Master of International Finance
Course summary for local students
|Year||2016 course information|
Master of International Finance
|Campus||Offered at Burwood (Melbourne)|
|Length||2 years full-time or part-time equivalent|
|Next available intake|
March (Trimester 1), July (Trimester 2), November (Trimester 3)
|CSP annual fee (indicative) - commencing 2016||Not applicable|
|Full fee paying annual fee - commencing 2016||$26,000 - Full-fee paying place|
|Level||Higher Degree Coursework (Masters and Doctorates)|
Faculty of Business and Law - student advisers
|CRICOS course code||054577A|
|Deakin course code||M750|
- Course overview
- Professional recognition
- Fees and charges
- Career opportunities
- Course rules
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- How to apply
- Key dates
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
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 firstname.lastname@example.org 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.
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
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.
Refer to the details of each specialisation for availability.
|MAF707||Investments and Portfolio Management|
|MAF759||Quantitative Methods for Finance|
|MFT760/MAF760||International Finance #|
|MPT781/MPE781||Economics for Managers #|
|MPE711||Global Trade and Markets|
# MPT and MFT code denotes study tour version of the unit
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.
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
Some courses are available in Trimester 2 and 3 2016. Check our Midyear entry and Trimester 3 pages to see if direct applications are open for this course.
Applications for Trimester 2 and Trimester 3 must be made directly to the University through the Applicant Portal. For information on the application process and closing dates, see the Apply web page. Please note that closing dates may vary for individual courses.