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QS Rank:

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36

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University of Hong Kong

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New Territories

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Hong Kong SAR China

Overview

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The Interdisciplinary Major program in Quantitative Finance and Risk Management Science (QFRM) at The Chinese University of Hong Kong is jointly offered by the Faculty of Business Administration and Faculty of Science. This program combines state-of-the-art knowledge in finance, risk management, statistics, and business to nurture competent finance and risk management professionals. It provides rigorous training in business and finance, risk management science, mathematics and statistics, and computing applications, with an emphasis on experiential learning and professional practice.
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Duration

48 Months

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Median Salary

$2,40,000

Ranking

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#56

The World University Rankings

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#36

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

100

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Average Age

20

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Average Work Experience

0 Years

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International Students

38

Career Outcomes

Graduates of the Quantitative Finance and Risk Management Science program are well-prepared for diverse roles in the financial industry, leveraging their strong foundation in finance, risk management, statistics, and computing. The program's strong network and partnerships often lead to employment opportunities with leading financial institutions. Additionally, the rigorous curriculum provides an excellent theoretical background for those wishing to pursue advanced degrees in economics, finance, actuarial science, mathematics, statistics, or risk management science.
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Median Earnings After Graduation

$2,40,000 / year

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Job Placement

82%

Prospective Job Roles

Accountant

Investment Banker

Portfolio Manager

Risk Manager

Financial Consultant

Quantitative Analyst (Quant)

Data Scientist (Finance)

Corporate and Commercial Banker

Top recruiters

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Eligibility Criteria

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At least 80 / 100 undergraduate GPA is expected.

English Proficiency Tests

  • IELTS

    6

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  • TOEFL

    80

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 500

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    Transcript

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    Resume

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    English Proficiency Test

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    Academic LOR

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    Resume

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    General LOR

Application Deadlines

Tuition Payment DueRegularAdvance Offer Round
FallSep 30, 2027N/ANov 13, 2025
SpringN/AJan 8, 2026N/A

Fees and Funding

The estimated total cost of attendance per year for non-local students is approximately HK$280,000, which includes tuition, food, books, transportation, and pocket money. A caution fee of HK$450 is payable upon enrolment and is refundable upon withdrawal or used as a graduation fee. Hostel fees are approximately HK$17,000 per year, depending on the type of hostel.
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Tuition Fees

$2,14,000 / year

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Overall Cost

$2,80,000 / year

Funding Options

Scholarship

Athletic Scholarship

Scholarships

Admission Scholarships (CUHK) - Awarded to both local and non-local new undergraduate students based on academic or non-academic performance. No separate application required; qualified students are automatically considered. Value ranges from HK$5,000 to full-tuition coverage. Many are renewable for the normative period of study, subject to satisfactory academic progress, and some may include an allowance of up to HK$66,000 per year.; HKSAR Government Scholarship (HKD 80,000) - HK$40,000 per year for local students and HK$80,000 per year for non-local students. CUHK nominates suitable first-year undergraduate students; no application is required.; Sports Scholarship Scheme (HKD 15,000) - For students with outstanding sports achievements, offering HK$15,000 to HK$80,000 per year (renewable).; Belt and Road Scholarship - Covers tuition fees for awardees. CUHK nominates suitable first-year undergraduate students; no application is required.; Distinguished New Student Awards (HKD 50,000) - Eight non-renewable awards of HK$50,000 each are given to distinguished new students admitted to any full-time undergraduate program, regardless of admission channel and residency.; Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS) - For full-time local students in UGC-funded/publicly-funded programs. Application deadline for new students is September 26, 2026.; Student Residence Bursary Scheme - For students requiring financial assistance for hostel fees. Application deadline for 1st term and whole year residence bursary is November 28, 2026. Application deadline for 2nd term residence bursary is February 27, 2027.
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    Sports Scholarship Scheme

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    Admission Scholarships (CUHK)

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    HKSAR Government Scholarship

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    Belt and Road Scholarship

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    Distinguished New Student Awards

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    Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS)

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    Student Residence Bursary Scheme

FAQs

  • A student can complete Quantitative Finance and Risk Management Science at The Chinese University of Hong Kong with in 48.
  • The annual tuition fee to pursue Quantitative Finance and Risk Management Science at The Chinese University of Hong Kong is 145000.
  • The submission of these scores mainly depends on the type of degree/ course selected at the The Chinese University of Hong Kong. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check The Chinese University of Hong Kong requirements before submitting a score.
  • Quantitative Finance and Risk Management Science can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of The Chinese University of Hong Kong, they can easily pursue Quantitative Finance and Risk Management Science. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at The Chinese University of Hong Kong can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official The Chinese University of Hong Kong website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at The Chinese University of Hong Kong by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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