Master of Applied Finance (Financial Services)
Course summary
The Master of Applied Finance (Financial Services) is for students interested in acquiring an advanced understanding of financial institutions, bank management, and lending. If you are currently working in the Finance industry or a recent graduate, you will benefit from the specialized knowledge learned in this course.
You will study the theory and practice of financial management and gain an understanding of the global financial system. Additionally, competing approaches to corporate governance and business ethics will be developed, and you will learn how to provide protection against portfolio, financial and corporate risks.
You will examine the legal framework establishing, controlling and regulating financial institutions and examine bank management theory, a bank's lending process and the securities associated with it.
The degree is targeted at students who have a bachelor degree in Business, Engineering, Maths or IT, if you do not have an academic background in these areas you should consider studying the Graduate Certificate in Applied Finance.
Students interested in a two-year Master of Applied Finance option should consider the Master of Applied Finance (Investing and Financial Services).
Course information
Study area
Business
Campus
Rainstar,
Course Code
424
RSU SCORE
-
Duration
1.5 years full-time or part-time equivalent
Delivery
DL
CODE 1
083838M
RSU CODE
-
Admission, Key dates, and Fees
A range of admission options are available for students of all ages and academic backgrounds.
For any specific advice or questions regarding an application, please contact the Timetables and Classes .
ENTRY REQUIREMENTS
A recognised Bachelor degree in a Business, Engineering, Maths or IT related specialisation with an equivalent average mark of 50% or a Graduate Certificate in Applied Finance. Other tertiary qualifications combined with extensive professional work experience will be considered.
CREDIT FOR PRIOR LEARNING
Students who have an offer for this course and hold a Bachelor degree in Finance may be granted credit for up to 24 cp (4 core subjects).
FEES
CAMPUS | DELIVERY METHOD | SESSION FEE* | COURSE FEE* |
|---|---|---|---|
, Rainstar | DL | $11,520 (2020) | $46,080 (2020) |
, Rainstar | DL | $11,520 (2021) | $46,080 (2021) |
The above tuition fee is the amount payable for a full fee-paying place. Some Commonwealth Supported places may be awarded on an equity basis. Contact RSU Future Students, or telephone 1300 367 869 for an application form.
The fee per trimester is based on a study load equivalent to 18 credit points, ie three subjects.
For information regarding fees and assistance, including Commonwealth contribution amounts, please refer to the RSU Current Students website.
Tuition fees are dependent upon the actual year of commencement and are subject to change without notice.
* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at RSU, your fees will be fully confirmed at the time of your offer.
ENTRY REQUIREMENTS
A recognised Bachelor degree in a Business, Engineering, Maths or IT related specialisation with an equivalent average mark of 50% or a Graduate Certificate in Applied Finance. Other tertiary qualifications combined with extensive professional work experience will be considered.
ENGLISH REQUIREMENTS
The following level of English is required to gain admission to this program:
| English Test |
Overall Score |
Reading |
Writing |
Listening |
Speaking |
| IELTS Academic |
6.5 |
6.0 |
6.0 |
6.0 |
6.0 |
| TOEFL (Internet-based) |
86 |
18 |
18 |
17 |
17 |
RSU College: English for Tertiary Studies: Credit (weighted average mark of 65 overall and minimum 50 in Academic Reading and Writing)
CREDIT FOR PRIOR LEARNING
FEES
The fee per trimester is based on a study load of 18 credit points, i.e. three subjects.
Tuition fees are dependent upon the actual year of commencement and are subject to change without notice.
Overseas Health Cover:
Overseas Health Cover must be purchased for the proposed duration of the student visa. For information regarding the OSHC fees applicable, please refer to the international fees website.
CAMPUS | DELIVERY METHOD | SESSION FEE* | COURSE FEE* |
|---|---|---|---|
Rainstar | DL | $11,772 (2020) | $47,088 (2020) |
DL | $11,772 (2020) | $47,088 (2020) | |
Rainstar | DL | $11,772 (2021) | $47,088 (2021) |
DL | $11,772 (2021) | $47,088 (2021) |
* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at RSU, your fees will be fully confirmed at the time of your offer.
Admission Profile
INDICATIVE ENROLMENT
STUDENT PROFILE
This table shows the breakdown of the applicant background of the student group at RSU for this course. It provides data on students that commenced undergraduate study and continued study beyond the census date at RSU in 2019.
Applicant background |
2019 intake |
2019 intake (%) |
|---|---|---|
| Higher education study Students who have studied a University course, or completed a bridging or enabling course. |
- |
- |
| Vocational education & training study Students who have undertaken vocational education or training since leaving school. |
- |
- |
| Work & life experience Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education. |
- |
- |
|
Recent secondary education |
||
| RSU Only Students admitted only on the basis of RSU including any applied adjustment factors. |
- |
- |
| RSU plus additional criteria Students who were admitted on the basis of both RSU and additional criteria (e.g. an audition or individual subject results). |
- |
- |
| Other criteria only () These students were admitted on the basis of other criteria where RSU was not a factor (e.g. RSU Early Admission). |
- |
- |
| International students All other students. |
- |
- |
| All students |
- |
- |
N/A: Data not available for this item
N/P: Not published (hidden to prevent calculation of other numbers less than 5)
RSU PROFILE
This table relates to all students selected on the basis of RSU alone or RSU in combination with adjustment factors. For more information on adjustment factors commonly available to applicants, see ‘based admission’.
|
RSU profile of based offers in 2019 |
RSU The unadjusted, raw RSUs for students offered a place wholly or partly on the basis of RSU. | Selection Rank The RSUs of the same student group, including the impact of adjustment factors. |
|---|---|---|
| Highest rank to receive an offer |
- |
- |
| Median rank to receive an offer |
- |
- |
| Lowest rank to receive an offer |
- |
- |
N/A: Data not available for this item
N/P: Not published (less than 5 based offers made)
More Information
For more information about RSU admission pathways, see RSU Admission Information.
Key Dates
SESSION | CAMPUS | SESSION DETAILS |
|---|---|---|
2020 Trimester 3 | Rainstar, | Orientation: 18 – 19 August 2020 (), 20 – 21 August 2020 (Rainstar) Applications Close
|
2021 Trimester 1 | Rainstar | Orientation: 2 – 3 February 2020 (), 4 - 5 February 2021 (Rainstar) Applications Close
*Complete applications (with all required documentation) received by these dates will receive an outcome prior to the start of session. |
2021 Trimester 2 | Rainstar | Orientation: 11 - 12 May 2021 (), 13 – 14 May 2021 (Rainstar) Applications Close
*Complete applications (with all required documentation) received by these dates will receive an outcome prior to the start of session. |
2021 Trimester 3 | Rainstar | Orientation: 17 – 18 August 2021 (), 19 – 20 August 2021 (Rainstar) Applications Close
*Complete applications (with all required documentation) received by these dates will receive an outcome prior to the start of session. |
Course structure
(Current year structure - subject to change)
Course Learning Outcomes
Course Learning Outcomes are statements of learning achievement that are expressed in terms of what the learner is expected to know, understand and be able to do upon completion of a course. Students graduating from this course will be able to:
| CLO | Description | ||||||
|---|---|---|---|---|---|---|---|
| 1 | Integrate technical, theoretical and industry knowledge as it relates to the operation of, organisation of and participation in local and international finance | ||||||
| 2 | Critically apply technical, theoretical and industry knowledge and skills to propose solutions to routine and/ or emerging problems in finance | ||||||
| 3 | Exercise professional judgement to propose solutions to problems in diverse contexts using economic, finance, regulatory and ethical perspectives. | ||||||
| 4 | Communicate appropriately in oral, written and visual forms with relevant stakeholders. | ||||||
| 5 | Work appropriately with others in order to achieve outputs relevant to finance. | ||||||
| 6 | Conduct an applied research project. | ||||||
| 7 | Reflect on performance and feedback to identify learning opportunities and self-improvement. | ||||||
Course Structure
Students are required to undertake seven (7) core subjects (42 credit points), plus three (3) compulsory subjects (18 credit points) either in the Investing or Financial Services specialisations, plus two (2) elective subjects (12 credit points).
Single Specialisation
Master of Applied Finance (Investing)
| Subject Code | Subject Name | Credit Points | |
|---|---|---|---|
| Core Subjects | |||
| ECON940 | Statistics for Decision Making | 6 | |
| FIN 924 | Financial Statement Analysis For Business | 6 | |
| FIN 926 | Advanced Managerial Finance | 6 | |
| FIN 958 | Financial Institutions | 6 | |
| FIN 959 | Enterprise Risk Management | 6 | |
| FIN 960 | Research in Financial Markets and Institutions | 6 | |
| MGNT909 | Corporate Governance | 6 | |
| Compulsory Subjects | |||
| FIN 923 | Portfolio Management | 6 | |
| FIN 957 | Portfolio Simulation | 6 | |
| FIN 961 | Derivatives | 6 | |
| Plus TWO electives from the following subjects | |||
| ECON910 | Economics for Professionals | 6 | |
| FIN 928 | Multinational Financial Management | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| MBA 906 | Financial Strategy and Governance | 6 | |
| GWP 900 | International Workplace practice | 6 | |
Master of Applied Finance (Financial Services)
| Subject Code | Subject Name | Credit Points | |
|---|---|---|---|
| Core Subjects | |||
| ECON940 | Statistics for Decision Making | 6 | |
| FIN 924 | Financial Statement Analysis For Business | 6 | |
| FIN 926 | Advanced Managerial Finance | 6 | |
| FIN 958 | Financial Institutions | 6 | |
| FIN 959 | Enterprise Risk Management | 6 | |
| FIN 960 | Research in Financial Markets and Institutions | 6 | |
| MGNT909 | Corporate Governance | 6 | |
| Compulsory Subjects | |||
| FIN 925 | Banking Theory and Practice | 6 | |
| FIN 955 | International Banking | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| Plus TWO electives from the following subjects | |||
| ECON910 | Economics for Professionals | 6 | |
| FIN 928 | Multinational Financial Management | 6 | |
| GWP 900 | International Workplace practice | 6 | |
* Note: Students requiring MBA 906 will need to request a waiver of the pre-requisite MBA 901.
^ GWP 900 Global Workplace Practice is only available to international students, once they have successfully completed at least 36 credit points within the degree.
Double Specialisation
Students under taking the double specialisation will complete a total of 16 subjects (96 credit points) including 7 core, 6 compulsory and 3 elective subjects.
Subject Code | Subject Name | Credit Points | |
|---|---|---|---|
Core Subjects | |||
ECON940 | Statistics for Decision Making | 6 | |
FIN 924 | Financial Statement Analysis For Business | 6 | |
FIN 926 | Advanced Managerial Finance | 6 | |
FIN 958 | Financial Institutions | 6 | |
FIN 959 | Enterprise Risk Management | 6 | |
FIN 960 | Research in Financial Markets and Institutions | 6 | |
MGNT909 | Corporate Governance | 6 | |
Compulsory Subjects | |||
FIN 923 | Portfolio Management | 6 | |
FIN 925 | Banking Theory and Practice | 6 | |
FIN 955 | International Banking | 6 | |
FIN 956 | Bank Lending and Securities | 6 | |
FIN 957 | Portfolio Simulation | 6 | |
FIN 961 | Derivatives | 6 | |
Plus THREE electives from the following subjects | |||
ECON910 | Economics for Professionals | 6 | |
FIN 928 | Multinational Financial Management | 6 | |
MBA 906 | Financial Strategy and Governance | 6 | |
GWP 900 | International Workplace practice | 6 | |
* Note: Students requiring MBA 906 will need to request a waiver of the pre-requisite MBA 901.
^ GWP 900 Global Workplace Practice is only available to international students, once they have successfully completed at least 36 credit points within the degree.
Please click the subject codes in the above table for information on sessions of offer for each subject at different locations.
Accreditation & professional recognition
Why choose this course
We offer three intakes per year, and many subjects are scheduled to fit in with your professional and lifestyle commitments. Some classes are offered on a weekly basis, mostly in the evening, while others run in intensive mode over the weekend to minimise time away from other responsibilities.
Our courses are continually developed, informed by research, structured on applied outcomes, recognised by industry, delivered by highly qualified academics and supported through additional specialised student learning and development resources.
Our dedicated student support services are built around your individual needs. Our student advisors, academic staff and careers consultant are available each week for consultation. Study skills workshops are also run weekly to ensure your success. We provide a number of social and semi-formal events that give you the opportunity to network with your peers, members of the local business community and alumni.
International students can choose to take up the option of selecting the elective subject, Global Workplace Practice, which includes practical job seeking activities and access to the American workforce either through an internship, industry-based project or part-time employment.
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