Postgraduate Programs 2020/21
Master of Science Program in Finance
Award Title

Master of Science in Finance

Program Short Name

MSc(FINA)

Mode of Study

Both full- and part-time

Normative Program Duration

Full-time: 1 year
Part-time: 2 years

Program Fee

HK$395,000

Offering Unit
Program Advisor

Academic Director:
Prof Peter MACKAY, Associate Professor of Finance

Enquiry

The Master of Science (MSc) Program in Finance 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. The program provides both full-time and part-time study modes which students can complete in 12 or 24 months respectively. It begins with a solid foundation in corporate finance, quantitative and computing skills, investment analysis, asset valuation and financial derivatives, which form the core subjects in the Chartered Financial Analysts (CFA), Chartered Alternative Investment Analyst (CAIA) and Financial Risk Management (FRM) examinations curriculum. Students can then build on top of this broad knowledge base by choosing required courses and electives that lead to concentration in Asset Management, Risk Management, Fintech, Security Analysis or Corporate Finance.

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.
  1. Minimum Credit Requirement

    30 credits 
     

  2. 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 Course

    10 credits
     

FINA 5120
FINA 5210
FINA 5250
FINA 5290
FINA 5360

 

  1. Required Courses

    10 credits
     

    Students are required to complete at least five courses (10 credits) from the following Concentration areas:

 
i. Asset Management

FINA 5220
FINA 5300
FINA 5370
FINA 5450
FINA 5670


ii. Risk Management

FINA 5150
FINA 5220
FINA 5300
FINA 5620
FINA 5830


iii. FinTech

FINA 5240
FINA 5260
FINA 5410
FINA 5840
FINA 5870


iv. Security Analysis

ACCT 5150
FINA 5140
FINA 5150
FINA 5370
FINA 5840


v. Corporate Finance

ACCT 5150
FINA 5140
FINA 5150
FINA 5390
FINA 5470

 

  1. Elective Courses 

    10 credits

    Apart from the electives in the MSc(FINA) Program, students are allowed to choose elective courses offered by other MSc programs in the School of Business and Management available in each intake, 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. 

    Students are allowed to take up to 4 additional credits of electives (on top of the graduation requirement of 30 credits), subject to approval of the Academic Director.
     

Last update: 10 August 2020

The program comprises five concentrations:

 

  1. Asset Management Concentration

    Students are required to complete five required courses in Asset Management to graduate with the Asset Management Concentration designation.
     

  2. Risk Management Concentration

    Students are required to complete five required courses in Risk Management to graduate with the Risk Management Concentration designation.
     

  3. FinTech Concentration

    Students are required to complete five required courses in FinTech to graduate with the FinTech Concentration designation.
     

  1. Corporate Finance Concentration

    Students are required to complete five required courses in Corporate Finance to graduate with the Corporate Finance Concentration designation.
     

  1. Security Analysis Concentration

    Students are required to complete five required courses in Security Analysis to graduate with the Security Analysis Concentration designation.
     

Students will be allowed to graduate with no concentration, or claim up to one concentration among the five concentrations.

 

Last update: 10 August 2020

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:

  • TOEFL-iBT: 80*

  • TOEFL-pBT: 550

  • TOEFL-Revised paper-delivered test: 60 (total scores for Reading, Listening and Writing sections)

  • IELTS (Academic Module): Overall score: 6.5 and All sub-score: 5.5

* refers to the total score in one single attempt


Applicants are not required 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
  • A GMAT or a GRE score; and

  • Work experience:

    • Full-time program: Not required

    • Part-time program: One year of full-time post-qualification work experience

4. Additional Information
  • For the full-time program, applicants will have an advantage if they have some work experience.