Skip to main content
Thumbnail of Bachelor of Statistics (Risk Management) [BStat(RM)]

Bachelor of Statistics (Risk Management) [BStat(RM)]

Thumbnail of Aims & Features

Aims & Features

The Bachelor of Statistics (Risk Management) (Programme Code: 6779) aims to provide students with the skills and expertise to enable them to acquire the theory and methodology behind the scientific process of risk management, with application to actuarial science, finance and other areas of interest. It is designed to provide solid training in the concepts of the risk management process, statistical models and methods of risk management, and good risk management practice.

 

Core courses in the curriculum emphasise fundamental concepts and nature of risk assessment, risk management and governance from different standpoints while elective courses provide either training in specific Risk Management disciplines or an extension of knowledge aiming to give students more modeling, technical and analytical skills in risk management, including discrete-time models in finance, stochastic calculus with financial applications, and financial time series modeling.

 

Through participating in experiential learning activities including research-based projects, industrial internships and overseas exchanges, students could enhance their knowledge in risk management and exposure in managing risk in practice, and improve their thinking and communication skills.

 

The programme caters for students with good mathematics background and is designed to meet a steadily rising demand for risk analysts in government or private consulting firms, and business, finance, insurance, IT, marketing research industries.

Accreditation

  

 

The University of Hong Kong (HKU) has been awarded the status of an Accredited University by the Royal Statistical Society (RSS) since December 2023. The RSS accreditation provides reassurance that the teaching, learning and assessment within the accredited programme is of high quality and meets the needs of students and employers.

 

Upon completion of the Bachelor of Statistics (BStat) degree programme at HKU and application to RSS via the standard route, graduates are qualified to become a Graduate Statistician (GradStat) designated by RSS.

In addition, the RSS has awarded individual HKU courses with the RSS Quality Mark, a recognition that these courses teach good statistical literacy. Students who have passed these courses are deemed to have met the academic requirements of the RSS Data Analyst award.

Admissions Requirements

6779

Bachelor of Statistics (Risk Management) [BStat(RM)]

Programme Name:
Statistical Decision Sciences

Entrance Requirements

Core Subjects

Chinese Language

Minimum Level: 3

English Language

Minimum Level: 3

Mathematics (Compulsory Part)

Minimum Level: 4

Citizenship and Social Development

Minimum Level: Attained (A)/2

Elective Subject(s)

Mathematics Extended Module 1 or 2

Minimum Level: 3

Any 1 subject

Minimum Level: 3

JUPAS Admission Formula

The scoring formula considers category A subjects only and M1/M2, unless otherwise specified.

1.5 x Math + Best 4 Subjects* *May Include M1/M2

IB

Lower Boundary

39

Subject Requirements

Grade 6 or better in HL Mathematics

GCE A-level / International A-level

Lower Boundary

2A*1A in the best three subjects (English and Chinese language subjects, Critical Thinking, General Studies, Global Perspectives and Research, Knowledge and Enquiry, Project Work, Thinking Skills, and Extended Project Qualification are excluded.)

Subject Requirements

Grade A* in AL Mathematics and Further Mathematics

SAT/AP

Lower Boundary

Grade 5 or above in three AP subjects; and A superscore of 1450 or above in the SAT, or Grade 4 or above in two additional AP subjects.English and Chinese language subjects, AP Seminar and AP Research are excluded and students presenting the now defunct SAT Subject Tests may be considered for admission based on comparable achievements. (i.e. a score of 600 or better.)

Subject Requirements

Grade 5 in Mathematics / Calculus BC

Indian Board Exams

Lower Boundary

90%

Subject Requirements

90% or better in Mathematics

Internship Programmes

There is no better training than obtaining solid hands-on experience in the real workplace. Our Internship Programme serves precisely this purpose. As an intern, the student will gain insight into the challenging world and daily activities of a statistician while strengthening his/her technical, analytical and communication skills.

The collaboration with the Census and Statistics Department, HKSARG offers selected students a chance to participate in the Professional Attachment Programme, where students will be supervised by professionals to engage in various statistical researches and duties in a governmental setting.

 

  • Duration: 1 month
  • Period: Summer each year
  • Requirements: Year 2 or above

BStat students are eligible to use the Department’s Internship / Job Online-application System, where related internships and other job openings from prestigious firms, including graduate positions, will be posted.

 

  • Duration: Summer or temporary
  • Mode: Part-time or full-time
  • Requirements: Year 3 or above

 

To deepen students’ understanding of the industries in relation to their fields, the School has in place the Professional Development (SAAS-PD) to provide students with opportunities to participate in career-related activities and internships, and help them better seize career opportunities readily. Besides one-to-one career consultation, the SAAS-PD will organise other career-related activities to deepen students’ understanding of the industries. The following is a non-exhaustive list of services and activities provided under the SAAS-PD:

 

  • Tailored consultation on CV and cover letter writing
  • One-to-one or group consultation on interview skills
  • Mock interview
  • Tailored modules of Professional Preparation Programme (PPP)
  • Career talks
  • Company visits
  • Alumni sharing

Career Development

Icon of Risk Manager

Risk Manager

Risk control, risk transfer

Industries

Banking, finance, investment

Icon of Financial Data Analyst

Financial Data Analyst

Business intelligence, risk analysis

Industries

Securities, insurance companies

Icon of Quantitative Trader

Quantitative Trader

Quantitative analysis, derivatives, algorithm trading

Industries

Investment banks, hedge fund

Icon of Consultant Banker

Consultant Banker

Financial risk, investment

Industries

Banking, consulting firms

    Scholarship Opportunities

    Explore more university scholarships – click here.
    Discover additional school scholarships – click here.

    Discover More
    • Undergraduate
    • Subject to Approval

    Dr Patrick S C Poon Scholarship in Statistics

    Allowance Range

    HK$50,000

    Key Benefits

    • Merit-based Scholarships for Current Students
    Discover More
    • Undergraduate
    • Subject to Approval

    Ho Kam Chiu Lo Lai Ching Memorial Scholarship

    Allowance Range

    HK$20,000 each

    Key Benefits

    • Enrichment Scholarships for Current Students
      *for students who are in financial need
    Discover More
    • Undergraduate
    • Subject to Approval

    QRT-HKU Scholarship

    Allowance Range

    the Scholarship shall cover the annual composition fee

    Key Benefits

    • Entrance Scholarships for New Students
    Discover More
    • Undergraduate
    • Subject to Approval

    Saw Prize in Statistics

    Allowance Range

    HK$8,000

    Key Benefits

    • to a final year Bachelor of Science (or Bachelor of Statistics since 2025) student whose first major is Decision Analytics, Risk Management or Statistics, and who has obtained First Class Honours and the highest average marks in the papers taken for Statistics courses
    Discover More
    • Undergraduate
    • Subject to Approval

    Saw Swee Hock Statistics Scholarship

    Allowance Range

    HK$5,000 each

    Key Benefits

    • Merit-based Scholarships for Current Students
    Discover More
    • Undergraduate
    • Subject to Approval

    School of Computing and Data Science Entrance Scholarship

    Allowance Range

    HK$50,000 each

    Key Benefits

    • Entrance Scholarships for New Students
    • Local, Other places, Chinese Mainland
    Discover More
    • Undergraduate
    • Subject to Approval

    Statistics and Actuarial Science (SAAS) Scholarships

    Allowance Range

    HK$4000 to HK$20,000

    Key Benefits

    • Entrance Scholarships for New Students
    • Merit-based Scholarships for Current Students
    Discover More
    • Undergraduate
    • Subject to Approval

    Statistical Decision Sciences (6779) Entrance Scholarship

    Allowance Range

    HK$50,000 to HK$100,000 each

    Key Benefits

    • Entrance Scholarships for New Students
    • To local and non-local students freshly admitted to the Bachelor of Statistics programme on the basis of academic merit as shown in the results of the relevant public examinations.
    Discover More
    • Undergraduate
    • Subject to Approval

    YF Life Scholarship in Actuarial Science and Risk Management

    Allowance Range

    HK$15,000 each

    Key Benefits

    • Merit-based Scholarships for Current Students