Training Program for Master Degree Candidates of Finance

(Code: 025100    Granting Master Degree of Finance)

 

I. Educational Objectives

The objectives of the master program is to train high-lever personnel with good moral qualities and professional ethics, specialized in financial practice. The detailed requirements are:

1. A good command of modern finance theories and methods.

2. Thorough understandings of national and international economy and finance conditions.

3. Systematically mastering management skills for finance and relevant fields

4. Abilities to solve practical financial problems.

II. Main Research Areas

1. Bank operation and management.

2. Securities market and investment

3. Financial engineering and Corporate Finance

4. Quantitative Finance

III. The Length of Schooling and Training Mode

Master’s degree of finance is a full directional training mode and two years to finish the program.

IV. Credit Requirements and Allocation

Students should obtain at least 41 credits. Courses designed for Master of Finance degree include both required and elective courses for which students should obtain at least 27 credits. Internship and practical training occupies at the minimum of 4 credits.Academic study possesses at least 10 credits. The specific credit allocation can be shown in the following table:

Total credits

≥40 credits

Course credits

≥27credits

Common required courses ≥4credits, including: 2 credits for the Theory and Practice of Socialism in China, 3 credits for First Foreign Language

Major required courses ≥12 credits

Major elective courses ≥8 credits

supplementary courses, free-choice courses, scores counted, no credits

Internship & practical training

≥ 4 credits

Internship & practice designed for specialized courses (report included)

2 credits

Required

Professional training (report included)

2 credits

Academic study

≥10 credits

Thesis opening report

1 credit

Required

Thesis interim progress report

1 credit

Required

Master degree thesis

8 credits

Required

V. Curriculum Provision and Credit Allocation

Curriculum for Postgraduate Students of Finance

Course

type

Course code

Course name

Hour

Credit

Season

Faculty

Remarks

Required courses for Master degree ≥27credits

Common required courses ≥5 credits

408.601

Theory and Practice of Scientific Socialism with Chinese Characteristics

36

2

Autumn

School of Marxism

Required

411.700

First Foreign Language (English)

48

3

Autumn

School of Foreign Languages

 

 

 

 

 

 

Major required courses ≥12 credits

310.611

Financial Theory and Policy(Financial Economics)

32

2

Autumn

School of Economics

310.612

Financial Derivatives (Topics on Financial Engineering)

32

2

Spring

School of Economics

Required

310.613

Financial Markets and Institutions

32

2

Autumn

School of Economics

310.614

Investments(Topics on Security Investment)

32

2

Spring

School of Economics

310.615

Corporate Finance

32

2

Spring

School of Economics

310.616

Financial Statement Analysis

32

2

Autumn

School of Economics

Major elective courses ≥10 credits

310.981

Quantitative investment

32

2

Spring

School of Economics

Orientation of Quantitative Finance

310.982

Financial Modeling and Calculation

32

2

Autumn

School of Economics

310.702

Topics on Chinese Economy

32

2

Spring

School of Economics

Any selection

310.983

Financial Statistics and Econometrics

32

2

Autumn

School of Economics

310.984

Lecture of finance development and Practice

32

2

Spring

School of Economics

310.985

Behavioral finance

32

2

Spring

School of Economics

310.986

Investment banking and management

32

2

Spring

School of Economics

310.987

Financial regulation and policy

32

2

Autumn

School of Economics

310.988

Fixed Income Securities Analysis

32

2

Autumn

School of Economics

310.989

Financial Risk Management and financial institutions

32

2

Spring

School of Economics

310.990

Private Equity Investment

32

2

Autumn

School of Economics

Non-required courses for Master degree

supplementary courses

 

Principles of Accounting

56

3.5

At least 2 main courses must be selected by students who are not majored in economics and management at undergraduate level, and these courses are scores counted, without credits.

 

Principles of Economics

40

2

 

Statistics

48

3

 

Monetary Banking

48

3

 

 

 

 

free-choice courses

 

Any selection can be made by students after getting consent of the supervisor, and those courses are scores counted, without credits.

Internship & practical training ≥4 credits

650.705

Internship & practice designed for specialized courses ( report included)

 

2

 

School of Economics

Required

650.706

Professional training (report included)

 

2

 

School of Economics

Academic study ≥10 credits

650.708

Thesis opening report

 

1

 

School of Economics

650.709

Thesis interim progress report

 

1

 

School of Economics

650.710

Master degree thesis

 

8

 

School of Economics

 

VI. Internship and Practical Training

To strengthen practice teaching, students are required to participate in teaching practice both inclass and internship bases.

Evaluation in the following mode:

Internship & practice designed for specialized courses(report included):students are required to take an internship in companies and submit internship program. A summary reportis also required to be written and signed by the director, and 2 credits can be obtained after passing the evaluation.

Professional training(report included):students are required to write  a practical training plan,and submita summary of enterprise practice is required with the assessment opinion signature from the person in charge , 2 credits can be obtained after passing the evaluation.

VII. Degree Thesis

Thesis writing and defense conditions

Thesis should be written by the graduate student independently, should have enough workload (no less than one year). Usually in the thesis, based on the first hand data, students should use the finance knowledge they learned to give specified implementation plans and measures about development of finance practice.

Topic selection and form requirements

The topic of the thesis could be theoretical research, comprehensive research report combined with financial practice, diagnosis report about finance industry or high quality case study, graduation project, etc. Problem-orientated research and case study in finance are encouraged.

Requirements of thesis Proposal

Literature review and thesis proposal should be turned in at the beginning of the third semester. Thesis proposal should have: ① title; ② background for topic; ③ research content and research status of the topic; ④ key problem to solve and difficult problem; ⑤ methodology to take; ⑥ progress schedule.

Before writing the thesis, the student should defense the thesis proposal and have writing schedule. With agreement of the advisor, the defense committee should have 3-5 members. Once the defense is passed, a record should be sent to the educational department.

Requirements of interim evaluation

A student should finish all the course work, get no less than 24 credits, finish proposal defense, pass the mid-term assessment and go on with the thesis writing.

Thesis review and defense requirements

Master’s degree thesis should have analysis and research on international and national financial problems, apply advanced financial theories and methods to concrete problems, give advice and suggestion to solve the relevant problems. In addition to the academic paper, thesis could be case study, research report, specific investigation report.

VIII. Degree-granting

The candidates who have obtained the required credits and meet the relevant requirements are qualified to graduate and get their postgraduate diploma; Huazhong University of Science and Technology grant those postgraduates whose degree thesis pass the defense and review of School Degree Evaluation Committee, even meet all the graduation requirements, the Finance degree.