PKU Guanghua School of Management holds the first academic webinar in the new semester
Mar 16, 2020
Peking University, March 16, 2020: The Guanghua School of Management at Peking University has accelerated the pace of adopting digital transformation into business education.
On February 26, the Guanghua School of Management held the first academic webinar in the new semester of 2020. Xiong Wei, a professor at Princeton University in the United States and co-editor of the top international journal Journal of Finance, was invited to share his insights. Nearly 60 scholars from all over the world, including Princeton University in the United States and the University of Toronto in Canada, "gathered in Guanghua" through the Internet. This webinar was hosted by the Finance Department at the Guanghua School of Management.
This is another attempt of the Guanghua School of Management to make full use of communication technology to promote the reform of teaching and researching. It’s also a response to Peking University's recent call for online learning and online research amid the COVID-19 outbreak. With the beginning of Peking University's spring semester in 2020, Guanghua's undergraduate and MBA programs have been launched online, bringing a whole new experience to students.
Through online conference software, the webinar allowed participants to engage in an online discussion as effective as offline from all over the world. As the organizer, Professor Liu Xiaolei, dean of the Finance Department at the Guanghua School of Management, said that webinars offer incomparable advantages over traditional offline seminars. Webinars can break the limits of time and space, allowing overseas guests to join the discussion despite their busy schedules. Students and faculty members can also benefit from this kind of international exchanges.
Professor Xiong Wei joined the webinar from the United States and gave a lecture titled "China's Model of Managing the Financial System". Through the lecture, he explained his academic views and discussed with scholars from various countries. Xiong Wei analyzed the relationship between government policy and market stability. He incorporated the government mechanism into the existing western macro-financial model and introduced "market noise", which can reach different levels of equilibrium.
During the webinar that lasted one and a half hours, scholars "raised their hands" to ask questions concerning issues such as the uniqueness of Chinese financial markets, assumptions of models, rational government choices, and market effectiveness.
In the future, the Guanghua School of Management will invite more scholars from home and abroad to meet online to communicate and share their insights.
Written by: Li Yangyang
Edited by: Huang Yadan
Source: PKU News (Chinese)
