About Us

Shortcuts for

HKMA Edges

Professional Diploma in  Investment and Financial Risk Management

The recent financial turmoil and currencies crisesin Asia, Russia and Latin America have seen enormous wealth evaporated in a very short time. Exposure to market risks, if poorly monitored, can bring about huge losses to both companies and individual investors. To address the problem, the Association has designed this part-time diploma course aiming at providing a complete discussion of the investment functions and operations of the treasury and foreign exchange, various paper-based financial products such as derivatives, futures and options, and an easy-to-understand method for calculating and controlling market risks including simple market calculations, effective trading strategies and risk analysis.

Programe Structure
This programme can be completed in ten months. It consists of seven modules, with a diploma being awarded upon successful completion of the course.

First Term
IF2 Derivatives, Futures and Options
IF3 Treasury Operations and Management

Second Term
IF1 Foreign Exchange Operations
IF4 Trading Strategies, Hedging Policy and Market Calculations

Third Term
IF5 Strategies and Techniques in Hedge Fund Investment
IF6 Risk Analysis and Portfolio Management
IF7 Management Report
These four modules have been included in the list of reimbursable course for CEF purposes
CEF Course Title: Foreign Exchange Operations; Derivatives, Futures & Options; Treasury Operations & Management; Risk Analysis & Portfolio Management - 4 modules of the Professional Diploma in Investment and Financial Risk Management
CEF Course Code: 23Z075670

Language Medium
Cantonese (supplemented with English)

Entry Requirements
The programme commences in April and October each year, and the application deadline is normally two weeks prior to the commencement date.

Advancement Path
Master's Degree
1a. Master of Business Administration Reg. 210545 (2.5 years)
1b. Master of Management Reg. 211070
- Financial Management
- Management
- International Management
- Marketing Management
- People and Performance
Articulation via successful completion of Postgraduate Diploma
for PD graduates Reg. 211318(18 months)
Macquarie Graduate School of Management, Sydney
2. Master of Business Reg. 211205 (within 15 months)
The University of Newcastle, Australia
3. MBA Reg. 251861 (2 years, Chinese & English class)
University of Wales, UK
Bachelor's Degree
1. BA (Hons) Business Studies Reg.252020 (1 year)
- Business Studies
- Finance
- Human Resource Management
- Logistics
- Marketing
- Tourism
University of Greenwich, UK
2. BA (Hons) (1 year)
- Human Resource Management Reg. 251921
- Marketing Management Reg. 251923
- Global Business & Logistics Management Reg. 251920
- International Business Reg. 251922
University of Huddersfield, UK
3. BA (Hons) (3 years, Chinese & English class)
- Tourism Management Reg. 251885
- Leisure Management Reg. 251884
University of Wales, UK
4. Bachelor of Science in Business Administration Reg. 271560 (1.5 years)
- Business Management
- Property & Facilities Management
- Risk Management
- Sales & Marketing Management
- Sports & Recreation Management
- Tourism & Hospitality Management
Bulacan State University, Philippines
Professional Diploma in Investment and Financial Risk Management
(10 months)
Applications for exemptions for up to 2 modules of the programme are welcome and they will be considered by the HKMA Academic Committee whose decision is final.
Admission is on a competitive and individual basis entirely at the discretion of the respective universities. Admission criteria and procedures are set by them and are subject to change without prior notice. The Association does not give any warranty and will not accept any liability regarding the above.

It is a matter of discretion for individual employers to recognize any qualification to which these courses may lead.

Member Fee
HK$ 20150 (1st instalment $2,850 x 2 + $200 application fee, 2nd instalment $2,850 x 2, 3rd instalment $2850 x 3)
Non-member Fee
HK$ 21060 (1st instalment $2,980 x 2 + $200 application fee, 2nd instalment $2,980 x 2, 3rd instalment $2980 x 3)
Customer Services Hotline: 2774 8501 / 2774 8500 or via fax 2774 8503
For course details, please call Ms Shirley Chan on 2774 8569 or Ms Kathy Cheng on 2774 8511 ext. 313

View Enrolment List


Programme Index

Download Course Brochure is saved in "pdf" format and should be viewed with Adobe's Acrobat Reader. If you do not have Acrobat Reader installed, please download it here by clicking the plug-in. It is free of charge