Indicative annual fees are based on a full year full time load (80 units). Find out more about fees
For additional information about this degree you can refer to the pages for the corresponding single degrees:
Master of Business Administration (MBA), and Master of Applied Finance
International Excellence Scholarship
Management, Accounting and Finance
Africa Excellence Scholarships
Program handbook
Description
This combined degree program allows students to undertake studies in the more general business disciplines of the Master of Business Administration while also studying the specific Applied Finance courses of the Master of Applied Finance. The Master of Business Administration program is designed to provide students with a range of analytic, strategic and leadership skills which will prepare them for increasingly competitive careers in business management in the corporate and public sectors.
The program offers a grounding in fundamental business areas such as accounting, finance, organisational behaviour, economics, marketing and management. Analytic and problem solving skills are emphasised through an applied understanding of the theoretical framework within which today’s managers must operate, as well as the acquisition of practical skills in teamwork, writing, presentation and time-management. The ability to cope with rapid organisational and technological change is developed through an understanding of organisational behaviour, information systems and organisational change and development.
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 analysis 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:
- Effective oral and written skills to communicate complex business management information to a variety of audiences
Details
Information correct as at | Mar 19, 2024 8:07 pm |
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Program code | 40145 |
AQF level | Level 9 Masters Degree (Coursework) |
Locations and UAC codes |
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Duration |
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Term type | Trimesters |
Fees |
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Relevant University rules and policies |
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CRICOS Code | 084250J |
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Admission information
Admission requirements
Entry into the Master of Business Administration/Master of Applied Finance will be available for applicants who have:
- Bachelor (Honours) Degree, or an equivalent or higher qualification; or
- Bachelor Degree, or an equivalent qualification, in a related field such as accounting, business, commerce, economics, finance, human resource management, industrial relations, management, marketing; or
- Bachelor Degree, or an equivalent qualification, not in a related field and 1 year relevant organisational experience; or
- At least 7 years' relevant 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.
Academic requirements for program completion
Total units required
160 units
Program duration
2 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 Business Administration/Master of Applied Finance requires students to successfully complete 160 units, which is comprised of:
- 130 units of core courses;
- 30 units of courses chosen from the course list.
Program planner
Current students program planner
Current students can plan their program using 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
- 2023 Transition Arrangements 131.4 KB
- 2024 Transition Arrangements 705.8 KB
Transition arrangements
Program Revision 2024
From Trimester 1, 2024 the Master of Business Administration/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.
If you have any questions about this change please contact your program advisor.
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 Business Administration/Master of Applied Finance were implemented from Trimester 2, 2020:
- Program structure changed from 150 units of Core courses + 10 units of Directed courses to 140 units of Core courses + 20 units Directed courses
- GSBS6001 Managing Under Uncertainty was moved from the Core course list to the Directed course list
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.
Advanced course filters
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. | |||
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Code | Title | Term / Location | Units |
GSBS6004 | Organisational Behaviour and Design |
| 10 units |
GSBS6005 | Marketing Management and Planning |
| 10 units |
GSBS6060 | Strategic Management |
| 10 units |
GSBS6142 | Derivatives and Risk Management |
| 10 units |
GSBS6144 | Financial Institutions Management |
| 10 units |
GSBS6145 | International Financial Management |
| 10 units |
GSBS6147 | Investment and Portfolio Management |
| 10 units |
GSBS6200 | Financial and Management Accounting |
| 10 units |
GSBS6484 | Corporate Governance and Social Responsibility |
| 10 units |
GSBS6506 | Financial Statement Analysis |
| 10 units |
GSBS6514 | Leadership in Contemporary Organisations |
| 10 units |
PACC6003 | Corporate Finance |
| 10 units |
PACC6008 | Business Decision Making |
| 10 units |
Course List
Students must choose 30 units from the course list. | |||
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Code | Title | Term / Location | Units |
GSBS6001 | Managing Under Uncertainty |
| 10 units |
GSBS6003 | Globalisation |
| 10 units |
GSBS6012 | Entrepreneurship and Innovation |
| 10 units |
GSBS6148 | Digital Innovations in Financial Markets |
| 10 units |
GSBS6410 | Economics of Competitive Advantage |
| 10 units |
GSBS6516 | Ethics in Financial Services | Not currently offered | 10 units |
GSBS6517 | Behavioural Finance and Client Relationships | Not currently offered | 10 units |
LEGL6006 | Financial Service Regulations and Law | Not currently offered | 10 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.
Applying for Master of Business Administration / Master of Applied Finance
Before you get started
To ensure that the process goes smoothly for you, you should complete the following steps before applying:
- Review the program that you wish to apply for. Note the admission criteria, admission instructions, requirements & structure and any additional information listed.
- Review the program fees and costs.
- Check whether your postgraduate program has a Semester or a Trimester closing date. Please view the application closing date.
- If you are from a non-English-speaking background, you need to satisfy the University's English language requirements and ensure that you can provide evidence of your English proficiency if required.
You will be considered for entry based on criteria such as your undergraduate studies and/or equivalent prior learning and/or relevant work experience.
Other things to consider
Make sure you double check the special entry requirements, assumed knowledge or recommended studies for the degree:
Entry into the Master of Business Administration/Master of Applied Finance will be available for applicants who have:
- Bachelor (Honours) Degree, or an equivalent or higher qualification; or
- Bachelor Degree, or an equivalent qualification, in a related field such as accounting, business, commerce, economics, finance, human resource management, industrial relations, management, marketing; or
- Bachelor Degree, or an equivalent qualification, not in a related field and 1 year relevant organisational experience; or
- At least 7 years' relevant 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
You can look at Uni prep for options to brush up on knowledge before you start.
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