Postgraduate Programs 2017/18
Master of Science Program in Global Finance
Award Title

Master of Science in Global Finance

(Joint Degree by New York University and HKUST)

Program Short Name

MSc(GFIN)

Mode of Study

Part-time

Normative Program Duration

1 year

Program Fee

HK$561,600 (US$72,000)

The program fee includes all courses, books and materials, room and board for two in-residency sessions at HKUST, and meals (dinners are not included) during program periods.

Program Advisor

Academic Directors:
Prof Kasper Meisner NIELSEN, Associate Professor of Finance, School of Business and Management, HKUST

Prof Menachem BRENNER, Research Professor of Finance, Leonard N. Stern School of Business, New York University

Enquiry

The Master of Science (MSc) Program in Global Finance is jointly offered by the Leonard N. Stern School of Business of New York University (NYU) and the School of Business and Management of HKUST. The program is designed mainly for high-performance professionals in the financial services industry and those with finance functions in non-financial firms. With the complementary strengths of senior faculty from both Schools, the program offers the opportunity to advance knowledge and practices in global finance marketplace under the guidance of internationally recognized academics.

 

The program takes the latest insights from Wall Street and the emerging Asian market and puts them into a global context. Classes are held in Hong Kong, New York and Shanghai. Participants are mostly experienced finance professionals from more than 10 countries in Asia and the US.

 

Upon successful completion of the program, graduates will be awarded a Master of Science degree jointly by NYU and HKUST. Graduates will become alumni of both Universities.

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

  1. Outline and discuss contemporary finance issues in global finance markets and emerging markets such as China;
  2. Analyze value creation by using knowledge from corporate finance to quantify the impact of strategic decision on shareholder value;
  3. Integrate relevant financial knowledge and skills to evaluate or propose solutions to real-life finance issues;
  4. Evaluate investment performance, construct investment portfolio and design investment strategies;
  5. Apply knowledge in asset pricing theory, modern portfolio theory, derivatives markets and fixed income products to investment decisions;
  6. Apply knowledge to carry out risk management in financial institutions using various financial instruments, transactions and investments; and
  7. Communicate effectively in form of written report and/or verbal presentation on current finance issues.

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.

3. Program-Specific Admission Requirements
  • Five years of full-time work experience after obtaining the bachelor’s degree

The MSc Program in Global Finance is a 12-month finance-focused program comprising of seven modules taught in Hong Kong, New York and Shanghai. The class schedule allows participants to continue their careers while acquiring the essential tools for today’s financial world and learning the latest developments and trends in global financial markets.

There are four modules in Hong Kong, two modules in New York, and one module in Shanghai. Participants are required to complete an integrative group project, pre-module and post-module assessment, as well as individual and group work.

  1. Minimum Credit Requirement

24 credits

 

  1. Required Courses

Students are required to complete the following coursework and integrative project.

 

GFIN 5010
GFIN 5020
GFIN 5040
GFIN 5050
GFIN 5080
GFIN 5090
GFIN 5100
GFIN 5200
GFIN 5300
GFIN 5400
GFIN 5500
GFIN 6010
GFIN 6980

 

  1. Remarks

Courses will need to be repeated or replaced if participants fail to obtain a passing grade.

 

Last Update: 10 July 2017