2019-2020 Annual Report School of Economics and Management Tsinghua University 2 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 1 Mission To Advance Knowledge and Cultivate Leaders for China and the World.
Aspiration To be a World-Class School of Economics and Management.
Core values Integrity Dedication Respect
Founded 1984 2020 2 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 3
Tsinghua SEM Overview Academic Influence
First-Level Disciplines Double First-Class Tsinghua SEM was the only Chinese SEM with four "Double-First
Class" disciplines—Management Science & Engineering, Business ering B line usin ng es Administration, Accounting & Finance and Economics & Econometrics. E s & Ad 4 4 ce m n i e n i is c t S r t a In 2020, Quacquarelli Symonds released the 10th QS World University t n i e o Full-Time Faculty Staff n g Rankings, in which 22 disciplines of Tsinghua has entered global top a n
a Departments 50. Tsinghua continued to rise in the rankings of Accounting & Finance, M Economics & Econometrics, Business & Management Studies and 4
159 420 secured a leading role among Asian business schools. s c
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Ph.D. Master's
STUDENT Tsinghua SEM at QS Ranking 2020 ENROLLMENT 362 702 Source: QS website
MBA EMBA Accounting & Finance Economics & Econometrics Business & Management Studies 1,338 1,243 2020 25 2020 28 2020 34
Degree Programs Non-Degree Programs 2019 27 2019 31 2019 39 33,772 93,792 2018 34 2018 37 2018 37 Collaborative Degree Programs Research Centers 3,464 42 ALUMNI 2017 39 2017 36 2017 40 4 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 5
Faculty Research
Full-Time Faculty Members Candidates in National With Overseas Ph.D. Talent Projects Journal Articles Published Publications 159 3 by School Faculty in 2019 31
With Ph.D. 155 Tatal Number New Research Projects 368 Government Sponsored Research Projects 70 Key Program Supported by National Major Project Supported by National Science Fund for Distinguished Excellent Young Scientists Fund, Special Government 1 Natural Science Foundation of China 1 Ministry of Education Young Scholars, National Natural National Natural Science Foundation Allowance Receivers Science Foundation of China of China General Program Supported by National Youth Project Supported by National 6 Natural Science Foundation of China 1 Social Science Fund of China 9 4 26 Young Scientists Fund Supported by National Post-Funded Project Supported by International Journals 2 Natural Science Foundation of China 1 National Social Science Fund of China
Emergency Management Program Supported by Others 2 National Natural Science Foundation of China 56 Supported by the “Program Fellows of International Outstanding Teacher Award 110 for New Century Excellent Talents” Academic Institutes of Beijing Higher Education of the Ministry of Education Institutions Enterprise-funded Research Projects 62
9 3 4 New Research Centers Chinese Core Journals • Tsinghua University-Rice University Joint • Research Center for AI Management, Research Center for Human Capital and School of Economics and Candidates of Talent Projects Sustainable Innovation Management,Tsinghua University Held by the National Cultural • Institute for State-owned Assets • Research Center for Interactive Administration 258 Management, Tsinghua University Technology Industry, School of • Research Center for Competitive Dynamics Economics and Management, and Innovation Strategy, School of Tsinghua University 2 Economics and Management, Tsinghua University 6 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 7
Highlights
Doctoral Class 2019 won the “Collective Award Tsinghua SEM students and faculty participated WEI Jie won the China Economic of Tsinghua University Graduates' Sailing Award” in the National Day celebration event Theory Innovation Award (2019)
Doctoral Class 2019 won the “Tsinghua University Graduates A total of 201 faculty and students participated in the Honghai Chair Professor WEI Jie from the department of Sailing Award Collective Award”, which is the first time that celebration for the 70th anniversary of the National Innovation, Entrepreneurship and Strategy, has won the the School has won the collective award. 75% of the students Day. Among them, 13 participated in the choir of the nineth China Economic Theory Innovation Award with WEI are employed by renowned universities, while 25% will carry conference and sang for the 70th birthday of the country; Xinghua from Renmin University of China and Hong Yinxing on academic research at public departments including the 25 joined the volunteer team and quietly help to keep from Nanjing University, for contributing to “research on General Office of the Communist Party of China and the order; 163 participated in the Tsinghua University's “Great the economic mechanism of state regulating market and National Development and Reform Commission. Renaissance” phalanx, parading with the cheer of "long live market guiding enterprises.” the motherland, cheer for the youth", showing Tsinghua people's energetic spirit. BAI Chong-En won the “New Century Education Tsinghua SEM signed cooperation Achievement Prize” of Tsinghua University agreement with London Business School CHEN Guoqing won the AIS Fellow Award 8 professors including BAI Chong-En, Mansfield Freeman Tsinghua SEM has signed a cooperation agreement with Chair Professor and Dean of Tsinghua SEM, won the “New Tsinghua SEM EMC Chair Professor CHEN Guoqing was London Business School for an official Dual Masters Tsinghua SEM signed cooperation agreement Education Achievement Prize” of Tsinghua University. It is the honored with the Fellow of AIS, as the first scholar from Degree Program between Tsinghua SEM Master of Finance with Sasin School of Management highest prize in education achievement in Tsinghua. mainland China to win the award since its first awarding by & London Business School Masters in Financial Analysis. Tsinghua SEM has signed a cooperation agreement with the Association for Information Systems in 1999. Sasin School of Management, Chulalongkorn University, Tsinghua SEM and Microsoft formed planning for joint development of the “Thai-Lab” Dean BAI Chong-En received the strategic cooperation in AI education management counseling program. The 2019 Advisory Board was held honorary title of “Economist of 2019” On October 18, 2019, the 2019 Advisory Board Meeting of In joint efforts with Microsoft, Cheung Kong Graduate In 2019, China Newsweek published its "Influential Person School of Economics and Management, Tsinghua University School of Business (CKGSB) and China Europe International of the Year" list, awarding BAI Chong-En as the “Economist LU Yi won the first Young was held, with 35 members present. This was the twentieth Business School (CEIBS), Tsinghua SEM has provided the of 2019”. Economist Award of China annual meeting since the Board was established. 6 first “Microsoft AI Business School” program in the world, members participated in face-to-face discussion with 6 which integrates offline interaction with online lectures. Professor LU Yi at the Department of Economics won the classes. ZHU Rongji, founding Dean of the School and first “Young Economist Award of China (2019)”. honorary chairman of the Advisory Board, expressed gratitude for the committee members. EMBA course system was upgraded ZHU Rongji, the founding Dean of Tsinghua In 2019, EMBA course system was upgraded, dividing SEM, wrote back to MBA freshmen the traditional general organization into three directions ZHAO Chunjun was honored with including industry leadership, entrepreneurship talent and On September 28th, 2019, all the freshmen of MBA program Fudan Management Awards financial technology, in order to fulfill students’ academic received a letter in reply from ZHU Rongji, the founding ZHAO Chunjun, professor at Tsinghua SEM, member of and vocational need in the background of rapid reforming. Dean of Tsinghua SEM. the Advisory Board and honorary president of the Chinese Academy of Management, won the Fudan Award for Lifetime Achievement in Management Science. 8 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 9
Undergraduate students achieved Tsinghua SEM offered series of open classes Dual Master's Degree Program in Business outstanding performance in the Central for students, alumni and society, sharing Analytics achieved satisfying employment European Case Competition 2020 comprehensive resource on xuexi.cn In 2019, Tsinghua-Columbia Dual Master's Degree Program In the Central European Case Competition 2020, guided Facing the crisis and challenges brought by the epidemic, in Business Analytics has achieved an employment rate of by professor JIAO Jie at the department of Innovation, Tsinghua SEM kept in mind the responsibilities of teaching 100%, with 94.4% of the students stepping into workplace Entrepreneurship and Strategy, Tsinghua SEM students and serving the society. Various programs and and 5.6% carrying on further study. Students from the undergraduates WANG Yikai, FENG Simiao, KE Yuxuan and relevant departments has carefully prepared a series of program was competitive, with each graduate obtaining 3.2 WANG Lu won the second place in the final competition as open classes, including the online classroom constructed offer in average. the representative team of Tsinghua. by the online education office, the Tsinghua SEM alumni lifelong learning project launched by the Alumni Tsinghua SEM Master of Finance Program Development Center and the Executive Education Center, was ranked 15th by Financial Times Tsinghua SEM Doctoral Class 2017 won the “cloud classroom” provided by the EMBA Education On June 15, 2020, Financial Times published its Master of Center, facing on-campus students as well as alumni, and the second prize in Beijing Universities Finance global ranking 2020. Among the 55 institutions on Red Culture “1+1” Activity 2019 the “Insight” lectures offered by the Research Center for the list, Tsinghua SEM ranked 15th, remaining a leading Enterprise Development, Mergers and Acquisitions in China, position in Asian Financial programs. Tsinghua SEM Commencement 2020 was Held In the Central European Case Competition 2020, guided Tsinghua University. The School organized open classes by professor JIAO Jie at the department of Innovation, On June 21, 2020, Tsinghua SEM held its Commencement into a series of “Tsinghua SEM lectures”, which has been Entrepreneurship and Strategy, Tsinghua SEM Tsinghua SEM won the first place in the HSBC 2020 through both offline activities and online video officially uploaded on xuexi.cn on April 26th, in order to undergraduates WANG Yikai, FENG Simiao, KE Yuxuan and Business Case Competition (North China) broadcast. Graduates and faculty representatives have serve the public and society while exerting the advantages WANG Lu won the second place in the final competition as presented at the offline ceremony while audience of the School, foster recovery of social and economic order In the in the HSBC Business Case Competition (North the representative team of Tsinghua. has participated by watching real-time video. The in the normalized epidemic situation, and assist enterprises China), guided by professor JIAO Jie from the department of commencement was hosted by Dean BAI Chong-En and to solve the management problems in resuming work and Innovation, Entrepreneurship and Strategy, Tsinghua SEM WHO Director-General Dr Tedros Adhanom Ghebreyesus production. undergraduates WANG Yikai, FENG Simiao, YANG Yuanyuan 4 Tsinghua SEM Professors were and QIN Rong won the first place as the representative delivered a speech online. selected into the List of Elsevier Chinese team of Tsinghua, winning a ticket to the final Asian Pacific Most Cited Researchers 2019 competition. Executive Education Center launched
In 2020, Elsevier released the list of most cited researchers new unbounded digital iLIVE in China of 2019. Dean of Tsinghua SEM and Mansfield Tsinghua SEM undergraduates won the interactive learning platform Freeman Chair Professor BAI Chong-En, along with QIAN special award of the “Challenge Cup” On July 2020, the Executive Education Center created a new Yingyi, senior professor at the department of economics, In the 16th “Challenge Cup” national university student boundless digital live interactive learning platform, enabled Tsinghua SEM, were selected into the list of “Economics, academic technology competition, Tsinghua University won lifelong learners with technology and content through the Econometrics and Finance”. CHEN Yubo, professor at the the championship with the highest team score together with "new infrastructure", and opened a new journey of China's Department of Marketing and Associate Dean of Tsinghua Beihang University. LI Chang, an undergraduate from the executive education. SEM, as well as Steven White, associate professor at the school, led his team to complete the work in economics— Department of Innovation, Entrepreneurship and Strategy “Poverty Identification in Accurate Poverty Alleviation: were selected into the list of “Business, Management and Welfare Loss and Solutions—Investigation and Empirical Accounting”. Research Based on West, East and Northeast China", and won the special award. 10 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 11
Undergraduate Programs Doctoral Programs
Undergraduate Degree Programs Employment
Undergraduate education at Tsinghua SEM sticks to a three-prong For Jobs For Graduate Studies Others The goal of doctoral program is to train top research talents in In recent years, Ph.D. graduates who have entered major education program of “value formation, capability development 18.4% 75.4% 6.2% economics and management for universities, government and universities and research institutes are mainly employed by top and knowledge acquisition”, putting “value formation” at the first other research institutions with multi-discipline advantage, Chinese ones including Peking University, Nankai University place. In 2019, the School has continually optimized the general especially teachers for key universities at home and abroad. The Renmin University of China, Central University of Finance education course system, adding “Computer Intelligence and Data School pays attention to improving the quality of doctoral student and Economics and University of International Business and 0 20 40 60 80 100 Science” as a compulsory program. In 2020, it continues to perfect cultivation, with an all-round doctoral education system and such Economics as well as overseas ones such as Singapore National the system by establishing 6 major course modules, including educational concepts embodied in all aspects of its training. In University and Melbourne University and Tilburg University. “understanding civilization”, “exploring society”, “scientific Industry 2019, six courses in Tsinghua SEM were selected as the excellent thinking”, “discernment, communication and leadership”, courses (for graduates) in Tsinghua University. In 2019, 75% of “creativity, imagination and innovation” and “global competence”, Technology / New Media / Telecom 33.3% the students in Tsinghua SEM Doctoral Class 2019 have been as well as successfully offers 102 online courses during the spring employed by renowned universities, resulting in the highest Investment 24.3% semester. The new Computer Science & Finance Undergraduate proportion of academic employment of doctoral graduates in the Employment rate of academic institutes Dual Degree program will be provided since the fall semester. Real Estate 15.2% School over the years. Doctoral Class 2019 won the “Tsinghua for doctoral graduates University Graduates Sailing Award Collective Award”, which is Consulting 9.1% the first time that the School has won the collective award. Student Distribution Class 2022 Class 2023 Class 2024 Investment Banking 9.1% % % Financial Services 3.0% Total 246 16.3 5.7 Manufacturing 3.0% % % % Total International Hong Kong, Macao Admissions 46.9 69.6 69.0 Admissions Students and Taiwan Students Others 3.0%
21.2% State-owned Enterprise
Type
15.2% 63.6% Foreign-invested Government Joint Venture Institution
Second Degree Undergraduate Programs
Second Degree Second Degree Undergraduate Undergraduate Program in Program in Economics 300 Management 297
*Admissions of Class 2023, from 31 schools and departments of Tsinghua University 12 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 13
Master’s Programs
In 2019, the master's program continued to pursue high-quality Employment enrollment, expand influence and promote internationalization. High-quality exam-free recommendation for full-time master's degree was achieved, with more than 400 applicants who 12.5% 12.4% have been graded the first in their department or “National Government Foreign-invested Scholarship” owner. In response to the School’s need and for Institution Joint Venture industrial upgrading and new talents, and to provide talents for Guangdong-Hong Kong-Macao Greater Bay Area, the School launched the Advanced Financial Management and Big Data program, and added a financial technology direction in the Master of Finance Program. In November 2019, the Master of Finance Program has launched a dual degree cooperation. The Type School ranked 15th in the Master of Finance global ranking 2020 published by Financial Times, with an alumni salary ranked 2nd, remaining a leading position in Asian Financial programs. In Master in Management 2019, CEMS Program ranked high among 30 league universities all over the world, and Tsinghua-Columbia Dual Master's Degree Program in Business Analytics has achieved an employment rate 20.9% 54.2% of 100%, with each graduate obtaining 3.2 offer in average. Private Enterprise State-owned Enterprise Total Admissions Master of Finance Industry Investment Banking / Security 28.8% Employment Investment 20.3%
Finance-Commercial Banking 11.1% 6.5% 51.6% Total Industry Admissions Government 11.1% Government Foreign-invested Institution Joint Venture Consulting 41.9% Financial Services 5.9% Technology / New Media / Telecom 22.6% Finance-Fund 4.6%
Investment Banking / Security 9.7% Technology / New Media / Telecom 4.6%
Financial Exchanges 3.9% Sales / Retailing 6.6% Type Banking 2.0% Government 3.2%
Sales / Retailing 2.0% Finance-Policy Banking 3.2% Consulting 1.3% Manufacturing 3.2% Real Estate 1.2% Education / Training 3.2% Media / Entertainment 0.6% 16.1% 25.8% State-owned Enterprise Private Enterprise Education / Training 0.6% Investment 3.2%
Others 2.0% Finance-Commercial Banking 3.2% 14 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 15
Tsinghua-Columbia Dual Master’s Degree Tsinghua-SMU MCFO & MPAcc Dual Degree Program Program in Business Analytics
Total Total Admissions Admissions 29
Employment Industry Student Distribution
23.5% 5.9% Technology / New Media / Telecom 23.5% % Private Enterprise Foreign-invested Investment Banking / Security 17.6% 14 36 80 Joint Venture
Finance-Commercial Banking 17.6% Average Years of Working Experience Average Age Middle-level Manager
Investment 11.8% Type Finance-Policy Banking 11.8% % % % Government 5.9% 70 30 90
Financial Services 5.9% Financial Services Master’s Degree Holder Vocational Certificate Holder
Financial Exchanges 5.9% 23.5% 47.1% State-owned Enterprise Government Institution 16 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 17
MBA Programs
In 2019, Tsinghua SEM established AI education strategic the autumn semester, all MBA freshmen received a letter of cooperation with Microsoft, endeavoring to cultivate high- reply from ZHU Rongji, the founding Dean of the School. In end talents with AI literacy. The MBA course in commercial February 2020, with joined effort to fight the epidemic, MBA application of AI will be jointly provided in 2020. The Digital students and alumni made donations to purchase protective Strategy course newly opened in September, 2019, relies on materials for medical institutions. 36 MBA courses have been SAP's accumulation in the field of digital transformation to provided online. In May, the first enrollment lecture for MBA cultivate students' digital literacy. At the same time, the Global program was broadcast live online for the first time, attracting Competency Germany module enables students to appreciate nearly 20,000 viewers. This semester, "Tsinghua MBA Masters’ the charm of design thinking in SAP headquarters. In order to Talk" given by Professor YANG Bin, director of the Leadership improve the quality of theses and the academic atmosphere, Research Center, attracted nearly 1,000 Tsinghua SEM students MBA program has introduced anonymous review and voting and alumni. In June, the 2020 freshmen gathering was held to the evaluation of graduation theses. At the beginning of online for the first time.
Tsinghua Global MBA Program Tsinghua MBA Program (Part-time)
Student Distribution Student Distribution
Total Total 28 4.6 13 Admissions 82 33.3 9.4 36 Admissions 332 Average Age Average Years of Average Subordinate Average Age Average Years of Average Subordinate Working Experience Number International, Working Experience Number International, Hong Kong, Macao % Hong Kong, Macao % and Taiwan students 46.3 and Taiwan students 1.8 Employment
Industry Functions Industry Functions
Financial Services 34.4% Finance 41% Financial Services 28.9% Finance / Accounting 24.1%
Technology / New Media / Telecom 23% General Management / Management Trainee 19.7% Technology / New Media / Telecom 20.8% General Management 24.1%
Manufacturing 18% Marketing / Product Development 16.4% Real Estate and Decoration 8.4% Consulting / Strategy / Development 12%
Consulting 6.6% Consulting / Strategy 14.8% Manufacturing 8.1% Project Management 10.2%
Education / Training 6.6% Human Resource 3.3% Service Industry 6.6% Research 9.3%
Sale / Retailing 3.3% Accounting 3.3% Energy / Chemical Industry 6% Marketing / Product Development 8.1%
Real Estate 3.3% Operating / Manufacturing 1.5% Wholesale / Retail / Trade 3.6% Sales / Customer Relationship Management 6.6%
Pharmaceuticals / Healthcare 1.6% Media / Entertainment / Advertising Public Relations 3.3% Supply Chain Management 1.2%
Logistics 1.6% For Jobs For Startups Others Pharmaceuticals / Healthcare / Biotechnology 3.3% Human Resources / Administration 0.9% 79.2% 13% 7.8% Service Industry 1.6% Consulting 2.4% Public Service 0.6% Government / Institution / Nonprofit 1.5% Others 2.9%
Others 7.1% 0 20 40 60 80 100 18 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 19
EMBA Programs
The EMBA program takes "cultivating industry leaders and Program in aviation management in China, while cooperating shaping the future of enterprises" as its duty, continually with top French business schools. Enrollment quality of the improves the curriculum system, innovates the training comprehensive EMBA Class 2020 and the future technology mode, embraces opportunities and challenges, and has taken EMBA Class 2019 were steadily increased and the school solid steps on the road of fulfilling its mission. The program reputation and brand influence have continued to improve. In has upgraded the EMBA curriculum system, and based on 2019, the course “Knowing China (Humanities): Returning to the the four classic modules of “heaven”, “earth”, “human” and Southwest Associated University” was re-provided, spreading “communication”, strives to develop three new directions the spirit of "Self-Discipline and Social Commitment" of the including “industry leaders”, “science and innovation talents” Southwest Associated University. For seven consecutive times, and “financial technology”. The School has re-launch the first the EMBA Program has been ranked top on Manager’s best high-end Advanced Master of Business Administration (EMBA) Chinese EMBA list.
Tsinghua-INSEAD Dual Degree EMBA Program(TIEMBA) Tsinghua SEM EMBA Program
Student Distribution Student Distribution
Total Total 36 12 8 Admissions 58 39 16 11 Admissions 412 Average Age Average Years of Average Years Average Age Average Years of Average Years International, International, Working Experience of Management Hong Kong, Macao % Working Experience of Management Hong Kong, Macao % Experience and Taiwan students 72 Experience and Taiwan students 4
Industry Management Experiences Industry Management Experiences
Internet / Information Technology / Communication 22% 59% 41% Internet / Information 25% 70% 30% Insurance / Financial Service 16% Senior Management Middle-level Management Advanced Manufacturing 16% Senior Management Middle-level Management Logistics / Supply Chain Management 6% Real Estate / Architecture 16% Energy 6%
Electronics Manufacturing 6% Finance / Investment 15%
Food Manufacturing 6% 6% 6.5% 8.5% Commerce / Service 9% Industrial Automation 3% Others Others Foreign-invested Machinery and Equipment Manufacturing 3% Comprehensive Industry 5% Enterprise
Retailing 3% Healthcare 4% Auto Industry 3% Type Type Culture / Media 3% Healthcare 3%
New Energy / Environment 3% Others 7% Agriculture 3% 10% 84% 38% 47% Architecture 3% Private Foreign-invested Joint Stock Private Media / Entertainment 3% Enterprise Enterprise Company Enterprise Others 11% 20 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 21
Collaborative Degree Programs Executive Education Programs
In 2019, the Executive Education program continued to upgrade, successively launched strategic cooperation with Alibaba Group Tsinghua-CUHK MBA Program Tsinghua-Sotheby's Master's and Shenzhen Capital Market Institute, and launched four new in Finance (FMBA) Program in Art Business projects including "New Business Xuetang", "Leading Talents of Listed Companies", "Leading Talents of Securities Fund and Futures Industry" and "Leadership Plan of Energy Internet Industry". The School also optimized the "Central Enterprise Management Training Course (EMT Phase four)" and "New Era Private Entrepreneur Training Plan (Phase two)", which was highly praised by the Central Organization Department, the 70 27 State-owned Assets Supervision and Administration Commission, the Central United Front Work Department and the National Total Admissions Total Admissions Federation of Industry and Commerce. Exploring the frontier of business and technology and focusing on industrial upgrading, the Executive Education Center has also upgraded important brand projects such as Tsinghua-Qingteng Future Science and Technology School and YES Young Business Leaders Program, Tsinghua-ENAC-ENPC Program in Tsinghua-ENAC Specialized Master Program and held a series of high-quality industry forums about aviation Advanced Business Administration for in Aviation Management (Air Transport and automobile. As a bridge between colleges and enterprises, Airline Management(EMBA) Management / Airport Management) the Center actively promotes the connection between teachers and enterprises, supporting teachers' practical research, helping enterprises transform, and making outstanding contributions to cultivating Chinese entrepreneurs in the new era. 55 100 Total Admissions Total Admissions 6,561 96,638 7,772 Annual Trainee Total Trainee Annual Training Time Number Number
0.5% 0.5% Management Experiences Nonprofit Government 89% 11% 1.2% 72.6% Other Joint Stock Senior Management Middle-level Management Enterprise Type 2.3% 0.1% Private Government Enterprise Institution
14.3% 8.5% State-owned Foreign-invested Enterprise Enterprise 22 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 23
Education on Creativity, Innovation and Entrepreneurship
Tsinghua x-lab Tsinghua SEM X-elerator
Since its establishment 7 years ago, Tsinghua x-lab has been was held, and more than 30 innovative and entrepreneurial Tsinghua SEM X-elerator is a value-endowing ecology that carries committed to building an education ecosystem focusing on educators gathered together to discuss the innovation paradigm Tsinghua spirits and takes serving entrepreneurs as its core. Adhering creativity, innovation and entrepreneurship, and its educational of innovative education in colleges and universities under the new to the concept of "serving entrepreneurs" and the goal of "gathering talents from all over the world and educating young business leaders", Event Contact resources have continued to grow. On December 1, 2019, the situation. From the end of May to the beginning of June, Tsinghua it aims to build a service system of the "education+space+investment" first "SDG Open Innovation Marathon Challenge" final was held, x-lab hosted the matchmaking meeting between Tsinghua trinity. After five years' development, it has been contributing to fields attracting more than 600 people to participate and bringing more University and China Mobile, China Telecom and China Electric including the "great health industry". Early this year, Tsinghua SEM 65 63 than 100 specific innovative designs for sustainable development Power, and 40 entrepreneurial teams performed roadshows. X-elerator Great Health Innovation Lab started an online live broadcast goals. Due to the epidemic, on June 4, 2020, the 7th Tsinghua Since the outbreak of COVID-19, Tsinghua x-lab, as an important series titled "Lectures on Fighting Epidemic", and invited more than 50 12 Lectures on the Epidemic University "President's Cup" Innovation Challenge was launched part of Tsinghua University's innovative education system, has reputed professors, frontline hospital managers and senior investors online, attracting 65 entrepreneurial teams from Internet, actively explored online education methods. After nearly half a to analyze the health industry under epidemic, ended with more than 2 million views and more than 3 million clicks. In July 2020, with Reading environment, education, health, advanced manufacturing and year's research and practice, "Tsinghua x-lab Education Cloud View Institute for Hospital Management of Tsinghua University and GHDDI Rate other fields. From June 20 to June 21, the online forum of Platform" was officially launched. as academic support, the X-elevator launched an entrepreneurship "Innovation of Innovative Education in Colleges and Universities" education product called "Entrepreneur Club-Innovative Medicine (Phase I)", linking innovative pharmaceutical teams with the head 2 million + 3 million + resources of domestic and foreign innovative medicine experts, research institutes, medical institutions and professional capital, etc., Cumulatively from August 1,2019 to July 31,2020 to cultivate innovative talents for the industry.
Start-up Team Number (Grand Total) Graduate & Senior Manager Start-up Survival Rate Founder Ratio Second Degree Program in Management Number of Partcipating Number of Registered Project (Innovation, Entrepreneurship and Leadership) Students (Grand Total) Teams (Grand Total) 446 66.89% 40,000+ 1,601 Registered Students Courses % Total Financing Amount (Grand Total) Start-up Team Award (Grand Total) (Grand Total) (Grand Total) Financing Scale (Grand Total) 90 267 5 1.54 billion 61 8.53 billion
Entrepreneurs-in-Residence and Corporate Partners Start-up Team Award (Grand Total) Partner Institutes(Grand Total) IP (Grand Total) Innovative Training Program Angels-in-Residence (Grand Total) (Grand Total) (selective courses)
Registered Students Courses 60+ 500+ 55 320+ 2,536
Field Support International Events (Grand Total) (Grand Total) 751 31 Activity (Grand Total) International Activity (Grand Total) Event (Grand Total)
Cumulatively from April 2013 to July 2020 10 363 490+ 80+ 2.5 million +
*Cumulatively from January 2015 to July 2020 24 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 25
Alumni
Overview Alumni Highlights 2019
November The Alumni Day events in Shanghai was held, with 300 alumni participated. 2020
February March In the face of the sudden epidemic, many Since the spring semester of 2020, the alumni, alumni enterprises and alumni Alumni Center and the Executive Education Total Alumni Number organizations at home and abroad support Center at Tsinghua SEM have jointly the fight against the epidemic at the first launched a lifelong learning program for time. school alumni—the "Wen Dao Jing Guan" Organization 130,983 open class series. 33 April The second conference of the second council members of Tsinghua SEM Alumni Association was held online for the first time. Program Region Speciality
"The Dean Presented the School State to Alumni" event was held as scheduled 6 18 9 through online live broadcast. This activity On the occasion of the 109th anniversary opened an exclusive channel for alumni and of Tsinghua University and the 36th was broadcast live on the School official anniversary of Tsinghua SEM, Tsinghua Weibo account. SEM Alumni Association held the dialogue between alumni and students online. Undergraduate Ph.D. Master's MBA The Alumni Center, together with Tsinghua Business Review and Executive Education During the online anniversary celebration 9,489 1,168 4,625 12,279 Center, held the Tsinghua SEM alumni in 2020, the SEM Alumni Association online forum 2020 with the theme of "New organized more than 20 online activities Engines for China's Future Development ". and 13 annual alumni online gatherings with the theme of "Fighting against EMBA Collaborative Degree Programs Non-Degree Programs Epidemic and Gathering Together".
6,166 3,464 93,792 June Tsinghua SEM officially released the "Tsinghua SEM Alumni WeChat Platform" for its 120,000 alumni.
As of March 31,2020 26 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 27
International Cooperation
After the outbreak of COVID-19 pandemic in China, Tsinghua SEM received letters of sympathy from dozens of partner Achieved cooperative exchange agreements schools, including: Columbia Business School, Yale School with world-class business schools to of Management, The Wharton School of the University of establish exchange programs. Pennsylvania, HEC Paris, RWTH Aachen University School of Business and Economics, SDA Bocconi School of Management, Moscow School of Management SKOLKOVO. 112 Meanwhile, after the outbreak of the pandemic abroad, Tsinghua SEM sent letters of sympathy to around 50 overseas partner schools as well, especially those in severely affected areas such as Italy, South Korea, Spain, Germany, France and the United States. These seemingly small gestures, however, reflect the most sincere humanistic care and play a vital role in the long- Sent students to take term friendly relationship with our partners. exchange programs abroad
During the pandemic, Tsinghua SEM regularly participated in online meetings held by international organizations including AAPBS (Association of Asia-Pacific Business Schools) and PIM 200 (Partnership in International Management). In the AAPBS online meeting, member schools exchanged information on pandemic prevention and control, how they were coping with the situation, and how they maintained active communication among partners. During the PIM meeting, nearly 70 partner schools around the world participated in online meetings, and Tsinghua SEM Received oversea exchange introduced to the others the situation and cooperation status students in total. under the pandemic situation. 199
2 new partner institutions
Students participating in DBIC programs EDHEC Business School 130
London Business School
*Cumulatively from August 1,2019 to July 31,2020 28 School of Economics and Management, Tsinghua University 2019-2020 Annual Report 29 For more information, scan the code and visit Tsinghua SEM official Website. http://www.sem.tsinghua.edu.cn