Apply Now

Application Deadline

02nd Dec,2024 Monday
12:00 noon

Multiple Learning Streams

The Programme offers three streams: 1) Corporate Finance, 2) Financial Engineering and 3) Risk Management. Students may concentrate on one of the three areas, according to their interests and career aspirations.


Students are required to complete a total of 12 courses, including:


4

Fundamental 

Core Courses

4

Advanced 

Core Courses

1

Stream

Core Course

2

Elective

Courses

1

Capstone 

Course

12

Total 

Courses




Double Concentration

Students can be awarded their degree with double concentration in any two of the three areas, provided that they have successfully completed all the core courses in both areas, plus two electives. Normally students are able to complete double concentration within one year.

4
4
2
2
2
Fundamental

Core Courses

Advanced

Core Courses

Stream Core Courses
first concentration +
second concentration
Elective

Courses

Capstone Courses
first concentration +
second concentration




Curriculum Structure of Master of Finance
Fundamental Core Courses (Four Courses)
Know more
  1. Corporate Finance and Asset Valuation
  2. Economics for Financial Analysis
  3. Financial Statement Analysis and Business Ethical Standards
  4. Investment Analysis and Portfolio Management
  5. Corporate Finance and Asset Valuation
Stream Core Course (One Course)
Know more


Corporate Finance Stream
Financial  Engineering Stream
Risk Management Stream
Mergers, Acquisitions and 
Corporate Restructuring*
Advanced Option Pricing Models*
Credit Risk*


Advanced Core Courses (Four Courses)
Know more
  1. Derivative Securities
  2. Fixed Income Securities and Interest Rate Modelling
  3. Mathematical Techniques in Finance
  4. Spreadsheet Modelling in Finance
  5. Derivative Securities
Master of Finance Electives (Two Courses)**
Know more

2 Elective Courses**

Candidates can choose electives from a list of courses from Master of Finance and other HKU Business School Masters Programmes


Capstone Course (One Course)


Corporate Finance Stream
Financial  Engineering Stream
Risk Management Stream
Advanced Corporate Finance*
Financial Engineering*
Risk Management*




Remarks:
Not all of the courses listed above will necessarily be offered each year and the above list is subject to further adjustments.

* Can be taken as an elective course, provided that it is not chosen as a core course.
** Up to two elective courses may be taken from other taught postgraduate programmes offered by HKU Business School. Subject to availability and review by the Programme Director based on students' profile, capabilities, and performance in the Master of Finance Programme.

Preparation for CFA Examination

Our programme includes four fundamental courses in Financial Analysis that are based on the Chartered Financial Analysts (CFA) curriculum, specifically designed to broaden the candidates' knowledge of Quantitative Analysis, Financial Statement Analysis, Economics and Fundamentals of Asset Valuation, such as investment valuation and portfolio management. These four courses allow students to gain a solid knowledge base to prepare for all levels of the CFA examination. The Master of Finance faculty come from a variety of educational backgrounds: finance, economics, statistics, mathematics, law, accounting, and computer sciences, as well as other quantitative disciplines.

Course Exemption & Advanced Standing

Course Exemption

Course exemption of up to four required courses, except the capstone course, may be granted (normally by examination) if candidates:

1. Produce evidence, such as a transcript and course syllabus, that a course is equivalent in content to another course taken elsewhere, for which a satisfactory grade has been obtained, or

2. Are holding relevant professional qualifications* which were obtained before admission to the programme.

No credits will be given for the exempted course and candidates shall be required to take an approved alternative course of the same credit value.

Advanced Standing

Advanced standing of up to two (for single concentration) or three (for double concentration) required courses, except the capstone course, may be granted if:

1. The course is completed at a graduate, postgraduate or master level from a recognised programme elsewhere within the last four years before admission to the programme and a good grade in the course was achieved; or

2. The candidate possesses a relevant professional qualification* which was obtained before admission to the programme.

In such cases, no replacement courses will be required and the tuition fees will be adjusted accordingly.

Applications for course exemption and advanced standing are subject to the approval of the Master of Finance Programme Director and committees concerned.

*Remark: Students who have successfully completed Level II or above of the CFA examination can be granted Advanced Standing and/ or Course Exemption of two of the Fundamental Core Courses. Students who have obtained other professional qualifications, including but not limited to ACCA, CGA, CPA, FRM and PRM, can also apply to be exempted from certain core courses.


Back