Page 108 - Undergraduate Research Opportunities Program Proceedings 2017-18

School of Business and Management
Department of Accounting

Supervisor: LI Xinlei / ACCT
Student: CONG Rong / QFIN Course: UROP1100, Spring
YIN Yuhan / IS UROP1100, Spring

This research is writing to discover the relationship between job promotion opportunities and prior working experience
in financial industry. Promotion scheme is an important factor for financial institutions to retain valuable employees and
effectively utilize human resource to accelerate future business development, when facing fierce competitions.
Therefore, this report own practical value for business and individual as it describes the potential factors that may affect
the promotion phases, which could be quantified as the year of the promotion they needed for certain position, and its
significance on it. After studying the promotions process from more than 100 the actual experience of industry expertise,
the results indicate that a few times of job-hopping, about once or twice, is beneficial for promotion speed while more
times may turn to bad influence. Meanwhile, the job hopping has less significant impact on the promotion process in
corporates comparing with financial industry. We also find that financial industry possess the characteristic of a
relatively faster and standard promotion track. Overall, the results are consistent with the double-side effect between
job-hopping frequency and promotion speed.

Supervisor: LI Xinlei / ACCT
Student: DIAO Liangke / ACCT Course: UROP1100, Spring

We study the interaction between an advanced business degree and people’s early career. Specifically, we examine how
the attainment of a MBA degree affects people’s choice on how long they stay in their first jobs. We find a tendency that
the MBA degree affects the inertia (period people stay on their first jobs), with the group of MBA holders leaving their
first positions quicker than the group without a MBA degree. This is consistent with the reasoning that MBA degree
equips its holders with better knowledge and skill; thereby the degree empowers them to choose the next companies
after the first ones more easily. We also find that the impact of MBA degree is present but different to the extent across
banking and non-banking industries. This could be explained by the naturally tight relationship between banking
industry and MBA degree. Overall, the results are consistent with the recognition in the job market and the bargaining
power a MBA degree is supposed to bring to its holders.

Supervisor: LI Xinlei / ACCT
Student: DONG Yu / SBM Course: UROP1100, Summer
LUNG Tsz Wah Kent / SBM UROP1100, Summer

We investigate the role of educational level in employment opportunity in the financial industry. Specifically, we focus
on subjects’ educational background and examine its relationship with their competitiveness in the job market, their
promotion speed within corporations and their accessibility to the first handsome errand. We find that top school non-
business graduates have competitiveness in the financial industry nowadays. We also discover that the higher MBA
ranking of the university, the faster its graduates to reach their first desirable job. This research not only owns practical
value for financial institutions to gain a better understanding of human resources management (HRM) but also benefits
job-hunters in terms of career planning.

Supervisor: LI Xinlei / ACCT
Student: LIU Xinyu / MAEC Course: UROP1100, Spring
LO Chun Lum Jeffrey / ECOF UROP1100, Spring

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