In order to recognize academic staff with distinguished scholastic performance, the University has established the Choh-Ming Li Professorships and the Outstanding Fellowships (Faculty basis).

Both award schemes were first open to nominations in 2012. In that exercise, 11 and 9 awards of Choh-Ming Li Professorships and Outstanding Fellowships were made respectively and the former were presented to the awardees at the installation of the Choh-Ming Li Professorships in 2013.

The two schemes are now open again to nominations from Faculty Deans.