SIM Teow Hong - Mediacast | Singapore Management University

duration 2 minutes 12 seconds

Interviewee Background

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I spent a big part in the 80s and up to the mid-90s, with the same bank for twenty years and being the Chief Financial Officer. So, in that role, there is the helping…

Roles And Responsibilities

duration 2 minutes 34 seconds

Roles And Responsibilities

From Ms CHANG Ching Chen _

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Everything from system to money, these two were the major things. They were running the books on a spread sheet, and we were recruiting people. The payroll was building…

Differences Between Uni And Private

duration 2 minutes 1 second

Differences Between Uni And Private

From Ms CHANG Ching Chen _

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Whether you are a business or you are a not-for-profit business, the only way to sustain it is financial resources. Without financial resources, you can't do…

First Involvement

duration 1 minute 11 seconds

First Involvement

From Ms CHANG Ching Chen _

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In the case for SMU at that time, it was really a start-up. The planning team in SMU was still negotiating with MOE [Ministry of Education] on the start-up funding just…

Strategies - SIM Teow Hong

duration 1 minute 36 seconds

Strategies - SIM Teow Hong

From Ms CHANG Ching Chen _

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The first challenge is ourselves. How do we convince our own stakeholders, the schools and all that, to first embrace a common strategy and for them to articulate their…

Tuition Fee Increase

duration 3 minutes 25 seconds

Tuition Fee Increase

From Ms CHANG Ching Chen _

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First, was to help management and the board decide how should we manage tuition fee. When we look at the long-term financial need of the university, we only recognise…

Getting Started

duration 4 minutes 10 seconds

Getting Started

From Ms CHANG Ching Chen _

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But when I created the accounting system and the planning system, at the back of my mind was to make it such that it helps us understand the business dynamics of SMU,…

Founding Of Third University

duration 2 minutes 37 seconds

Founding Of Third University

From Ms CHANG Ching Chen _

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We want to be a world-class research university. We want to be distinguished in our education. So those are very broad. But at which level do we want to be benchmarking…

Managing Endowment

duration 2 minutes 22 seconds

Managing Endowment

From Ms CHANG Ching Chen _

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Universities are not-for-profit and for public service and also subsidised so, like I say, you need various sources of funding to come in. Tuition fee, government…

Moving Forward

duration 1 minute 59 seconds

Moving Forward

From Ms CHANG Ching Chen _

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Personally, has been a wonderful, learning journey. But also, it's a place where, if I look back, I have basically through my whole career, I have gone through…

Advice For Students - SIM Teow Hong

duration 2 minutes 39 seconds

Advice For Students - SIM Teow Hong

From Ms CHANG Ching Chen _

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When I look at our students and our graduates, what concerns me is many of them are focused on, I guess primarily, career and money. But to me, life is more than that.…

Challenges

duration 1 minute 55 seconds

Challenges

From Ms CHANG Ching Chen _

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Yes, in the sense if you look back, it is easier to be a growing up kid. Now, you are a teenager. From my perspective, challenges of course, financial, because we are…

SMU Financial Journey

duration 1 minute 1 second

SMU Financial Journey

From Ms CHANG Ching Chen _

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I like to believe that we are financially strong where we are now, in terms of what we have generated and built up over the years. So today, in fact on the 15th of…

CFO Changing Role

duration 2 minutes 42 seconds

CFO Changing Role

From Ms CHANG Ching Chen _

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I guess the role of CFO has changed, not just for university but in general. Primarily also because of the changes in the marketplace. Traditionally, many CFOs are very…

Significant Milestones

duration 2 minutes 43 seconds

Significant Milestones

From Ms CHANG Ching Chen _

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Yes, when we first started, of course, we had nothing and we only have an aspiration to teach in a certain way and hope to produce students that the marketplace wants.…

Risk Management

duration 59 seconds

Risk Management

From Ms CHANG Ching Chen _

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So the reputational risk of a university is important. Therefore, from a CFO's perspective, it's to make sure that any new thing that we embark on whether it…

Oral History / … / SIM Teow Hong

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