Master of Finance Program at Renmin University

『一』What are the specific differences between the academic and professional master's degrees in finance at Renmin University of China?

The main differences are: different training directions, different learning requirements, and different academic systems.

1. Different training directions: full-time academic master’s education focuses on cultivating teaching and scientific research talents, and the types of degrees awarded are mainly academic degrees; full-time professional master’s education aims to overcome the weaknesses of academic master’s , the country’s new training of specific high-level specialized talents.

2. Different learning requirements: According to relevant regulations in China, general master’s education is mainly aimed at cultivating teaching and scientific research talents, and the types of degrees awarded are mainly academic degrees; while professional master’s degrees are masters with professional backgrounds A degree designed to cultivate high-level professionals in specific occupations.

3. The academic system is different: the full-time professional master’s degree lasts for 2 to 3 years, including no less than half a year of internship; while the full-time academic program basically focuses on learning theory, and the academic system lasts for 3 to 5 years. Years ago, the main courses at school are basically the same, and the methods of life, study, tutor training, etc. are the same.

『二』Where can I find the full training program for master’s degree students in finance from Peking University, Renmin University of China, Central University of Finance and Economics and other schools?

You should go to the school’s official website and have a look, it should be There are names of training subjects.

『三』The tuition fee for Master of Finance at Renmin University is 45,000 per year. Why is it so expensive?

The teachers we hire are getting better and better. For example, we hired one more foreign teacher this year. The salary is ten times that of domestic teachers. All the money has to be paid by the students. For example, there are more and more CASE STUDY, so you need to buy CASE. Something like that

『四』I am in finance and want to take the postgraduate entrance examination at Renmin University. How should I be accurate?

1. Financial markets and monetary policy. Mainly include some aspects of financial markets. Basic structure/composition/operating mechanism/basic knowledge of various financial products, the theory and practical operation of central bank monetary policy, interest rates/inflation/unemployment/GDP and other influencing factors.

2. Financial accounting. Mainly how to make the three major statements, especially how to make the cash flow statement, and the manipulation techniques in financial statements.

3. Corporate finance. Mainly enterprise system/MM theory/M&A operation and pricing/corporate governance structure/financing decision-making/investment decision-making/dividend policy/company pricing (DCF/FCFE/FCFF/RI/ NOI method), etc.

4. Securities pricing. Utility theory, stock pricing (including MPT, CAPM, APT, etc.), bond pricing (YTM, SPOT, Duration, Convexity, interest rate term structure, etc.), derivatives Pricing (futures pricing, binary numbers, simple random process simulation, BSM pricing model, etc.)

5. Securities market. Categories of various financial products, trading mechanisms (no need to be too deep, as long as you know the basic transactions Just how the rules and transaction prices are generated), investment banking business processes, etc.

6. International finance. Various financial products in the foreign exchange market/foreign exchange market mechanisms/BOP projects/various exchange rate systems/exchange rate adjustment mechanisms. Recommended A book - Stieglitz's

7. Corporate strategy. Company strategic decision-making, industry analysis framework (PORTER'S FIVE FORCES, BCG Matrix, etc.), product analysis tools (SWOT). Recommend a book - a book by BCG. I borrowed it and can't think of the name.

8. Microeconomics. Prices, costs, production, pricing, taxes, monopolies, market types, externalities, etc. 9. Pay attention to current political and economic events. There are many economic newspapers and magazines nowadays, so there is no need to read newspapers. You can just look at what events are happening in the subdivisions that Sina Finance focuses on. I recommend two magazines, "Caijing" and "New Fortune". I have been reading "Caijing" since high school. It contains many in-depth investigations of policies and cases. I have been reading "New Fortune" since its inception. It is specifically for brokers and funds. The content is relatively in-depth. It may be difficult to read it at first, but if you stick to it for a year, your level will improve greatly. Now these two books have basically become a must-have for every brokerage firm and fund. The book "New Wealth" has now been promoted by me to the entire department (I was once the vice chairman of the graduate student association in charge of academic affairs).

10. information. The area where Sichuan University lags most behind other places now is information. Many students don't even know the names of some large institutions. This depends on your own efforts, reading more magazines, and contacting more friends outside. If you are particularly qualified, look for research reports from some securities firms or funds, including industry, macro, or financial engineering, etc.

11. Examination. At present, the main financial exams are CPA/CFA/ACCA/actuarial science. First of all, except for the actuarial exam, which guarantees a good job after taking the exam, other exams are not good, so you don’t need to spend too much time on the exam. Reading and internship are more important. CPA is worth taking the exam, but it has become more and more difficult in recent years. Passing the exam will not only help you get into a securities firm, but also give you the right to sign statements.

CFA is basically a foreign master's degree course system in finance (I discussed this with the dean of an American business school when I accompanied him throughout the visit). After passing the exam, you only need what is needed for foreign master's programs in finance. Five or six years ago, , passing the CFA exam can guarantee an annual salary of 500,000 for a large brokerage, but it is not possible now. There are many people taking the exam in China, and many returnees have also taken the exam abroad. ACCA, I still can’t sign after taking the exam, but starting from next year, China’s accounting GAAP will be in line with international GAAP (not US GAAP), so ACCA is now of some use, mainly because many domestic companies will use it when they go overseas for IPO or mergers and acquisitions. . Actuarial science is very useful for students doing insurance and financial engineering.

However, taking this exam is also a long-term battle.

12. English. To join a foreign securities firm or fund, the English requirements are not very high. You just need to be able to basically handle conversations in spoken English (many foreign securities firms are now localized, and most of them are Chinese, and few speak English). However, reading and writing skills are required. Good (you need to read and write a research report in English). Domestic institutions don't care about English anymore, except for joining the international business department (most of whom are returnees here). Nowadays, many people in the School of Economics study English all day long, but I personally don’t recommend studying English all day long. After graduation, my major will be a mess (my millionaire roommate who went to a top international brokerage with my tutor also has average English). Maybe I can find a foreign-funded daily chemical company by then. (I really hate PG. Many products have problems, and every time there is a problem, I am very proud. JJ almost used SK2. A friend tried to return SK2 and refused to refund.) I work in sales and finance for electronics and other companies. It can be said that future income may not be as high as that of domestic securities companies, let alone fund companies or foreign-funded institutions. Although the initial salary of domestic securities companies is not as good as that of these companies, the salary is only a small part of these people, who mainly rely on their own stock trading. make money.

13. Theory and practice. The school I am currently attending is not very good in theoretical training, and the students' theoretical skills are not very good. It is still relatively fast to get started, but subsequent development always encounters bottlenecks. At present, Peking University CCER has the strongest theoretical training in China. The people who come out are more comprehensive and more in-depth than us in looking at some issues, and they have great stamina. My personal opinion is to pay equal attention to both theory and practice. Nowadays, some scientific research projects at Sichuan University are not too market-oriented or biased towards the securities industry. This is a problem, but my personal suggestion is to do it well and at least develop your own research ability, because most students enter the securities industry by doing research. Nowadays, securities companies and funds pay more attention to papers, especially Chinese capital.

『五』What are the finance courses at Renmin University?

1. Editor-in-chief Gao Hong, published by Renmin University Press, Fourth Edition

2. Political Economics (4th Edition) (Course Textbook for the 21st Century), author: Pang Jin Ju Hong Yinxing

Lin Gang

Liu Wei

3. Song Dynasty Edited by Tao, "Political Economics Tutorial", published by Renmin University Press, eighth edition.

"Lu" Can I join the central bank after graduating from Renmin University with a master's degree in finance? I won't take the exam until next year. What do I need to prepare for?

It's hard to say. The central bank has a quota limit. You must pass the open recruitment exam to get in.

Are you going to graduate with a master's degree next year? Or are you planning to take the master's degree in finance from Renmin University next year? To prepare for the master's degree, the key is to master the undergraduate courses in finance, the research direction of the thesis, and the necessary English and current affairs news. If you prepare for the test with a score of 370 or above, you can basically pass the National People's Congress

『撒』 About Renmin University Master of Finance

Start preparing during the summer vacation of your junior year. Too early will not be effective. Plans vary from person to person. Now you don’t use any information. It’s useless. Now you just need to learn mathematics well and persist. Just memorize English. When you have nothing to do, you can read books on economics and finance, but they are actually not very useful for the postgraduate entrance examination. It is too early.

『8』Undergraduate degree in Finance from Renmin University of China, what are the professional courses (urgent)

Economics International Economics and Trade Finance Finance National Economic Management Trade Economics Insurance Financial Engineering Credit Management Network Economics Sports Economics Investment Environmental Resources and Development Economics Real Estate Management and Estimation Statistics International Culture and Trade Taxation Taxation

There are also some public basic courses in universities: advanced mathematics, College English, modern history, Mao and Deng San, etc.