courses

B6003

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Students who commenced study in 2016 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

Postgraduate - Course

Commencement year

This course entry applies to students commencing this course in 2016 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics.

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Course code

B6003

Credit points

72

Abbreviated title

MAppFin

CRICOS code

084613J

Managing faculty

Business and Economics

Admission and fees

Find a CourseFind a Course (http://www.study.monash/courses/find-a-course/2016/B6003)

Course type

Specialist
Single degree
Master's by coursework

Standard duration

1.5 years FT, 3 years PT

Students have a maximum of five years to complete this course.

Mode and location

On-campus (Caulfield)

Award/s

Master of Applied Finance

Description

This course offers advanced expertise in quantitative and qualitative finance across areas such as global financial markets, financial planning, money markets and funds management. Designed for recent finance graduates and professionals in the early stage of their finance careers and the course covers industry relevant and specific areas of finance.

Outcomes

These course outcomes are aligned with the Australian Qualifications Framework level 9, the Bologna Cycle 1 and Monash Graduate AttributesAustralian Qualifications Framework level 9, the Bologna Cycle 1 and Monash Graduate Attributes (http://www.monash.edu.au/pubs/handbooks/alignmentofoutcomes.html).

Upon successful completion of this course it is expected that you will be able to:

  1. be critical and creative scholars who:
    • produce innovative solutions to problems
    • apply research skills to business challenges
    • communicate effectively and perceptively
  2. be responsible and effective global citizens who:
    • engage in an internationalised world
    • exhibit cross cultural competence
    • demonstrate ethical values
  3. have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve.
  4. demonstrate judgement, creativity and application of advanced quantitative finance theories and methods in an ethical manner in financial markets, related intermediaries and finance divisions of large corporations.

Structure

The course is structured in two parts. Part A. Mastery knowledge and Part B. Application studies. All students complete Part A. Depending upon prior qualifications, you may receive credit for part A or part B or a combination of the two.

Part A. Mastery knowledge

These units will develop your understanding of the finance discipline and will enable you to provide discipline-based solutions within a business, professional or public context.

Part B. Application studies

The focus of these studies is professional or scholarly work that can contribute to a portfolio of professional development. You will develop a sound knowledge base and acquire a thorough understanding across specific areas of finance.

Requirements

The course comprises 72 points structured in two parts: Part A. Mastery knowledge (48 points) and Part B. Application studies (24 points).

  • Students admitted at Entry level 1 complete 72 points, comprising Part A and Part B.
  • Students admitted at Entry level 2 complete 48 points, comprising Part A.

Note: Students eligible for credit for prior studies may elect not to receive the credit and complete one of the higher credit-point options.

The course progression mapcourse progression map (http://www.monash.edu.au/pubs/2016handbooks/maps/map-b6003.pdf) will assist you to plan to meet the course requirements, and guidance on unit enrolment for each semester of study.

Units are 6 credit points unless otherwise stated.

Part A. Mastery knowledge (48 points)

Students complete:

  • ACF5130 Financial statement analysis and business valuation
  • BFF5040 Advanced security analysis
  • BFF5230 Global financial markets
  • BFF5250 Corporate treasury management
  • BFF5270 Funds management
  • BFF5300 Case studies in finance*
  • BFF5915 Options, futures and risk management
  • ETF5930 Financial econometrics

* This capstone unit incorporates the application of research principles including research methods applicable to the finance professional's field of work

Part B. Application studies (24 points)

Students complete either a) or b) below:

a. Four units (24 points) of elective units at either Level 4 or 5 from the Faculty of Business and Economics or across the University so long as you have the pre-requisites and there are no restrictions on admission to the units

b. The research pathway (24 points)

One unit (6 points) from the list below:

Progression to further studies

Students can choose to complete a program of study (24 points) that may provide a pathway to a higher degree by research.

Alternative exit(s)

Students may exit this course early and apply to graduate with one of the following awards, provided they have satisfied the requirements for that award during their enrolment in the master's course:

  • Graduate Certificate in Business after successful completion of 24 credit points of study with a minimum of 18 credit points at level 4 or above.
  • Graduate Diploma in Business after successful completion of 48 credit points of study with a minimum of 36 credit points at level 4 or above.