Master of Finance (Specialisation) (37M)

The information on this page is for current students. If you are applying for our next intake, please view our active course offerings here.

Overview  2020

Entry Requirements

See entry requirements

Duration

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

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

“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

Credit Points: 12.5

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

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

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:

 

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
HobartSemester 2
LauncestonSemester 2

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

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:

 

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartTerm 1

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartWinter school

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1
LauncestonSemester 1

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonSemester 2

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

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2
LauncestonSemester 2

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

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:

 

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 1

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

Credit Points: 25

LocationStudy periodAttendance optionsAvailable to
HobartSemester 2

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

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:

 

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartTerm 1

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

Credit Points: 25

This unit is currently unavailable.

Credit Points: 12.5

LocationStudy periodAttendance optionsAvailable to
HobartWinter school

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

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.

Detailed tuition fee information for domestic students is available at the Domestic Student Fees website, including additional information in relation to a 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

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
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