Welcome to HKUST QFIN Info Session (Major Selection Spring 2018)

Transcription

1 Welcome to HKUST QFIN Info Session (Major Selection Spring 2018)

2 BSc in Quantitative Finance Prof Ekkachai SAENYASIRI, UG Coordinator Ms. Ellen WANG, QFIN class of 2018 Ms. Elaine GUO, QFIN class of April 2018

3 What do we prepare for you today? Info about QFIN program Experience sharing by QFIN students Please visit us at the mingling session. Our students are there to talk to you.

4 What is Finance? Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different subcategories: public finance, corporate finance and personal finance.

5 What is Quantitative Finance Program? Finance program with enhanced quantitative skills. o Provide knowledge on Finance, Statistics, Mathematics, Programming We are equipped with skills to pursue most careers in finance o investment & portfolio management o risk management o Development and pricing of equity and debt securities derivatives & structured products o Fintech

6 BSc in QFIN Program at HKUST Established in 2004 Designed for students with a strong interest in the finance industry Close interaction among students and faculty Resources and supports from both HKUST and finance professionals

7 QFIN Number of students (est) Year 1 (quota 40) 18 PBA + 22 MSE Year 2 (quota 40) 40 Year 3 36 Year 4 or above 38 Our students are from India, Indonesia, Malaysia, Taiwan, China, HK, and Korea

8 How to join QFIN program? Program based admission JUPAS + non JUPAS School based admission Major selection exercise Total quota for each cohort: 40 students

9 Major Selection Exercise Quota (indicative) BSc (QFIN) Total 2017 PBA 2017 Fall MSE 2018 Spring MSE 2018 Fall MSE 2017 Intake

10 QFIN Major Selection Requirements CGA 3.0 or above B or above in MATH1012/1013/1020/1023 C+ or above in LANG 1002 & 1003 Ranking Criteria Holistic assessment based on CGA, selected course performance, CV profile, interview performance, personal statement (If you take MATH 1003, you have to get at least A in MATH 1003 and get at least B in MATH 1014)

11 CGA distribution at the time of admission from June 2013 January 2015 CGA Range Number of Students Admitted to QFIN

12 Curriculum Highlights Required courses FINA 3103 Intermediate Investments FINA 3203 Derivative Securities FINA 3303 Intermediate Corporate Finance FINA 3403 Corporate Valuation FINA 3810 Bloomberg Market Concepts Certification FINA 4803 Quantitative Trading* ECON 3334 Introduction to Econometrics ISOM 3230 Business Applications Programming MATH 1014 Calculus II MATH 2023 Multivariable Calculus * Only for QFIN students 16qfin2.pdf

13 Curriculum Highlights Electives Area A (Programming and Analytics), at least 2 courses ECON 4304 Time Series Econometrics and Business Forecasting ISOM 3360 Data Mining for Business Analytics ISOM 4530 Statistical Analysis of Financial Data in R/S plus ISOM 4540 Time Series Analysis and Forecasting COMP 2011 Introduction to Object oriented Programming COMP 2012 Object Oriented Programming and Data Structure COMP 4331 Data Mining RMBI 4310 Advanced Data Mining for Risk Management and Business Intelligence Area B (FINA course), at least 3 credits Any FINA courses at 4000 level

14 Curriculum Highlights Electives Area C (Mathematics and Statistics), at least 2 courses ISOM 3540 Introduction to Probability Models ISOM 4520 Statistics for Financial Risk Management MATH 2111 Matrix Algebra and Applications MATH 2121 Linear Algebra MATH 2350 Applied Linear Algebra and Differential Equations MATH 2351 Introduction to Differential Equations MATH 2352 Differential Equations MATH 2421 Probability MATH 3423 Statistical Inference MATH 4511 Quantitative Methods for Fixed Income Derivatives MATH 4512 Fundamentals of Mathematical Finance RMBI 4210 Quantitative Methods for Risk Management

15 Curriculum Changes We regularly review and modify our QFIN curriculum to prepare our students to new market environment and technology advancement Right now Fintech is a priority development area Students will be able take advantage of new courses related to Big Data and Fintech For example, we now have FINA 4929K Applications of New Technologies in Finance Other departments such as Dept of Information Systems and Dept of Computer Science and Engineering are also developing Fintech related courses. QFIN students will be able to take some of these courses in the near future.

16 Minor programs Below are the examples of minor programs you can select Environmental Science Biotechnology Biological Science Actuarial Mathematics Mathematics Big Data Technology Information Technology Design Technology Management Humanities

17 Two Majors Declaring an additional major is possible Most popular one is BSc in Computer Science (COSC)

18 QFIN Student Activities Sep Oct QFIN Orientation FinTech Speaker Series Career Mentor Link (CML) Program Finance Talk / Seminar QFIN Cross cohort mingling / meeting QFIN Student staff Liaison Nov Finance Sport Day CML Program Mock Interview & CV Workshops Finance Talk / Seminar QFIN Cross cohort mingling / meeting Feb QFIN Cross cohort mingling / meeting Finance Talk / Seminar Mar Finance Talk / Seminar QFIN Alumni Student Event May QFIN Senior Sharing Event QFIN Graduation Lunch

19 QFIN Peer Mentoring 2017/18 We have 26 Peer Mentors from senior year

20 Finance Talk / Seminar Our alumni are successful entrepreneurs, who are eager to share and have passion to inspire our students

21 Career Mentor Link Program (CML) Our mentors are successful professionals who want to help our students 11

22 Finance Sport Day To bring QFIN students, professors, faculty members and PhD students together to the field and create an opportunity for students to see a different side of each other

23 Student winning case competition Student going on exchange QFIN Class of 2017

24 Champions

25 Joseph Cheung Sponsorship for International Study $5,500/awardee (up to 4 awardees per year). Only for FINA and QFIN

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27 The Qvengers

28 QFIN Alumni

29 Support for Acquiring Professional Qualifications QFIN program is comprehensive and offers many elective courses for students to develop specialties in specific areas of finance. As such, our graduates usually do well in the examinations for professional qualifications such as Chartered Alternative Investment Analyst (CAIA) Certified Financial Planner (CFP) Financial Risk Manager (FRM) Professional Risk Manager (PRM) Chartered Financial Analyst (CFA), approximately 3 4 scholarships per year only for FINA and QFIN final year students

30 Career Prospects Potential employers Investment banks Asset management firms Commercial banks Insurance companies Consulting firms, Regulators, etc Fintech

31 On average, our final year students completed 3+ internships before graduation

32 Career Prospects of QFIN Students, class of 2016 Employer List

33 Career Prospects of QFIN Students, class of 2016 Job function of 24 students who did not pursue further education Advisory Trainee Advisory Trainee Analyst Analyst, CFO Office Asset Management Equity Research Analyst, Investment Banking Division Analyst, Investment Banking Division Analyst, Investment Banking Division Analyst, Investment Banking Division Analyst, Investment Banking Division Analyst, Investment Banking Division Analyst, Investment Banking Division Management Associate Management Trainee Operations Operations Operations Private Banking Real Estate Research Sales and Trading Sales and Trading Trade Capture Utility (Operations) Trader

34 Job prospect: Benefit from our reputation Our QFIN program frequently receives requests from financial firms asking us to nominate students for internships and full-time positions.

35 Why QFIN? Reputation Solid knowledge in finance Great career prospect Network with QFIN alumni

36 Who should apply to join QFIN Program? Excellent Work Ethic Maturity Teamwork Positive Attitude Integrity/Honesty Courtesy Students with a strong desire to work in the finance industry Students with strong mathematical backgrounds Students with an exceptional analytical and communication skills

37 QFIN Facebook Page