Master of Science in Mathematical Finance

Programme Director: Dr CHOI, Pui Wah

The aim of the programme is to provide an opportunity of further education for working professionals in the field of Mathematical Finance and Financial Markets, and to offer well-motivated individuals a path for career conversion into the field of Mathematical Finance and Financial Markets. Students acquire a solid foundation in the principles of Mathematical Finance and Financial Markets, and a wealth of knowledge of software packages and their applications.

The programme teachers are either from the Department of Mathematics, Hong Kong Baptist University or from the Kent Business School, University of Kent. The faculty members in the Department of Mathematics of Hong Kong Baptist University have a very strong background in Mathematical Finance and Statistics. The University of Kent has an excellent international reputation and Kent Business School has a very strong faculty in both teaching and research. Their experience and expertise, in particular in the area of business and management would give us the strength in practical, operational and managerial areas.

Students will study in both universities in four semesters. In the first three semesters (from September to June), students will study in University of Kent. In the fourth semester (from September to December), students will study in Hong Kong Baptist University.

Students are required to take and pass all 11 courses in four semesters and obtain a cumulative GPA of at least 2.50 to qualify for the two MSc degrees:

  1. Master of Science in Mathematical Finance (conferred by Hong Kong Baptist University)
  2. Master of Science in Finance, Investment and Risk (conferred by University of Kent)

The structure of the curriculum is as follows:

I) Required Courses 35 units
II) Elective Course 4 units
    39 units

Requirements

  Semester 1  
  MATH7680 Quantitative Methods for Finance 4 units
  MATH7690 Financial Markets and Instruments 4 units
     
  Semester 2  
  MATH7720 Investments Management 4 units
  MATH7760 Programming for Finance and Trading 4 units
     
  Semester 3  
  MATH7700 Risk Management 4 units
  Elective Course 4 units
  Choose one of the following courses:  
  MATH7630 Derivatives 4 units 
  MATH7710 Financial Econometrics 4 units 
  MATH7730 Investment Analysis 4 units 
  MATH7740 Credit Risk 4 units 
  MATH7750 Corporate Governance and Ethics 4 units 
  MATH7770 Algorithmic Trading 4 units 
  MATH7780 Financial Technology 4 units 
     
  Semester 4  
  MATH7620 Topics in Probability Theory & Stochastic Processes 3 units
  MATH7640 Computational Finance 3 units
  MATH7650 Time Series Analysis 3 units
  MATH7660 Mathematical Finance 3 units
  MATH7670 Derivatives II 3 units
    39 units

 

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