The programme targets at helping students acquire advanced quantitative skills to analyze sophisticated derivative models, price and evaluate the risk of complex financial instruments, and develop appropriate risk management strategies.
Year of Entry2021
Application DeadlineLocal & Non-local : 31 Mar 2021
Mode of StudyCombined †
Mode of FundingNon-government-funded
Indicative Intake Target45
Minimum No. of Credits Required30
Class ScheduleWeekday daytime or evenings; and Saturdays
Normal Study PeriodFull-time: 1 year
Part-time/Combined mode: 2 years
Maximum Study PeriodFull-time: 2.5 years
Part-time/Combined mode: 5 years
Mode of ProcessingApplications are processed on a rolling basis. Review of applications will start before the deadline and continue until all places are filled. Early applications are therefore strongly encouraged.
- hold a bachelor’s degree from a recognized university; and
- preferably possess more than 1 year of work experience in the industry; and
- have a strong foundation in quantitative analysis.
Applicants whose entrance qualification is obtained from an institution where the medium of instruction is NOT English should also fulfill the following minimum English proficiency requirement:
- a score of 59 (revised paper-delivered test) or 79 (Internet-based test) on the Test of English as a Foreign Language (TOEFL)@#; or
- an overall band score of 6.5 in International English Language Testing System (IELTS)@; or
- a score 490 in the new College English Test (CET-6) of Chinese mainland; or
- other equivalent qualifications.
@TOEFL and IELTS scores are considered valid for two years. Applicants are required to provide their English test results obtained within the two years preceding the commencement of the University's application period.
# Applicants are required to arrange for the Educational Testing Service (ETS) to send their TOEFL results directly to the University. The TOEFL institution code for CityU is 3401.
Students are required to take 8 required core courses (total 24 credit units).
- Corporate Finance
- Derivatives and Risk Management
- Stochastic Calculus for Finance
- Professional Seminars in Finance
- Fixed Income Securities
- Option Pricing
- Spreadsheet Modeling in Finance
Students can choose 2 electives (total 6 credit units) from the list below:
- Advanced Corporate Finance
- Asset Management and Hedge Fund Strategies
- Credit Risk Management
- Financial Econometrics
- Financial Systems, Markets and Instruments
- International Financial Management
- An elective in the following disciplines offered by the departments of the College of Business to suit students’ interests and career development needs: Accounting, Economics and Finance, Information Systems, Management, Management Science, and Marketing