National M&A Leader/Partner, Deloitte China
Current City: Hong Kong
Citizenship: Hong Kong
Current City: Hong Kong
Citizenship: Hong Kong
Patrick Yip: 00:07
In my profession, I'm in accounting and tax and M&A. Technical rules, law and regulations, how the minute details are being worked out—all these things are very important to me, and we take pride in being able to manage and be very proficient with these things. The last thing I want to do is to go to a program that's all about socializing or just networking. I want to go to a program that has substance, has a lot of competence in it, that I would want to roll up my sleeves, learn the hard stuff. We are able to be exposed to the best economists in the world, not just in the US, but in the world. And then we can fuse that into our actual day-to-day business world to come up with real-life solutions. I mean, how can you beat that?
Patrick Yip: 00:06
People ask me, especially my peers, my colleague, my boss, they all ask me, you know, "Why do you want to spend this kind of time and money to go back to school? Takes a lot out of a person. And Chicago Booth is not child's play."
Patrick Yip: 00:21
My answer to that is this: "The more senior you get in an organization, actually you face different challenges than a simple day-to-day job. You get to deal with a lot more things that are really beyond yourself, based on your past training and all that. I really want to innovate, go to the next level."
Patrick Yip: 00:43
I'm from Hong Kong, and I'm a tax partner, and also national M&A leader for Deloitte in China. Well, I'm married, I have two children. My daughter, Lucia, is 16 years old. My son, Kaysen, is 14 years old. I believe my Booth experience really helped me create an atmosphere at home that we should all be learning new things every day.
Patrick Yip: 01:12
My next goals will be to step into a more senior and managerial position within my organization. I think for me, going back to school, I think it provides a lot of inspiration for my people, so that they all think they all need to learn. They all need to be innovative. "If our boss, who's so senior who is doing this, we should all be doing this as well." And that's why I want to set a good example to my supporters. You know what? I'm also learning new things and I am going to bring new value.
“I like Chicago Booth because of its reputation in being very technical. I’m a person who is very interested in the nuts and bolts, the technicalities of how a certain thing is being done. In my profession, technical rules, law and regulations, are very important and we take pride in being able to manage and be very proficient. The last thing I want to do is go to a program that’s all about socializing or just networking. I want to go to a program that has substance, has a lot of competence in it. I don’t think there is any other school that can rival Booth in that respect.”
— Patrick Yip