Overview 2024
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The degree primes you for a long-term career in finance. You will gain a deep knowledge of global markets and the opportunities they create. Your insights will be informed by industry practitioners, exposure to live market information, and contemporary case studies. Practitioner engagement provides a rich experience through industry expert interviews and keynote presentations on current trends in FinTech, Sustainability and Behavioural Insights. Your industry knowledge will be enhanced through local, national and global case studies. Market trading data and real-time financial news will further build your familiarity with global business activity.
The Finance teaching team will facilitate your examination of expert input, current cases and market events through the application of theories, concepts, and market techniques. The teams teaching philosophy emphasises 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. The implementation of this philosophy through meaningful connection to real world conditions has and continues to be extremely successful.
Learning Outcomes
Practical experience
When you study a Master of Finance, you can choose to apply for our Applied Employment Skills Package.
The Applied Employment Skills Package is an ‘opt in’ program designed to develop your professional networks, confidence, and the skills necessary to succeed in the job market. The package includes regular workshops, discussion groups and presentations as well as sessions devoted to writing CV’s, applications for employment and developing interview skills. Additionally, you will choose from a range of activities to acquire sufficient ‘points’ to earn a Certificate of Completion and a badge which can be shared on social media and displayed on your CV.
Career outcomes
Professional Accreditation
The new Master of Finance course will gain industry recognition from globally recognized professional associations: the Chartered Financial Analyst (CFA) Institute, Professional Risk Managers' International Association (PRMIA) and CAIA Association. Affiliation with these organisations will enable students in the program to benefit from attaining qualifications with globally recognized professional status and access to apply for scholarship offerings from the associated professional body. UTAS will benefit from the use of their industry logos on marketing materials and listing on their university alliances websites (and therefore directing search interest to the UTAS sites).
Course structure
To graduate from the Master of Finance course, a student must satisfactorily complete 200 credit points of study comprising:
- 50 credit points of Transition units
- 50 credit points of Core units
- 50 credit points of Specialisation units
- 50 credit points of Research/project units, including an option for the student to select either a Research Project or an equivalent project undertaken as a Corporate Internship (Research Block)
Transition units
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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 1 | ||||
View all details for BEA674 Data and Business Decision Making
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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 2 | ||||
This unit introduces students to the major concepts and analytical tools used in the theory and practice of financial management within an Australian context. It is designed to provide students with an understanding of: the scope and nature of the…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 1 | ||||
View all details for BFA503 Principles of Financial Management
Accounting and Accountability for Decision Making is an introductory accounting unit concerned with the fundamentals of financial accounting. The unit includes an introduction to the basic principles of accrual accounting and the five elements of financial reports (i.e. assets, liabilities,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| Online | Term 1 | ||||
| ECA Melbourne | Semester 2 | ||||
View all details for BFA507 Accounting and Accountability for Decision Making
Core units
This unit equips students with an applied skill set and in-depth understanding of theoretical frameworks for implementing effective Corporate Finance The central issues in Corporate Finance are how to acquire and employ or invest funds efficiently. Concepts in Corporate Finance…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
The purpose of the unit is to build an applied understanding of the psychological biases which influence financial decision-making. The behavioural finance perspective of decision-making is contrast with more traditional finance perspectives. This enables a unique interpretation of market anomalies…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 2 | ||||
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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
| Online | Semester 2 | ||||
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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 2 | ||||
Specialisation
Behavioural Insights
The Behavioural Insights specialisation aims to provide graduate students with:
- Understanding of how behavioural concepts impact individual and group decision making,
- Knowledge-based skills to analyse social and/or economic challenges arising in different contexts, and develop behavioural solutions to these challenges based on the analysis.
Core units
This unit provides you with an introduction to behavioural economics. Behavioural economics is a discipline at the intersection of economics and psychology that draws on insights and methods from the social sciences to understand better how people actually make decisions.…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
For marketers, understanding how buyers and consumers behave is an integral part of correctly identifying their needs, and developing effective marketing strategies. Buyers often go through decision-making processes before making a purchase or making a decision to continue to buy…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 1 | ||||
Marketing decision-making is growing in importance in the business world. More than ever before, organisations are placing greater emphasis on the marketers' ability to evaluate, anticipate, and illustrate the contribution of marketing to organisational performance. Increasingly, senior managers are requiring…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 2 | ||||
View all details for BMA708 Marketing Insights into Big Data
Electives
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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
| ECA Melbourne | Semester 2 | ||||
In today’s data economy, businesses are blessed and cursed with an abundance of data. This proliferation of data is creating new professions and changing existing professions. One profession that is witnessing a rapid change due to the explosion of data…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
FinTech
The Fintech specialisation aims to provide graduate students with:
- Understanding of major technological trends in the banking and finance sector
- Solve sophisticated financial problems using cutting-edge financial technologies
Core units
Entrepreneurship is a way of looking at business that is focused on opportunities, creativity and innovation, these concepts will be explored in this unit. You will have the opportunity to explore a passion for doing the things that are important…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
| Online | Semester 2 | ||||
Financial technology (Fintech) refers to a relatively new branch of the growing and dynamic field of the banking and financial service sector. This unit covers innovations that banks and businesses can use to their advantage, including but not limited to…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
In today’s data economy, businesses are blessed and cursed with an abundance of data. This proliferation of data is creating new professions and changing existing professions. One profession that is witnessing a rapid change due to the explosion of data…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
The increasing use of the Internet and other digital media by both business and consumers is having a significant effect on business globally. For consumers, information and communication technologies (ICT) provide more information, convenience, and a wider range of, and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
View all details for BMA610 Digital and Social Media Marketing
Sustainable Finance
The Sustainable Finance specialisation aims to provide graduate students with:
- Understanding of how finance can positively contribute to human well-being, social equity, and the environment
- Develop knowledge-based skills to enhance the understanding and implementation of sustainable investments.
Core units
Global sustainability challenges – including climate change, natural resource depletion, and rising inequality – are affecting the commercial environment in a way that presents both risks and opportunities for the financial sector. This unit studies the evidence of how environmental,…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
Investors and lenders have an important role with respect to sustainable development. Through directing their financial resources to socially and environmentally responsible investment options, investors and lenders have the power to make significant contribution to sustainable development. This applies to…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
| Launceston | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
Electives
Organisations will often have a vision and a mission which will in turn link to goals and objectives and related strategic planning. To enable an organisation to achieve is mission, objectives, and goals requires a well-designed, organisational-relevant governance system. An…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
| Launceston | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
View all details for BFA760 Sustainability Related Governance and Assurance
The increasing use of the Internet and other digital media by both business and consumers is having a significant effect on business globally. For consumers, information and communication technologies (ICT) provide more information, convenience, and a wider range of, and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
View all details for BMA610 Digital and Social Media Marketing
This unit focuses on learning research methods to solve real problems. You will come to understand how to design research, define an argument in response to the problems, use scholarly databases, consider ethical issues in data collection, generate field data,…
Credit Points: 25
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | ||||
| Online | Semester 2 | ||||
Climate change is an unprecedented crisis that is impacting the places where we live and work. We are experiencing physical impacts such as shifting weather patterns, coastal inundation and increasing risk of natural disasters. These are reconfiguring economies, politics and…
Credit Points: 25
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
View all details for KGA705 Climate Change: Economics, Politics and Planning
Research / Project units
Compulsory 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
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Online | Semester 1 | ||||
Students will acquire the skills and techniques required to analyse and manage data, interpret results, and report data analysis methods and findings in a business environment. Qualitative and quantitative research approaches are examined to consider their respective contributions, discretely and…
Credit Points: 12.5
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Winter school | ||||
| Online | Winter school | ||||
Choice of Research Project or Corporate Internship
This unit provides you with the opportunity to apply the knowledge gained in core units to a significant research project in a relevant setting. It provides you with the opportunity to apply appropriate research techniques to a contemporary management issue.…
Credit Points: 25
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Online | Semester 1 | ||||
| Online | Semester 2 | ||||
This unit is available in a number of postgraduate degrees, HDR, or combined postgraduate degrees, offered by the Tasmanian School of Business and Economics (TSBE). You will undertake a work-based project with a public, private or not-for-profit business. Placements…
Credit Points: 25
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 1 | ||||
| Hobart | Semester 2 | ||||
| Launceston | Semester 1 | ||||
| Launceston | Semester 2 | ||||
| Cradle Coast | Semester 2 | ||||
Entry requirements
For Domestic students
For entry into the Master of Finance, students must meet the following criteria:
- Completion of an AQF level 7 Bachelor degree (or higher) or the equivalent overseas qualification; or
- Completion of the Graduate Certificate of Finance or the Graduate Diploma of Finance at the University of Tasmania.
For International students
In addition to the requirements for Domestic applicants, International applicants must provide one of the following:
- Successful completion of English for Academic Purposes 2 at the University of Tasmania with a minimum overall score of 65% (no individual score less than 60%);
- An IELTS score of 6.5 (no individual band less than 6.0);
- A TOEFL (iBT) overall score of 88 (no individual skill below: Reading 16; Listening 16; Speaking 18; Writing 22);
- A PTE Academic 58 with no score lower than 50
These tests must not be more than 24 months old.
UTAS also accepts approved Prior Studies in English (https://www.utas.edu.au/international/applying/entry-requirements/english-language-requirements)
Articulation
Students who graduate with any of the approved exit and/or articulating awards of the Master of Finance such as the 35K Graduate Certificate in Finance or the 36K Graduate Diploma in Finance may return to or continue to the higher level award with full credit for units completed provided that the credit is consistent with the requirements of higher level award in terms of the course structure and the units were not completed more than 10 years prior to the expected date of graduation in the higher level award.
Fees & scholarships
Domestic students
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 AustudyThe 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 informationDetailed 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
International students
2024 Total Course Fee (international students): $ 81,298 AUD *.
Course cost based on a rate of $39,950 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
- 13 8827 (13 UTAS)
- International
- +61 3 6226 6200
- Course.Info@utas.edu.au
- Online
- Online enquiries