Master of Finance

The Master of Finance will provide you with the practical and theoretical foundations in finance.

This program integrates work and learning, and aims to develop specific knowledge and skills in finance, and more generic capabilities in research, analysis and problem-solving, to meet the current and future expectations of finance and related industries.The program prepares students for financial problems they will encounter in business, equipping them with the skills to identify and explore complex elements and develop innovative solutions.Over the duration of the program you will experience a variety learning experiences which are designed to assist developing skills as finance professional and as an independent and lifelong learner.

Teaching and learning approaches for this program include:

lectures and tutorials, problem-based learning, assignments, projects, the use of assessment and feedback tools, activities using the Financial Markets Training Simulator as well as the completion of a major research project.

The types of assessment used in the program may take the form of formal examinations, assignments, case studies, projects, and in-class tests.In the first year of the program, the aim of the courses is to provide students with the fundamental theoretical aspects of finance.

This allows students to develop a solid foundation for later studies in finance and will enable them to provide discipline-based solutions within business, professional or public context.

In the second year of the program, students will develop a sound knowledge base and acquire a thorough understanding across specific areas of finance.

Most units involve a research project component where students must demonstrate their ability to interact with industry, complete an activity in a work context and work in a multidisciplinary team.The range of occupations available for graduates of this program is varied, but includes banking, stockbroking, funds management, insurance and superannuation industries or in other private sector or government organisations which have a requirement for high level, technical expertise in finance.

The capstone course BAFI3178 Portfolio Management will give you the opportunity to critically reflect on this program’s curriculum.

The course will promote the integration and synthesis of a range of knowledge and skills gained in the program and the application of these in discipline related real-world scenarios leading to work readiness or entry to graduate studies.The core research courses of this program are BUSM4448 Business Research Design (core course) and BAFI3190 Research Issues in Finance (elective).

These courses are designed to develop your knowledge of research principles and methods and how to apply them within the contemporary business environment.

You will have the opportunity to conduct a research project/proposal and further develop your skills in research methodology.This program is delivered on-campus.

Student admitted to this program plan will be exempted from the following Four (4) Business Enabling Courses on the basis of prior studies as detailed in the Articulation and Pathways section of the program guide.

Business Enabling Courses:

AND

Stage A:

Complete the following Four (4) Courses:

AND

Stage B:

Complete the following Three (3) Courses:

Select and Complete One (1) 12 credit point course from the Option Courses listed at the end of the program structure

Select and Complete One (1) Course from any:

Select and Complete a Maximum of One (1) Global Study Tour (12 or 24 credit points): If you undertake a 24 credit point Global Study Tour, it must be undertaken in the flexible study period and not in the same semester as your core courses.

You may study a 12 or 24 Credit Point Business Internship from the list at the end of program structure. If you undertake a 24cp Business Internship, it must be undertaken in the flexible study period and not in the same semester as your core courses

AND

Stage C:

Complete the following Three (3) Courses:

Select and Complete One (1) 12 credit point Course from the Option Courses listed at the end of the program structure

Select and Complete One (1) Course from any:

Select and Complete a Maximum of One (1) Global Study Tour (12 or 24 Credit Point): If you undertake a 24 credit point Global Study Tour, it must be undertaken in the flexible study period and not in the same semester as your core courses.

You may study a 12 or 24 Credit Point Business Internship from the list at the end of program structure. If you undertake a 24cp Business Internship, it must be undertaken in the flexible study period and not in the same semester as your core courses.

AND

Optional Courses:

Option Course List:

Business Internship

Academic Entrance requirements

Australian Bachelor degree or equivalent in Business (or a related discipline) that includes quantitative studies;

or

Australian Bachelor degree or equivalent in any discipline with a minimum 3 years Full Time Equivalent (FTE) management experience. Applicants will be required to submit a CV.

or

Successful completion of the RMIT Graduate Certificate in Finance;

or

Australian Graduate Certificate, Graduate Diploma or Masters degree or equivalent in Business (or a related discipline) that includes quantitative studies.

Entrance requirements for international onshore applicants All non-Australian residents and overseas full-fee paying students are required to meet RMIT English language requirements. For more information on these requirements and acceptable English Language tests please see www.rmit.edu.au/international/english-equivalent.

The program is designed to develop graduate outcomes, which aim to enhance general (analytical, problem solving, communication) and specific knowledge required to meet the current and future needs and expectations of society and the workplace. At the successful completion of this program you will have developed the knowledge and skills to be able to work as finance industry professionals.

On successful completion of this program you will be able to: