HKUST-NYU Stern MS in Global Finance

Student HandbookClass of 2018

HKUST-NYU STERN Master of Science in

GLOBAL FINANCE

Established in 1991, the HKUST Business School has risen to international prominence in a remarkably short period of time. It was the first business school in the region to be accredited by both AACSB International and EQUIS. Our unique Asian and global perspectives are made possible by our 140-strong international faculty. The Financial Times ranked the Kellogg-HKUST EMBA program top in the world, and our MBA program top in Asia. The Department of Finance has been consistently ranked No. 1 in research in the Asia-Pacific region.

Located in New York City, New York University’s Stern School of Business is both a top rated business school and one of the world’s leading research institutions. A proud part of Stern’s heritage is its consistently top ranked finance department and faculty. Stern faculty members are well known for their mastery of subject matter, their contributions to original research in their respective fields, and for their ability to convey complex material in clear, relevant and interesting ways. Students also benefit from unparalleled access to Wall Street and the world’s leading practitioners who are adjunct faculty and guest speakers in their classes.

HKUST Business School

www.bm.ust.hk

New York University Stern School of Business

www.stern.nyu.edu

BEST OF BOTH WORLDS

PROGRAM BENEFITS

Established in 2007, the MS in Global Finance Program is an educational joint venture between the HKUST Business School and the NYU Stern School of Business.

This program provides a rewarding learning experience with classes held in three world financial centers –Hong Kong, New York and Shanghai. Courses are taught by HKUST and NYU Stern faculty, and dynamicinteractions among experienced finance executives from more than 10 countries provide practical insightsin the global market place.

The comprehensive curriculum is designed to enable participants to better understand the global implications of financial issues in today’s markets and to further broaden their knowledge and application of financial concepts and instruments.

ONE-YEAR PROGRAM

Modular class format ideal for working executives

UPDATED CURRICULUM

Include new topics such as FinTech

and Behavioral Finance

WORLD-CLASS FACULTY

Taught by world-class faculty of HKUST and NYU Stern

GLOBAL CLASSROOM

Classes held in Hong Kong,

New York and Shanghai

EXECUTIVE PARTICIPANTS

Participants from 10+ countries

with average 12 years of work experience

ALUMNI NETWORK

Graduates become alumni of New York University

and HKUST

1 y

PROGRAM SCHEDULE

DATE MODULE SESSION CREDIT LOCATION

November(7 days)

Module 1

Global Macro and Asian Markets 2

Hong KongFoundations of Corporate Finance 2

January(5 days)

Module 2Foundations of Investments 2

Hong KongAsset Allocation 1

March(7 days)

Module 3Derivatives Markets 2

New YorkFixed Income Instruments and Markets 2

May (5 days)

Module 4Applied Corporate Finance and Valuation 2

Hong KongBehavioral Finance 1

June / July(4 days)

Module 5Financial Markets and Corporate Finance in China

2 Shanghai

August(10 days)

Module 6

Risk Management in Financial Institutions 2

New YorkFinTech 1

Topics in Financial Markets and Governance 1

November(2 days)

Module 7 Group Integrative Project Presentations 4 Hong Kong

PROGRAM STRUCTURE

DESIGN

● One-year program with 7 modules● 4 modules in Hong Kong, 2 in New York and 1 in Shanghai● 12 courses and 1 Integrative Group Project● Total 40 class days including ~12 days in the weekends

COURSE DELIVERY

● Course materials include textbooks, pre-readings, case studies, and in-class materials● Course delivery by lectures, in-class exercises and case discussions● Expect 60 hours of work for a 2-credit course on top of class hours

ASSESSMENT

● Assessments in the form of assignments, in-class exercises, take-home exam and timed tests● Class participation and attendance contribute to the final grades

INTEGRATIVE GROUP PROJECT

● Students form small groups and work on real-life finance issues ● Faculty will be assigned as project advisor● Deliverables include project report and presentation

ALUMNI SHARING

TERENCE LIANG(Class of 2010)

Managing Director

Corporate Finance Solutions

HSBC Private Bank (Suisse) SA

Hong Kong

“The Integrative Project was a valuable part of the overall program experience. It allowed us to draw together many of the key concepts/ideas learned through the Program and apply these to a real life situation.”

STAN MOSS (Class of 2016)

Chief Executive Officer

Polen Capital Management

United States

“The caliber and experience of the professors is very impressive. The individual who wrote the book walks in to teach your class. With so many notable and veteran professors, class sometimes actually felt like a Finance greatest hits album.”

PATRICK DLAMINI (Class of 2016)

Chief Executive & Managing Director

Development Bank of Southern Africa

South Africa

“ As South Africa is an emerging economy, we need to understand the dynamics taking place in our trading partners to stay on top of the game. This program came very handy in making me understand and integrate global finance and economic issues.”

KATE YU (Class of 2017)

General Manager, Guangzhou Branch

Executive Director of Global Corporate Bank

JP Morgan Chase Bank (China) Co Ltd

China

“The professors are veteran with global vision; the great lectures and the forefront researches are impressive. My classmates come from 12 different countries, and their investment insights are particularly valuable. The program has helped broaden my horizon and give me more choices to advance my career.”

CLASS PROFILE

PARTICIPANT LOCATION

AVERAGE AGE

WORK LOCATIONS

RESIDE OUTSIDE HONG KONG

AVERAGE WORKEXPERIENCE

35 Years12

10+ 60%

SAMPLES OF PARTICIPANT EMPLOYERSABN AmroAIGCitigroupFidelityHSBCICBCJP MorganKPMGPWCUBSZurich

SAMPLES OF UG/PG INSTITUTIONSFudan UHKUHKUSTLSENew York UStanford UU of DelhiU of LondonU of TorontoYale U

Banco SantanderBank of America Merrill LynchBarclays BankCredit SuisseDeutsche BankFederal Reserve Bank of New YorkFranklin TempletonGoldman SachsMacquarieMorgan StanleyStandard Chartered Bank

Chulalongkorn UFundacao Getulio VargasNational Taiwan UNational U of SingaporeSingapore Management UU of British ColumbiaU of CambridgeU of Illinois at ChicagoU of PennsylvaniaU of Southern California

Canada

U.S.A.

Mexico

Costa Rica

Brazil

Venezuela

Chile

United Kingdom Netherlands

GermanySwitzerland

RomaniaGreece

Saudi Arabia India

Nepal

Mongolia

ChinaHong Kong

Macau

ThailandMalaysiaSingapore Indonesia

Australia

Vietnam

Taiwan

Philippines

Japan

France

Spain

Nigeria

South Africa

Seychelles

United Arab Emirates

South Korea

HKUST-NYU STERN Master of Science in

GLOBAL FINANCE

APPLICATION

ADMISSION REQUIREMENTS

● Bachelor degree and good GPA results

● Minimum 5 years of full-time work experience

● A good TOEFL / IELTS-Academic result for applicants whose first language is not English, and whose bachelor’s degree or equivalent qualification was awarded by an institution where the medium of instruction was not English

PROGRAM FEE

Program Fee for Class of 2018/19 is USD 73,800 (HKD 575,640).

The program fee covers tuition, course materials, lunches as well as accommodation for Module 1 and 7 in Hong Kong. Participants need to take care of travelling and lodging expenses.

ENQUIRY

HKUST Program Office Tel ✆ : (852) 2358 5028 | Email 8: msgf@ust.hk

NYU Stern Program Office Tel ✆ : (1) 212 998 0442 | Email 8: msgf@stern.nyu.edu

www.msglobalfinance.org