BusinessFinance and Investment
Postgraduate Diploma in Investment Management
- Course Code
- Application Code
- 1585-FN018A (May 2018 intake)
- QF Level
- Study mode
- Start Date
- 24 May 2018 (Thu)
- Next intake(s)
- September 2018
- 12 months to 18 months
- Course Fee
- HK$6500 per module
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):
|1.||Analytical Tools for Investment Management (30hrs)|
|2.||Financial Management (30hrs)|
|3.||Debt Investments (42hrs)|
|4.||Equity and Alternative Investments (39hrs)|
|5.||Derivative Investments (42hrs)|
|6.||Portfolio Management (42hrs)|
*Please contact programme team for detailed course structure
Graduates of the Postgraduate Diploma in Investment Management who complete all modules 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||1585-FN018A (May 2018 intake)||-|
Days / Time
- Mon, Thu, 1900 - 2200
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 module 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.
Mr. Laurie Ng. ACMA, CISA and FRM. He held senior positions in international banks and top financial institutes, such as Chief Dealer (Treasury) of a Triple-A German bank, Head of Middle Office (Risk Management Department) of a top Japanese bank and CEO of a local securities house. He earned good recognition in risk management frameworks and investment decision making analysis. He got his Bachelor Degree in Economics from CUHK and MS in Finance from CityU HK.
Mr. 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.
Mr. Lo is currently an investment manager for a Chinese-based fund management firm in Hong Kong. He has more than 20 years of experience in the financial industry. He is also a CFA charteredholder. Deep in his heart, he is a Big Data enthusiast. Currently, he is leading Big Data effort in his firm's Hong Kong office. He is a graduate of the Northwestern University's Master of Analytics program, one of the premier master’s program in Big Data. His past projects include improving DVD rental performance for the largest DVD rental kiosks company in the US, creating new credit card default model based on more than 2,000 factors.
The following modules are being offered in February 2018 intake: 2018 February Class Schedule
- Analytical Tools for Investment Management (30hrs + 2 hrs exam)
- Equity and Alernative Investment (39hrs + 3 hrs exam)
The following modules are being offered in May 2018 intake:
- Financial Management (30hrs + 2 hrs exam)
- Debt Investments (42hrs + 3 hrs exam)
Applicants shall hold a bachelor’s degree awarded by a recognized institution.
If the degree or equivalent qualification is from an institution where the language of teaching and assessment is not English, applicants shall provide evidence of English proficiency, such as:
- an overall band of 6.0 or above with no subtests lower than 5.5 in the IELTS; or
- a score of 550 or above in the paper-based TOEFL, or a score of 213 or above in the computer-based TOEFL, or a score of 80 or above in the internet-based TOEFL; or
- HKALE Use of English at Grade E or above; or
- HKDSE Examination English Language at Level 3 or above; or
- equivalent qualifications.
Applicants with other qualifications will be considered on individual merit.
HK$150 (Non-refundable)Course Fee
- Course Fee : HK$6500 per module
Application Form Application FormEnrolment 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
Cash or EPS are accepted 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.
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 (for the course/programme has online enrolment only)
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.
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.
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.
- 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 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.
- Receipts will be issued for fees paid but HKU SPACE will not be responsible for any loss of receipt sent by mail.
- 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.