Quant Guide 2021: Hong Kong University of Science and Technology

Hong Kong, China

 

 

Hong Kong University of Science and Technology’s (HKUST) MSc in Financial Mathematics (MAFM) has swollen its ranks of instructors over the past year, reporting an additional 10 individuals joining the teaching staff, up to a total of 20 – half of whom have an industry affiliation.

Thanks to the ongoing impact of the coronavirus, teaching currently takes place in a mixed format, with some students attending sessions in person and others following along online via a simultaneous interactive livestream.

Successful completion of the programme requires students to pass 36 credits of course material, 27 of which have to come from a dedicated – and lengthy – group of financial mathematics models. Students are also able to take up to nine credits of free electives, or opt to complete project tasks set by industry supervisors in fields such as statistics or machine learning.

Regular modules on offer include classes in foundational topics, including stochastic calculus, quantitative risk management and portfolio optimisation, as well as newer, modish areas such as distributed ledger technology in financial applications and artificial intelligence. A dedicated module on financial markets in Hong Kong and China is also offered.

While the course does host a small number of international students, the majority of the intake comes from institutions throughout Hong Kong and mainland China, like Sun Yat-sen University, Wuhan University, and the neighbouring City University of Hong Kong.

View this institution’s entry in the 2020 guide

View other universities and a guide to the metrics tables

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• Topics
• Asia
• China
• Hong Kong
• Quantitative analysis
• Quantitative finance
• Quantitative finance