Course details

Summary

Finance is a relatively new and rapidly growing discipline that examines the acquisition and allocation of financial resources. Where financial accounting measures past performance, Finance as a discipline is forward-focused. It is largely about future planning for firms or investors.

Finance consists of three interrelated subject areas:

• corporate finance studies how firms raise and efficiently utilise funds obtained from lenders and shareholders
• financial markets and institutions explores how the financial system facilitates the transfer of funds from savers and lenders to borrowers
• investment analysis studies how investors choose securities and asset classes for their investment portfolios.

All of these areas assess the trade-off between risk and reward and the valuation of both financial and capital assets.

This diploma offers people who hold a bachelor's degree in a major in an unrelated area the opportunity to study science in-depth. It is designed to provide a qualification for graduates seeking to qualify for entry to postgraduate qualifications in science, change career direction, or to extend or upgrade their existing qualifications.

The GradDipSc may be awarded with Distinction.

Qualification structure and duration

Students take courses from the Bachelor of Science schedule and are required to pass courses totalling a minimum of 120 points including 90 points at 300-level.

Further study

This qualification is an ideal pathway into postgraduate study.

Career opportunities

Today it would be rare for a person to rise to the position of chief financial officer (CFO) without a strong grounding in both Accounting and Finance. There are also many other career opportunities for Finance graduates, with typical jobs including: financial analyst, money market and foreign exchange dealer, loan analyst, equity analyst, risk analyst/manager, portfolio manager, financial planner, investment banker and small-business manager.

Entry criteria

Graduate diplomas require a bachelor's degree. If you gained your qualifications overseas, these will need to be assessed to ensure they are of an equivalent standard.

Other English language requirements: TOEFL PBT with a minimum score of 550 and TWE with a minimum score of 4.5; CCEL EAP Level 2 with a minimum C+ grade; CAE or CPE minimum score of 169 with at least 162 in reading, writing, listening and speaking; Pearson Test of English (Academic) - PTE with an overall score of 57 and no PTE communicative skills score below 50.