Introduction for Finance (Professional Degree Experimental

Program code: 025100　　　　Name of program: Finance (Professional Degree Experimental Class)

1.Main Research Area and Tutors

Financial products and development of trading strategies; investment analysis and wealth management; financial risk management; financial engineering and management

Tutors: 27 (in the order of surname)

Huibin Du; Nan Feng; Liping Fu; Mingyuan Guo; Yan Guo; Qingmin Hao; Haitao Li; Wenhua Li; Zhenhua Li; Yu Lin; Xiangyang Ma; Da Ren; Zhenyu Yu; Weigang Tang; Wansheng Tang; Jin Tian; Chunfeng Wang; Xiong Xiong; Dongling Yan; Yang Baochen; Kelei Yang; Wei Zhang; Xiaotao Zhang; Yongjie Zhang; Zaisheng Zhang; Chundong Zheng; Liqun Zheng

2.Program Features

Finance theory is to explain the operation of the financial practice law. Since the 50s of last century, the theory of financial economics in the mainstream system gradually completed, at the same time, increasingly complex financial practices also challenged the validity of the theoretical system. Especially in 2007, global financial crisis originated from the United States appeared to make this theoretical system gradually expose its own limitations. The global financial practices are driving brewing of a new paradigm in financial economics. Accordingly, the financial practice sector is also looking forward new senior financial personnel to join in.

In this regard, a more open European new financial theory has flourished, which not only improve mainstream financial theory to start more from the perspective of complexity to consider imperfect market conditions and underline the impact of investors’ heterogeneous beliefs on the market, but alsobegin from the point of view closer to financial practice to concern the impact of more factors involving specificinvestment behavior,expectations, and trading activity of macroeconomicson financial operation law.

At the same time, with the development of China's increasingly mature financial practice, it also has shown some different practical features from mainstream financial theory. It is urgent to develop senior financial management personnel that can find a foothold, face the world, adapt to the global trend of economic integration, and have the capacity of international cooperation and international competitiveness.

To this end, Tianjin University integrates the expertise of internationally renowned scholars (University of Paris, France, etc.) from Europe, Oceania and other territories into domestic leading advantages in the new financial field like our local financial engineering and agent-based computational finance. We unite with distinguished Alumni in the financial sector at home and abroad, to co-found a Finance Professional Degree Experimental Class with outstanding international and practical characteristics.

3.Major Scientific Projects and Achievements for the Past Years

Tianjin University, as the first university in China, is the first unit to carry out academic research and education in the field of financial engineering, and is also one of the first base to start financial engineering research and development and personnel training, enjoying very high reputation in financial engineering theory and application area.

Professor Zhang Wei is one of the first scholars to engage in financial engineering research and education. Since 1995, more than ten national projects and a number of province projects including major project of National Natural Science Foundation named “Financial Risk Analysis, Prevention and Control” has been completed under his direction. He alsohave published more than two hundreds of articlesin the domestic high-level academic journals.

Tianjin University has focused on application of financial engineering theories, ideas and technology in practice, as well as the training of senior financial engineering talents. It has obtained achievements in financial risk management, agent-based computational finance, financial derivatives, venture capital financing, behavioral finance and other fields, especially in the financial risk management and agent-based computational finance. It takes theleading position and provides financial advisory services for financial innovation, financial product design, corporate finance and corporate strategy of relevant physical sectors.

4.The Enrollment for Past Years

Charges shall be imposed on Finance Professional Degree Experimental Class, and please refer to the specific recruitment, training and other requirements on the website of College of Management and Economics of Tianjin University for details.

5.Main Courses and Thesis Requirements During Graduate Study

The curriculum of the program is as follows: degree courses (from Principles of Macroeconomics, Basic Laws of the Operation of Financial System, Mathematical Tools of Financial Economics Analysis. These three aspects have laid the foundation for students' basic knowledge); compulsory courses (including the courses from two different ways of the traditional and post-modern to understand the dynamic law of the financial market); practice (from financial training, simulation, advanced dynamic lectures to strengthen students' understanding of financial practices and capacity); elective courses (including three modules, more than 10 optional advanced courses like financial information analysis and modeling, financial innovation and risk management principles, management of financial institutions).

Graduate students are to be trained through various methods like classroom teaching, team learning, case studies, simulations, practical training and other means. Specific features are as follows:

1. Complex instruction: full-time teachers of the experimental class consist of the internationally renowned University professors, the domestic industry's well-known scholars and famous school teachers, with leading international academic influence, strong practical ability and excellent teaching quality;:

2. Practice frontier: international faculty in the industry will be hired to offer project courses of financial theory and practice and to give and analyze the latest financial market trends, financial products, and financial events, etc;

3. Simulation training: top-ranking equipment level of financial laboratory is provided to students with systematic simulation training, to enhance students 'perceptions of the real world and their abilities in real financial field.

4. Financial training: strategic cooperation training base with financial and relevant agents at home and abroad is constructed to enhance students' ability to use the knowledge in the process of practical training and independent research which is designed to be lead by both practice tutors and academic mentors for a half-year financial training session.

Thesis topics of the professional master’s degree mainly come from financial training, being required to have certain theoretical significance and high practical value. Graduate students are required to complete dissertation on the basis of extensive literature reading about academic trends in this area and independent research report of financial training. Papers should have new insights and have great reference value; Essay writing needs clarity, and should be in line with the basic norms of academic writing.

6.Employment

Currently finance and related professional graduates in many financial institutions undertake asset management, risk management, product development and other work. These financial institutions include: head office of Bank of China, head office of Construction Bank, Changsheng Fund Management Company, China Financial Futures Exchange, head office of National Development Bank, head office of Shenzhen Development Bank, the Great Wall Fund Management Company, head office of Agricultural Bank of China, head office of Industrial and Commercial Bank of China, head office of Industrial Bank Co., Ltd, investment banking sector of CITIC Securities, head office of CITIC Bank, headquarter of Guotai Junan Securities Company, Shanghai Stock Exchange, etc.

1. Befamiliar with commercial banking operations, asset management, credit management and other knowledge and skills after graduation to enter the commercial banks and regulatory authorities.

2. Be capable ofinvestment and financing management, financial trading operations, and financial analysis to take up management work in securities companies, funds, investment banks.

3. Be capable of a financial product design and pricing and financial risk managementto take a quantitative analysis job in commercial banks, securities companies, funds, investment banks and other institutions.