Today, ESSEC Business School, Asia-Pacific and PwC come together to sign a Memorandum of Understanding (“MOU”) to work together to drive and develop entrepreneurial spirit and create value in financial services ecosystem through innovation. The development of the financial services ecosystem is in line with PwC's recent launch of its Global Financial Services Innovation Centre (“GFSIC”) Asia-Pacific headquarters here in Singapore, a PwC commitment to become the innovation partner of choice with leading financial services companies, research and academic institutions.
The MOU was signed by Quek Bin Hwee, Vice-Chairman, Markets and Industries, PwC Singapore and Prof Jean-Michel Blanquer, Dean and President, ESSEC Business School in ESSEC’s Singapore Campus.
As a part of this partnership, ESSEC and PwC will cooperatively develop entrepreneurship-innovation related projects and programs such as entrepreneurship projects for MBA and EMBA. This includes possible joint projects with other ESSEC partners such as the Action Community for Entrepreneurship and LaunchPad. The partnership will also explore opportunities for the development of a joint-digital experience centre and joint innovation centre.
Prof. Kevyn Yong, Academic Dean of ESSEC Asia-Pacific adds, “The advent of infocomm technology has transformed the entrepreneurship landscape today. Gone are the days when businesses are built ‘brick by brick’ usually within the family. Start-up entrepreneurs today have a much shorter time horizon to achieve success. Due in part to fierce competition and often to the pressure from investors. Hence, entrepreneurs today need to be equipped with a combination of hard and soft skillsets beyond just having a keen sense or nose for business opportunities."
Click here to view the Press Release.