Course details

Summary

The Master of Finance (MFinc) will equip students to be either professional practitioners or academic researchers in the field of Finance.

The Master of Finance can be completed in one year of full-time study which consists of a selection of papers plus either an applied or research project. The programme allows for the development of individual skills and applied or theoretical research and investigation. Starting with a sound background of coursework, students will have the opportunity to contribute to existing or new fields of research (applied or theoretical).

Graduates who follow the option of completing an Applied Project (FINC 501) will have a wide range of career opportunities in commercial and investment banks, brokerage and investment firms, insurance companies, treasury departments of non-financial corporations, regulatory agencies, consulting and accounting firms. Graduates completing the Master of Finance with a Research Project (FINC 580) will in addition have the ability to design and pursue a large project of independent research suitable to the PhD.

Papers

Seven of:

• ACFI 459 Advanced Research Methods
• BSNS 401 The Environment of Business and Economics
• FINC 402 Advanced Corporate Finance
• FINC 403 Studies in Capital Markets
• FINC 405 Mathematical Finance
• FINC 406 Advanced Empirical Finance
• FINC 411 Financial Risk Management
• FINC 420 Energy and Carbon Finance
• FINC425 Governance Issues in Finance

Plus one of the following project papers:

• FINC 501 Applied Project or
• FINC 580 Research Project

Entry criteria

Every applicant must either

• be a graduate with a mathematically-oriented degree and normally have achieved an average grade of B+ in the papers satisfying the final year major subject requirements for that degree, or
• have equivalent alternative qualifications or experience acceptable to the Pro-Vice Chancellor (Commerce).

In considering an applicant’s qualifications, regard will be had to the detail of the course of study followed to gain the qualification, as well as the applicant’s performance in the programme.

English Language Requirements: IELTS - Score of 6.5 in the academic module (with no individual band below 6.0); Internet-based TOEFL Score of 95 with a minimum writing score of 22.; Paper-based TOEFL (Test of English as a Foreign Language) score of 587 (TWE 4.5); Cambridge Certificate of Proficiency in English (CPE) – Overall score of 176 (with no individual band below 169); Cambridge Certificate in Advanced English (CAE) – Overall score of 176 (with no individual band below 169); APIEL Advanced Placement International English Language Examination - Grade 4 or higher; Pearson Test of English (PTE) Academic - Overall score of 64 with no communicative skills score below 57; University of Otago Foundation Studies Ltd: Completion of 'English for Postgraduate Academic Purposes' with a grade of C or higher.