Dr. WONG Chak Sham Michael

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)
BS - Liberal Arts (University of the State of New York - Regents College)

Associate Professor

Dr. WONG Chak Sham Michael

Contact Information

Address: 9-243, Lau Ming Wai Academic Building
City University of Hong Kong
Phone: +852 34427248
Fax: +852 34420284
E-mail:
efmcw103@cityu.edu.hk
Personal Web:
http://amazon.com/author/michaelcswong
Public CV: Download
LinkedIn

Dr. Michael C S Wong is an Associate Professor of Finance at City University of Hong Kong, specializing on international banking, risk management and financial markets. He architected the first Basel-standard internal ratings-based (IRB) system in Hong Kong in 2003-2005 and wealth management due diligence models after the collapse of Lehman Brothers in 2008. His risk management models are currently implemented by more than 25 regional and global financial institutions operating in Asia. Dr. Wong reviewed risk control and stress testing models for banking institutions, submitted independent risk assessment reports to company boards and regulators, and provided expert witness on legal disputes involving complex financial transactions. He served as a founding member of Global Association of Risk Professionals’ (GARP) FRM Committee, an examiner of professional examinations of both Hong Kong Securities and Investment Institute (HKSI)  and Hong Kong Institute of Bankers (HKIB), a member of the Advisory Board of China Bond Rating in Beijing,  a non-executive director of Bank of Communications Trustee, the founder of CT Risk Solutions, the Chairman of CTRISKS Rating, a member of Market Misconduct Tribunal in Hong Kong,  a member of Future Task Force of Hong Kong Insurance Authority, and a VP of Hong Kong Blockchain Society. He obtained his postgraduate degrees from the Chinese University of Hong Kong, University of Essex and University of Cambridge, and executive training at Berkeley, MIT and Cambridge.  Dr. Wong has 60+ academic works published and one patent registered in the USA. His articles are included in leading academic journals, such as MIS Quarterly, the Journal of the Operational Research Society, the Journal of Futures Markets, the Journal of Forecasting and Omega. He was a long-serving director of MSc programs in Finance (1998-2015) at CityU and was granted university-wide Teaching Excellence Award by the university in1999.  

Awards

Award Title Institution
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: "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, 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: 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

Teaching Activities (past 5 academic years)

Academic Year Level Title
2018-2019 Bachelor's Degree Asia-Pacific Capital Markets and Standards of Practice
    Security Analysis and Portfolio Management
2017-2018 Bachelor's Degree Asia-Pacific Capital Markets and Standards of Practice
  Postgraduate Degree Corporate Finance
2016-2017 Bachelor's Degree Asia-Pacific Capital Markets and Standards of Practice
2015-2016 Bachelor's Degree Asia-Pacific Capital Markets and Standards of Practice
  Postgraduate Degree Corporate Finance
    Independent Project
2014-2015 Bachelor's Degree Asia-Pacific Capital Markets and Standards of Practice
  Postgraduate Degree Corporate Finance

Publications

Journal Publications and Reviews
Conference Papers
Working Papers
Chapters, Conference Papers, Creative and Literary Works
Scholarly Books, Monographs, Reports and Case Studies
Other Outputs