MSc Financial Mathematics and Statistics

City University of Hong Kong

Programme Aims and Objectives

Introduction

This programme is offered by the Department of Mathematics of City University of Hong Kong. The programme emphasizes the development of students’ ability to evaluate and develop financial business and statistical models. It also provides students with the theoretical knowledge necessary for complex financial and insurance operations. Furthermore, the programme enhances their mathematical and computational skills in Financial Mathematics and Risk Management.

Graduates should be able to price various modern financial and insurance products and to assess and manage financial and insurance risks. The programme will significantly enhance the competitiveness of its graduates in the job market. It is expected that students majoring in Financial Engineering, Actuarial Science, Mathematics, Statistics, Physics, Engineering, Computing and Information Technology, etc. as well as professionals from both finance and insurance industries will benefit from this master degree programme.

Unique Features

The programme aims to produce analytical graduates with business awareness as well as solid background in financial engineering and risk management, and to equip students with relevant theoretical knowledge as well as statistical and computational skills in a global business context.

Students will conduct research projects with faculty members. Through classroom learning and interaction with their supervisors, students will understand the new cutting-edge techniques and develop their interests in research. Such experience will serve as the foundation for students to pursue a PhD degree.

Graduates will be equipped with mathematical skills, contemporary finance theory and information technology knowledge, and be ready for a professional career in finance/statistical industries.