The HKU Master of Finance (MFin) Programme is an interdisciplinary programme aiming to provide motivated individuals with cutting-edge training in financial theory, as well as the mathematical, statistical and computer training necessary for a multitude of financial disciplines: pricing derivative instruments and securities, modelling and forecasting financial markets, hedging and financial risk management, credit risk management, insurance and reinsurance, quantitative trading and arbitrage training, asset allocation and investment management, and asset/liability management.
Students can choose to concentrate in one of the learning streams: Corporate Finance, Financial Engineering, and Risk Management, according to their interests and career aspirations.
Successful graduates will enjoy a competitive advantage in a wide range of career opportunities in commercial and investment banks, brokerage and investment firms, insurance companies, treasury departments of non-financial corporations, regulatory agencies, and also consulting and accounting firms.twelve.
Mode and Duration of Study
The MFin programme extends over a minimum of one academic year and a maximum of two academic years for full-time study. Most students tend to finish the programme in one academic year.
Courses are offered on a modular basis to allow students to focus on one area of study at a time. There are 6 modules in one academic year and each module is six to eight weeks long, including the examination week.
Students usually take 2 courses per module and there are 4 three-hour classes each week.
Medium and Course Assessment
The programme will be taught in English.
Assessment of each course may include assignments, mid-term examinations, project papers and other course work, as well as a final examination, which is normally held at the end of each course unless otherwise specified.
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.
To be eligible for admission to the Master of Finance Programme, a candidate must:
Hold a recognised bachelor's degree or equivalent;
Obtain statements from two referees, regarding his/her suitability for the programme; and
Obtain a TOEFL/IELTS* score if you are not from an English-medium university. Minimum score requirement: TOEFL: 80 or IELTS: 6 (with no subtest below 5.5)
GMAT/GRE scores are not required, but a good GMAT/GRE score will be favourably considered and can be helpful for marginal cases.
In general, applicants are not required to attend an interview during the admissions process.
Admissions for 2021 intake is now open.
Round 1: 12:00 noon (GMT +8), October 19, 2020
Round 2: 12:00 noon (GMT +8), December 14, 2020
Round 3: 12:00 noon (GMT +8), February 3, 2021
Round 4: 12:00 noon (GMT +8), March 9, 2021
Round 5: 12:00 noon (GMT +8), April 7, 2021
Offers will be made on a rolling basis and early applications are preferred, in the sense that a large proportion of offers will be allocated to applicants in the early stages. Candidates are therefore highly recommended to submit their applications and supporting documents as soon as possible.
Non-local students are highly encouraged to apply in the first two rounds, to allow sufficient time to arrange student visas and to prepare to move to Hong Kong.
Admission decisions are generally available 1 month after the application deadline and successful applicants will be notified by email. Applicants that have not received an offer will be considered again in the following round(s), until the end of the admissions cycle.
The proposed tuition fee for the 2021 intake is HK$396,000*.
Upon receiving the admission oﬀer, candidates will be required to arrange a deposit of HK$95,000* to conﬁrm their acceptance. The balance will be payable in 2 instalments over one academic year, irrespective of the number of courses taken in each module.
Subject to the approval of the MFin Programme Director and committees concerned, advanced standing of required courses, except the capstone course, may be granted, and tuition fees would be deducted by HK$33,000* per course accordingly.
There is also a non-refundable application fee of HK$300.
*subject to change and final approval by The University of Hong Kong