The Master of Science in Investment Management Program, MSc(IM) was first introduced in 1996 with the part-time study mode. Since its inception, the MSc(IM) program has been widely recognized by finance professionals as a premier academic program.
In 2014, a full-time study mode was launched as an extension of the well-established part-time program, and designed to provide rigorous training for students interested in professional careers in the finance industry.
The full-time curriculum is structured to meet the growing and specialized demands of the industry. It begins with a solid foundation of courses in accounting, economics, quantitative and computing skills, investment analysis and financial derivatives, which form the core subjects in the Chartered Financial Analysts (CFA) and Chartered Alternative Investment Analyst (CAIA) examinations curriculum. Students can also further build on this broad knowledge base by choosing advanced courses and specialized electives that lead to concentrations in Asset Management or Risk Management.
The full-time MSc(IM) program commences in September and starts with six core courses (12 credits) as foundation training, and four required courses (8 credits).
Students can complete all course requirements in two semesters (12 months) for a total of 30 credits and declare one concentration: Asset Management or Risk Management. Students have the option to extend one more semester to 16 months for taking additional electives of up to 38 credits and declare both concentrations at no extra cost.
Core Courses (12 credits)
-ACCT 5150 Accounting Foundations (2 credits)
-ECON 5030 Foundations of Economic Analysis (2 credits)
-FINA 5120 Corporate Finance (2 credits)
-FINA 5210 Investment Analysis (2 credits)
-FINA 5290 Derivatives Analysis (2 credits)
-ISOM 5520 Statistics for Financial Analysis (2 credits)
Required Courses (8 credits)
-FINA 5220 Equity Investment Management (2 credits)
-FINA 5300 Advanced Derivatives Analysis (2 credits)
-FINA 5360 Fixed Income Analysis (2 credits)
-FINA 5840 Financial Modeling (2 credits)*
Elective Courses (10-18 credits)
-FINA 5420 Behavioral Finance (2 credits)*AM
-FINA 5150 Corporate Risk Management (2 credits)*RM
-FINA 5450 Hedge Funds (2 credits)*RM/AM
-FINA 5610 Real Estate Investment (2 credits)*RM/AM
-FINA 5440 Risk Management for Financial Institutions (2 credits)*RM
-FINA 5230 Sustainable Investing*RM/AM
-FINA 5390 Venture Capital and Private Equity (2 credits)*AM
-FINA6900K Alternative Investments (2 credits)*AM/RM
-FINA6900L Debt Restructuring (2 credits)*AM/RM
-FINA6900M Wealth Management (2 credits)*AM
RM: Risk Management
AM: Asset Management
About HKUST Business School
Established in 1991, the School of Business and Management at the Hong Kong University of Science and Technology (HKUST Business School) is young, dynamic, and highly regarded, both for the quality of its programs and the impact of its research.
The HKUST Business School is the first business school in Asia to be awarded accreditation by both the US based Association to Advance Collegiate Schools of Business (AACSB International) and the European Quality Improvement System (EQUIS). The degrees offered by the HKUST Business School are recognized and respected worldwide.
The HKUST Business School is recognized as “Asia’s youngest but most respected business school” (Financial Times). Our programs are known for their cutting edge design and delivery, and are consistently ranked among the very best in the world by international media.
Careers & Enrichment
The HKUST MSc(IM) program helps prepare students to be ready to start their career. The HKUST Business School’s MSc Career & Professional Development team provides guidance and service for all full-time MSc students, which includes:
• Identifying the student’s unique career-related interests, values and capabilities;
• Enhancing job searching skills, preparing for workplace requirements and career management strategies;
• Accessing opportunities for internships and full-time employment with a diverse group of recruiting firms and organizations.
One-on-one career coaching, as well as career-related training/workshops will be provided for students when they join HKUST.
The MSc Program Office will also arrange various enrichment activities and luncheon talks for students. These will be a platform for networking with industry practitioners and senior management from industry in Hong Kong and Mainland China.
In addition, a study tour will be arranged for students during the semester break. The study tour will help students to better understand the industry landscape, develop applied skills in industry and company analysis, and network with industry practitioners outside of Hong Kong.