The daughter of businesswoman Winnie Tsoi is studying in the economics and finance programme at the University of Hong Kong. The price she paid to get a quality degree education for her eldest daughter was HK$900,000.
The world-renowned HKU has not become a mercenary diploma mill selling degrees to the rich – it was more a case of Tsoi sending her daughter overseas on a pricey education detour to skip the gruelling local A-levels exams, but still secure the required grades.
The HK$900,000 became the “entrance ticket” to the hotly contested programme at HKU. A student seeking admission had to score a minimum of two Bs and credits for two languages in the local A-levels last year. With a less-than-brilliant score of 21 (out of 30) in the Form Five public exam in 2007, Tsoi figured that the odds of her daughter passing the Hong Kong A-levels with flying colours and gaining entry to the HKU degree course would be very low.