Prospective Students

Master of Arts in Personal Finance Education

 
PROGRAMME FEATURES
 
  • It is the first Master of Arts programme in personal financial education in Hong Kong, focusing on both theoretical financial knowledge and workplace application skills to improve participants’ competitiveness in the market.
  • Participants will be given opportunities to gain practical and first-hand experience in transferring financial knowledge to individuals and the tools to enable them to be professional financial educators, equipping the skills to operate effectively in the three areas of education, business, and society. 
  • The demand for financial talents in mainland China and Hong Kong is growing rapidly. Graduates have a wide range of employment prospects, including banking and financial institutions, government agencies, educational institutions, and mass media.
  • All subjects are taught in English, in order to strengthen participants’ English proficiency and competitiveness in the international market.

The Institute of Financial Planners of Hong Kong (IFPHK) confirms that Master of Arts in Personal Finance Education (MAPFE) graduates are eligible to apply for “Fast-track to Certified Financial Planner (CFP)  Certification” - List C candidacy.  Under the fast-track arrangement, the MAPFE graduates will be exempt from taking the CFP certification education program (courses 1 to 3) and the CFP certification examination (foundation level).

 
PROGRAMME ENQUIRIES
 
Hotline : (852) 2948 8727
Fax : (852) 2948 8018
E-mail : mapfe@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
 

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Every effort has been made to ensure that information contained on this website is correct. Changes to any aspects of the programmes may be made from time to time due to unforeseeable circumstances beyond our control and the University reserves the right to make amendments to any information contained on this website without prior notice. The University accepts no liability for any loss or damage arising from any use or misuse of or reliance on any information on this website. In the event of any disputes regarding the website content, the University reserves the right to make the final decision.

Programme Info
Programme Leader
Dr TAN Weiqiang
E-mail
mapfe@eduhk.hk
Website
Leaflet


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 formulate and implement 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 perspective (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

The programme comprises 24 credit points (cps). Participants normally take one year (full-time mode) or two years (part-time mode) to complete the programme. They need to attend classes which may be held in the evening/daytime on weekdays or weekends at the Tai Po Campus or Tseung Kwan O Study Centre and/or North Point Study Centre or satellite study center near Kowloon Tong as decided by the University.

PROGRAMME CURRICULUME

Students are required to complete 24 credit points for 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
or 
Contemporary Issues in Personal Finance Education
or
Internship Programme in Personal Finance Education
3 cps
Total Credit Points 24 cps

*Choose one out of three elective courses
*The offering of elective courses and the quota offered is subject to the Programme’s decision and students enrolment. It may vary in each academic year.

 

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
or 
Contemporary Issues in Personal Finance Education
or
Internship Programme in Personal Finance Education
3 cps
Total Credit Points 24 cps

*Choose one out of three elective courses
*The offering of elective courses and the quota offered is subject to the Programme’s decision and students enrolment. It may vary in each academic year.

 

There are two options for students to complete the 24 credit points for graduation:
1) Students who opt for coursework will need to take 8 courses

Component Credit Points (CPs)
All 7 core courses
and
1 Elective
24
Total 24

2) Students who have sufficient research competencies, 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:

Component Credit Points (CPs)
6 core courses 18
Research Project 6
Total 24
 
MEDIUM OF INSTRUCTION

The medium of instruction is English.

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
  • 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); [for 2023/24 intake, Band 6 in the Chinese Mainland’s College English Test (CET) of June 2021 and hereafter with a total score of 430 or above will be considered] ; 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)/

Every effort has been made to ensure that information contained on this website is correct. Changes to any aspects of the programmes may be made from time to time due to unforeseeable circumstances beyond our control and the University reserves the right to make amendments to any information contained on this website without prior notice. The University accepts no liability for any loss or damage arising from any use or misuse of or reliance on any information on this website. In the event of any disputes regarding the website content, the University reserves the right to make the final decision.
 

Course Outlines

 

Course

Course Code & Outline

Master of Arts in Personal Finance Education

(One-year Full-time / Two-year Part-time)

Global Financial Market and Instruments

BUS6031

Quantitative Analysis for Financial Studies

BUS6032

FinTech and Consumer Finance

BUS6033

Ethical Issues and Decision Making in Personal Finance

BUS6034

Financial Risk Management for Investment

BUS6035

Research Methods in Finance

BUS6036

Financial Literacy Education for All Aged Groups

BUS6037

Elective: BUS6038 Investment Analysis and Portfolio Management for Personal Needs | BUS6039 Contemporary Issues in Personal Finance Education | BUS6046 Internship Programme in Personal Finance Education
Research Project: BUS6040 Research Project

Any aspect of course offerings (including, without limitation, the content of the course and the manner in which the course is taught) may be subject to change at any time at the sole discretion of the University. Without limiting the right of the University to amend the course and its course offerings, it is envisaged that changes may be required due to factors such as staffing, enrolment levels, logistical arrangements, curriculum changes, and other factors caused by unforeseeable circumstances. Tuition fees, once paid, are non-refundable.

Tuition Fee and Scholarship
TUITION FEE

The programme is offered on a self-financed basis. The tuition fee for the whole programme is HK$147,000($6,125 per credit point) for 2023/24 cohort.

ENTRANCE SCHOLARSHIP

Entrance Scholarship is available and awarded on the basis of academic merits with consideration of non-academic achievement.

Student Activities

Mr Anthony Cheung, a specialist in green and sustainable investments in Asia, gave a sharing on the topic "ESG Analyst certificate (CESGA) and the importance of ESG investment in the Hong Kong finance sector" to MAPFE students on May 5, 2022.

Certified ESG Analyst (CESGA) program by the European Federation of Financial Analysts Societies (EFFAS) is an internationally recognised certificate for ESG professionals.

Mr Anthony Cheung was the first in Asia who attained the Certified ESG Analyst (CESGA) designation and was awarded Regional ESG Leader Award by Insights and Mandate (I&M) in 2019. Anthony is also a Fellow of CPA Australia.

 


Vice Chairman of Institute of Financial Planner HK shared his insight on Wealth Management in Greater Bay Area

The Master of Arts in Personal Finance Education (MAPFE) programme invited Mr. Edwin Cheung (Vice Chairman of Institute of Financial Planner Hong Kong) to give a talk to the students on February 28, 2022.

In the online seminar, Edwin shared the recent development of wealth management industry in the Greater Bay Area, especially Hong Kong. He also introduced the Certified Financial Planner (CFP) Certificate to the students.

Mr. Edwin Cheung is currently Vice Chairman in Development and the Chairman of the Assessment and Compliance Committee for Institute of Financial Planners of Hong Kong.  

More details in Chinese version: https://mp.weixin.qq.com/s/CZgYt6nTtPGXnDuPvSEQcw

 


Congratulations to the MA(PFE) team which won the Bronze Award of the Personal Finance Ambassador Programme 2021/22


Four MA(PFE) students (Xiao Shiqi, Chen Weiwei, Liu Yutong, Ou Shiteng) formed the team “Budget BOX” and won the Bronze Award of the Personal Finance Ambassador Programme 2021/22 on January 15, 2022. The Personal Finance Ambassador Programme 2021/22 was co-organised by HKEX Foundation Limited, Investor and Financial Education Council, and St James’ Settlement.

Under the theme of “Digital Personal Finance”, 14 teams from the local tertiary institutions were shortlisted and trained as Personal Finance Ambassadors to develop on-campus financial education project. Six teams were selected to compete for awards at the Presentation and Award Ceremony.

Budget BOX, as the Personal Finance Ambassador, conducted both online (Instagram posts, WhatsApp group activities and game websites) and offline campaigns (booths and workshops) to boost the knowledge on Digital Personal Finance among EdUHK students. The campaigns have involved over 350 students of EdUHK and over 60 students participated in the workshop lecture on “University Students' Money Management in the big data era”.

Some students of EdUHK get to know their own personal financial status, risk tolerance and produce their personal financial wellness proposal under the guidance of Budget BOX.

MA(PFE) students will continue to organise the workshops on personal finance in the further days.

For sharing from the Bronze Award team “Budget BOX”, please go to the article via the following weblinks:

(Chinese version only)

參賽感言(一)https://mp.weixin.qq.com/s/rmeScl3t36yJRGqatJKYGA

參賽感言(二)https://mp.weixin.qq.com/s/RmXtoQ8Hq_rMFX9Ky4BEZQ

 


MAPFE programme organized the workshop on “University Students' Money Management in the big data era”

The Master of Arts in Personal Finance Education (MAPFE) programme organized the first on-campus financial education workshop on December 8, 2021. The workshop focused on “How college students manage money in the big data era.” 

The MAPFE student, Ms. Morrian XIAO, acted as the instructor and gave the lecture to help the participants manage money properly.  The workshop also introduced savings, consumption, investment, and how to prevent online financial fraud.

About 60 students from various majors in the EdUHK participated in the workshops in person or online. The workshop aims to increase their awareness and understanding of financial literacy. 

The MAPFE students will organize a series of on-campus seminars/workshops/games on finance education, including money and credit management, the introduction of cryptocurrency, MPF management, retirement plan to the EdUHK community. 

This project, “On-campus financial literacy education in the EdUHK community,” is supported by the Specific Student Empowerment Work Scheme (Specific SEWS) 2021/22. These activities will be held from December 2021 - June 2022.


 


MAPFE programme organized job hunting training workshops


The Master of Arts in Personal Finance Education programme organized training workshops on “How to Start Job Hunting in Hong Kong” on September 29 and October 6, 2021, respectively. The speaker, Ms Jacqueline Lo, gave the talks to help students know where to obtain the job vacancy information, prepare the CV and cover letter, and learn the interview etiquette.


 


Financial Elite Shares professional perspective on Hong Kong’s Derivative Securities Market


Mr Martin Wong, the Executive Director and Head of Exchanged Traded Solutions Sales (Asia Pacific) of BNP Paribas, gave a professional sharing about “Derivative Securities Markets in Hong Kong” on October 5, 2021.


 


Data Scientist Gave Academic Seminar on Financial Risk Management


Prof. Li, Wai-Keung, the Research Chair Professor of Data Science, and the Dean of the FLASS at The Education University of Hong Kong (EdUHK), gave an academic seminar to the students in the programme Master of Arts in Personal Finance Education.

Media Coverage

Learn to be a money sage
(英文虎報 The Standard, 26 Jan 2021)

https://www.thestandard.com.hk/section-news/fc/4/226921/

大學生「碌」卡是精明還是會惹上一身債?
(信報財經新聞, 朱文英博士, 21 Oct 2020)
https://www1.hkej.com/dailynews/culture/article/2610991/

教育小朋友理財 延遲滿足換取更大獎勵
(信報財經新聞, 朱文英博士, 15 Sept 2020)
https://www1.hkej.com/dailynews/culture/article/2581695/

教大明年首辦理財教育碩士
(星島日報, 3 Sept 2020)
https://std.stheadline.com/daily/article/2273209/

教大明年辦理財碩士課 校長張仁良:樂意客串
(明報, 3 Sept 2020)
https://news.mingpao.com/pns/%E6%95%99%E8%82%B2/article/20200903/s00011/1599070176386/

【中環解密】教大首辦理財碩士課程 張仁良或客串
(信報財經新聞, 3 Sept 2020)
https://hk.news.yahoo.com/%E4%B8%AD%E7%92%B0%E8%A7%A3%E5%AF%86-%E6%95%99%E5%A4%A7%E9%A6%96%E8%BE%A6%E7%90%86%E8%B2%A1%E7%A2%A9%E5%A3%AB%E8%AA%B2%E7%A8%8B-%E5%BC%B5%E4%BB%81%E8%89%AF%E6%88%96%E5%AE%A2%E4%B8%B2-193100407.html

教大明年開辦個人理財教育碩士課程 校長張仁良或客串上陣授課
(hket.com, 2 Sept 2020)
https://topick.hket.com/article/2742209

講求事實數據的理財教育
(信報財經新聞, 姚偉梅教授, 8 Jun 2019)
https://www1.hkej.com/dailynews/culture/article/2157737/

 

Enquiries

Admission Enquiries

Tel: (852) 2948 6886
E-mail: tpgadmission@eduhk.hk

Programme Enquiries

Tel: (852) 2948 8727
E-mail: mapfe@eduhk.hk