Abstract:The financial crisis in 2008 didnt bring about significant shock to Chinas futures market falling within the financial derivative area; instead, it aroused the consciousness of risk management in domestic spot industry and resulted in the unprecedented upsurging request for the expansion of the futures market. In 2010, the introduction of stock index futures will further inject new vigor into the Chinas futures market. In the presence of the historic opportunity, the overall scarcity of talents in futures field in the aspects of quantity, structure and quality, however, has become a prominent problem concerning the expansion of the futures market Against this background, CFA (China Futures Association)took the lead in holding a "A Seminar of Futures Teaching and Talents Cultivating", which centered on the experience of 'IAR' (Industry-Academy-Research) in futures practitioners and futures teaching in universities. About one hundred scholars from more than 50 universities and tens of senior managers in futures field gathered to discuss the cultivating plan for the reserve talents in futures field, which is expected to make a transition from a past passive development pattern, stimulating academy with industry, to an active one, promoting industry with academic study in futures market.
The seminar summarized and spread four successful 'IAR' modes in futures field: academic credential education (Everbright Futures with Tianjing University of Commerce ), continual education (Great Wall Futures with Peking University), project research (Nanhua Futures with Zhejian Gongsong University) and co-building base (GF Futures with South China Normal University). These reflect the latest achievements of the communication and cooperation between futures field and universities. They also lay the foundation and specify the direction in Chinas futures field led by CFA for the GIAR interactive mechanism suitable to the flourishing development momentum