MA in Finance

 

Highlight of the Programme
The cross-border study Programme requires students to study across two Campuses: one year at the Peking University HSBC Business School - UK Campus (henceforth “UK Campus”), and another year at Peking University HSBC Business School – Shenzhen, China Campus (henceforth “the School"). The Programme provides students with an opportunity to gain more international learning experiences during their two-year full-time study at Peking University (PKU) in study of management and finance at the postgraduate level (Level 7). Students who have successfully completed the two-year study Programme will be awarded the Masters of Arts degree from Peking University.
 
Objective
The Programme aims to equip students with the necessary expertise to pursue careers in banking, investment and fund management, consulting, and public administration in finance. It will also provide the foundational and advance knowledge in financial and economic theories required by students to embark on further advanced research in academia. The Programme also prepares students for the examination towards the professional qualification of Chartered Financial Analyst (CFA) as the courses are recognised by the CFA for study of finance to the examination for the professional qualification. The Programme also aims to help students in building analytical abilities and the practical application of economic and financial theories in investigating issues relating to banking and financial markets. Students in this Programme will also have opportunities to gain cross-cultural experiences that will greatly enhance their international knowledge, skills, and capabilities which would enable them to pursue their career development globally.
 
Mode of Study
Time of Study
Two Years of Full Time: One year in the UK; One year in China
Maximal Period of Registration: 5 Years
 
Study Credits
Compulsory Courses:    42    
Optional Courses:          12
Total:                              54
 
Credits are transferable between the UK and China Campus
 
Learning Outcomes
• Acquire skills, theories and knowledge required in the preparation of the professional qualification examination of Chartered Financial Analyst (CFA).
• Acquire quantitative and econometric techniques for data processing and modelling.
• Build and develop analytical abilities in applying economic and financial theories, as well as econometrics and fintech to critically analyse the phenomenon and issues presented by financial markets and businesses
• Be skilled in problem-solving and critical thinking as a result of a good understanding of financial markets and institutions
• Understand ethical theories and issues presented in the banking industry as well as in business and management
• Be able to carry out effective communication through the professional presentation of their views and by logically explaining and defending arguments related to finance studies.
• Develop a global perspective through a cross-cultural learning experience
• Understand China’s economic reforms and challenges for its further development
•  Develop time management skills through the completion of works under specific timeframes.
 
Mode of Teaching
Lectures and Seminars/workshops
Teamwork
Independent Study
 
Learning and Teaching Strategies
To achieve the learning outcomes as specified in the curriculum, students will need to actively engage in learning through attending lectures, seminars, study workshops, participating and utilising team work in group discussions and presentations, as well as in research.
 
Learning from lectures will be supported through the provision of textbooks, academic papers, handouts, and other documents recommended by course lecturers.
 
Students will also be required to pursue independent study for research projects and their dissertation.  
 
Assessments
The primary assessment includes:
· Examinations: demonstration of knowledge, understanding and ability to apply knowledge that has been taught.
· Reports and Projects: demonstration of independent research skills, evaluation skills, project management and written communication skills.
· Essays: demonstration of analytical abilities and written communication skills
· Seminar based assessment: demonstration of knowledge, analytical abilities, and verbal communication skills.
· Presentations: demonstration of knowledge, understanding and verbal communication skills
· Assessments used for evaluating the learning outcomes above will be planned by the course lecturer in the course’s syllabus.
o If assessment is a written examination, then it follow these general guidelines: a 3-hour examination for 3 credit course, a 2-hour examination for 1.5 or 2 credit course, unless otherwise specified by the course lecturer.
o The assessment shall be graded according to the Assessment Policy, Moderation Policy, and Academic Regulations of the UK Campus.
o The assessment grade will be approved by the examination board of the UK Campus for all courses undertaken at the UK Campus.
 
Courses
All courses taught or lectured at the UK Campus for credit towards the international MBA degree of PKU will be approved by Peking University HSBC Business School (PHBS) – Shenzhen Campus.    
 
Students can take courses provided by PHBS at the Shenzhen Campus either via online lectures or via face-to-face teaching when the students go to Shenzhen, China for their 2nd year of study.
 
The syllabus of each course will be prepared by individual lecturers in line with the academic standards and required formats prescribed by Peking University (PKU), including assessment methods.
 
For a PKU credit course, each taught course will either have 24-36 of direct contact teaching hours for 3 credits, or 18 direct contact teaching hours for 1.5-2 credits.
 
Teaching can be delivered offline or online, depending on the circumstances.
 
A course will normally be taught in 8-9 consecutive weeks over a term with 4-4.5 hrs each week.
 
See List of Courses for MA in Finance that will be lectured in the UK Campus for the Cross-Border MA Study Programme.
 
See full list of courses that have been approved by PHBS for MA in Finance.
 
Criteria of admission for the Programme
(a)Satisfy the postgraduate admission criteria of Peking University
(b)IELTS 6.5 or equivalent for international students from outside China and non-English speaking countries or regions.
(c)First University degree at a grade of upper merit (2.1 from UK universities) or an overall GPA at or above 3.5 or equivalent
(d)  Satisfy Admission Interview if required
 
Dissertation
(1) Dissertation project shall normally be conducted at the School in China in the 2nd year study of the Programme, unless there is a special circumstance for students to pursue dissertation research at the UK Campus.
(2) Dissertation standard and supervision shall follow the Thesis Guidance of PKU;
(3) The supervisor shall normally be appointed by the School and a list of supervisors with their expertise will be provided by the School to students to consider their choice.
(4) The supervisor is expected to provide guidance when necessary, such as to suggest an initial reading list, and to advise on possible routes around research problems
(5) For supervision of individual projects, both student and supervisor are expected to establish a sensible working routine. The supervisor is expected to have one hour of contact time with the supervisee per week, on average, for the entire duration of the project. Email or Skype/Zoom communication may count as contact time.
(6) Dissertations will be structured as follows: title page, abstract, table of contents, main text including introduction, literature review, methodology, analysis/discussion, and concluding marks, plus the list of references and appendix if applicable.
(7) Dissertations shall be original, critical, structured, and formatted clearly in terms of its presentation and arguments
(8) Dissertations need to show clear evidence of understanding the difference between existing or previous studies on the topic and the contribution of the dissertation.   
(9) The dissertation can be written in either English or in Chinese with an abstract written in both English and Chinese.
(10) The length of the dissertation is usually around 8,000 - 12,000 words.
(11) The dissertation will normally take 5 months for research and writing.
(12) Assessment of dissertation is through a Viva Voce Examination attended by 3 independent examiners who are not engaged in supervision.   
(13) The deadline for handing in the dissertation will be set on the last week of April of the 2nd year of study, or in December if a delay in submission is permitted.
(14) The dissertation will be checked against plagiarism software (such as Turnitin) to prevent cases of plagiarism. The failing grade F will be given if instances of plagiarism is found.  
(15) The credit of dissertation is: pass or failure
(16) If the students failed the dissertation, then they will be required to resubmit their dissertation with time period specified by the School.
(17) Any complaints about supervision and appeals towards the outcome of dissertation shall follow the Student Complaints and Academic Appeals Policy and Procedures as of the UK Campus or the School.
 
Learning Support
• Student Induction week
• Student Handbook
• Course Handouts and Syllabus
• Electronic library facilities including access to journal papers and datasets
• Bloomberg data
• Textbooks for students to borrow
• Weekly Office Hours or direct email liaison with lecturers
• A computer room
• Statistical software, such as Stata, installed in computer room
• Senior Tutor advisory support
• After-class activities
• Welfare service support
• Dissertation supervisor for advice and guidance
• Staff-student liaison meeting
 
List of Courses for MA in Finance Taught in the UK Campus for cross-Border MA Study Programme
MA Finance  
Financial Accounting
04712550
C
Business Mathematics
04716532
C
Academic Writing
04716760
C
Chinese 1 & 2
04719220
S
Business Chinese
04719230
C
Research Methodology
04716272
C
Business Ethics
04716272
C
Managerial Economics /Microeconomics
04716851
C
Macroeconomics
04716940
C
Applied Econometrics
04716540
C
Corporate Finance
04716580
C
International Finance
04716110
S
Investment
04716052
C
Financial Markets
04716172
C
Artificial Intelligence Analytics 1  04716980 S
Introduction to Chinese Economy
04716722
C
Fixed Income Securities
04712040
S
Financial Risk Management 04716770 S
Blockchain and Digital Currency S
Merger and Acquisition
04716290
S
Independent Study of China
04716003
C
Note:  C – Compulsory Course;  S – Selective Courses
 
Full List of Courses Approved by PHBS for MA in Finance
Serial No. The Title of Courses The Type of courses* Credit
04716272 Business Ethics & Research Methodology R 3
04716532 Business Mathematics R 3
04716760 Academic Writing R 3
04716851 Microeconomics R 3
04716940 Macroeconomics R 3
04719220 Business Chinese I R 3
04719230 Business Chinese II R 3
04716003 Independent Study of China R 3
04716722 Introduction to Chinese Economy R 3
04716172 Financial Market R 3
04716540 Applied Econometrics R 3
04712550 Financial Accounting R 3
04716580 Corporate Finance R 3
04716052 Investment R 3
04716992 Stochastic Finance S 3
04716250 Assets Valuation Theory S 3
04716382 Advanced Econometrics I S 3
04716392 Advanced Econometrics II S 3
04716912 Topics in Quantitative Finance S 3
04716552 Applied Stochastic Processes S 3
04716332 Hedge Funds S 3
04716952 Empirical Asset Pricing S 3
04712070 Financial Econometrics S 3
04716252 Advanced Financial Economics S 3
04712060 Financial Modeling S 3
04716372 Market Microstructure S 3
04712040 Fixed Income Securities S 3
04716762 Corporate Governance S 3
04712550 Financial Accounting S 3
04716012 Entrepreneurial Finance S 3
04716052 Investment S 3
04716110 International Finance S 3
04716770 Principles of Risk Management and Insurance S 3
04706870 Public Finance S 3
04716050 Game Theory S 3
04716290 Mergers and Acquisitions S 3
04716470 Advanced Macroeconomics Ⅰ S 3
04716480 Advanced Macroeconomics Ⅱ S 3
04716580 Corporate Finance S 3
04716592 Economics of Public Issues S 3
04716712 Theoretical Foundations of Corporate Finance S 3
04716120 Money and Banking S 3
04716822 Bayesian Statistics S 3
04716840 Finance in Practice S 3
04716860 Financial Modeling II S 3
04716041 Empirical Industrial Organization S 3
04716990 Communication for Business S 3
04716031 Cutting-Edge Comparative Study of International Financial Service Laws S 3
04716980 IT Economics S 3
04716762 Corporate Governance S 3
04716462 Alternative Investments S 3
04712600 Managerial Accounting S 3
04716482 Derivative Pricing S 3
04716502 Research Topics in Corporate Finance S 3
04716742 Social Insurance S 3
04716022 Taxation and Business Strategy S 3
04712090 Financial Statement Analysis S 3
04712170 Theory and Practice of Socialism Ecnomics S 3
04716420 Independent Study S 3
04716001 Communication in a Global World S 3
04716790 Applied Research Seminars S 3
04716442 The Art of Leadership S 0
04716062 Economics of Poverty S 3
04716780 Economics of Transition S 3
04716080 Institutional Economics S 3
04719222 Spoken Chinese S 4
Note:  R – Required Course;  S – Selective Courses
 
How to apply
1. Send your CV and official transcripts in English to int.admission@phbs.pku.edu.cn  and copy phbsuk@pku.org.uk 
2. Start online application through www.studyatpku.com  after receiving instructions from us
3. Post all your documents and application forms to our admission office in Shenzhen, China :Admissions Office for International Students,Room 115 ,Peking University HSBC Business School University Town,Nanshan District Shenzhen China. Post code: 518055,
 
Documents that need to be included:
1. A copy of your degree certificate and transcript
2. Evidence of your English language qualifications
3. An up-to-date CV
4. Two academic references

Start Date: September 2023

Duration: 2 years

Tuition fees: £19,000 + RMB 60,000 or £25000