EY enters professional training field in Shanghai

Ernst & Young established its first business skills training organization in China recently.
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Ti Gong

Representatives from the EY Academy announce the launch of the training organization.

EY, a business advisory, assurance, tax and transaction service provider, launched its China's first training school in Pudong New Area backed by government's opening up policies.

The organization, known as EY Academy, is the third wholly foreign-funded business skills training organization set up in the free trade zone in Pudong New Are of Shanghai since it moved non-academic vocational skills training out of the negative list in 2015, opening the previously forbidden area to foreign investors.

Unlike traditional business schools that focus on knowledge education, the EY Academy will teach its students practical business skills, such as financial strategy and management, human resources management, digital technology, marketing management, risk control and leadership skills.

As for students, it targets middle and senior management staff, professional managers, business starters, investors, successors of family businesses and other related talent.

Raymond Zhu, an EY partner, said the company had seen great demand for such non-academic training among its clients and the academy will update its self-developed courses regularly according to market and industrial changes to help its students keep progressing in their career.

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