Faculty of business and economics quantitative finance. The university of hong kong hku we arent endorsed by this school. Bachelor of arts and sciences in financial technology basc. Topics in optimal stopping with applications in mathematical finance. The department of mathematics and alliance manchester business school at the university of manchester have combined their academic strength and practical expertise to deliver the msc in mathematical finance uk 1 year, ensuring that students can experience both the mathematical and economic perspective of the subject. Coursera mathematical methods for quantitative finance. Details of fees and charges are available to individual students for viewing through the student information system sis. Ms in mathematical finance msmf questrom school of. Mfin7003 mathematical techniques in finance section 1c, 2019. Quantitative methods in finance conference qmf 2006 in sydney, asian finance. The book is an extraordinarily intelligent work of loannis about mathematical finance.
Mathematics for finance an introduction to financial engineering with 75 figures 1 springer. It covers stochastic calculus, partial differential equation and applied probability. We want to study the so called market of options or derivatives. The bachelor of science, quantitative finance programme bscqfin is a premium finance programme. This syllabus applies to candidates admitted to the. Mathematics and statistics for daily life applications. Msc mathematical finance 2020 entry the university of. This course introduces elementary mathematical modeling techniques. Demonstrate an excellent understanding of key concepts and ideas by being able to identify the appropriate theorems and their applications through correctly analysing problems, clearly and elegantly presenting correct logical reasoning and argumentation and being able to carry out computations carefully and correctly, and with some innovative approaches to solving problems. In this paper, having been inspired by the work of kunita and seko, we study the pricing of penalty game call options on a stock with a dividend payment. Where did the 2015 accounting and finance graduates go. As for the intensive mathematics major, graduates are expected to have strong academic ability to pursue graduate studies or professional careers that require indepth mathematical training. This 3credit course introduces some popular mathematical and statistical tools used. The university of hong kong hku as a public funded university, almost 60% of the recurrent income of the university is borne by the hong kong sar government, while the balance is either covered by tuition fees, various kinds of grants or interest and investment income.
Advanced diploma in finance investment hku school of. Hope, fear, and aspirations he 2016 mathematical finance. The cohort to be admitted 201819 for msc in financial mathematics mafm is open for application on sep 1st, 2017. Maths 1009 introduction to financial mathematics i course. Mathematics and statistics for daily life applications course code.
English language, mathematics 6781 bachelor of business administration bachelor of business administration in accounting and finance bba bba. The university of hong kong faculty of business and economics fbe preliminary course list 202021 important notes. International conference of computing in economics and finance, 20. Stanford conference in quantitative finance in hong kong, the seventh world congress. In this thesis, efforts are devoted to mathematical modelling in production, operations and finance. If you plan to do a master or phd in economics or finance, the following courses are recommended. The bascfintech degree is designed to nurture financial technologists and entrepreneurs with essential knowledge in both finance and technology, so they can take leading roles in innovation and applications of financial technology. Kjell konis university of washington, keywords, journal, author. A study of mathematics etextbook usage in hong kong. Ug fina3350 mathematical finance 6 ug fina3351 spreadsheet financial modeling 6 ug fina3353 regulatory and operational issues in finance 6. Master of science in mathematical finance course details the pace of change in the. Mfin7003 mathematical techniques in finance 6 credits there are three main approaches to mathematical finance. The conference was organised by the department of applied mathematics and thedepartment ofstatisticsoftheuniversityca foscari venice italy,withthecollaborationof the department of economics and statisticalsciences of the university.
This syllabus applies to candidates admitted to the first year of study of the 4year. In particular, the course will cover two nobelprize winning frameworks, namely portfolio theory and the option pricing theory. Fina3350 mathematical finance fina3351 spreadsheet financial modeling 3 of the following courses at least one of them must be capstone. Students who apply to fbe should have a grade level of b average cgpa 3. Busi1002 introduction to accounting econ2210 microeconomics theory econ2220 macroeconomics theory fina2802 investments and portfolio analysis. Master of mathematical finance mathematical finance program requires a bachelors degree in a quantitative discipline such as mathematics, quantitative finance, engineering, or statistics with a minimum cumulative gpa of 3. Faculty of business and economics quantitative finance selection process required offered as. The mathematical finance msc, taught jointly by the school of mathematics and the department of economics, provides the skills that will enable graduates to apply their quantitative training to financial. Many mathematics graduates work in financial industry or. Math2241 introduction to mathematical analysis 6 any 6credit advanced level mathematics disciplinary elective chosen from the programmemajorminor structure in which math10 is the disciplinary core course for students taking programmemajorminor with disciplinary core courses. Applicants should provide a list of current courses and past exam result sheets or transcripts. Department of mathematics, hong kong university of science. Management stream, the financial technology fintech stream is also offered to. Mathematical modelling translates realworld problems into mathematical expressions to help people in industries develop scientific insights and make rational decisions.
An introduction to financial engineering marek capinski tomasz zastawniak. Courses are normally offered every year during the semesters indicated. Double master degree, msc in mathematics finance by hkbu and. Prerequisites and corequisites and impermissible combinations pass in math10 or math1821 or math1851 and math1853. Mathematical laboratory and modeling hku summer programme. Calculus is a branch of mathematics that finds wide applications in science, economics and finance, engineering and many other areas. Stationarity and wold representation theorem autoregressive and moving average arma models accommodating nonstationarity. This major emphasizes the application of mathematics, computer programming, and statistics to financial problems such as asset pricing and trading, portfolio management, financial engineering, and risk management. Access study documents, get answers to your study questions, and connect with real tutors for fina 3350. Together with maths 1010 applications of quantitative methods in finance i, this course provides an introduction to the basic mathematical concepts and techniques used in finance and business, highlighting the interrelationships of the mathematics and developing problem solving skills with a particular emphasis on financial and business applications. Financial derivatives assume that the price of a stock is given, at time t, by s t. Interested students should fill out the declaration of undergraduate minor program form rr37 together with the unofficial transcript to department of mathematics in rm 3461.
You will be guided by faculty members, worldrenowned authorities. The ranked us as one of the worlds leading quantitative finance masters programmes in the quant finance masters guide 2020. After taking this course, one should be able to fully understand noarbitrage theory, the blackscholes equation, riskneutral probability and martingales. Mathematical and statistical methods for actuarial. Your degree bachelor of science in actuarial science bscactuarial science bscactuarsc bscac department of statistics and actuarial science faculty of science 6 departmentsschool the university of hong kong 10 faculties. C c m a 4 0 0 8 aims and objective this course will focus on the teaching of quantitative skills which can be applied to the problems. We will achieve our mission through adhering to our core value real. If you are passionate about mathematics, quantitative finance, data analysis, and programming, and you have the determination to take on a demanding curriculum, the master of science in mathematical finance msmf is meant for you. Rapid technological advances combined with ever heightening customer expectations require.
The schedules for courses offered by the departments of mathematics, statistics, and electrical and computer engineering for ece 503 rarely vary, but the schedules for the remaining courses are provided for guidance only. Fina3350 mathematical finance 6 fina3353 regulatory and operational issues in finance 6 fina4350 text analytics and natural language processing in finance and fintech 6 fite3010 big data and data mining 6 fite3011 distributed ledger and blockchain 6 fite3012 epayment and cryptocurrency 6. After taking this course, one should be able to fully understand noarbitrage theory, thscholes equation, riske blackneutral probability and martingales. Bachelor of science in quantitative finance the university of hong. The course on mathematical finance gives an introduction to this interesting and growing area. The department offers higher degrees in statistics, probability and actuarial science.
Advanced diploma in finance investment introduction hku space offers this parttime programme leading to an advanced diploma in finance investment. For reference only prepared by hku international affairs office on sep 9, 2019. The model provides analytical formulas for an equity premium and a more general pricing kernel that links the physical and risk. Our mission is to strive to be a centre of excellence in financial management, providing professional, clientoriented and distinguished services to the university community. These subjects are of a diverse character, ranging from abstract mathematical theory, through statistical methodology to practical application in many other fields including actuarial science. The university of hong kong hku admissions and academic. Course objectives, this course gives an elementary treatment for the modeling of financial derivatives, asset. Hku overall refers to the figure for the total hku population and includes m. To facilitate research into financial mathematics, samsi offered a semester long program in financial mathematics, statistics, and econometrics.
Mathematical concepts and methods, as well as some business and economics applications, would be emphasized so that students could be furnished with the essential mathematical skills for the senior courses in these disciplines. Access study documents, get answers to your study questions, and connect with real tutors for math 1009. He mainly targets the mathematically sounded crowd that knows probability and stochastic concepts but is not familiar with its application in finance. The student unit of the finance and enterprises office feo, which is located on 1f, knowles building, is available to offer assistance to students in relation to financial matters such as fees, university charges and payment of scholarship, bursary, and loan awards, etc. Mathematical finance this course is ideal for students who want a rigorous introduction to. The application period for admissions 20202021 is now open. Ug math2822 mathematical methods for actuarial science ii 6 ug math3002 mathematics seminar 6 ug math3301 algebra i 6. Mathematical finance mathematical finance is the study of the mathematical models of financial markets. University of leicester master of science in finance the msc in finance will develop your understanding of the concepts of finance and the role of financial management in a variety of organisations and sectors. A study of mathematics etextbook usage in hong kong primary school wilton w.
Online syllabuses and regulations 4 years curriculum. Fina2390 financial programming and databases fina3322 credit risk fina3323 fixed income securities fina3353 regulatory and operational issues in finance. This programme aims to provide strong fundamental knowledge and training in studies of financial services. Major in mathematics economicsfinance luo guannan and jian bo both math major are now doing a phd in economics at northwestern university and university of chicago respectively. Mathematical laboratory and modeling summerinstitute. Basic mathematics for business and economics or math1011 university mathematics i or. Hku space community college associate degree programmes 201617 course document course title. Faculty recruiting committee member, school of economics and finance, hku, 2009present. This paper develops an equilibrium asset and option pricing model in a production economy under jump diffusion. Interacting default intensity with a hidden markov process. An emerging interdisciplinary area with very high impact on the economy of every society, this programme combines computing, finance, and policies and regulations. Careers and placement, centre of development and resources for students page 1. In the qs 2020 ranking by subject, hku mathematics ranks no. Faculty recruiting committee chair, school of economics and finance, hku, 2015.
A dmissions decisions are generally available in eight weeks after the application deadline and successful applicants will be notified by email. Fina3350 mathematical finance 3 6 fina3351 spreadsheet financial modeling 3 6. Economics seminar coordinator, school of economics and finance, hku, june 2012 june 2015. R eliable staff and operating systems, cultivated through continuous training and development. Built on a solid foundation in economics and finance. In any case, students are strongly recommended to make their own insurance arrangements throughout the entire period of. Also, a powerful and free software scilab would be taught and used to study models in physics, chemistry, biology, ecology and management. Game options analysis of the information role of call policies in convertible bonds, applied mathematical finance, vol.
Students of creditbearing programmes can apply a transcript stated with hku credits, please contact your home institution about the issue related to hku credits recognition. Students with good grades in hkdse math module 1 or math module 2 or other equivalent qualifications and have strong interests in math may also apply for taking this course concurrently with its prerequisites courses subject to the approval from course selection advisors. Qs world university ranking please select asia for location in the 2020 times higher education world university rankings, hku ranks no. Our services range from design and development, construction and commissioning, and the provision of facility management services for the university premises. Hull an elementary introduction to mathematical finance sheldon m heard on the street. Mathematics,economics and finance non mathematics courses for students who are interested in economics and finance, and plan to take some professional examinations in related fields. The qs world ranking by subject for hku statistics rose from 26th in 2011 to 20th in 2017 hku is ranked no. It is specifically designed for students who are interested in the above subjects and those whose majors require sophisticated mathematical skills. For courses offered by the school of economics and finance, the final. The estates office serves the university in campus planning and development, project management and facility management functions. The course covers the following fundamental topics in. Ug stat7615 advanced quantitative risk management and finance 6 for reference only prepared by hku international affairs office on sep 9, 2019. This is a required course for mathematics and mathematicsphysics majors, and is suitable for all students in science, engineering, economics and finance, and other students who will use multivariable calculus in their areas of study. Department of statistics and actuarial science, hku.
This major emphasizes the application of mathematics, computer programming, and. This course is the same as the summer course math1641 offered to non hku undergraduate students. To learn more about quantitative finance, can read the following books options, futures, and other derivatives john c. Management stream, the financial technology fintech stream is also offered.
The msc program in financial mathematics mafm has recently been highlighted in s guide to the worlds leading quantitative finance masters programs. Finance and enterprises office the university of hong kong. In addition to corporate finance stream, financial engineering stream and risk. Finance and enterprises office fulltime 201718 hku. This course provides students with the necessary mathematical techniques used in continuoustime finance. The training prepares students to pursue challenging careers in financial sector as financial engineers, risk. The next round deadline for local applicant only is on april 27, 2020 12 noon, hong kong time. Kwok, signaling game models of equity financing under information.
1552 186 620 375 998 897 1317 430 925 768 1218 1263 7 1566 1127 194 1037 341 837 887 13 70 678 1539 78 493 419 117 550 1262 115 184 1194 636 178 300 1148 75 1366 1037 856 738 1113 993 434 1400