Application Deadline Feb 28,2026
RMB 148000 per year
Corporate Finance (Business Finance): Studies the investment and financing decisions of enterprises, such as how enterprises raise funds by issuing stocks or bonds, how to select investment projects (such as building new factories) to maximize profits, and how to distribute dividends (such as distributing dividends to shareholders).
Investment Science: Focuses on the pricing of financial assets (stocks, bonds, funds, derivatives, etc.) and investment strategies, such as analyzing the intrinsic value of stocks (e.g., through price-to-earnings ratio, discounted cash flow model), designing asset portfolios to diversify risks, or using futures and options for hedging.
Financial Markets and Institutions: Explores the operation mechanisms of financial markets (such as stock markets, foreign exchange markets) and the functions of financial institutions, such as how commercial banks absorb deposits and issue loans, and how securities companies help enterprises go public and raise funds.
International Finance: Studies issues such as cross-border capital flows, exchange rate fluctuations, and balance of payments, such as analyzing the impact of RMB exchange rate fluctuations on import and export enterprises, or exploring the impact of international capital flows on the financial stability of emerging market countries.
Risk Management and Financial Engineering: Utilizes mathematical models and computer technology to manage financial risks, such as evaluating the potential losses of investment portfolios through the VaR (Value at Risk) model, or designing structured products (such as asset-backed securities ABS) to transfer credit risks.
Financial Technology (FinTech): Integrates technologies such as big data, artificial intelligence, and blockchain to innovate financial services, such as mobile payments (such as Alipay, WeChat Pay), intelligent investment advice (such as automatic wealth management based on algorithms), and digital currencies (such as central bank digital currency CBDC).
1. Comprehensive Requirements:
1.1 Non-Chinese citizens holding foreign passports.
1.2 Applicants should be under 35 years old (the age limit can be slightly relaxed for those with certain work experience and academic research capabilities). A bachelor's degree has been obtained (students who have not yet graduated at the time of application must provide a pre-graduation certificate; the bachelor's degree certificate must be obtained no later than before enrollment).
1.3 Physically and mentally healthy (free from infectious diseases and physical or mental disorders that affect normal study), with excellent academic performance and moral character, friendly towards China, and with no record of criminal activities.
2. Nationality Requirements:
2.2 If the applicant was born with foreign nationality and both of his parents were Chinese citizens at the time of birth, or if one of the parents is a Chinese citizen, then the parent(s) of the applicant (the Chinese citizen(s)) must have obtained foreign permanent residency rights before the applicant's birth.
Note: If the applicant is subsequently determined by the Chinese authorities to have Chinese nationality during the application, admission, or after enrollment, their application eligibility, admission eligibility, enrollment eligibility, or student status will be revoked.
3. Language proficiency requirements: Comply with the "Language Proficiency Requirements for International Graduate Programs of Zhejiang University" (link)
1. Front page of the personal ordinary passport. The passport is valid until March 1, 2026 and beyond. If the validity period does not meet the requirements, please renew it in advance.
2. Highest educational qualification certificate. For fresh graduates, submit the expected graduation certificate issued by their current school. Before enrollment, they must submit the original or notarized copy of the educational qualification certificate.
3. Complete transcripts of all courses taken during the undergraduate period. Graduates should submit their transcripts up to the current stage. Before enrollment, they must submit the complete transcripts.
4. Language proficiency certificate. Please provide the relevant document as per the "Language Proficiency Requirements for International Postgraduate Programs of Zhejiang University" (link).
5. Personal Statement. Approximately 1500 words. Written in either Chinese or English. The content should include one's educational and work experiences, reasons for application, and research plan.
6. Two recommendation letters. Written by a professor or an associate professor. The recommenders must sign the letters and provide their contact phone numbers and email addresses.
7. "Intention Form for International Students by Zhejiang University Supervisors (2025 Edition)" (If available, click on the file name to download it). Please note that this document should be provided by the applicant to the supervisor voluntarily. It must be in the 2025 version and no older versions will be accepted. Some majors are mandatory, please refer to the admission major list for details.
8. Published academic papers or academic achievements (if any).
9. GRE, NTS-GAT and other examination results (if any).
10. Those who were originally Chinese citizens but later acquired foreign nationality must provide (1) the certificate of renunciation of Chinese nationality; (2) the proof of cancellation of Chinese household registration; (3) the proof of obtaining foreign nationality. (4) The self-reporting form on nationality status and the confirmation and guarantee letter on nationality (click the file name to download).
11. For applicants born abroad and acquiring foreign nationality, if both or one of the parents is a Chinese citizen, the following documents are required: (1) Proof of the applicant's acquisition of foreign nationality at birth; (2) Proof of the parents' (Chinese citizen side) permanent residence in the foreign country before the applicant's birth; (3) Self-report form on nationality status and Confirmation and Guarantee Letter of Nationality (click on the file name to download).
12. "Application Commitment Letter for International Students (Master's Candidates) of Zhejiang University" (download). The PDF version of the commitment letter must be filled out clearly and completely by the applicant and signed by hand. Applications without the commitment letter will not be accepted.
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