Master of International Finance

Course summary for local students

Year2016 course information
Award granted

Master of International Finance

CampusOffered at Burwood (Melbourne)
Length2 years full-time or part-time equivalent
Next available intake

March (Trimester 1), July (Trimester 2), November (Trimester 3)*

CSP annual fee (indicative) - commencing 2016Not applicable
Full fee paying annual fee - commencing 2016$26,000 - Full-fee paying place
LevelHigher Degree Coursework (Masters and Doctorates)
Faculty contacts

Faculty of Business and Law - student advisers
Tel 03 9244 6555

CRICOS course code054577A
Deakin course code M750

For commencing trimester 2 students, please check with the Faculty of Business and Law for the availability of specialisations.

* availability of units in Trimester 3 may be limited

Course sub-headings

Course overview

The Master of International Finance is a specialist course which develops a professional capability in finance, with a particular emphasis on international trade and associated financial markets.

Finance professionals will be especially interested in the Master of International Finance as the coursework and research components have been designed to enhance professional practice in a range of financial domains. The course may also be attractive to others with an undergraduate degree, wanting to acquire a professional qualification in finance.

The course aims to provide a high level of education in finance issues and research methodologies appropriate to finance, and will improve professional practice in a range of finance domains.

Successful completion of the Graduate Certificate of International Finance* or the Graduate Diploma of International Finance allows articulation into the Master of International Finance.

* previously titled Graduate Certificate of Finance

Professional recognition

By selecting the appropriate combination of units within the Master of International Finance, students may gain membership of the Finance and Treasury Association (FTA), Financial Planning Association (FPA) and the Financial Services Institute of Australasia (FINSIA).

The Financial Planning specialisation may lead to credit for prior learning into the Financial Planner program as well as satisfy the requirements of the Australian Securities Investment Commission (ASIC) as an approved training course under RG146.

The completion of the core units, plus Enterprise Risk Management, will qualify students to apply for membership of the FTA.

Fees and charges

Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is considered a standard full time load for one year. Each unit you study has an EFTSL value. You can add these together to calculate your study load each year. Depending on enrolment, you may be enrolled in more than or less than the one EFTSL each year.

Commonwealth supported place (CSP)
Under the present legislation, a Commonwealth supported place is one for which the University receives some Government funding. Students enrolled in these places are required to contribute part of their course costs. To be eligible for a Commonwealth supported place you must be an Australian citizen, or New Zealand citizen or holder of a permanent visa who will be residing in Australia for the duration of your study.

The current Federal Government has proposed a number of major reforms for the higher education sector (see the Higher Education and Research Reform Amendment Bill 2014), including fee deregulation in respect of domestic student fees. This legislation may be reintroduced to the parliament in the latter half of 2015 and if passed, will impact on the CSP and FFP course fees applicable in 2016.

* Therefore, the indicative annual course fee shown is provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2015, and reflects the cost involved in undertaking full-time study within the specified discipline. The 2016 CSP and FFP course fees may change if the Commonwealth Government's proposed fee deregulation and reforms legislation is passed.

The actual fees charged by Deakin University, will depend on the individual unit discipline and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2016 can be viewed from the Unit Search. Should a change in Government policy affect the cost of units offered, the website will be updated as soon as possible.

Full fee paying (FFP)
A full fee paying place is one which the University does not receive any Government funding. Students enrolled in these places contribute the full cost of their course.

Domestic full-fee paying places are available to Australian citizens, New Zealand citizens or holders of a permanent visa.

The actual course fees charged by Deakin University, is based on the course and the study load (EFTSL) being undertaken. The study load (EFSTL) value of each unit offered in 2016 can be viewed from the Unit Search.

Fee information for all domestic students
The fees per course/unit/credit point may be otherwise subject to an annual increase due to rises in the cost of course delivery and service.

This indicative and annual course fees provided are a guide only. No representation is made that the information provided is current or accurate. Deakin assumes no responsibility for persons relying on indicative course fees to calculate the total future cost of their course. Applicants can email au for more information about 2016 fees.

Fee payment assistance
Australian citizens or holders of a permanent humanitarian visa, enrolling in a CSP or FFP, may be eligible for HECS-HELP or FEE-HELP respectively. For more information about HECS-HELP or FEE-HELP visit the Study Assist website.

Career opportunities

A wide range of career paths in Australia and internationally are open to finance graduates, ranging from those who depend on people skills (such as client account managers) to those who depend on technical skills (such as security analysts or dealers). Typically, finance graduates work in stockbroking firms, financial institutions, manufacturing businesses and in government, among others

Course rules

The Master of International Finance requires completion of 16 credit points comprising 8 credit points of core units, 4 credit points selected from a specified list and 4 credit points of elective units that can be selected to form a specialisation.


Refer to the details of each specialisation for availability.

Advanced Finance

Finance Research Project

Financial Planning

Risk Management

Course structure

Core units

MAF702Financial Markets

MAF707Investments and Portfolio Management

MAF759Quantitative Methods for Finance

MFT760/MAF760International Finance #

MPT781/MPE781Economics for Managers #

MPT753/MPF753Finance #

MPA702Financial Interpretation

MPE711Global Trade and Markets

Elective units

Plus 4 credit points of units from:

MAF703Applied Corporate Finance

MAF704Treasury and Risk Management

MAF711Modelling Techniques for Finance

MAF713Futures, Options and other Derivatives

MAF723Business and Financial Econometrics

MAF767Treasury Dealing

Select 4 credit points of units from the remaining electives, or from the range of listed specialisations, or a combination of both.

Students may study other postgraduate units offered by the Faculty of Business and Law, subject to approval by the Course Team Chair.

# MPT and MFT code denotes study tour version of the unit

Course Learning Outcomes

Graduate Learning Outcome Course Learning Outcome
Discipline specific knowledge and capabilities Develop an advanced and integrated understanding of finance theory, financial models and demonstrate how this specialised knowledge can be applied in the field of international financial markets to optimise financial outcomes
Communication Convey complex financial information and recommendations in writing and orally for both financial specialists and non-financial audiences
Digital literacy Apply appropriate digital technologies to find, use, manage and disseminate complex financial data, information and ideas.
Critical thinking Conduct research to critically analyse a range of complex finance related information to make informed investing and financing decisions for corporates, the investing community and business at large.
Problem solving Apply a range of techniques, including research and analytical skills, from finance, accounting and business to create solutions to real-world and complex finance issues.
Self-management  Demonstrate the ability to work and learn independently and show personal responsibility.
Teamwork Foster a constructive environment through ongoing academic collaboration
Global citizenship Reflect on different  international, ethical and regulatory perspectives in addressing issues faced by finance professionals

Entry requirements - general

Deakin University offers admission to postgraduate courses through a number of Admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
For more information on the Admission Criteria and Selection Policy visit The Guide.

Entry requirements - specific

Minimum entry requirements:
- Bachelor degree in any discipline


- Masters degree


- Graduate certificate in related discipline and 5 years relevant work experience.

Applicants  may be eligible for Credit for Prior Learning for appropriate units of completed postgraduate study.

Credit for prior learning - general

The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.

You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree.

How to apply

Applications must be made directly to the University through the Applicant Portal.  Details of available courses and application closing dates can be found on the Apply webpage. Please note that closing dates may vary for individual courses.

Your course may require further information in support of your application. Please refer to the faculty information website for further details.