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Master of Management (Finance) (MC-MGMTFIN)
Masters (Coursework)Year: 2021 Delivered: On Campus (Parkville)
About this course
- Overview
- Entry and participation requirements
- Attributes, outcomes and skills
- Course structure
- Majors, minors and specialisations
- Notes
Contact
Currently enrolled students:
- General information: https://ask.unimelb.edu.au
- Contact Stop 1
Future Students:
- Further information: mbs.unimelb.edu.au
- Submit an Enquiry
Director
Andrea Lu
Overview
Award title | Master of Management (Finance) |
---|---|
Year & campus | 2021 — Parkville |
CRICOS code | 064502D |
Fees information | Subject EFTSL, level, discipline and census date |
Study level & type | Graduate Coursework |
AQF level | 9 |
Credit points | 200 credit points |
Duration | 24 months full-time or 48 months part-time |
The Master of Management (Finance) provides advanced competencies, professional skills and knowledge in the finance discipline that will prepare graduates for entry into the finance profession. The program provides students with a foundation in the various business disciplines and builds a strong base of knowledge in the discipline of finance. As the program progresses, students focus on advanced studies in finance that enhance their skills in financial analysis.
Entry requirements
1. In order to be considered for entry, applicants must have completed:
- an undergraduate degree in any discipline, or equivalent; and
- a personal statement outlining why they wish to be considered for the course.
Meeting these requirements does not guarantee selection.
2. In ranking applications, the Selection Committee will consider:
- prior academic performance; and
- the personal statement.
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments.
4. The minimum English language requirements for this course are Band 6.5.
Notes:
- Applicants with an undergraduate degree in a business/commerce or related discipline, or with a degree in any discipline with appropriate business breadth or minor, may be awarded up to 50 points of credit.
- Students who discontinue from the Master of Management (including any of its named streams) but have successfully completed the requirements of the Graduate Certificate in Management or the Graduate Diploma in Management will be eligible to receive the Graduate Certificate in Management or the Graduate Diploma in Management, respectively, as an exit award.
Inherent requirements (core participation requirements)
The Faculty of Business and Economics welcomes applications from students with disabilities. It is University and Faculty policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student’s participation in the Faculty’s programs.
The BCom and Masters degrees of the Faculty of Business and Economics equip graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. The degrees include the following academic requirements for study:
(1) The ability to explain and evaluate concepts, theories, institutional arrangements and operations of modern mixed economies;
(2) The ability to critically evaluate the economy, commerce and business in the broader social and political context;
(3) The ability to explain and apply concepts across a range of commerce and business disciplines in solving business and policy problems; and
(4) The ability to contribute positively to the development of organisations and society in relation to business, government and the commercial professions.
All students of the Faculty’s courses must possess intellectual, ethical, and emotional capabilities required to participate in the full curriculum and to achieve the levels of competence required by the Faculty. Candidates for the BCom degree and for FBE Masters degrees must have abilities and skills in communication; in conceptual, integrative, and quantitative dimensions; and in behavioural and social dimensions.
I. Communication: The student must be able to communicate effectively and efficiently in oral and/or written form. A student must have the ability to clearly and independently communicate knowledge and application of a discipline, principles or practices during assessment tasks, and in some discipline streams.
II. Intellectual‐Conceptual, Integrative and Quantitative Abilities: The student is expected to have the ability to develop problem‐solving skills and demonstrate the ability to establish study plans and priorities. These abilities include measurement, calculation, reasoning, analysis, and synthesis. Problem solving requires all of these intellectual abilities. Students should also have the ability to comprehend complex disciplinary and cross disciplinary information related to the BCom and Masters degrees.
III. Behavioural and Social Attributes: A student must possess behavioural and social attributes that enable them to participate in a complex learning environment and the emotional health required for full utilisation of his/her intellectual abilities. Students are required to take responsibility for their own participation and learning. They also contribute to the learning of other students in collaborative learning environments, demonstrating interpersonal skills and an understanding of the needs of other students. Assessment may include the outcomes of tasks completed in collaboration with other students. Integrity, concern for others, interpersonal skills, interest, and motivation are all personal qualities that are deemed necessary for students enrolled in FBE courses.
Students who feel their disability will prevent them from participating in tasks involving the inherent academic requirements of the BCom and FBE Masters courses are encouraged to contact the Disability Liaison Unit. Adjustments can be provided to minimise the impact of a disability, but students should participate in the course in an independent manner.
Intended learning outcomes
1. Learning Goal
Graduates of this degree will be adept at obtaining, analysing, synthesising and evaluating evidence in management decision making in an area of commerce specialisation.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Describe and explain the body of knowledge, including recent developments, influencing markets and guiding the management of organisations;
- Evaluate the impact of a variety of cultural and environmental factors on the organisation and in the market; and
- Identify and apply methods for researching business related problems.
2. Learning Goal
Graduates of this degree will be strategic and critical thinkers in relation to business and commerce related issues and in developing solutions to problems in organisations and in society.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Explain, critically analyse and reflect on factors that influence decision making in firms and the economy;
- Identify strategic issues and solutions in relation to economic problems and activity within firms;
- Apply knowledge of theory to analyse real and hypothetical problems in different markets both domestically and internationally; and
- Demonstrate creativity and initiative in the application of knowledge to problem solving and innovation.
3. Learning Goal
Graduates of this degree will be effective decision makers in business and commerce.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Apply basic mathematical and/or statistical techniques to analyse business data;
- Apply research techniques to business related problems;
- Evaluate the applicability of various theories and techniques to business related problems;
- Employ a range of tools of analysis pertinent to the evaluation of evidence in business sector;
- Use evidenced-based research techniques to support decisions;
- Apply ethical principles and corporate governance strategies to address real world issues and problems;
- To demonstrate a capacity to successfully work independently with personal accountability; and
- Execute a project requiring research or real-world application.
4. Learning Goal
Graduates of this degree will have advanced professional knowledge and skills in the finance discipline in preparation for entry into the finance profession.
Learning objectives to achieve this goal
On successful completion of this degree students will be able to:
- Understand and apply principles, theories and models pertaining to the finance discipline;
- Evaluate and manage risks and returns in financial markets;
- Interpret and evaluate financial data in making investment decisions including the accounting information that supports these decisions;
- Apply appropriate theories and statistical tools of analysis to financial decision making; and
- Appraise recent developments in the finance discipline.
Generic skills
On successful completion of this degree students should have enhanced their skills in:
- Critical evaluation of evidence in support of an argument or proposition;
- Problem identification and solving in finance through the application of appropriate financial theories, principles and data;
- Communication of finance and commerce related ideas, theories and solutions to peers and the wider community;
- Ability to synthesize ideas, theories and data in developing solutions to finance problems;
- Ethical practice through a knowledge of corporate governance processes and implementation;
- Business research skills including the retrieval of information from a variety of sources;
- Statistical reasoning in finance though application of financial theories to real world cases;
- Demonstrate a capacity to successfully engage in collaborative activities such as group based work and activities;
- Interpret and communicate research results to specialist and non-specialist audiences; and
- The use of financial computer software.
Graduate attributes
On successful completion of this degree, graduates should be:
- Ethical practitioners through a knowledge of corporate governance processes and implementation;
- Adept at analysing and evaluating evidence in management decision making in an area of commerce specialisation;
- Problem solvers in Finance through the application of appropriate Finance theories, techniques, principles and data;
- Strategic and critical thinkers in relation to business and commerce related issues and in developing solutions to problems in organisations and in society;
- Adept at using a variety of financial analysis tools including statistical reasoning and financial computer software;
- Competent in professional knowledge and skills in the finance discipline;
- Able to synthesize finance and business related ideas, theories and data in developing solutions to financial problems and in decision making;
- Adept in research skills including the retrieval of information from a variety of financial sources;
- Effective team members through collaborative exercises in tutorials and assessment;
- Critically evaluative of evidence in support of an argument, decision or proposition;
- Effective decision makers in finance and commerce;
- Excellent communicators of finance and commerce related ideas, theories and solutions to peers and the wider community; and
- Adept at developing solutions to problems through teamwork and collaboration.
Course structure
The Master of Management (Finance) program consists of sixteen subjects, comprising five foundation subjects, three discipline core subjects, one capstone subject and seven elective subjects. Students entering the course with 50 points of advanced standing should visit the Majors, minors and specialisations page.
Subject options
200 Point Master of Management (Finance)
Foundation subjects
Students must complete all of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90004 | Accounting for Decision Making |
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90060 | Financial Management |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ECOM90009 | Quantitative Methods for Business |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
Students must complete two of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90015 | Managerial Economics |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MGMT90015 | Human Resource Fundamentals |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MGMT90018 | Managing Behaviour in Organisations |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MKTG90037 | Managing for Value Creation |
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
Discipline core subjects
Students must complete all of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90018 | Corporate Financial Policy |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90056 | Investment Management |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90011 | Derivative Securities |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
Capstone subject
Students must complete the following subject in their final semester of study:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90062 | Capstone Studies in Finance |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
Finance elective subjects
Students must complete four subjects from following list:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90016 | International Financial Management |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90045 | Financial Spreadsheeting | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
FNCE90046 | Treasury Management |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
FNCE90048 | Project Finance |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
FNCE90049 | Property Development and Investment | Semester 1 (Online) |
12.5 |
FNCE90051 | Fundamentals of Portfolio Management | June (Online) |
12.5 |
FNCE90057 | Ethics In Finance | June (Online) |
12.5 |
FNCE90086 | Behavioural Finance | Semester 1 (Online) |
12.5 |
FNCE90087 | Sustainable Investment | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
General elective subjects
Students must complete three subjects from any of the following lists:
Accounting subjects
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90014 | Auditing and Assurance Services |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90012 | Corporate Reporting |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90013 | Theory of Financial Accounting |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90002 | Financial Statement Analysis |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90030 | Information Processes & Control |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90015 | Legal Issues for Business |
Semester 1 (Dual-Delivery - Parkville)
Winter Term (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
BISY90009 | Managing Information Technology | Semester 2 (Online) |
12.5 |
ACCT90009 | Strategic Cost Management |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
ACCT90010 | Strategic Performance Management |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ACCT90031 | Sustainability Reporting & Management | Semester 2 (Online) |
12.5 |
ACCT90016 | Taxation for Business Decision Making |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Online)
|
12.5 |
ACCT90026 | Forensic Business Processes | Not available in 2021 | 12.5 |
MULT90014 | Business Risk Management | Winter Term (Online) |
12.5 |
ACCT90005 | Analysis of Emerging Market Firms | Not available in 2021 | 12.5 |
ACCT90006 | Strategic Management Accounting | Not available in 2021 | 12.5 |
ACCT90007 | Assurance Practices | Not available in 2021 | 12.5 |
ACCT90008 | Acc.Information and Security Valuation | Not available in 2021 | 12.5 |
BUSA90520 | Data Wrangling and Visualisation |
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
|
12.5 |
Economics subjects
Code
Name
Study period
Credit Points
ECON90025
Cooperation and Conflict in World Trade
12.5
ECON90016
Environmental Economics and Strategy
12.5
ECON90032
Macroeconomics for Managers
12.5
ECON90047
Macroeconomics 2
12.5
ECON90045
Microeconomics 2
12.5
Management subjects
Code
Name
Study period
Credit Points
IBUS90002
Managing in Asia
12.5
MGMT90141
Business Analysis & Decision Making
12.5
MGMT90037
Conflict and Negotiation
12.5
MGMT90148
Consulting Fundamentals
12.5
MGMT90201
Entrepreneurial Practice
12.5
MGMT90038
Global Corporate Governance
12.5
MGMT90017
HR Consulting
12.5
MGMT90027
International Human Resources
12.5
IBUS90003
The Multinational
12.5
MGMT90013
Leadership and Team Dynamics
12.5
MGMT90140
Management Competencies
12.5
MGMT90018
Managing Behaviour in Organisations
12.5
MKTG90037
Managing for Value Creation
12.5
MGMT90012
Managing Diversity
12.5
MGMT90030
Managing Innovation
12.5
MGMT90015
Human Resource Fundamentals
12.5
MGMT90011
Managing Stakeholders
12.5
MGMT90032
Operations and Process Management
12.5
MGMT90176
People and Capability
12.5
MGMT90025
People and Change
12.5
MGMT90016
Performance & Reward Management
12.5
MGMT90031
Project Management
12.5
MGMT90165
Social Entrepreneurship
12.5
MGMT90026
Supply Chain Management
12.5
MGMT90208
Sustainable Business Practices
12.5
MGMT90014
Human Resource Management in Context
12.5
MKTG90026
Marketing Metrics
12.5
MGMT90146
Strategic Management
12.5
IBUS90008
Global Value Chains
12.5
BUSA90529
Building Entrepreneurial Ventures
12.5
MGMT90261
HR Analytics
12.5
Marketing subjects
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90009 | Advertising and Communications Strategy | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MKTG90006 | Branding | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
MKTG90008 | Consumers and Consumption |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MKTG90017 | Digital Business and Marketing | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MKTG90004 | Marketing Management |
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MKTG90011 | Marketing Research |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MKTG90033 | Neuromarketing | Semester 1 (Online) |
12.5 |
MKTG90002 | New Product Development | Semester 1 (Online) |
12.5 |
MKTG90003 | Public Relations | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
MKTG90001 | Omnichannel Retail | Semester 1 (Online) |
12.5 |
MKTG90007 | Customer Experience Management | Semester 1 (Online) |
12.5 |
MKTG90040 | Sales | Not available in 2021 | 12.5 |
MKTG90049 | Marketing, Society and Sustainability | Semester 2 (Online) |
12.5 |
MKTG90048 | B2B Marketing | Semester 2 (Online) |
12.5 |
Work Integrated Learning subjects
Code
Name
Study period
Credit Points
BUSA90473
Business Practicum
12.5
BUSA90485
Global Business Practicum
12.5
BUSA90525
Business and Economics Internship
12.5
ENGR90039
Creating Innovative Professionals
12.5
Finance subjects
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90057 | Ethics In Finance | June (Online) |
12.5 |
FNCE90045 | Financial Spreadsheeting | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
FNCE90051 | Fundamentals of Portfolio Management | June (Online) |
12.5 |
FNCE90016 | International Financial Management |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90048 | Project Finance |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
FNCE90049 | Property Development and Investment | Semester 1 (Online) |
12.5 |
FNCE90046 | Treasury Management |
Semester 1 (Online)
Semester 2 (Online)
|
12.5 |
FNCE90086 | Behavioural Finance | Semester 1 (Online) |
12.5 |
FNCE90087 | Sustainable Investment | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
Majors, minors & specialisations
Name | Credit Points |
---|---|
150pt Program | 150 |
Duration
Part-time, full-time and accelerated study plan options:
The 200 point study plan can be completed in 18 to 24 months of full-time study.
- Full-time students take four subjects per standard semester for four semesters (approximately 2 years) and may opt to take additional subjects in summer and winter semesters to reduce the duration of their program.
- Part-time students enrol in one or two subjects per semester.
The 150 point study plan can be completed in 12 to 18 months of full-time study.
- Full-time students take four subjects per standard semester for three semesters (approximately 1.5 years) and may opt to take additional subjects in summer and winter semesters to reduce the duration of their program.
- Part-time students enrol in one or two subjects per semester.
Graduate Certificate in Management
Students enrolled in any Master of Management programs who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Certificate in Management.
- Master of Management students enrolled in 200 point programs who wish to exit with the Graduate Certificate must complete 100 points of Master of Management subjects.
- Master of Management students with cognate backgrounds who are following the 150 point study plan and wish to exit with the Graduate Certificate must complete 50 points of Master of Management subjects.
Graduate Diploma in Management
Students enrolled in any Master of Management programs who are either unable, or who choose not to continue with their studies, may be eligible to exit with a Graduate Diploma in Management.
- Master of Management students enrolled in 200 point programs who wish to exit with the Graduate Diploma must complete 150 points of Master of Management subjects.
- Master of Management students with cognate backgrounds who are following the 150 point study plan and wish to exit with the Graduate Diploma must complete 100 points of Master of Management subjects.
Last updated: 29 March 2024