Postgraduate Programs 2020/21
Master of Science Program in Financial Technology
GENERAL INFORMATION
Award Title

Master of Science in Financial Technology

Program Short Name

MSc(FinTech)

Mode of Study

Both full- and part-time

Normative Program Duration

Full-time: 1 year

Part-time: 2 years

Program Fee

HK$300,000

 

The program fee covers tuition, textbooks and course materials for some of the core/required courses, and some enrichment activities.

Offering Unit

School of Engineering, School of Business and Management and School of Science

Program Advisor

Program Director:
Prof Kai Lung HUI, Chair Professor of Information Systems, Business Statistics and Operations Management


Program Co-Director:
Prof Shi Qing LING, Professor of Mathematics

Website

https://seng.hkust.edu.hk/msc/fintech

Enquiry

mscfintech@ust.hk

INTRODUCTION

The program provides students with fundamental knowledge and skills relating to popular financial technologies and their engineering and financial principles, thereby enhancing students’ market competitiveness in the remarkably booming FinTech space. In view of the multi-disciplinary nature of FinTech, the program, jointly run by School of Business and Management, School of Engineering and School of Science, draws expertise from timely areas such as information technology, blockchain and decision analytics.

 

We expect graduates of the program to be able to analyze the engineering mechanisms and financial principles of new and emerging financial technologies. Students will be able to formulate and analyze FinTech-related problems and solve such problems using practical means supported by engineering methodologies and relevant quantitative techniques.

 

LEARNING OUTCOMES

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

 

  1. Conduct an analysis of the engineering mechanisms of various financial technologies;
  2. Identify and analyze the financial principles of various financial technologies;
  3. Formulate and analyze FinTech-related problems arising in practice;
  4. Apply engineering methodologies and quantitative techniques to solve FinTech-related problems;
  5. Perform theoretical or practical FinTech tasks qualitatively and quantitatively; and
  6. Investigate limitations in traditional financial services and propose potential FinTech solutions.
CURRICULUM

  1. Minimum Credit Requirement

30 credits

 

  1. Credit Transfer

Subject to the approval of the Program Director and the University regulations governing credit transfer, a maximum of 6 credits can be transferred to the program.

 

  1. Core Courses

16 credits
 

FINA 5120
FINA 5210
ISOM 5220
MFIT 5001
MFIT 5002
MFIT 5003
MFIT 5004
MFIT 5005

 

  1. Required Course

MFIT 5006


Subject to the decision of the Program Director, promising students who do not have a strong mathematics background may be required to take MFIT 5006 on top of the graduation requirement of 30 credits.
 

  1. Elective Courses

    14 Credits

    A list of electives offered in a particular year will be announced at the beginning of each academic year. The elective courses are a selection of FinTech courses chosen from the portfolio of the School of Engineering (SENG), School of Business and Management (SBM), and School of Science (SSCI). Students have to take at least one elective course from each of SENG, SBM and SSCI.
     

  1. Remarks

Part-time students may take a maximum of 9 credits in each term.

 

 

Last update: 10 August 2020

ADMISSION REQUIREMENTS

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. Additional Information
  • Applicants preferably should have programming and mathematics background.
  • Applicants are highly recommended to have a satisfactory GMAT or GRE score.
  • For full-time applicants, no minimum work experience is required. However, any relevant work or business experience will add weight to the application under consideration.
  • For part-time applicants, at least two years of full-time post-qualification work experience is highly recommended.
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