FAQ

Program

1. How many intakes are there each year? When does the year start?

There is one intake every year. The Fall Term starts in September at the HKUST campus.

The MScIM Program begins with the solid foundation in accounting, economics, quantitative and computing skills, asset valuation and financial derivatives. After completion of the core and required courses, MScIM students will have the concentration option in Asset Management, FinTech, or Risk Management. 

2. What is the class size?

The class size is expected to be around 60 students in a typical course.

3. What is the course length and how many class hours will it cover?

For a 2-credit course, there are a total of 28 contact hours. There is usually one class per week for each course, so it takes 8 weeks (with the final week allotted for examination) to complete a course of 2 credits.

4. Is it possible to extend the length of my study?

We normally do not encourage students to extend their length of study. However, we do offer study extensions for students who cannot complete the program within the defined timeframe because of health reasons. All students must complete the whole program within 5 years.

5. Do I need a student visa for studying in Hong Kong?

Yes, students who do not have the right to reside in Hong Kong are required to apply for a student visa for entering into Hong Kong and studying a full-time master degree program. The Program Office will coordinate with the University's Office of Postgraduate Studies to arrange student visas for all incoming students upon admission and prior to the commencement of the program. The duration of the student visa will cover the whole period of study in the program.

6. What is the major difference between the part-time study mode and the full-time study mode?

The part-time study mode is mostly for local students or working executives in Hong Kong or nearby regions whom can only attend classes during the weekday evenings or weekends. It takes normally 18-24 months to complete for the part-time program. Students in the part-time study mode must have at least one year full-time postgraduate work experience in order to be considered. For more information about the part-time study mode, please refer to http://www.mfin.ust.hk/pt.

The students of the full-time study mode are mostly recent graduates or junior professionals who dedicate their full attention to the master study. The student body forms a diversified mix of local and non-local students, including the Greater China region, Asia Pacific, the Americas and Europe. Students attend classes on weekdays with a more intensive full-time curriculum. Students can complete the program by 12-16 months.

7. Will I be able to do program transfer between the full-time and part-time study modes?

Program transfer between the full-time and part-time study modes after program commencement is normally NOT encouraged. Students have to be clear about their interest and time commitment in either study modes at the time of application and admission, and commit to their enrolled study mode throughout the course of study. Transfer between the study modes is considered on a case by case basis only with strong reasons, and is also subject to the approval of the Academic Directors of both study modes.

 

Admissions

1. Do I need to submit all of the materials by the application deadline?

Yes, you have to submit the online application form including application fees, and copies of supporting documents by the application deadline. Only scanned copies of the supporting documents are required at the application stage. It is strongly recommended that applicants make use of the document uploading function on the online application platform to submit soft copies of documents.

The GMAT or GRE are highly recommended for application and you are required to take TOEFL or IELTS unless your first language is English or your qualification is awarded by a university or an institute where the language of instruction is English. You are advised to have the test scores ready when you submit the application. Otherwise, please schedule your tests as early as possible and put your scheduled test date on the application. In any case, you should submit your scores within one month after the application deadline.

If you are being admitted, you are required to show the original documents and/or submit the certified true copies, with official imprint and signature, by the issuing authorities.

2. Is a minimum GMAT score required for admission?

We do not have a minimum score requirement. The average score of the admitted students is 730 or above. Applicants’ English ability will also be assessed during a face-to-face interview.

3. Can the GMAT/GRE requirement be waived?

As applicants come from different academic backgrounds, different education institutions, and different countries of origin, the GMAT score allows us to assess these applicants' academic ability for an international program. Extensive research also supports that it is a consistent measure reflecting how well an applicant will handle postgraduate studies, particularly on required courses.

4. I have not taken the GMAT/GRE yet. Should I submit my application?

You could first submit your application and indicate in the application form your scheduled test date. You are advised to schedule the GMAT/GRE within a month after the application deadline. An unofficial GMAT/GRE score report will be available right after the test and you upload the report in the application system for our reference.

5. How long is my GMAT/GRE result valid for?

Your GMAT/GRE result is valid for 5 years prior to the commencement of study.

6. Do I need to submit a TOEFL/IELTS score with my application?

A TOEFL/IELTS score is required if your first language is not English or your degree or equivalent qualification was awarded by an institution where the medium of instruction is not English.

7. Is a minimum TOEFL/IELTS score required for admission?

For TOEFL, a score of 550 (paper test) or 80 (Internet test) is required. For IELTS, a minimum score of 6 is required.

8. How long is my TOEFL/IELTS result valid for?

Your TOEFL/IELTS result is valid for 2 years prior to the commencement of study.

9. I have more than two years of full-time work experience. Will I have an advantage in being selected?

The HKUST MScIM program is a 1-year to 1.5-year full-time pre-experience postgraduate degree program. It is tailor-made for fresh graduates or those with short time working experience after graduation, and who possess multi-cultural aptitudes and aim to take up international leadership positions in their careers.

We also recognize the vital importance of recruiting a diverse group of students who will both benefit from and contribute to the program. Rather than selecting candidates based on a preconceived formula like academic performance and work experience, students are selected on the basis of their potential for an international career, how they will interact with each other as a group, how the program matches their individual needs and objectives, and the extent to which they are driven by and embrace success.

10. Who can be my referees?

As two academic reference letters are required, you should nominate two referees who know you well and can inform the University about your academic ability, character and capacity for postgraduate studies.

11. I have already got 2 reference letters from my academic referee, is it acceptable?

For the academic references, you are required to give us the name and the contact method of the referees in your online application. Once you have submitted your application, the system will send an invitation email to the referees directly asking them to fill out the references for you in the online application system. We highly recommend you to communicate with your academic referees for their earliest reply. We will only review the application once all the documents are received. In case the referee did not receive the referee form, you may resend the referee form to them via the system. The referees can upload a scanned copy of the written reference letter as supplementary information. The scanned copy of the written reference letter cannot be used to replace the online reference form.

12. Is a personal interview required?

Yes, Skype interview will be arranged for shortlisted candidates. Phone interview requests are not accepted.

 

Campus Life

1. Is on-campus accommodation available? 

On-campus accommodation at HKUST is not available due to heavy demand. Students will have to explore short-term off-campus accommodation. The University's Student Housing Office will help to explore information for short-term off-campus housing options for the exchange-in and non-local students.  

2. Do I need a laptop for study? 

We strongly recommend that students have laptops. There are, however, several computer barns on campus equipped with over a hundred computers. Those who intend to buy a laptop can join the laptop scheme on campus and purchase one at a discounted price for students, though it will take some time before the product can be picked up.

3. How far is the campus from the city center? 

The campus is just 10 minutes' ride away from the nearest Mass Transit Railway (MTR) station at Hang Hau. Supermarket, banks, bookstore and food outlets are also available on campus. The city center, Central, can be accessed by bus or mini-bus from campus within 45 minutes.