Handbook home
Master of Commerce (Finance) (MC-COMFIN) // Course structure
About this course
Contact
Professor Garry Twite
e: buseco-gradresearch@unimelb.edu.au
For currently enrolled students:
mbs.unimelb.edu.au/students/course-planning
e: buseco-gradresearch@unimelb.edu.au
For future students:
Course structure
The Master of Commerce (Finance) consists of 16 subjects comprising 8 compulsory Finance subjects, 2 Economics subjects, 2 Econometrics subjects, 1 Mathematics subject and either 3 or 4 constrained choice electives as described below
Progression from Year 1 to Year 2 of the Master of Commerce (Finance) requires:
- A minimum average of 75% overall in the subjects taken during Year 1; and
- a minimum average of 75% for the compulsory Finance subjects taken in Year 1.
Students who discontinue from the Master of Commerce (Finance) after Year 1 but have successfully completed the requirements of the Graduate Diploma in Commerce (Finance) will be eligible to receive the Graduate Diploma in Commerce (Finance) as an exit award.
Progression from Year 2 of the Master of Commerce (Finance) to the Doctor of Philosophy (Business and Economics) requires:
- A minimum average of 75% overall in the subjects taken during Year 2; and
- a minimum average of 75% for the compulsory Finance subjects taken in Year 2.
Subject options
Year One
All students must complete the following subjects:
Compulsory Finance Subjects
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90002 | Foundations of Finance | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
FNCE90005 | Advanced Derivative Securities | Not available in 2021 | 12.5 |
FNCE90007 | Studies in Empirical Finance | Not available in 2021 | 12.5 |
FNCE90009 | Research Report (Finance) | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
One Economics subject chosen from the following:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90063 | Advanced Microeconomics | Semester 1 (Online) |
12.5 |
ECON90002 | Microeconomics | Semester 1 (Online) |
12.5 |
ECON90062 | Behavioural Economics:Accounting&Finance | Not available in 2021 | 12.5 |
ECON30024 | Economics of Financial Markets | Semester 1 (Online) |
12.5 |
ECON90022 | Game Theory | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
ECON30022 | Experimental Economics | Semester 2 (Online) |
12.5 |
One Econometrics subject chosen from the following:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECOM90002 | Econometrics 2 |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ECOM90013 | Econometrics 3 | Semester 1 (Online) |
12.5 |
One Mathematics subject chosen from the following:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90053 | Mathematics for Economists | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MAST20026 | Real Analysis |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MAST90057 | Elements of Probability | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
MAST90058 | Elements of Statistics | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MAST90059 | Stochastic Calculus with Applications | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
MAST30001 | Stochastic Modelling | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MAST90027 | Practice of Statistics & Data Science | Not available in 2021 | 12.5 |
MAST90051 | Mathematics of Risk | Not available in 2021 | 12.5 |
One additional elective chosen from the Year One Economics, Econometrics or Mathematics elective lists.
Year Two
All students must complete the following subjects:
Compulsory Finance Subjects
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90076 | Empirical Corporate Finance | Not available in 2021 | 12.5 |
FNCE90077 | Empirical Investments | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
FNCE90041 | Finance Theory - Investments | Not available in 2021 | 12.5 |
FNCE90042 | Finance Theory - Corporate Finance | Not available in 2021 | 12.5 |
One Economics subject chosen from the following:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90063 | Advanced Microeconomics | Semester 1 (Online) |
12.5 |
ECON90002 | Microeconomics | Semester 1 (Online) |
12.5 |
ECON90012 | Microeconomics II | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
ECON90062 | Behavioural Economics:Accounting&Finance | Not available in 2021 | 12.5 |
ECON30024 | Economics of Financial Markets | Semester 1 (Online) |
12.5 |
ECON90022 | Game Theory | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
ECON30022 | Experimental Economics | Semester 2 (Online) |
12.5 |
ECON90003 | Macroeconomics | Semester 1 (Online) |
12.5 |
One Econometrics subject chosen from the following:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECOM90013 | Econometrics 3 | Semester 1 (Online) |
12.5 |
ECOM90005 | Advanced Econometric Techniques | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
ECOM90003 | Applied Microeconometric Modelling | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
ECOM90014 | Advanced Econometric Techniques 2 | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
ECOM90011 | Financial Econometrics | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
And students must select one of the following options (25 points):
Option One:
two additional 12.5-point electives from the Year 1 or Year 2 Economics, Econometrics or Mathematics elective subjects listed above;
or
Option Two:
one additional 12.5-point elective from the Year 1 or Year 2 Economics, Econometrics or Mathematics elective subjects listed above and both 6.25-point electives listed below:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90043 | Special Topics in Finance A | March (Online) |
6.25 |
FNCE90044 | Special Topics in Finance B | April (Online) |
6.25 |
Last updated: 13 July 2022