1.Master of Finance (Academic)
Master of Finance (Code: 020204)
The major of finance was established in 1951, is one of the earliest finance majors established in China. Undergraduate enrollment began in 1958. In 1994, it obtained the right to confer a master's degree. In 1999, it was approved as a provincial key construction discipline. In 2005, it was awarded the Undergraduate Branded Major of Shanxi Province's Ordinary Colleges and Universities. In 2006, it obtained the right to confer a doctoral degree. In 2007, it was approved as a provincial key discipline and the national first batch of Characteristic Major Construction Point of Colleges and Universities. In 2019, it obtained the National Construction Point of First-class Majors and established 2 key research bases of humanities and social sciences of finance of Shanxi Province’s colleges and universities relying on Finance.
A batch of experts and scholars who enjoy a wide range of influence in the country have emerged in the finance discipline, forming a young and strong academic echelon with reasonable structure. There are currently 37 professional teachers in finance, including 8 professors, 16 associate professors, 13 lecturers, 3 doctoral supervisors and 18 master supervisors. There is 2 provincial famous teacher, 1 provincial young academic leader of colleges and universities, 2 provincial academic and technical leaders and 3 top-notch talents of the "Sanjin Talents" Support Program of Shanxi Province. In 2007, the team of financial supervisors was selected as the first outstanding supervisor team for postgraduate education in Shanxi Province.
Training objectives:
To Cultivate high-quality financial talents who love our country, abide by laws and regulations, have proper behaviors, and actively serve the cause of socialist market economy construction, who master the solid basic theory and systematic professional knowledge of finance, learn and master the basic methods of scientific research, and be able to independently engage in scientific research, teaching, administration, enterprise or social culture related to the direction of finance.
The major’s features:
During the education process, it emphasizes the combination of theory with practice, and research ability training and comprehensive quality training for graduate students. Master's degree students in finance can systematically master the basic theories and expertise of finance, independently study and deal with important theoretical and practical issues in finance, have the ability to engage in financial theory research, financial business management, and university teaching, have the organization and management ability of the company, master the basic methods of scientific research on the basis of a solid basic theory of finance and systematic professional knowledge.
Main research directions:
1.Financial Theory and Policy
2.Commercial Bank Operation and Management
3.Financial Investment and Risk Management
4.Shanxi Exchange Shop and Financial History
5.Insurance Theory and Practice
Main courses:
Intermediate Macroeconomics, Intermediate Microeconomics, Intermediate Econometrics, Empirical Financial Methods, Financial Theory and Policy Research, Commercial Bank Management Research, International Financial Research, Financial Economics, Financial Risk Management, Financial Investment Research, Shanxi Exchange Shop and Financial History Research Topics, Financial Engineering and Risk Management Research Topics, Insurance Theory and Practice Research Topics, etc.
Employment direction:
The master graduates are suitable for management, teaching and scientific research in the aspect of financial analysis, financial management, risk control, corporate financial management, and investing and financing business in various types of economic departments, such as banks, securities companies, trust and investment companies, insurance companies, guarantee companies, and listed companies, government agencies, scientific research institutes, and colleges and universities.
2.Master of Financial Engineering (Academic)
Master of Financial Engineering (Code: 0202Z1)
Financial Engineering is a second-level discipline under the first-level discipline of applied economics in Shanxi Province's key disciplines and advantageous characteristic disciplines. Financial engineering was selected as the third batch of undergraduate enrollment majors in the country in 2004. It became a Special Major Construction Point in Shanxi Province in 2011, established a Financial Engineering Experimental Class in 2012, became an Advantage Major in Shanxi Province in 2018, and became a First-class Undergraduate Major in Shanxi Province in 2019. The financial engineering discipline began to recruit master's students in the financial engineering research direction in 2003, and began to independently recruit master’s and doctoral students as a self-developed second-level discipline in 2014. In 2019, the financial engineering team was named a key discipline team of SXUFE. The Financial Engineering major was selected as a National First-Class Undergraduate Major Construction Point in 2020.
There are currently over 20 professional teachers in financial engineering, including 7 professors and 7 associate professors; 4 doctoral supervisors and 14 master supervisors. 78% of the teachers have doctoral degrees. Among the teachers, there are 2 academic and technical leaders in Shanxi Province, 2 outstanding academic leaders in universities and colleges in Shanxi Province, 3 talents of the “Sanjin Talents” Support Program in Shanxi Province, and 4 provincial famous teacher, 1 provincial model teacher.
In recent years, financial engineering teachers have presided over more than 10 national-level projects, more than 70 scientific research projects above the provincial and ministerial level, more than 10 teaching reform research projects, and published over 100 scientific research papers in national academic journals, and published over 10 high-quality academic monographs in national-level publishing houses, and won over 20 teaching and scientific research awards at or above the provincial and ministerial level.
The major’s features:
This major adheres to the strategic positioning of international vision and regional service, and carries out fruitful research on financial issues in financial asset pricing, behavioral finance, financial innovation, financial risk contagion and supervision, corporate investment and financing, and resource-based economic transformation from multiple perspectives. It persists in the combination of mastering the micro-financial theoretical system and applying financial engineering methods to solve practical economic problems.
Research direction:
1.Financial asset pricing
2.Financial risk management
3.Securities investment theory and practice
4.Corporate finance
Main courses:
Macroeconomics, Microeconomics, Econometrics, Financial Theory and Policy, Financial Economics, Corporate Finance, Investment, Financial Statement Analysis, Stochastic Process, Financial Derivative Product Pricing, Financial Time Series Analysis, Financial Engineering Methods and Technology, Financial Risk Management, Financial Technology, Energy Finance, etc.
Employment direction:
Graduates are suitable to engage in financial product design, financial asset pricing, portfolio investment, corporate finance, financial risk management, and teaching and scientific research in banking, securities, insurance and other financial institutions, government departments, and public institutions.
3.Master of Finance (Professional)
Master of Finance (Code: 025100)
Finance was established in 1951, undergraduates began to be enrolled in 1958, postgraduates began to be enrolled in 1995, and doctoral candidates were enrolled in 2005. In 2007, the finance was rated as one of the provincial key disciplines and the national first batch of Characteristic Major Construction Point of Colleges and Universities. In 2011, it began to recruit postgraduate students with a master's degree in finance. In 2019, it was approved as a National First-class Major Construction Point. The training of master's degree students in finance implements a combination of on-campus tutor training and off-campus tutor training. There are 29 full-time tutors in the school, including 15 professors and 14 associate professors. Over 70% of the teachers have doctoral degrees. Among the teachers, there are 2 outstanding young academic leaders in colleges and universities in Shanxi Province, 2 academic and technical leader in Shanxi Province, 3 talents of the "Sanjin Talents" Support Program in Shanxi Province, and 1 provincial model teacher. There are more than 60 off-campus supervisors working in various financial institutions nationwide, including commercial banks, securities companies, futures companies and asset management companies.
Training objectives:
The education for Finance master’s degree aims to cultivate high-level, applied financial professionals, with good political and ideological qualities and professional ethics, who can fully understand financial theory and practice, and systematically master investment and financing management skills, financial transaction technology and operation, financial product design and pricing, financial risk management and other knowledge and skills of related field , and have strong ability to solve practical financial problems.
The major’s features:
The education for Finance master’s degree has a strong theoretical foundation, strong scientific research ability, and a teaching team and supervisor team with rich practical experience. In the process of education, it absorbs the long-term accumulation of strong Shanxi financial cultural heritage, focuses on the combination of financial theory and practice and highlights the cultivation of practical ability and comprehensive quality.
Research direction:
1.Commercial bank operation and management
2.Financial engineering and risk management
3.Financial investment
Main courses:
The postgraduate courses of the master's degree in finance are practical application-oriented, taking occupation requirements as the goal, and the improvement of comprehensive literacy and application knowledge and ability as the core. Mainly offering main courses such as Intermediate Macro and Micro Economics, Financial Theory and Policy, Financial Institutions and Markets, Investment, and Financial Statement Analysis; and oriented courses such as Commercial Bank Management Cases, Financial Crisis Management Cases, Asset Pricing and Risk Management, Corporate Finance; and elective courses such as Finance Marketing, Wealth Management, Corporate Reorganization by Merger and Acquisition Cases, Private Equity Investment, Financial Law, Behavioral Finance, Financial History, Financial Derivatives, Foreign Exchange Theory and Practice, Financial Risk Management Theory and Methods, Financial Enterprise Strategic Management, Professional Ethics Education.
Employment direction:
Graduates are suitable to engage in the management such as financial analysis, financial management, risk control, corporate wealth management, investment and financing business, etc. at all levels and types of banks, securities companies, trust and investment companies, insurance companies, guarantee companies, listed companies and other economic departments, and government agencies.
4.Master of Insurance (Professional)
Master of Insurance (Code 025500)
Shanxi University of Finance and Economics undergraduate Insurance major, approved for establishment in 2002, is the only undergraduate Insurance major in the province. In 2018, it was approved by service industry innovation discipline clusters “1331” project construction plan in Shanxi Province. In 2020, Insurance was approved by the Shanxi provincial first-class major. In 2014, it was approved by the Insurance master’s degree authorization point. So far, the enrollment of six sessions has been completed. Relying on the doctoral degree authorization points of Finance and Financial Engineering and the key disciplines of Shanxi Province, the program strengthens the wild caliber training to financial advantageous disciplines; relying on the joint training bases of postgraduates, the School carries out the professional practice and internship, and improves the quality of training for career development.
Training objectives:
It aims to cultivate high-level, applied-oriented compound insurance professionals with good political qualities and professional ethics, a solid foundation in economics, risk management and insurance business, and the ability to engage in risk management, insurance products and design, insurance application management, and insurance supervision.
The major’s features:
A training model of deep integration of industry and academia. The insurance master’s program implements the training model of “double guidance for teaching practice, double tutors for degree thesis, full participation of the industry, and deep integration of industry and academia”. It hires a group of experts and senior managers from insurance practice departments as off-campus supervisors, and pays attention to absorbing professionals from the insurance practice field to undertake professional course teaching. Connect training goals and industry talent needs, to highlight industry pertinence, broaden the professional foundation, and strengthen professional quality. Connect the curriculum system and professional capabilities, to closely contact insurance institutions, establish in-depth joint education, and strengthen the training of professional application capabilities and job adaptability.
Abundant subject resources. The School of Finance, SXUFE, where this major is located, recruits postgraduates with PhD (Master) degrees in finance and financial engineering, and it has two professional degree programs, a master of finance and a master of insurance. Finance is a key discipline in Shanxi Province, with a post-doctoral research mobile station. Sound finance disciplines form a strong support for insurance, a discipline characterized by the intersection of multi-disciplinary knowledge, and have the advantages of cultivating senior insurance operators with the characteristics of “wide caliber, thick foundation, and strong ability”.
A strong demand for talents. The number and types of insurance organizations have been increasing in recent years. Because that there is a huge demand for insurance professionals and the international trend of financial mixing, commercial banks and securities companies have also absorbed insurance professionals on a large scale. All above make the employment prospects of the students of this major very optimistic. The School of Finance to which this major belongs has signed industry-university-research cooperation agreements with a number of insurance companies, commercial banks and other financial institutions, and established a number of practice bases, creating favorable conditions for the practical teaching of this major.
Research direction:
1.Life insurance and health insurance
2.Non-life insurance
Main courses:
Intermediate Macro and Micro Economics, Financial Theory and Policy, Risk Management and Insurance, Insurance Legal System and Supervision, Insurance Financial Analysis, Property Insurance Theory and Practice, Personal Insurance Theory and Practice, Insurance Underwriting Practice, Insurance Product Design and Marketing Practice, Reinsurance Theory and Practice, Enterprise Annuity and Employee Benefit Plan, Social Security Theory and Practice, Agricultural Insurance Topic, Insurance Actuarial Topic, Insurance Intermediary and Internet Insurance Topic, Life and Health Insurance Clause Research, etc.
Employment direction:
Insurance regulatory agencies at all levels, domestic and foreign insurance companies, disaster prevention and control agencies, social security organizations, insurance intermediaries, and domestic and foreign commercial banks, various enterprises, public institutions, and relevant government departments.
