Master of International Finance
Course summary for local students
|Year||2017 course information|
Master of International Finance
|Campus||Offered at Burwood (Melbourne)|
1.5 to 2 years full-time or part-time equivalent
|Next available intake|
2016: November (Trimester 3)
2017: March (Trimester 1), July (Trimester 2), November (Trimester 3)
|CSP annual fee (indicative) - commencing 2017||Not applicable|
|Full fee paying annual fee - commencing 2017||$27,000 for 1 yr full-time - Full-fee paying place|
Faculty of Business and Law - student advisers
|Level||Higher Degree Coursework (Masters and Doctorates)|
|CRICOS course code||054577A|
|Deakin course code||M750|
|Approval status||This course is approved by the University under the Higher Education Standards Framework.|
|Australian Quality Framework (AQF) recognition||The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.|
- Course overview
- Professional recognition
- Fees and charges
- Career opportunities
- Course Learning Outcomes
- Course rules
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- How to apply
Finance professionals will be especially interested in Deakin’s 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 will give you an understanding of the modern financial techniques underpinning investment, financing and risk management decisions of multinational corporations. You’ll cover international financial markets, international corporate governance, alternative investments, derivative securities and international portfolio management.
You’ll develop analytical skills for making key financial management decisions, including time-value-of money and risk-return analysis, plus you’ll learn how to apply basic mathematics to solve real-world financial decision problems. Through practice, you’ll become adept to various digital technologies used to process complex financial data, information and ideas.
This course aims to provide a high-level education in finance issues and research methodologies. Depending on your unit choice, you may be eligible for membership to Finance and Treasury Association, Financial Planning Association and the Financial Services Institute of Australasia.
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
The tuition fees you pay will depend on the type of fee place you hold.
- If you are enrolled in a Commonwealth supported place, your tuition fees are calculated depending on the units you choose.
- If you are enrolled in a full fee paying place, your tuition fees are calculated depending on the course you choose.
In both cases, the ‘Estimated tuition fee’ is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Credit for Prior Learning you have.
Each unit you enrol in has a credit point value. The ‘Estimated tuition fee’ is calculated by adding together 8 credit points of a typical combination of units for that course. Eight credit points is used as it represents a typical full-time enrolment load for a year.
You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.
Learn more about fees and available payment options.
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 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|
|Approved by Faculty Board October 2014|
To complete the Master of International Finance, students must attain a total of 16 credit points, consisting of 8 credit points of core units and 8 credit points of elective units (including 4 from a specified list) that may include a specialisation. Most units (think of units as 'subjects') are equal to 1 credit point.
Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature.
Refer to the details of each specialisation for availability.
|MAF707||Investments and Portfolio Management|
|MPE781||Economics for Managers|
|MPE711||Global Trade and Markets|
Plus 4 credit points of units from:
|MAF703||Applied Corporate Finance|
|MAF704||Treasury and Risk Management|
|MAF711||Modelling Techniques for Finance|
|MAF713||Futures, Options and other Derivatives|
|MAF723||Business and Financial Econometrics|
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.
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 in any discipline
- Graduate certificate in related discipline and 5 years relevant work experience
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 and how to apply for credit.
How to apply
Applications for this course can be made directly through our Applicant Portal.
For more information on the application process, visit our Apply webpage. Please note that closing dates may vary for individual courses.
As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.