I. Background of Academy of Commerce
40 years of reform and opening up has contributed to great enhancement of China’s comprehensive national strength, and enabled China to become the second largest economy in the world in 2010. According to the global authorities, China’s GDP will surpass that of the United States by 2030.
China is undergoing tremendous social changes. As China’s five major centers of international economy, international finance, international trade, international shipping, and scientific and technological innovation, Shanghai is home to China’s first free trade zone situated in Lingang. The status of Shanghai as an international metropolis determines the ascendant development prospects of in-service top talents training and international education.
Besides, Shanghai features very high degree of education internationalization. In addition to 66 local universities of traditional education such as Fudan University and Shanghai Jiaotong University, dozens of world-class famous universities including Harvard University, Cornell University, New York University and University of Michigan have set foot in and undertaken joint school-running program in Shanghai.
However, there is a great market demand for in-service top talents training and in-service senior management personnel’s academic education, and the teaching quality varies greatly.
In addition to local talent education, Hong Kong Academy of Commerce cooperated with Shanghai Jiaotong University in the autumn of 2017 to introduce the training mechanism of the world’s top universities, and initiated in-service management Doctor of Business Administration (DBA) block chain and digital economy education. In the spring of 2018, the 2nd Doctoral Degree of Business Administration (DBA) program kicked off in China Financial Information Center. In 2019, the 3rd and 4th in-service management Doctoral Degree of Business Administration (DBA) programs were initiated in Guangzhou Sun Yat-sen University and Nanjing University respectively in 2019.
II. Historical Evolution of Academy of Commerce
香港商学院（Hong Kong Academy of Commerce 简称HKAC）是在香港德明学院（Hong Kong Tak Ming College）属下经过香港特别行政区政府批准注册成立的商学、经济和金融学专业高等学府，是国际经济与商业精英人才教育高等商学院。
Hong Kong Academy of Commerce (“HKAC” for short) is an institution of higher education focusing on commercial science, economy and finance established under Hong Kong Tak Ming College and approved by the Government of the Hong Kong Special Administrative Region, and an academy of commerce cultivating and educating international economic and commercial elite talents.
Established in 1931 by General Chen Jitang, Viceroy of Guangdong and Guangxi of National Government, Hu Hanmin and other noted public figures, Tak Ming Educational Institution is named after Mr. Sun Yat-sen’s good name of “Tak Ming” and with his birthday as the school celebration day. Hong Kong Tak Ming College and Tak Ming Technical College were established successively. On August 1, 1965, Tak Ming Educational Institution was formally renamed Takming University of Science and Technology.
III. Government Approval for Registration
2017年6月20日，在香港特别行政区政府教育署正式批准在香港德明学院（Hong Kong Tak Ming College）属下注册成立“香港商学院”（英文名：Hong Kong Academy of Commerce；简称：HKAC）。
On June 20, 2017, “Hong Kong Academy of Commerce” (“HKAC” for short) was officially approved by the Education Department of the Government of the Hong Kong Special Administrative Region to be registered and incorporated under Hong Kong Tak Ming College.
IV. Legal Basis
根据香港特别行政区政府于1988年2月5日当时有效的《香港法例第622章规定》注册成立的香港商学院（Hong Kong Academy of Commerce；简称：HKAC），具有独立法人机构合法资质的高等教育法团，HKAC具有高等教育机构的合法性。
Registered and established under Chapter 622 of Laws of Hong Kong of the Government of Hong Kong Special Administrative Region, which was then in force on February 5, 1988, Hong Kong Academy of Commerce (“HKAC” for short) is a higher education corporation with legal qualifications as an independent legal entity, and has the legitimacy of higher education institution.
V. Institution Nature
Hong Kong is administered by the Government of the Special Administrative Region of the People’s Republic of China. The nature of HKAC approved by Hong Kong Government is exclusive in-service top talents training and international higher education institution.
VI. School-running Philosophy
(I) Cultivate professional talents for China and provide business elites to enterprises
HKAC motto: sincere belief and diligent study. In line with the school-running concept of “innovative elite”, we focus on cultivating high-quality senior business management talents. In terms of teaching, we are devoted to training students’ competitiveness in the workplace and enhancing their contribution to enterprises. HKAC inherits the original intention of Takming Educational Institution to “cultivate professional talents for China and provide business elites to enterprises”, further integrates advantages, and cultivates students to be senior enterprise elites with international perspective, optimistic and enterprising attitude, modern innovative and international market competitiveness, and business professional capabilities developed both technically and morally.
(II) Character first, specialty first
HKAC is committed to training all kinds of in-service senior management talents, strengthening the innovative and entrepreneurial abilities of the students, and providing and reserving various kinds of business management talents, international business management talents, economic and financial management talents and business planning elite talents with excellent practical capabilities for enterprises. Besides, HKAC actively promotes innovative and exquisite professional competence education, so as to equip its students with competitiveness in international market and good character, thus enabling the graduates to be highly recognized in the workplace, all sectors of society and international enterprises, and to become business elites contributing to social growth and progress as Takming staff.
VII. School Running Targets
The Academy aims to build an international teaching environment, to devote itself to the frontier academic research of economic, financial and business management, to become a first-class “military academy of business”, and to cultivate business leaders with leadership, self-control and broad vision.
The Academy makes full use of the advantages of the two international metropolises of Hong Kong and Shanghai, and gives full play to the two advantages of Hong Kong and Shanghai, adheres to the concept of “Shanghai-based and world-oriented”, and is committed to training top economic, management, financial and business talents with solid theoretical basis and practical capabilities for government decision-making departments, enterprises and financial institutions.
In-service academic education is mainly designed to cultivate for the society and industry professional management talents, who should be equipped with professional knowledge and ability as required by enterprises, correct values and ethics, independent thinking and innovation ability, good health, team cooperation and leadership, international outlook and communication skills.
HKAC takes the education of senior talents in business management, economy, finance and information as its main development axis, supplemented by language and other humanities and social sciences. Under the premise of meeting the needs of society and industry, HKAC takes quality and innovation as its school-running vision, and exquisitely designs development characteristics in terms of organization and development, curriculum planning and integration, teaching quality and management, faculty structure and specialty, industry-university collaboration and research, software and hardware equipment and books, so as to form a delicate and warm learning atmosphere, and create a high-quality and delicate business management institution.
V. Operating Mechanism
HKAC operates under the market mechanism. Under the leadership of the College Board, it tries to implement the “Dean Responsibility System”, which mainly assesses the actual performance and supervises the teaching quality.
IX. HKAC’s Organizational Structure
(I) HKAC Board of Directors and Executive Bodies
The HKAC Board of Directors is the highest decision-making body. HKAC tentatively has five directors, including:
2. Legal representative:
3. Independent director & special adviser:
(II) Shanghai Teaching Center
Shanghai Talent Training Market is a professional institute approved by the competent government department in March 2004, which has the qualification and examination and approval authority of “international cooperation, talent training, talent exchange, talent evaluation, information consultation, examination and certification”. Xie Lijuan, Vice Chairman of the Central Committee of the Chinese Jiusan Society and former Deputy Mayor of Shanghai, is the Director of the Management Committee of the Institute (see www.china-tt.org for details).
(IV) Consultation and acceptance of overseas study tour, studying abroad and transfer programs.
Innovation major: Industrial Economics of Block Chain.
The teaching venues for training the first-phase students are Xujiahui Campus of Shanghai Jiaotong University, Fudan University, Bund Campus of China Financial Information Center, Sun Yat-sen University and Nanjing University.
HKAC has the right of controlling teaching quality, ans reserves the right to conduct annual inspection, evaluation and supervision of Shanghai Teaching Center, as well as random spot check of teaching quality.
As of January 2019, more than 10 internationally renowned universities have reached the intention of international educational cooperation and mutual credit recognition with HKAC, and some of them have signed the Cooperation Agreement. Such international universities mainly include City University of Hong Kong, Leeds Beckett University, Malaysia University of Science and Technology, University of California, Los Angeles, Saint Joseph’s University and University of Illinois - Urbana - Champaign, NIpissing University and Simon Fraser University in Canada, EMLYON Business School, France (French: école de management de Lyon). Please refer to www.hkac.edu.hk for details.
Graduates are certified by institutions affiliated to Shanghai Jiaotong University, Sun Yat-sen University and Nanjing University.
The official website of HKAC, which has been officially approved and registered by the competent authorities of the Hong Kong Government, is www.hkac.edu.hk. All students’ status are registered on the HKAC’s official website and on the website of Shanghai Talent Evaluation and Identification Center (www.china-ta.org), the only independent third-party professional academic degree certification institution in China.
XVII. Contact Information of Shanghai Teaching Center
Tel: 21-62513077，021-62513166; 13564045060
信箱： firstname.lastname@example.org; email@example.com
E-mail: firstname.lastname@example.org; email@example.com
Wechat number: 18017511158; Contact person: Mr. Sun, Mr. Wang.
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HKAC Shanghai Teaching Center