Tuesday, January 8: Today we attend lectures with a Director and Senior Lecturer of Finance at Singapore Management University and three speakers at the IMF-Singapore Regional Training Institute Office.
According to the university’s website, Singapore Management University (SMU) is internationally recognized for its world-class research and distinguished teaching. Established in 2000, SMU’s mission is to generate leading edge research with global impact and produce broad-based, creative and entrepreneurial leaders for the knowledge-based economy. Home to about 8,000 students, the school is known to be a pioneer in Singapore for its interactive and technologically-enabled seminar-style teaching in small class sizes.
At the undergraduate level, the school offers the Bachelor of Business Management (B.B.M.), a 4-year program with academic majors in the areas of Finance, Law, Management, Marketing, Quantitative Finance, and Operations Management. The school also offers 3 Master’s programs which are targeted towards executives. These programs are the Master’s of Science in Applied Finance, the Master’s in Business Administration, and the Master’s of Science in Wealth Management.
Later in the afternoon, we listen to three speakers from the IMF-Singapore Regional Training Institute office, which serves as the International Monetary Fund’s (IMF) regional training center for the Asia-Pacific region. It provides training on macroeconomic and financial management, and related legal and statistical issues, to government officials from 37 countries.
The STI is a joint venture of the IMF and the Government of Singapore, who together guide the training program. The STI helps further the work of the Singapore Cooperation Program, which coordinates the resources available in Singapore for technical assistance to other countries. The IMF receives substantial funding from the Government of Japan toward its share of the STI’s costs, with important additional support from the Government of Australia.
Each year more than 700 officials participate in STI events, and another 100 attend national or regional courses held elsewhere in the region. Since 1998, the STI has provided training to more than 10,000 officials (Welcome to the IMF – Singapore Regional Training Institute).
In the evening a group of us go out and have our first experience of an Asian nightclub: the Ministry of Sound at Clarke Quay. It has a rotating dance floor and smoke rising from floor vents. The waiter keeps intruding by sticking coasters under our drinks, on a glass table!