Risk management and business intelligence are important in a company’s strategic planning and decision-making in the globalized era. Fast-paced developments in asset management, financial technologies, insurance products, marketing, healthcare, and other technologies advocate the essential need for firms to assess and mitigate risks effectively with the analysis and management of the ever-growing volume of business data. The BSc program in Risk Management and Business Intelligence (RMBI) integrates risk management and business intelligence studies in one single undergraduate program.

Combining the world-class expertise of HKUST School of Business and Management, School of Engineering, and School of Science, the RMBI program has a unique curriculum that emphasizes quantitative techniques and business knowledge encompassing:

• Understanding of risks in financial institutions and other firms, including market risks, credit risks, operational risks, and business risks 
• Mathematical models and methods for assessing and managing risks 
• Data/text mining methods and advanced technologies to analyze and manage the increasingly large volume of business data available for decision-making

Required Courses Offered in the RMBI Curriculum 

Integration of Risk Management and Business Intelligence

• Introduction to Risk Management and Business Intelligence 
• Risk Management and Business Intelligence Capstone Project I
• Risk Management and Business Intelligence Capstone Project II
• Academic and Professional Development in Risk Management and Business Intelligence

Financial Investment, Accounting and Business

• Macroeconomics
• Microeconomics
• Principles of Accounting I
• Financial Management
• Business Case Analyses I/II 
• Operations Management
  
• Business Modeling and Optimization
• Business Ethics

Risk Assessment and Modeling

• Calculus/Accelerated Calculus/Honors Calculus 
• Introduction to Probability Models
• Introduction to Multivariable Calculus
• Matrix Algebra and Applications
• Linear Algebra
• Applied Statistics
• Quantitative Methods for Risk Management
  

Business Intelligence Tools and Technologies

• Introduction to Computer Science
• Introduction to Computing with Java
  
• Introduction to Information Systems
  
• Data Mining for Business Analytics
  
• Advanced Data Mining for Risk Management and Business Intelligence
• Cloud Computing and Big Data Systems
• Big Data Technologies

Financial Technology Option

• FinTech and Cryptoventures
• Engineering Foundations of FinTech

A wide range of elective courses on risk management, business intelligence, and financial technology will be offered. Please refer to the Program website for the detailed list of courses offered for RMBI students.

Capstone Projects
Through in-depth study of business cases from corporate sponsors, students apply different knowledge gained in their studies to real-world situations, cultivate creative and critical thinking, and develop project management skills. The Capstone projects help students establish future business connections and experience. Some past/current corporate project sponsors include Bloomberg L.P., DBS Bank, Ernst & Young, Webank, Welab, and The Hong Kong Jockey Club.

Enrichment Programs
RMBI students enjoy the opportunities to join a variety of enrichment activities including overseas exchange, mentorship, internship, creating RMBI newsletters, RMBI symposium, seminars, and various professional training and workshops to enhance their learning through hands-on practice, enrich their problem-solving and communication ability, and excel in their career and personal development.

Career Prospects
RMBI students are well educated for a wide range of functions and industries including analysts and consultants in the banking sector, asset management, accounting and audit firms, and management consultancies and IT advisory, etc.

Remarks:

Students may directly apply for JS5814 BSc RMBI program in JUPAS if they have a special interest in risk management and business intelligence.  For students who would like to take time to explore their academic interest, they may apply to enter the School of Business and Management, the School of Engineering or the School of Science first and then join the RMBI program via the major selection exercise after completing the first year of study.

Interview is compulsory for admission. Selected Band A applicants will be invited to program-specific interviews or engagement activities in May–July 2021.

HK$ 42,100