Department of Economics, The Chinese University of Hong Kong - FAQ

FAQ

1. Can I take Economics as my major even if I haven’t studied Economics before?
Yes. In general, if you are interested in economic issues and have the ability to think in a rigorous and logical way, you will do well.

2. What are the major differences between the study of Economics and Business Administration?
Business administration is the study of how businesses function, and gives a broad introduction to the various areas of a business. These areas include marketing, finance, accounting, human resources and business development.

Economics is a social science that studies the production, consumption and distribution of goods and services, with an aim of logically and scientifically explaining how economies function and how their agents interact. Economics would include many of the subjects taught in Business Administration too!

3. Is Economics very mathematical?
The mathematics requirement is fairly universal among economics programmes all over the world.  Our emphasis is on balance. The comprehensive range of courses in our programme should enable students of different level to choose the combination of courses which best suit their interests, abilities and future career plans. We do emphasize that having good quantitative skills is essential for the best jobs in the financial market, as well as for further studies in economics or other related fields.

4. What is the career prospect of Economics students compared with other similar programmes?
Our students are regularly employed in investment banks, banks, consulting firms, accountancy, various government positions, trade and commerce sectors, law chambers, and education etc. In fact, the spectrum of jobs of our graduates is even wider. 

5. Do students receive sufficient training in class presentation and essay writing?
Yes. Many of our courses include project presentation and report writing. The balanced nature of our curriculum aims to train students for all kinds of career destinations.

6. What is STOT?
Student Oriented Teaching. As an essential part of the study programme, students are required to form a group, meet once every week for one term, and work on a research project under the supervision of a faculty member. The research findings have to be presented and discussed in class. 

7. Where did the best graduates go?
A: Our excellent graduates have a strong tradition in pursuing further studies in many prestigious universities. In recent years our best students have been very successful working in banks, security houses, consultancy companies, regulatory bodies and the government. You can find out more about the recent destinations of our students in this website.

8. Is Economics for everyone?
A: Economics courses as electives have always been very popular among students of all academic disciplines. Generally speaking, economics encourages and teaches the ability to think in abstract and logical terms. The power to abstract from reality and think a conceptual model through to arrive at its predictions is one of the most important skills. A student of economics should also be receptive to quantitative thinking. If you are interested in analyzing modern issues from both the theoretical and the quantitative angles, then economics is an ideal subject for you. 

9. Does the department provide career services?
A: Yes. The department has a dedicated Career Unit, and the Career Officer is very happy to discuss the array of career options for our students, as well as providing advice on CV writing, and job interview practice.

10. Will students be able to work with the teachers on their research projects?
A: Yes, many of our students are currently providing research assistance to our teachers on projects of various topics. This kind of training is especially valuable for those who wish to pursue further studies in economics.