Information Session, 14 April 2014

BSc in Quantitative Finance
Information Session, 14 April 2014
Professor Ekkachai Saenyasiri, QFIN Program Coordinator
Stephanie Shum, Morgan Stanley, QFIN Graduate of 2011
Marcus Chu, Goldman Sachs, QFIN Graduate of 2013
+ 11 current QFIN students
What is Finance?
Finance is the subject area that teaches you how to manage money
Management
of Money
Individual
(Personal
Finance)
Business
(Corporate
Finance)
Government
(Public
Finance)
Financial
Institutions (Banks,
Asset Management,
Insurance
Companies)
Financial markets and financial products
What is Quantitative Finance?
 Financial market practice with enhanced quantitative skills
o More knowledge on Statistics /
Mathematics / Programming
 Most related to
o investment & portfolio management
o development and pricing of
 equity and debt securities
 derivatives & structured products
BSc in QFIN Program at HKUST
 Introduced in 2004
 An undergraduate program designed for high‐caliber students with a strong interest in the finance industry
 Small size with around 20‐25 students admitted each year
Close interaction among students and faculty
When to apply for QFIN? Now
Upon your completion of Year 1 of study (April 1 – 25)
BBA
(Undeclared)
ECOF
GBUS
EVMT
Business School
QFIN
RMBI
DDP
Comparisons to Other HKUST Programs
 BSc in QFIN vs. BBA in Finance
 QFIN: More Math / Stat / Computer courses
 QFIN: Fewer Management / Marketing / Accounting courses
 BSc in QFIN vs. BSc in Economics and Finance
 QFIN: More Finance / Math / Computer courses
 QFIN: Fewer Economics courses
 BSc in QFIN vs. BSc in Risk Management and Business Intelligence (RMBI)
 QFIN: More Finance courses
 QFIN: Fewer Computer courses Admission Requirements
 Admission Quotas ‐‐ Around 20‐25 students per year
 English Requirement – C+ or above for LANG 1002 & 1003
 Performance in Mathematics Courses  Overall academic performance (CGA)  Personal Statement
 Interview performance
Curriculum Overview
All HKUST students must have 120 credits to graduate.
For QFIN Students,
 University common core, 36 credits
 Business school core, 31 credits
 Major required course and required elective courses, 49-55 credits
QFIN required courses
QFIN required courses
What is special about our program?  QFIN Exclusive Courses
 Introduction to Finance
(company visits)
 Bloomberg Professional Training
Program
 Finance practicum
Company visits
 Company visits in recent years (FINA 2102)
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•
•
•
•
•
•
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Standard Chartered
Credit Agricole
UBS
State Street
ICBC Merrill Lynch
AON
Nomura
Finance Practicum
 A group of 4‐5 final year students complete a Real Finance Project
 List of companies sponsoring practicum in recent years
AIA BOC Group
CITIC Bank Citigroup Global Markets Cornucopia Capital
Credit Agricole
Daiwa Capital Markets DBS
Guotai Junan Assets Haitong International
Hang Seng Indexes Co Ltd
Hang Seng Bank
Invesco‐Greatwall
MaunaKai Capital Partners Overlay Asset Management Polaris
Societe Generale
Silverhorn Standard Chartered Bank
Sun Hung Kai Securities
Thomson Reuters
Value Partners Group
Life Beyond Study  Career Mentor Link Program.
 Our mentors are successful professionals  Founder, CIO, Executive Director, Managing director, Director, Manger
 HSBC, BNP Paribas, Value Partners, Towers Watson Investment, Penjing
Asset Management
 Study abroad
 Harvard, U Penn, NYU, UC Berkeley, U of Virginia, City U London, USC, UT Austin, U of Warwick, Copenhagen Business School
 QFIN Seminar Series Exchange Program Spring 2014
Life Beyond Study (cont’d)
Recent internships: AIA
Credit Suisse
DBS
HSBC Global
Nomura Royal Bank of Scotland Standard Chartered Bank
UBS
Bloomberg
Daiwa Capital Market
Hang Seng Bank
JP Morgan
OCBC
Silverhorn
Tower Watson
Job Prospects for Graduates
 Potential employers
 Investment banks
 Asset management firms
 Commercial banks
 Insurance companies
 Possible jobs
 Equity analysts
 Fixed‐income analysts
 Derivatives sales and traders
 Risk control and trading system support
Job Placement (recent graduates)
 Most graduates work in Banking & Finance Industry
 Recent job placements
Accenture Company Ltd Barclays Capital Deutsche Bank
Goldman Sachs
KPMG
Silverhorn
Swire Group
Bank of China Credit Suisse
DBS
HSBC
Nomura
Standard Chartered Bank
Uniliver
Alumni info update
Alumni info update
Why QFIN?
Reputation: Built by our QFIN alumni
Solid knowledge in Finance
Great career prospect
Network with QFIN Alumni
Department of Finance: Rank #1 in Asia and #25 in the
world
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.
 11 requests exclusively for QFIN students in 2013-2014
academic year.
Internships & Job nominations
Internships & Job nominations
Internships & Job nominations
Internships & Job nominations
Who should apply to join QFIN program?
 Students with a strong desire to work in the finance industry
 Students with strong mathematical backgrounds
 Students with an exceptional analytical and communication skills
Information and Enquires
 Website: www.bm.ust.hk/qfin/
 Email addresses: Ekkachai Saenyasiri, QFIN Program Coordinator: Esaenyasiri@ust.hk Ms. Venus Tai – Program Assistant: venustai@ust.hk
 Today
Mingling with current QFIN students and Alumni Thank You,
And See You Again Soon!