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Master of Finance (Enhanced) (MC-FINENH) // Course structure
About this course
Director
Andre Gygax
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
Course structure
The Master of Finance (Enhanced) requires successful completion of 200 points which includes four compulsory subjects, at least four core subjects and two capstone subjects. The Master of Finance (Enhanced) (MC-FINENH) degree extends the Master of Finance (MC-FINANCE) degree by allowing students to undertake an additional 50 credit points comprising international exchange, or additional electives in a fourth semester of study.The course can be taken over four semesters of full-time study (or eight semesters of part-time study). The first semester of study comprises the four compulsory subjects. The capstone subjects are usually taken in the second and third semesters of study.
Capstone
Students must undertake two subjects (25 credit points) to complete the capstone requirement.
Students may take the research pathway as their capstone. The two subjects that make up the research pathway are designed for students who intend to pursue a graduate research program (conditional upon meeting eligibility criteria).
Students wishing to take the research pathway are required to meet the eligibility requirement to enrol in the applied research report subjects (refer to Course Structure). The research option provides a solid training in planning and executing a research-based project.
Semester 1
(50 credit points)
Students must complete the following four compulsory subjects:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECON90033 | Quantitative Analysis of Finance I |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON90034 | Economics of Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ACCT90002 | Financial Statement Analysis |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| FNCE90047 | Financial Markets and Instruments |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Semesters 2, 3 & 4
(50 credit points each semester)
Students must complete at least four of the following finance subjects:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| FNCE90012 | Corporate Restructuring and Valuation |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| FNCE90084 | Applied Machine Learning in Finance | Semester 2 (On Campus - Parkville) |
12.5 |
| FNCE90080 | Applied Investment Management | Semester 1 (On Campus - Parkville) |
12.5 |
| FNCE90083 | Data Analysis for Finance | Semester 1 (On Campus - Parkville) |
12.5 |
| FNCE90082 | Applied Risk Management | Semester 2 (On Campus - Parkville) |
12.5 |
| FNCE90057 | Ethics In Finance | June (On Campus - Parkville) |
12.5 |
| FNCE90081 | Applied Research Project | Semester 2 (On Campus - Parkville) |
12.5 |
Students may choose up to six of the following elective subjects:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| FNCE90016 | International Financial Management |
Semester 1 (On Campus - Parkville)
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 |
| FNCE90064 | Emerging Markets Finance | Not available in 2026 | 12.5 |
| BUSA90473 | Business Practicum |
Semester 1 (Extended) (Off Campus)
Semester 2 (Extended) (Off Campus)
|
12.5 |
| BUSA90485 | Global Business Practicum |
Summer Term (Off Campus)
November (Off Campus)
|
12.5 |
| MGMT90146 | Strategic Management |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| ECON90010 | Quantitative Analysis of Finance II | Semester 1 (On Campus - Parkville) |
12.5 |
| BUSA90525 | Business and Economics Internship |
January (Off Campus)
Semester 1 (Extended) (Off Campus)
Semester 1 (Extended) (On Campus - Parkville)
Semester 2 (Extended) (Off Campus)
Semester 2 (Extended) (On Campus - Parkville)
|
12.5 |
| FNCE90086 | Behavioural Finance | Semester 2 (On Campus - Parkville) |
12.5 |
| FNCE90087 | Sustainable Investment | Semester 2 (On Campus - Parkville) |
12.5 |
Or any other subject consistent with the course learning outcomes, as approved by the Program Director.
The following elective subjects are recommended for students who wish to undertake the research pathway as the capstone.
Please note there are prerequisite requirements for these subjects.
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| FNCE90002 | Foundations of Finance | Semester 2 (On Campus - Parkville) |
12.5 |
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| ECON90063 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
| FNCE90042 | Finance Theory - Corporate Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| FNCE90041 | Finance Theory - Investments | Semester 1 (On Campus - Parkville) |
12.5 |
Capstone requirement
Students can complete the capstone requirement in one of two ways:
Industry Project pathway option - students completing this option must complete the following two capstone subjects:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| FNCE90085 | Communicating Current Issues in Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
| FNCE90013 | Case Studies in Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Research pathway option - students completing this option must complete the following two capstone subjects:
| Code | Name | Study period | Credit Points |
|---|---|---|---|
| FNCE90081 | Applied Research Project | Semester 2 (On Campus - Parkville) |
12.5 |
| FNCE90094 | Advanced Applied Research Project | Not available in 2026 | 12.5 |
*Students completing the research pathway for the Capstone requirement will require Program Director approval.
**To enrol in FNCE90094 Advanced Applied Research Project, students must have completed FNCE90081 Applied Research Project (Pathway B).
Last updated: 10 March 2026