Programme Introduction
Mastering the Science of Risk Management in Our Risk Management Science Programme
Since its establishment in 2000, the Risk Management Science Programme has been a pioneer in Hong Kong for nurturing well-trained professionals in the risk-management field. The Programme is suitable for students who have strong interest in mathematical and scientific methodologies, and in pursuing a career in the financial industry or related areas. To meet the increasing demand for talent in data science, the programme launched a new study stream of risk analytics in the 2017-18 academic year. The new study stream is tailored for students pursuing frontier knowledge in big data technologies in the financial industry.
Craft Your Path
As this is an interdisciplinary subject, students enrolled in the programme receive solid training in the latest state-of-the-art statistical techniques, including big data analytics, deep learning and AI, and other foundational subjects, including finance, economics, accounting, mathematics and computer science. The core programme also comprises practical courses in the following fields:
- numerical methods
- portfolio management
- financial economics
- data structures
- accounting principles
Upon graduation, students are well equipped for positions in risk management, finance, banking, insurance and related areas in which the quantitative and analytical skills of risk management are required.
Career Prospects
Our graduates have a wide range of career choices in finance, banking, insurance and related areas. New graduates commonly work as assistant risk managers, market risk officers, credit risk officers, market risk analysts, financial analysts, quantitative analysts, actuarial officers, accounting officers, etc. in major commercial banks, investment banks, security houses, insurance companies and accounting firms. Some of our graduates pursue Master’s and doctoral degrees in prestigious schools in Hong Kong and overseas. The employment statistics of our graduates in the past five years are as follows:
- Banking/Finance: Approximately 46%
- Accounting/Insurance/Business Consultants: About 13%
- Others: About 13% in the education, computer engineering or IT fields
- Postgraduate Studies: Around 28%
Employers include investment banks (JPMorgan Chase & Co., Goldman Sachs, Morgan Stanley), retail banks (HSBC, Standard Chartered), financial services (Bloomberg), accounting and insurance firms (Deloitte & Touche, KPMG), and government services (Hong Kong Monetary Authority).
[Figures as of June 2022]
The curriculum provides intensive qualitative and quantitative training in risk analysis and covers topics included in the professional exams for Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and the Society of Actuaries (SOA). Graduates are equipped with essential techniques for highly quantitative work in the financial industry.
If you are interested in this programme, please review the application requirements and deadlines specific to the respective admission scheme to increase your chances of getting accepted.
