Master of Science in Finance and Data Analytics - HKU SPACE: Investment Management courses
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Accounting & FinanceInvestment Management

Master of Science in Finance and Data Analytics
金融及數據分析理學碩士

Course Code
FN058A
Application Code
1950-FN058A
Study mode
Part-time
Start Date
11 Oct 2021 (Mon)
Duration
2 years to 4 years
Language
English
Course Fee
Full programme fee: GBP15,500 (for 20-credit module, the module fee is GBP1,722 per module; for 40-credit dissertation module, the module fee is GBP3,446 per module).

Programme fee with 2 exempted modules: GBP11,000 (for 20-credit module, the module fee is GBP1,571 per module; for 40-credit dissertation module, the module fee is GBP3,145 per module).
Accept new application now. Planned commencement in October 2021.
Subject to final approval!
The course operator is applying for exemption under the Non-local Higher and Professional Education (Regulation)


University of Essex x HKU SPACE

Master of Science in Finance and Data Analytics (MSc FDA), in collaboration with Essex Business School of the University of Essex, is a 2-year part-time taught postgraduate programme for those with interests in big data and data analysis who want to work in specialist roles within the finance and investments sector.
 

UoE

Ranking of the University of Essex:

  • Awarded University of the Year in the Times Higher Education Awards 2018.
  • Essex is Top 15 in England for overall student satisfaction (NSS 2019, mainstream universities).
  • Ranked 4th in the UK for international outlook in the Times Higher Education World University Rankings 2020.

Key Features:

MSc Finance and Data Analytics prepares you for the financial services industry by equipping you with the quantitative, statistical and technical skills needed in a world powered by big data.

You master areas including:

  • big data
  • portfolio analysis
  • empirical financial methods
  • data analytics
  • trading global markets

 

Programme Objectives:

The programme aims to provide students with the opportunity to broaden and deepen their knowledge of advanced concepts in finance and data analytics, analyse the role of financial information and data, equip students with a knowledge of advanced research methodologies covering quantitative approaches to empirical research, provide students with the advanced knowledge and skills to enable them to proceed to independent, self-directed research and develop students' critical and analytical skills which will prepare them for employment in the financial or business sectors or an education environment.

Award:

A master’s degree will be awarded to a student who has satisfied all programme specific requirements and gained 180 University of Essex credits, of which 40 credits must be derived from a dissertation module or equivalent. A postgraduate diploma will be awarded to a student who has completed 120 credits from any 6 modules from Modules 1 to 7. A postgraduate certificate will be awarded to a student who has completed 60 credits from any 3 modules from Modules 1 to 7.

 

Application Code 1950-FN058A -

Non-Local Higher and Professional Education (Regulation) Ordinance

The School intends to apply for exemption under the Non-local Higher and Professional Education (Regulation) Ordinance. It is a matter of discretion for individual employers to recognise any qualification to which these courses may lead.

Master of Science in Finance and Data Analytics programme comprises eight modules and a total of 180 credits.

MODULE 1 - Research Methods in Finance: Empirical Methods in Finance

This module aims to enable students to acquire the skills necessary to understand and critically evaluate the research literature and develop and apply those skills and techniques when writing their dissertations over the Spring and Summer terms.

MODULE 2 - Finance Research Techniques Using Matlab

This module aims to develop and transmit knowledge about the Matlab software package and its usefulness in financial applications, give students knowledge of a number of key concepts in empirical finance and how Matlab can be used to analyse empirical data and provide students with a firm foundation for developing their own programmes in Matlab to tackle non-standard testing problems.

MODULE 3 - Portfolio Management

This module aims to immerse the students in the process of portfolio management. The module is specifically designed for students with an interest in becoming portfolio managers.
 

MODULE 4 - Modern Banking

This module aims to provide sound knowledge and in-depth understanding of the key concepts and main developments in modern banking, including Market structure, competition, SCP paradigm, mergers and acquisitions, banks’ objectives, efficiency in banking, regulation of the banking sector and the rationale for it, banking crises and international financial architecture and Financial technology innovation.

MODULE 5 - Data Analytics in Finance

This module aims to enable students to understand the applications of big data and data analytics in finance and critically evaluate the techniques above and provide a view on the future direction of innovation in the financial sector.
 

MODULE 6 - Data Analysis: Cross Sectional, Panel and Qualitative Data Methods

This module aims to enable students to understand different methods of data analysis in finance, critically evaluate the techniques above and apply them in corporate finance and banking, understand the nature and scope of financial research and its relevance to finance practice, understand and discuss critically the relevant literature on financial research, demonstrate a critical appreciation of various research approaches along with an awareness of both their contribution and limitations and evaluate different research methods (qualitative and quantitative) and understand their benefits and limitations.

MODULE 7 - Trading Global Financial Markets

This module aims to provide theoretical knowledge and practical understanding of financial markets, trading strategies, risk and money management and trader analytics. The module also aims to equip the students with the practical skills and knowledge to compete successfully in the marketplace.
 

MODULE 8 - MSc Finance and Investment: Dissertation

This module aims to apply the knowledge gained on this programme to produce an extended independent piece of work and generate an original idea, analyse literature and current knowledge and produce a coherent argument that shows students’ ability to relate theory to practice.

Applicants should hold a Bachelor (Honours) Degree with a lower-second class honours (2:2) or above in a numerate discipline such as Economics, Finance, Mathematics, Statistics, Science or Engineering. The Degree should contain at least one module relating to Economics or Finance (e.g., Mathematics (calculus), quantitative finance/methods or Econometrics (probability, statistics)) with a score of 50% or a pass in the module.

 

If the bachelor degree has not been taught and examined in English, applicants should have IELTS 6.5 overall with a minimum component score of 5.5.

 

Applicants with other qualifications and substantial senior level work experience will be considered on individual merit.

Course Fee
  • Full programme fee: GBP15,500 (for 20-credit module, the module fee is GBP1,722 per module; for 40-credit dissertation module, the module fee is GBP3,446 per module).

    Programme fee with 2 exempted modules: GBP11,000 (for 20-credit module, the module fee is GBP1,571 per module; for 40-credit dissertation module, the module fee is GBP3,145 per module).

Application Form Application Form

Enrolment Method

HKU SPACE provides 24-hour online application and payment service for students to make enrolment for most open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes via the Internet.  Applicants may settle the payment by using either PPS, VISA or Mastercard online.

  1. Complete the online application form

    Applicant may click the icon Apply Now on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.

    Some programmes/courses may be admitted by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage.  Only file format in doc, docx, jpg and pdf are supported. 

  2. Make Online Payment

    Pay the programme/course fees by either using:

    PPS via Internet - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.

    *Credit Card Online Payment - Course fees can be paid by VISA or MasterCard including the “HKU SPACE MasterCard”.

    *HKU SPACE MasterCard cardholders who wish to enjoy 10-month interest free instalment scheme must pay  their tuition fees in person at any our HKU SPACE Enrolment Centres.

To know more about online enrolment and payment, please refer to the user guide of Online Enrolment and Payment:

 

In Person / Mail

For first time enrolment

  1. For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.  
  2. Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.

For continuing enrolment in the same course

A. In person or by post
  1. The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.
  2. Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.
B. Online

Selected programmes offer online continuing enrolment service. Programme staff will inform students if they offer this service and offer further enrolment details.

If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres. 

Please note the followings for programme/course enrollment:

  1. To make an application online, you will need a computer with connection to the Internet and a web browser with JavaScript enabled. Internet Explorer 5.01 or above is recommended for the web browser.
  2. Applicants should not leave the online application idle for more than 10 minutes.  Otherwise, applicants must restart the application process.
  3. Only S-MILES and Early Bird Discount are supported in Online Applicants (Application).  To enjoy other types of discount, please visit one of our enrolment centres.
  4. During the online application process, asynchronous application and payment submission may occur.  Successful payment may not guarantee successful application.  In case of unsuccessful submission, our programme staff will contact you shortly.
  5. Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
  6. For online enrolment, payment confirmation page would be displayed after payment has been made successfully.  In addition, a confirmation email would also be sent to your email account.  You are advised to keep your payment confirmation for future enquiries.
  7. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
  8. If admission is by selection, the official receipt is not a guarantee that your application has been accepted.  We will inform you of the result as soon as possible after the closing date for application.  Unsuccessful applicants will be given a refund of programme/course fee if already paid.

Disclaimer

The School provides a platform for online services for a selected range of products it offers. While every effort is made to ensure timeliness and accuracy of information contained in this website, such information and materials are provided "as is" without express or implied warranty of any kind. In particular, no warranty or assurance regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer viruses is given in connection with such information and materials.

The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.

Payment Method
1. Cash, EPS  or WeChat Pay

Course fees can be paid by cash, EPS or WeChat Pay at any HKU SPACE Enrolment Centres.

2. Cheque or Bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying  “Course Application” on the envelope.  HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/MasterCard

Applicants may also pay the course fee by VISA or MasterCard, including the “HKU SPACE MasterCard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE MasterCard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online payment

The course fees of all open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes can be settled by using PPS via the Internet. Applicants may also pay the relevant course fees by VISA or MasterCard online. Please refer to the Online Services for details.

Notes

  • For general and short courses, applicants may be required to pay the course fee in cash or by EPS, WeChat Pay, Visa or MasterCard if the course is to start shortly.
  • Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
  • In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  • Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  • Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
  • For additional certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres. 

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University of Essex

Home to the curious, brave and bold

A university where curiosity prevails, and where exploring new ways of thinking and pushing boundaries, isn’t just encouraged, it’s expected. 

University of Essex was found in 1964. Over the next five decades close to 100,000 students from more than 140 countries have graduated and inspired by the inquisitive and ambitious Essex Spirit.

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Committed to Excellence in Teaching and Excellence in Research

Putting student success at the heart of the University’s mission, supporting every student from every background to achieve outstanding outcomes and preparing students to thrive in their future lives.