Programme Aims and Objectives

The programme targets at helping students acquire advanced quantitative skills to analyze sophisticated derivative models, price and evaluate the risk of complex financial instruments, and develop appropriate risk management strategies.

Entrance Requirements

Applicants must:

  • hold a bachelor’s degree from a recognized university; and
  • preferably possess more than 1 year of work experience in the industry; and
  • have a strong foundation in quantitative analysis.

Applicants whose entrance qualification is obtained from an institution where the medium of instruction is NOT English should also fulfill the following minimum English proficiency requirement:

  • a score of 79 (Internet-based test) in the Test of English as a Foreign Language (TOEFL)@#; or
  • an overall band score of 6.5 in International English Language Testing System (IELTS)@; or
  • a score 490 in the new College English Test (CET-6) of Chinese mainland; or
  • other equivalent qualifications.

@TOEFL and IELTS scores are considered valid for two years. Applicants are required to provide their English test results obtained within the two years preceding the commencement of the University's application period. 

# Applicants are required to arrange with the Educational Testing Service (ETS) to send their TOEFL results directly to the University. The TOEFL institution code for CityU is 3401.

Course Description

Core Courses

Students are required to take 8 required core courses (total 24 credit units).

  • Corporate Finance
  • Derivatives and Risk Management
  • Investments
  • Stochastic Calculus for Finance
  • Professional Seminars in Finance
  • Financial Computing
  • Fixed Income Securities
  • Option Pricing

Electives

Students can choose 2 electives (total 6 credit units) from the list below:

  • Advanced Corporate Finance
  • Asset Management and Hedge Fund Strategies
  • Credit Risk Management
  • Financial Econometrics
  • Financial Systems, Markets and Instruments
  • International Financial Management
  • Sustainable Finance
  • An elective in the following disciplines offered by the departments of the College of Business to suit students’ interests and career development needs: Accounting, Economics and Finance, Information Systems, Management, Management Science, and Marketing
Admission Code P15
MSc Financial Engineering
Mode of study
Combined
tuition fee
Year of entry
2024
Mode of funding
Non-government-funded
Intake target
45
Credit requirement
30
Class schedule
Weekday daytime or evenings; and Saturdays
Normal study period
Full-time: 1 year
Part-time/Combined mode: 2 years
Max study period
Full-time: 2.5 years
Part-time/Combined mode: 5 years
Mode of processing
Applications are processed on a rolling basis. Review of applications will start before the deadline and continue until all places are filled. Early applications are therefore strongly encouraged.
Level of study
Master's (Taught Postgraduate)
Website
Programme Leader
Prof Tao Li
General Enquiries
EF Postgraduate Office
+852 3442 9583