FAQs

For Prospective Students

Why should I choose the BSc in Quantitative Finance from HKUST and not elsewhere?

The QFIN program at HKUST Business School is a true integration of several components – finance, business, mathematics, statistics, and computer technology – which prepare students to meet increasing demand from finance jobs that rewards people with strong analytical minds and technical skills.

The program also emphasizes building communication, interpersonal and organization skills. This is achieved through a wide range of enrichment courses and activities, including the Bloomberg Product Certification Program, Reuters Analytics course, Finance Practicum, international exchange program, business mentoring program, international business case competition, and internship opportunities.

Furthermore, the HKUST QFIN program benefits from an internationally reputable finance department. The HKUST Finance Department is consistently ranked No. 1 in Asia-Pacific, and is compared favorably with top universities in the world.

How does the BSc in Quantitative Finance differ from other HKUST business programs?

QFIN vs. BBA in Finance:

The main feature of the QFIN program is its quantitative component. The program consists of more statistics/mathematics/computer courses and less management/marketing/accounting courses.

QFIN vs. BSc in Economics and Finance:

Students in the QFIN program take more statistics/mathematics/computer courses and less economics courses.

What are the major differences between Quantitative Finance and Actuarial Science?

Quantitative Finance Actuarial Science

Offered by finance department in the business school Offered by statistics department in the science school

Specializes on finance theory and computational skills Specializes on probability and statistical theory

Applies finance knowledge, together with mathematical and statistical tolls, to solve for business problems Applies statistical knowledge to solve for problems in insurance

Graduates will be employed by commercial banks, investment banks, fund houses, securities firms, and insurance companies. Graduates will typically work in the insurance industry.

Is having a strong background in mathematics necessary for studying the QFIN program? Will students from the arts stream be less competitive or have any disadvantage?

Given its quantitative feature, students with strong mathematics background will have an easier start in the program.

Is interview required for admission to the program?

Yes, the purpose of the interview is for the candidates to learn more about the program and the Finance Department and for the Department to meet the potential students. Even though academic performance is the major factor in our student selection process, we consider interview to be an important exercise as well. After all, we are looking for students who have an analytical mind, good communication skill, and wide interests.

Are there any scholarships offered by the HKUST Business School?

The University administers a number of scholarships and prizes on behalf of individual and corporate donors. Most are awarded to students, without application, on the strength of academic merit and the recommendations of a school or department. Other scholarships may have conditions specified by the donor. Details are obtainable from the Scholarships & Financial Aid Office or at this website: http://sfao.ust.hk/main/index.html.

 

For Current HKUST Students

Is it possible to transfer from the BBA or other HKUST program to the BSc in Quantitative Finance?

Students who wish to transfer to the QFIN program should apply as soon as possible. A Program Transfer application form, along with an updated transcript and resume, should be submitted to the Department of Finance. Applicants must obtain a CGA of B+ or above. Selected applicants will be invited to an interview.

What is the maximum number of course credits that students could take each semester?

Please visit HKUST Business School - Undergraduate Programs for further information.