Postgraduate Diploma in Finance

Course 256-AA (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Year and Campus:	2009
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
Level:	Graduate/Postgraduate

Contact

Melbourne Graduate School of Management

http://ecom-unimelb.custhelp.com

Course Overview:	Graduates of the Postgraduate Diploma in Finance should have the capacity to work in professional practice by applying the specialist financial knowledge that this course aims to provide. The course is designed for students with a pre-existing Bachelor of Commerce (or equivalent) to undertake a broader and more comprehensive training in finance than is feasible within an undergraduate degree.
Objectives:	Learning Goal 1 Graduates of this degree will be knowledgeable of financial management principles and their application to corporate financial policy. Learning objectives to achieve this goal: On successful completion of this degree students will be able to: • Demonstrate a comprehensive understanding of the fundamental principles of finance • Explain the primary financial theories relating to the way in which financial managers make common finance decisions • Describe the main results of the applied research in the field of financial management. Learning Goal 2 Graduates of this degree will be highly proficient and comprehensive in their understanding of Australian financial markets. Learning objectives to achieve this goal: On successful completion of this degree students will be able to:. • Describe the key institutional features of Australian capital markets • Describe the key regulatory authorities that influence financial decision making both in Australia. Learning Goal 3 Graduates of this degree will have an applied knowledge of various specialised aspects of the finance industry. Learning objectives to achieve this goal: On successful completion of this degree students will be able to: • Describe the key market features relating to a range of specific finance functions within Australian capital markets • Explain the main regulatory influences that impact upon these specialised functions.
Course Structure & Available Subjects:	The Diploma consists of eight semester length subjects comprising five core finance subjects and three elective subjects.
Subject Options:	Five core subjects: Select ONE of the following two subjects: Subject Study Period Commencement: Credit Points: 316-806 Quantitative Analysis of Finance I Semester 1 12.500 316-449 Financial Econometrics Semester 2 12.500 Select ONE of the following two subjects: Subject Study Period Commencement: Credit Points: 306-660 Accounting for Decision Making Summer, Semester 1, Semester 2 12.500 306-610 Financial Statement Analysis Semester 1 12.500 Select ONE of the following two subjects: Subject Study Period Commencement: Credit Points: 333-810 Financial Spreadsheeting Semester 2 12.500 333-403 Numerical Techniques in Finance Semester 2 12.500 Select BOTH of the following subjects: Subject Study Period Commencement: Credit Points: 333-816 Financial Markets and Instruments Semester 1 12.500 316-807 Economics of Finance Semester 2 12.500 Three elective subjects chosen from: Subject Study Period Commencement: Credit Points: 333-811 Treasury Management Semester 2 12.500 333-815 Fundamentals of Portfolio Management Semester 2 12.500 333-635 Public Sector Financial Management Semester 2 12.500 333-819 Project Finance Semester 1 12.500 333-820 Property Investment, Development Finance Semester 1 12.500 Other fourth year (level four), Masters (level six) or Postgraduate Diploma (level eight) subjects as approved by the Academic Director of the program.
Entry Requirements:	The minimum entry requirement is an undergraduate degree of good academic standard with some studies in finance (or its equivalent).
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:	On successful completion of this degree graduates will be: • Knowledgeable in a range of financial fields including, corporate finance and investment management • Skilled in utilising financial modelling to solve complex financial decisions • Critical thinkers in the field of modern finance theory who are aware of the way in which theory contributes to sound financial decision making in practice • Financial problem solvers who have the skills necessary to resolve valuation issues in the presence of limited information sets • Proficient at communicating financial ideas in a clear and concise manner • Effective team members through participation in collaborative exercises • Adept at retrieval of relevant financial information from a variety of sources.
Generic Skills:	On successful completion of this degree students should have enhanced their skills in: • Applying financial theory and methods to knowledgably discuss the importance of a wide range of financial issues • Financial problem solving through the application of the necessary analytical skills and techniques • Communicating financial ideas in a clear and concise manner.
Notes:	If 333-301 Investments and 333-302 Corporate Finance or equivalent subjects have not previously been taken, these must be included in the course of study (and taken in the first semester). No more than 25 points (usually two subjects of 12.5 points each) can be chosen from subjects at third year (level three) and are subject to the approval of the Academic Director of the program. A maximum of two Master of Commerce (Finance) subjects (level six) can be included as part of the Postgraduate Diploma in Finance. Students wishing to progress to the Master of Finance must apply for progression in writing (addressed to the Melbourne Graduate School of Management) towards the end of their last semester of enrolment in the Postgraduate Diploma in Finance. Students must pass all eight subjects to qualify for the Postgraduate Diploma in Finance.

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