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FBE Press Release

Publishing Date: 14/07/2010

Press Release

HKU Students Win the Hong Kong Regional Championship in
CIMA Global Business Challenge 2010

(14 July 2010, Hong Kong) –Team "Starlight" comprised of four students from the University of Hong Kong has won the Hong Kong Regional Final of the Chartered Institute of Management Accountants (CIMA) Global Business Challenge held on June 19, 2010.

Under the mentorship of Ada Wong of the Faculty of Business and Economics, four students from the Faculty of Business and Economics and Science won the regional final over more than 150 participating teams in Hong Kong on a business case of a mobile network operator.

The CIMA Global Business Challenge is an international business management competition aimed at university undergraduates and has been developed to bring out the best in the potential business leaders of tomorrow. Participating teams has to analyze, report and present on a CIMA case study.

Four teams were selected among the 150+ participating teams to a final round of presentation of their proposals in front of a judging panel of business and community leaders. The HKU team's outstanding analytical capabilities and excellent presentation skills had impressed the panel of judges and had won them the regional champion title. "Starlight is a real shining star in this tough competition." commented Mr. Richard Kenworthy, Divisional VP of CIMA Hong Kong, "HKU is nurturing students with strong management and accounting skills which is very important for Hong Kong to remain as one of China's leading commercial hubs."

The Starlight team will represent Hong Kong at the Global Final in Malaysia on August 5-6, 2010 to compete with other teams come from the UK, Ireland, Sri Lanka, Philippines, India, China, Malaysia, Pakistan, Singapore, South Africa, UAE and Australia for the Global Challenge.

Members of the winning team (from 2nd left):

  • Donna Cai – BSc (Actuarial Science)
  • Ann Li – BBA (Acc & Fin)
  • Wency Hong – BBA (Acc & Fin)
  • Preston Huang – BSc (Mathematics)

Panel of Judges:

  • Richard Kenworthy, Divisional VP of CIMA HK
  • Victor Lee, Director of CUHK SCS
  • Steve Seekins, Director, head of Asia product control of Barclays Capital
  • Edward Hayes, Regional Head of Resourcing, north-east Asia of Standard Chartered Bank
  • Andrew Lee, the President of Mobile Network and Service Provider Group of CAHK

For media enquiries, please contact:

Ms. Mabel Fung
Senior Manager
Communications and Corporate Relations
Faculty of Business and Economics
The University of Hong Kong
Tel: +852 2219 4716


About the Faculty of Business and Economics

The University of Hong Kong (HKU) is Hong Kong’s first and foremost university, with a history of nearly 100 years. Our alumni are the “who’s who” leaders of the region in business, education and government.

HKU’s Faculty of Business and Economics offers a full range of Bachelors and Masters degree programmes plus PhD degree and non-degree open enrollment and customized Executive Education programmes.

Bachelor’s degree programmes attract top students from Hong Kong and the region, with four ranking among HKU’s top ten programmes in terms of average JUPAS entry scores (2009). More than 30% of HKU’s elite students admitted via the “Early Admissions Scheme” (2009) choose the Faculty’s programmes.

The EMBA-Global Asia, jointly offered by Columbia Business School, London Business School and HKU Business School, is an expansion of the flagship EMBA-Global programme, which was ranked first in the world by the Financial Times in 2008.

The full-time MBA programme, offered in partnerships with London Business School and Columbia Business School, has a strong Asia and China focus. Its unique features provide a rich and balanced education to students with local knowledge and global exposure.

The International MBA offered in collaboration with Fudan University in Shanghai has twice been ranked “best of its kind” in Mainland China by the Academic Degrees Committee of the China State Council.

While the Master of Economics programme has modeled its Hong Kong success with a similar programme launched in Shenzhen in collaboration with Peking University in 2005. Today, the Master of Finance programme in Shenzhen is offered in conjunction with either the Master of Economics or Master of Management programme of Peking University to bring together the rigorous training in finance and in economics/management of the two institutions.

The research excellence has enabled HKU to assume the position of the most successful university in Hong Kong in terms of securing competitive research funding from the Research Grants Council (RGC).

For more information, please visit:

About CIMA

The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of management accountants, with 171,000 members and students operating in 165 countries, working at the heart of business. CIMA members and students work in industry, commerce and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

CIMA is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.

According to independent research conducted by the University of Bath School of Management, CIMA’s syllabus and examination structure are the most relevant to the needs of business of all the accountancy bodies assessed. See the CIMA Difference report for further information at CIMA has been awarded Superbrand status in the UK for a third year in a row this year and for the first time in Sri Lanka.



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