(Jointly offered by Department of Statistics and Department of Finance)
| Phone Website |
(852) 3943 0461 qfrm@cuhk.edu.hk www.qfrm.cuhk.edu.hk |
| Admission | Quantitative Finance and Risk Management Science (JS4276) |
The B.Sc. in Quantitative Finance and Risk Management Science Programme (QFRM) is jointly administered by the Department of Finance and the Department of Statistics. It combines the strengths and features of two well-established and highly successful programmes from the respective departments: the Quantitative Finance programme and the Risk Management Science programme. QFRM is one of the top programmes among all quantitatively related programmes in Hong Kong in terms of admission credentials.QFRM offers a ‘2+2’ Dual Degree Programme with the University of Edinburgh (UoE). For more information, please refer to https://www.sta.cuhk.edu.hk/programmes/cuhk-uoe/.
QFRM provides state-of-the-art training in business and finance, risk management science, mathematics and statistics, and computing applications. Students are also required to take Faculty Package and Capstone.
Faculty Package and Capstone
Quantitative Finance
Risk Management Science
Financial Technologies and Computing
Data Analytics and Artificial Intelligence
Mathematics and Statistics
By offering comprehensive academic and professional training, QFRM aims to nurture competent finance and risk management professionals who can work in investment banking, corporate and commercial banking, consulting, accounting and financial services, as well as in general management. QFRM also enables students to build up a solid theoretical background for pursuing further study at the Master or Ph.D. levels.
The internship programme allows students to acquire on-the-job training with the participating companies. Internships provide valuable opportunities for students to gain exposure to the professional environment, outside the classroom. QFRM students on average completed three internships prior to graduation. Some examples of internship partners are:
AIA / Bain & Company / Bank of America Merrill Lynch / Bank of China / Bank of East Asia / Barclays Capital / BNP Paribas / CASH Algo / CFA Institute / Commerzbank / Credit Suisse / Ernst & Young / Eurex Frankfurt AG / Goldman Sachs / Hang Seng Bank / HSBC / HKEX / Hong Kong Monetary Authority / Jane Street / J.P. Morgan & Chase / Morgan Stanley / PWC / Royal Bank of Scotland / State Street Global Markets / Standard Chartered Bank / UBS Securities / Western Asset Management Company
KWOK Fung Kiu
QFRM is the best programme for building practical knowledge combined with solid quantitative skills. Along with strong career support and cross-faculty benefits, I have made a number of long-lasting friends who are all ntelligent and supportive. Three of us, including me, joined JPMorgan as summer interns in its Risk Management division. By applying our classroom knowledge to reality, all of us have grown significantly, and I was lucky enough to secure a full-time position. Beyond my studies, I went on two exchanges: UC Berkeley in California and Sciences Po in France. By seizing these chances, I’ve left my footprints in over 20 countries. Isn’t it amazing?
HUI Ka Yee
QFRM is highly regarded in the banking and finance industry. The education and support that I received from QFRM helped me secure a summer internship in the Hong Kong Monetary Authority (HKMA) Banking Supervision Department. This internship offered me the opportunity to learn more about the supervisory policies of HKMA and the Basel Standards, a global regulatory framework for banks. I also experienced the stress testing scenarios used by foreign regulators and IFRS9 (International Financial Reporting Standard 9) practices in the industry. QFRM provided me with quantitative training that enabled me to understand complex credit risk modelling. This deeper understanding of industry practices has surely helped me pave the way for my career in risk management.
HO Hoi Tung
It was one of the greatest moments of my life to stand on the podium and receive the silver medal for the bridge event at the Asian Games 2018. There were many media reports about our success, but few people realised how hard our journey was.
Ten teams competed in the Supermix series, including China, whose team consisted of 6 world champions; host country Indonesia, whose team comprised professional players; and rising stars Chinese Taipei, whose team consisted of recent Asia Cup Champions members. The qualifying round was a round-robin against all nine of the other teams. The top four teams entered the knockout stage. We did not have a great start and were in a slightly below-average position throughout the tournament. Believe it or not, with two rounds remaining, we were still in the seventh position, and even the reporters said only a miracle could get us into the knockout stage. Yet we did not give up and played extremely well in the last two rounds to score almost the maximum (37 out of 40 vp) to obtain fourth place by a margin of 0.2 vp. None of our Hong Kong bridge friends could believe it and congratulated us for our unbelievable performance.
In the semi-final, we played a 48-board match divided into three rounds against the number one seed, Chinese Taipei. Once again, we exhibited a very high team spirit at the table to maintain only a small margin, 58:66, behind the top-seeded team in the first two rounds. In the last round, we followed our coach’s advice “to fight to the end”. When our opponents were exhausted after a long match, we overcame the early deficit and gained the lead by 104:92 and won the match. I will never forget the moment when my captain and teammates ran over to us for a group hug. That moment felt like we had scored a last-minute penalty in the world cup and everyone was cheering for us.
Recently my friends have asked me why bridge should be listed as a sport in the Asian Games. I can now proudly tell them that bridge is no different from other sports – not only do you have to keep practising to improve, but your mentality, physical state, concentration and luck also contribute to your success. I would like everyone to appreciate the spirit of every athlete.
| Phone Website |
(852) 3943 7988 dept@math.cuhk.edu.hk www.math.cuhk.edu.hk |
| Admission | SCIENCE(JS4601) OR Enrichment Mathematics (JS4682) |
The Department of Mathematics continues its great tradition in nurturing young talents and enhancing their ability to serve society; it also strives to be an international research centre of mathematical sciences and applications. Our Department aims to provide high-quality mathematical trainings for students with various interests and orientations. Our programmes are particularly suitable for those who intend to acquire higher knowledge and ascend to an advanced position in their careers.
JS4682 Enrichment Mathematics
This stream is specially meant for students who wish to delve deeper into mathematical theories or are interested in mathematical research. Also, it is suitable for students intending to proceed to higher studies, and it helps students to consolidate mathematics foundation for further academic research.
JS4601 SCIENCE Broad-based Admission Scheme under the Faculty of Science
This scheme allows students to decide their majors at the time of entrance, or at the end of Year 1 or Year 2. Students may select Mathematics as their major, which is a broad and holistic programme. It includes several stream choices, such as Enrichment Stream, Computational and Applied Mathematics (CAM) Stream and Computational Big Data Analytics Stream. The CAM Stream and Computational Big Data Analytics Stream increase the breadth of knowledge and ability of application for students.
The career opportunities of a mathematics graduate are very diverse. Their skills can be used in different careers like banking, commerce, telecommunications, insurance, logistics planning, computer science, data analysis, finance, and engineering. Some may also pursue further studies in institutions abroad.
TUNG Kam Chuen
Studying mathematics in CUHK was humbling, yet enriching. Here, I met peers who seem to know infinitely more than I do; postgraduate students who understand mathematical jargon at ease; professors who are friendly and always eager to help. Every day, I learnt something from people in this intelligent community.
| Phone Website |
(852) 3943 6154 physics@cuhk.edu.hk www.phy.cuhk.edu.hk |
| Admission | SCIENCE (JS4601) OR Enrichment Stream in Theoretical Physics (JS4690) |
Building upon a tradition of excellence in teaching and research, the physics curriculum continues to enable students to have a good grasp of fundamentals of physics and a basket of analytic, experimental, numerical, research, communication and other generic skills, and to appreciate and understand the important applications of physics in modern society.
Enrichment Stream in Theoretical Physics (JS4690) places special emphasis on building research capabilities. It is particularly designed for students who are interested in academic research career
Streams of Study
Experiential Learning Opportunities
Plenty of research opportunities in various fields of science: Nano Materials and Energy Materials, Astronomy and Fundamental Physics, Quantum Science, Soft Matters and Complex Systems, Biological Physics and Quantitative Biology
Teachers and students participate in international projects: Daya Bay Neutrino Experiment, ATLAS (CERN) and gravitational waves (LIGO)
Internship Programmes: Summer TeacherApprenticeship programme, Internship programmes in the Hong Kong Observatory and the Hong Kong Space Museum
Scholarships and Grants
Postgraduate studies in physics and related subjects at the doctorial or master’s degree level in local and overseas universities (e.g. CUHK, Caltech, MIT, Princeton, Cambridge, Oxford)
Physics graduates have found employment in:
LEE Sze Him
Physics Department has provided a very supportive environment for students, including me, to study effectively. Teaching assistants are helpful and always discuss physics topics with us in tutorials. Many Physics teachers offer undergraduate students opportunities with exposure to early research. The Department offers a wide range of learning activities, both locally and overseas to us, such as summer research internship and overseas research opportunities. I have joined a study tour to visit the European Organization for Nuclear Research called CERN and other research facilities in Switzerland, which undoubtedly helped increase my understanding of how scientists carry out their work. All in all, I would say CUHK is a great place to learn and a place provides international opportunities and perspectives.
(Offered by Department of Statistics)
| Phone Website |
(852) 3943 7931 rmsc@cuhk.edu.hk www.sta.cuhk.edu.hk/rmsc |
| Admission | Risk Management Science (JS4719) |
The Programme of Risk Management Science has been the leading pioneer in nurturing well-trained professionals in the risk management fields since its foundation in 2000. The Programme is suitable for students who have strong aspirations towards mathematical and scientific methodologies, and are interested to pursue a career in the financial industry and related areas.
The curriculum of Risk Management Science is designed to equip students with the knowledge and skills to understand risk management from both theoretical and application perspectives in insurance, finance and other related areas. Risk management is an interdisciplinary subject, so in addition to statistics, our students will receive a solid training in other foundation subjects including finance, economics, accounting, mathematics and computer science.
Risk Analytics Stream
The Risk Analytics Stream places special emphasis on statistical science and computer science, including but not limited to subjects such as statistical inference, actuarial science and financial mathematics. Upon graduation, students are well-equipped to become professional risk managers with a strong background in data science and data analytics. Job referral services on internships and graduate jobs and opportunities for further studies will be provided to students of the stream.
Investment Banks
Retail Banks
Accounting Firms
Insurance Firms
Government Services
CHEN Wenxin
Operations Analyst, Goldman Sachs
The Programme of Risk Management Science was challenging but certainly rewarding to those who took the opportunity to develop themselves. Personally, the Programme provided me with analytical skills and the appropriate mindset to approach problems; I was not simply taught the solution but gained the ability to understand the scenario, break down the problem into pieces and then derive the solution. This approach is helpful in a general sense, providing more possibilities after graduation, either in advanced studies or in professional careers across all fields.
