P15
    MSc Financial Engineering
    理學碩士(金融工程學)
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    Year of Entry

    2021

    Application Deadline

    Local & Non-local : 31 Mar 2021

    Mode of Study

    Combined †

    Mode of Funding

    Non-government-funded

    Indicative Intake Target

    45

    Minimum No. of Credits Required

    30

    Class Schedule

    Weekday daytime or evenings; and Saturdays

    Normal Study Period

    Full-time: 1 year
    Part-time/Combined mode: 2 years

    Maximum Study Period

    Full-time: 2.5 years
    Part-time/Combined mode: 5 years

    Mode of Processing

    Applications 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.

    Programme Website

    Tuition Fee

    Programme Leader
    Prof Tao Li
    BSc(Fudan), PhD(Washington University in St. Louis)
    General Enquiries
    EF Postgraduate Office
    +852 3442 9583

    Programme Outlines

    Outline
    Programme Aims and Objectives

    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.

    Entrance Requirements

    Applicants must:

    • 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.

    Course Description

    Core Courses

    Students are required to take 8 required core courses (total 24 credit units).

    • Corporate Finance
    • Derivatives and Risk Management
    • Investments
    • Stochastic Calculus for Finance
    • Professional Seminars in Finance
    • Fixed Income Securities
    • Option Pricing
    • Spreadsheet Modeling in Finance

    Electives

    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
    † Combined mode: Local students taking programmes in combined mode can attend full-time (12-18 credit units per semester) or part-time (no more than 11 credit units per semester) study in different semesters without seeking approval from the University. For non-local students, they will be admitted to these programmes for either full-time or part-time studies. Non-local students must maintain the required credit load for their full-time or part-time studies and any changes will require approval from the University.