Prof. WONG Chak Sham Michael

Certificate - "From Startup to Scale-up Nation" (Tel Aviv University)
Certificate - Innovation & Entreperneurship (Hebrew University of Jerusalem)
Certificate - Executive Coaching (University of Cambridge)
Certificate - Fintech (Massachusetts Institute of Technology)
Certificate - Venture Capital (University of California, Berkeley)
PhD - Finance (The Chinese University of Hong Kong)
MA - Social Science Data Analysis (University of Essex)
MPhil - Finance (University of Cambridge)

Associate Dean (Global Executive Programmes)
Associate Professor

Prof. WONG Chak Sham Michael

Contact Information

Address: 9-243, Lau Ming Wai Academic Building
City University of Hong Kong
Phone: +852 34427248

Research Areas

  • Risk Management
  • Financial Institution Management
  • Capital Markets
  • Sustainable Finance
  • Fintech

Prof. Michael C S Wong holds several positions at City University of Hong Kong. He is the Associate Dean (Global Executive Programmes) and the Global EMBA Director of the College of Business, an Associate Professor of Finance in the Department of Economics and Finance, and an Affiliate Professor of the Academy of Innovation. His areas of expertise include international banking, risk management, financial markets, and entrepreneurial finance.

Prof. Wong has provided advisory services to various central banks and commercial banks across Asian regions, focusing on risk management and the implementation of Basel Committee rules. He has also prepared independent risk assessment reports for company boards and regulators and has acted as an expert witness in legal disputes involving complex financial transactions. Prof. Wong has served as a founding member of the Global Association of Risk Professionals' FRM Committee, an examiner for professional examinations conducted by the Hong Kong Securities and Investment Institute and the Hong Kong Institute of Bankers, and a member of the Market Misconduct Tribunal in Hong Kong.

Prof. Wong obtained his postgraduate degrees in Finance and Data Analytics from the Chinese University of Hong Kong, the University of Essex, and the University of Cambridge, respectively. He held the position of director for MSc programs in Finance, Banking, and Financial Engineering at CityU for over 12 years and supervised the graduation of more than 17 PhD/DBA students. His teaching excellence has been acknowledged with a university-wide Teaching Excellence Award. Prof. Wong's research has been recognized by the university as a high-impact case for the UGC's Research Assessment Exercise. He has also served as an editor of two academic journals on Sustainable Finance and Sustainable Investing, a judge panel member for CityU's HK Tech 300 in both seed and angel funding rounds, and a Senior Scientist at the Laboratory for AI-Powered Financial Technologies.


Award Title Institution
UGC Research Impact Case (Economics and Finance) (2020) City University of Hong Kong
Nominee of UGC Teaching Award (2018) Nominated by City University of Hong Kong
Awarded the 8th among 52 teams (served as the team adviser of 6 postgraduate students) Rotman International Trading Competition (2014) at University of Toronto
Certificate of Achievement (with Floyd Newsum) FinCapDev Competition (2013) in San Francisco
Teaching Excellence Award City University of Hong Kong
Young Scholar Dissertation Award Chinese University of Hong Kong
Fellowship of Cambridge Commonwealth Trust University of Cambridge
ECPR Scholarship for Essex Summer School in Social Science Data Analysis University of Essex

Research Grant

  • co-PI: "A Generative Deep Learning Framework for Emotion-sensitive Robo-advisors in Personal Wealth Management", GRF (CityU 11507219) - Hong Kong Research Grants Council , Amount: HK$608,242 (2020-2021) , Raymond Y.K. Lau, Chunping Li, Michael C S Wong
  • co-PI: "基于大数据分析框架的在线信用评级关键技术研究 ", 国家自然科学基金 (NSFC) , Amount: RMB479,000 (2017-2020) , Raymond Y.K. Lau, Michael C.S. Wong, W. Yue, C.M. Leung, C.H. Cheung, X. Xin
  • co-PI: "BigCredit: A Novel Framework for Big Social Media Data Enhanced Online Credit Scoring", General Research Fund - Hong Kong Research Grants Council , Amount: HK$820,521 (2017-2019) , Raymond Y.K. Lau, Michael C S Wong, Chunping Li
  • PI: "Hong Kong Fintech: Opportunities, Practices and Risk Issues", UGC Knowledge Transfer Earmarked Fund - City University of Hong Kong , Amount: HK$200,000 (2016-2017) , Michael C S Wong, Raymond Y K Lau, Ray Cheung and Leon Zhao
  • PI: "Strengthening Python literacy of students for knowledge discovery and knowledge commercialization ", Teaching Development Grant - UGC and City University of Hong Kong , Amount: HK$179,800 (2014-2015) , Michael C S Wong; Leon Zhou; Geoffrey Tso; Phisit Sucharitsopit
  • PI: "The Behavioral Economics of Online/Mobile Banking Security: an examination of status quo bias in IT security choice decision making ", Centre for Social Media Marketing and Business - City University of Hong Kong , Amount: HK$100,000 (2014-2015) , Floyd Newsums; Chu-fang Chen; Michael C S Wong
  • PI: "Algorithmic Trading Research Group", Idea Incubator Scheme - City University of Hong Kong , Amount: HK$598,000 (2013-2015) , Michael C S Wong; Jovan Cenev; Humphrey Tung; Antonie Chan
  • PI: "LOUD Money", DEC Mobile App Development Grants (MADGs) - City University of Hong Kong , Amount: HK$80,000 (2013-2014) , Michael C S Wong, Floyd Newsum
  • PI: "Assessment of Risk Perception, Heuristic Biases, and Frame Dependence in an Online Environment", Idea Incubator Scheme - City University of Hong Kong , Amount: HK$150,000 (2012-2013) , Michael C S Wong, Floyd Newsum
  • co-PI: "RiskMed: Collaborative Intelligence for Liquidity Risk Mediation", GRF - RGC Hong Kong , Amount: HK$800,000 (2010-2013) , J. Leon Zhao, Akhil Kumar, Michael C S Wong, Daniel Zeng

External Links

Selected Publications

Journal Publications and Reviews
Conference Papers
Working Papers
Chapters, Conference Papers, Creative and Literary Works
Scholarly Books, Monographs, Reports and Case Studies
Patents, Agreements and Assignments
  • CENEV, Jovan; CHAN, Antoni Bert; TUNG, Kwong Kwai Humphrey; WONG, Chak Sham Michael / System and Methods for Optimization of Stochastic Portfolio Mixtures. March 2015;
Other Outputs