UBS University has opened its second campus in China at Wuxi, following the launch of the Beijing campus in April.
The campus will offer training and professional programs for a younger workforce, with an average age of 27. It will also include workshops to help senior management better understand and communicate with Generation-Y employees.
Furthermore, the campus will run an International Talent Exchange Program to help staff network with other UBS offices.
Eugene Qian, chairman of UBS China Strategy Board said China is a key market for UBS and one in which the firm will continue to invest. ‘The opening of another campus in China this year further demonstrates our commitment to developing local talent to support business growth.
‘UBS's workforce in China already exceeds 1,000 and we are well on track to achieve our objective of doubling headcount here by 2020,’said Eugene Qian, chairman of UBS China Strategy Board,’ he added.
UBS China which includes its wealth management, asset management and investment banking units, is also working with universities to provide development opportunities and platforms for young talent.
For example, UBS and Fudan University have jointly rolled out the Finance Certificate and Scholarship Program. Participants completing the program have priority for UBS China's summer internship and graduate talent programs, and based on performance, outstanding students can qualify for the UBS Scholarship.
The Swiss bank also has university campuses in Hong Kong, Singapore, and India.