Master of International Finance

Postgraduate coursework

With emphasis on international trade and financial markets, studying a Master of International Finance enhances your global knowledge. Learn more.

Key facts

English language requirements

IELTS overall score of 6.5 (with no band score less than 6) or equivalent

Duration

Depending on your professional experience and previous qualifications, the Master Interational Finance is typically 1, 1.5 or 2 years duration.

  • 1 year full time (2 years part time) – 8 credit points
  • 1.5 years full time (3 years part time) – 12 credit points
  • 2 years full time (4 years part time) – 16 credit points

Deakin courses can also be studied part time over a longer period.

 

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course information

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 financial knowledge 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.

Read More

Course structure

The Master of International Finance is typically 8, 12 or 16 credit points. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money.

For students undertaking 16 credit points, you study 11 credit points of core units and 5 credit points of elective units, plus completion of MAI010 Academic Integrity (0 -credit point compulsory unit). 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.

11

Core units

5

Elective units

16

Total units

Core units

  • Academic Integrity MAI010 (0 credit points)
  • Financial Markets MAF702
  • Applied Corporate Finance MAF703
  • Investments and Portfolio Management MAF707
  • Modelling Techniques for Finance MAF711
  • Futures, Options and other Derivatives MAF713
  • Analytical Methods MAF759
  • International Finance MAF760
  • Financial Interpretation MPA702
  • MPT781/MPE781Economics for Managers ^
  • Global Trade and Markets MPE711
  • Finance MPF753
  • ^ MPT code denotes Study Tour version of the unit

    Elective units

    Plus 5 credit points of units from:

  • Enterprise Risk Management MAA754
  • Treasury and Risk Management MAF704
  • Treasury Dealing MAF767
  • Postgraduate Work Integrated Learning units:

  • Consultancy Experience MWL716
  • Cultural Experience MWL705
  • Entrepreneurship Experience MWL717
  • Industry Based Learning MWL715
  • Internship MWL718
  • Or any other Faculty of Business and Law unit not previously studied.

    Specialisations

    Refer to the details of each specialisation for availability.

    From Trimester 2 2018: Available to continuing students only

    Key information

    Award granted

    Master of International Finance

    Year

    2020 course information

    Deakin code
    M750
    CRICOS code?
    054577A
    Level
    Higher Degree Coursework (Masters and Doctorates)
    Approval status
    This course is approved by the University under the Higher Education Standards Framework.
    Australian Qualifications Framework (AQF) recognition
    The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

    Campuses by intake

    Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.

    Trimester 1 - March

    • Start date: March
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 2~ - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 3* - November

    • Start date: November
    • Available at:
      • Cloud Campus

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

    * The availability of units in trimester 3 may be limited.

    Additional course information


    Course duration - additional information
    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    Workload

    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.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

    Work experience

    This course provides students the opportunity to complete one or more elective work integrated learning units.

    More information: WIL Programs

    Entry requirements

    Entry information

    Deakin University offers admission to postgraduate courses through a number of Admission categories. To be eligible for admission to this program, applicants must meet the course requirements.

    All applicants must meet the minimum English language requirements.

    Please note that meeting the minimum admission requirements does not guarantee selection, which is based on merit, likelihood of success and availability of places in the course.

    For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit the Deakin Policy Library

    Minimum admission criteria:

    Admission to study postgraduate coursework at Deakin is based on recognition of your professional experience and previous qualifications.

    1 year full time (2 years part time) – 8 credit points

    Admission is based on:

    • Bachelor honours (AQF8) degree in a related discipline, or
    • Bachelor degree in a related discipline, plus two years relevant work experience, or
    • Graduate certificate or graduate diploma in a related discipline, or
    • Evidence of academic capability judged to be equivalent.

    1.5 years full time (3 years part time) – 12 credit points

    Admission is based on:

    • Bachelor degree in a related discipline, or
    • Bachelor degree in any discipline, plus two years relevant work experience, or
    • Evidence of academic capability judged to be equivalent.

    2 years full time (4 years part time) – 16 credit points

    Admission is based on:

    • Bachelor degree or other qualification at a higher AQF level in any discipline, or
    • Successful completion of Masters Qualifying Program (MQP)
    • Evidence of academic capability judged to be equivalent.

    IELTS / English language requirements

    Please note that English language requirements exist for entry to this course and you will be required to meet the English language level requirement that is applicable in the year of your commencement of studies.

    It is the students’ responsibility to ensure that she/he has the required IELTS score to register with any external accredited courses. (more details)

    Recognition of prior learning

    If you have completed previous studies which you believe may reduce the number of units you have to complete at Deakin, indicate in the appropriate section on your application that you wish to be considered for Recognition of Prior Learning. You will need to provide a certified copy of your previous course details so your credit can be determined. If you are eligible, your offer letter will then contain information about your Recognition of Prior Learning.
    Your Recognition of Prior Learning is formally approved prior to your enrolment at Deakin during the Enrolment and Orientation Program. You must bring original documents relating to your previous study so that this approval can occur.

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

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place

    The tuition fees you pay are calculated depending on the course you choose.

    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 Recognition of 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.

    Scholarship options

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 15% reduction per unit on your enrolment fees. Your Immediate Family Members may also be eligible to apply for this bursary.

    Learn more about Deakin’s 15% postgraduate bursary

    Apply now

    How to apply

    Apply through Deakin

    Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service. For information on the application process and closing dates, see the How to apply web page. Please note that closing dates may vary for individual courses.


    Deakin International office or Deakin representative

    Fill out the application form and submit to a Deakin International office or take your application form to a Deakin representative for assistance


    Need more information on how to apply?

    For information on the application process and closing dates, see the How to apply webpage
    If you’re still having problems, please contact Deakin International for assistance.


    Entry pathways

    If you have a bachelor degree in the same discipline*, you may be eligible for credit for 4 credit points (units) which means you need to complete 1.5 years full-time, or part-time equivalent (12 credit points) If you have a bachelor degree in any discipline and 5 years of relevant work experience^, you may be eligible for credit for 4 credit points (units) which means you need to complete 1.5 years full-time, or part-time equivalent (12 credit points)

    Tap image to expand

    * A shorter course duration is available to students entering from a same discipline background. A 'same discipline' award for this course is a Bachelor degree in Finance, or a Bachelor degree in Commerce or Management or Business with a major sequence in Finance.
    ^ Relevant work experience is business experience either in a finance role or a managerial position with business oversight responsibilities in a finance related field, such as financial consulting, financial analysis, treasury management, corporate finance, fund management and banking.

    Alternative exits

    Frequently asked questions

    What are the key study start dates?

    Browse all start and finish dates for Deakin’s main study periods. You’ll also find dates relating to applications and prospective student events, plus a list of all public holidays and study breaks.

    How much does it cost to study at Deakin?

    Your tuition fees will depend on the type of student you are, the course you study and the year you start. Fees are based on an annual amount; they don't cover the entire duration of the course.

    Use our fee estimator to gauge what your fees could be per year.

    Can I speak to someone in person about my study options?

    Yes! We regularly host a range of events including 1:1 consultations and information sessions, to assist you with your study options and career planning. Check out our upcoming events or contact our Prospective Student Enquiry Centre on 1800 693 888 for more information.

    Am I eligible for a scholarship with this course?

    Scholarships are available for domestic and international students at all study levels. Find a scholarship that works for you.

    Can I claim recognition of prior learning (RPL) for this course?

    In some courses, you can reduce your overall study time and tuition cost by getting your work and previous study experience recognised as recognition of prior learning (RPL).

    Why choose Deakin

    Career outcomes

    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 and in government, among others

    Professional recognition

    By completing the Master of International Finance, you may gain membership or eligibility to apply for membership at the Finance and Treasury Association (FTA) and the Financial Services Institute of Australasia (FINSIA), two leading professional bodies for Finance professionals.

    Course learning outcomes

    Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.

    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
       

     

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