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Finance deals with individual and corporate decisions on the allocation of financial resources. Three major areas in Finance are Corporate Finance, Investment and Portfolio Management, as well as Financial Markets and Institutions. Corporate Finance analyses the investment and financing decisions of firms, including mergers and acquisitions. Investment and Portfolio Management deals with the problems of asset pricing, portfolio design and risk management by individuals and investment firms, such as unit trusts. Financial Markets and Institutions present the unifying framework and environment in which financial activities take place. In addition to the above, courses are offered in international financial management, speculative markets, and other topics of interest to the Asia-Pacific region. The BBA degree in Finance suitably equips a student for the pursuit of careers in banking, financial analysis and investment.

Business organizations need people who have training in finance. Hong Kong is a major financial center in Asia and provides ample job opportunities for students graduating as finance majors. Graduates in finance normally take up jobs with commercial banks, investment banking houses, insurance firms, accounting firms, management consulting firms, government agencies, and large and small corporations 

 

 
 
 
 

Major Selection Criteria

Students enter the BBA program in which they are given a broad.based foundation training in the first year.  Student will select Finance as a major subject area of study from the second year.

Students who wish to major in Finance should have at least C+ CGA and C+ in FINA111 (Financial Management). Students who wish to choose Finance as their second major should have at least C+ CGA and B in FINA111. These are minimum requirements and the actual cutoffs are much higher.

In year 2005, we will admit 85 first major students and 15 second majors. 

More information about UG programs can be found here. [Admissions Matters]




What is required for a BBA in Finance?

(For students admitted in 2004-05)

  • A minimum of 101 credits is required for a BBA in Finance.
    • Students must take additional courses and/or higher credit courses to meet this requirement.
  • The main requirements for Major are:
    • Take required courses ACCT203, FINA221 and FINA321 in the 1st and 2nd semester of the second year, respectively.
    • In addition, a minimum of 3 finance electives is required. 

See the Undergraduate Curriculum Handbook here. [Curriculum]

 

  Recommended Pattern of Study:
(For students admitted in 2004-05)
  YEAR 1 Core Required  
    Fall
ACCT 101
ECON 110/111/191
ISMT 111
LANG 107
MATH 005/MATH006/FREE
 
         
    Spring
FINA 111
ISMT 101
ISMT 161
MARK 112
MGTO 121
MATH005
LANG 107
 
  YEAR 2 Required Elective  
    Fall
ACCT203
FINA 221
LANG 111
MGTO 222
GEE(ENGG)
GEE(H&SS)
 
 
    Spring
FINA 321
LANG 201
One FINA
GEE(SCIE)
GEE(H&SS)
 
  YEAR 3 Required Elective  
    Fall
  Two FINA
GEE(H&SS)
Two FREE
 
 
    Spring
  GEE(H&SS)
3-4 FREE
 

Notes
  1. The above recommended pattern of study is for reference only.  Current students should refer to the latest issue of "Undergraduate Curriculum Handbook" for program requirements.
  2. Prospective students should refer to the latest issue of the Academic Calendar for a description of the BBA(FINA) CURRICULUM.



    Requirements for students opting for second major in Finance 
  • Requirements for Graduation same as that of the first major.
  • Registration priority in courses is given to the first major students. However, if courses still have quota, then 2nd majors will have priority from the waiting list.




Declaring Double Major in Year 3

  • Second major programs will not be shown in the transcript unless necessary forms have been filled out in year 3.
  • If you did not declare finance double major at the end of year one, then you can do so in the third year provided you have fulfilled the requirements.
    • However, you do not have priority in course registration, so meeting the requirements may be difficult.


  Transferring to Finance Major (program transfer)
 

Minimum requirements to be considered for a program transfer include (i) a CGA of B and (ii) a B in FINA221. Meeting these criteria, however, would not automatically qualify you for a program transfer. You also need to provide us with recommendation from at least one faculty member and additionally appear for an interview.



  Employment prospects
  • Hong Kong - being a major financial center in Asia - has numerous banks, financial institutions and global corporations.
  • Graduates in Finance typically find jobs with:
    • Commercial banks
    • Investment banking houses
    • Insurance firms
    • Accounting firms
    • Management consulting firms
    • Government agencies
    • Large and small corporations.



  2001 Employment Statistics for FINA UG graduates
  Gross monthly salary
 
 
 

Median : $11,417
Mean : $11,601

 
  Distribution by type of job:  
 

Banking/Finance
Accounting/Auditing/Taxation/Secretarial
Marketing/Sales
Administrative/Management
Insurance Services
Teaching/Lecturing
Systems Analysis/Programming
Economic/Statistical work
Other

16.4%
21.6%
18.1%
18.1%
5.2%
2.6%
2.6%
2.6%
  
 

  Distribution by Employer type:
 

Insurance/Finance/Banking/Accounting firms :

Manufacturing/Retail

Companies in Property Sector

IT

35/80

10/80

6/80

8/80
 

  Some visible employers (in alphabetical order)
 

HKSAR Govt
Benelux
BNP Paribus
Calbee Four Seas
Cathay Pacific
Cheung Kong
City Telecom
Deloitte Touche Risk
Deloitte Touche Tohmatsu
Ernst & Young
Exxommobil
Hang Seng Bank
Henderson Land Deveopment
Hong Kong Baptist University
Hong Kong Broadband Network
HSBC
KCRC
KPMG
PCCW
PricewaterhouseCoopers
QPL
Standard Chartered Bank

 


  What is Finance about?
   
  • Three Broad Areas:
    • Corporate Finance
    • Investment and Portfolio Management
    • Financial Institutions & Markets
  • Focus on special issues facing firms in the Asia-Pacific region.
  • In addition, special courses such as:
    • Speculative Markets
    • International Finance



New Electives – focus on the practice of finance

  • Special course in Security Analysis 
    • Hands on experience in writing research reports on companies
    • Invited guest lecturers are industry experts – financial analysts and senior investment professionals.
  • Advanced topics in Corporate Finance 
    • Focuses on real world decisions facing firms using real world case studies
  • Behavioral Finance
    • Fun course at the cutting edge of finance:
      • How investor psychology affects stock prices
      • Explains what drives investor decision making