Bachelor of Business Administration (Honours) in Quantitative Finance and Risk Management
(Retitled from "Financial Engineering" with effective from the academic year of 2009/10.)
[ General Information ] [ Career Prospects ] [ Academic Structure: Outline of the Programme] [ Entrance Requirements ] [ Link to CB BBA website ]
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General Information
This programme prepares students for responsible positions in the areas of risk management and financial product development in financial institutions. Graduates learn how to design innovative financial products and apply derivative instruments in risk management and investment. The programme provides students with the state-of-the-art mathematical tools and practical computer programming skills required in the implementation of risk management and product design. Interested applicants must have a strong background in mathematics and statistics.
Number of students to be admitted: 35
Career Prospects
Graduates will be employed to manage derivative instruments in various financial markets. Key financial events (such as the Orange Country, 1994 and Barings, 1995) show that risk mismanagement could be fatal to a financial institution. Our graduates are well trained to handle derivative instruments properly so as to minimize management risk and help corporations compete effectively in the global financial market. As Hong Kong expands its role as the leading financial center in the Asia-Pacific region, there is an increasing demand for financial specialists with risk management skills.
Career Options
- Financial Product Specialist
- Financial Regulator
- Risk Management Specialist
- Structural Product Specialist
Academic Structure: Outline of the Programme
| Year 1 |
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Semester A
| EN2161 |
English Communication Skills for Business I, or English Enhancement Course (EEC) |
| FB2100 |
Accounting I |
| FB2200 |
Management Sciences I |
| FB2400 |
Economics I |
| FB2500 |
Management Information Systems I |
| MA2178 |
Remedial Mathematics in Finance |
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Semester A or B
| CTL2961 |
Chinese Communication Skills |
| FB2300 |
Management |
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Semester B
| EN2162 |
English Communication Skills for Business II, or English Enhancement Course (EEC) |
| FB2101 |
Accounting II |
| FB2201 |
Management Sciences II |
| FB2401 |
Economics II |
| FB2501 |
Management Information Systems II |
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Outside Minor (Optional) |
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| Year 2 |
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Semester A
| EF3333 |
Financial Systems, Markets and Instruments |
| MS3235 |
Operational Risk Management |
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Minor/Elective |
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Semester A or B
| FB2601 |
Marketing |
| FB3302 |
Interactive Skills Workshop for Business |
| FB3410 |
Financial Management |
| FB3600 |
China Business Workshop |
| LW2903 |
Business and Law |
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English Communication Skills |
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Major Elective (Year 2 or 3) |
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Semester B
| EF3320 |
Security Analysis and Portfolio Management |
| MS4226 |
Risk Management Models |
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Chinese Civilisation |
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Minor/Elective |
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Major Electives
Student take one elective in either Year 2 or 3, below is the Major Elective Course List:-
| EF3450 |
Principles of Econometrics |
| EF3461 |
Economies of China (Mainland) and Hong Kong |
| EF4313 |
Corporate Finance I |
| EF4321 |
Derivatives and Risk Management |
| MS3234 |
Pension Planning |
| MS4232 |
Casualty Insurance |
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| Year 3 |
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Semester A
| EF4320 |
Advanced Security Analysis and Portfolio Management |
| EF4334 |
Regulation and Management of Financial Institutions |
| EF4520 |
Principles of Option Pricing |
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Minor/Elective |
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Semester A or B
| FB4303 |
Strategy and Policy |
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Major Elective (Year 2 or 3) |
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Semester B
| EF4322 |
Trading Room Workshop |
| EF4523 |
Quantitative Methods in Finance |
| MS4241 |
Life Insurance |
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Chinese Civilisation |
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Minor/Elective |
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