Faculty Strength

By the summer of 2024, the number of full-time faculty members has increased to 135. SME holds research and teaching in high regard, and diligently adheres to international standards when selecting esteemed professionals as our professors. This commitment ensures that our faculty comprises top experts in their respective fields, reflecting our steadfast dedication to excellence. They all received Ph.D. degrees from prestigious universities internationally and many professors are leading experts in academic fields or industries.

Seventy percent of the professors hold a PhD from universities in the Americas, 20% from universities in Asia, and 10% from universities in Europe. The faculty team is diverse in nationality, with 112 professors from China (including 14 from Hong Kong, China and two from Taiwan, China), five from the United States, one from Brazil, nine from the ROK, two from the Netherlands, three from Canada, one from Malaysia, one from Thailand, and one from Italy.

71 domestic and international honorable awards

17 national (global) top awards, 40 best paper awards, five outstanding achievement awards, four best reviewer awards, and five other awards.

Prof. Xiong Wei

• 2015 Sun Yefang Financial Innovation Award
• 2018 China Economics Award
• 2022 World’s Top 2% Scientists
• 2023 Fellow of The Econometric Society
• 2023 World’s Top Scientists – Best Economics and Finance Scientists
• 2024 World’s Top Scientists – Best Economics and Finance Scientists

Prof. Ai Chunrong

• 2021 Fellow of The Econometric Society
• Consecutive Years Highly Cited Chinese Researchers

Prof. Jia Jianmin

• 2019 Fudan Outstanding Contribution Award of Management
• 2022 Shenzhen Science and Technology Progress Award, The First Prize

Prof. Wang Jian

• 2017 The Pu Shan Award for Distinguished Paper on World Economics

Prof. Ye Haichun

• 2018 Sun Yefang Financial Innovation Award

Prof. Zhao Jianliang

• 2023 World’s Top Scientists – Best Computer Science Scientists
• 2024 World’s Top Scientists – Best Computer Science Scientists

Scientific Research Achievements

According to the latest UTD Top 100 World Rankings of Business Schools Based on Research Contribution 2022-2024, SME is ranked No. 81 worldwide and No.3 among Chinese mainland business schools.

The research papers have seen continuous growth in both publication quantity (from scratch to 403) and quality. Among them, eight were published in the top five journals in economics, 20 in the top three journals in finance, 91 in UTD24 journals, and 135 in FT50 journals.

The top five journals of economics, namely, American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, Journal of Political Economy, and Econometrica, are considered the gold standard in the academic community of economics. According to statistics, from 2014 to 2024, eight papers from the SME were published in the top five journals, garnering high attention for their academic value.

Prof. Xiong Wei

• Credit Expansion and Neglected Crash Risk, Quarterly Journal of Economics
• Banking Crises without Panics, The Quarterly Journal of Economics
• China's Model of Managing the Financial System, The Review of Economic Studies

The top three journals in finance — Journal of Finance, Journal of Financial Economics, and Review of Financial Studies — are benchmarks for high-quality financial research publications. According to statistics, from 2014 to 2024, 20 papers from the SME were published in the top three journals, making significant contributions to financial research.

Prof. Dai Liang

• Disclosure of Bank-Specific Information and the Stability of Financial Systems, Review of Financial Studies

Prof. Ding Yi, Prof. Xiong Wei, Prof. Zhang Jinfan

• Issuance Overpricing of China's Corporate Debt Securities, Journal of Financial Economics

Prof. Hu Zhongchen

Social Interactions and Households' Flood Insurance Decisions, Journal of Financial Economics 

Prof. Huang Zongbo

• Quantifying Reduced-Form Evidence on Collateral Constraints, Journal of Finance

Prof. Liu Hongqi

• Taming the Bias Zoo, Journal of Financial Economics 

Prof. Shen Rui

• Measuring Corporate Culture Using Machine Learning, Review of Financial Studies

Prof. Sui Pengfei

• Asset Pricing with Return Extrapolation, Journal of Financial Economics

Prof. Wei Xiong

• Market Segmentation and Differential Reactions of Local and Foreign Investors to Analyst Recommendations, Review of Financial Studies 
• Economic Consequences of Housing Speculation, Review of Financial Studies
• Learning about the Neighborhood, Review of Financial Studies
• The whack-A-Mole Game: Tobin Taxes and Trading Frenzy, Review of Financial Studies
• Decentralization Through Tokenization, Journal of Finance

Prof. Zhang Bohui

• Who Captures the Power of the Pen? Review of Financial Studies
• Global Political Uncertainty and Asset Prices, Review of Financial Studies
• Is Information Risk Priced? Evidence from Abnormal Idiosyncratic Volatility, Journal of Financial Economics
• Stock Market Liberalization and Innovation, Journal of Financial Economics

Prof. Zhang Jinfan

• Ripple into Waves: Trade Networks, Economic Activity and Asset Prices, Journal of Financial Economics
• Is There Investment Value in Soft Dollar Arrangements? Evidence from Mutual Funds, Review of Financial Studies

As one of the top journals in management science, Management Science has a profound impact on both academia and practical circles. According to statistics, from 2014 to 2024, 19 papers from the SME were published in Management Science, providing scientific evidence and innovative tools for management decision-making.

Prof. Gong Zheng

• What the Past Tells about the Future: Historical Price in the Durable Good Market, Management Science 

Prof. Huang Zongbo

• Asset-side Bank Runs and Liquidity Rationing: A Vicious Cycle, Management Science 

Prof. Chiu Peng-Chia

• Cater to Thy Client: Analyst Responsiveness to Institutional Investor Attention, Management Science
• Taxes in Non-GAAP Reporting: Evidence of Strategic Behavior in Selecting Tax Rates Applied to Exclusions, Management Science

Prof. Shi Duo

• 3D Printing and Product Assortment Strategy, Management Science 

Prof. Tong Shilu

• Information Sharing in a Supply Chain with a Common Retailer, Management Science 
• On the Impact of Uncertain Cost Reduction When Selling to Strategic Customers, Management Science 

Prof. Wang Cong

• Labor Unemployment Risk and CEO Incentive Compensation, Management Science 

Prof. Wang Jian

• Lottery-Related Anomalies: The Role of Reference-Dependent Preferences, Management Science 

Prof. Xiong Wei

• A Model of Cryptocurrencies, Management Science 

Prof. Zhang Bohui

• Trust, Incomplete Contracting, and Corporate Innovation, Management Science 
• Panda Games: Corporate Disclosure in the Eclipse of Search, Management Science 

Prof. Zhang Chenglong

• Two-sided Platform Competition in Sharing Economy, Management Science 

Prof. Zhang Linyi

• Unleashing the Crowd: the Effect of Social Networks in Crowdfunding Markets, Management Science 

Prof. Zhang Yiming

• Delay Information in Virtual Queues: A Large-Scale Field Experiment on a Major Ride-Sharing Platform, Management Science 

As one of the top academic journals recognized by global scientific communities, the Proceedings of the National Academy of Sciences (PNAS) and its sibling journal have a significant impact on advancing scientific progress and academic exchange. According to statistics, from 2014 to 2024, four papers from the SME were published in PNAS and its sibling journal (PN AS Nexus), drawing widespread attention for their academic and application value.

Prof. Huang Kanyuan

• Sharing Names and Information: Incidental Similarities between CEOs and Analysts Can Lead to Favoritism in Information Disclosure, Proceedings of the National Academy of Sciences of the United States of America (PNAS)

Prof. Jia Jianmin

• Emergency Communications after Earthquake Reveal Social Network Backbone of Important Ties, PNAS Nexus

Prof. Pan Xinyue

• Explaining the Evolution of Gossip, Proceedings of the National Academy of Sciences of the United States of America (PNAS)

Prof. Wu Tao

• Examining the Generalizability of Research Findings from Archival Data, Proceedings of the National Academy of Sciences of the United States of America (PNAS)

Nature, one of the world’s oldest and most renowned scientific journals, is famous for its high-quality original research reports. It involves various fields, such as life sciences, physical sciences, and social sciences. According to statistics, from 2014 to 2024, a total of four papers from the SME were published in Nature and its sibling journals (Nature Communications and Nature Sustainability), earning high recognition from the international academic community for their scholarly influence.

Prof. Han Ruobing

• Hybrid Working from Home Improves Employee Retention without Damaging Performance, Nature

Prof. Jia Jianmin

• Population Flow Drives Spatio-Temporal Distribution of cOVID-19 in China, Nature
• Triadic Embeddedness Structure in Family Networks Predicts Mobile Communication Response to a Sudden Natural Disaster, Nature Communications

Prof. Zhang Peng

• Estimating the Role of Air Quality Improvements in the Decline of Suicide Rates in China, Nature Sustainability

A total of 59 scientific research programs have been funded, totaling 26.13 million yuan.

▪ 48 national grants

▪ 5 provincial and ministerial grants

▪ 2 municipal grants

▪ 4 district grants

Fourteen books have been published by our knowledgeable faculty team who have continuously exerted an academic impact.

Talent Cultivation

A total of 10,186 students have been enrolled, including 5,777 undergraduates, 4,325 master students, and 84 doctoral students.

▪ CUHK-Shenzhen has topped its Guangdong peers with the highest enrollment cut-off point of National College Entrance Examination for nine consecutive years.

▪ Nearly 96% of the freshmen of full-time postgraduate programmes in 2023 came from Project 985/211 (higher education development and sponsorship schemes of the Chinese central government for creating world-class higher education institutions) universities, “Double First-Class” (World First-Class Universities and First-Class Academic Disciplines) universities, and prestigious institutions of higher education ranking top 200 of the QS World University Rankings.

▪ The Application to Admission Ratio for its MPhil-PhD programmes was 6.29% in 2019 and 3.72% in 2024, with the number of applicants keeping increasing.

Discipline Development and Student Support

Six core majors with deep integration of theory and practice

▪ Finance

▪ Economics: Business Economics, Economic Science

▪ Professional Accountancy: Accounting and Financial Reporting, Accounting and Data Analytics

▪ Global Business Studies: Global Business Management, Global Supply Chain and Logistics Management

▪ Marketing and Communication: Managerial Marketing, AI Marketing

▪ Financial Engineering: Quantitative Finance, FinTech

From 4 to 13: A Steady Increase in Undergraduate Curricula

▪ SME is among the few in China that has gained the Association to Advance Collegiate Schools of Business (AACSB) accreditation, a prestigious recognition held by only 6% of business schools worldwide.

▪ Its Professional Accountancy has been accredited by the Certified Practising Accountant (CPA) Australia, the Hong Kong Institute of Certified Public Accountants (HKICPA), and the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA).

▪ SME has been qualified as a first-class undergraduate professional construction site in Guangdong Province for Finance, Economics, Professional Accountancy, Financial Engineering, and Global Business Studies.

▪ The “Fintech Theory and Practice” was hailed as the 2023 First-Class Undergraduate Course in Guangdong Province.

Academic Mentorship Dedicated to Student Development

▪ Academic Support and Emotional Care

▪ Personalized Study Plans and Guidance

▪ Orientation for Freshmen and Resource Exploration

▪ Professional Q&A and In-Depth Guidance

▪ 111 Full-time Professors as Academic Mentors with 170 Group Meetings and 300 One-on-One Guiding Sessions

Nine Flagship Programmes to Continuously Innovate the Business Education System

Full-time Postgraduate Programmes

• MSc in Finance: FinTech, Corporate Finance and Investment
• MSc in Economics: Macro-Finance, Economic Data Science, Economic Science
• MSc in Accounting: Professional Accountancy, Accounting Analytics
• MSc in Data Science: Big Data Analytics, Business Analytics
• MSc in Marketing: Managerial Marketing, AI Marketing
• MSc in Information Management and Business Analytics: Information Management, Business Analytics

Part-time Postgraduate Programmes

• EMSc in Supply Chain and Logistics Management
• MSc in Finance
• MSc in Business Management
• Executive Master of Business Administration in Finance

MPhil-PhD Programmes

• MPhil-PhD in Economics
• MPhil-PhD in Finance
• MPhil-PhD in Accounting
• MPhil-PhD in Marketing
• MPhil-PhD in Information Management and Business Analytics

Global Exposure

▪ In collaboration with 126 overseas universities to engage in high-level international collaborations, including 33 in the Americas, 56 in Europe, and 37 in the Asia-Pacific region

▪ 185 regular study abroad programmes to foster cross-cultural communication, including 82 exchange programmes and 28 visiting programmes

▪ 75 international summer programmes

▪ 10 combined bachelor-master arrangement programmes

▪ Outstanding Application Success for Exchange and Visiting Programmes with 35 students receiving offers from the University of Oxford’s Visiting Student Programme, 152 receiving offers from the Pembroke Cambridge Summer Programme, and 92 receiving offers from the University of Cambridge Girton College Summer Programme

Student Life

Further Education and Employment

The overall employment rate of six sessions of graduates exceeded 95%.

▪ Further Education: The proportion of graduates pursuing advanced degrees at the top 50 universities worldwide steadily increased from 63.64% in 2018 to 74.03% in 2023.

▪ Employment: From 2018 to 2023, their average annual salary increased by 17.8%.

Diverse and Rich Career Development Activities

Over 5,800 one-on-one career counseling sessions, over 300 enterprises and institutions as partners, over 310 off-campus career mentors, over 800 career development events, and over 7,300 full-time/internship job opportunities

The overall employment rate of six sessions of full-time master graduates exceeded 97%.

• Employment: From 2018 to 2023, their average annual salary increased by 42.4%.
• Further Education: From 2018 to 2023, their further education rate increased by 4.1%.

Student Achievements

Undergraduate Students

They engaged in nearly 85 domestic and international business case competitions and secured 40 championship titles: five champions (South China) in the CFA Institute Research Challenge, seven national champions in the L’Oréal BRANDSTORM, and five champions in the HSBC Business Case Competition (Southern China).

Master Students

Achievements in National Competitions

• First Prize of the 2018 National College Internet Application Innovation Competition (Northeast Region)
• First Prize of the Third National Computer Competition for Colleges and Universities in 2021
• First Prize of the Seventh “China Financial Futures Exchange Cup” National College Student Financial Knowledge Contest hosted by the China Futures Association
• National Champion of the Alibaba Future Shaper Challenge
• Silver Medal of the 2021-2022 Third China Collegiate Algorithm Design & Programming Challenge Contest (Autumn Competition) (Team Competition Group)
• Second Prize of the 2021 International FinTech Competition for College Students Finals
• Third Prize of the 8th BHP Chair of Australia Studies Translation Competition in 2020
• Third Prize of the Third “Nine Harness Cup” University FICC Simulation Training Competition
• Third Prize of the Fifth China Parallel Application Challenge on Domestic CPU in 2021
• Bronze Medal of the 2021-2022 Third China Collegiate Algorithm Design & Programming Challenge Contest (Autumn Competition) (Individual Competition)
• Best Non-Machine Learning Award of the Global AI Transmission Competition (AI-Trans)
• Honorable Mention of the 2020 International Collegiate Programming Contest (ICPC) Asia Regional Finals

Doctoral Students

Published Papers

• Jinfan Zhang, Dandan Li, Huancheng Du. Do IPO Pricing Caps Contain New Stock Price? Evidence from the Secondary Market. Journal of Financial Research, Issue 1, 2020. (Dandan Li from the Admitted Class of 2019 in Finance)
• Xiangqian Huang, Clark Liu, Tao Shu," Factors and anomalies in the Vietnamese stock market",
• Pacific-Basin Finance Journal, Volume 82, December 2023,102176. (Xiangqian Huang from the Admitted Class of 2019 in Finance)
• Dongmin Kong, Chenhao Liu, Wenxu Ye, "Randomized inspection and firm's government subsidies: A natural experiment in China", China Economic Review, Volume 82, December 2023,102064. (Wenxu Ye from the Admitted Class of 2023 in Economics)
• Xiao Chen, Gangxing Guo," Air pollution and online lender behavior: Evidence from Chinese peer-to-peer lending", Journal of Behavioral and Experimental Finance, Volume 42, June 2024,100919. (Gangxing Guo from the Admitted Class of 2022 in Finance)

Conference Paper

• Shaokui Wei, Jiayin Liu, Bing Li, Hongyuan Zha, "Mean Parity Fair Regression in RKHS", Proceedings of The 26th International Conference on Artificial lntelligence and Statistics (AISTATS)2023, Valencia, Spain. PMLR 206:4602-4628. (Jiayin Liu from the Admitted Class of 2022 in Economics)

Conference Presentations

• Dan Su, "Nutrition, Health, Cognitive skills and Behavior Scales: Evidence from Students' Nutrition lmprovement Program", 2023 Asian Meeting of Econometric Society, June 2023, Beijing & The 7th China Labor Economics Forum, July 2023, Hangzhou. (Dan Su from the Admitted Class of 2021 in Economics)
• Maobin Xu," No News is Bad News: Strategic Disclosure on Online Interactive Platforms",2023 China Fintech Research Conference, June 2023, Chengdu. (Maobin Xu from the Admitted Class of 2021 in Finance)
• Gangxing Guo," Can Online Platforms Break Distance Constraints? Evidence from Chinese Peer-to-Peer Lending", The Pacific-Basin Finance Journal (PBFJ) special issue conference on " Artificial Intelligence and Machine Learning in Corporate Finance", Dec 2023, Xiamen. (Gangxing Guo from the Admitted Class of 2022 in Finance)

Important Awards

• Enrolled in and recognized by the China Wealth Management 50 Forum (CWM50) Young Research Talent Training Program. (Li Dandan, MPhil-PhD in Finance, 2023)
• The “Dream for a Strong Country” Guotai Junan Scholarship:
• Zhang Yuzhe, MPhil-PhD in Finance, 2023
• Dong Wenyi, MPhil-PhD in Finance, 2023

Student Activities

Nearly 530 student activities were held by eight student associations.

SME has established eight student associations: the Finance Club, Accounting Club, Economics Club, Marketing Club, Supply Chain and Logistics Management Club, Management Association, Internship / Job-hunting Committee, and Toastmasters Club. These associations provide platforms for students to communicate and share experiences. SME also offers financial support and mentorship resources for each association to help them thrive.

School Activities

▪ SME Orientation

▪ SME School Day

▪ SME Christmas Party

▪ SME Graduation

Innovation and Entrepreneurship

Outstanding entrepreneurial programs of 455 SMEers won multiple awards and funds.

Academic Forums and Events

Nearly 40 high-profile academic forums and events were organized.

♦  International Symposium on Housing and Financial Stability in China in December 2015

♢  China Economic Symposium in May 2016

♢  International Finance Conference in December 2016

♦  Hong Kong-Shenzhen Summer Finance Conference in August 2017

♢  Greater Bay Area Economy and Development Forum in May 2018

♢  The 2018 University Fintech Competition & Fintech Summit in July 2018

♢  Conference on Fintech, Central Bank Policies, and Financial Stability in December 2018

♢  Sino-British Conference on Shadow Banking and Financial Stability in December 2018

♦  Mostly OM 2019 Workshop in May 2019

♦  The First Greater Bay Area Chief Economist Forum in June 2019

♦  International Forum of Marketing Science & Applications in June 2019

♦  The 1st Sustainable Finance Forum in July 2019

♦  The 2019 University Fintech Competition & Fintech Summit in July 2019

♦  Conference on Energy Market and Energy Finance in China in September 2019

♢  The 2nd Greater Bay Area Chief Economist Forum in July 2020

♢  Chinese Economy Working Group Meeting of the National Bureau of Economic Research (NBER) in December 2020

♦  The 2nd Sustainable Finance Forum in July 2021

♦  The 13th Annual Research Conference of Chinese Accounting Professors Association of North America (CAPANA 2021) in July 2021

♦  The 3rd Greater Bay Area Chief Economist Forum in July 2021

♦  International Conference on Smart Finance (ICSF) in August 2021

♦  The 2021 University Fintech Competition & Fintech Summit in September 2021

♦  The First Lakeside Financial Forum in October 2021

♦  Five-Star Workshop in Finance in November 2021

♦  The 13th Workshop on Behavioral Operations Management in December 2021

♢  Asian Meeting of the Econometric Society in China 2022 in June 2022

♢  The 4th Greater Bay Area Chief Economist Forum in July 2022

♢  International Sustainable Financial Elements Empower the Innovative Development of the GBA  CUHK-Shenzhen Lakeside Finance Forum in November 2022

♢  The Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurs Forum in November 2022

♦  The Sixth China Marketing Summit in April 2023

♦  CUHK-Shenzhen Forum of Asian Accounting Scholars 2023 in May 2023

♦  International Biodiversity Finance Conference in June 2023

♦  Greater Bay Area Chief Economist Forum 2023 in July 2023

♦  2023 Global Sustainable Development Conference in August 2023

♦  The Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurs Forum 2023 in November 2023

♦  The 5th PHBS-CUHKSZ Economics and Finance Workshop in November 2023

♦  NBER Conference on the Chinese Economy Joint with CUHK-Shenzhen in December 2023

♦  The 14th Journal of Financial Research Forum in December 2023

♦  The events garnered significant attention from industrial and academic communities, with peak viewers exceeding 2.3 million per session.

Academic Activities

▪ 761 seminars were held with a total audience of 9,856. The keynote speakers were from four continents.

▪ Over 80% of the keynote speakers in the Distinguished Lecture Series organized by Shenzhen Finance Institute and SME turned out to be outstanding talents in academia/industry.

▪ Live-streaming was conducted on six platforms, with peak viewers exceeding 400,000 per session.