MASTER of FINANCE Leading Higher Education
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Tsinghua University School of Economics and Management MASTER OF FINANCE Leading Higher Education 01 Program Introduction Educating Future 03 Program Characteristics Leaders of the 05 Concentrations 07 Curriculum 15 Dual Degree and International Exchange Financial Industry 13 Faculty 17 International Exchange Schools 19 Employment Information 23 Guide for Applicants 24 In Their Words 2 3 Program Introduction The Program Master of Finance (MoF) program at the School of Economics and Management (SEM) of Tsinghua University leads higher The Master of Finance program is a full-time program. education in China and aims to educate financial future leaders. The study duration is two to three years. Students The program endeavors to train financial professionals with complete required credits, satisfying course grade rigorous knowledge in economics and finance and to provide requirements. In addition, students need to finish their global vision to better adapt to rapidly changing financial compulsory internship and successfully defend their markets. Professionalism, strong work ethic, and innovative master degree thesis. Students will be granted graduate approach prepare the students for work in financial and diploma and degree accredited by China’s Ministry of insurance companies, advisory firms, private sector enterprises Education upon the approval of the Academic Degree and regulatory entities. Committee of Tsinghua University. MoF program offers dual degree programs with HEC Paris, Haas School of Business at the University of California, Berkeley and Columbia University. Students will have the opportunity to study for dual degrees. 01 02 Program Characteristics Our faculty members Our faculty members include leaders from academia and finance. include leaders from These include faculty from the SEM Tsinghua University, and professors from universities in the United States and Hong Kong. academia and finance. One third of the courses are taught by financial industry leaders from excellent domestic investment banks, commercial banks, PE and VC firms, and financial regulatory institutions. Leveraging academia and The SEM arranges an academic advisor and an industry instructor financial markets from the financial industry for each student. Academic advisors provide guidance and an academic perspective for the duration of the program. The industry instructor seeks to bridge the gap between education and the industry, and addresses concerns including internship and employment while serving as a mentor. Global vision and individual MoF program currently has three dual degree programs cooperated insight in conjunction with HEC Paris, the Hass School of Business at the University of California, Berkeley and Columbia University, and participates in over 100 SEM exchange programs with overseas universities. Our program emphasizes education specific to the needs of each student: we have an international class for students interested in working for transnational corporations and international investment, and concentrations in financial engineering, entrepreneurship and corporate finance for innovation and entrepreneurship in buyer-side financial institutions, and insurance and big data finance. PROGRAM CHARACTERISTICS 03 04 Concentrations MoF program not only requires a rigorous academic foundation, but also requires professional skills, in order to facilitate integration with financial practice. With this in mind, MoF program has four concentrations and extensive class series on financial practice which emphasize both academic training and industry practice. The four concentrations are: Finance Global Financial Engineering Educational Goal Educational Goal Financial leaders with global vision Industry leaders in domestic top asset management, risk management, and financial products development Teaching Location Beijing Campus Teaching Location Shenzhen Campus Entrepreneurship and Insurance and Big Data Finance Corporate Finance Educational Goal Educational Goal Future leaders of financial institutions, investment Leaders in the domestic insurance industry and big data positions in industrial companies, private equity and financial analysis venture capital Teaching Location Teaching location Shenzhen Campus Shenzhen Campus TRAINING CONCENTRATIONS 05 06 Curriculum MoF program strives to lay a solid foundation of finance, including economic theory, management theory, finance theory and applied finance. This program provides students with a rigorous knowledge base and the option to work with leaders in the financial industry, and inspires students to achieve their individual goals. Course series include“Insight into China’s Pillar Industries”, “Financial Practice” taught by lecturers from different financial institutions, “Industry Mentor Salon” where students can talk face-to-face with industry mentors, and “Tsinghua High-End Financial Forum” taught by economic and financial leaders from China and abroad. 07 08 Core Curriculum Investment This course focuses on financial market investment Introduction and introduces the theory, constraints, and operation of to securities investment through analysis of major events Finance and typical cases, and its application in China's securities market operation environment. Theory of Theory of Corporate Finance Economics Finance This course explores the financing and investment behavior of enterprises in the modern capital market, Theory of Applied familiarizing students with influential articles in financial Management Finance literature and leading financial research, so as to help students develop a solid knowledge base and analytical skills for financial work. This course systematically introduces modern corporate finance and capital Financial Derivatives market theory, analyzing complex theoretical models, and introducing the empirical reality of Chinese capital This course will introduce financial derivatives, including markets and enterprises. basic theory, pricing, trading practices and hedging methods, and specially focus on real-world application, Macroeconomic and financial analysis including forwards, swaps, futures, options and a variety of structural products. The lecturers of this course will The purpose of this course is to introduce tools introduce their years of experience in operations. This of macroeconomic and financial analysis, and the course will also emphasize the development, status, and application of economic and financial analysis in the application of the domestic derivatives market, especially international economic and financial system. This course the swift development of RMB financial derivatives in includes: macroeconomic analysis, money and banking recent years. theory, monetary policy, the international monetary system, exchange rate decision theory, and the global financial crisis. In addition to discussion of basic theory, the course also includes discussion of classic cases and financial affairs. 09 10 Quantitative Investment Analysis This course endeavors to combine quantitative investment theory and investment practice to comprehensively introduce quantitative investment from different perspectives, including model building, strategical development, and actual operation. This course will introduce research in quantitative investment, and also the latest events and trends in the industry. Aside from classroom teaching, this course will also provide opportunities for students to participate in computer-based experiments. Students will improve their knowledge base and practical ability through developing strategy and simulating trade. Venture Capital and Private Equity Tsinghua Finance High-End Forum This course combines a lecture format with case analysis “Tsinghua Finance High-End Forum” is hosted by to introduce venture capital and private equity (VC&PE). It Tsinghua SEM. This forum invites outstanding scholars, seeks to apply financial theory to solve real-life business government officials and industry elite in financial problems, including analysis of company performance field to discuss research outcomes, policy trends, for entrepreneurs and managers of private capital firms, corporate practice and operation, and leading-edge corporate value assessment, access to multiple channels topics in finance with Tsinghua faculty and students. of financing, negotiation of investment contracts, public The forum aims to build a high-level communication listings, mergers and acquisitions. platform in finance and to help students access the latest information, use scientific thinking patterns and methods, and to further the reform and development of finance and financial research in China. McKinsey Course: Global Leadership Financial Practice Class This course aims to use the experience of global This course is an introductory course on finance business leaders to develop students’ leadership and financial practice, specifically the operation of skills, especially in enterprise reform, innovation and various organizations in the financial investment field. crisis decision-making. This course will help students Distinguished alumni are invited to interpret the state of understand core business segments, and introduces a the industry, share case analysis and discuss intersection knowledge base at the forefront of global business and with investment institutions. This course helps students management practices, specifically analysis and problem gain a first-hand understanding of financial institutions solving. and the latest investment trends, and preparesthem for personal