Master’s in Finance (Banking)
Introduction to the Program
The Master’s Degree in Finance (International Finance and Investment) at the School of Banking and Finance at the University of International Business and Economics (UIBE) is a one year program taught in English. Students can start the program in September or March each year.
About UIBE - University of International Business and Economics
The University of International Business and Economics (UIBE) is China's leading university in Economics, Finances and International business. UIBE offers a large number of high quality Bachelors, Masters and PhD in English for international students and Chinese language programs. There are 13,000 Chinese students and 3,000 international students. For more info visit the UIBE page here.
An applicant must have completed or be in the final year of completing a four year or honours degree in an undergraduate program.
Students also need to be proficient in English with one of the following: TOEFL iBT (internet based) result of at least 86 points: TOEFL (computer based) test result of at least 213 points: TOEFL (paper based) test result of at least 550 points: IELTS test result of 6.0 with a minimum of 6.0 in each score band. This requirement does not apply to an applicant who has studied for at least two years at or received a degree from a college or university with the instruction language in English.
Students also need to demonstrate that they possess the necessary learning ability to succeed in the program. For instance, work experience, or extra-curricula activities and achievements.
The application deadline is June 30th each year for September intake and November 30th for February/March intake.
Period of Study
The University divides an academic year into two semesters. On average, each semester consists of eighteen weeks. The first semester of the academic year, from the beginning of September to January, is called the Fall Semester. The second semester of the academic year, from the beginning of March to the end of June, is called the Spring Semester. The School doesn’t provide any course in summer. The prescribed schedule of the Fall and Spring semester are specified in the University Calendar.
The normal length of study for the Master program is two academic years. The maximum time for completion of a master's degree is three years. This time limit is counted from the time that the students enter the graduate program regardless of any leave of absence taken.
At the end of the International Postgraduate Program in Finance, the students will have a good appreciation of applied finance with solid advanced economics and finance theory, strong cross-cultural communication ability and proficiency in Chinese economics and finance. There are four research streams: Monetary Economics, Finance Economics, Financial Intermediaries and Finance Engineering.
The students will be trained into advanced applied talents and reach higher management level mainly in the central banks, the multinational banks, the transnational investment banks, the fund organizations, the insurance companies, the financial sector in large industrial companies, the finance consultancy firms as well as the relevant management departments. Most graduates are mainly engaged in the positions in analysis, judgment and decision on investment or financing, mastery the international financial markets, research and judgment on relevant government financial policies, advanced financial management.
o Monetary Economics
o Financial Economics
o International Monetary Economics
o Financial Issues in China
The tuition fee is 99,160 RMB for the one year program. Tuition can be paid in full at the start at the beginning of the fall semester or 50% can be paid at the the start of the first semester and the rest can be paid at the beginning of the second semester.
Tuition fees of re-take courses and any additional courses taken are charged on a credit basis, and these are 2,680 RMB per credit.
Note: After students applied and were accepted they have to pay advanced payment: 10000RMB. Once the payment has been paid the official admissions letter and visa form will be sent to the student.
Calculating Your Expenses:
You should expect to budget about 169,160 RMB for an academic year.
Tuition fees: 99,160 RMB
On campus accommodation: 28,000 RMB
Off campus accommodation: 30,000 RMB
Books and supplies and living etc: 12,000 RMB
Careers and Internships
UIBE places great importance on helping students to find work experience and career opportunities. UIBE was the first University in China to establish an advisory service for international students to help students to get a job and there are a number of opportunities for students to take internships while they are studying and to find a job afterwards. The location of UIBE is close to the CBD of Beijing and the international companies and job opportunities there. There are also some companies that have moved their location to be close to UIBE campus and the students. This is a unique advantage of UIBE compared to other Universities.
Students can stay on-campus in dormitories or off campus in private accommodation, students need to apply early for on-campus accommodation. For private accommodation students can search on thebeijinger.com.
To apply complete the application form and pay the application fee here. It takes approximately 4-6 weeks for your application to be processed and before an admissions decision is given. After you have been accepted you will receive your official acceptance letter visa application form. If you have any questions contact us.