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Annual Journal, Management Students’ Association, HKUSTSU, Session 2013-2014



How does a private Banker Define Success? INTERVIEW WITH MR. KEVIN KING




Words from Editor-in-Chief Dear Readers, I proudly present to you the Annual Journal 2013-2014. As a novice in publication and editing software, it wasn’t an easy job producing a 50-page journal. Having that said, I still enjoyed the production process a lot. By gathering inspirations from professional magazines and editorial books, I managed to create different designs for the Journal, especially for the featured articles. After numerous sleepless nights, I am proud to say that the Annual Journal is finally completed. I would like to thank MSA for giving me the opportunity to explore my potentials in this area. If I hadn’t become the Publication Secretary, I wouldn’t get in touch with Indesign or Photohop, and discover my interests and potential in such software. Also, I would like to take this opportunity to thank my Executive Committee members for offering me a hand when I needed help. Without their support, I could not have persisted to complete the publication. Hope you would enjoy this issue and I wish you all a fruitful year ahead.

CHIU Wan Kei, Charlotte

About MSA Management Students’ Association, Hong Kong University of Science and Technology Students’ Union (MSA) is a non-profit making students’ association founded in 1992 under the Constitution of MSA. Since its establishment, MSA has been striving to become a caring and professional business student-run association that is able to unite its members with perfectionism.

Internal Secretary Publication Secretary Management Students’ Association HKUSTSU, Session 2013-2014 “Manage with vision, Pass on our passion”

With its primary aim to promote the study of management, MSA also serves as a bridge to foster closer relationship between staff and students, to enhance sense of unity and to promote welfare among members. At the same time, MSA endeavours to cultivate a good relationship with other clubs and societies both within and out of the university in academic, social and cultural aspects.


Managemnet Students’ Association, HKUSTSU


Words from Chairperson

Words from Department of Management

Dear Readers,

Dear Readers,

The publication of the Annual Journal symbolizes the coming of another year of Management Students’ Association (MSA). Last year, functions like Orientation camp, Management Festival and Mentoring Programme have been held successfully. As the chairperson of MSA, I would like to extend my most sincere gratitude to all parties for your support: Department of Management, honorable guests, over 500 members and other parties. ‘Manage with vision, Pass on our passion’ is the slogan this year. The motto of Management Students’ Association, ‘Warm and Caring’ and the 22-year remarkable history have always been the passion to serve our members. As the Executive Committee, we are delighted to see that participants have earned business exposure and built up their network.Coming to the end of the term of our services, as the chairperson this year, I wish the next cabinet can keep its spirit and serves members whole-heartedly with MSA objectives. Once again, I would like to thank all who contributed to the Association this year. Your participation and comments are always the motivation for us to do the best. May I take this opportunity to wish you all a fruitful year.

Happy New Year!

LAM Hiu Ling, Rossana

The arrival of the New Year refreshes us with brand new hopes and aspirations. On behalf of the Department of Management, I wish you all a fulfilling and enjoyable year ahead. And, I believe your MSA will continue to listen to you and to strive for the best.

Chairperson Management Students’ Association, HKUSTSU, Session 2013-2014

I would like to take this opportunity to congratulate MSA 2013-2014 Executive Committee on the wonderful job that they have done! During the past year, they successfully organized a variety of events such as the Management Festival, Joint-U Case Competition, company visits, Mentoring Programme, and so forth. Through my interactions with the committee members, I can truly feel that MSA is an organization by the students and for the students. They have selflessly dedicated tremendous amount of time and energy to create precious opportunities that can help the MSA members to develop themselves. Our faculty members all feel very proud to work with such a group of energetic, creative, and entrepreneurial students. Also, I want to thank the MSA for helping the Department to reach out to our students. Without their generous help, it would be impossible to image how the Department could have so many close interactions with our students. I am sure our relationship with MSA will be further strengthened in the future.

Cheers, “Manage with vision, Pass on our passion” Jinyu He Associate Professor Department of Management


Annual Journal 2013-2014

Managemnet Students’ Association, HKUSTSU


Executive Committee, Management Students’ Association, HKUSTSU, Session 2013-2014


YUNG Tsz Wing, Vivian Internal Vice-Chairperson

CHIU Wan Kei, Charlotte Internal Secretary Publication Secretary

LAM Hiu Ling, Rossana Chairperson

SIN Ho Man, Regan External Secretary

LIU Pit Hong, Kenneth

External Vice-Chairperson

KI Chung Hin, Leon Finanaial Secretary









How Does A Private Banker Define Success? Interview with Mr. Kevin King

Setting Up Your Own Business Interview with Mr. Tom Lip

Balancing Life And Work Interview with Mr. Ellis Charles

Welfare Secretary Marketing Officer

YANG Ning Shu, Nancy Promotion Secretary



LO Ting Ka, Karen


CHAN Chui Ki, Kiki Academic Secretary Promotion Scretary

YEUNG Man Chun, John

Information Technology Secretary

LEUNG Pui Shan, Eva Marketing Officer Public Relations Officer

KU Chung Him, Jason Sports Captain

Business Hong Kong’s Worlds Top Travel Destination Foxconn is Quietly Working with Google on Robotics

Grooming 20 Suit Tips Every Guy Should Know Make Up Dos and Don’ts For Girls

Health and Lifestyle Does Rinsing Fruit Make A Difference? How To Improve and Increase Your Sleep?







Advisory Board

Acknowledgement Name



Mr. Alex Tang

Diretor of External Affairs

Centaline Property Agency Limited

Ms. Anita Law

Senior HR Manager - Tax Services

PricewaterhouseCoopers Ltd

Mr. Bernard Hui

Financial planning unit manager

American International Assurance Company Limited

Mr. Brian Soong

Assistant Business Development Manager


Mr. Bunco Wong

Senior Unit Manager

Sun Life Hong Kong Limited

Mr. Cho Tsz Wai

Assistant Unit Manager (Financial Consultant)

American International Assurance Company Limited

Mr. Dennis Lee

Head of IT Risk and Control, Asia

Nomura International (Hong Kong) Limited

Mr. Derek Lai

National Leader in Reorganization Services


Mr. Dick Ng

Training Manager

ImagineX School

Mr. Dickson Wong


Dickson Wong CPA Co Ltd

Mr. Edwin Mok

Executive Director

GNEC Investment Management Limited

Ms. Eleanor Wan


Institute of Financial Planners of Hong Kong

Mr. Emil W. S. Wong

Senior Unit Manager

American International Assurance Company Limited

Department of Management Hong Kong University Science and Technology

Mr. Gavin Lam


Chan, Lam & Co

Dr. Gregg Li


Academy of Management Consultancy

Prof. Jinyu He Management Students’ Association Liaison

Mr. Henry Leung

Associate Director, Consultancy Division


Ms. Kitty Fung

Branch Manager

Sun Life Hong Kong Limited

Mr. Louis Leung


Wing On CPA & Associates

Ms. Margaret Chan

Executive Officer (UG and PG Programmes)

Department of Management, HKUST

Ms. Margaret Tsang

Unit Manager


Mr. Philip Kung

Head, Business & Professional Services


Dr. Stephen Ng


The Institute of Purchasing and Supply of Hong Kong

Mr. Thomas CH Wong


CPA (Australia)

Mr. Vic Lam

Senior District Manager

American International Assurance Company Limited

Mr. Wilson C Kwok


Wilson C Kwok Professional Services Group

Mr. Zuriel Fu

Associate Director


MR. Ellis Charles Partner Enterprise Risk Service Department Deloitte MR. Kevin King Director Sales Team LEader Citi Private Banking Mr. Tom Lip CEO Beauty Exchange HK MENSCLUB HK The Wall Street Journal


Managemnet Students’ Association, HKUSTSU


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Annual Journal 2013-2014

Managemnet Students’ Association, HKUSTSU



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Fuctions Review

Functions Review

Fuctions Review

Functions Review The 22nd Inauguration Ceremony 9th April 2013 has been a very special day for BRIO, The Nominated Cabinet of Management Students’ Association, HKUSTSU, Session 2013-2014. It is the day of the 22nd Inauguration Ceremony, which officially marks the commencement of our session. The theme was “Surmount Encumbrance, Surpass Excellence”, which signified our cabinet’s conviction to overcome obstacles and our ambition to work towards perfection. The ceremony was held at Lam Woo Lecture Theatre (LT-B), where honourable guest speakers, prestigious guests, student societies representatives from all universities in Hong Kong were invited to witness the memorable event. The newly elected Executive Committee of MSA, HKUSTSU, Session 2013-2014 was officially announced after the handover of the society seal from Mr. So Hon Yin, Fred, Chairperson of MSA, HKUSTSU, Session 2012-2013 to Ms. Lam Hiu Ling, Rossana, Chairperson of MSA, HKUSTSU, Session 2013-2014, followed by the oath taking by the newly elected Executive Committee members, promising to devote themselves fully to serve members and staff in the coming year.

Managemnet Students’ Association, HKUSTSU


Fuctions Review

Functions Review

Fuctions Review

Functions Review

Old Book Sale The Old Book Sale was held twice a year, at the beginning of Fall and Spring semesters. The Old Book Sale acts as a platform for members to sell unwanted old book as well as buy desired textbooks in good condition. The prices of books were determined by the sellers and MSA solely provides the platform for transactions.

Orientation Week The Orientation Week lasted for three weeks in September 2013 when Fall semester commenced. New members of the Association were recruited during these weeks. They were given new society files, papers and also t-shirts to prepare them for the new semester. Upcoming functions were also promoted so that new members could reserve their places for the events. The new issue of the Newsletter was also distributed to members to recap functions held in the past year and also to preview upcoming functions as well.

Orientation Night

Orientation Camp

The Orientation Night was held on 30th September 2013. It aims to reunite participants of the Orientation Camp and also to allow new members to gather and meet new friends. As the first event of the Fall Semester, we also hope that members could grow a sense of belonging to the Association and develop a strong bond among them. This year, we had pizzas from Pisano’s Pizzeria with light snacks and drinks. We played games and Bingo with prizes after dinner to welcome new members to the warm family of MSA.

The Orientation Camp 2013 was arranged from 18th August 2013 to 20th August 2013. Although the Orientation Day was called off abruptly due to typhoon Utor, participants seemed to mingle well during the camp. The theme this year was “Viva La Vida” which meant ”live the life” in Spanish. It symbolizes our hope that participants could enjoy their time wholeheartedly and get to know other students of the business programme before the start of the semester. Highlighted activities of the camp include ice-breaking games, on-campus detective game, campfire dance, inter-society competition, off-campus checkpoints, water battle and marks gambling.

Outreach Day The Outreach day is an information day in Mid- October for prospective students of HKDSE who are interested in studying BBA in HKUST . We would set up a counter in a classroom of the LSK Business Building to promote and explain the curriculum of taking management as a major. We would coordinate with the School of Business and Management (SBM) to hold this event.


Annual Journal 2013-2014

Managemnet Students’ Association, HKUSTSU


Fuctions Review

Functions Review

Management Festival The Management Festival is an annual event of our Association. It aims to promote our department and also our society to other students in the University. We hope that participants can better equip themselves and have a glimpse of the business world through our series of workshops. It also aims to help develop closer relationship among our members and also our schoolmates through organising some events together. This year, the theme of Management Festival 2013 is ‘Aurora’, which means dawn in Spanish. We chose this as our theme this year as we hope to be peer mentors for our members in their university lives. We also hope this festival and its workshops can help our participants in their first steps in joining the society in the future. The Management Festival comprises of the Opening Ceremony, One-day Internship, CV Writing Workshop and Society Gathering. Opening Ceremony The Opening Ceremony marks the start of a series of practical and remarkable learning opportunities for MSA members. It also aims at promoting MSA to all people of HKUST. It marks the beginning of the upcoming Workshop Series and the Society Gathering. The sub-committee will support the preparation of the ceremony, thus the bonding between sub-committee can be consolidated. The ceremony consisted of an opening speech from Professor Jinyu He, speech from the chairperson of MSA, a ribbon-cutting section, performances, toasting and refreshments. It also aims at introducing the content of the upcoming functions of the Workshop Series. It serves as a part of promotion of the Management Festival.

Workshops This year we organized three workshops, namely the One-day Internship Programme, CV Writing Workshop and the Ettiquette Workshop. The workshops aims at providing an opportunity for participants to understand what are needed in the business industry, also hoping that they will be able to have a clearer picture of their career prospects. The One-day Internship Programme was held at the training centre of David Lai & Co. His company provides professional financial advising services. We hope that participants would develop a clear understanding of the role of a financial planner and the hardships of an entrepreneur. The CV Writing Workshop offers effective coaching on writing an impressive CV that appeals to employers. It aims to help participants enhance their professional profile. The speaker this year was Ivan Yong, founder of Teleos Global Limited, exclusive partner of Saville Consulting, an international psychometric assessment company from the United Kingdom. The Ettiquette Workshop was held by Mr Evan Chiu from Metropark Hotel Wanchai Hong Kong, it aims to teach participants proper manners and dining ettiquette. Society Gathering Society Gathering is an event organized by the sub-committee of Maganement Festival, which aims to provide a chance for members to meet each other and enjoy a relaxing evening. It was the last event of the Fall Sesmter 2013. The theme this year was “Pajamas Night”. The dress code for the night was pajamas. Drinks were provided and we played games together to enjoy ourselves before final exams.


Annual Journal 2013-2014

Executive Committe with MF Sub-Committee after Opening Ceremony

Society Gathering Managemnet Students’ Association, HKUSTSU


Fuctions Review

Functions Review

Mentoring Programme The Mentoring Programme provides a valuable opportunity for our members to meet elites from diverse business fields. It acts as a platform for participants to connect with and learn from business professionals. Mentees can benefit from the interaction between mentors and them, like seeking advice and receiving guidance from mentors in their career aspects, or even gaining insights and inspiration from our devoted mentors’ sharing. This year, the theme of the Mentoring Programme is ‘Manus to Armus’. Meaning ‘Hand to Shoulder’ in Latin, the theme symbolises the harmonious and in-depth interaction between the mentor and the mentee. We hope that every mentor-mentee relationship in the MSA Mentoring Programme will be close and thought-provoking, where valuable insight and inspiration will be shared. We wish for all mentees of the programme to achieve what they desire in the corporate world, under the guidance of our dedicated mentors. Workshops This year we organized Firm Visits, Wine Tasting Work

shop and Fund Investment Workshop. We organizedfirm visits to Deloitte and Ernst & Young. The visits operations of accounting firms, as well as their knowledge of the accounting field. It also give a glimpse of how large and established companies operate on a daily basis. The Wine Tasting teaches participants how to deferentiate different wines and also the proper ways to drink and taste wine. The Fund Investment Workshop aims at enhancing participants understanding of the operation of different types of financial firms, as well as their knowledge of the global financial market. Advice on investment were also given. The Mentoring Dinner Mentors and mentees officially met at the Mentoring Dinner, which was held on 14th November 2013, at Regal HongKong Hotel Causewaybay. Participants dressed up formally. The high table dinner commenced after the Executive Committee toasted. On the night, there were speechers from guest speakers and the Department of Management, HKUST. There was also lucky draw toward the end of the dinner. Mentor to mentee ratio is kept 1:1 to 1:2 to ensure that each mentee could interact with the mentor.

Executive Committee with Sub-committee members

Joint-University Business Management Challenge Joint-University Business Management Challenge (JUBMC), co-founded by MSA, is a business case competition held by universities in Hong Kong. It allows participants to apply both analytical and problem-solving skills together with their knowledge from different perspectives to come up with practical solutions for challenging business problems. Since its inception 5 years ago, JUBMC has been successfully significant in training students’ business skills and preparing them to be future leaders and enhancing their competitiveness in the business world. The theme of this year is ‘Brave the billows’, while the slogan is ‘Contemplate the voyage with vision, confront the tossing of sea’. Doing business is equivalent to starting a cruise. A well-managed team would be the ideal crew to the captain, with a view to making the voyage successful. During the journey, billows and thunders are inevitable. Knowledge, experience as well as united teammates are the only recipe if we are to brave the wind and billows where bright future is ahead of them.


Annual Journal 2013-2014

This year, we are honoured to have JUBMC in conjunction with Beacon College as the Title Sponsor; Metro Broadcast Corporation Limited as the Media Sponsor; Hyatt Regency Hong Kong, Sha Tin, BANNERSHOP and E-Print as the Premium Sponsors; Harvest Financial Service Limited as the Internship Sponsor. Hong Kong People Management Association (HKPMA) also showed great support as the Academic Advisor. Thanks to the contribution of 11 co-organizing student societies and supporting parties from all 9 universities, we have made a break-through by recruiting over 1100 participants with over 220 teams to engage in this challenge this year. Feedbacks from JUBMC participants are positive, as this challenging yet meaningful case competition calls for participant’s creativity and hence inspires audience with ample innovative ideas. Top 16 teams were selected by HKPMA for further stages of challenge, the semi-final round of JUBMC, which is the 2nd Round Case Interview, held on 23rd November.

Managemnet Students’ Association, HKUSTSU


Fuctions Review

Functions Review Honorary Membership Honorary members are past executive members that have already graduated. Each year, current members will nominate new honorary members. The list would then be reviewed and approved by the Executive Committee of the current session. The Honorary Members’ Gathering was held on 11th January 2014 this year. It aims to gather honorary members from past years and allow them to meet the nominated cabinet for the next session.

Advisory Board

The Final Presentation Day and Closing Ceremony, which is always the highlight of JUBMC, was successfully held on 1st December. The five final teams utilized presentation skills learned from prior workshops and tried their best to shed light on the case problem from different perspectives. Their thorough knowledge over the case and in-depth analysis were impressive to the audience. They have also tailor-made a video to convey their ideas to the public online.

Under rigorous closed-door discussion of the judge panel, the list of winning teams was unveiled: Champion: Dream Crafter, CUHK First Runner-Up: M.O.V.E, HKU Second Runner-Up: Xcalibur, CUHK Congratulations to the winning teams! All teams’ efforts and participation are highly appreciated. We encourage all participants to continue their voyage in pursuit of their glorious career.

Advisors are valuable consultants and supporters of our functions and also to our Association. The Advisory Board consists of business leaders who are active and willing to participate in our functions and grant guidance and assistance to us. Throughout the year, the Executive Committee gathers with the advisors to keep close relationships with them. The success of all our functions undoubtedly attributed to the unconditional support from our advisors.

Faculty Gathering The Faculty Gathering was an gathering between faculty members of Department of Management and all students who are interested in majoring Management. This year, it was held in early March at the Uni Bar. Snacks and drinks were served, and students could meet professors from the Department and interact with other students or members as well. We hope that through casual chatting, the relationship between students and the Department could be fostered.

Welfare Express The Welfare Express of MSA aims to provide welfare products and services to our members. This is a privilege of our members. Each year, we would design a welfare product for our members. Last year, it was a burgundy coloured laptop holder with the MSA logo. The Welfare Express also provides free gift packs, shopping premiums to our members.

Intramural Sports Competitions

The case competition would not have been a great success without the support of the following honourable judging panel of the Final Presentation Day: Mr. Richard Eng, Founder of Beacon College Ms. Pauline Chung, President of HKPMA Mr. Micky Lo, Head of Information Risk Management APAC, BNY Mellon Mr. Steven Tsoi, Senior Executive Producer of Metro Broadcast Corporation Limited Mr. Chris Li, Associate Director of Harvest Financial Services Limited


Annual Journal 2013-2014

The Intramural Sports Competition is a marathon of sports competitions that we have participated in starting from September 2013, including Aquatic Meet, Athletics Meet, Badminton Competitions, Basketball Competitions, Campus Run and Football Competitions. These competitions are held to facilitate whole-person development of members, particularly in the field of sports, and also to enhance the sense of belonging among members. Members can also showcase their potentials via this platform. The role of spectators cannot be underestimated, as support from members is very important to sportsmen. We encourage everyone to participate in such events enthusiastically. Below are the results we acheived for the past year. Badminton 0:3 (CBME) 0:3 (MKSS) 0:3 (ECESS)

Basketball 25:35 (BIO) 40:41 (BICH) 22:46 (ECESS)

Football 2:2 (ECON) 1:1 (CHEM) 5:0 (CBME)

Managemnet Students’ Association, HKUSTSU


Guest Interviews

BALANCING LIFE AND WORK Interview with Mr. Ellis Charles Partner, Enterprise Risk Service Department, Deloitte

son has his downsides and upsides. You cannot expect a person has his downsides and upsides. You cannot expect a person to have high performance throughout the whole year. The company would try to help out staff who have low work performance and see what they need. The company helped me train my Putonghua. As I didn’t know any Putonghua when I came back, I requested I needed extra attention other than just attending classes like everyone else. I requested one to one sessions. And they really did arrange private sessions for me, which suited my schedule and needs. I really appreciate that. I also like how the company is very dynamic. I prefer a more alive atmosphere than just the same paper work every day. What is ERS?

Guest Interviews

How did you decide to come to Deloitte and became a partner? I was studying Accounting and Finance. I haven’t thought about career at that time. I just know I don’t like to study absolute answers like Science subjects. I prefer things with open-ended answers, without definite right or wrong answers. My brother is an accountant. And he used to work in Deloitte so I asked him about work at the company. Perhaps I’m more or less influenced and affected by him. I like the atmosphere in Deloitte. People are fun, nice and energetic. I went on a boat trip once with them, and they remembered me. But I was nobody special at that time, I could feel the friendliness of them. As you know, I came back from overseas, and there weren’t many recruitment talks from companies. I guess what made me choose Deloitte is that I really like the people there. During their interview, they try to get to know your personality instead of just focusing solely on your resume. I felt like they wanted to know me. I joined audit at first. It was challenging, time-wise. But the atmosphere was friendly and colleagues were caring. You can feel it through simple things like getting medicine for you when you feel sick. Back then, when I just joined the company, seniors like the partners would have lunch with us. I thought it was amazing how they would share their thoughts with us and how they would mingle with us. The working environment allowed me to get to know more people and make more friends. Another thing that I appreciate the company is that they train us gradually. I started off with smaller business and companies, SMEs. Through the clients that I got in touch with, I realized that each one has their own story and experience. Then I decided that I wanted to know the business and I joined the risk department. The companyactually emphasizes on the performance of staff. Each per

ERS is Enterprise Risk Services. Everything comes with risk. So we basically provide business advice. We plan or predict potential risks. Either we try to avoid them, or when there is bad news, there are ways to recover. As you know, Japan has relatively frequent tsunamis. The Japanese are trained to face such situations. In the contrary, Philippines did not know how to react accordingly. You could see the difference between being prepared and not prepared. So how should you manage your business? Another analogy is how a ship can withstand waves and storm. You need the infrastructure, process and technology. And ERS tells a company what the potential risks are and what they can do to avoid them, or what they can do when facing such situations. But of course, it is impossible to eliminate all risks. There are basically two kinds of risks. They are business risks and technology risks. Technology risks include social media risks, data security and system security. You wouldn’t think of these risks ten years ago. No one knew what crimes people could commit using technology. Some companies have process controls. So in such cases, what we do is to see if people there are working effectively, and also check if there are any loopholes. Sometime it takes only one traitor to bring down the whole business. We are like “corporate doctors” In short, we provide advice and recommendations so that businesses can run smoothly. Apart from statistics and numbers, the three main focuses are people, technology and process. And what does your work includes as a partner? There are mainly two jobs. First, we have to reach our financial target. Second, which is more important, is to find talents and develop potentials. As a partner, we have to be a role model. And transfer our experience to our team and coach potential leaders. High turnover staff rate may not be

Managemnet Students’ Association, HKUSTSU


Guest Interviews a good thing. And one thing special about Deloitte is staff retention. We develop and coach our teams that customers and clients could differentiate and identify Deloitte workers. It wouldn’t be a good thing if the staff crew chances every single year.

wishes. You have to open up to them, and be honest with them. Give them valid reasons why those can’t be done. When you are facing challenges, get people involved will make things easier.

Who suit such position?

Integrity. If you talk without actions, the relationship bank that I have mentioned, could slowly break down. You have to do things right, and you have keep your promises. Self-reputation is very important if you don’t fulfil the promises that you made, people, clients and bosses would lose faith in you. And a bad self-reputation is the last thing you would want in the business world. Not only in doing business, as a person, as a boyfriend, a husband, a father, integrity is very important. If you smoke, but tell you child not to, and punish them severely if they do, it is no fair. You have to be a role model.

Well, there are some basics. I always do interviews and meet clients. They need adequate interpersonal skills, writing skills and analytical skills as they have to provide recommendations. But the key is teamwork. You should never think that you could work alone. You couldn’t reject interns, trainees. We emphasize on teamwork and team spirit. In fact, interpersonal skills with strong networking skills are very important. I like people who are not afraid to speak up. It is very important during brainstorming. You shouldn’t be afraid to speak what is on your mind and throw out different ideas. Most partners that I have met are very sociable. Only a very small minority who focuses only on technical work is not as sociable. As an individual what are the challenges, or what qualities should one bear? One should be adaptive. Work is so different each month. You have to learn to find solutions to problems that you face. And as there is so much teamwork. You cannot expect to work with just the same people. Also, it is important how one manages stress. Would you hide from the problem, or would you confront and face the issue. Everyone has his downsides but that is where you learn the most, through challenges. You cannot be spoon fed with everything. Another thing is that I think one should widen he range of interests and hobbies. And discover them when you are still young. It is hard to learn golf when you are 50 year old. Last but not least is how you can make yourself known to someone and how big is your relationship bank. You should try to accumulate as much relationship as you could. It is not exactly a quantitative issue, you won’t count the number of names you got to know. But is your network broad enough. How do you cope with pressure and stress? When I look back, things actually seemed easier said than what actually happened back then. I consult. Never keep problems to yourself. Sometimes, the problems you are facing might affect other people as well. You also need patience and slow down. When you are angry or stressful, some problems may be magnified and you may make wrong decisions. What I do is I try to be more positive and optimistic. When I needed it, I take a walk around Pacific Place and give myself time and space to think and slow down. Everyone is facing time pressure, so if you really can’t achieve all your clients’



Annual Journal 2013-2014

Interview with Mr. Kevin King, Director, Banker Team Leader, Citi Private Bank

Guest Interviews

Text by John

What are the qualities one should have to succeed?

How to prioritize private life and work? Honestly, my personal challenge is to balance private life and work. Some people refuse to have children after marriage. But I think you will feel the joy seeing your loved ones grow. And you would prefer to have children when you grow old. I prioritize my family by leaving at 7 sharp every day. I’ll arrive home and have dinner with my family. I have to because my daughter sleeps at 9. And I get back to my work after my daughter is asleep, if necessary. I actually appreciate my wife a lot, for staying at home and taking care of my child. It is a lot of responsibility and pressure. Never underestimate that. And I make sure I stay at home on Saturdays for my family. I used to insist watching movies with my wife on Friday nights. Because there’s no work on Saturday and I can truly relax myself. If we watch on Wednesdays, my mind would be filled with work and I couldn’t concentrate on the movies. How would you comment on post 90’s? I don’t like to discriminate or stereotype this group. Technology is very different now, compared to 10 years ago. People used to be very obedient and would not talk back at parents or elder people. Right now, people say that the post 90’s are very demanding and ask for a lot of material things. Somehow, to some extent their actions are justified in a sense that they face a lot of challenges nowadays. There weren’t as many university students back then. And there weren’t as many things available to us back then. There weren’t things we could ask for. I went to an international school some time ago. They showed me that education now, is at palm. In the past we learn by going to school. Teachers and textbooks are our source of knowledge. But now, you can have access to everything on your iPad. I actually think people symbolize the evolution of that decade. There could be post 20’s etc. It is never ending.

Mr. King was a HKUST graduate with First Class Honor, who majored in Accounting and Finance. He was also a Chairperson of MSA. He is now the sales team director of Citi Private Banking. Which University did you graduate from? After graduating from university, what was your ideal career and what was your actual job? Could you share your career path with us?

to China related business (Mainland Promotion). In short, I was responsible for promoting Hong Kong’s to the Mainland and attracting the Mainland to trade with Hong Kong. And HKTDC had given me a very good training.

I graduated from HKUST in late 2002. I went to the exchange programme and so I graduated in winter. I majored in Accounting and Finance, with 130 credits. Going to exchange was like representing Hong Kong. Hence, learning others’ culture is a more prior goal than studying.

HKTDC hired more than 1000 employees and had more 40 offices around the world to promote trade with Hong Kong. In Hong Kong alone, there were already a few hundreds of employees. I was assigned to different departments every few months. It was like changing a job every few months. Every few months I would have a new job, new co-workers, a new boss and a new way of working. I had organized the Chinese Medicine & Health Products Exhibition and Conference, Food Expo, Toy Expo, etc. during my years in HKTDC.

I started working in January 2003. It is hard to find a job during winter. Only two out of “Big Five” were willing to employ fresh graduates in winter. They were Deloitte and Andersen. I was employed by Andersen and was the last batch of employees that was hired in Hong Kong. The next day after I had signed the contract, I woke up and saw the news that Andersen closed down. Luckily, PWC bought Anderson and hence I went to work at PWC instead. Yet, I just worked there for just 15 days. I resigned from PWC because I think I was not suitable in working as an aditor. And soon, I received a new offer from the Hong Kong Trade Development Council as an Executive Trainee. My main duty is to travel to different places around the world to promote Hong Kong and its trade. HKTDC is a Statutory Body, similar to HKMA. It is responsible for taking care of its own profit and loss. Although it is not part of the HKSAR government, the management were all once A.O. The Executive Trainee Programme lasted for 3 years. I was assigned

Later, I was transferred to the Mainland Promotion team. I was responsible to bring the Hong Kong businessmen, high-ranking officials like Donald Tsang, political leaders, etc., back to mainland and help them to prepare missions and make contact with the different Chinese provincial and make contact with the different Chinese provincial leaders. We always received special welcome and hospitality from the local government. In the years in HKTDC, I was like a sponge. I kept absorbing as much as I could. I made lots of friends in those few years, which provided me a good background. Including the 3-year-programme, I worked in HKTDC for almost 5 years (from 2003 Feb to 2007 June). I got several promotions but

Managemnet Students’ Association, HKUSTSU


Guest Interviews I still chose to leave. I asked myself: Do I really want to take this as a lifelong career when I was approaching my 30s; was it the real career that I wanted to do? Some investment banks spotted me and wanted to lure me over. Therefore in 2007 I joined UBS. From 2003 to 2007, it was the best years for the banking industry. UBS was one of the banks that benefited from the boom. It hired a lot of new and inexperienced employees. In 2006, UBS launched a new programme which was the Global Associate Programme. The programme will train those associates to become the future managers of UBS. The programme wanted talents with 4-5 years of working experience from different industries and are willing to devote in the banking industry. Actually in 2007, HKTDC wanted to grant me as a representative of Hong Kong in Beijing or Shanghai, but I wanted to try something new and think UBS suited me. So I joined the Global Associate programme and started to become a Wealth Management trainee again in 2007. Being an associate in UBS, I was sent to Switzerland to learn the oldest of banking history and its development. Then, I was sent to Singapore for a few months of lessons in wealth management skills, product knowledge, management skills set, knowledge in running and looking after a business, etc. Each month I was sent to different departments to learn their operations. We follow the successful bankers to learn to communicate with our clients and how to find business for the company to earn profit. All these great learning experience was all brought to me within a year. However, UBS took this programme very seriously. In Singapore, there was an examination every week. If one failed twice, then he will need to resign immediately. The three months in Singapore was like a concentrated MBA programme. The graduates from the programme all had prospered future. Those stayed in UBS were promoted to mid-level management, and others were also doing well. I graduated in mid- 2008 and I left UBS in late 2008. The reason I left was because UBS wanted me to stay at the Hong Kong market. However, I wanted to focus on the market in China as the Hong Kong market was already saturated. At that time, there was another bank, Sarasin, a Switzerland local bank, which favored me and brought my contract from UBS. Sarasin was just starting to set up in China and the set up at that time was not big. Since then, I became a pri vate banker that worked in China. Once I joined Sarasin, the 2008 financial crisis came to hit us all. In November 2008, it was the toughest moments through out the 2008 financial crisis. I can hardly go to sleep, there were huge pressure for


Annual Journal 2013-2014

Guest Interviews me to find clients, the working atmosphere of the office was harsh, there were people being fired and left everyday. When the US government started its financial industry rescue. It became my career’s turning point. The faith and confidence of the clients started to revive. In the late 2009, as an associate director, I complete the goal by 14 times higher than the target. My boss was so surprised that I can achieve this result under the financial crisis circumstances. I was then promoted as a director (which is equivalent to a vice-president in other banks). In the next year, my target was 30% higher from my old-achieved result and I still made 3 times more. I broke the record again. Therefore, in 2010, I was promoted again. On average, I got promoted every 9 months. Finally I came here to Citi Private Bank as a director. I came to realize that the key was “Sincerity”. In July 2009, I had made my first business in my career, and that business had fulfilled my full year target at that time. There was a chairperson of a listed company in China, and I knew him for 7 months only at that time. I asked the chairperson, “Why did you pass this business to me when you knew so many bankers?” He told me that most bankers were too realistic. But in the contrary, he said that I wouldnt take advantage of him and that I treated him as a sincere friend more than just a client. So I treated every client like I treated that chairperson. I made sure of the clients’ needs and gathered the suitable servic es for them. It is crucial to know the clients, and talk and communicate with them. I had never told anyone to buy my products. Yet, my clients will help me to buy the products voluntarily by themselves. To gain trust from the clients, you need to know their daily routine and you will be able to find a time when the clients were relatively free. Why would the clients trust me so much? It was “Time”! I shared the news with my clients everyday. I gave the relevant news to my clients to save their time, as they all were very busy. Service is not just a about doing business, you need to be eager to help the clients. Most of the clients were good at making decisions at the right time. I just filtered the suitable information and then notify them. When time pass, the clients will start to trust me. This is the key in financial services. Always take your clients’ business as your own business. A successful man is successful because he is a reliable and honest person.

Other people would support him and help him to succeed. However, with new communication methods, there are less and less direct interactions between people. Therefore, the new generation was less prepared in building up mutual trust, working relationships etc. These interactions and mutual trust are the cornerstone of success. One can become a leader, because people trust him. Therefore, honesty is the most important quality that needed to be nurtured. When others trust you, then you can achieve anything. The most difficult thing left is to learn to make others to trust you. If you can really show care to someone, then you need not hard sell your products or services.

With perseverance! I will suffer a loss sometimes but I still persevere. Working in the financial industry, some clients could provide me a chance to earn more apart from my job. But I never do so. You need to insist in your faith and honesty. If you take any action that will jeopardize the relationships with the clients, then you will violate the basic code of ethics of being an employee of a firm. Every industries and post can have a chance to take advantage. It depends on you whether can insist your faith and honesty.

What does a private banker do?

Being alone, cooperating and collaborating with others. These cannot be learnt from books or classrooms. University is a small society, you can either just studying with the books or go outside and learn in different ways (through cooperation and compromising with other students’ societies).

First of all, a bank has different departments. Retail banking (depositing money, doing mortgage, etc.); investment banking (capital market trade, listing a company, helping to manage the stocks of the clients, issuing bonds, etc.); private banking (the later stage of the first two types of banking). Banks are the most important supporting character of all kinds of business. The banks lend savings (the extra savings that the public do not need now) to businesses, which are worth to invest, and then earn interest as a return. Private banking is similar to retail banking, but the clients are wealthier families. Citi private bank set a minimum account requirement (US$ 10000000), then the team from Citi private bank will then give the clients advices to invest according to his wish. There are two types accounts, one is Advisory Account (just provide advices to the clients but cannot use the money in the account directly) and another is Discretion Account (is given a certain extend of power to use the money in the account to invest, and need to provide the clients a report every quarter). Investment will not always be rewarding. The bank may face lawsuits. So risk management is very important. Private bankers need to find those wealthy clients and are suitable ones. The responsibility of Private bankers is to make sure the client will make the investment decision through the bank they are working for. A private banker need to show to the client how good is the platform offered by the bank; organizing different specialists to help the clients to execute their investment decisions. I always need to talk with the clients, to know the need of the clients and their family members. Then I will tell it back to my colleagues, and they will make a proposal for the clients. There are many traps and uncertanties in this industry, how could you handle or prevent such cases?

You were the chairperson of MSA, how has that benefited you or shaped you in any ways?

The experience in MSA of forming an Executive Committee and the experience in cooperation was still in use by me today. Relaxing together, meetings from day to night, quarrels between Executive Committee members, and to mediate the quarrels, etc. These kinds of cooperation can never be learnt from textbooks. This trains you how to get along with others, trains up your honesty, and tests your will and faith. If you have these kinds of experience in at a younger stage, then you will face fewer obstacles. However, there is less face-to-face communication nowadays. Face-to-face communication can truly reflect and tell you who you really are. And this is why you should thank those people who commented on you, no matter what bad words he used. I became the chairman just because I like to present. Loving to present is a gift. When I really led the Executive Committee, I found out I do not how to lead. Therefore, many people gave me advice, “Kevin, you are too indecisive, you always make last minute decisions!” But let me tell you, there is nothing wrong with what your character is. My character suits my job perfectly now. My carefulness performed 100% in my work. I always tell my colleagues: As a private banker, you need to be a very detail-minded person. And this character was told to me by my fellow Executive Committee members, that it is my weakness as well as my strength. I face little difficulties and obstacles in my career with this character. I had saved much time thanks to it. One needs to find a job that can appreciate one’s characters. Every one can perform brilliantly if you find a job that matches the skills

Managemnet Students’ Association, HKUSTSU


Guest Interviews and characters you have. We all need to accept others opinions and understand them humbly. In addition, family and old friends are the truest to you; they will never do anything to put you in disadvantage. They never want you to fall into a trap and tell you the things you only like to hear and omit others. Think thoroughly the shortcomings that your family and friends told you. It is the most realistic. Things always have two sides. One has a shortcomings must have strengths as well. Nowadays, successful people are not those who changed their shortcomings, but those who enlarge their strengths unlimitedly. I am good at presenting my own idea. My colleagues said my persuasive skills are brilliant. Even if the clients are extremely mad, I can calm him down within 20 minutes. Furthermore, an all-rounded personal development requires knowing yourself, through learning and comments from others (friends, family, co-workers, etc.). Only if you know yourself very clearly, you will be successful, as you know what you need, good at, bad at, etc. But if you do not understand and know yourself, then you will do the things that you are not good at, and you are destine to be failed. For example, after entering into PWC, I knew I was not suitable. I like facing people but not just paperwork. No matter how people say how good this company is, I do not feel right for me to work. People are unsuccessful because they do not understand and know themselves (do not know what good at and bad at). Every career has their own successful representative as they find the right career. Do not get into a career because of the career itself. Moreover, studying business is good because you can do anything after that. Personal development is a lifelong journey of discovering oneself. If you discover and understand yourselves earlier than others, you will have a better chance of success. Ask yourselves 4 questions everyday. 1. What am I good at? 2. What am I weak at? 3. Have I enlarged the qualities that I am good at and turn that quality to my best tool? 4. Have I avoided doing what I am bad at and hide my weakest point from others? People will praise you for what you are good at, and then you will fall in love with what you are good at more and more.


Annual Journal 2013-2014

Guest Interviews

SETTING UP YOUR OWN BUSINESS Interview with Mr. Tom Lip CEO of Beauty Exchange HK and Men Club HK Many university students are interested in starting their own business. What are your thoughts on the issue? From my point of view, students don’t have to be too eager to start their own business in the wake of their graduation, unless they possess some innovative and top-notch ideas. It would be better for them to work in the industry that they are interested in for at least few years as a move to accumulate adequate social network and hand-on experience about that industry. This can better equip them to become successful entrepreneur in the future. Do our majors matter when setting up our own business? In essence, the success of the business does not hinge on what you studied in university. But to certain extent, the knowledge you have enquired in your study can assist you in the business, particularly for BBA students. Because those students have already equip themselves with knowledge in different business fields. For instance, an Accounting student can utilize his profession to better monitor the financial performance of his performance. However, this is the only edge your major can give. May we know more about your personal background? I graduated from Hong Kong University of Science and Technology with Bachelor of Business and Administration (Information System and Management) in 1999. My first job was being a project coordinator in the University of Hong Kong. This job was about technology and internet, my colleagues and I were asked to develop a website. After working for 9 months, I quitted and joined another Internet company called ‘Asia Content’, which licensed some foreign websites and operated them in Hong Kong. Around 3 years later, the company collapsed when the dot-com bubble burst, then I started working for a feminine magazine, being responsible for its online promotion. Afterwards, I also worked for a larger-scale fashion company for its online promotion. Finally, I debuted my first website in 2003. How is your experience on starting your own business? At the very beginning, it has been very hard since I had limited capital to invest on my website. I had to deal with various work, including designing and graphing all on my own. Fortunately, I have accumulated much valuable social network

Text by Regan

and experience in my previous working experience. And I learned a lot from those large-scale company, about their marketing and sales and logistics so that my business could operate in a similar way. These did contributed to the success of my business. That’s why I advocate working for few years before starting your own business. What made your determined to give up your well-paid job and set up your own business? I think it is because of my characteristics and mindset. I don’t like following instructions and doing routine work so I found so uncomfortable with working in office. Also, as being a creative and flexible person, I was always seeking for opportunities to execute my ideas. Yet, at that time my ideas were always rejected by my superior and I was fed up with the time being regulated and bossed around. Therefore, I determined to commence my own business I order to enjoy higher autonomy. How is the scale of your business when it was first established? At the beginning, there was only one employee in my company, who were responsible for the design work of my website. It was really difficult to recruit people since my website was not with high publicity. Also, due to limited capital, I could not afford to provide highly-competitive salary. In terms of office, I rented a small office in a business centre in Causeway Bay. That all I had for my business. To your knowledge, what contributed to the success of your website? Right timing is of paramount importance. As a result of the burst of dot-com bubble, the IT industry was in depression and many talents and capital switches to other industries. So I was the rarely one to stay in the industry. But because of that, I became the pioneer and leader in the field of online advertising and my website could face less competitors and less fierce competition. Moreover, online advertising was not popular at that moment, so I have put much efforts and times on promoting it but received little amount of money. Luckily, my clients were satisfied with the effectiveness of the advertising and their competitors also became my clients later on. All in all, it takes right timing, persistent efforts and patience to achieve the success of the website.

Managemnet Students’ Association, HKUSTSU


Guest Interviews Have you confronted any set backs or challenges in your business? Indeed there are many. For instance, nowadays online promotion has become all the more popular so there aremyriads of competitors in the market, particular when my business has already gained a success. Facing such fierce competition, it is very difficult to maintain a leading position in the market. The market preference is ever-changing, so my website has to keep track of the market trend at all times. Apart from that, not only does the website have follow the trend, but create the trend. Thus, all of these have made my business more challenging.

selves exposed to many different things, such as different kinds of knowledge or different culture. It can greatly enrich yourselves and is beneficial to your future career development, or even becoming an entrepreneur one day.

What is the gravest challenge that you have ever encountered? How did you overcome it? It is all about employees. As the saying goes, ‘Employees are the most precious asset of a company’. Retaining employees matters to me, as well as the website. In the past, there was attrition of some constructive employees, which has been a great lost the website because they were helpful to website’s operation. Worse still, some of quitted employees have utilized their working experience in my website to set up their own one. For them, it may be a wise choice like what I did in the past but as for me, it is somehow hard to win such competitors who know you very well. To retain my employees, I think both intrinsic and extrinsic reward are very important. I treat all my employees as sincerely as friends so that we are all united and have a sense of belonging to the website. In terms of extrinsic rewards, I have provided them with competitive remuneration. All of these can definitely make the employees more willing to stay in the company and be motivated to work better. Last but not least, do you have any advice for university students nowadays? First, I think all of you should have a clear understanding of yourselves, knowing who you are, your strength and weakness and what you actually want. Take me as an example, I started my own business because I knew my characteristics was incompatible with those monotonous office work so I made up my own choice and pursued my ambition wholeheartedly. Thus, students nowadays should ascertain what you want, make your choice accordingly and strive for it dedicatedly. Aside from that, students should think and act beyond ‘boundary’. Try to get out of your comfort zone and not to abide by so many rules and routine. That is the way how you can become creative and maybe a pioneer in the future. On top of these, you should endeavor to get your-


Annual Journal 2013-2014

Featured Articles

Featured Articles

Foxconn Is Quietly Working With Google on Robotics By Lorraine Luk


oxconn has long been associated as the partner for Apple, but few people know the Taiwanese contract manufacturer, also known as Hon Hai Precision industry, has been quietly working with Google. People familiar with the matter told The Wall Street Journal that Foxconn has been working with former Android executive Andy Rubin since last year to carry out the U.S. company’s vision forrobotics.

By Jason Chow

Hong Kong is World’s TOP travel Destination Hong Kong is the world’s most-visited city for international travelers, thanks to a growing influx of visitors from mainland China, according to a new study. Hong Kong drew 23.8 million visitors in 2012, outpacing Singapore (21.3 million) and Bangkok (15.8 million), market-research firm Euromonitor said in its “Top 100 City Destinations Ranking” report released this week. The firm analyzed various travel data, including government statistics and airport arrivals, to determine its list for 2012, the most-recent year for which figures are available. Arrivals to Hong Kong from China rose 11.1% in 2012 from the previous year and made up 63.5% of all visitors to the city. Though Hong Kong is controlled by China, it has separate customs and immigration systems, and treats visitors from mainland China similar to those from other countries.To be sure, a large


Annual Journal 2013-2014

portion of the visits from the mainland to Hong Kong are day-trippers from neighboring Shenzhen looking to stock up on daily necessities, such as milk powder. Hong Kong’s rise to the top of the list is recent. In 2009, the city ranked 10th on Euromonitor’s list, with slightly more than seven million visitor arrivals, while London, Bangkok and Singapore held the top three spots. By the following year, Hong Kong vaulted to No. 1 with 20 million arrivals, thanks to a stampede of visitors from China. Chinese tourists also made their mark on Thailand. In 2012, travelers from China increased by 62% from the previous year, making them the largest source market for tourists in Thailand. Euromonitor cited the success of the hit Chinese film “Lost in Thailand” as one of the reasons for the increased traffic.

The increase in arrivals pushed Bangkok to third place, displacing London to the No. 4 spot at 15.5 million arrivals. Asian cities dominated the rest of the top 10 list: Macau, Kuala Lumpur and Shenzhen ranked fifth through seventh. New York; Antalya, Turkey; and Paris rounded out the top 10. Euromonitor said the top five countries of international departures in 2012 were Germany, the U.S., the U.K., China and Russia. But it forecast that by 2017 China will overtake Germany for top place, and Russia will rank third due to rising affluence in those countries. The research firm showed that countries that streamlined visa processes for Chinese visitors saw immediate benefits, pointing to Paris as an example. In 2012, it received 204,000 visitors from China, a 16.1% increase from 2011.

To speed up robot deployment at its own factories, Foxconn Chairman Terry Gou met with Rubin in Taipei recently and they discussed new robotic technologies, they said. At the meeting, Gou expressed excitement over new automation technologies demonstrated by Rubin, they said. Rubin also asked Gou to help integrate a technology company that Google is acquiring as Foxconn’s strength lies in mechanical engineering. Google set up a new robotics group and acquired eight robotics companies last year, including Boston Dynamics, an engineering company that has designed mobile research robots for the Pentagon. The New York Times first reported Google’s robotics efforts and the acquisitions in December. The report also said the targets of Google’s new robotics team are in manufacturing such as electronics assembly, which is now largely manual and competing with companies like Amazon in retailing. The cooperation comes as Foxconn has been striving to accelerate automation efforts at its factories amid challenges of rising labor costs and workplace disputes in China, where it has more than a million workers. Foxconn’s chairman has reiterated his ambitions to build factories with robots in recent years as the company seeks totransform itself into a high-tech manufacturer focusing on high-margin, capital-intensive products such as automobile and medical equipment.

Analysts said the partnership makes sense as Foxconn, the world’s largest contract manufacturer of electronics devices, can provide Google the best testing ground for its new robotics technology. They said Google is expected to build a new robotic operating system for manufacturers, just like the Android operating system for mobile computing devices. A successful robotics operating system would further strengthen Google’s position in the technology industry. “Foxconn needs Google’s help to step up automation at its factories as the company has the lowest sales per employee among the contract makers, given its large workforce,” said Wanli Wang, an analyst at CIMB Securities. “Using robots to replace human workers would be the next big thing in the technology industry. Not just Google, other major technology companies such as Microsoft and Amazon also have been developing robotics technology to capture the future growth opportunities.” Online retailer has said it is developing pilotless flying vehicles that can deliver packages within a half hour of customers placing an order. Separately, Foxconn has been actively seeking locations for research and technology investment in the U.S. In November, the company said it might invest $40 million in manufacturing and research facilities in Pennsylvania. The company also sent some engineers to Massachusetts Institute of Technology to learn the latest manufacturing and automation technology, the people said. The Taiwan-based company has been seeking new avenues of growth as revenue from contract manufacturing slows. It has been making a push into software development and telecom services, and has also branched out into the retail market by selling its ownbrand mobile accessories. On Monday, Foxconn reported its January revenue edged up just 0.3% from a year earlier to 314.55 billion New Taiwan dollars ($10.37 billion), further highlighting the need to diversify its revenue stream.


20 Suit Tips Every Guy Should Know 36



1. Shoulder pads end with your shoulders.

13. The width of the tie should match the width of the lapel. Generally thin lapels are more modern and wide lapels are more old-school.

2. Your flat hand should slip easily into your suit under the lapels when the top (or middle) button is fastened. If you put a fist in, the suit should pull at the button. 3. With your arms at your sides, your knuckles should be even with the bottom of your jacket. 4. Jacket sleeves should fall where the base of your thumb meets your wrist. 5. A pocket square adds an extra level of polish, but make sure it doesn’t match your tie in either pattern or fabric choice. 6. Opt for a charcoal or gray suit over black, unless you’re attending a funeral.

14. Always go with the classic windsor knot for your tie, but use the size of your head to determine whether you should go half or full windsor. 15. Your tie should always be darker than your dress shirt. 16. Your tie should JUST reach the waistband of your trousers, or be slightly shorter. 17. Finally, go for the dimple. The dimple is the little hollow beneath the knot of your tie, and it gives a slightly disheveled yet polished appearance to your finished look.

7. Always unbutton your suit before sitting down, or you risk ruining it. 8. The top button of a two-button, or the middle button of a three-button, should fall at or above the navel. 9. If you’re wearing a vest, always keep the bottom button of your suit unbuttoned.

Bottom Shirt 10. Between a quarter and a half inch of shirt cuff should be visible. 11. If you sweat a lot, wear an undershirt. 12. A collar gap between your jacket’s lapels and your shirt’s collar can signify an ill-fitting jacket.

18. Your belt should be fairly thin and the same color as your shoes. 19. Make sure that your socks are long enough that there’s no exposed leg when sitting down. 20. For a more fashion-forward look, the pant hem should hit right at the top of your shoe. For a more conservative look, the pants should cover the top of the shoe and parts of the laces.


DO apply an eyeshadow primer if you are going to apply eyeshadow. It will provide a smooth canvas for you to work on. The primer will also make the colours look vivid and pigmented and your eyeshadow will stay on longer. DO shape your brows. Well groomed brows will make you look tidy and awake. Fill in your brows with a brow pencil or brow powder to complete the eye makeup. It can also define and shape your face.

Foundation DO use a shade that matches your skin tone exactly, not too light or too dark. It should look natural from your face to your neck. When you try on the foundtion, make a streak across your cheek to your neck. In the picture, the second shade from the left matches the model’s skin tone perfectly. Your foundation should also blend into the hairline and towards your neck. DO use a powder to set your foundation and concealers. So that they won’t wear off easily during the day. Never use liquid foundation over powder. Powders should always go after the liquids. DON’T over moisturize your skin. It encourages foundation and concealers to travel into the fine lines you are trying to hide. Use a light moisturizer for your eyes especially. DON’T use foundations with SPF higher than 15 if you are going to pictures on the day. The light will reflect on the foundation and make your face look very oily and unnatural.


DON’T overdo lashes in the day time. Black clumps of mascara can look messy and distracting. Using fake lashes that are too thick and long could also look weird in the day time. It is unnecessary and unprofessional if you are going to work or school. DON’T use greasy concealers under the eye area. Use light weight concealers to conceal blemishes under the eyes. Concealers should be a tone or two darker than your foundation. You may use peach or salmon tone correctors before you apply concealer to cover serious dark circles.

Cheeks and Lips DO use complementary colours for your cheeks and lips. For example, if you use a pink blush, your lip colour should be close. Think of them as an outfit on your face. DO match the intensity of your cheeks and lips. You could emphasize on either the cheeks or the lips. Or use light colours or applications for both. If you use dark colours for both the cheeks and lips, you may look like a clown. DON’T stripe on blush. It could create a harsh line on your cheeks. Use a brush when applying blush. A large dome brush can create a light and blended look. More colour can also be built if desired. An angled brush can give you precise application. DON’T get carried away with glitter and shine. A little shimmer can brighten up your face and highlight your cheecks and make your lips look plump and soft. But applying too much glitter and shine during the day is farfetched, like wearing an evening gown to school.

Make Up Dos and Don’ts for Girls

Brows and Eyes





eople are eating more raw and organically grown fruits and vegetables these days. And that has many consumers concerned whether they are properly cleaning their produce. Michael Doyle, a professor of food microbiology at the University of Georgia and director of its Center for Food Safety, offers his opinion on how to wash fresh food—and whether it’s OK to rub an apple on your shirt.

Burning Question: Does Rinsing Fruit Make a Difference? By Heidi Mitchell

Harboring Enemies When it comes to anything plucked from the produce aisle, Dr. Doyle says there are two main concerns— pesticides, which he doesn’t worry much about, and microorganisms, which he does. “There have been lots of studies done by the government showing that pesticide contaminant tends to be at levels that are below health concerns,” he says.

“Washing produce with tap water should help reduce residual pesticides and any dirt on the surface, where listeria and other bacteria often harbor,” he says. But if harmful bacteria are present deep in the leafy greens that have been cut, “the extra washing you do at.

Annual Journal 2013-2014

In the Bag Even when bagged lettuce says it’s been double washed, microorganisms that make their way into the water at the processing facility can spread onto whatever is being washed, Dr. Doyle says. Also, once the lettuce or spinach has been cut, surface microbes can become entrapped within the leaf itself. “When that happens, there is no washing it out, no matter what you do,” says Dr. Doyle. “This may be one reason why bag salads and cut greens have been some of the biggest culprits in spreading foodborne illnesses re-

much of a difference,” says Dr. Doyle. Neither will higher temperature, since getting the water hot enough to destroy bacteria will wilt the lettuce. A trusty method to ensure clean produce: peeling. “Removing the outer peel has been one of the strategies for avoiding illnesses when visiting foreign countries for a long time,” says Dr. Doyle. “And it can apply at home.” Risky Business Small amounts of bacteria in food won’t affect most people, whose bodies usually fight off minor infections. But older or very young people, and pregnant women, are at greater risk and should always wash produce carefully before eating. Dr. Doyle recommends everyone avoid eating alfalfa and bean sprouts unless they are cooked. “Because of the way they are grown and washed, you cannot be sure that they are not harmful,” he says. “I like bean sprouts, and I eat them, but only after they’ve been put into a boiling bowl of Vietnamese pho” soup.

“The Big Concern Is Harmful Bacteria Deep in Cut Leafy Greens”

The more serious threat is microorganisms, especially salmonella, listeria and certain strains of E. coli. These sicken more consumers as a result of eating fruits and vegetables than eating meat or poultry, he says. The bacteria are sometimes spread through contaminated irrigation water and can settle on the surface of fresh produce, particularly those with layered leaves.


home isn’t going to help,” he says

cently.” He recommends consumers buy heads of lettuce instead of cut, bagged lettuce. “Remove the outer leaves, wash your hands, then rinse the remaining leaves,” he says. Fresh herbs, like basil, rosemary, cilantro and parsley, also should be washed. And keep fresh produce away from other bacteria carriers, like raw chicken. Extra Precautions Homemade cleansing solutions with bleach, vinegar or lemon juice are fine for bathing fruits and vegetables, though Dr. Doyle says they aren’t likely to kill all harmful bacteria or microorganisms present. Store-bought produce washes have been shown to eliminate even more bacteria and microbes, but a good 20-second wash under the tap should be sufficient for most uncut produce. “Any longer won’t make

The dietary benefits of eating fresh fruit and vegetables are high, but assuring that the produce is free of microbes is also essential. “I always rinse my produce under the tap,” says Dr. Doyle. As for that old-school method of rubbing an apple on one’s shirt? “There have been studies that show that the friction from rubbing a paper towel on an apple does remove bacteria,” he says. “So if you rub it vigorously on your shirt, that probably would do the trick.”

Managemnet Students’ Association, HKUSTSU



By Tom Rath

How to Improve (and Increase) Your Sleep Growing up in a hard-working Midwestern city in the 1980s, I quickly learned that sleep is the first expense I should cut in a given day. The men I looked up to at a young age regularly boasted about running on just a few hours of sleep. While this was rooted in a good-natured work ethic, it led me to view needing sleep as a sign of weakness. I continue to see this perception in the workplace today, where it is considered a badge of honor to stay at the office late working on a project.

American economy $63 billion a year in lost productivity alone. The problem is not just people missing work on account of sleep, the larger issue is people who show up for work in a sleepless state. One scientist, who has studied this topic extensively, claims a loss of four hours of sleep produces as much impairment as consuming a six-pack of beer. According to a survey from the National Sleep Foundation, roughly two-thirds of people studied do not get enough sleep on weeknights.

The problem is, one less hour of sleep is not equal to an extra hour of achievement. In many cases the opposite occurs. When you lose an hour of sleep, it decreases your well-being, productivity, health, and ability to think the following day. One of the most influential studies of human performance, conducted by professor K. Anders Ericsson, found that top performers slept 8 hours and 36 minutes per day. The average American, for comparison, gets just 6 hours and 51 minutes of sleep on weeknights.

However, if you are able to get an additional hour of sleep tonight, it can make the difference between a miserable day and a good one. A small adjustment, even 15 or 30 minutes, could make or break your next day. The key is to aim for somewhere between seven and nine hours of quality sleep per night. While getting this much sleep each night is easier said than done, there are a few small tricks to improve your odds of a good night’s sleep.

You are simply a different person when you operate on insufficient sleep. And it shows. If you do not get enough sleep, it can lead to a cascade of negative events. You achieve less at work, skip regular exercise, and eat poorly.

This lack of sleep is also costly. According to a study from Harvard Medical School, lack of sleep costs the


What you do in the hours before bed could matter most. More than 90 percent of Americans admit to using electronic communications in the hour before bed. This is an obvious problem in terms of allowing things like late-night messages to enter your thoughts. What you may not realize is that the light from these devices alone could also suppress your melatonin levels by as much as 20 percent, which is a more direct threat to your sleep. To avoid these issues, impose a mora torium on

all electronic devices in the hour before your normal bedtime and be cautious about bright light from any sources in the hours before bed. Creating the right environment for sleep in your bedroom can also give you a head start. It is easier to sleep in a room that is a few degrees cooler than the temperature you are accustomed to throughout the day. This prevents your natural body clock from waking you up in the middle of the night. The same principle applies to noise, where using white noise apps or devices can drown out sounds that wake you up unnecessarily throughout the night. What’s critical for a good night of sleep is to create a routine where you eliminate as much variance as possible. Prioritize seven to nine hours of high-quality sleep ahead of all else. You will be more likely to have a good workout, get more done at your job, and treat your loved ones better when you put sleep first. Keep in mind that every hour of sleep is a positive investment — not an expense. Based on all of the research on this topic, we need to make sleep a core value at home and work.

Sacrificing sleep may no longer be a sign of strength..

Executive Committee Reviews

EX-CO Reviews

EX-CO Reviews

“Did you regret being the chairperson of MSA?” has always been the question to me from my friends. But I would say there is no regret in this difficult but wonderful yearthat full of memories. This year as chairperson of MSA, I found myself tougher thanI thought. The one year experiences always give me many ‘first time’s: the first time to meet with many business professionals, the first time to negotiate with different societies’ representatives, first time to have my own group in orientation camp,etc. I also enjoy the feeling of paying full efforts in doing things without concerning if there are any returns. I guess these are so call ‘Teenage Passion’ that I would not be able to feel when I get older. In these 14 months, I definitely build up a deep relationship with my executive members, which I can find nowhere in university to have these 11 unique friends with that much unforgettable memories. They are the one that taught me many things and gave me valuable comments in helping me to improve myself. As the chairperson, I surely have to devote more time and effort to my cabinet and society. Although there is sacrifice in time with friends and academic studies, it is still worth doing because of the improvement, unique experiences and friendship I get. The last sentence that I want to share is, “I LOVE MSA”! LAM Hiu Ling, Rossana Chairperson Time flies. It's now nearly coming to an end of being the Executive Committee member of MSA. When I look at the nominated cabinet of MSA in the promotion period now, it recalls my precious memory that has hidden deeply in my mind. I remembered the times we laughed, we cried; we encountered many different challenges together. All these unforgettable moments will store in my memory forever. It is no doubt that there must be tough time in this year, however, it is an once a life time experience, provides great learning opportunities and also benefits a lot for my personal growth that can well-equip myself to be the future leader. Apart from what I have learnt, the most valuable thing I gained in this year is the friendship with other Executive Committee members which is priceless and takes time to build up. Thanks MSA for giving me a platform to explore my potentials. I LOVE YOU, MSA! YUNG Tsz Wing, Vivian Intenal Vice-chairperson

A grateful year was passed, with happiness, sadness, friendships andhardships. I feel so happy to have the chance to enjoy this tough year with all other 11 Executive Committee members, and it makes me grown a lots throughout the session period. We worked together, played together and even travelled together. Thank you so much for giving me the opportunity to lead, to try, to success and to fail. Without all you guys, I couldn’t have such an invaluable exposure and experience this year.It’s now coming to the end of our session. No matter it is happy or sad, we all did a great job and now everything was passed and only memory is left. I hope our friendship will never end and we are forever “ Jong Yuen”, which is a totally different relationship from family, friend, colleague or whatever. I know you guys know what I mean. Wish you guys all success in the future. LIU Pit Hong, Kenneth External Vice-chairperson

The past year has been a hectic and rewarding year. Promotion Period was especially unforgettable. There were frequent quarrels and unspoken criticism. Brutal sleepless nights and exhausting promotiin made things worse. But it was such extraordinary experience that brought us closer as a team, and as a family. I never regret for being an Executive Committee member. I was rewarded with irreplaceable friends for life. 12 people from completely different backgrounds and with different personalities came together as one. Though it was very unexpected in the beginning, given the quarrels and disputations we had. I am glad and grateful that I stayed. A big thank you to MSA and BRIO. CHIU Wan Kei, Charlotte Internal Secretary Publication Secretary


Annual Journal 2013-2014

Time flies, one year has passed by. This year seems so long yet so short, I was like experiencing an unforgettable journey with 9 intimate companions. By no means would being the Executive Committee of MSA be an easy job, it takes more than devotion, persistence and passion to achieve the superior standard upheld by MSA. Yet, despite all the difficulties confronted throughout the year, it was my greatest honor to have my fellow cabinet members accompanying and supporting me all the way through. Whenever I am at the sight of the photos taken with them, my memory safe is swiftly unlocked. The memories of the Promotion Period and the Inauguration Ceremony are still wandering in my mind and all of us are definitely going to be life-long friends. Now, my wondrous journey as being the Executive Committee nearly comes to an end. I will never forget every single moment shared with my fellow cabinet members, be it laughter or bitterness. I would also like to extend my heartfelt gratitude to MSA, for providing me a platform to sharpen my skills, making my university life much more fruitful and bringing me 11 precious companions. SIN Ho Man, Regan External Secretary It has been the most memorable year of my life. I am glad to meet my fellow cabinet, BRIO in my life. Last year I was just a member MSA who had never planned to join the Executive Committee. However the passion and spirit of the previous cabinet inspired me. It reminded me that someone must be giving while the other is taking. It had driven me to become a part of the Executive Committee of the Association. It has been a hard time. Luckily the greatest support from my fellow cabinet members turns all the bitterness to sweetness. I hope that we have shown our passion to all of our members and to our nominated cabinet CAMEO. I am looking forward to witnessing CAMEO to become the next Executive Committee, and continue to lead with our motto, “warm and caring”. I believe that CAMEO will undertake their commitment, to manage with determination, strive for perfection. KI Chung Hin, Leon Financial Secretary Year 2012 to 2013 has been an unforgettable and epic year to me. The professionalism showcased by MSA through a series of workshops, case competition and Mentoring Programme had uncovered my sheer determination and ignited my passion in serving the Association whole-heartedly as an Executive Committee. Frankly, preparations of sponsorship and welfare products were both challenging. Thanks to the unlimited support of BRIO, we leaped over the hurdles and had held all events with a great success. The joyful moments of organising a joint-university case competition(JUBMC) were more than words can say. For the betterment of MSA, I am looking forward to our next cabinet who would pass on our spirit and devote themselves in serving MSA with warmth and care in a professional manner. LO Ting Ka, Karen Welfare Secretary Marketing Officer It is an unforgettable experience being an Executive Committee member in MSA. It offers me a lot of opportunities to learn, such as managing a large-scale event, JUBMC. We have to cooperate with local students from other universities to organize a joint-university case competition, it is not easy to start off. From receiving application, organizing workshops, to arranging the semi-final round and the final round presentation, we did all single details by ourselves. These are the things that I cannot learn by sitting in the classroom or reading the textbook. It really brought us a strong sense of happiness and enjoyment when the event successfully ended. Besides work satisfaction, the most precious thing I gained is the friendship between twelve of us. We faced moments of hardships and delights together and had a lot of sweet memories in the past year. Despite of argument and disputes during our work, we share all our true feelings and thoughts with each other. It's worth taking my time and energy to devote myself in MSA, it makes me grow up a lot and become more mature throughout the tenure in office. I think this would be one of the most memorable and fruitful encounters in my 4-year university life. CHAN Chui Ki, Kiki Academic Secretary Promotion Secretary

Managemnet Students’ Association, HKUSTSU


EX-CO Reviews Being an Executive Committee was never on my list of plan when I got into university, until I joined the orientation camp of Management Students’ Association. ‘Warm and caring’ is always the motto of MSA, which I could deeply feel it when I joined this association and finally brought me here. Throughout the year of being the Executive Committee, we learned, we changed and we grew. We did make mistakes from organizing the functions but we reviewed and improved. The amazing memories and magical moments are still in our mind; especially the promotion period was unforgettable. Those experiences are hard to be written out but heart-printed. To be honest, I am glad to be one of the members of our cabinet, BRIO. This is a group of people with extremely different personality but we all aim to be the best. MSA links us together. The path we walked is never an ordinary one. They are memories with commitment and trust, bitterness and sweetness. Last but not least, may I wish the nominated cabinet of Management Students’ Association, CAMEO could pass on our motto, ‘Warm and caring’ with sense of unity and start their new journey with no regrets. LEUNG Pui Shan, Eva Marketing Officer Public Relations Officer

The Coming Session of MSA

It has already been a year since BRIO ‘s promotion period, it was just in the blink of an eye. Seeing those efforts done by the nominated cabinet members during the current promotion period reminds me of all the events which BRIO has gone through. Together we laugh, we shed tears. Although works were tough, we aimed at the best. Being the Executive Committee member of MSA, it is never been an ordinary experience. Through organizing events like Orientation Camp and Management Festival, we gain something that we cannot get from doing any group projects. Not only some practical skills, but also the unbreakable bonding of us, BRIO. The memories with BRIO will be the most treasurable thing in my university life.It is not easy when loads of design work and deadlines are waiting for you to finish. However, I would like to thank all members of BRIO for the support and encouragement. It always gives me the power to do better. Finally, I hope CAMEO, The Nominated Cabinet of MSA can pass on the passion of being a top student society in the coming year. YANG Ning Shu, Nancy Promotion Secretary Management Students’ Association has given me a “warm and caring” year. I joined BRIO in May, since then, it has been the busiest year of my life so far. There are lots of functions and activities to be organized, and every each of them is so unforgettable and full of memories. Among all, Orientation Camp is the most unforgettable. The preparation of the orientation camp is so busy and fully packed with tons of works. My fellow committee members and I have put 120% of efforts to achieve an excellent experience for the freshmen. I still recall the memorable experience of pub night, barbecue, water battle and camp-fire dancing. I am so glad to be one of the Executive Committee of Management Students’ Association this year. I thank my Executive Committee members very much for giving me this fruitful year. YEUNG Man Chun, John Information Technology Secretary Time flies, one year has passed. MSA means a lot to me and it brings me a fruitful year. Being an Executive Committee member of BRIO has developed and flourished my soft skills, such as communication skills and problem solving skills. Most importantly, I’m so glad to be the Sports Captain. It gave me opportunities to meet a new group of friends all over the world. Also it is unforgettable to build up a sense of teamwork as well as satisfaction with all the sportsmen after organizing intramural competitions. I would like to say thank you for all their generous support and endless effort. I would also like to thank my fellow committee members for bringing such a precious year to me. Although organizing activities was not an easy task, it brought all 12 members together. We have overcome different challenges and difficulties with laughters and tears. We have breakthrough numerous limits and become visionary leaders. We become more mature and sincere friends. Last but not least, wish the next cabinet of MSA, CAMEO will try their best in making very endeavor to strive for excellence and continue to make contribution to all members. KU Chung Him, Jason Sports Captain


Annual Journal 2013-2014

CAMEO, The Nominated Cabinet of Management Students’ Association, HKUSTSU, Session 2014-2015


Message, Annual Journal, Management Students’ Asociation, HKUSTSU, Session 2013-2014

MESSAGE, Annual Journal, MSA, HKUSTSU, Session 2013-2014  
MESSAGE, Annual Journal, MSA, HKUSTSU, Session 2013-2014