Q1: What's the relationship between CUHK and CUHK-Shenzhen?
A1:CHUK-Shenzhen and CUHK are two distinct campuses, but share the well-known, high quality CUHK brand of academic excellence. Close cooperation ensures that these parallel campuses maintain consistent, high academic standards. The graduates of CHUK-Shenzhen will get a degree certification from CUHK.
Q2: Both CUHK-Shatin and CUHK-Shenzhen offer a MSc Finance Programme, could you describe the differences between them?
A2: Both the CUHK-Shatin Campus and the curriculum of our MSc Finance Programme offer a desirable mix of both theoretical and practical. Students studying in Hong Kong will get a Hong Kong Visa, which qualifies them to be employed in Hong Kong. A higher level of English proficiency is required for students at CUHK-Shatin to adapt to the English working environment. In contrast, the MSc Finance Programme at CUHK-Shenzhen opens the door to careers in dynamic, technology-driven Shenzhen, by offering a curriculum emphasizing quantitative methods and contemporary Chinese financial topics. Good command of English, of course, is also required. Students will get a Sino-foreign cooperative education degree accredited by the Ministry of Education after passing the courses and meeting the graduation requirements.Both universities share the same high standards of academic qualifications, and both Business Schools are AACSB certified, putting them among the elite in business/finance education. Finally, Both Programmes are consistently supervised by a highly-accomplished CUHK oversight board, to assure a premier academic experience.
Q3:What are the differences between MSc Finance Programme and MSc Financial Engineering?
A3: The MSc Finance Programme is administered by Shenzhen Finance Institute and School of Management and Economics, CUHK-Shenzhen, two established traditional business schools. It offers comprehensive professional training of financial theories, quantitative analysis capabilities combined with practical applications, including general finance, corporate finance, investment and securities trading, banking and financial institutions, and internet finance in five professional directions. Graduates obtain skills and methods that are widely used in the financial industry, and establish a strong foundation to enter the financial industry and become competitive professionals in the Chinese and international financial markets. Finally, MSc Finance students share the alumni circle of the CUHK business school. The MSc Financial Engineering Programme is sponsored by the Engineering School of CUHK and School of Science and Engineering, CUHK-Shenzhen, and uses a quantitative approach to provide finance education. It combines the knowledge of financial theory, modeling, analysis and optimization, programme design etc. Graduates here are well trained for quantitative investment and research work in securities, fund management and private placement industries. They have the foundation for careers in securities research, investment banking, financial management and strategic consulting, and risk control of banks, due to their combined abilities in finance, mathematics and programming.
Q4: What is the difference between full-time mode and part-time mode?
A4: Compared to the 18 month full-time programme, the duration for part-time is 24 months, and timing of classes is different. Considering that most part-time students have full-time careers, all part-time courses are offered during non-business hours. All part-time courses are taught at our Futian campus, while the full-time programme splits their time between Longgang and Futian campuses. The part-time and full-time programmes both share the same high-quality faculty and senior practitioners. However, the scholarships for full-time students do not apply to part-time students.
Q5: What language is used in teaching?
A5:Courses are taught in English. However, in the case of our senior practitioners, their lectures or practical workshops often use Chinese.
Q6: I have seen that there are 5 concentrations on the website, what are the differences of the employment orientation after graduating?
A6: In addition to the 7 core courses, the relevant courses of five concentrations are provided as electives. Students can select 5 elective courses according to their own interests, but they can only declare one professional direction when they graduate, which is marked on the transcript. Generally speaking, Corporate Finance is suitable for securities companies, investment banking sector, private placement. Investment and Trading is suitable for the trading sector, asset investment sector and fixed income sectors of securities companies and fund companies. Banking and Financial Institution is suitable for banks and regulatory institutions. Internet Finance, as the name implies, focuses on leading-edge financial innovation. Finally, if students do not wish to declare any professional direction, they can choose General Finance.
Q7: Does the school arrange internships or full-time work?
A7:We will not arrange these, but we offer considerable resources and opportunities for students to identify alternatives and make their own choices. We invite large numbers of high-level practitioners as lecturers and seminar speakers, which provide opportunities for job-related networking. Supplementing this, we regularly invite other senior human resource professionals from a variety of top-tier financial and accounting companies for presentations and theme sharing activities.
Q8: Is it possible to graduate in advance?
A8: The standard course duration is 18 months. We use credit system (core courses: 21 credits + elective courses: 15 credits = 36 credits required for graduation). Students can choose to either graduate in advance or to delay graduation. The furthest delay is one year. In this way, the MSc programme duration can range from 12 to 30 months, providing considerable flexibility for students.
Q9: Can I replace my academic thesis by an internship?
A9: A graduation thesis is not required in this programme. However, we can establish “guidance research” (elective course) to enable students to conduct extended study on personalized topics. Students are directed by our academic professors or practitioners to guide the research and produce a quality research report.
Q10: How many students will enroll in this program?
A10: Our 2018 full-time MSc Finance cohort consists of 96 students, and we expect this level to remain stable for the 2019-2020 academic year. We welcome all eligible applicants who are interested in advanced training for careers in the financial industry.
Q11: How to apply for this program? Do I have to attend the National Postgraduate Admission Examination?
A11: CUHK-Shenzhen is approved by the Ministry of Education to enroll students independently, so applicants do not need to take the national examination. Students can submit applications and related materials at the official website of CUHK-Shenzhen.
Q12: How do you consider the application?
A12: The evaluation process is divided into two steps. First, we screen applicant information against our internal guidelines across several metrics: GPA, academic honors, internships, extracurricular actives, and English language skills, among other categories. Then, finalists are invited to Shenzhen, to participate in an entrance evaluation session. These sessions consist of a group interview among 7-8 people addressing a financial problem. Applicants display their team skills and ability to think “on their feet”. The discussion language is Chinese and duration here is about 30 to 40 minutes. Following this is a personal interview in English of 15-20 minutes in duration, where students present their personal qualities and answer related questions. A final requirement is an examination which includes English-language essay questions, and several statistical and calculus questions.
Q13: What is the English level required of admission ? Is the CET-6 acceptable?
A13:Our minimum requirements are the following: 1) TOEFL: paper examination 555, computer test 213, iBT 79; or 2) IELTS (academic): 6.5; or 3) GMAT: the Verbal is not less than 21; or 4) Degree in an accredited university in Hong Kong or English speaking countries; or 5) Recognized professional qualifications in Hong Kong or English speaking countries. 6) CET-6 and TEM-8 certificates can not be used as proof of English proficiency. Note that the MSc Finance program is highly selective, and we urge candidates to exceed these minimum levels of English-language competence.
Q14: What if I can't provide English language proof now?
A14: It can be submitted later, but not later than July 15, 2020. Conditional offers will be issued to applicants who have passed their interview but have not been able to provide proof of English language competency.
Q15: I have already accepted an offer for another master's programs in your school. Now I think this programme is more suitable for me. Can I transfer to it?
A15: No, different programs require separate applications.
Q16: When should I pay the application fee?
A16:Application fee is RMB 300, pay this via the online application system.
Q17: When should I pay the tuition fee?
A17:The total tuition fee is RMB 258,000, which is paid in installments. The first installment requires 20% of the total tuition fees to be paid within 15 working days. Further payments occur each semester. When choosing elective courses, the specific tuition amount depends on the number of core and elective course selected.
Q18: Does the tuition fee include textbook fee?
A18:No, students will need to buy textbooks themselves if needed.
Q19: Does the school offer scholarships?
A19: Yes, applicants who are admitted will automatically enter our scholarship pool and we will grant incoming scholarships based on the results of their undergraduate qualifications and accomplishments. At graduation, additional scholarships will be awarded to outstanding students based on their academic performance.
Q20: Does school provide accommodations?
A20:Yes, each room accommodates 3 students. For the 2019-2020 academic year, the accommodation fee is RMB 1200 per year.
Q21: Can students register as Shenzhen residents?
A21:Yes.Please submit the original residence permit, copy of the admission notice, original ID and photocopy (front and back on an A4 paper) and other materials to the security team's of registration office.