Master of Finance (37K)

This course is in teach-out and is not accepting new admissions

Overview  2022

Entry Requirements

See entry requirements

Duration

Minimum 1.5 Years, up to a maximum of 4 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
Distance Hobart
Semester 1, Semester 2

This course may not be available to international students. Please see the list of distance courses (i.e. online and taken outside Australia) that are offered to international students

“I am finding it challenging yet rewarding. The program is quite intensive, but I know I am getting closer to my goal”

Shanel Sun
Master of Finance (Data Management)

The information on this page is for current students. If you are applying for our next intake, please view our Finance study options here.

The Master of Finance is an 18 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 Master of Finance is designed 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. It fosters empowerment and personal responsibility by encouraging students to challenge the conventional paradigms in finance.

Our Master of Finance will engage students using by linking contemporary teaching and learning activities to real-world issues in local, national and global case studies. This approach will facilitate self-actualisation, critical reflection, and experiential learning. It will also equip our students with the theories, concepts, and knowledge in finance that are necessary to deal with the rapid changes in the finance industry worldwide by covering a variety of highly relevant perspectives, including the theoretical, empirical, behavioural, ethical, economic, environmental and statistical/mathematical.

Key contacts

Current student enrolment questions and advice UConnect
Course Coordinator Associate Professor Joaquin Vespignani
  • 1 Explain the context and integrate advanced theoretical and technical finance knowledge including research and recent developments.
  • 2 Present, justify and defend, orally and/or in writing, financial information and decisions in complex collaborative contexts involving specialist and non-specialist audiences.
  • 3 Apply 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.
  • 4 Exercise judgement, under minimal guidance, to apply financial solutions using ethical, social, regulatory, economic, sustainability and global perspectives.
  • 5 Reflect 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 Master of Finance 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 consists of 12 units (150 credit points).

    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.

    Derivatives or derivative securities are (as the name suggests) derived from other securities. Derivatives are used for a number of purposes, including insuring against price movements (hedging), increasing one’s exposure to price movements (speculation) or getting access to an otherwise…

    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. In Corporate Finance the central issues are how to acquire and employ or invest funds efficiently. The central issues in Corporate Finance are how to acquire and employ or invest funds efficiently. Concepts…

    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. First, is to understand how asset prices behave. Future asset prices are uncertain and, therefore, must be described by a probability distribution. This means that statistical and econometric methods can be…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2

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

    Managers need an understanding of statistics for five key reasons: To properly collect, present, describe and interpret information. To draw valid conclusions from incomplete data - typically about large populations based only on information obtained from samples. To obtain reliable…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2

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

    This unit provides managers with an introduction to a comprehensive range of key microeconomic and macroeconomic topics. The emphasis is on the practical application of basic economic concepts and models to real world business oriented problems. The unit will develop…

    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. This unit examines the structural reasons for these interrelationships, including financial intermediation, risk management products and regulatory structure. Attention is paid to the challenge of accurate measurement…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2

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

    Most businesses operate in a global financial market, and very few facets of financial management are as important as managing exchange rate risk. This unit will provide you with the skills necessary to understand and address some of the multi-faceted…

    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 students 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…

    Credit Points: 12.5

    This unit is currently unavailable.

    In this unit, you will be introduced to the basic principles of investing. A discussion will be made of the main characteristics of investments with an emphasis on risk and return and the trade-off between the two. The unit focuses…

    Credit Points: 12.5

    This unit is currently unavailable.

    In this unit you will develop and apply the skills necessary to succeed in obtaining employment and a career in accounting and finance. As a graduate, it is essential to be able to demonstrate capability in applying technical skills in…

    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

    This unit studies the role of markets and financial incentives in addressing environmental and natural resource issues. It introduces the concept of ecosystem services, the role of markets in the provision of ecosystem services, different sources of market failure, and…

    Credit Points: 12.5

    This unit is currently unavailable.

    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

    This unit is currently unavailable.

    The aim of this unit is to explore HRM and employee relations concepts, themes, policy and practice within an international context. To assist your study of IHRM, this unit is divided into six sections. Modules 1 and 2 introduce the…

    Credit Points: 12.5

    This unit is currently unavailable.

    Entry requirements

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

    Either:

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

    OR

    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:

    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; Listening 16; 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 successfully complete 35K (Graduate Certificate in Finance) or 36K (Graduate Diploma in Finance) may articulate with full credit into 37K (Master of Finance).

    Fees & scholarships

    Domestic students

    Options for this course

    This is a full-fee course, which means you’ll need to pay the entire amount for your studies. Commonwealth supported places are not available in this postgraduate course. However, there are still support options available for eligible students to help you manage the cost of studying this course.

    You may be able to fund all or part of your tuition fees by accessing a FEE-HELP loan from the Australian Government. FEE-HELP is a loan scheme that assists domestic full-fee students to pay for University, which is repaid through the Australian Tax System once you earn above a repayment threshold. This means you’ll only have to start repaying the loan once you start earning above a specific amount.

    Our scholarships and prizes program also offers more than 400 scholarships across all areas of study. You can even apply for multiple scholarships in one easy application.

    An important note on Youth Allowance and Austudy

    The Department of Social Services has approved some accredited and professionally oriented Masters courses for student payments through Youth Allowance or Austudy. This means if you enrol in one of these courses, you may be eligible for student payments. However, please be aware that this is not the case for all Master courses. Please visit our Scholarships, Fees and Costs website for further information.

    Further information

    Detailed fee information for domestic students is available at Scholarships, fees and costs, including additional information in relation to the compulsory Student Services and Amenities Fee (SSAF).

    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

    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
    13 8827 (13 UTAS)
    International
    +61 3 6226 6200
    Email
    Course.Info@utas.edu.au
    Online
    Online enquiries

    Next steps