Postgraduate Programs 2017/18
Master of Science Program in Investment Management
Award Title

Master of Science in Investment Management

Program Short Name

MSc(IM)

Mode of Study

Both full- and part-time

Normative Program Duration

Full-time: 12-16 months
Part-time: 18-24 months

Program Fee

Full-time: HK$350,000
Part-time: HK$250,000 (HK$8,500 per credit)

The full-time program fee covers tuition of up to 38 credits of courses, textbooks and course materials of the core courses and required courses, and some enrichment activities.

 

The program fee is payable in installments according to a payment schedule announced by the Program Office.

Offering Unit
Program Advisor

Academic Director:
Prof Jialin YU, Associate Professor of Finance

Enquiry

Full-time: mscimft@ust.hk
Part-time: mfin@ust.hk

The Master of Science (MSc) Program in Investment Management is designed to provide rigorous training to students for professional careers in the finance industry.  The curriculum is structured to meet the growing and specialized demands of the industry.  It begins with a solid foundation in accounting, economics, quantitative and computing skills, asset valuation and financial derivatives, which form the core subjects in the Chartered Financial Analysts (CFA) examinations curriculum.  Students can then build on top of this broad knowledge base by choosing advanced courses and specialized electives that lead to concentration in Asset Management or Risk Management.

 

The program is offered in both full-time and part-time modes to meet the growing demands of the industry.  The full-time program welcome recent graduates or junior professionals who dedicate their full attention to the master study specifically in finance.  The part-time program is tailored for working executives in Hong Kong or nearby regions.

On successful completion of the program, graduates will be able to:

1. Apply the financial knowledge to real-world investment management and securities valuation;

2. Develop sophisticated financial models to support decision making; and

3. Propose asset/risk-management solutions that maximize firm value.

To qualify for admission, applicants must meet all of the following requirements.  Admission is selective and meeting these minimum requirements does not guarantee admission.
 

1. General Admission Requirements of the University
  • Applicants seeking admission to a master's degree program should have obtained a bachelor’s degree from a recognized institution, or an approved equivalent qualification.

2. English Language Admission Requirements

Applicants have to fulfill English Language requirements with one of the following proficiency attainments:
 

Proficiency Test Minimum Scores
TOEFL-iBT 80
TOEFL-pBT 550
IELTS (Academic Module) Overall score: 6.0 and All sub-scores: 5.5

 

Applicants don't need to present TOEFL or IELTS score if

  • their first language is English, or

  • they obtained the bachelor's degree (or equivalent) from an institution where the medium of instruction was English.

Program-Specific Admission Requirements
  • Work experience:
    • Full-time program: Not required
    • Part-time program: One year of full-time post-qualification work experience
Additional Information
  • Applicants must show academic potential for success in the program by presenting evidence of strong performance either in their undergraduate degree, on the GMAT or GRE tests, or other academic achievements.
  • For the full-time program, applicants will have an advantage if they have some work experience.
  1. Minimum Credit Requirement

30 credits

 

  1. Credit Transfer

Students can apply for credit transfer and/or course substitution for core courses.  The maximum number of transfer credits to be granted is 6 credits.  

 

  1. Core Courses

12 credits
 

ACCT 5150
ECON 5030
FINA 5120
FINA 5210
FINA 5290
ISOM 5520

 

  1. Required Courses

8 credits
 

FINA 5220
FINA 5300
FINA 5360
FINA 5840

 

  1. Elective Courses

10 credits
 

Apart from the electives in the MSc program, students are allowed to choose courses outside the Department of Finance, or at most 6 credits of courses from the MSc Program in Financial Mathematics of the Department of Mathematics, subject to approval of the Academic Director.

 

Last update:10 Jul 2017

The program comprises two concentrations:
 

  1. Asset Management Concentration

Students are required to choose at least four courses from the list of electives in Asset Management to graduate with the Asset Management Concentration designation. Courses to be selected and approved by the Academic Director.
 

  1. Risk Management Concentration

Students are required to choose at least four courses from the list of electives in Risk Management to graduate with the Risk Management Concentration designation. Courses to be selected and approved by the Academic Director.

 

Students will be allowed to take more than 30 credits of coursework and claim a second concentration with a minimum of 8 additional credits. Of these additional 8 credits, at least 6 credits must not have been used to satisfy the first concentration requirement.

 

Last update: 10 July 2017