Course details

Summary

The Master of Applied Finance and Economics is a joint master's degree in Finance and Economics that can be completed full-time in 12-13 months. Students take two semesters of advanced coursework in both subjects, followed by a practical applications course from November-February.

The MAFE offers students:

• a coursework-based alternative to the traditional master's research pathway
• a capstone course that involves hands-on applications of advanced tools and techniques
• preparation for careers in business, financial, banking and public sectors
• an excellent foundation to pursue further academic training in the USA or the UK, if desired.

Graduate Profile

A Master of Applied Finance and Economics graduate:

• can demonstrate in-depth knowledge and understanding of current theoretical concepts and frameworks within finance and economics
• is able to think logically, analytically and critically with respect to the academic literature in finance and economics and explain how this literature applies to real world problems
• is able to synthesise academic or professional literature and effectively communicate the results of their independent study orally and in written form
• is able to apply their in-depth knowledge of finance and economics to real problems.

Qualification structure and duration

To qualify for the award of Master of Applied Finance and Economics a student must satisfactorily pass:

FIEC675 Advanced Applications in Finance and Economics and

35 additional points selected from:

60 points from ECON 601-669, including at least 30 points from ECON 620-669
60 points from FINC 601-669, including at least 30 points from FINC 620-669
FIEC 601 or, at the discretion of the Head of Department of Economics and Finance, an additional 15 points from ECON 601-669 or FINC 601-669

Career opportunities

Postgraduate study can bring many career benefits eg, specialist skills and enhanced knowledge, entry into specific occupations, higher starting salary/progression rates, research capability/achievement and evidence of high academic attainment/self-discipline.

Entry criteria

Candidates must have completed a bachelor's degree that includes intermediate microeconomics, introductory business finance, a calculus-based mathematics course and an introductory statistics course and be approved for the degree by the Dean of Commerce.

Other English language requirements: TOEFL PBT with a minimum score of 575 and TWE with a minimum score of 4.5; CCEL EAP Level 2 with a minimum B+ grade; CAE or CPE score of 176 with a minimum of 169 in reading, writing, listening and speaking; Pearson Test of English (Academic) - PTE with an overall score of 64 and no PTE communicative skills score below 58.