Program handbook

Description

The Master of Applied Finance provides graduates from diverse undergraduate disciplines with training and analytical skills in finance. Students will gain core financial management skills, an understanding of Australian and international financial markets, knowledge of derivative assets and markets, analytical skills for interpreting and analysing developments in finance practice, and applied knowledge of various specialised aspects of the finance industry.


Program learning outcomes

On successful completion of the program students will have:

  • Communicate complex financial information and outcomes orally
  • Communicate complex financial information and outcomes in writing to various audiences
  • Work effectively in a team-based environment to apply the principals and methods of finance in a scholarly and professional context
  • Engage in high-level critical thinking and analytical problem-solving
  • Demonstrate specialised knowledge of complex theory and models relevant to applied finance and master their application
  • Display expertise in the utilisation of information and technology in financial contexts
  • Apply advanced financial management skills that incorporate an in-depth understanding of ethical, professional and regulatory standards, and economic and global issues
  • Apply relevant theories, principles and methodologies to research in financial decision making

Details

Information correct as atApr 20, 2024 10:27 am
Program code12374
AQF level

Level 9 Masters Degree (Coursework)

Locations and UAC codes
Mode of delivery
  • Face to Face
Duration
  • Australian students - 1.5 years full-time or part-time equivalent.
  • International students - 1.5 years full-time.
Term typeTrimesters
Fees
Relevant University rules and policies
CRICOS Code102237H

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Admission information

Admission requirements

Entry into the Master of Applied Finance will be available for applicants who have:

  • Bachelor Degree, or an equivalent or higher qualification, in the discipline; or
  • Bachelor Degree, or an equivalent or higher qualification, not in the discipline and 1 year relevant organisational experience; or
  • At least 7 years' organisational experience, including 2 years in a management position; or
  • Successful completion of 75% (30 units) of one of the following University of Newcastle programs:
    • Graduate Certificate in Business Administration
    • Graduate Certificate in Applied Finance
    • Graduate Certificate in Human Resource Management
    • Graduate Certificate in Marketing
    • Graduate Certificate in Professional Accounting

English Language Requirements

All Applicants must demonstrate that they meet the University’s English proficiency requirement. Further information regarding English language proficiency requirements can be found at the English Language Proficiency for Admission Policy here.

  • IELTS Overall Minimum: 6.5
  • IELTS Sub Test Minimum: 6

Credit transfer

If you wish to apply for credit for studies completed at another institution, or if you are changing programs within the University and wish to transfer your credit to the new program, visit the University's credit website for more information on applying for credit.


Professional recognition

Australian Securities and Investment Commission

This program meets the RG146 knowledge and skills requirements of the Australian Securities and Investments Commission (ASIC) in the following areas: Financial Planning, Securities, Derivatives, Managed Investments, Foreign Exchange, Superannuation, Deposit products and non-cash payment facilities, Generic Knowledge and Skills. Students wishing to gain ASIC RG146 compliance need to complete the courses listed below: GSBS6140 Investment Analysis GSBS6142 Derivatives and Risk Management GSBS6143 Applied Portfolio Management GSBS6144 Financial Institutions Management GSBS6145 International Financial Management GSBS6150 Individual Financial Planning


Academic requirements for program completion

Total units required

120 units

Program duration

1.5 years full-time or part-time equivalent up to 6 years maximum.

International students studying this program on campus are required to enrol full time to comply with their student visa requirements and complete their study in the standard minimum program duration. International students requiring enrolment advice should review the program plan corresponding to the semester and year of commencement and can contact their Program Advisor at ProgramAdvice@newcastle.edu.au

Program requirements

The Master of Applied Finance requires students to successfully complete 120 units, which is comprised of: 

  • 80 units of core courses; 
  • 40 units of courses chosen from the course list. 

Program planner

Current students program planner

Current students can plan their program using Program Planner.

Program Planner

Prospective student degree planner

If you're a prospective student considering studying this degree take a look at My Degree Planner to see what your study journey will look like.

Additional documents


Transition arrangements

Please note that Directed course lists are now referred to as Course Lists.

Program Revision 2024

From Trimester 1, 2024 the Master of Applied Finance has been revised. Students who commenced prior to Trimester 1, 2024 should refer to the 2024 Transition Arrangements in the Additional Documents section for more details.

Program Revision 2023

From 2023:

  • PACC6003 will replace GSBS6130 as a core course. Students who have successfully completed GSBS6130 will not be required to complete PACC6003.
  • PACC6008 will replace GSBS6002 as a core course. Students who have successfully completed GSBS6002 will not be required to complete PACC6008.

Program Structure Change – Trimester 2, 2020

The following changes to the Master of Applied Finance were implemented from Trimester 2, 2020:

  • Program structure changed from 100 units of Core courses + 20 units of Directed courses to 90 units of Core courses + 30 units Directed courses
  • GSBS6001 Managing Under Uncertainty was moved from the Core course list to the Directed course list
  • GSBS6003 Globalisation and GSBS6012 Entrepreneurship and Innovation were added to the Directed course list (however students are only permitted to complete one of either GSBS6003 OR GSBS6012 as a Directed course)

Any student who had completed GSBS6001 Managing Under Uncertainty as a Core course will now count GSBS6001 as a Directed course toward their program.

Please note that Directed course lists are now referred to as Course lists. 

Any further questions should be directed to your program advisor.


Program structure

Students can plan their program using Program Planner. It is recommended students review the program handbook in conjunction with using Program Planner.

Courses that are currently unavailable are hidden by default. You can show them by adjusting the advanced course filters above, or clicking the 'show all' links below each section.

Core Courses

Complete the following core courses to fulfil the requirements of this program.

CodeTitleTerm / Location Units
GSBS6142Derivatives and Risk Management
  • Trimester 2 - 2024 (Newcastle City Precinct)
10 units
GSBS6144Financial Institutions Management
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Newcastle City Precinct)
10 units
GSBS6145International Financial Management
  • Trimester 2 - 2024 (Newcastle City Precinct)
10 units
GSBS6147Investment and Portfolio Management
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Newcastle City Precinct)
10 units
GSBS6200Financial and Management Accounting
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 1 - 2024 (Online)
  • Trimester 1 - 2024 (Sydney CBD)
  • Trimester 2 - 2024 (Singapore) (Singapore)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 2 - 2024 (Online)
  • Trimester 3 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Online)
  • Trimester 3 - 2024 (Sydney CBD)
10 units
GSBS6506Financial Statement Analysis
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Newcastle City Precinct)
10 units
PACC6003Corporate Finance
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 1 - 2024 (Online)
  • Trimester 1 - 2024 (Sydney CBD)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 2 - 2024 (Sydney CBD)
  • Trimester 3 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Sydney CBD)
10 units
PACC6008Business Decision Making
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 1 - 2024 (Online)
  • Trimester 1 - 2024 (Sydney CBD)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Singapore) (Singapore)
  • Trimester 3 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Online)
  • Trimester 3 - 2024 (Sydney CBD)
10 units

Course List

Choose 40 units from the following course list. Note: Students may complete only one of either GSBS6003 or GSBS6012 toward the 40 unit requirement.

CodeTitleTerm / Location Units
GSBS6001Managing Under Uncertainty
  • Trimester 1 - 2024 (Singapore) (Singapore)
  • Trimester 1 - 2024 (NAIHES)
  • Trimester 1 - 2024 (Online)
  • Trimester 2 - 2024 (Singapore) (Singapore)
  • Trimester 2 - 2024 (NAIHES)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 2 - 2024 (Sydney CBD)
  • Trimester 3 - 2024 (Singapore) (Singapore)
  • Trimester 3 - 2024 (Online)
10 units
GSBS6003Globalisation
  • Trimester 1 - 2024 (NAIHES)
  • Trimester 1 - 2024 (Newcastle City Precinct)
  • Trimester 1 - 2024 (Sydney CBD)
  • Trimester 2 - 2024 (Singapore) (Singapore)
  • Trimester 2 - 2024 (Online)
  • Trimester 3 - 2024 (NAIHES)
  • Trimester 3 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Sydney CBD)
10 units
GSBS6012Entrepreneurship and Innovation
  • Trimester 1 - 2024 (Online)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 3 - 2024 (Online)
10 units
GSBS6148Digital Innovations in Financial Markets
  • Trimester 2 - 2024 (Newcastle City Precinct)
10 units
GSBS6410Economics of Competitive Advantage
  • Trimester 1 - 2024 (Singapore) (Singapore)
10 units
GSBS6484Corporate Governance and Social Responsibility
  • Trimester 1 - 2024 (Online)
  • Trimester 2 - 2024 (Singapore) (Singapore)
  • Trimester 2 - 2024 (NAIHES)
  • Trimester 2 - 2024 (Newcastle City Precinct)
  • Trimester 2 - 2024 (Sydney CBD)
  • Trimester 3 - 2024 (Singapore) (Singapore)
  • Trimester 3 - 2024 (Online)
10 units
GSBS6516Ethics in Financial ServicesNot currently offered10 units
GSBS6517Behavioural Finance and Client RelationshipsNot currently offered10 units
LEGL6006Financial Service Regulations and LawNot currently offered10 units

Additional information

Through the Pathways and Academic Learning Support Centre, students can access a free suite of NUPrep preparation courses as well as Academic Learning Support.

Aboriginal and Torres Strait Islander students can draw on the assistance and support provided by the Indigenous Student Support and Development service through the Wollotuka Institute.


International students

All International Students enrolled in the program will be provided with an orientation to familiarise them with the rules, expectations, facilities and services offered by the University. Please visit our International Students website to find out more about the support services available to international students.


Additional support

AccessAbility provides advice and reasonable adjustments to Students with a medical or health condition or disability. If you require adjustments to undertake your program, contact the Student Support Advisors - AccessAbility before semester or early in the semester. They will work with the College or School to ensure that this happens in a timely manner.

Please note: All students must fulfil the inherent requirements of the programs and courses they are undertaking. While reasonable adjustments can be made, these adjustments cannot compromise academic integrity. It is the student's responsibility to check all the requirements of courses, and consider the effects of any medical condition or disability on their ability to complete course requirements. More information is available online.