Prospective Students

Master of Arts in Personal Finance Education

(The programme will be first implemented in 2021/22)
INTRODUCTION

The Master of Arts in Personal Finance Education [MA(PFE)] aims to enhance educational value of financial literacy through the employment of particular courses that explore the nexus between theory and practice, while simultaneously introducing others which aim to provide participants with broad base knowledge in finance. Graduating participants are given the tools to enable them to be professionally finance educators, thereby transforming their knowledge to suit market and individual needs. Specifically, the programme focuses on market needs and changes, financial knowledge with analytical skills and education is viewed as being essential as practicing financial educators of the future are required to operate effectively in the three areas of education, business, and society. Consequently, a fundamental objective of the MA(PFE) is for participants to contextualise what they have learned and practiced within the classroom and apply with educational context to people with diverse financial needs and goals. Participants will be given opportunities to gain practical and first-hand experience in transferring financial knowledge to individuals.

PROGRAMME ENQUIRIES
 
Hotline : (852) 2948 7707
Fax : (852) 2948 8018
E-mail : jclee@eduhk.hk
Website : https://www.eduhk.hk/mapfe
In person :

Room D3-1/F-22A, Department of Social Sciences,
The Education University of Hong Kong,
10 Lo Ping Road, Tai Po, New Territories, Hong Kong
 

Programme Info
Programme Leader
Dr CHU Man Ying Amanda
TEL
2948 8941
E-mail
amandachu@eduhk.hk
Website


Contents of the Programme
PROGRAMME AIMS

The MA(PFE)’s objectives are to:

a.    equip participants with professional knowledge in finance and necessary skill sets for investment analysis;  

b.    enable participants to formulating and implementing comprehensive personal finance education for individuals with different financial backgrounds and needs in a society of prolific lifestyles; 

c.    focus on necessary financial knowledge in personal finance and the application of knowledge and skills required for effective financial decision-making, financial planning and hence training, education, and knowledge transfer; and

d.    equip participants to meet their career goals in either the financial services sector or financial-related educational/training sector.

Upon successful completion of the programme, participants should be able to:

a.    demonstrate solid understanding and a broad spectrum of knowledge and concepts in finance and financial management (PILO1); 

b.    critically evaluate the trend and development of financial and investment markets in a global perspectives (PILO2);

c.    integrate financial knowledge in solving personal financial problems and ethical decision making (PILO3);

d.    possess high professionalism, creativity and competencies as a financial literacy educator (PILO4); and

e.    transfer and apply research methods and financial knowledge in the context of professional work. (PILO5).

PROGRAMME STRUCTURE

Participants of the MA(PFE) are required to take seven core courses (3 cps each) and one elective (3 cps each) adding up to 24 cps for the graduation. The normal study pathway is shown as below:

Full-time Mode:
Year Semester Courses Credit Points (cps)
1 I Core: Global Financial Market and Instruments (3 cps) 12 cps
Core: Quantitative Analysis for Financial Studies (3 cps)
Core: FinTech and Consumer Finance (3 cps)
Core: Ethical Issues and Decision Making in Personal Finance (3 cps)
II Core: Financial Risk Management for Investment (3 cps) 9 cps
Core: Research Methods in Finance (3 cps)
Core: Financial Literacy Education for All Aged Groups (3 cps)
*Elective: 
Investment Analysis and Portfolio Management for Personal Needs (3cps)
or 
Contemporary Issues in Personal Finance Education (3cps)
3 cps
Total Credit Points 24 cps

*Choose one out of two elective courses

Part-time Mode:
Year Semester Courses Credit Points (cps)
1 I Core: Global Financial Market and Instruments (3 cps) 6 cps
Core: Quantitative Analysis for Financial Studies (3 cps)
II Core: Financial Risk Management for Investment (3 cps) 6 cps
Core: Research Methods in Finance (3 cps)
2 I Core: FinTech and Consumer Finance (3 cps) 6 cps
Core: Ethical Issues and Decision Making in Personal Finance (3 cps)
II Core: Financial Literacy Education for All Aged Groups (3 cps) 3 cps
*Elective: 
Investment Analysis and Portfolio Management for Personal Needs (3cps)
or 
Contemporary Issues in Personal Finance Education (3cps)
3 cps
Total Credit Points 24 cps

*Choose one out of two elective courses

For participants who have obtained approval and opt for the Research Project can be exempted from taking the Research Methods in Finance and the elective course. Their study path is as follows:

Full-time Mode:
Year Semester Courses Credit Points (cps)
1 I Core: Global Financial Market and Instruments (3 cps) 12 cps
Core: Quantitative Analysis for Financial Studies (3 cps)
Core: FinTech and Consumer Finance (3 cps)
Core: Ethical Issues and Decision Making in Personal Finance (3 cps)
II Core: Financial Risk Management for Investment (3 cps) 6 cps
Core: Financial Literacy Education for All Aged Groups (3 cps)
Research Project 6 cps
Total Credit Points 24 cps

 

Part-time Mode:
Year Semester Courses Credit Points (cps)
1 I Core: Global Financial Market and Instruments (3 cps) 6 cps
Core: Quantitative Analysis for Financial Studies (3 cps)
II Core: Financial Risk Management for Investment (3 cps) 3 cps
2 I Core: FinTech and Consumer Finance (3 cps) 6 cps
Core: Ethical Issues and Decision Making in Personal Finance (3 cps)
II Core: Financial Literacy Education for All Aged Groups (3 cps) 3 cps
Research Project^ 6 cps
Total Credit Points 24 cps

^Research project starts at semester 2 of year 1 study.

MEDIUM OF INSTRUCTION

The medium of instruction is English.

TUITION FEE

The programme is offered on a self-financed basis. The tuition fee for the whole programme is HK$140,000 ($5,833 per credit point), which is provisional and subject to adjustment.

ENTRANCE REQUIREMENTS
 
  1. Applicants should normally hold a recognised Bachelor’s degree or other equivalent qualifications.
  2. Applicants whose entrance qualification is obtained from an institution in a non-English speaking system should normally fulfill one of the following minimum English proficiency requirements:
  • IELTS 6.0; or
  • Grade C or above in GCSE / GCE OL English; or a TOEFL score of 80 (internet-based test); or
  • Band 6 in the Chinese Mainland’s College English Test (CET) (a total score of 430 or above and the test result should be valid within two years); or
  • Other equivalent qualifications.
  1. Shortlisted applicants may be required to attend an interview.

For details, please visit: https://www.eduhk.hk/acadprog/EnReq(Pg).html