Young money

2018 Youth Fi­nan­cial Tal­ents com­pe­ti­tion held in Shang­hai

Global Times – Metro Shanghai - - FRONT PAGE -

Ex­actly 200 stu­dents from China and abroad at­tended the fourth an­nual 2018 Youth Fi­nan­cial Tal­ents com­pe­ti­tion Satur­day. Af­ter sev­eral rounds of per­sonal and group in­ter­views about their lead­er­ship tal­ents, crit­i­cal think­ing skills and com­mu­ni­ca­tion abil­i­ties, 50 stu­dents were short­listed for the fi­nal con­test, to be held on De­cem­ber 8 at Shang­hai Tele­vi­sion Sta­tion.

Jointly ini­ti­ated by the Shang­hai Fi­nan­cial Youth As­so­ci­a­tion, Shang­hai Fi­nan­cial Devel­op­ment Ser­vice Cen­ter, Shang­hai Stu­dents Af­fairs Cen­ter and Shang­hai Stu­dents’ Fed­er­a­tion, the com­pe­ti­tion was first launched in 2015 with the com­bined ef­forts of the lo­cal gov­ern­ment, en­ter­prises, uni­ver­si­ties and so­cial groups as a plat­form to select and nur­ture young tal­ented fi­nan­cial pro­fes­sion­als in China.

Un­der the guid­ance of the Shang­hai Fi­nan­cial Ser­vices Of­fice, Shang­hai Mu­nic­i­pal Ed­u­ca­tion Com­mis­sion and China Com­mu­nist Youth League Shang­hai Com­mit­tee, the com­pe­ti­tion has been held for the past three con­sec­u­tive years, at­tract­ing nearly 20,000 stu­dents an­nu­ally from top Chi­nese and for­eign uni­ver­si­ties who have an in­ten­tion to work in the fi­nan­cial sec­tor.

“Through this plat­form, which is open to fi­nan­cial tal­ents from across the world, we hope to build an in­for­ma­tion ex­change among stu­dents, en­ter­prises and uni­ver­si­ties, help­ing lo­cal stu­dents find jobs and serve the needs of lo­cal com­pa­nies,” said Chen Hu, vice chair­man of Shang­hai Fi­nan­cial Youth As­so­ci­a­tion, adding that in the past, lo­cal stu­dents and en­ter­prises did not have this sort of ef­fec­tive com­mu­ni­ca­tion plat­form.

“We are help­ing to bridge stu­dents and en­ter­prises in ad­vance, by let­ting stu­dents know what prac­ti­cal skills are needed in these en­ter­prises and sav­ing com­pa­nies the ex­tra ef­fort of hav­ing to train new re­cruits,” said Chen. Ac­cord­ing to Chen, the ul­ti­mate goal is to build the plat­form into a sys­tem­atic guide­line to select and nur­ture young fi­nan­cial tal­ents and answer the ques­tion of what kind of youth are needed in this era.

Fi­nan­cial knowl­edge

This year, the event grew in pop­u­lar­ity, at­tract­ing 17,358 stu­dents. Over 8,500 stu­dents from 51 uni­ver­si­ties in China, Ger­many, the UK and Aus­tralia took an on­line pre­lim­i­nary test that ex­am­ines their fi­nan­cial and pro­fes­sional knowl­edge.

Ex­actly 200 stu­dents were se­lected for the semi-fi­nals, where they were tested on their com­mu­ni­ca­tion skills, lead­er­ship po­ten­tial, log­i­cal think­ing, team­work abil­i­ties and other ca­pa­bil­i­ties via face-to-face in­ter­views with top fi­nan­cial pro­fes­sion­als.

In the end, 50 stu­dents qual­i­fied for the fi­nals, which fo­cuses on spe­cific fi­nan­cial cases in or­der to com­pre­hen­sively as­sess each par­tic­i­pant’s or­ga­ni­za­tional skills, learn­ing abil­i­ties, knowl­edge re­serves, log­i­cal spec­u­la­tion and other com­pre­hen­sive qual­i­ties re­quired in the fi­nan­cial in­dus­try.

Stu­dents who qualify for the fi­nals will have an op­por­tu­nity to pair up with experts and judges for one-onone train­ing and con­sul­ta­tions, and pos­si­ble some job op­por­tu­ni­ties.

“The stu­dents per­formed very well. I feel that their man­ners and eti­quette and in­sights into cur­rent af­fairs were very im­pres­sive,” said Tang Xiaol­ing, one of the judge of the com­pe­ti­tion and vice pres­i­dent of Jianzhi Ed­u­ca­tion Group, which also sup­ported the com­pe­ti­tion.

“Through the face-to-face in­ter­views, I can feel their solid un­der­stand­ing of fi­nance and their readi­ness to be en­gaged in China’s fast-de­vel­op­ing econ­omy,” Tang added.

Ca­reer devel­op­ment

Youth Fi­nan­cial Tal­ents as a brand has been en­joy­ing a grow­ing pres­ence on cam­puses both at home and abroad by hold­ing lec­tures, talks and on­line train­ing courses given by fi­nan­cial pro­fes­sion­als.

In or­der to fur­ther deepen the brand im­age of the Youth Fi­nan­cial Tal­ents on Chi­nese and for­eign cam­puses and fa­cil­i­tate com­mu­ni­ca­tions and ex­changes be­tween en­ter­prises and col­lege stu­dents, Youth Fi­nan­cial Tal­ents launched a se­ries of fi­nan­cial lec­tures on cam­puses to help stu­dents pave their way to­ward ca­reer devel­op­ment.

This year, a se­ries of fi­nan­cial lec­tures have been held in co­op­er­a­tion with sev­eral lo­cal uni­ver­si­ties in­clud­ing Tongji Uni­ver­sity, Shang­hai Nor­mal Uni­ver­sity and Shang­hai Lixin Uni­ver­sity of Ac­count­ing and Fi­nance, in­volv­ing nearly 1,000 out­stand­ing stu­dents who have a spe­cific goal to step into the fi­nan­cial in­dus­try.

Ac­cord­ing to Tang, such courses will go on­line in the near fu­ture, cov­er­ing an even wider range of stu­dents both in lo­cal col­leges and uni­ver­si­ties.

“As a group ded­i­cated to pro­vid­ing dig­i­tal learn­ing re­sources, we will upload our fi­nan­cial courses on­line, which is ex­pected to reach an ad­di­tional 500 col­leges and uni­ver­si­ties, so that more stu­dents can have ac­cess to our high-qual­ity teach­ing re­sources,” said Tang.

Group photo of the 2017 Youth Fi­nan­cial Tal­ents com­pe­ti­tion

Pho­tos: Cour­tesy of the Youth Fi­nan­cial Tal­ents

Left and above: Judges in a group in­ter­view at 2018 Youth Fi­nan­cial Tal­ents com­pe­ti­tion

Chen Hu, vice chair­man of Shang­hai Fi­nan­cial Youth As­so­ci­a­tion

Tang Xiaol­ing, vice pres­i­dent of Jianzhi Ed­u­ca­tion Group

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