The Hong Kong University of Science and Technology’s School of Business and Management (HKUST Business School) and a multinational tech giant’s Hong Kong branch announced the AI Business School 2.0 Strategic Partnership, an expanded partnership of Hong Kong’s first MBA elective with an AI curriculum.
Artificial intelligence (AI) is changing and redefining the way businesses operate. AI talent in Asia is in high and steady demand as the pace of AI implementation across business disciplines continues to rise. Over 130 MBA and MSc students have enrolled in the AI-centric elective since it was introduced to HKUST students as part of the Global AI Business School Initiative in Spring 2020. These graduates are now more prepared for an AI future and are more knowledgeable about various technological solutions that can help businesses enhance their decisions, procedures, and productivity.
The increased partnership between the two parties goes beyond AI upskilling to provide vital strategies and information on in-demand technologies like Big Data and Cloud Computing to corporate executives, organizations, and young talent. The two parties will also work together on curricular integrations, professional training, academic research, and the development of business cases.
Long-term collaboration to develop future-ready corporate leaders and young people
HKUST Business School will continue to strengthen the AI-centric elective course in its MBA program by utilizing the tech giant’s AI Business School curriculum to give the latest thinking on AI transformation in business as part of the AI Business School 2.0 relationship. This business-focused program will be available to HKUST MSc students, with plans to expand to executive education in the future.
In the future, the two will create a more advanced AI program on digital upskilling for roughly 150 students from other disciplines. The program will enable students to acquire role-based technological skills, knowledge, and industry-recognized certifications in AI, Big Data, and Cloud Computing by leveraging the curriculum on the tech firm’s Learn online platform, and will equip future-ready business talent with a deep understanding of cutting-edge technologies and their trends for their careers.
According to the General Manager of the software firm’s Hong Kong and Macau division, technology plays a crucial role in our daily lives, thus digital skills have become as important as language skills. The company’s objective is to provide people with the technical knowledge and skills necessary to realize lofty goals and build a more sustainable future. The company stated that it is thrilled to continue working with HKUST Corporate School to help Hong Kong business executives and young people reach their full potential and prosper in the AI era.
Creating a Business School that is AI-ready
Meanwhile, the Dean of HKUST Business School, noted that it is now becoming clear how AI and critical technologies can keep people linked and alter businesses to prosper in the “new normal”. The longstanding cooperation with the IT giant is entering a new phase of development, thanks to familiar confidence in the power of AI. It demonstrates the university’s commitment to educating tomorrow’s talent and integrating its capabilities and resources in producing fintech and green finance research initiatives as well as business cases.
HKUST Business School, as a significant research powerhouse in Asia, will create timely insights with proactive industry assistance from the IT company, its key partners, and customers, as well as the winning companies from its recent Excellence of Digital Transformation Recognition event. The three companies have indicated an interest in participating in HKUST Business School’s digital transformation business case development, which contributes to a more sustainable and AI-powered future. Their best practices will be published in international business case research journals, highlighting Hong Kong’s entrepreneurial success.
In addition, the company’s Hong Kong arm will assist the HKUST Business School in its academic research initiatives by sharing relevant research and survey papers and assisting the School in using the company’s pioneer data analytics tools and platform.