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Requirements for master’s programs of the Department of Money and Banking
(Applies to all master’s students)
Amended by the Department Administration Meeting on 26 October 1999
Amended by the Department Administration Meeting on 17 January 2001
Amended by the Department Administration Meeting on 6 December 2001
Amended by the Department Administration Meeting on 3 April 2003
Amended by the Department Administration Meeting on 21 September 2010
- The expected length of full-time master’s programs is one to four years.
- Graduation credit requirements: The minimum graduation credits are 45 course credits, and students must pass an English proficiency test before graduation. (Minimum requirements for English proficiency tests: GEPT High-Intermediate, TOEFL 550, TOEFL iBT 79-80, TOEIC 750, of other equivalent tests approved by the department)
III. Program requirements
1. Students must not take more than 15 course credits each semester on principle, except for students with distinguished academic performance and the approval of the academic evaluation team that an application may be considered.
2. Students may take courses not offered by this department from other departments, provided that the course credits of such courses must not exceed one third of the course credits in a semester.
IV. Required courses or master’s programs
1. Required courses for the Financial Management Program: Economic Analysis, Financial Management, Financial Management/Risk Management of Financial Institutions, Investment Decision-Making and Management, Options—Evaluation and Application, Financial Econometrics, Financial Engineering and Financial Innovation I, and Seminar on Finance, totaling eight courses.
2. Required courses for the Financial Engineering Program: Quantitative Methods in Finance I, Financial Management/Risk Management of Financial Institutions, Investment Decision-Making and Management, Options—Evaluation and Application, Financial Econometrics, Financial Engineering and Financial Innovation I, and Seminar on Finance, totaling eight courses.
V. MA Program Academic Team
Department faculties will elect 3-5 members to form the MA Program Academic Team to plan the academic and course affairs of the master’s program.
VI. Thesis advisor (supervisor)
1. A master’s student must select an advisor (supervisor) within the first academic year of study and report the title of their thesis online. A student must select at least one advisor (supervisor) who must be a full-time faculty of this department. Selection of advisors (supervisors) of faculties of other departments must be approved by the department chairperson. When it is necessary to replace an advisor (supervisor) for some reasons, students must obtain consent from both the previous and the new advisors (supervisors). An advisor (supervisor) expressing no intention to continue his/her advisor (supervisor) role after resignation or retirement must make a written statement to express his/her intentions for the department to help students find another advisor (supervisor).
2. Students should invite a department faculty specializing in the area(s) relating to his/her research topic to be their advisor (supervisor). With the approval of the MA Program Academic Team, students may invite faculties of other departments or institutes to be their advisor (supervisor). Each advisor (supervisor) must not supervise more than five students at the same time. Students may select two faculty members as their advisors (supervisors), where necessary.
VII. Oral examinations (viva voce)
1. After completing their thesis which is accepted by the advisor (supervisor), students may apply for his/her oral examinations (viva voce).
2. Referring to Article 4 of the NCCU Master's Degree Examination Guidelines: “A Master’s Degree Examination Committee shall be formed by three to five members, including at least one third of members who are non-NCCU faculty members.”
3. An advisor (supervisor) shall recommend members of the oral examinations committee and submit the list to the department chairperson for approval.
4. Referring to Article 11 of the Degree Conferral Law, in addition to specializing in the area(s) relating to the thesis, creation, performance or technical reports of a master’s candidate, members of the master’s degree examination committee shall fulfill the following qualification requirements:
(1) A professor or an associate professor.
(2) An academician or a research fellow or associate research fellow of the Academia Sinica.
(3) Holding a doctorate degree or with eminent academic achievements.
(4) With eminent academic achievements in a rare or special area.
(5) The department will arrange the oral examination (viva voce) at a fixed period for public admission and will announce the time and place of the examinations.
(6) Members of the master’s degree examination committee shall attend the oral examinations (viva voce) in person, and no representative is allowed. An oral examination (viva voce) will only be held in the presence of three to five committee members.
(7) A candidate may receive a conditional pass for the oral examinations (viva voce). In this case, this candidate must make corrections to the section(s) of his/her thesis designated by the oral examination committee members. Not until his/her advisor (supervisor) approves the corrections that a candidate passes the oral examination (viva voce).
VIII. The course selection of students, qualifications of advisors (supervisors), oral examinations (viva voce) committee members, oral examinations (viva voce) procedures, and the schedule of all formalities are subject to the regulations of the Ministry of Education and NCCU.