Jae Myung Shin
Jae Myung (JM) Shin was looking to refresh and strengthen his financial knowledge when he chose the HKUST-NYU Stern Master of Science in Global Finance (MSGF) program. He also figured the degree would be helpful to his career. Indeed, since he received his degree in 2008, he’s hop-scotched through three jobs, each bigger than the last. Today he is managing director of the Shinhan Investment Corp., in Seoul, responsible for trading and sales of fixed income, currency, and commodities (FICC).
JM, a 47-year-old native of Busan, Korea, had joined Samsung Life as an equity investment manager straight out of his undergraduate college, Seoul National University, where he had majored not in finance but in biology. Aside from an investment management diploma he earned from the London Business School several years later, in the mid-1990s, until he entered the MSGF program most of his finance learning was on the job. He passed the CFA Level 1 exam in 1998 and is a registered fund manager in Korea.
JM considers the "time-efficient" structure of the MSGF program a huge selling point. "You don’t need to give up your job," he explains. At the time JM was attending the program, he was working for Korea’s biggest bank, Kookmin Bank, in the fixed income unit of the trust asset management division. He says he gained practical, immediately applicable insights from the financial case studies required by the program. Shortly after completing his MSGF, he joined Franklin Templeton Investment Trust Management Co., in Seoul, as head of institutional business.
The MSGF program, JM says, is especially beneficial for people with work experience, and he believes that having attended will help him more rapidly attain his goal: leading his division to the No.1 position in Korea.