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BusinessFinance and Investment

Postgraduate Diploma in Investment Management
投資管理學深造文憑

Course Code
FN018A
Application Code
1550-FN018A (Oct 2017 intake)
1570-FN018A (Feb 2018 intake)

Study mode
Part-time
Start Date
09 Oct 2017 (Mon)
Next intake(s)
02-2018
Duration
12 months to 18 months
Language
English
Course Fee
HK$6500 per module
Apply Now
Deadline on 28 Sep 2017 (Thu)
Enquiries
2867 8476
2858 4750
The most Comprehensive Investment course you will ever need.

Apply Now for October intake - Study Financial Management wth Mr. Kao. Derivatives will be offered as well with Mr. Yeung.

Next intake will be in February, Analytical Tools, Equity & Alternative Investment will be offered.

This Postgraduate Diploma is one of the most comprehensive courses offered by HKU SPACE in Investment Management. It is designed to follow the CFA syllabus and to focus on the current market trends and regulatory progression. This programme attracts a diverse group of students with background from finance, engineering, technology, business, management, government. Tutors are all market practitioners. 

The Postgraduate Diploma in Investment Management programme covers in details a wide range of financial investment concepts. It has a rigorous syllabus. Students will learn the theories that underlie investment decisions, as well as practical real world case studies; Students will also learn how to apply the knowledge and techniques used by market professionals.  Students with quantatative background will be able to learn the financial theories and concepts much easier in this programme.

 

Highlights of programme (30 secs):

Required: (New students should take these 2 modules first)
1. Analytical Tools for Investment Management
2. Financial Management
   
Electives:  (Modules 7 & 8 are offered on demand only)
3. Debt Investments
4. Equity and Alternative Investments
5. Derivative Investments
6. Portfolio Management  **offered once a year**
7. Financial Markets and Regulatory Framework
8. Corporate Governance

*Please download the programme leaflet for detailed course description.

Students who complete Modules 1 and 2 and any 4 modules from Modules 3-8 will be awarded the Postgraduate Diploma in Investment Management.

Students who complete Modules 1-2 and any two modules from Modules 3, 4, 5, 7, 8 may apply to exit the programme with the award of Postgraduate Certificate in Investment Management.

Graduates of the Postgraduate Diploma in Investment Management who complete Modules 1-6 may be able to articulate to Edinburgh Napier University’s Master of Science in International Banking and Finance with two exemptions for Financial Management and Financial Markets, Institutions and Banking. 

Application Code 1550-FN018A (Oct 2017 intake) -
Start Date 09 Oct 2017
Application Code 1570-FN018A (Feb 2018 intake) -
Start Date 05 Feb 2018

Days / Time
  • Mon, Thu, -
Duration
  • All modules comprise 42 hours except:
    Financial Management (45 hours), Financial Markets and Regulatory Framework (39 hours).

    The entire programme can be completed in 12-18 months.
Venue

1. Analytical Tools for Investment Management - This module combines Quantitative Methods and Macroeconomics, two basic subject areas that students must master to pursue more in-depth study of investment topics. Quantitative Methods will cover time value of money, discounted cash flow analysis, probability and statistical concepts, regression analysis and time series. Macroeconomics will cover measurement of GDP and inflation, aggregate demand and supply, Keynesian and Monetary policy and exchange rate determination.

2. Financial Management - This module combines Corporate Finance and Financial Statement Analysis.  Corporate Finance topics include capital budgeting and cost of capital, capital structure, dividend policy, warrants and convertibles, mergers and acquisition and corporate governance. Financial Statement Analysis teaches the analysis of financial stamens from a user's perspective and includes detailed coverage of major items on the income statement, balance sheet and statement of cash flows. Current topics in accounting are also included.

3. Debt Investments - This module covers the analysis of various categories of fixed income instruments including bond investments with various embedded options, mortgage-backed securities, asset-backed securities and interest rate derivatives. Strategies for managing a fixed income portfolio will also be discussed.

4. Equity and Alternative Investments - This modules introduces the most commonly used methods of valuing equities including the discounted dividend valuation approach, free cash flow approach, residual income valuation and the use of price multiples. Alternative investments such as real estate investments, private equity, venture capital and hedge funds will also be taught in this module.

5. Derivative Investments - This module exposes students to the full range of derivative instruments such as forwards, futures, options and swaps. These instruments are analyzed with respect to various underlying assets such as equity, foreign exchange, interest rates, stock indexes and commodities.

6. Portfolio Management - This module provides an in-depth study of the two major portfolio theories – the Capital Asset Pricing Model and Arbitrage Pricing Theory. In addition many current topics in portfolio management will also be covered. These include but are not limited to behavioral finance, strategies for managing personal versus institutional portfolios, ways of rebalancing the investment portfolio, equity indexing, performance measurement and selection of fund managers.

The following modules are being offered in  October 2017 intake: PGDIM2017OctSchedule

1. Financial  Management

Tutor:  Mr. Andrew Kao. Associate member of ACCA, CPA and CFP certificant. Over 20 years experience in the academic profession. Current Executive Director and Financial Controller of a manufacturing and supply chain management company.   He holds a MS in Information System Management from HKUST, a MS in Accountancy from HKPolyU and a Ms in Financial Economics from University of London.

2. Derivative Investments 

Tutor: Mr. Chris Yeung. He  is currently working in insurance industry specialized in the life insurance area. He has been providing in-house training in financial planning and  insurance. Prior,  Chris worked in a listed independent financial advisory firm as a wealth management advisor and provided investment recommendation. He received a Bachelor's degree from the University of California, Riverside in Business Administration and a Master's degree in Investment Management from The Hong Kong University of Science and Technology concentrates on Asset Management. He is also a CFP professional.

The following modules are being offered in February 2017 intake: 2018 February Class Schedule  

1.  Analytical Tools for Investment Management

Tutor:  Mr. Andrew Kao. Associate member of ACCA, CPA and CFP certificant. Over 20 years experience in the academic profession. Current Executive Director and Financial Controller of a manufacturing and supply chain management company.   He holds a MS in Information System Management from HKUST, a MS in Accountancy from HKPolyU and a Ms in Financial Economics from University of London.

2. Equity and Alternative Investments

Tutor: Mr. Chris Yeung. He  is currently working in insurance industry specialized in the life insurance area. He has been providing in-house training in financial planning and  insurance. Prior,  Chris worked in a listed independent financial advisory firm as a wealth management advisor and provided investment recommendation. He received a Bachelor's degree from the University of California, Riverside in Business Administration and a Master's degree in Investment Management from The Hong Kong University of Science and Technology concentrates on Asset Management. He is also a CFP professional.

Applicants shall

a)  hold a bachelor’s degree in quantitative discipline such as Finance, Accounting, Economics, Mathematics, Statistics or Engineering awarded by a recognized university.
and
b)   provide evidence of English proficiency (if the degree or equivalent qualification is from an institution where the language of teaching and assessment is not English) such as:

  1. an overall band of 6.0 with no subtests lower than 5.5 in the IELTS;
  2. a score of 550 in the paper-based TOEFL,  or a score of 213 in the computer-based TOEFL, or a score of 80 in the internet-based TOEFL;
  3. HKALE Use of English at Grade E;
  4. HKDSE Examination English Language at Level 3 or above; or
  5. equivalent qualifications.

Degree holders in other disciplines will be considered on a case-by-case basis.

Students should have knowledge in  Principles of Accounting  prior to enrolling in Financial Management.

Application Fee

HK$150 (Non-refundable)

Course Fee
  • Course Fee : HK$6500 per module (for Module 1-6: Analytical Tools for Investment Management, Financial Management, Debt Investments, Equity and Alternative Investments, Derivative Investments, Portfolio Management)
  • HK$6450 per module (for Module 7: Financial Markets and Regulatory Framework)
  • HK$9450 per module (for Module 8: Corporate Governance)
  • The CEF Institution Code of HKU SPACE is 100

CEF SectorFinancial Services

CEF Courses
Postgraduate Diploma in Investment Management
投資管理學深造文憑
COURSE CODE 23G04230-7 FEES $39,000 ENQUIRY 2867-8468
Analytical Tools for Investment Management (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06357-5 FEES $6,500 ENQUIRY 2867-8468
Financial Management (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06358-3 FEES $6,500 ENQUIRY 2867-8468
Debt Investments (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06359-1 FEES $6,500 ENQUIRY 2867-8468
Derivative Investments (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06361-3 FEES $6,500 ENQUIRY 2867-8468
Equity and Alternative Investments (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06360-5 FEES $6,500 ENQUIRY 2867-8468
Portfolio Management (Module from Postgraduate Diploma in Investment Management Programme)
COURSE CODE 23Z06362-1 FEES $6,500 ENQUIRY 2867-8468
Continuing Education Fund Continuing Education Fund
This programme has been included in the list of CEF reimbursable programmes. Application for CEF has to be made before commencement of the programme.
Continuing Education Fund reimbursable programme Continuing Education Fund reimbursable programme (selected modules only)
Some modules of this programme have been included in the list of CEF reimbursable programmes. Application for CEF has to be made before commencement of the modules.

Application Form Application Form

Enrolment Method

Applicants should fill in the application form and submit it in person to one of the HKU SPACE enrolment centres.  Applicants should include a non-refundable application fee of HK$150 to cover the cost of processing (Cheques should be crossed and made payable to HKU SPACE”). Please also bring photostat copies of your ID card and relevant transcripts and certificates. Original certificates and transcripts must also be brought to one of the HKU SPACE enrolment centres for certification.

Payment Method
1. Cash or EPS

Course fees can be paid by cash or EPS at any HKU SPACE enrolment counters.

2. Cheque or bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify theprogramme title(s) for application and 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 anyHKU SPACE enrolment centres. Holders of the HKU SPACE MasterCard can enjoy a 10-month interest-freeinstalment 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 (course 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 page on the School website.

Notes

  1. For general and short courses, applicants may be required to pay the course fee in cash or by EPS, Visa or MasterCard if the course is to start shortly.

  2. 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, 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.

  3. 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.
  4. Fees and places on courses cannot be transferred 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 approved transfers.
  5. Receipts will be issued for fees paid but HKU SPACE will not be responsible for any loss of receipt sent by mail.
  6. For additional copies of receipts, please send a stamped, self-addressed envelope with a completed form and a crossed cheque for HK$30 per copy made payable to ‘HKU SPACE’. Such copies will only normally be issued at the end of a course.