Internship

July 7, 2016
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Internship and Practicum

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This programme reflects the on-going effort to enhance the working experiences of RMSC students, through summer internships or other internship opportunities.

The practicum course RMSC4202 has been set up to achieve this goal, providing a bridge between the classroom and the real business world. Students are required to complete a group project assigned by a company on a part-time basis. Their final project presentations and submitted written reports will be assessed by their supervisors to measure their performance.

Over the past several years the programme has successfully offered students summer internship in banks, insurance companies and public organisations. The internship partners include:

  • Airport Authority
  • AON Hong Kong Limited
  • AXA
  • Bank of China
  • BNP Paribas
  • CASH Algo
  • Citibank 
  • Credit Suisse
  • DBS Bank
  • EFG Bank
  • Ernst & Young
  • HKEx
  • Gottex Penjing
  • Standard Chartered Bank
  • Hang Seng Bank
  • HSBC
  • Societe Generale
  • Parexel International

 

Student Internship Experiences

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Angela Tong – EFG bank and Standard Chartered Bank

I participated in two internships in the summer of 2015. First, I served as an intern at EFG Bank AG in the Investment Product Unit. My job responsibilities included (I) Preparing comprehensive Structured Product Brochures; (II) Working on the automation project for Key Fact Statements generation; (III) In-depth risk analysis of investment products on the Swiss Derivative Map. Every step involved illustrating the product features and payoff scenario analysis, along with key risks disclosure to investors to minimise mismatches. It was a fruitful and enjoyable experience, and I gained a comprehensive understanding of private banking and structured products, thanks to the support and guidance of my colleagues.

My second summer intern is at equity derivatives – the structured team of the Standard Chartered Bank. Thanks to the programme my work with funds and indices progresses smoothly. The risk management science curriculum laid a strong foundation, and will enable us to face challenges in our future careers, due to the diverse courses it includes. It covers both practical theories and technical skills, and will be an excellent choice if you seek a quantitative background.

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Paco Wong Aon Services Hong Kong Limited

Aon Services Hong Kong Limited is a provider of risk management, insurance and reinsurance brokerage services. Working under the benchmarking team, my main responsibilities were to conduct data analyses in various ad hoc projects and prepare benchmarking reports for clients upon request. Benchmarking reports compare clients’ benefits with the market prevalence, and our company provides client consultations based on the results. I gained a lot from this internship opportunity, and never could have learnt as much in school.

Through the internship programme, I gained a deeper understanding of benefit insurance brokerage and consulting services. My supervisor taught me much about the projects and the industry, in addition to assigning projects to me. Under his supervision and advice my programming and statistical skills were enhanced when dealing with the huge amount of data in the projects and benchmarking reports. Putting the knowledge and skills that I acquired from my coursework into real practice gave me great satisfaction.

Last, I would like to express my great gratitude to my supervisor for patiently teaching me so much, and I appreciate how the Department of Statistics at CUHK always encouraged us to extend our learning outside lectures. The internship opportunity provided me with an invaluable experience of working in a real business environment. It helped me to be better equipped for my future career.

intern-4 Lily TANG (year 3 in RMSC) Research Assistant at School of Economics and Finance, La Trobe University, Australia Summer 2011
My experience of research was extremely useful to me when considering whether to continue my studies, or to work in the finance industry after graduation. The wide scope of the research assistantship broadened my horizons and helped improve my language skills.