Master of Finance (Specialisation) (37M)

Overview  2020

Entry Requirements

See entry requirements

Duration

mode.loadCategory not equal to Part Time
Minimum 2 Years, up to a maximum of 5 Years

Duration

Duration refers to the minimum and maximum amounts of time in which this course can be completed. It will be affected by whether you choose to study full or part time, noting that some programs are only available part time.

Location

Hobart
Semester 1, Semester 2

Full Fee Paying places available

Entry Requirements

See entry requirements

Duration

Minimum 2 Years
Entry requirements

Location

Hobart
Semester 1, Semester 2

“It is allowing me to broaden my world view and connect to different students and people around the world. I am acquiring the professional skills required to break into the corporate world and finance industry.”

Jerrica Uy – Master of Finance (Specialisation)
The Master of Finance Specialisation is a 24 month full-time or part-time equivalent course offered by the Tasmanian School of Business and Economics. The course is full fee-paying, which means that you will be charged at the full fee-paying rate listed for each unit.

The UTAS MFinS is grounded in a philosophy based on two major premises: to facilitate the acquisition of life-long financial knowledge and skills through sharing and building on the diverse experiences of all stakeholders within the course and to foster empowerment and personal responsibility by encouraging students to challenge the conventional paradigms in finance.

Our MFinS will engage students using teaching materials that link the lectures and workshops to local, national and global case studies. This approach will facilitate self-actualisation and the notion ‘doing and thinking are one’; it will also equip our students with the theories, concepts, and knowledge in finance that are necessary to deal with the rapid changes in finance worldwide by covering a variety of perspectives, including, but not restricted to, the theoretical, empirical, behavioural, ethical, economic, environmental and statistical/mathematical.

CLO1Explain the context and integrate advanced theoretical and technical finance knowledge including research and recent developments.
CLO2Present, justify and defend, orally and in writing, financial information and decisions in complex collaborative contexts involving specialist and non-specialist audiences.
CLO3Apply advanced theoretical and technical finance knowledge to critically analyse financial data to solve sophisticated financial problems in complex contexts. Prepare and execute a research-based project, capstone experience or piece of scholarship.
CLO4Exercise judgement, under minimal guidance, to apply financial solutions using ethical, social, regulatory, economic, sustainability and global perspectives
CLO5Reflect on and evaluate: * the nature and implications of assumptions and value judgements in analysis, * interactions with other disciplines, * historical and contemporary events affecting the finance profession, * responsibilities of their role in both the finance profession and in the broader society

Career outcomes

The MFinS will instill in students financial knowledge and skills that they can utilise throughout their future professional careers in the broader finance community both at the personal and institutional level including; financial planning, financial institutions, insurance, superannuation funds, not-for-profit organisations, government and local authorities as well as individuals.

Course structure

The Master of Finance (Specialisation) consists of 12 core units and 4 specialisation units (200 credit points).

Specialisations

  • Business Research
  • Data Management
  • Environmental Management

Please note: You may be required to complete BFA526 Financial Reporting if you have not completed the Graduate Certificate of Business Studies or can not demonstrate sufficient related study to BFA526 in your undergraduate degree. If this is the case your study plan will be adjusted to include BFA526 in the place of one of your degree electives.

Special note for students doing the Business Research specialisation

Entry into the Business Research specialisation is by invitation only. To be eligible you must have achieved a Distinction (DN) or higher average in the following core units: BEA602, BEA651, BEA652, BEA653, BEA705 and BEA706. The Course Coordinator will make contact with eligible students to discuss their intentions at the conclusion of their second semester of study.

The Business Research specialisation contains two options:

  • Option A: Minor Research Project – in this option you will complete a 25 credit point weighted project as well as undertaking BAA710 and BAA704.
  • Option B: Major Research Project – in this option you will complete a 50 credit point weighted project and will undertake BAA710 and BAA704 in place of the MFINS degree electives. This option is aimed at students intending to go on to a Higher Degree by Research.

You will complete the following 10 core units plus 2 elective units

This unit is divided into two components. The first component deals with finance – the sourcing and management of funds as well as the valuation of your venture. The second component deals with risk – the understanding of what risk…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Derivative securities are (as the name suggests) derived from other securities. Hence, their role in risk mitigation, is of central importance. The unit is structured into three main modules: Options, Futures and Swaps. Topics covered include currency and futures contracts,…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit is concerned with Corporate Finance, which involves financing and managing the resources of a business. In Corporate Finance, the central issues are how to acquire and employ or invest funds. You will explore concepts as a set of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Investment analysis requires skills in both analysing the attributes of individual assets, and in knowing how to combine them effectively into portfolios. In this unit you will consider the attributes of individual asset types: equity, fixed income and corporate debt…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

There are two main objectives in applied quantitative finance. The first is to understand how prices behave. Tomorrow's price is uncertain and must therefore be described by a probability distribution. This means that statistical and econometric methods are the natural…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This unit introduces you to statistical methods that are useful in the decision making process. It seeks to provide you with basic statistical knowledge for analysing data, and aims to develop your skills in using appropriate statistical methods to make…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

The unit aims to develop your understanding of economics. This is achieved by identifying significant economic issues and problems facing Australia, with an investigation of possible courses of action for businesses and other organisations. You will examine the role of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Financial market shocks often spread rapidly across different asset classes and between countries. In this unit you will examine the structural reasons for these interrelationships, including financial intermediation, risk management products and regulatory structure. Attention is paid to the challenge…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Most businesses operate in global financial markets, and very few facets of financial management are as important as managing exchange rate risk. This unit is designed to provide you with the skills necessary to understand and address some of the…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit covers a wide range of interesting legal topics and teaches you how to analyse, and solve legal problems, all essential skills for those wishing to work in both the fields of accounting and business management.The unit combines topics…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
LauncestonSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Choice of electives options based on your specialisation.

If you are not taking the Major Project option within the Business Research specialisation - i.e. you are taking the Minor Project option or you are doing a different specialisation - then you may choose from any of these electives:

 

This unit provides you with an overview of a wide range of issues related to international trade and international economics. We investigate why nations trade, what they trade and who gains from this trade. We then analyse the motives for…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Financing of environmental concerns, such as climate change, is an increasingly important aspect of the international policy agenda. This unit covers the different types of economic and financial instruments relevant to current and proposed markets in ecosystem services. It includes…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit introduces students to the core concepts in Australian taxation and identifies the framework (both legal and administrative) behind those concepts. The knowledge gained through this exploration enables the application of the framework to current issues faced by individuals…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Effective human resource management is an important means of creating value and developing, through the employees, a competitive advantage for organisations in the 21st century. This unit will introduce students to the general theories and practices of managing people in…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
LauncestonSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

 

If you are taking the Major Project option within the Business Research specialisation you must complete the following 2 units:

 

This unit supports students completing MBA Research or Workplace Projects to develop and implement a research program. Seminars and practical activities develop an understanding of the philosophical underpinnings of research, the purpose of research methodology and the evaluation of research…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartTerm 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit explores the management and analysis of qualitative and quantitative data. Seminars and practical sessions explore the principles and practices of organising and analysing data using software support. The qualitative component explores computer-supported analysis using NVivo. Topics include data…

Credit Points: 12.5

This unit is currently unavailable.

This unit aims to present a coherent view on the role of information and knowledge in organisations from a multidisciplinary perspective. Students gain an appreciation of the sources of information, unstructured and semi-structured knowledge and learn current techniques that permit…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides students with an understanding of the management issues surrounding information technology (IT), the knowledge of management functions and responsibilities necessary for IT managers, and the knowledge to apply IT management principles in the organisational environment. Students will…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Organizations around the world are increasingly using commercial packages instead of custom built software to support their core business processes. In this unit students explore enterprise architecture with a focus on business process integration and process standardization. Students examine major…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

The unit explores contemporary supply chain logistics for organisations from Informational, Communication and Technological (ICT) perspectives. Specifically, the unit develops conceptual knowledge across the supply chains logistics field, by examining ICTs concepts at the strategic, tactical and operational layers of…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

Choose any two of the following:

 

This unit develops an understanding of how instruments of power and organisation can be shaped through effective planning and management, to foster sustainable systems of production and consumption. We begin our journey by examining the concept and interpretations of sustainable…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

The conservation of nature needs to occur at the landscape scale as well as within protected areas. Landscapes can be wilderness areas, rural areas with highly varied land use or urban areas. Whatever their type, there are landscape processes, both…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides you with a practical understanding of key systems for protected area planning and management. Terrestrial, freshwater and marine protected areas are considered. The global context of protected areas is analysed, including issues of definition, scope and governance.…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

This on-line unit provides a foundation for advanced studies in planning and management for climate change. Development of professional competencies in this field is a core objective. The unit consists of modules that introduce students to basic climate adaptation knowledge…

Credit Points: 25

This unit is currently unavailable.

This is an option for students wishing to do undertake a Minor Research Project. A Distinction average or above in six core units (BEA602, BEA651, BEA652 AND BEA653, BEA705 and BEA706) is required for entry, and eligible students will be invited by the Course Coordinator to undertake this specialisation at the conclusion of their second semester of study. Students complete the following three units:

 

This unit supports students completing MBA Research or Workplace Projects to develop and implement a research program. Seminars and practical activities develop an understanding of the philosophical underpinnings of research, the purpose of research methodology and the evaluation of research…

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartTerm 1

Key: On-campus    Off-Campus    International students    Domestic students

This unit provides students with the opportunity to apply the knowledge gained in the MBA (Health Management) core units to a significant research project in a relevant setting. It provides students with the opportunity to: formulate a testable research question;…

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSpring school (extended)

Key: On-campus    Off-Campus    International students    Domestic students

This unit explores the management and analysis of qualitative and quantitative data. Seminars and practical sessions explore the principles and practices of organising and analysing data using software support. The qualitative component explores computer-supported analysis using NVivo. Topics include data…

Credit Points: 12.5

This unit is currently unavailable.

This is an option for students wishing to undertake a Major Research Project and wishing to go on to a Research Higher Degree. A Distinction average or above in six core units (BEA602, BEA651, BEA652 AND BEA653, BEA705 and BEA706) is required for entry, and eligible students will be invited by the Course Coordinator to undertake this specialisation at the conclusion of their second semester of study. Students complete the following unit (and must also have completed BAA704 and BAA710 as their elective units prior to commencing the Research Project unit).

 

Credit Points: 50

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

Key: On-campus    Off-Campus    International students    Domestic students

Entry requirements

For entry into the Master of Finance (Specialisation) students must meet the following criteria:

Either:

  1. Completed undergraduate degree of an Australian higher education institution or the equivalent standard in any other institution

    OR
  2. Completion of the Graduate Certificate of Business Studies at the University of Tasmania, or an equivalent qualifying Graduate Certificate#

#a qualifying Graduate Certificate is any Graduate Certificate from an Australian higher education institution, or the equivalent from any other institution.

International students must provide one of the following: UTASAccess Level 7 with a minimum overall score of 65% and no individual skill below 60%; or an IELTS score with an overall Band of 6.5 and no band less than 6; or a TOEFL (iBT) overall score of 88 (no individual skill must be lower than: Reading 16; Listening16; Speaking 18; and, Writing 22) or a PTE Academic overall score of 58 with no score lower than 50, or provide evidence that you have studied for 2 years full-time with English as the sole medium of instruction and examination. These tests must not be more than 24 months old.

Students who have completed a Master of Finance with the University of Tasmania may articulate in the Master of Finance (Specialisation) with full credit.

Students may undertake a pathway via the Graduate Certificate in Business Studies, but the units completed therein do not provide credit toward the MFinS.

Fees & scholarships

Domestic students

Domestic students enrolled in a full fee paying place are charged the Student Services and Amenities Fee but this fee is incorporated in the fees you pay for each unit you enrol in. Full fee paying domestic students do not have to make any additional SSAF payments.

Domestic students enrolled in a Commonwealth supported place will be charged a fee based on the number of units they enrol in. In 2020, this fee is $46.20 per unit (of 12.5 credit points). In 2020, the maximum charge for full time students is $308.

Domestic students enrolled in certain postgraduate coursework programs may not be eligible for student payments through Youth Allowance and Austudy. Visit the Department of Social Services website to find out more about eligibility for Centrelink support and the list of eligible courses

International students

2020 Total Course Fee (international students): $73,158 AUD*.

Course cost based on a rate of $35,950 AUD per standard, full-time year of study (100 credit points).

* Please note that this is an indicative fee only.

International students

International students are charged the Student Services and Amenities Fee but this fee is incorporated in the annual rate. International students do not have to make any additional SSAF payments.

Scholarships

For information on general scholarships available at the University of Tasmania, please visit the scholarships website.

How can we help?

Do you have any questions about choosing a course or applying? Get in touch.

Domestic
1300 363 864
International
+61 3 6226 6200
Email
Course.Info@utas.edu.au
Online
Online enquiries

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