Yan Zhen/Shanghai Daily news

Fudan University launched a joint executive education program in finance with New York's Columbia Business School yesterday, to provide Chinese financial executives opportunities to study global financial markets with top business professors.
Supported by the Shanghai Financial Working Committee, a government department, the program is a two-month part-time training course with about 50 executives from the banking, investment, and insurance sectors.
Students will take basic financial and management courses, such as internal financial control, risk management and corporate governance, during the 12-day module at Fudan's school of management.
During the two-week stay in the United States, students will visit the New York Stock Exchange and Wall Street companies, meet with their US counterparts and sit in lectures at the Columbia Business School.
"This alliance could connect pre-eminent business schools in China and the United States and is further evidence of the global nature of executive education in the modern world," Charles W. Calomiris, director of Columbia's financial research center, said at yesterday's program opening ceremony.
The program is scheduled to round up on October 14. Graduates will be awarded a certificate jointly issued by the two schools.
Tuition was set at 28,800 yuan (US$3,556) for the Shanghai module. But school officials didn't reveal the cost of the study tour to New York.