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 ]

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
 
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
Semester A or B
CTL2961 Chinese Communication Skills
FB2300 Management
 
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
  Outside Minor (Optional)
 
Year 2
 
Semester A
EF3333 Financial Systems, Markets and Instruments
MS3235 Operational Risk Management
  Minor/Elective
Semester A or B
FB2601 Marketing
FB3302 Interactive Skills Workshop for Business
FB3410 Financial Management
FB3600 China Business Workshop
LW2903 Business and Law
  English Communication Skills
  Major Elective (Year 2 or 3)
 
Semester B
EF3320 Security Analysis and Portfolio Management
MS4226 Risk Management Models
  Chinese Civilisation
  Minor/Elective
 
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
Year 3
 
Semester A
EF4320 Advanced Security Analysis and Portfolio Management
EF4334 Regulation and Management of Financial Institutions
EF4520 Principles of Option Pricing
  Minor/Elective
Semester A or B
FB4303 Strategy and Policy
  Major Elective (Year 2 or 3)

 

 
Semester B
EF4322 Trading Room Workshop
EF4523 Quantitative Methods in Finance
MS4241 Life Insurance
  Chinese Civilisation
  Minor/Elective