The third session of the 5th Academic Exchange Month Series Lectures of the Six Colleges and Departments at Shanghai University of Finance and Economics was successfully held.
On November 26, 2015, the third session of the fifth Academic Exchange Month series of lectures at Shanghai University of Finance and Economics was successfully held. This lecture was jointly organized by the Statistical Research Society and the Financial Science Society at the university, inviting Associate Professor Yang Nan from the School of Statistics and Management and Professor He Ren from the School of Finance to present. Professor Yang Nan's lecture was on the topic of inference traps in business and economic statistics, while Professor He Ren's lecture focused on risk management in China's banking industry.
At 6:30 PM on the 26th, the lecture officially began. After the host briefly introduced the two professors, Professor Yang Nan started the presentation. First, Professor Yang stated the importance of statistics and data analysis in practical applications, emphasizing that statistics can help us restore the important connections between data and answers. Then, Professor Yang elaborated on the inference traps in economic statistics from three main aspects: the process of data generation, misleading illustrations, and the logic of statistical inference, providing some charts and actual data to demonstrate the objectivity of the points made.
Next, Professor He Ren provided an explanation. Professor He mainly introduced the current situation of Chinese banks— the competitive landscape of the banking industry, the classification of banking groups, and the development status of banks. Then, the professor analyzed the reasons for the high incidence of credit risk in the two provinces with the highest non-performing loan rates. During the explanation, Professor He guided everyone to analyze bank statements, asset structures, etc., and provided some examples to illustrate his points, allowing everyone to have a more thorough understanding of abstract concepts.
Finally, the host gave a brief summary of the lecture. The two professors conveyed abstract ideas in simple language, with tight logic, blending Chinese and foreign perspectives, demonstrating the style of our university's professors. All participating students deeply resonated with the content, and the lecture concluded amidst warm applause.
