Applicable to students admitted in 2005-06 and 2006-07 Required Courses

ACY1111 Introductory Financial Accounting 3

ACY1112 Management Accounting for Decision Making 3

CSC1500 Computer Principles and Programming 3

DSE1030 Economics for Business Studies I 3

DSE1040 Economics for Business Studies II 3

either DSE2010 Statistical Analysis for Business Decisions I 3 DSE2020 Statistical Analysis for Business Decisions II 3 or STA2001 Basic Concepts in Statistics and Probability I 4 STA2006 Basic Concepts in Statistics and Probability II 4 either DSE2050 Information Systems and E-commerce 4

or SEG3540 Concepts of Information Systems 3

FIN2010 Financial Management 3

}

}

FIN3080 Investment Analysis and Portfolio Management 3 FIN3088 Corporate Finance: Theory and Practice 3

either MAT2010 Advanced Calculus I 3

or MAT2080 Essential Mathematical Methods I 3

MAT2310 Linear Algebra and Applications 3

Elective Courses

Core

FIN4110 Options and Futures 3

FIN4120 Fixed Income Securities Analysis 3

FIN4130 Empirical Finance 3

FIN4140 Computational Finance 3

FIN4150 Quantitative Methods for Financial Derivatives 3

FIN4160 Intermediate Financial Theory 3

FIN6232 Seminar in Financial Economics 3

FIN6242 Seminar in Corporate Finance 3

FIN6252 Empirical Research in Finance 3

Business

ACY3215 Business Valuation: Using Financial Statement 3

ACY3251 Securities Regulation 3

FIN2210 Interest Theory and Finance 3

FIN3010 Financial Markets 3

FIN3018 E-Finance 3

FIN3020 International Finance 3

FIN3021 Foreign Exchange Practices 3

FIN3030 Management of Financial Institutions 3

FIN3040 Commercial and Central Banking 3

FIN3060 Real Estate Finance and Investment 3

FIN3110 Issues in Finance 2

FIN3210 Risk Management and Insurance 3

FIN3230 Life and Health Insurance 3

FIN3240 Corporate Property and Liability Insurance 3

FIN4030 Selected Topics in Finance 3

FIN4050 Mergers and Acquisitions 3

FIN4060 China Finance 3

FIN4080 Cases in Corporate Finance 3

FIN4089 Fund Management and Asset Allocation 3

FIN4189 Banking and Finance Practicum 3

FIN4230 Reinsurance and Alternative Risk Transfer 3 FIN4240 Employee Benefits, Retirement and Estate Planning 3

MGT1020 Principles of Management 3

MGT4010 Business Policy and Strategy 3

MKT2010 Marketing Management 3

Quantitative Methods

DSE4130 Business Applications Programming 3

∆_{DSE4200 Business Web Design and Authoring 3}

ECO3121 Introductory Econometrics 3

ECO3131 Applied Forecasting Methods 3

4 Full-time Undergraduate Programmes

FIN3220 Actuarial Models I 3

FIN4190 Research Project in Quantitative Finance 3

FIN4210 Actuarial Models II 3

FIN4220 Construction and Evaluation of Actuarial Models I 3

FIN4250 Applications of Risk Models 3

FIN4260 Construction and Evaluation of Actuarial Models II 3

MAT3300 Mathematical Modeling 3

MAT3310 Computational and Applied Mathematics 3

MAT4240 Stochastic Processes 3

SEG3440 Operations Research II 3

STA3006 Statistical Computing 3

STA3007 Applied Probability 3

STA4005 Time Series 3

Course Description

(Except for FIN2110, 3110, 4089, 4189 and 4190, please refer to the programmes concerned for the course descriptions of the above courses. For FIN6232, 6242 and 6252, please refer to the web-version of the Postgraduate Student Handbook 2007-08, <http://www.cuhk.edu.hk/gss/>. Unless otherwise specified, all are 3-unit term courses of three hours of lecture per week.)

FIN2110

Financial Management: Foundations and Analysis 1st and/or 2nd term

This course introduces students to the foundations for finance. It identifies and provides a framework for analysing major financial decisions of a firm. Issues addressed include valuation, investment decision-making, analysis of risk, financial planning, dividend policy, working capital management and the financing mix for the firm. This course will also provide the economics and accounting background necessary for fundamental financial analysis. (This course will only be offered to QFN Majors.)

FIN3110 Issues in Finance 1st and/or 2nd term

This course introduces current issues and topics in finance. This is a student-oriented course and students are required to research and discuss articles on related topics. This course provides an opportunity for Quantitative Finance students to integrate knowledge acquired from finance courses under the guidance of an instructor. Group-based research projects will be conducted. Weekly presentations will be held. Requirements include the writing of reports, formal term-end presentations of papers and participation in class discussions. The number of students in each class should not normally exceed 20. (This course will only be offered to QFN Majors.)

FIN4089

Fund Management and Asset Allocation 1st and/or 2nd term

This course offers a practical, “real world” understanding of mutual fund management in Hong Kong. The course will begin with a review of modern portfolio theory, followed by detailed discussions on topics including types of mutual funds, portfolio selection and asset allocation, passive versus active investment strategies, fund rating, fund house operations in Hong Kong, as well as mutual fund distribution strategies. Senior fund managers will be invited to share their valuable experiences at class. Prerequisite: FIN3080.

FIN4189

Banking and Finance Practicum 1st and/or 2nd term

This course provides a bridge between the classroom and the real world of the banking and finance industries. It requires students to complete a group project, on a part-time basis, in collaboration with a company or organization in the banking and finance industry. A minimum of three and a maximum of five students will form a project team, under the joint supervision of the instructor and a senior executive of the sponsoring company or organization. A final project presentation should be made at the end of the term in the presence of the supervisors. A written report shall be submitted for evaluation. Prerequisite: FIN3080.

FIN4190

Research Project in Quantitative Finance 1st and/or 2nd term

A student or a group of students (maximum of three) may enroll on this special directed study of selected issues in finance with the permission and under the supervision of an instructor. The content of the course will depend on the research plans of the students. A written report should be submitted for evaluation, and a final presentation to members of the Department of Finance should be made at the end of the project. Prerequisite: At least two FIN courses coded 41XX and consent of instructor.

Study Scheme

1. Major Programme