PROGRAM CHARACTERISTICS


PROGRAM CURRICULUM (2020-21 INTAKE)

Students must complete a minimum of 30 credits (15 courses) of coursework in order to graduate, including 10 credits of core courses (5 courses), 10 credits of required courses (5 courses) and 10 credits of elective courses (5 courses). Students may choose to declare ONE concentration by taking specified required courses or graduate without electing a concentration by taking any 5 courses from the list of required courses below.

Core Courses (5 courses; 10 credits)

Corporate Finance Derivatives Analysis Empirical Methods in Finance Fixed Income Analysis Investment Analysis

Required Courses (5 courses; 10 credits)

(for each concentration)

Asset Management Concentration

Risk Management Concentration

FinTech Concentration

Security Analysis Concentration

Corporate Finance Concentration

Advanced Derivatives Analysis Advanced Derivatives Analysis FinTech: The Future of the Financial Industry Accounting Foundations Accounting Foundations
Equity Valuation Statistical Methods for Risk Management FinTech Analytics Advanced Topics in Financial Management Advanced Topics in Financial Management
Equity Investment Management Equity Investment Management Big Data in Finance Equity Valuation Mergers, Acquisitions & Restructuring
Hedge Funds Corporate Risk Management Financial Modeling Financial Modeling Venture Capital and Private Equity
Wealth Management Foreign Exchange Market FinTech: Algorithmic Trading Corporate Risk Management Corporate Risk Management

Required Courses (5 courses; 10 credits)

(for each concentration)

Asset Management Concentration

Advanced Derivatives Analysis
Equity Valuation
Equity Investment Management
Hedge Funds
Wealth Management

Risk Management Concentration

Advanced Derivatives Analysis
Statistical Methods for Risk Management
Equity Investment Management
Corporate Risk Management
Foreign Exchange Market

FinTech Concentration

FinTech: The Future of the Financial Industry
FinTech Analytics
Big Data in Finance
Financial Modeling
FinTech: Algorithmic Trading

Security Analysis Concentration

Accounting Foundations
Advanced Topics in Financial Management
Equity Valuation
Financial Modeling
Corporate Risk Management

Corporate Finance Concentration

Accounting Foundations
Advanced Topics in Financial Management
Mergers, Acquisitions & Restructuring
Venture Capital and Private Equity
Corporate Risk Management

Elective Courses (5 courses; 10 credits)

Students choose any 5 finance elective courses offered to complete the program.

*The above courses are subject to change at the discretion of MSc Programs Office.


ADMISSION REQUIREMENTS

Applicants of the MFIN program should satisfy the following requirements:

A Good Undergraduate degree

Applicants must possess a bachelor's degree with satisfactory academic performance from a recognized university or approved institution.

English Proficiency

Applicants whose first language is not English, and whose bachelor’s degree or equivalent qualification* was awarded by an institution where the medium of instruction was not English, are required to fulfil the minimum English Language requirements in TOEFL/IELTS examination.

*Qualification with duration equivalent to a full-time bachelor’s degree (i.e. at least 3 years)

GMAT/ GRE

Applicants are required to provide GMAT/GRE score. Applicants must achieve satisfactory quantitative and verbal scores on the GMAT/GRE test.

Relevant Work Experience

No minimum working experience is required for full-time study mode applicants. However, any relevant work or business experience will add weight to the application under consideration.

For part-time study mode applicants, applicants are required to have at least one year full-time post-qualification work experience by the time instruction begins (August).

The key selection criteria will be assessed through written and/or online application documents and through a personal assessment interview.

Remarks:
Please note that the admission mechanism for the full-time study mode is totally different from the part-time study mode. Transfer between the full-time and part-time study modes after program commencement is normally NOT encouraged. Students have to be clear about their interest and time commitment in either study modes at the time of application and admission, and commit to their enrolled study mode throughout the course of study. Transfer between the study modes is considered on a case by case basis only with strong reasons, and is also subject to the approval of the Academic Director.


APPLICATION DEADLINES & PROCEDURES

Application Deadlines

We invite applications for the MFIN program from September 2019 onwards for the 2020-2021 intake. The deadlines for the different application phases will be finalised and announced in due course.

Application Materials

Your application should include the following materials:

Scanned copies of academic transcripts, GMAT/GRE official score reports and TOEFL/IELTS official score reports are sufficient at the application stage. Applicants will be notified individually for shortlist interview. The original copies of supporting documents (including transcripts, degree certificate, score reports, etc.) are required if applicants are being admitted to the program, and should be submitted before the designated deadline before program commencement.

Interview

Applicant profiles are reviewed upon full completion of online applications and full payment of the application fee. Only shortlisted applicants will be invited for an interview in person or via video. Phone interview requests are not considered.


PROGRAM FEE & EXPENSES

Program Fee

The total program fee for the 2020-21 intake will be finalised and announced in due course.

Other Expenses

Travelling and living expenses in Hong Kong are not included in the tuition fee.

On-campus accommodation at HKUST is not available due to heavy demand. Students will have to explore short-term off-campus accommodation.


SCHOLARSHIP

Scholarship will be provided to outstanding candidates with excellent academic performance as well as well-rounded backgrounds.


FINANCIAL AIDS

CEF Reimbursement

The MFIN program has been listed as one of the reimbursable courses under the Continuing Education Fund (CEF). MFIN students who are eligible for CEF can apply for reimbursement of a maximum sum of HKD 20,000 upon successful completion of the following modules and no previous use of CEF, the application procedures will be provided to students before the term starts.

HKUST COURSE CODE COURSE NAME CEF COURSE CODE
FINA 5210 INVESTMENT ANALYSIS 23Z06437-7
FINA 5290 DERIVATIVES ANALYSIS 23Z06438-5
FINA 5300 ADVANCED DERIVATIVES ANALYSIS 23Z06439-3
FINA 5360 FIXED INCOME ANALYSIS 23Z06440-7

Eligibility

For the most updated and detailed info, please refer to the official website of Continuing Education Fund (CEF) here.