Zhejiang News Client Reporter Ji Yuya Correspondent Zhao Lei
On May 26, Yingyang Institute of Financial Technology (hereinafter referred to as: Yingyang Institute), jointly established by Zhejiang University of Finance and Economics and Zhejiang Yingyang Asset Management Co., Ltd., was established.
As the first financial technology college established by a university in our province, Yingyang College will begin recruiting undergraduate students in July this year, with an initial enrollment of about 80 students. The college has two undergraduate majors: Financial Engineering and Financial Mathematics, both of which are in the direction of financial science and technology innovation. They have two outstanding characteristics: practical application and cross-complexity. They are a combination of Internet finance and big data finance. The financial engineering major is a national first-class undergraduate major construction site, one of the first batch of provincial first-class undergraduate major construction sites, and a provincial emerging specialty major. Financial mathematics is a nationally-designed cross-disciplinary major.
The college is committed to cultivating high-quality innovative and applied financial technology talents who systematically master the basic theories of economics and finance, apply mathematical theoretical methods and computer technology, and cross-integrate new generation digital technologies such as artificial intelligence, big data, cloud computing, blockchain, etc.
Lou Dong, chairman of Zhejiang Yingyang Asset Management Co., Ltd. and founder of Yingyang Financial Technology College, is a 1998 alumnus of Zhejiang University of Finance and Economics. He said: "In 1996, the school built a securities laboratory, which was at the forefront in the country. I was one of the earliest beneficiaries of the laboratory, which opened the door to a new world for me. The computers in the laboratory display real-time market conditions and can conduct simulated transactions. This means that the theoretical knowledge learned in the classroom can be operated in the computer room."
It is precisely because of this experience that Lou Dong deeply feels that textbook knowledge and teaching practice are both important. "I hope it can become a model of school-enterprise cooperation. Students can not only learn theoretical knowledge of financial technology, but also be exposed to real industrial scenarios and do the latest research topics. In layman's terms, it is like jumping into the sea and learning to swim, ultimately achieving a win-win situation for enterprises, schools and students," Lou Dong said.
According to Zhang Wenyu, dean of Yingyang College of Finance and Technology, traditional financial majors have been severely challenged, and the introduction of artificial intelligence has turned all walks of life into a mess. In recent years, machine substitution has caused financial institutions to cancel campus recruitment for many positions, but has bucked the trend and increased special campus recruitment for financial technology positions.
"Because artificial intelligence alone cannot complete complex and diverse financial businesses, only fintech talents can play the leading role and help machines become supporting roles. Finally, financial business innovation and process reengineering can be achieved through human-machine collaboration. Traditional financial talents are like experienced old Chinese medicine, and pure computer talents are like emerging Western medicine. Then fintech talents are the leaders of medical expert groups that integrate human-machine and Chinese and Western medicine. To defeat the new crown epidemic, we must integrate human-machine and combine Chinese and Western medicine." Zhang Wenyu said. Yingyang College implements the "dual lecturer system" of small class teaching and the full-process "dual tutor system", and establishes college scholarships and student investment funds to encourage students to carry out professional learning, subject competitions and investment practices, etc., to achieve an organic integration of classroom teaching and innovative practice.
The school will benchmark the introduction of teachers and the construction of student training programs in line with the financial technology colleges of well-known universities at home and abroad, cross-integrate with the school's emerging digital technology disciplines and advantageous economic and financial disciplines, and jointly explore the integration of industry and education, collaborative education with Yingyang Asset and other domestic and foreign first-class financial technology innovation companies, and realize the organic integration of the education chain, talent chain, industry chain, and innovation chain.
"The establishment of Yingyang Financial Technology College is an important milestone in the development of in-depth cooperation between alumni enterprises and their alma mater. It is also a vivid practice of actively implementing the spirit of the national policy on deepening the integration of industry and education and focusing on the cultivation of first-class applied talents. The school will recruit students based on social needs and market needs, and fully develop We will leverage the industry advantages and resources of school-enterprise cooperation to explore the path of characteristic industrial colleges co-constructed and managed by schools, industries, and enterprises, continuously improve school-running capabilities and levels, and cultivate more first-class talents who can adapt to and lead the development of the modern financial technology industry," said Li Jinchang, Secretary of the Party Committee of Zhejiang University of Finance and Economics.
