Master of Finance (37N)

Overview  2023

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
Online
Semester 1

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.

Entry requirements

Location

Hobart
Semester 1
Online
Semester 1
Finance is at the center of one of the most exciting developments shaping our world. The Master of Finance degree enables you to be a decision maker for the future. The skills you develop will open up valuable and satisfying career opportunities across an incredible range of vocations - corporate chief executives and major institutional investors through to fintech unicorns and private capital entrepreneurs. Whether you are looking for the qualification to start out in the industry, or you are planning to upskill and accelerate your career, the skills and knowledge you attain in this degree will enable you to achieve.

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.

Key contacts

Current student enrolment questions and advice UConnect
Course CoordinatorAssociate Professor Joaquin Vespignani
  • 1 Explain the context and integrate advanced theoretical and technical finance knowledge to analyse and solve complex financial issues in private corporations and public organisations.
  • 2 Defend advanced financial information and decisions in complex collaborative contexts involving specialist and non-specialist audiences.
  • 3 Design, conduct and communicate ethical research into a contemporary issue or problem critical to the finance profession.
  • 4 Exercise judgement to design and apply financial solutions using ethical, social, regulatory, economic, sustainability and global perspectives.
  • 5 Critically reflect on the responsibilities of the finance profession considering the implications for communities, environment, and wellbeing.
  • Career outcomes

    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)
    For students who do not have prior study or experience in a cognate discipline.

    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
    OnlineSemester 1
    OnlineSemester 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
    OnlineSemester 1
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    LauncestonSemester 1
    OnlineSemester 1

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

    The Accounting Framework 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, owners equity, revenue…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    LauncestonSemester 1
    OnlineSemester 1
    OnlineSemester 2

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

    Students complete all of the following units.

    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
    OnlineSemester 1

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    OnlineSemester 1
    OnlineSemester 2

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

    Derivatives or derivative securities are (as the name suggests) are 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…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    OnlineSemester 2

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

    Students choose one (1) of the following Specialisations.

    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.

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    OnlineSemester 1
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    OnlineSemester 1
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    OnlineSemester 1
    OnlineSemester 2

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

    Select one (1) 12.5 credit point unit

    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
    OnlineSemester 1
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    LauncestonSemester 2
    OnlineSemester 2

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

    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

    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

    This unit is currently unavailable.

    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

    This unit is currently unavailable.

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    LauncestonSemester 2
    OnlineSemester 2

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

    Services dominate the global economy. Australia is a service economy, with the fastest growth rates in job formation, are in service industries. Even in emerging economies services contribute to half of the GDP growth. As a service consumer, you use…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    OnlineSemester 1

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

    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.

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    OnlineSemester 1

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    LauncestonSemester 1
    LauncestonSemester 2
    OnlineSemester 1
    OnlineSemester 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.

    Select both of the 12.5cp Marketing (BMA) units, or one of the 25cp Geography (KGA) units.

    The increasing use of the Internet and other digital media by both business andconsumers 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 access to, product…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    OnlineSemester 1

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

    Firms are paying more attention to the development of new products and services to enhance their market position. Commercialising innovative products and services on a timely basis is a key to not only profit but in some industries, survival. However,…

    Credit Points: 12.5

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 2
    OnlineSemester 2

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

    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

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    OnlineSemester 1

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

    Students must complete all the following 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
    HobartSemester 1
    OnlineSemester 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

    LocationStudy periodAttendance optionsAvailable to
    HobartWinter school
    OnlineWinter school

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

    Students must complete either a 25 credit point Research Project or 25 credit point 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

    LocationStudy periodAttendance optionsAvailable to
    OnlineSemester 1
    OnlineSemester 2

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

    This Unit integrates work and learning for final year Masters degree students. It carries 25 Credit Points (equivalent to two units), and is an elective unit or specialisation unit in Masters degree offered by the TSBE. You will undertake a…

    Credit Points: 25

    LocationStudy periodAttendance optionsAvailable to
    HobartSemester 1
    HobartSemester 2
    LauncestonSemester 1
    LauncestonSemester 2

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

    Entry requirements

    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. 

    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)

    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

    Commonwealth supported places (CSP)

    Domestic undergraduate students may be eligible for a Commonwealth supported place in this course. If you are offered a Commonwealth supported place, your fees are substantially subsidised by the Australian Government, and you will only be required to pay the student contribution amount for each unit.

    You may be able to defer payment of the student contribution amount by accessing a HECS-HELP loan from the Government. This means you can pay your tuition fees later once you start earning above a specific threshold. For more information, please refer to the Study Assist website.

    The student contribution amount for each unit of study is based on its discipline area. Student contribution amounts are charged for each unit of study, this means that amounts will depend on which units you choose. Find out more about student contribution amounts.

    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

    International students

    2023 Total Course Fee (international students): $ 77,228 AUD *.

    Course cost based on a rate of $37,950 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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