exchange of Hong Kong and is one of the
constituent stocks of the Hang Seng Index. BEA also operates one of the largest branch networks in Hong Kong, with
88 branches, 62 SupremeGold Centres and 9 i-Financial Centres throughout the city.
In Mainland China, BEA’s operational presence dates back to the opening of the Bank’s Shanghai Branch in
1920. Today, the BEA Group operates one of the largest networks of any foreign bank, with more than 130 outlets in
Mainland China, Macau, and Taiwan.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical
edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering
data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg
Professional service, which provides real time financial information to more than 315,000 subscribers globally.
Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to
access, integrate, distribute and manage data and information across organizations more efficiently and effectively.
FINANCIAL SERVICES
28 | PURSUIT AUGUST 2015
PURSUIT AUGUST 2015 | 29
AlphaSights
DFS Group is the world’s leading luxury travel retailer. Established in Hong Kong in 1960, DFS Group continues to be
a pioneer in global luxury travel retail, offering its travelling customers a carefully curated selection of exceptional
products from over 700 of the most desired brands through 420 locations on three continents. Its network consists
of duty free stores located in 18 major global airports, 14 downtown Galleria stores, as well as affiliate and resort
locations. The Group is privately held and majority owned by the world’s largest luxury conglomerate Moët Hennessy
Louis Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Miller. DFS Group employs over 9,000 people
focused on creating inspiring retail experiences for its customers. In 2012, over 200 million travellers visited DFS stores.
DFS is headquartered in Hong Kong and has offices in Hawaii, Los Angeles, Shanghai, Singapore and Tokyo.
For more information, visit www.dfsgroup.com
RETAIL
Metro Broadcast is not merely a radio station. We are a broadcaster which pioneers integrated and one-stop-shop
services for advertisers and audiences. With a mix of radio (2 FM, 1 AM and 3 digital audio broadcast channels),
website, mobile apps, social media engagement and event marketing, we are enabled to maximize mobility of our
services, outreaching mass audiences. Diversity, flexibility and, above all, quality is what we are always determined to
offer. Having a great sense of corporate social responsibility, Metro cares about the community and the needy with its
best endeavors; it explains why Metro is recognized as Caring Company for more than 10 years running.
MEDIA
AlphaSights is a high-growth information services firm working alongside the world’s leading investment funds,
strategy consultancies and global corporations. Operating out of global knowledge hubs in London, New York, Hong
Kong and Dubai, our Analysts work together seamlessly to identify and engage the right experts in response to our
clients’ unique business challenges.
The Hong Kong office was founded at the end of 2011 and continues to double in size every year. Globally,
AlphaSights is on the cusp of reaching critical mass and we have exciting plans for growth in Asia. For those who join
our Hong Kong office now, the opportunity exists to directly drive client growth and regional expansion. Our mission
is twofold; to help today’s business leaders succeed and to build a world-class firm that inspires and develops the
business leaders of tomorrow.
INFORMATION SYSTEMS
AXA Asia is a market leading insurance player offering a differentiated composite proposition in Life and General
Insurance with operational presence in Hong Kong, Singapore, Indonesia, China, India, Malaysia, the Philippines, and
Thailand. AXA Asia is part of the AXA Group, headquartered in Paris and a worldwide leader in insurance and asset
management with a presence in 59 countries. AXA Asia is committed to creating a sustainable, long-term business for
our employees, customers and shareholders.
AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in
Hong Kong in 1931. We have the largest team of financial planners in Hong Kong and Macau*, now around 11,000, as
well as an extensive network of brokerage and bancassurance partners who serve around 1.78 million customers. Our
products range from individual life, group life, accident, medical and health, personal lines insurance to investment-
linked products with numerous investment options.
* As of 31 December 2014
INSURANCE
PROPERTY
UTILITY
Established in 1901, CLP Power Hong Kong Limited (CLP Power) is the principal subsidiary of the CLP Group (CLP).
CLP Power operates a vertically-integrated electricity supply business in Hong Kong which includes generation,
transmission and distribution and serves 80 percent of the territory’s population. CLP Power employs more than
3,800 staff, of whom around 65% are engineering & technical staff. CLP Power has been supplying Hong Kong with
the reliable power for more than 110 years which also aims to have a continuous leading role of energy industry from
generation to generation. We are committed to continuing to light up our city and to serving each of our customers to
the very best of our ability by considering the economy, the society, and the environment.
Hang Lung Properties Limited, a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability
Indices in Hong Kong, is a leading real estate developer in Hong Kong and mainland China. Boasting a diversified
portfolio of investment properties in Hong Kong, the Company has progressively branched out into the Mainland since
the 1990s, building, owning and managing world-class commercial complexes in key cities, projects that have earned
international acclaim for their exceptional quality of architectural design, services and sustainable features. As Hang
Lung’s business continues to grow, the Company is set to develop into the most admired mega national commercial
property enterprise in the market.
Founded in 1970, New World Development Company Limited (“New World Group”, Stock Code: 17.HK) was
publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A diversified
holding company with a focus on property development, New World Group’s core business areas include property
development, infrastructure and service, department stores and hotels. As at 31 December 2014, the total asset value
of the Group amounted to HK$378.5 billion.
The Link Real Estate Investment Trust, managed by The Link Management Limited, is the first real estate investment
trust listed in Hong Kong, and currently Asia’s largest REIT and one of the world’s largest retail-focused REITs in
terms of market capitalisation. Wholly-owned by private and institutional investors, The Link REIT is a constituent
stock of the Hang Seng Index. With a portfolio focused on community shopping centres that serve the daily needs of
the shoppers, we serve the community by creating vibrant and unique retail experiences that meet the needs of the
people who live around our shopping centres. By doing so, we are able to provide an effective platform through which
our tenants’ businesses can flourish, while enhancing value for unitholders of The Link REIT, and supporting our local
economy.
Founded in 1978, Centaline Property Agency Limited is the flagship of the Centaline Group today. Throughout the
decades,Centaline has extended its service arm from residential sector to various sectors including commercial,
industrial, retail and car-parking spaces. In recent years, the company has evolved to be a one-stop property services
provider. Centaline Property Agency Limited refrains herself from real estate speculations, instead it dedicates to
real estate agency. With its arguably comprehensive branch network and big sales team throughout the Great China
Region and Singapore, the company works towards customer excellence and values her customers with upmost effort
to increase the diversity of cluster customer.
30 | PURSUIT AUGUST 2015
NON-PROFIT ORGANISATION
GOVERNMENT
Administrative Officers
The Administrative Service is a cadre of multi-skilled professional administrators who play a key role in the
Government of the Hong Kong Special Administrative Region. Members of the Administrative Service are posted
around a wide variety of posts in bureaux and departments at regular intervals. On average, there will be a change
of postings in every two to three years. Through regular postings, the officers receive wide exposure, acquire broad
experience, develop multi-skills and enjoy variety in their career. Their breadth of experience, strong administration
skills, versatility and quest for challenges make them important assets of the Government.
Executive Officers
Executive Officers are professional managers who specialise in resource and system management. Posted around
different policy bureaux and government departments, they enjoy a wide variety of work and have the opportunity
to work with people of different backgrounds. The main job functions of the Executive Officer Grade include human
resource management, financial resource management, administration support, system/project planning and
development, direct services to the public, support to boards and councils and event management.
Established since 1984, the Mountbatten Institute is a not-for-profit organisation and an authorised government
exchange provider in the UK and USA. We are listed in the UK Home Office Border Agency and US State Department
websites as Official Sponsors. For more than 30 years now, our Internship Programmes have placed more than 5,000
young professionals in the world’s leading financial and investment centers in New York and London. Our offices are
located in London, New York, Bangkok, Sydney and New Delhi. There is also the option of combining postgraduate
studies (MA & MBA) with the internship.
Founded in 1884, The Hong Kong Jockey Club is one of Asia’s oldest and most prestigious membership clubs. The
Club has since achieved world-class standards of excellence in leading the development of the sport of horse racing
and providing socially responsible betting services, while also significantly contributing to the betterment of society
through donating the surplus from its operations to charitable and community projects.
Always striving for world-class excellence, the Club shares the same can-do spirit and values as Hong Kong people,
and is committed to exploring new ways of achieving a better future for all. In 2013/14, the Club’s donations reached a
record HK$3.6 billion and supported no fewer than 168 projects; and over the years, its charitable contributions have
touched the lives of 75 per cent of the population in Hong Kong. The Club also continues to make a difference by being
Hong Kong’s single largest taxpayer. In 2013/14, its total tax and duty payments amounted to HK$19.58 billion, which
contributes to Hong Kong’s ability to maintain a low tax regime. In addition, as one of Hong Kong’s largest employers,
the Club enables over 24,800 full-time and part-time staff to contribute to the city’s economic development.
Committed to global excellence and giving back to society, the Club is always “riding high together for a better
future” with the people of Hong Kong.
PURSUIT AUGUST 2015 | 31
The opportunity
of a lifetime
Your future is shaped by your experiences. At PwC, we
constantly support you in taking advantage of opportunities
that will help you create a future that’s right for you.
What’s a PwC future? It means you can grow and learn in
multi-disciplinary teams to develop your skills and expand
your knowledge database. You’ll work with experienced
professionals and some of the world’s most recognisable
companies and build lifelong relationships with them. Does
this sound like what you’re looking for?
Also interested to explore other opportunities for experienced
hires in different locations? Please visit:
Hong Kong: www.pwchk.com
China: www.pwccn.com
Singapore: www.pwc.com/sg
Taiwan: www.pwc.com/tw
© 2014 PricewaterhouseCoopers Limited. All rights reserved. PwC refers to the Hong Kong member firm, and may sometimes refer to the PwC network. Each member firm is a
separate legal entity. Please see www.pwc.com/structure for further details. HK-20141024-4-C1
www.pwchk.com
A PwC future –
what’s in it for you?
Opportunities for you in
Assurance
Tax
Advisory
Internal Firm Services

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2015 UK Joint University Hong Kong Career Fair Magazine

  • 1. WE CANNOT CHANGE THE CARDS WE ARE DEALT, JUST HOW WE PLAY THE HAND BANKING TIPS Words of wisdom from the Managing Director of IBD at the Agricultural Bank of China /11 STEPS TO SUCCESS An exclusive interview with Audrey Eu about what’s required to have a successful career /14 HOW TO LAND A JOB 60 seconds of tips geared to get you your dream job /26 PURSUITUK JOINT UNIVERSITY HONG KONG CAREER FAIR GUIDE AUGUST 2015 ISSUE 2 WWW.OSN-UK.ORG LEARN FROM THE MASTERS OF THE GAME “ ” RANDY PAUSCH
  • 2.
  • 3. WORDS FROM KEVIN SUPPORTING SOCIETIES Exclusive Media Partner The Classified Post, published every Saturday, is an English-language recruitment publication in Hong Kong with a reputation for offering quality job postings. Launched in 1973, it originally came in a single section of the South China Morning Post following 70 years of classified advertisements published as part of the main paper. It was changed to a multi-section publication in 1988 as demand from advertisers grew. Committee Members (2015-2016) President Kelly Yeung Vice President Kelly Chan Head of Strategic Development Brandon Chung Head of Sponsorship Jade Lee Deputy Heads of Sponsorship Angela Li, Gregory Ho Co-heads of Event Planning Dudson Yip, Rhoda Au Head of Marketing and Publication Stephanie Fung Deputy Heads of Marketing and Publication Justine Chan, Sophia Sung top students in the community. With the continued support from the Hong Kong Economic and Trade Office, London, the Hong Kong General Chamber of Commerce and SCMP and the new partnership with the British Council, we hope to provide even more career opportunities to our students through an increasing number and wider variety of industry representatives this year. On behalf of the UK Joint University Hong Kong Career Society, we would like to extend our warmest welcome to all participating students and industry representatives in this fantastic platform to connect with each other! Kevin Lo President of the UK Joint University Hong Kong Career Society (2014-2015) The UK Joint University Hong Kong Career Society was formed in 2013 to bridge the gap between the competent Hong Kong students studying in the UK and established employers in Hong Kong. Top universities in the UK supply over 1,000 highly equipped students aiming to return to Hong Kong to start their career each year. However, due to the segregation between each university and Hong Kong, there was never a platform to collectively bring together students and employers. The 2013-14 academic year has seen a very encouraging start to the society. Our inaugural career fair featured over 20 industry representatives from more than 10 industries to interact with more than 700 students through booths, workshops and talks. This year, we partnered with even more supporting societies from 20 UK Universities to engage with more Organiser www.osn-uk.org info.osn.uk@gmail.com PURSUIT AUGUST 2015 | 3
  • 4. Advisor & Supporting Organisations This Year’s Speakers The Banking Industry Uncovered featuring Steve Wong, Managing Director of IBD at Agricultural Bank of China Steps to Success featuring Audrey Eu (余若薇), Senior Counsel, ex-Legco member, Former Chair of the Bar Association and Civic Party Founder and Chairman The Building Blocks Of Tomorrow featuring Victor Cheung, President of the Hong Kong Institution of Engineers (2014-15) Make A Differece, Not Just A Living featuring Dr John Fung, Sector and Capacity Development Business Director in Hong Kong Council of Social Service Behind The Glamour featuring Chu Chen On, Executive Producer of October Pictures Ltd. (拾月堂) 60 Seconds to Land a Job Company Profiles 27 26 24 22 6 8 11 18 14 THE BANKING INDUSTRY UNCOVERED EXCLUSIVE INTERVIEW WITH AUDREY EU COMPANY PROFILES 60 SECONDS TO LAND A JOB 27 26 14 11 CONTENTS 4 | PURSUIT AUGUST 2015
  • 5.
  • 6. 6 | PURSUIT AUGUST 2015 MR. BERNARD CHAN GBS, JP HKSAR EXECUTIVE COUNCIL MEMBER Every year between five and six thousand Hong Kong students commence higher education study in the UK. UK degrees have a global reputation for quality, and are recognised by employers worldwide as a sign of high academic standards. Many UK courses are designed in partnership with businesses and are taught by industry professionals, so students gain real experience that employers require. The UK teaching style also helps students to develop attributes which are in high demand from employers – attributes such as creativity, innovation, teamwork and leadership. The UK is a multicultural society, and UK campuses are international communities. By studying in the UK students gain an international perspective, learn about new cultures, and socialise with students and teachers from around the world – valuable experience for when they return to Hong Kong to commence their careers. The British Council is therefore delighted to work with UK Joint University HK Career Society in organisation of the Career Fair. This event is an excellent opportunity for Hong Kong employers to target the highly qualified graduate recruitment pool of Hong Kong students returning from the UK. For students the Fair is an invaluable opportunity to meet and ask questions to representatives of Hong Kong’s most desirable employers. We are delighted to be involved in this most valuable event. The Hong Kong Economic and Trade Office in London is delighted to be supporting the UK Joint University Informative Career Fair organised by the Joint University Hong Kong Career Society Committee. A well-educated, hard-working, flexible and enterprising workforce has always been one of Hong Kong’s greatest strengths. To maintain Hong Kong’s competitiveness in the globalised market, in addition to nurturing our home-grown talents, it is important to encourage young Hong Kong people to come back to Hong Kong and contribute to our economy. The UK Joint University Informative Career Fair provides an excellent platform to unite Hong Kong students across the UK and introduce to them the opportunities available in Hong Kong. Corporates as recruiters will also have the opportunities to reach out to some of Hong Kong’s best and brightest talents. I am tremendously proud of the efforts and creativity of our young Hong Kong people who work so hard for this project, and I wish the event every success. The Hong Kong General Chamber of Commerce is delighted to again support the UK Joint University Informative Career Fair this year. We may be the oldest business organization in Hong Kong, but we firmly believe in our youngsters, who hold the future of Hong Kong in their hands. This practical event provides Hong Kong companies with the chance to meet overseas talent who wish to return to Hong Kong and devote their skills and knowledge to building a better Hong Kong. These young people will be the Hong Kong’s future economic engine, so it is also an ideal platform for them to engage in businesses and learn more about businesses’ needs and aspirations. We would like to wish the fair organizers every success, and also that attendees find a successful career path. The UK Joint University Hong Kong Informative Career Fair is now looking forward to its third year. With one full fair already organized, it has established itself as a valuable forum in which high-quality youngsters from Hong Kong who have been studying in the UK can come together with leading local employers looking for talented new recruits. The previous fair’s success was a result of careful event organization and targeting of student and employer audiences, resulting in a convenient and useful opportunity for all concerned. It looks set to continue filling this important niche in serving young Hong Kong career-seekers and our growing industries. I wish the next fair and all participants every success. ROBERT NESS DIRECTOR BRITISH COUNCIL HONG KONG MS. ERICA NG DIRECTOR-GENERAL HONG KONG ECONOMIC AND TRADE OFFICE, LONDON Hong Kong Economic and Trade Office, London ADVISOR & SUPPORTING ORGANISATIONS
  • 8. 8 | PURSUIT AUGUST 2015 HUMAN RESOURCES ENTREPRENEUR GOVERNMENT MR. RONNIE CHENG ENTREPRENEUR AND CO-FOUNDER, LAB MADE LIMITED Ronnie Cheng, the founder of Lab Made, is a pioneer of liquid nitrogen ice cream technology in Hong Kong. He studied Pharmacy at the University of Manchester and worked as a pharmacist in London after his graduation. He was determined to take this innovative method back to Hong Kong after being introduced to liquid nitrogen ice cream in London by his friend. Despite the pressure from his family and hardships on licensing from the government, Ronnie decided to give up his job and opened his first store in 2012. Now his business has opened four new stores within two years. MS. LANCY CHUI VICE PRESIDENT, GREATER CHINA REGION Having joined ManpowerGroup in 1997, Lancy is currently Vice President of ManpowerGroup Greater China Region, which is a leading human resource consulting firm with over 50 years of experience in Hong Kong. Lancy has led ManpowerGroup to numerous awards, including the “Excellent Brand of Human Resources Consultancy” award from HK Leaders’ Choice Award 2009, 2010 and 2012. As a recognized expert in human resources, she is also a member of the Trade Advisory Committee (Employment Services) and a presenter of Foundation Skills in Human Resources Management training of the Hong Kong Institute of Human Resource Management. MR. KASPER NG ASSISTANT SECRETARY (ADMINISTRATIVE SERVICE) Mr. Kasper Ng, Assistant Secretary for the Civil Service, is responsible for the recruitment of Administrative Officers among other duties. Before taking up his current post, Mr. Ng has served in various government bureaux, including the Labour and Welfare Bureau and the Transport and Housing Bureau. Administrative Officer MR. SAM NG ASSISTANT SECRETARY (ADMINISTRATIVE SERVICE) Mr. Sam Ng joined the Government of the Hong Kong Special Administrative Region as an Executive Officer II in the 1990’s. He has worked in various departments including the Food and Environmental Hygiene Department, Hong Kong Police Force and Housing Department. Currently, he is Senior Executive Officer (General Grades) Training and Development 1 of the Civil Service Bureau. One of his main duties is to assist in conducting the Executive Officer II recruitment exercise. Executive Officer THIS YEAR’S SPEAKERS
  • 9.
  • 10. Focused on your tomorrow. Today. Asia Pacific Graduate Careers When you think of your future, what comes to mind? Do you see yourself becoming part of a truly global community with offices in over 75 countries? Do you envision working for a bank that’s strongly rooted in Asia Pacific with over 9000 employees across 14 markets? If your answer is yes, then BNP Paribas is where you should be. At BNP Paribas, we are here to offer you a career, not just a job. We have an exciting long-term plan for our growth in Asia Pacific and to achieve it we are committed to investing in your talent. That’s why we’re focused on your tomorrow. Today. apacgraduates.bnpparibas.com
  • 11. STEVE WONG MANAGING DIRECTOR OF IBD AT AGRICULTURAL BANK OF CHINA BUT, WHY BANKING? Mr. Wong’s choice to join the banking industry is perhaps not an unfamiliar one. As he puts it, in the sixties, the aim was to “study, get into a good university and earn as much as possible”. However, not everyone who enters banking, stays in banking. Mr. Wong stayed for a number of reasons: first, there was a substantial sense of achievement. His work being project-based, extensive teamwork was required and he enjoyed the sensation of working together towards a common goal. Second to that sense of achievement was the high monetary award; “Come on, let’s be real,” Mr. Wong laughs. Yet, Mr. Wong cautions that while investment bankers will sometimes get a very good bonus, it is but one side of the coin. There are booms and troughs in the economic cycle, and the high pay is but a compensation for being fired when the economy is performing poorly. As he sighs, “the economy can’t grow forever”. THE BANKING INDUSTRY The banking industry has always been one of the most sought-after industries by fresh Angeles (UCLA) (GPA 4.0 as well). He obtained a degree in business economics and acquired knowledge of accounting. After he graduated, he got his first ibank job in 1996 working as an analyst at W.I.Carrr Indosuez Capital Limited, a member of Crédit Agricole Corporate and Investment Bank. The first Chinese bank he worked at was in 2004, at the Bank of Communications Ltd as director of corporate finance. 4 years later, he joined the Industrial and Commercial Bank of China’s investment banking division as executive director. In 2010, he joined Agricultural Bank of China as managing director of IBD and continues to hold that position today. We were curious as to where he sees his future, and suspect that the title of CEO or department head may be well within reach. However, the main point of his story, as Mr. Wong sees it, is that it generally requires 8 to 10 years to obtain his position at a medium-sized bank. While others may see the glow of his success, Mr. Wong remembers the gleam of his sweat. Looking at Steve Wong, most people would only see the gleaming success of being a managing director of Agricultural Bank of China’s Investment banking division. Yet as Mr. Wong tells it, his road to success has never been smooth. Mr. Wong first started receiving higher education at Lingnan College in Hong Kong, after receiving unsatisfactory results. However, after half a year, he decided he wouldn’t really have the bright future he wanted from a local college, and left to do another program at a community college in the USA. For this, he thanks his family for the funds, as he didn’t come from a particularly well-off family, but spent their precious resources on him. Voice choked with emotion over the phone, Mr. Wong firmly stated that he wouldn’t be where he is now without his family. Community college lasted for a year and a half. There, he received a general education that taught him how to think logically, and he started developing an interest in economics. He received a GPA of 4.0 for the required general education subjects and with that impressive result, transferred to University of California, Los “STUDY, GET INTO A GOOD UNIVERSITY AND EARN AS MUCH AS POSSIBLE”. THE BANKING INDUSTRY UNCOVERED Written by Anson Cheung, Interviewed and Edited by Sophia Sung PURSUIT AUGUST 2015 | 11
  • 12. not be as polished. This is increasingly disadvantageous as the market in China grows. DOES HE RECOMMEND STUDENTS TO JOIN THIS COMPETITIVE SECTOR THEN? He hesitates, “Not really”. Investment banking is increasingly competitive, he explains, and connections have become more important. Banks prefer mainland Chinese with powerful connections and don’t particularly feel the need to hire somebody without connections. This edge is all the more important, when Chinese students who have studied abroad are often just as motivated and driven as Hong Kong students, if not more. It’s a sad fact that in general, Chinese employees bring in many business opportunities. For the Hong Kong students who wish to take the normal path of studying hard, getting into a bank and earning money, the path is a lot rougher than it used to be. The customer base has migrated to China and any student who wishes to strike gold will probably need a background in the mainland. The statistics tell the same tale of migration as Mr. Wong: in 2014, out of 115 IPO cases, estimate of 10% were based in Hong Kong and the rest were based in China. However, if Hong Kong students do have connections though, then they will have an easier time of it. Mr. Wong gives an example to illustrate the importance of connections: A renowned investment bank was reported to hire the children of the influential men in China – it is no surprise that later on, the bank was under investigation when they then got the deals from the state-owned enterprises. They are not the only culprit however, and Mr. Wong mournfully remarks that it is no longer about pure talent. The author and interviewer of this article would like to thank Mr. Steve Wong for his time and the valuable advice he shared with us. call lawyers and his clients from 4 to 6. Dinner would be at 6 and last for an hour. He would then spend the time in drafting prospectuses and documents that required a peaceful mind to think. The work day would end between midnight and 2 a.m. The weekend was slightly better, being half days of 5 working hours each. As he calculated, he would clock about 70 to 80 hours a week in total. Was it ever hard for him? Mr. Wong wanted to give up and quit the industry in 2000, but the desire to accomplish something in the banking industry was stronger so he rejoined the industry. Our interviewer having heard of the many horror stories about suicide and the stressful industry remarked that stress relief must surely be essential. Mr. Wong concurs, and recommends some non-industry related interests; reading philosophy books and his religion keeps him going. Moreover, attitude is crucial: “平常心,” Mr. Wong advises, telling us to keep a calm outlook. Try thinking from different perspectives, and always remember that if a project didn’t succeed, it doesn’t mean that you are a failure. “You are not the project!” he reminds us, and don’t ever be negative. TO THE STUDENTS We queried about the advantages and disadvantages for HK students studying in the UK, or overseas in general. Mr. Wong believes that firms generally prefer overseas students who did specifically accounting or economics over local students who did global business, as it is a more general degree. Moreover, overseas students usually have honed their English skills and thus are more proficient. However, their other languages, such as Mandarin and Cantonese may graduates. With 70 of the largest 100 banks in the world having an operation in Hong Kong, Hong Kong has one of the highest concentrations of banking institutions in the world and currently ranks third in the Global Financial Centres Index(GFCI), according to the Z/Yen Group. However, while the general belief is that there are many people working at an investment bank, Mr. Wong calls this a common misconception: the actual number of front line employees working at an investment banking division is much less than expected. For a medium-sized bank like Agricultural Bank of China, there are only around 40 employees in the investment banking division. Large banks like UBS employ 70 to 80 people at most. In fact, a bank is made up of many different fields. The front line divisions include the investment banking division, merger and acquisition (M&A), financial advisory, fund management (which, we are told, requires top-notch talent), direct investment, equity capital market (ECM), debt capital market and more. However, if students are interested in research, Mr. Wong again warns that there are not many successful examples. It’s a cruel world we live in, and the reality is that you can only be successful if someone believes in you, and thus this is an area that requires connections. Moreover, if you are not a star researcher, you don’t receive a high pay. As Mr. Wong explains using economics terminology, since success in this area is not really in proportion to the amount of time you devote to your research, long hours on your desktop machine would only lead to decreasing returns of scale. LIVING THE LIFE Mr. Wong well remembers his working hours when he was an associate. Work hours from Monday to Friday started at 9 a.m. when he arrived at the office. Lunch (and a bit of rest) was 1.5 hours. From 3-4 p.m., he would work on documents, and “BANKS PREFER MAINLAND CHINESE WITH POWERFUL CONNECTIONS AND DON’T PARTICULARLY FEEL THE NEED TO HIRE SOMEBODY WITHOUT CONNECTIONS” 12 | PURSUIT AUGUST 2015
  • 13. Academics do matter though, and Mr. Wong has a few tips to share. He himself sat through all the modules before registering to take them officially, so to get an idea of what he would be studying. He was also strategic in terms of choosing questions to answer; he chose numeric-based questions, which played to his strengths and were easy to achieve high marks in. While essays are often open-ended and subjective, there is only one absolute solution to numeric-based questions. Also, “make sure the professor’s good”; a student is only as good as the person who taught him. Mr. Wong suggests acquiring certain “must-have” skills. Presentation skills and co-ordination are key, so it doesn’t matter if one holds a degree in Geography or Law so long as you can make a good pitch. Moreover, sensitivity to numbers are extremely helpful and not surprisingly, social skills. Mr. Wong remarks that the best investment bankers in the industry are the ones who are best at socializing, as they have good connections with everyone. ADVICE FOR STUDENTS INTERESTED IN BANKING 1. Look for investment banks based in China as well The rewards are not lower than those in HK, and there is a huge market in China. Though the entry salary may still be higher in HK, as you move up the hierarchy, the salaries start to even up and in fact, some banks in China may give out even higher pay than HK banks. 2. Start working at an accounting firm, preferably one of the Big Four firms Get the AICPA certificate, which Mr. Wong calls “easy to get” as it will pave the way for you in investment banking. 3. Do more when you’re young “搏命”, Mr. Wong asserts in Cantonese. Do as much as you can and work hard. 4. Once you start working in the banking industry, save up. It’s easy to be overwhelmed and overspend when you’re rolling around in money after a bonus. But Mr. Wong remembers making the terrible mistake of wasting too much money on luxury goods. For him, his weakness was fancy cars and he overspent. To the youths who wish to enter the industry, he offers this cautionary tale. “MUST-HAVE” SKILLS Presentation skills Co-ordination Sensitivity to numbers Social skills TIPS Sit through modules before registering Choose numeric-based questions Make sure the professor’s good Play to your strengths STEVE WONG’S WORDS OF WISDOM PURSUIT AUGUST 2015 | 13
  • 14. Written by Stephanie Fung EXCLUSIVE INTERVIEW WITH STEPS TO SUCCESS AUDREY EU 14 | PURSUIT AUGUST 2015
  • 15. been fascinating despite the anxiety you experience when you come across a challenging case. There are times when you might question your decision of becoming a barrister. Nonetheless, when you end in victory, you will once again regain your confidence. There is generally a high regard for judges, barristers and solicitors for upholding the law. If you have the heart, it will be a profession you will definitely enjoy because you can do a lot of good. Nonetheless, many people have misconceptions that as a lawyer you will be able to dictate your own work hours and still earn a lot of money. However, this is not the case. You can be acting for an unlimited number of people, hours and days. Additionally, as Audrey explained, engaging in a lawsuit, especially ones about family disputes, “is not about money. It’s about relationships and emotions and some of [her] cases read like a fiction.” Having said that, it is still a great profession to take on because if you enjoy something you do, you will not be tired of it. ENGAGING IN POLITICS Lawyers’ engagement in the political sphere is always controversial. Despite the close relation between law and politics, there is a common belief that lawyers should remain neutral and not be ‘politicians in robes’. However, Audrey has a different view. “You cannot shy away from a rule of law issue just because it’s politically a hot potato.” The truth is that law and politics do overlap and as lawyers, you should not be afraid to deal with it. Even when an issue is highly political, it can also relate to the rule of law. Audrey quoted as an example the National People’s Congress’ decision on 31st August 2014 regarding the electoral system of Hong Kong and universal suffrage, which is clearly the centre of political controversy. Still, acknowledging the fact that law and politics go hand in hand, it is still crucial that lawyers, when dealing with political legal issues, should try to look at it from a legal perspective and not to be too influenced by personal political stances. LIFE AS A BARRISTER The journey to becoming a lawyer was not an easy one when compared to young people nowadays. Especially back in the early 70s, pursuing a career in law required a strong financial background and family connections in the legal profession. Coming from a small family that did not have any connections, when Audrey Eu decided that she wanted to be a barrister, people poured a lot of cold water on her. In those days, most people still believed that the ultimate aim for women was marriage and family. No one ever contemplated that Audrey would have become a lawyer, let alone a successful barrister and a powerful female figure in Hong Kong’s political sphere. Pursuing a career as a barrister can be grueling and it is inevitable that you will feel nervous every time you go to court. However, being slightly anxious is actually beneficial to you, as it keeps you alert and drives you to prepare more thoroughly. Nevertheless, the key to becoming a successful barrister is to have judgment and common sense. In Audrey’s words, “common sense is not very common”, particularly when law students are spoon-fed with the knowledge of many cases. As a result, when you receive a problem, you are mostly just trying to fit all those cases you have read and apply all of them believing that it is the answer to the question. This is an absolutely wrong approach. When you come across different cases, it is important to read them with a critical and analytical mind and understand the core question; what are the issues and the just outcome? Slowly, the cases will fall into place. When asked why she decided to become a barrister instead of a solicitor, Audrey said she did not want to later regret that she did not give herself a chance. “You are sometimes too caught up with other people’s perceptions of you, that you are reluctant to step out of your comfort zone. I just thought that it is better to have tried and failed than not to have tried at all!” She explained. She also encouraged young people not to be afraid of failing. For Audrey, court work has always “BETTER TO HAVE TRIED AND FAILED THAN NOT TO HAVE TRIED AT ALL.” PURSUIT AUGUST 2015 | 15
  • 16. “YOU ARE SOMETIMES TOO CAUGHT UP WITH OTHER PEOPLE’S PERCEPTIONS OF YOU, THAT YOU ARE RELUCTANT TO STEP OUT OF YOUR COMFORT ZONE.” FUTURE FOR LAW STUDENTS As a student studying in the UK, you should not feel disadvantaged because you are not familiar with the local scene. With technologies such as the internet, students can stay in tune with Hong Kong even if you are not physically present. In fact, UK students are, to a certain extent, at an advantage, because you speak better English compared to local students who are not able to have the same kind of exposure and opportunity, especially when English is a large part of the legal tradition. Despite that, it is still very vital that you are able to read and write Chinese, because some cases now do require knowledge of the Chinese language. Many big cases nowadays are to do with Mainland China; nearly 80% or even more of Audrey’s big cases, for instance business disputes cases, have Mainland connections. Therefore, it is important for students to be proficient in both English and Chinese. Audrey also believes that lawyers should generally be out-going and forward looking. Hong Kong is currently going through interesting times, “you as law students will be future lawyers at this critical time. When you can make a difference, you are the crux at the tide of changing history and you have the power to change its course.” Therefore, instead of feeling pessimistic about the possible change of legal systems, we should treat it as a challenge for young people to strive for and make a change. It does not matter whether you have studied law as your degree or decide to pursue a different career pathway. You should always “follow your heart” as Audrey phrases it. A lot of lawyers did not take up law as their first degree or career for one reason or the other, possibly due to difficulties in pursuing studies in law or because they had other opportunities and took up something else. However, years later, even when they are in their 30s or even 50s, many still come back to pursue a career in law because it is the calling of the heart. Law is a very competitive career, but you should still take it up not because it is a lucrative career but because you enjoy doing it and it somehow “tickles and excites you”. 16 | PURSUIT AUGUST 2015
  • 17. Ambitionis... kickingthe redsinto theblack. ‘Being a chartered accountant has given me stature. It has given me the ability to go to organisations like Manchester United and know that I can offer something that others can’t.’ Tim Williams, ICAEW Chartered Accountant and Manchester United’s former Group Financial Controller Achieve more as a chartered accountant. icaew.com/careers icaew.com/careers A world leader of the accountancy and finance profession
  • 18. VICTOR CHEUNG PRESIDENT OF THE HONG KONG INSTITUTION OF ENGINEERS (2014-15) affirms the statement, as they often have more international exposure, a better coordinating mindset and tend to consider all aspects when working. However, despite Hong Kong’s high level of development, there are still many opportunities, with new railway extension projects and a third airport runway. Not to mention, there are 21 engineering disciplines within the HKIE, with two new ones being logistics and transportation engineering and energy engineering. It is important to remember that Research and Development (R&D) is also a crucial part of engineering innovation. There are two types: pure research and applied research. Victor describes the former as a type of research that is more scientific: creating ‘something out of nothing’, whilst the latter tries to solve problems that engineers face practically. There is relatively little pure research in Hong Kong due to the lack of a manufacturing industry, however this is too, where the potential lies. Victor also highlights the opportunities abroad for engineers who are interested in R&D, particularly in Singapore an engineer is to comply with laws and regulations, but aside from that, it is also their duty to have a sense of social responsibility. As Victor acknowledges, there is a growing concern and respect for environmental values. Engineers now need to be more ethical and innovative in order to tackle the problem of sustainability. For instance, when reclamations took place in the past, pollution was inevitable as the mud needed to be dredged out from the seabed. However, engineers’ innovation has allowed the discovery of an alternate method: instead of dredging out the mud, they were able to squeeze out the water, enabling the reclamation process to be more environmentally friendly and ethical. PROSPECT OF HONG KONG’S ENGINEERING INDUSTRY Hong Kong is a relatively small city, with only 24% of 1,100 km2 being developable land. Due to its constrained development potential, Victor urges us to think beyond, to places such as mainland China and Southeast Asia. However, the reluctance of Hong Kong people to work abroad has been a hindrance to development, as working abroad is inevitable and in fact, very rewarding. When asked whether Hong Kong engineers still maintain an advantage in Mainland China, Victor The engineering industry, though at the heart of a thriving and bustling society, sometimes sees its importance underestimated. Using the example of a tap, Victor points out the unfortunate fact that many are ignorant of the source of the water and only focus on the tap’s function of providing it. The underlying hard work completed by engineers seems to be often overlooked. AS AN ENGINEER IN HONG KONG The general public has the impression that doctors, lawyers and investment bankers earn more than engineers. In fact, Victor highlights that engineering is not a profession that uses earnings as a benchmark. Instead, satisfaction is the main motivation for engineers. Being able to witness the construction or commercialization of their creations as a result of hard work give engineers an enormous sense of pride upon its completion. Engineering is in fact a very delightful profession to pursue. A fundamental requirement of being Interviewed by Vincent Chan, Written by Raymond Tsang and Kelvin Lo and Edited by Stephanie Fung and Jade Lee THE BUILDING BLOCKS OF TOMORROW 18 | PURSUIT AUGUST 2015
  • 19. shared anecdotes, hoping to inspire future engineers. Victor holds strongly that by engaging with the community more, we could change not only the students but also teachers’ and parents’ perceptions of engineers. Media outlets also play a vital role in publicising the engineering industry. For instance, a TV series called “Dreams Come True” (‘總有出頭天’) sponsored by the Construction Industry Council (CIC) and the Development Bureau of the HKSAR Government was broadcasted on RTHK in 2014. THE FUTURE OF HONG KONG ENGINEERS For the Y-generation (our current generation), Victor says that we usually carry less family burdens and we have a different mentality. We place a larger emphasis on the balance of work life and rest- yet he believes that it is unlikely that productivity will change. Technology has advanced at an increasing rate and our generation will have to cope with the change of pace. There is also another stereotype that this industry is only for men. In recent years, there has been positive growth in female engineering students and these new waves of female students will provide new ideas and influences. Victor also points out that as many in the industry are approaching the retirement age, more young blood is required for sustainable development. What is interesting about engineering is not the money involved, but the satisfaction of solving problems and creating something beneficial to mankind. Although career opportunities in Hong Kong may be more limited in comparison to others, Hong Kong Engineers still have the possibility to explore the industry abroad. What it takes to become a good engineer is, at the end of the day, interest and passion for the subject. as the Hong Kong-Zhuhai-Macau Bridge, railway works, hospitals and highways. As a result, civil engineering has seen a higher demand compared to other streams of engineering such as electrical or mechanical. The education system in Hong Kong has also been changed to a 3-3-4 system. Victor sees a lot of advantages in this new system despite its complexity, where students will be able to experience general education in engineering before specializing in their second year. PROMOTING THE INDUSTRY As the President of the Hong Kong Institution of Engineers, he runs a programme called “Engineer for a day”, where secondary school students go onsite to view engineers’ working conditions. Victor also held a day camp for secondary school students, where some visited the Hong Kong Aircraft Engineering Company Limited (HAECO) and the rest went to the MTR control centre. Afterwards, they visited HKUST and worked hands-on with spaceship design, 3D printing and cosmetic products. To finish, the engineers due to their government’s recent avid support of the creation of an aerospace industry with the help of large investment projects. DIFFERENCE BETWEEN STUDENTS STUDYING IN HONG KONG AND THE UNITED KINGDOM Victor ascribes the difference in studying cultures to the fact that UK universities emphasize self-study, coursework and group projects, whereas Hong Kong universities focus more on personal assignments. Nevertheless, he thinks the culture in Hong Kong has begun to change- with fewer contact hours, students have more freedom to research different projects. Changes can be observed in the Hong Kong University of Science and Technology (HKUST), where laboratories are open 24 hours and students can come up with extra projects other than the projects in the university curriculum, with professors as their advisors. Notwithstanding that, Victor believes that what ultimately defines the graduates is their academic results and more importantly, their attitude, personality and their communication skills, as opposed to the ranking of universities. NORMS LIMITING ASPIRING ENGINEERS Engineering as a subject has become increasingly popular and is leaving its former shell of being a ‘back-up’ subject. This phenomenon may be due to growing infrastructure projects in Hong Kong, such “MEDIA OUTLETS ALSO PLAY A VITAL ROLE IN PUBLICISING THE ENGINEERING INDUSTRY.” “ENGINEERING IS ... THE SATISFACTION OF SOLVING PROBLEMS AND CREATING SOMETHING BENEFICIAL TO MANKIND” Jennifer Yu in “Dreams Come True” (Source: RTHK.hk) PURSUIT AUGUST 2015 | 19
  • 20. Financial Planner / Management Associate, Wealth Management & Protection / Associate Financial Planner aia.com.hk We look for entrepreneurial and top caliber candidates to join our professional team to offer all-rounded financial solutions including financial planning, savings management, retirement planning and children’s education fund to clients. We offer: • Monthly allowance plus attractive commission and performance bonus • Comprehensive training programs for professional advancement • Successful candidates will enter into Career Representative Contracts with AIA • Fast-track advancement opportunities. Outstanding individuals will be promoted to management positions within 12 months. Candidates with tertiary education and/or above are welcome for Financial Planner or Management Associate, Wealth Management & Protection application while Associate Financial Planner may be considered for candidates with less qualification. Interested candidates please submit application to SUC SY – Authorized Representative of AIA by lily.wong@aia.com.hk or contact Ms. Angela Tang at 28813880. All personal data collected will be used for recruitment purpose only and will be treated in accordance with our Personal Data Policy, which is available immediately upon request. AIA reserves the right to modify the terms and conditions of package offered. Note: “AIA”, “we” or “our” herein refers to AIA International Limited (Incorporated in Bermuda with limited liability).
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  • 22. PURSUING A CAREER IN THE NGO SECTOR MAKE A DIFFERENCE, NOT JUST A LIVING “LIFE BEGINS AT THE END OF YOUR COMFORT ZONE” Written by Sophia Sung and Jason Wong 22 | PURSUIT AUGUST 2015
  • 23. DR JOHN FUNG SECTOR AND CAPACITY DEVELOPMENT BUSINESS DIRECTOR IN HONG KONG COUNCIL OF SOCIAL SERVICE Restaurant run by the Neighbourhood Advice-Action Council which provides on-the-job training and employment for the disabled. Having described the sector as “not too well defined” (there are only 450 social enterprises in Hong Kong), John stressed that there are certainly many business opportunities for empathetic and innovative students. AREAS REQUIRING IMPROVEMENT Overseas students have advantages in having good spoken and written English as well as the potential to apply their understanding of the overseas social system to Hong Kong’s effectively. John introduced para-counselling services in Hong Kong after gaining exposure to it during his stay in Australia. “Different places adopt different social service practices and the exchange is unquestionably meaningful”. Pointing out the fact that Hong Kong students can have quite narrow social circles, which John disapproves of; he further encourages them to step out of their comfort zone, diversify their friend base and build relationship with people from different ethnic backgrounds. MUST-HAVES FOR THE NGO SECTOR In reality, “this is one self-elective industry you can’t force yourself into.” John emphasised the importance of attitude. As mentioned earlier, tangible returns including wages and employment perks are not factors which differentiate the NGO industry. He believes that you must have empathy alongside the desire to make a difference to truly enjoy working in the NGO sector. Welcoming students specialising in a range of areas including education, engineering, law and finance, John welcomes any fervent and compassionate individuals to contribute through any of the aforementioned options and he looks forward to enlarging the sector’s capacity with the support from all of you. SOCIAL WORK, VOLUNTEERING AND SOCIAL ENTERPRISES Social workers engage in a range of activities such as training volunteers, counselling, night-time and cyber outreach. John shared, in his words, a “priceless experience” which involved working with teenagers at Juvenile Home. A teenager whom he had provided counselling to, due to a violent background and drug abuse recently got in contact with him and thanked him for his assistance. Without John’s guidance he would still have been with his gang, let alone gaining a position at the Correctional Services Department today. Hence, although the entry salary for the sector ($17,000 - $18,000) is perceptibly lower than the mean ($23,000), the job satisfaction and invaluable encounters strengthened John’s will to stay in this profession. According to the local law, one must complete an accredited social work training course in Hong Kong to become a social worker. Fully aware that this may put off some passionate students whose degree is of other disciplines, John provided another option - volunteering, which is open to people with different levels of education, commitment and abilities. Yet as easy as it is to recruit volunteers, it is as difficult to maintain them. John hopes students could dedicate more time on sustained services such as tutoring, visiting elder homes, criminals in prison and patients who are on the verge of death. Facing a shortage particularly in expanding elderly services provoked by ageing population, John calls out for support to cope with this pressing issue in Hong Kong. What might be most captivating to the vast amount of business overseas student is the last option, setting up a social enterprise. Social enterprises are businesses aiming to tackle social problems, improve communities and people’s life chances. A prominent example would be the Ho Man Tin Sports Centre PURSUIT AUGUST 2015 | 23
  • 24. Hong Kong’s Film Entertainment industry is one of the largest in the world but it’s not all glitz, glamour and spotlights. We are honored to have the opportunity to interview Chu Chen On, Executive Producer of October Pictures Ltd (拾月堂) to give us an insight into the world of film and specifically, the Production Services industry. As an avid supporter of film, On started off as a production assistant. Working in a movie set is refreshing for him and being involved in production entails the transformation of a small, one-dimensional idea into a large-scale, multi dimensional film. Now a veteran in the industry, On has handled a myriad of international and local productions, ranging from television commercials to documentary films to feature films, including the production of the Batman Sequel – The Dark Knight. NATURE OF WORK As a co-producer of many international productions set in Hong Kong, On’s role entails extensive preparation to ensure the smooth running of the filming period and to meet the needs of producers and directors. This includes managing transportation, accommodation, casting for talents and extras, acquiring permits, as well as providing creative inputs such as the selection of locations for filming. The producer’s role is both creative and technical. When a director comes up with an idea, they would consult the producer for suggestions. Producers would read the script and suggest certain settings where their ideas can be realized. For instance, in The Dark Knight, On suggested to film the action scene on top of the International Finance Centre Tower 2 (IFC 2), which overlooks the Hong Kong city skyline. In fact, this was a Written by Stephanie Fung, Jade Lee and Kelly Yeung BEHIND THE GLAMOUR FILM PRODUCTION INDUSTRY: 24 | PURSUIT AUGUST 2015
  • 25. At the same time, failures are inevitable and are bound to happen. Thus, one’s curiosity, love and passion for movies are of paramount importance in filmmaking. Those who are interested in pursuing a career in the film production industry should not be worried as new blood is always welcomed. Therefore, if you are passionate about movie making and are keen to learn, what are you waiting for? ADVICE TO STUDENTS Pursuing a career in the film production industry is all about your expectations. There are many misunderstandings about this industry because we, as the audience, only see the alluring aspect of working in the film industry. As On explained, “one morning, I was on a helicopter for 2 hours scouting for the new James Bond movie which then ended with lunch in the Peninsula Hotel. In the afternoon, I visited the local markets and communicated with different shop owners.” If you only expect to be under the spotlight, going to fancy parties and having expensive meals, then the film industry might not be for you. It requires much hard work and perseverance; some people can work up to 18 hours a day to turn the impossible to the possible. challenging and unprecedented feat, as nobody had ever filmed at the top of the IFC 2. To implement this idea, On and his team also brought a C130 transport plane to Hong Kong and were able to fly it across the Victoria Harbour. Being a producer is more than just being imaginative, it also requires one to be quick-witted; to attract scriptwriters and producers from other countries to come to one’s city, because having a concept does not necessarily mean it can be put into action in that city. FUTURE OF THE HONG KONG FILM INDUSTRY When asked whether Hong Kong’s film industry will reach the level of international standards, On commented honestly that this is a challenging task because of the language barriers. More than half of the world speaks English, whereas Hong Kong movies are in Cantonese, thus only open to a fairly limited and small market. As a result, people are less likely to spend as much money on productions that generate fewer profits. Larger investments are made in western film productions, which target a larger market. When one can afford to spend more money, the quality of those movies will also improve. For instance, in terms of technical aspects of production, one can use more advanced equipment, helicopters, etc. “IF YOU ONLY EXPECT TO BE UNDER THE SPOTLIGHT, GOING TO FANCY PARTIES AND HAVING EXPENSIVE MEALS, THEN THE FILM INDUSTRY MIGHT NOT BE FOR YOU.” The Dark Knight Movie PURSUIT AUGUST 2015 | 25
  • 26. Tailor it for different occasions and audiences Practise always makes perfect! Prepare intelligent questions to ask employers Smile, look the person in the eye, and don’t forget to breathe! Keep it professional, short and concise Friends can point out any strange phrases, nervous habits and achievements that you have missed out What is in it for them? Focus your message on their needs Use benefit-focused terminology: How will your knowledge, skills and experience benefit the company? What are your academic and work backgrounds? What skills, accomplishments and work experiences do you have that are relevant to your position? What makes you stand out from other candidates? Why do you want to work for the employer or company? What are your aspirations and expectations in your career path? Remove irrelevant details that divert from your core message Don’t “oversell” yourself What field are you aiming to enter? What type of job are you pursuing? 1 CLARIFY YOUR JOB TARGET 2 WHEN ASKED TO INTRODUCE YOURSELF 3 THE INTERVIEW IS ABOUT THEM, NOT YOU 4 PRACTISE YOUR PITCH WITH A FRIEND 5 KEY TIPS 20 s 10 s 5 s 20 s 5 s 60 SECONDS TO LAND A JOB 26 | PURSUIT AUGUST 2015
  • 27. Protiviti is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Our network covers more than 70 locations in over 20 countries, and more than 3,700 professionals provide a host of consulting and internal audit solutions to over 60 percent of FORTUNE 1000® and 35 percent of FORTUNE Global 500® companies. We are proud to be named one of the 2015 Fortune 100 Best Companies to Work For. We hire and develop diverse thinkers to partner and advise our clients in various industry sectors on critical business problems in the following areas: - Business Performance Improvement - IT Consulting - Risk and Compliance - Internal Audit and Financial Advisory The Institute of Chartered Accountants in England and Wales, ICAEW, is a world leading professional membership organisation that promotes, develops and supports over 144,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession. As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. Together we contribute to the success of individuals, organisations, communities and economies around the world. KPMG is a global network of member firms with over 162,000 people worldwide, including more than 9,000 people across 16 offices in China. We provide audit, tax and advisory services to many of the world’s foremost companies. Our client focus, our commitment to excellence, our global mindset and unparalleled delivery build long standing partnerships based on trust and integrity, which are at the core of our business and international reputation. We embrace differences in the workplace, including our various cultures, skills, backgrounds and experience. We welcome students from different disciplines to join us. EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Our practices that span across over 150 countries and 28 regions have been organized into four integrated geographic areas to make us one of the most globally integrated professional services organization in the world. We are currently hiring positions in assurance, tax and advisory services. For more details, please visit www.ey.com/ cn/careers PROFESSIONAL SERVICES PwC China, Hong Kong, Taiwan and Macau work together on a collaborative basis, subject to local applicable laws. Collectively, we have around 620 partners and a strength of over 15,000 people. Providing organisations with the professional service they need, wherever they may be located. Our highly qualified, experienced professionals listen to different points of view to help organisations solve their business issues and identify and maximise the opportunities they seek. Our industry specialisation allows us to help co-create solutions with our clients for their sector of interest. We are located in these cities: Beijing, Shanghai, Tianjin, Chongqing, Shenyang, Dalian, Xi’an, Chengdu, Qingdao, Nanjing, Suzhou, Wuhan, Hangzhou, Ningbo, Xiamen, Guangzhou, Shenzhen, Hong Kong, Taipei, Chungli, Hsinchu, Kaohsiung, Taichung, Tainan, and Macau. OFFICIAL SPONSOR OF THE UK JOINT UNIVERSITY HONG KONG CAREER FAIR COMPANY PROFILES PURSUIT AUGUST 2015 | 27
  • 28. Lazard is one of the world’s preeminent financial advisory and asset management firms. Listed on the NYSE, it has origins dating back to 1848 and operates from 42 cities across 27 countries. Lazard has unique expertise and a broad range of experience in both sovereign and corporate advisory. It was ranked as top 10 M&A advisory firm by Thomson Financials by 2012 global completed deal value. Lazard has been recognized as the “Best Independent Investment Bank” worldwide and the “Best M&A House in France” in the Euromoney Awards for Excellence 2014. The editors cited Lazard as “the only independent firm that truly challenges the big universal banks.” DBS is a leading financial services group in Asia, with over 250 branches operating across 17 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The Bank’s capital position, as well as “AA-” and “Aa1” credit ratings, is among the highest in Asia- Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and the “Best Bank in Asia-Pacific” by Global Finance. The Bank has also been named the “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014. Worldwide, BNP Paribas has a presence in 75 countries with more than 180,000 employees. It ranks highly in its two core activities: Retail Banking & Services and Corporate & Institutional Banking. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 9,500 employees and a presence in 14 markets, BNP Paribas provides clients with product and service solutions tailored to their specific needs. It is actively expanding its franchise in the region and aims to increase its revenue to €3 billion in Asia Pacific by 2016. Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited (“BEA”) is dedicated to providing comprehensive commercial banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland China, and other major markets around the world. BEA is the largest independent local bank in Hong Kong, with total consolidated assets of HK$795.9 billion (US$102.6 billion) as of 31st December, 2014. The Bank is listed on The Stock Exchange of Hong Kong and is one of the constituent stocks of the Hang Seng Index. BEA also operates one of the largest branch networks in Hong Kong, with 88 branches, 62 SupremeGold Centres and 9 i-Financial Centres throughout the city. In Mainland China, BEA’s operational presence dates back to the opening of the Bank’s Shanghai Branch in 1920. Today, the BEA Group operates one of the largest networks of any foreign bank, with more than 130 outlets in Mainland China, Macau, and Taiwan. Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 315,000 subscribers globally. Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. FINANCIAL SERVICES 28 | PURSUIT AUGUST 2015
  • 29. PURSUIT AUGUST 2015 | 29 AlphaSights DFS Group is the world’s leading luxury travel retailer. Established in Hong Kong in 1960, DFS Group continues to be a pioneer in global luxury travel retail, offering its travelling customers a carefully curated selection of exceptional products from over 700 of the most desired brands through 420 locations on three continents. Its network consists of duty free stores located in 18 major global airports, 14 downtown Galleria stores, as well as affiliate and resort locations. The Group is privately held and majority owned by the world’s largest luxury conglomerate Moët Hennessy Louis Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Miller. DFS Group employs over 9,000 people focused on creating inspiring retail experiences for its customers. In 2012, over 200 million travellers visited DFS stores. DFS is headquartered in Hong Kong and has offices in Hawaii, Los Angeles, Shanghai, Singapore and Tokyo. For more information, visit www.dfsgroup.com RETAIL Metro Broadcast is not merely a radio station. We are a broadcaster which pioneers integrated and one-stop-shop services for advertisers and audiences. With a mix of radio (2 FM, 1 AM and 3 digital audio broadcast channels), website, mobile apps, social media engagement and event marketing, we are enabled to maximize mobility of our services, outreaching mass audiences. Diversity, flexibility and, above all, quality is what we are always determined to offer. Having a great sense of corporate social responsibility, Metro cares about the community and the needy with its best endeavors; it explains why Metro is recognized as Caring Company for more than 10 years running. MEDIA AlphaSights is a high-growth information services firm working alongside the world’s leading investment funds, strategy consultancies and global corporations. Operating out of global knowledge hubs in London, New York, Hong Kong and Dubai, our Analysts work together seamlessly to identify and engage the right experts in response to our clients’ unique business challenges. The Hong Kong office was founded at the end of 2011 and continues to double in size every year. Globally, AlphaSights is on the cusp of reaching critical mass and we have exciting plans for growth in Asia. For those who join our Hong Kong office now, the opportunity exists to directly drive client growth and regional expansion. Our mission is twofold; to help today’s business leaders succeed and to build a world-class firm that inspires and develops the business leaders of tomorrow. INFORMATION SYSTEMS AXA Asia is a market leading insurance player offering a differentiated composite proposition in Life and General Insurance with operational presence in Hong Kong, Singapore, Indonesia, China, India, Malaysia, the Philippines, and Thailand. AXA Asia is part of the AXA Group, headquartered in Paris and a worldwide leader in insurance and asset management with a presence in 59 countries. AXA Asia is committed to creating a sustainable, long-term business for our employees, customers and shareholders. AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. We have the largest team of financial planners in Hong Kong and Macau*, now around 11,000, as well as an extensive network of brokerage and bancassurance partners who serve around 1.78 million customers. Our products range from individual life, group life, accident, medical and health, personal lines insurance to investment- linked products with numerous investment options. * As of 31 December 2014 INSURANCE
  • 30. PROPERTY UTILITY Established in 1901, CLP Power Hong Kong Limited (CLP Power) is the principal subsidiary of the CLP Group (CLP). CLP Power operates a vertically-integrated electricity supply business in Hong Kong which includes generation, transmission and distribution and serves 80 percent of the territory’s population. CLP Power employs more than 3,800 staff, of whom around 65% are engineering & technical staff. CLP Power has been supplying Hong Kong with the reliable power for more than 110 years which also aims to have a continuous leading role of energy industry from generation to generation. We are committed to continuing to light up our city and to serving each of our customers to the very best of our ability by considering the economy, the society, and the environment. Hang Lung Properties Limited, a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, is a leading real estate developer in Hong Kong and mainland China. Boasting a diversified portfolio of investment properties in Hong Kong, the Company has progressively branched out into the Mainland since the 1990s, building, owning and managing world-class commercial complexes in key cities, projects that have earned international acclaim for their exceptional quality of architectural design, services and sustainable features. As Hang Lung’s business continues to grow, the Company is set to develop into the most admired mega national commercial property enterprise in the market. Founded in 1970, New World Development Company Limited (“New World Group”, Stock Code: 17.HK) was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A diversified holding company with a focus on property development, New World Group’s core business areas include property development, infrastructure and service, department stores and hotels. As at 31 December 2014, the total asset value of the Group amounted to HK$378.5 billion. The Link Real Estate Investment Trust, managed by The Link Management Limited, is the first real estate investment trust listed in Hong Kong, and currently Asia’s largest REIT and one of the world’s largest retail-focused REITs in terms of market capitalisation. Wholly-owned by private and institutional investors, The Link REIT is a constituent stock of the Hang Seng Index. With a portfolio focused on community shopping centres that serve the daily needs of the shoppers, we serve the community by creating vibrant and unique retail experiences that meet the needs of the people who live around our shopping centres. By doing so, we are able to provide an effective platform through which our tenants’ businesses can flourish, while enhancing value for unitholders of The Link REIT, and supporting our local economy. Founded in 1978, Centaline Property Agency Limited is the flagship of the Centaline Group today. Throughout the decades,Centaline has extended its service arm from residential sector to various sectors including commercial, industrial, retail and car-parking spaces. In recent years, the company has evolved to be a one-stop property services provider. Centaline Property Agency Limited refrains herself from real estate speculations, instead it dedicates to real estate agency. With its arguably comprehensive branch network and big sales team throughout the Great China Region and Singapore, the company works towards customer excellence and values her customers with upmost effort to increase the diversity of cluster customer. 30 | PURSUIT AUGUST 2015
  • 31. NON-PROFIT ORGANISATION GOVERNMENT Administrative Officers The Administrative Service is a cadre of multi-skilled professional administrators who play a key role in the Government of the Hong Kong Special Administrative Region. Members of the Administrative Service are posted around a wide variety of posts in bureaux and departments at regular intervals. On average, there will be a change of postings in every two to three years. Through regular postings, the officers receive wide exposure, acquire broad experience, develop multi-skills and enjoy variety in their career. Their breadth of experience, strong administration skills, versatility and quest for challenges make them important assets of the Government. Executive Officers Executive Officers are professional managers who specialise in resource and system management. Posted around different policy bureaux and government departments, they enjoy a wide variety of work and have the opportunity to work with people of different backgrounds. The main job functions of the Executive Officer Grade include human resource management, financial resource management, administration support, system/project planning and development, direct services to the public, support to boards and councils and event management. Established since 1984, the Mountbatten Institute is a not-for-profit organisation and an authorised government exchange provider in the UK and USA. We are listed in the UK Home Office Border Agency and US State Department websites as Official Sponsors. For more than 30 years now, our Internship Programmes have placed more than 5,000 young professionals in the world’s leading financial and investment centers in New York and London. Our offices are located in London, New York, Bangkok, Sydney and New Delhi. There is also the option of combining postgraduate studies (MA & MBA) with the internship. Founded in 1884, The Hong Kong Jockey Club is one of Asia’s oldest and most prestigious membership clubs. The Club has since achieved world-class standards of excellence in leading the development of the sport of horse racing and providing socially responsible betting services, while also significantly contributing to the betterment of society through donating the surplus from its operations to charitable and community projects. Always striving for world-class excellence, the Club shares the same can-do spirit and values as Hong Kong people, and is committed to exploring new ways of achieving a better future for all. In 2013/14, the Club’s donations reached a record HK$3.6 billion and supported no fewer than 168 projects; and over the years, its charitable contributions have touched the lives of 75 per cent of the population in Hong Kong. The Club also continues to make a difference by being Hong Kong’s single largest taxpayer. In 2013/14, its total tax and duty payments amounted to HK$19.58 billion, which contributes to Hong Kong’s ability to maintain a low tax regime. In addition, as one of Hong Kong’s largest employers, the Club enables over 24,800 full-time and part-time staff to contribute to the city’s economic development. Committed to global excellence and giving back to society, the Club is always “riding high together for a better future” with the people of Hong Kong. PURSUIT AUGUST 2015 | 31
  • 32. The opportunity of a lifetime Your future is shaped by your experiences. At PwC, we constantly support you in taking advantage of opportunities that will help you create a future that’s right for you. What’s a PwC future? It means you can grow and learn in multi-disciplinary teams to develop your skills and expand your knowledge database. You’ll work with experienced professionals and some of the world’s most recognisable companies and build lifelong relationships with them. Does this sound like what you’re looking for? Also interested to explore other opportunities for experienced hires in different locations? Please visit: Hong Kong: www.pwchk.com China: www.pwccn.com Singapore: www.pwc.com/sg Taiwan: www.pwc.com/tw © 2014 PricewaterhouseCoopers Limited. All rights reserved. PwC refers to the Hong Kong member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. HK-20141024-4-C1 www.pwchk.com A PwC future – what’s in it for you? Opportunities for you in Assurance Tax Advisory Internal Firm Services