Master of Science in Investment Management
MSc(IM)
Both full- and part-time
Full-time: 12-16 months
Part-time: 18-24 months
Full-time: HK$395,000
Part-time: HK$290,000
The full-time program fee covers tuition of up to 38 credits of courses, textbooks and course materials of the core courses and required courses, and some enrichment activities.
The program fee is payable in installments according to a payment schedule announced by the Program Office.
Academic Director:
Prof Peter MACKAY, Associate Professor of Finance
Full-time: mscimft@ust.hk
Part-time: mfin@ust.hk
The Master of Science (MSc) Program in Investment Management is designed to provide rigorous training to students for professional careers in the finance industry. The curriculum is structured to meet the growing and specialized demands of the industry. It begins with a solid foundation in accounting, economics, quantitative and computing skills, asset valuation and financial derivatives, which form the core subjects in the Chartered Financial Analysts (CFA) examinations curriculum. Students can then build on top of this broad knowledge base by choosing advanced courses and specialized electives that lead to concentration in Asset Management or Risk Management.
The program is offered in both full-time and part-time modes to meet the growing demands of the industry. The full-time program welcome recent graduates or junior professionals who dedicate their full attention to the master study specifically in finance. The part-time program is tailored for working executives in Hong Kong or nearby regions.
On successful completion of the program, graduates will be able to:
1. Apply the financial knowledge to real-world investment management and securities valuation;
2. Develop sophisticated financial models to support decision making; and
3. Propose asset/risk-management solutions that maximize firm value.
- Minimum Credit Requirement
30 credits
- Credit Transfer
Students can apply for credit transfer and/or course substitution for core courses. The maximum number of transfer credits to be granted is 6 credits.
- Core Courses
12 credits
- Required Courses
8 credits
- Elective Courses
10 credits
Apart from the electives in the MSc program, students are allowed to choose courses outside the Department of Finance, or at most 6 credits of courses from the MSc Program in Financial Mathematics of the Department of Mathematics, subject to approval of the Academic Director.
Last update: 31 July 2019
The program comprises three concentrations:
- Asset Management Concentration
Students are required to choose at least four courses from the list of electives in Asset Management to graduate with the Asset Management Concentration designation. Courses to be selected and approved by the Academic Director.
- Risk Management Concentration
Students are required to choose at least four courses from the list of electives in Risk Management to graduate with the Risk Management Concentration designation. Courses to be selected and approved by the Academic Director.
- FinTech Concentration
Students are required to choose at least four courses from the list of electives in FinTech to graduate with the FinTech Concentration designation. Courses to be selected and approved by the Academic Director.
Students will be allowed to take more than 30 credits of coursework and claim a second concentration with a minimum of 8 additional credits. Of these additional 8 credits, at least 6 credits must not have been used to satisfy the first concentration requirement.
Last update: 31 July 2019
To qualify for admission, applicants must meet all of the following requirements. Admission is selective and meeting these minimum requirements does not guarantee admission.
-
Applicants seeking admission to a master's degree program should have obtained a bachelor’s degree from a recognized institution, or an approved equivalent qualification.
Applicants have to fulfill English Language requirements with one of the following proficiency attainments:
-
TOEFL-iBT: 80
-
TOEFL-pBT: 550
-
TOEFL-Revised paper-delivered test: 60 (total scores for Reading, Listening and Writing sections)
-
IELTS (Academic Module): Overall score: 6.5 and All sub-score: 5.5
Applicants are not required to present TOEFL or IELTS score if
-
their first language is English, or
-
they obtained the bachelor's degree (or equivalent) from an institution where the medium of instruction was English.
- Work experience:
- Full-time program: Not required
- Part-time program: One year of full-time post-qualification work experience
- Applicants must show academic potential for success in the program by presenting evidence of strong performance either in their undergraduate degree, on the GMAT or GRE tests, or other academic achievements.
- For the full-time program, applicants will have an advantage if they have some work experience.
