Student Zhou Mubing

On June 9, 2014, the winners of the First Session of “CFFEX Cup” Financial Futures and Derivatives Knowledge Contest for National Collegers co-sponsored by China Financial Futures Exchanges and China Futures Association were announced. Zhou Mubing, a first-session undergraduate of our school studying in the Experimental Class for Education Reform, stood out from over 30,000 competitors and won the special-class award. Hence he shall be awarded RMB 20,000 yuan and the opportunity to practice in the CFFEX.   

This contest was officially launched on April 8, targeting at the full-time students of national regular institutions of higher education. 30747 students from 731 colleges and universities, including our school (SUSTC), Beijing University, Tsinghua University, University of Science and Technology of China, Shanghai Jiaotong University, Fudan University, Zhejiang University, Nanjing University, Xi’an Jiaotong University and Renmin University of China, Central University of Finance and Economics, University of International Business and Economics, Capital University of Economics and Business, Southwestern University of Finance and Economics, Dongbei University of Finance and Economics, etc. registered for the competition, which was scheduled to be carried out in two stages. After the 5-day first-stage competition on the internet, more than 3400 students entered the intensive second-stage competition which was held on May 31. Finally, 11 students won the special-class award, 62 students the first prize, 102 students the second prize, and 290 students the third prize.

The contest aims to further popularize the knowledge of financial futures and derivatives, thus to cultivate and develop the prudence in risk avoidance, promote the development of financial derivatives discipline, and foster talents for China’s financial futures market.

Zhou Mubing, a first-session undergraduate of our school, entered SUSTC in the spring of 2011. Now he is a senior student, major in financial mathematics and engineering. In 2013, Zhou Mubing was sent by our school as an exchange student to study in the City University of Hong Kong for half a year. There he achieved straight A’s and won the praise from teachers and students.

Zhou Mubing was satisfied with his performance in the competition. “It is a hard and intensive contest, but quite exciting.” he recalled, “My participation in this contest is totally out of impulse, and I made no preparations at all before. But during the two-month contest, I was swotting up on financial knowledge and doing exercises day and night, during which I got to solve many financial problems on my own. Thus I made it to the last minute!” As to the future plan, Zhou Mubing said that he would first go to the China Financial Futures Exchanges for summer internship, then prepare for further study abroad after graduation.