Department of Economics and Finance City University of

Department of Economics and Finance, City University of Hong Kong Page 1

B. B. A. (Hons. ) n Business Economics n Finance n Financial Engineering Department of Economics and Finance, City University of Hong Kong Page 2

B. B. A. (Hons. ) in Business Economics Department of Economics and Finance, City University of Hong Kong Page 3

Business Economics: Aims n n Train economic analysts and business economists who can support management decision-making Enable students to make sound economic decisions Department of Economics and Finance, City University of Hong Kong Page 4

Business Economics: Objectives n Develop skills in economic reasoning n Analyze relevant economic information n Provide students with communicative skills n Learn comprehensive and balanced knowledge Department of Economics and Finance, City University of Hong Kong Page 5

Business Economics: Course Components: Core n n n Methodology components: accounting, quantitative methods Environment components: language, regional economies; and Minor and electives Department of Economics and Finance, City University of Hong Kong Page 6

Business Economics: Focus Areas (Year 3) n International Trade n Industry Analysis n Urban and Property Market n Banking and Finance Department of Economics and Finance, City University of Hong Kong Page 7

Business Economics: Study Culture n Teaching and learning support n Scholarships and Dean’s List n Internship and job market for graduates n Exchange programmes (North America & Europe) n Whole-person development Department of Economics and Finance, City University of Hong Kong Page 8

B. B. A. (Hons. ) in Finance Department of Economics and Finance, City University of Hong Kong Page 9

Finance: Aims n Prepare graduates for responsible management positions in the area of finance in the industrial, commercial, financial and government sectors Department of Economics and Finance, City University of Hong Kong Page 10

Finance: Objectives n n n Develop student capability of financial asset valuation Enable students to make competent financial decisions Enable students to take a comprehensive and balanced view of overall business decisions and corporate strategies Department of Economics and Finance, City University of Hong Kong Page 11

Finance: Programme ¢ Faculty Core (Year 1 and first half of year 2) ¾ Methodology Components n Accounting, Quantitative Methods, Finance, Economics ¾ Environment Components n Business and Management, Law n Communication Skills Department of Economics and Finance, City University of Hong Kong Page 12

Finance: Programme n Financial Markets (Second half of year 2) n Financial Management n Security Analysis n Asia-Pacific Capital Markets Department of Economics and Finance, City University of Hong Kong Page 13

Finance: Programme ¢ Finance Focus (Year 3) n Corporate Finance n Security Analysis and Portfolio Management (Investment) n Banking and Management of Financial Institutions Department of Economics and Finance, City University of Hong Kong Page 14

Finance: Special Features n n Solid training in both theory and practice of finance Emphasize on interaction with other business disciplines n Focus on the Asia-Pacific region n Summer in finance courses Department of Economics and Finance, City University of Hong Kong Page 15

Finance: Career Prospects ¢ ¢ ¢ Financial Sector ¾ Commercial and Investment Banking ¾ Securities and Futures Markets ¾ Fund Management ¾ Insurance Business Sector ¾ Accounting, Financial Control, Treasury and General Management Public Sector Department of Economics and Finance, City University of Hong Kong Page 16

B. B. A. (Hons. ) in Financial Engineering Department of Economics and Finance, City University of Hong Kong Page 17

What is Financial Engineering? n n Financial engineering is about finding innovative ways to finance and invest It is the unique combination of finance theory, advanced mathematical skills and information technology that characterizes the financial engineering profession Department of Economics and Finance, City University of Hong Kong Page 18

Financial Engineering: Aims ¢ Train financial engineers who are capable of integrating sophisticated mathematical techniques with financial theory and computer technology ¾ To design new financial products ¾ To manage market and credit risk of a portfolio of investment products Department of Economics and Finance, City University of Hong Kong Page 19

Financial Engineering: Objectives n n Develop students’ skills to use derivative instruments in risk management Develop students’ skills to detect mispriced securities to achieve arbitrage profits Provide students with mathematical fundamentals in financial product design Provide students with knowledge of computer technology to manage profit and loss of a portfolio Department of Economics and Finance, City University of Hong Kong Page 20

Financial Engineering: Components ¢ Faculty Core ¾ Methodology Components n Accounting, Economics ¾ Environment Components n Business and Management, Information Systems n Communication Skills in English and Putonghua Department of Economics and Finance, City University of Hong Kong Page 21

Financial Engineering: Major (I) ¢ Quantitative Methods ¾ Financial Mathematics ¾ Numerical Methods ¾ Programming Department of Economics and Finance, City University of Hong Kong Page 22

Financial Engineering: Major (II) ¢ Finance Core ¾ Financial Management ¾ Financial Markets ¾ Securities Analysis and Portfolio Management ¾ Assets Pricing ¾ Derivatives and Risk Management Department of Economics and Finance, City University of Hong Kong Page 23

Financial Engineering: Minor n Accountancy, Management Science, Business Studies, International Business Studies, Finance, Business Economics, Information Systems and many more. . . Department of Economics and Finance, City University of Hong Kong Page 24

Financial Engineering: Special Features n Solid training in quantitative methods and finance n Focus on theoretical applications in practice n Develop sophisticated trading strategies and risk management techniques Department of Economics and Finance, City University of Hong Kong Page 25

Financial Engineering: Career Prospects ¢ ¢ ¢ Financial Sector ¾ Commercial and Investment Banking ¾ Securities and Futures Markets ¾ Fund Management ¾ Insurance Business Sector ¾ Accounting, Risk Management, Treasury and General Management Public Sector Department of Economics and Finance, City University of Hong Kong Page 26

Student Learning Activities ¢ ¢ ¢ ¢ Student Exchange Programmes Internships Study Tours Company Visits Dinner Seminars Personal and Student Mentoring Meeting Leaders Department of Economics and Finance, City University of Hong Kong Page 27

Connection with Community (I) ¢ Executive training, consultancy and research projects for following organizations ¾ Pacific Economic Corporation Council ¾ World Bank ¾ People’s Bank of China ¾ Financial Services Branch ¾ Hong Kong Monetary Authority Department of Economics and Finance, City University of Hong Kong Page 28

Connection with Community (II) n n n n Hong Kong Forex Association Stock Exchange of Hong Kong Futures Exchange of Hong Kong Consumer Council Vocational Training Council Bank of China Group and many more. . . Department of Economics and Finance, City University of Hong Kong Page 29

Advisors (I) n n Professor Gregory Chow Professor Isaac Ehrlich Professor Gene Grossman Professor Reinhard Selten Department of Economics and Finance, City University of Hong Kong Page 30

Advisors (II) ¢ Senior executives from various organizations ¾ Chinese University of Hong Kong ¾ Hong Kong Institute of Bankers ¾ Hong Kong Mortgage Corporation Ltd. ¾ H & L Business Consultants Ltd. ¾ Wing Lung Bank Department of Economics and Finance, City University of Hong Kong Page 31

Alumni Association ¢ ¢ Alumni ¾ undergraduate programmes ¾ executive programmes Close connection among our graduates, faculty members and outside business organizations Department of Economics and Finance, City University of Hong Kong Page 32

Department of Economics and Finance City University of Hong Kong YOUR RIGHT CHOICE!! Department of Economics and Finance, City University of Hong Kong Page 33