The NUS Business School has signed a Memorandum of Understanding (MOU) with Mizuho Corporate Bank Ltd (MHCB) today to establish Mizuho Scholarships and Bursaries and other education initiatives, marking the start of a new strategic relationship between the Japanese bank and the NUS Business School. It is the Bank’s first gift to NUS Business School, demonstrating its commitment towards contributing to the Singapore economy and society.
One of the first initiatives under the scope of the MOU would be the establishment of the endowed Mizuho Corporate Bank Scholarships and Bursaries. These scholarships and bursaries will be awarded to talented and deserving undergraduates who are in need of financial aid to study at NUS Business School. The endowed nature of the fund would mean that the School can provide the students with Mizuho Scholarships and Bursaries year after year in perpetuity.
Besides the setting up of scholarships and bursaries, Mizuho Corporate Bank Ltd is also working closely with NUS Business School to further extend its support for up to 10 business undergraduates to have a chance to take up internships at MHCB’s Singapore Branch or Tokyo head office and offer recruitment opportunities for NUS Business School graduates.
The MOU also paves the way for both organizations to develop mutually beneficial collaborations. NUS Business School will also invite the bank’s executives and professionals to assume adjunct teaching or training roles and share their industry insights and knowledge at the School’s seminars and workshops for business students. NUS Business School and Mizuho Corporate Bank Ltd will also work together to undertake joint research projects of mutual interests and concerns.
“We are proud to seal the MOU with NUS Business School today. This will lay the foundation for an important partnership that underlines our firm belief in the value of quality education. With these new developments, we hope to enhance our contribution not only to the Singapore economy but also to Singapore society,” said Mr Keizo Ohashi, Managing Executive Officer, Head of Asia and Oceania, Mizuho Corporate Bank, Ltd.
Professor Bernard Yeung, Dean of NUS Business School and Stephen Riady Distinguished Professor of Finance said “NUS Business School is delighted to have forged an alliance with a leading Japanese bank such as the Mizuho Corporate Bank. I’m excited about our collaborations and look forward to developing synergies that would bring great benefits to both our organizations and to the Singapore economy. I’m confident that we will build an enduring and successful partnership.”
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ABOUT NUS BUSINESS SCHOOL
Established in 1965, NUS Business School is known for its focus in providing management thought leadership from an Asian perspective, enabling our students and corporate partners to leverage on the best global knowledge and deep Asian insights to drive business growth in Asia and around the world. This combination of global knowledge and Asian insights is reflected in all aspects of its research, teaching and industry outreach. As Asia’s Global Business School, NUS Business School is a leading authority on business in Asia.
The School has consistently received top rankings in the Asia-Pacific region by independent publications and agencies, such as Financial Times, Economist Intelligence Unit, and QS Top MBA, in recognition of the quality of its programmes, faculty’s research as well as graduates. The School is accredited by AACSB International (Association to Advance Collegiate Schools of Business), an endorsement that the School has met the highest standards for business education.
The School has top research faculty that is close to practice; more than 2,500 BBA, MBA, Executive MBA, and PhD students; more than 2,000 annual participants in Executive Education programmes; and over 45,000 alumni in diverse organisations and positions of leadership throughout the world.
ABOUT MIZUHO CORPORATE BANK, LTD
Mizuho Corporate Bank, Ltd. provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients, focusing its efforts on serving major corporations, financial institutions, and public sector entities. A relationship management approach to serving clients enables Mizuho Corporate Bank, Ltd., together with affiliates including Mizuho Securities, to develop customised solutions in areas such as corporate, structured and project finance, investment banking, transaction banking and risk management. With offices in more than 27 countries, Mizuho Corporate Bank, Ltd. offers clients both localised service and the extensive reach of a global business network. Mizuho Corporate Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest financial services companies in the world, with total assets of more than US$1.5 trillion, as of March 31, 2008.