RISK Management Science | The Chinese University of Hong Kong

What is Risk Management?

Risk Management is a discipline in which quantitative analysis is performed to identify, assess, mitigate and resolve various kinds of uncertainties, such as risk in a business engagement, personal health risk and environmental risk. Our programme focuses on the professional treatment of financial risk, equipping students with the skills essential for joining the banking/finance sector in Hong Kong and overseas. To become a successful risk manager, solid training is required to be built on the rigorous foundation of Mathematics and Statistics, Computer Science and knowledge of Economics and Finance.

Why is Risk Management a ‘Science’ subject?

Science is an indispensable component in the training of a risk management expert. By practicing scientific and quantitative methodologies, students are equipped with frontier knowledge in risk management – derivative pricing theory, mathematical modelling and risk control theory. The scientific elements in our programme enable our students to adapt to the ever-changing and increasingly competitive financial environment.

What are the career prospects for RMSC students?

Over the past decades our graduates have pursued careers as risk managers and financial analysts in various financial institutions and regulatory agencies. The financial sector requires experts in risk management who can ensure that standards issued by international regulatory bodies are adhered to and properly maintained.

Our graduates can enrich their qualifications by taking professional examinations such as Certified Risk Manager (CRM), Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM), or by furthering their studies in Hong Kong or overseas.

Are there any exchange opportunities?

Students can participate in student exchange programmes organised by CUHK. The University and Colleges offer more than 280 student exchange programmes. For details, please visit the page of Experiential Learning.

Are there any internship opportunities?

Students have the opportunity to enhance their work experience through summer internships and other internship opportunities. The information on internship opportunities will be regularly posted on the intranet and disseminated via department mass mail. For details, please visit the page of Experiential Learning.

	HKDSE	CHI	ENG	MATH	LS	M1/M2	Best Elective	Second Elective	Third Elective
2021	Upper Quartile	3	4	5**	4	5	5*	5	-
	Median	4	4	5*	5	5	5*	5	4
	Lower Quartile	3	3	5*	4	5	5*	5	-
2020	Upper Quartile	4	4	5*	4	5*	5*	5	4
	Median	4	3	5*	4	5	5*	5	-
	Lower Quartile	5	4	5	5	5*	5	4	-

Exam	Required Subjects
GCE AL/IAL (3AL in one sitting)	i) MATH/Pure MATH; and ii) Fur Math
IB	i) 1HL subject in Mathematics: Analysis and Approaches, or Mathematics: Applications and Interpretation; and ii) 1 science subject (HL or SL) in BIOL, CHEM, ECON, or PHYS
SAT/ACT/AP	ACT/SAT Reasoning Test+ 2 SAT Subject Test (including MATH Level I or II) or ACT/SAT Reasoning Test + 2 AP subjects (including Calculus AB or BC)