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On 10 May the University Grants Committee (UGC) made an announcement concerning the Academic Development Proposals (ADPs) submitted by the eight UGC-funded institutions for the 2005-08 triennium. CityU’s proposal to make creative media a growth / priority area was endorsed. Out of the 840 second year intake top-up places that UGC allocated to the eight institutions, CityU received 210 places, the second largest number.
CityU and the University of Paris Dauphine signed a cooperation agreement on 13 May to launch a joint Master of Science in Mathematics for Finance and Actuarial Science degree--the first of its kind in Hong Kong.