Baruch’s Economics and Finance Department
Hosts Chinese Bankers
As the Chinese economy continues to sizzle, Chinese banks have discovered an urgent need for finance professionals trained in the nuances of Western-style commercial and investment banking. Enter Baruch’s Professor Kishore Tandon and his colleagues in Zicklin’s Department of Economics and Finance. This summer, they have been hosting a unique group of “students” from the China Construction Bank—the third largest bank in that large and populous country.
A group of 18 high-level executives, representing the CCB branches throughout China, have been attending classes six hours a day, four days a week, learning all about the intricacies of capital markets, asset-liability management, credit risk, and IPOs.
The specially-designed, four-week seminar is being team-taught by professors Tandon, Linda Allen, Christopher Hessel, Joseph Onochie, and several non-faculty lecturers recruited from such financial institutions as Citibank, Merrill Lynch, and the Federal Deposit Insurance Corporation (FDIC). One day a week has been reserved for site visits to the Bloomberg Corporation, the New York Board of Trade, and other proto-typical capitalist establishments. The program culminates in a special reception for all participants on Thursday, July 27 in the Subotnick Financial Services Center.
Each Chinese student will receive a certificate of completion along with a CD containing all teaching modules. Professor Tandon, who has organized similar finance programs for executives from India and Brazil, hopes the Zicklin School of Business will be hosting another group of Chinese visitors in the fall.