Master of Applied Finance

Course 837-AA (2008)

Note: This is an archived Handbook entry from 2008. Search for this in the current handbook

Year and Campus: 2008
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate

Contact

Graduate School Office, Faculty of Economics and Commerce
Course Overview: Graduates of the Master of Applied Finance should have the capacity to work in professional practice by applying the specialist financial knowledge that this course aims to provide.
Objectives: On successful completion of this course, students should be able to:
  • Describe and analyse financial management principles and the changing knowledge base in finance;
  • Identify, interpret and critically assess financial decision-making;
  • Analyse financial data within a constantly evolving financial environment;
  • Apply the techniques necessary to analyse and interpret developments in finance practice;
  • Analyse the international context and sensitivities of financial management and financial markets;
  • Solve problems in corporate finance and financial markets, including those involving derivative assets and the operation of the markets in these assets;
  • Identify and value the ways in which advanced knowledge equips the graduate to offer leadership in financial management and financial markets;
  • Identify the significance and value of their knowledge to financial markets and the wider community; and
  • Manage financial information effectively, including the application and knowledge of computer systems and software where appropriate to the study of finance, and a receptiveness to the opportunities offered by new technologies.

On successful completion of this course, students should be able to demonstrate the following attributes and skills:

  • Analysis, evaluation and synthesis of scholarly and professional literature;
  • Problem solving;
  • Oral and written communication;
  • Time management, particularly in relation to competing time demands and self-directed project work;
  • Team work, which should be developed through participation in group-directed project work; and
  • Using computer software.
Course Structure & Available Subjects: The Master of Applied Finance course consists of five 12.5 point core subjects, three 6.25 point core subjects and three 6.25 point elective subjects.
Subject Options: Core subjects:
Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
6.25
Semester 1, Semester 2
6.25
Semester 1, Semester 2
6.25
Select ONE of the following two core subjects:
Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50


Select three of the following elective subjects:
Subject
Study Period Commencement:
Credit Points:
Semester 1
6.25
Semester 2
6.25
Semester 2, Summer
6.25
Semester 2
6.25
Semester 1, Semester 2
6.25
Semester 1, Semester 2
6.25
Entry Requirements: The minimum entry requirement is an undergraduate degree in a relevant discipline, or equivalent, including one or more subjects in introductory statistics and/or mathematics. In addition, a minimum of two years relevant documented work experience in the areas of financial management and/or financial decision making is required.
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Graduate Attributes: None
Notes: Students will be required to purchase the textbooks and workbooks for all subjects from the University Bookroom.

Master of Financial Management 2nd Year students will be permitted to enrol in Master of Applied Finance elective subjects that are accredited as part of their course structure (please refer to the Master of Applied Finance subjects listed under the Master of Financial Management course structure in this Handbook).

Students enrolled in the Master of International Business, Master of Applied Commerce (including all specialisations), Master of e-Commerce, Master of Business and Information Technology and Master of Accounting who are interested in enrolling in Master of Applied Finance subjects must:

  • Meet all prerequisites for entry to the Master of Applied Finance degree prior to taking up the subject.
  • Meet all prerequisites for the particular subject.
  • Have the permission in writing of the Academic Director of the Master of Applied Finance as well as the permission of the Academic Director of their own course. Written requests must be sent directly to the Manager, Professional Programs Office.
Permission to enrol in any Master of Applied Finance subjects is dependent on places being available. Priority is given to students enrolled in the Master of Applied Finance and Master of Financial Management (2nd Year) students.

Students enrolling in Master of Applied Finance 6.25 point subjects, and who are not enrolled in this course, must take two 6.25 point subjects or be aware of the need to do more than the standard course load in their course in order to complete their program. The student (and not the Faculty) incurs any costs associated with undertaking more than the standard course load.

Students who include a Winter semester subject as one of their final subjects in the Master of Applied Finance course may not be eligible to graduate from the program until after results are released in December of the same year.

Assessment
Students must pass all eleven subjects to qualify for the Master of Applied Finance.

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