Handbook home
Master of Management (Finance) (MC-MGMTFIN)
Masters (Coursework)Year: 2023 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 | 2023 — 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.
Guaranteed Pathway
For those applicants with an undergraduate degree in any discipline who are assessed as not meeting the University of Melbourne WAM-equivalent requirement for entry into the Master of Management (Finance), a place in the Graduate Certificate in Business may be offered. Successful completion of the Graduate Certificate with a minimum average WAM of 65, and no failed subjects, provides a guaranteed pathway into the 200-point Master of Management (Finance). Advanced Standing for subjects completed in the Graduate Certificate in Business will be provided where subjects undertaken align with equivalent foundation subjects to be completed as part of this degree.
Inherent requirements (core participation requirements)
Inherent requirements are the abilities, knowledge and skills needed to complete this course that must be met by all students. For information on the inherent requirements specific to this course contact the course/program coordinator. In some circumstances reasonable adjustments may be available to enable students to meet these requirements while still preserving the academic integrity of the university's learning, assessment and accreditation processes. For more information on how to seek these adjustments refer to the Student Equity and Disability Support website: https://services.unimelb.edu.au/student-equity/home
Intended learning outcomes
Graduates of this degree will be adept at obtaining, analysing, synthesising and evaluating evidence in management decision making in an area of commerce specialisation.
- 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
- Identify and apply methods for researching business related problems
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.
- 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
- Demonstrate creativity and initiative in the application of knowledge to problem solving and innovation
Graduates of this degree will be effective decision makers in business and commerce.
- 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
- Use evidenced-based research techniques to support decisions
- Employ a range of tools of analysis pertinent to the evaluation of evidence in business sector
- 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
- Execute a project requiring research or real-world application
Graduates of this degree will have advanced professional knowledge and skills in the finance discipline in preparation for entry into the finance profession
- Evaluate and manage risks and returns in financial markets
- Understand and apply principles, theories and models pertaining to the finance discipline
- 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;
- 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
Completion of one entry point program is required.
The Master of Management (Finance) has two entry point programs: 200pt and 150pt programs.
The Master of Management (Finance) 200 Point (200pt) program consists of sixteen subjects, comprising five foundation subjects, three discipline core subjects, one capstone subject and seven elective subjects.
Students who wish to take more Foundation selective and/or Finance elective subjects can do so through selecting them in the General electives list and completing them as general elective subjects.
Students should visit the Majors, minors and specialisations page for specific entry point course structures. Students entering the course with 50 points of advanced standing should refer to the 150pt program.
Subject options (200pt program)
Foundation subjects
Students must complete all of the following subjects:
Foundation core subjects (the first semester of study)
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90004 | Accounting for Decision Making |
Summer Term (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECOM90009 | Quantitative Methods for Business |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90060 | Financial Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Students must complete two of the following subjects:
Foundation selectives
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90015 | Managerial Economics |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
MGMT90015 | Human Resource Fundamentals |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90018 | Managing Behaviour in Organisations |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MKTG90037 | Managing for Value Creation |
Summer Term (Dual-Delivery - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Discipline core subjects
Students must complete all of the following subjects:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90011 | Derivative Securities |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90018 | Corporate Financial Policy |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90056 | Investment Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - 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 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
Finance electives
Students must complete four subjects from following list:
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90016 | International Financial Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90045 | Financial Spreadsheeting | Semester 2 (On Campus - Parkville) |
12.5 |
FNCE90046 | Treasury Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90048 | Project Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90049 | Property Development and Investment | Semester 1 (On Campus - Parkville) |
12.5 |
FNCE90051 | Fundamentals of Portfolio Management | June (On Campus - Parkville) |
12.5 |
FNCE90057 | Ethics In Finance | June (Online) |
12.5 |
FNCE90086 | Behavioural Finance | Not available in 2023 | 12.5 |
FNCE90087 | Sustainable Investment | Semester 2 (On Campus - Parkville) |
12.5 |
General electives
Students must complete three subjects from any of the following lists:
Accounting electives
Code | Name | Study period | Credit Points |
---|---|---|---|
ACCT90002 | Financial Statement Analysis |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90005 | Analysis of Emerging Market Firms | Not available in 2023 | 12.5 |
ACCT90006 | Strategic Management Accounting | Not available in 2023 | 12.5 |
ACCT90007 | Assurance Practices | Not available in 2023 | 12.5 |
ACCT90008 | Acc.Information and Security Valuation | Not available in 2023 | 12.5 |
ACCT90009 | Strategic Cost Management |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90010 | Strategic Performance Management |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90012 | Corporate Reporting |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90013 | Financial Accounting Theory & Practice |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90014 | Auditing and Assurance Services |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90015 | Legal Issues for Business |
Semester 1 (Dual-Delivery - Parkville)
Winter Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90016 | Taxation for Business Decision Making |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90026 | Forensic Business Processes | Not available in 2023 | 12.5 |
ACCT90030 | Information Processes & Control |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ACCT90031 | Sustainability Reporting & Management | Semester 2 (On Campus - Parkville) |
12.5 |
BISY90009 | Managing Information Technology |
Summer Term (Online)
Semester 2 (On Campus - Parkville)
|
12.5 |
BUSA90520 | Data Wrangling and Visualisation |
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
|
12.5 |
MULT90014 | Business Risk Management | Winter Term (Online) |
12.5 |
Economics electives
Code | Name | Study period | Credit Points |
---|---|---|---|
ECON90016 | Environmental Economics and Strategy | Not available in 2023 | 12.5 |
ECON90025 | Cooperation and Conflict in World Trade | Not available in 2023 | 12.5 |
ECON90032 | Macroeconomics for Managers | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90045 | Microeconomics 2 | Semester 2 (On Campus - Parkville) |
12.5 |
ECON90047 | Macroeconomics 2 | Not available in 2023 | 12.5 |
Management electives
Code | Name | Study period | Credit Points |
---|---|---|---|
BUSA90529 | Building Entrepreneurial Ventures | November (On Campus - Parkville) |
12.5 |
IBUS90002 | Managing in Asia |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
IBUS90008 | Global Value Chains | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90011 | Managing Stakeholders | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90012 | Managing Diversity | Not available in 2023 | 12.5 |
MGMT90013 | Leadership and Team Dynamics | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90014 | HRM in the New World of Work | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90015 | Human Resource Fundamentals |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90016 | Performance and Reward Management | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90017 | HR Consulting | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90018 | Managing Behaviour in Organisations |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90025 | People and Change | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90026 | Supply Chain Management | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90027 | International Human Resource Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90030 | Managing Innovation | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90031 | Project Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90032 | Operations and Process Management | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90037 | Conflict and Negotiation |
Summer Term (Dual-Delivery - Parkville)
Winter Term (On Campus - Parkville)
November (On Campus - Parkville)
|
12.5 |
MGMT90038 | Global Corporate Governance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90140 | Management Competencies |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90141 | Business Analysis and Decision Making |
Summer Term (Dual-Delivery - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90146 | Strategic Management |
Summer Term (Dual-Delivery - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90148 | Consulting Fundamentals |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MGMT90165 | Social Entrepreneurship | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90176 | People and Capability | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90201 | Entrepreneurial Practice | Semester 2 (On Campus - Parkville) |
12.5 |
MGMT90208 | Sustainable Business Practices | Semester 1 (On Campus - Parkville) |
12.5 |
MGMT90261 | HR Analytics | November (On Campus - Parkville) |
12.5 |
MKTG90026 | Marketing Metrics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MKTG90037 | Managing for Value Creation |
Summer Term (Dual-Delivery - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
IBUS90003 | The Multinational |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Marketing electives
Code | Name | Study period | Credit Points |
---|---|---|---|
MKTG90001 | Omnichannel Retail | Semester 1 (On Campus - Parkville) |
12.5 |
MKTG90002 | New Product Development | Semester 1 (On Campus - Parkville) |
12.5 |
MKTG90003 | Public Relations | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG90004 | Marketing Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MKTG90006 | Branding | Semester 1 (On Campus - Parkville) |
12.5 |
MKTG90007 | Customer Experience Management | Semester 1 (On Campus - Parkville) |
12.5 |
MKTG90008 | Consumers and Consumption |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MKTG90009 | Advertising and Communications Strategy | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG90011 | Marketing Research |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MKTG90017 | Digital Business and Marketing | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG90033 | Neuromarketing | Semester 1 (On Campus - Parkville) |
12.5 |
MKTG90040 | Sales | Not available in 2023 | 12.5 |
MKTG90048 | B2B Marketing | Semester 2 (On Campus - Parkville) |
12.5 |
MKTG90049 | Marketing, Society and Sustainability | Semester 2 (On Campus - Parkville) |
12.5 |
Work Integrated Learning electives
Code | Name | Study period | Credit Points |
---|---|---|---|
BUSA90473 | Business Practicum |
Summer Term (On Campus - Parkville)
Semester 1 (Off Campus)
June (Off Campus)
|
12.5 |
BUSA90485 | Global Business Practicum |
Summer Term (Off Campus)
June (Off Campus)
November (Off Campus)
|
12.5 |
BUSA90525 | Business and Economics Internship |
Summer Term (Off Campus)
Semester 1 (Off Campus)
Semester 2 (Off Campus)
|
12.5 |
ENGR90039 | Creating Innovative Professionals |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Finance general electives
Code | Name | Study period | Credit Points |
---|---|---|---|
FNCE90016 | International Financial Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90045 | Financial Spreadsheeting | Semester 2 (On Campus - Parkville) |
12.5 |
FNCE90046 | Treasury Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90048 | Project Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90049 | Property Development and Investment | Semester 1 (On Campus - Parkville) |
12.5 |
FNCE90051 | Fundamentals of Portfolio Management | June (On Campus - Parkville) |
12.5 |
FNCE90057 | Ethics In Finance | June (Online) |
12.5 |
FNCE90086 | Behavioural Finance | Not available in 2023 | 12.5 |
FNCE90087 | Sustainable Investment | Semester 2 (On Campus - Parkville) |
12.5 |
Law electives
Code | Name | Study period | Credit Points |
---|---|---|---|
LAWS90125 | Fundamentals of Intellectual Property |
March (On Campus - Parkville)
August (On Campus - Parkville)
|
12.5 |
Majors, minors & specialisations
Name | Credit Points |
---|---|
150pt Program | 150 |
200pt Program | 200 |
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 (50 points of which must be core 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 (25 points of which must be core 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 (75 points of which must be core 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 (50 points of which must be core subjects).
Last updated: 19 April 2024