​​​​​​​Area of Study

Browse the list of study areas available for postgraduate study

 



​​​​​​​​​​​​​​​​​Search Degrees​​

Find a degree, course or interest

The Master of Financial Analysis helped Frances land her dream job

Master of Financial Analysis

Gain critical financial service skills with the UNSW Master of Financial Analysis. Customise your education from a broad selection of advanced finance and accounting topics.

  • Overview
  • Structure
  • Entry requirements
  • How to apply
  • Career opportunities
  • FAQs

The Master of Financial Analysis at UNSW Sydney provides a solid grounding in high level skills that are critical for advancing in financial services careers. From investment analysis and fund management to the CFO role, draw upon innovative research and world-class teaching to reach your career goals.

Master of Financial Analysis graduates launch into new career directions with a tailored degree, workplace connections and a comprehensive industry understanding.

Why choose this master’s degree?

The Master of Financial Analysis is a highly flexible program of courses that can be tailored to suit a variety of career aspirations. In one year, the integrated finance and accounting studies will challenge you to develop key competencies. Depending on the courses chosen, you will build advanced skills in corporate strategy, risk analysis and management, valuation analysis, or project development and management. See the program structure for detailed information.

UNSW Business School students have exclusive access to Career Accelerator, a portfolio of professional development opportunities that include:

My masters certainly advanced my career. I’ve moved into broader financial roles, and it’s opened many doors into a diverse range of finance and accounting roles

Frances Summerhayes
Master of Financial Analysis
Read more about Frances’ experience of the Master of Financial Analysis
 

UNSW Business School degrees are shaped by industry leaders and world-class academics who recognise the future will present career opportunities that don’t exist today. The skills and insights gained from your Master of Financial Analysis can have an immediate positive effect on your career.

Who is this degree for?

  • You’re looking to expand your knowledge and skills in accounting and/or finance
  • You want to stand out from the crowd with a comprehensive knowledge in accounting and finance

Job and career prospects

This program will open up many career opportunities including:

  • Banking professional
  • Corporate treasurer
  • Financial advisor
  • Financial analyst
  • Financial broker
  • Fund manager
  • International financier
  • Investment banker

Find out how we prepare our graduates for career success

Why the Business School?

UNSW Business School is a leading business school in the Asia-Pacific. We rank 1st for Accounting and Finance in Australia, and within the top 50 worldwide. We are rated “Well above world standard” for Banking and Finance by the Excellence in Research Australia (ERA) government assessment. Read more about our rankings and reputation.

Our students build professional networks among more than 90,000 Business School alumni worldwide and begin their new career before graduation. This postgraduate degree incorporates a suite of professional development opportunities offered by Career Accelerator, that are exclusive to UNSW’s Business School students. Career Accelerator helps you build industry connections through networking and mentoring, and you can undertake internships and global business practicums for credit towards your degree.


The Master of Financial Analysis is a 1 year degree program consisting of 8 courses (48 UOC): At least 3 accounting elective courses (from List A and C), at least 3 finance elective courses (from List B and C), plus 1 capstone course (from List C).

List A - Accounting elective courses

ACCT5907 International Financial Statement Analysis

This course introduces the analytical tools used in the analysis of financial statements. It extends beyond the accounting process to enable students to identify and understand the economic reality behind the accounting numbers used in financial statements.
 
Focusing on real world examples, the quality of financial statement information is comprehensively examined to detect and correct any distortions necessary to improve the economic content of the financial statements, including their comparability. Quantitative analytical tools are then used to conduct detailed financial analysis of corporate profitability and risk.
 
The accounting and financial analysis skills acquired in the course are essential in making successful decisions in numerous business contexts, including:
 
  • The evaluation of financial performance
  • The identification of sources of value creation
  • Risk and credit assessment
  • In assessing the achievement of financial targets and strategic goals
 
Relevant topics include:
 
  • The national and international framework for financial accounting
  • The accrual concept and earnings quality
  • Integrated ratio analysis
  • Analyses of more complex accounting issues involving inventories, long-lived assets, income taxes, financing liabilities, leases and off-balance sheet activities, stock compensations, pensions and other employee benefits, inter-corporate investments, business combinations and multinational operations

ACCT5908 Auditing and Assurance Services

Note: Not available to students who have completed ACCT3708 or ACCT3718 in the last three years.

This course examines the practice of auditing and the underlying concepts. Although the focus of attention is on audits carried out under the provisions of the Australian Corporations and Securities Legislation, reference is also made to other forms of audit. The course is intended to provide an overview of the audit process as it exists in Australia.

Topics include:

  • Risk analysis approach
  • Assessment of risk
  • Development of audit strategy
  • Internal control evaluation and compliance testing
  • Substantive testing
  • Analytical review
  • Auditing in an EDP environment
  • Audit sampling
  • Audit reporting
  • Contractual and common law duties
  • The role of ethics
  • An introduction to internal & public sector auditing

ACCT5914 Enterprise Strategy for Management Accountants

Formulating and implementing strategy depends on a thorough understanding of all aspects of an organisation; making sound business decisions requires advanced management accounting knowledge including both financial and strategic analysis. This course uses relevant, globally focused business cases for students to learn how management accountants formulate and effectively implement strategy while managing risk, using the competencies gained in earlier management accounting courses. Integrating research and practice, this advanced course is designed to equip students with relevant management accounting skills that will enable them to influence strategic decisions and manage performance.

Topics include interacting with the competitive environment, understanding the business partner role of management accountants in change management, evaluating strategic options using leading management accounting techniques, and implementing strategic plans via performance management systems.

ACCT5919 Business Risk Management

In a rapidly changing global world, with decreasing product life cycles and increasing customer and societal expectations, there are significant and increased risks associated with ongoing value creation by organisations.
 
In this world, value is put at risk - by competition, or failures of corporate leadership, strategies, processes, and capabilities. Developing effective ways of managing such Business Risks is proving to be a central agenda item for organisations seeking continuing success.
 
This course addresses this emergent field conceptually, technically and speculatively. Case studies and research reports are used throughout.

ACCT5920 Managing Intangible Resources

The gap between the market value of firms and the capitalisation of their assets in the balance sheet highlights the value that investors are prepared to attribute to the intangible resources of many organisations (such as financial service, consulting, software development and e-commerce companies). The value generating potential of such organisations is attributed to resources, and competencies in managing those resources, that the traditional accounting system is both unable and unwilling to represent in explicit financial terms. This course aims to identify these intangible resources and to examine their role in achieving superior financial performance.

 

Topics include: customer relationships; supplier relationships; knowledge management; best practice people management, diversity; and community and government relationships. In addition, this course will also explore advances in financial reporting that attempt to capture and represent these intangible resources, for example, the Balanced Scorecard, Intangible Asset Monitor, triple line reporting, the Scandia Navigator system and other recent attempts at measuring and evaluating intangibles. Contemporary performance measurements such as the Net Promoter Score are examined also.

This course is based on the premise that long term sustainable value creation is achieved only from collaborative organisational practices and transparency among all stakeholders.

ACCT5922 E-Business: Strategy and Processes

Note: Not available to students who have completed ACCT3585 in the last three years.

The business world today operates on a global, networked, technology platform (the World Wide Web). The rapid implementation of networked technologies world wide has impacted national economies and transformed large and small organisations.

This course uses case studies of high performing e-businesses to facilitate discussion and understanding of the strategic, technological, operational and organisational changes required by organisations to remain competitive, as they confront the strategic opportunities and threats resulting from the global networked technologies.

The case studies analyse the emergence of new business models, including start up e-businesses, the transformation of traditional bricks and mortar companies into e-businesses and the creation of virtual global businesses with outsourced functions performed by a range of specialist companies.

The course also studies the move to digitalised core processes across the value chain– the e-enabling of customer relations; the e-enabling of enterprise resource planning, financial and accounting processes and human resource processes; and the emergence of global, digitalised supply chains. It reviews the financial opportunities the technologies provide to reduce costs, improve productivity and efficiency, and transform concepts of speed and flexibility.

ACCT5925 Integrated Reporting, Integrated Thinking and Value Creation

This course is concerned with how organisations create and preserve value over time employing effective business models and a broader range of resources (capitals) than in conventional analyses. This value creation process is currently being reported upon under the international initiative of Integrated Reporting (), incorporating Integrated Thinking, which is enhancing the way organizations think holistically, plan strategically and report value outcomes. Integrated Thinking focuses on how executives make business decisions that best utilise all their available resources and relationships (not just financial but including their staff, intellectual property, environmental, and supplier and customer relationships) to implement a strategy for long term value creation. Integrated Reporting then focuses on how they communicate (both internally and to external stakeholders) their unique value creation story, in order to address the question, “Why should I, or others in society, support this organisation?” The course is designed to be highly interactive with many illustrations and cases.

Topics include: The drivers behind the development of the International Framework; creating value over time with Integrated Thinking; and implementation including the design of an internal management system geared to value management rather than traditional financial management.

Acknowledgement is made of the significant contributions of KPMG Australia and the International Integrated Reporting Council in developing and presenting the course.

ACCT5930 Financial Accounting

Note: Not available to students who have completed ACCT2542 in the last three years.

This course examines:

  • The fundamentals of financial accounting for entities of simple organisational design
  • Financial recording processes, systems design and internal control
  • Preparation of general purpose statements of financial position, operating performance and cash flow statements
  • Responsibilities in financial reporting
  • Financial reporting constraints
  • Recognition and measurement of specific financial statement elements
  • Analysis and interpretation of financial reports

ACCT5931 Strategic Management Accounting

Note: Not available to students who have completed ACCT3583 or ACCT3593 in the last three years.

This course examines links between strategy and resource management as it considers the effective use of an organisation’s financial and other resources in creating value for a range of organisational stakeholders. The course provides students with a management accounting toolkit for analysing the value created for and by various stakeholders, both currently and for a sustainable future.

ACCT5942 Corporate Accounting and Regulation

Note: Not available to students who have completed ACCT2542 in the last three years.

Overview of the external financial reporting environment - Australian and international aspects; arrangements for the regulation of external reporting; the preparation of general purpose financial reports including the treatment of income taxes and the acquisition of other entities.

The preparation of consolidated financial statements for reporting entities with more complex structures including subsidiaries, associates and joint ventures.

ACCT5943 Advanced Financial Reporting

Note: Not available to students who have completed ACCT3563 or ACCT3573 in the last three years

The analysis of contemporary accounting issues within theoretical frameworks such as agency theory and the context of the conceptual frameworks used in setting accounting standards.

Reporting problems in particular industries and with particular types of assets and liabilities (such as complex financial instruments); cutting edge accounting issues and the deliberations of local and overseas accounting rule-making bodies; and proposals for the strengthening of external financial reporting.

ACCT5949 Managing Agile Organisations

There has been much change and innovation in the structure and form of organisations in the new millennium. There is now a large array of organisational forms - from simple hierarchies to complex organisational sets and alliances. Given this diversity, managers need an innovative repertoire of managerial skills and competencies.

This course has three aims:

  1. To briefly identify the new and innovative ways that productive relationships have been structured at the intra-organisational and inter-organisational levels
  2. To investigate the challenges these pose for the concept of 'managerial work', and
  3. To develop the managerial competencies required to manage dynamic 'agile' organisations.

 

Topics covered include: the post-industrial age, managerial work, managing discourse, power, normative rule structures, teams, ambiguity and change. Group discussion is emphasised in this course. There is also a focus on the use of case studies.

ACCT5955 Management Control Systems in Contemporary Contexts

This course examines the design, implementation and uses of Management Control Systems (MCS) within contemporary organisations. There is a consideration of how designs of MCS are changing given globalisation and increasingly blurred organisational boundaries. The content is less technically oriented than a typical management accounting course and provides a broader strategic perspective of management control issues from the viewpoint of the CFO (Chief Financial Officer) and the senior executive team. The course is designed to be highly interactive. It encourages the application of reading materials to cases and reflections on the effectiveness of different MCS on performance in various organisational settings.


Issues considered include: the components of a MCS; MCS design and relationships with strategy; factors influencing the suitability/fit of control systems in different industry settings; uses of MCS to influence performance outcomes; MCS in different cultural and international settings; the product life cycle and MCS; and how MCS undergo change in established and newer organisations.

ACCT5961 Reporting for Climate Change and Sustainability

Climate change and sustainability are key challenges for our society and economy today. Governments and non-governmental organisations around the world have engaged in various climate change and adaptation policy initiatives to ensure survival and prosperity of current and future generations. This course explores issues related to climate change and sustainability and the implications for industry sectors and businesses. Established and proposed policy frameworks are surveyed and evaluated to highlight the significance of transparency and accountability in reporting economic, environmental, and social performance. The current state and trends in accounting, assurance and reporting for carbon emissions in a regulated and voluntary setting will be covered. Risk mitigation and management accounting strategies to respond to consequences of a carbon-constrained economy are also evaluated.

ACCT5996 Management Accounting and Business Analysis

Note: Not available to students who have completed ACCT2522 in the last three years.

This course examines the use of financial and non-financial information for the purpose of analysing business processes to achieve superior organisational performance. The course introduces a number of management accounting tools and quantitative techniques that can be used to analyse how business processes consume resources, create value for a firm and its customers, and how this value may be enhanced through business process improvement. The course draws on textbook explanations and research-based insights of contemporary business practice in this area.

List B – Finance elective courses

FINS5510 Personal Financial Planning and Management

Provides the knowledge necessary to effectively manage personal financial resources and needs in the context of globalised financial and stock markets. Considers the whole range of personal financial affairs and the planning required to optimise available opportunities to enhance individual wealth.

FINS5512 Financial Markets and Institutions

Serves as an introductory course. Focuses on major financial markets, including the equity, money, bond, exchange rate and derivatives markets. The basics of financial instruments in these markets, such as bank bills, treasury bonds, futures and options are taught. Exposure to the tools of analyses and the roles and innovations of major financial institutions, eg the banks and non-banks, such as finance companies, building societies and credit unions, life and insurance companies and funds management companies.

FINS5513 Investments and Portfolio Selection

Develops a basic conceptual framework to understand modern investments. Students learn to evaluate alternative investment strategies, develop a more complete understanding of the risk-return relation, and discuss recent developments in investment management. Surveys various financial markets and provides a review of the instruments used to allocate capital and manage risk. Topics include measuring risk and return, designing portfolios, pricing risk, valuing equities, valuing fixed income securities, hedging with derivatives. Students are assessed through a variety of means; including quizzes and exams, computer exercises, and case study discussions.

FINS5514 Capital Budgeting and Financial Decisions

Capital budgeting and financial decisions is primarily concerned with the major financial decisions faced by the firm. These decisions can be broadly classified as the investment decision, the financing decision, the dividend decision and the restructuring decision. This course will examine the main theories and empirical evidence surrounding these decisions and to use this knowledge to help solve typical ‘real’ finance problems.

FINS5516 International Corporate Finance

Management of the financial functions for firms operating in several separate countries. Necessary theory and evidence basic to an understanding of international capital and foreign exchange markets, the benefits of international diversification, use of the capital asset pricing model in foreign investment decisions and cost of capital for multinational corporations, financial management of multinational corporations, foreign direct investment and financial and political risks, the role of multinational banks and the financial benefits of Euro-currencies and Euro-bonds, international equity markets and financial management of multinational corporations in new regions such as APEC, NAFTA and the EU.

FINS5517 Applied Portfolio Management and Modelling

Provides the foundation for the analysis of active funds management: the dynamic management of equity and fixed-income portfolios. Emphases are model construction (including forecasting), data analysis, the use of derivative securities (such as options, futures, FRAs, swaps), both international and domestic diversification benefits, performance and risk measures, and risk management and control.

FINS5522 Asia-Pacific Financial Markets

This course covers essential elements of Asia-Pacific Financial markets. Countries include China, Indonesia, Malaysia, South Korea, Thailand, Vietnam, Philippines, Taiwan.

Areas of interest include interactions of institutions and finance, sections of financial markets (equity, debt, derivatives, foreign exchange), corporate governance, roles of banks, investment/valuation issues, financing/methods of funds raisings, global portfolio management, financial/currency crises and risk management.

FINS5523 Alternative Asset Classes

Examines various aspects of entrepreneurial finance for small and medium enterprises. Financial theories associated with entrepreneurial and closely held firms are analysed. Including: how to value new start-up firms/projects; optimal financing strategy; finance investment and innovation; asymmetric information and credit rationing; financing intellectual property rights; venture capital, business angles and pooled development funds; equity and debt capital from the public and private sectors.

FINS5531 Risk and Insurance

Introduces the discipline of risk management and precedes advanced work in the risk management and insurance major. Focuses on the principles associated with corporate risk management and provides a structured and well-reasoned methodology in the identification and analysis of risk. Investigates the management of identified risk through both risk control and risk financing techniques. Introduces the basic principles of insurance products, as one possible risk-financing tool.

FINS5533 Real Estate Finance and Investment

This course’s main objective is to help students acquire knowledge on the concepts, theories and valuation techniques in the field of real estate finance which is one of the largest and most important components of the financial system. It introduces analytic methods used for real estate finance and investment decision making. The main topics covered in the course are mortgage products, mortgage banking, secondary mortgage market and mortgage-backed securities (MBS), financial leverage and commercial real estate finance. In addition to a brief analysis of the global financial crisis in the real estate context and its impact on property market, this course introduces critical thinking concepts necessary to interpret and make informed forecasts about future trends and evolution in the property market. This course is especially useful to students who are interested in working the real estate development, brokerage, mortgage banking and investment banking industries.

FINS5534 Strategic Management of Credit Risk and Loan Policy

Focus is on latest approaches to loan portfolio selection and credit risk modelling. Topics include: credit scoring; credit ratings and default probabilities; pricing bonds and loans as options; reduced-form models; simulation-based approaches; capital structure and risk return analysis; overview of credit risk markets. Includes Excel-based project on portfolio credit risk.

FINS5535 Derivatives and Risk Management Techniques

Focuses on approaches to valuing standard and non-standard derivatives and on using derivatives for hedging. Theoretical, with some practical examples. Topics considered include: Forwards and futures pricing and hedging, swaps and swap valuation, numerical procedures for option pricing and hedge ratio calculation, continuous time (Black-Scholes) pricing of options and hedge ratio calculations, and introduction to exotic options.

FINS5536 Fixed Income Securities and Interest Rate Derivatives

Studies pricing, hedging and risk management of fixed income securities and interest rate derivatives. Includes: term structure dynamics (including bond price lattices, spot and forward rate models), analytical and numerical techniques, duration measures, interest rate derivative securities (including options, futures and swaps), the interaction between interest rate risk and credit risk, mortgage-backed securities and value-at-risk, the concepts of general collateral, an accessible treatment of the arbitrage-free models of the term structure, including the concept of state prices and no-arbitrage.

FINS5537 Financial Planning Advice and Ethics

This course provides students with the knowledge and skills to pursue employment in the rapidly growing financial planning industry. Addresses the important skills required for operating a financial planning practice, taking into account the regulatory and industry frameworks. Topics covered include understanding the client's situation and needs, conducting analysis and research, formulating appropriate financial planning strategies, choosing suitable products, preparing a fully compliant financial plan, implementing the financial plan and providing ongoing review and services to the client. The course also contains in-depth analysis of the importance of ethics in the operation of financial institutions and in the personal conduct of finance professionals based on market best practice.

FINS5538 Takeovers, Restructuring and Corporate Governance

The course provides a complete, yet concise synthesis of the recent available literature on takeovers, restructuring and corporate governance within a logical, analytical structure. Topics covered include legal aspects of takeovers in Australia, shareholder wealth effects and gains to takeovers, valuation and pricing of targets and other forms of corporate restructuring, including private equity, LBOs and divestitures.

FINS5541 Advanced Investment and Advanced Funds Management

Covers advanced techniques of modern funds management. Includes asset allocation decisions, integration of equities and bonds, domestic versus international fund components. Covers issues in pension funds management, investment in real assets and introduces hedge funds. Structure consists of lectures, computer laboratory work and may include speakers from the funds management industry.

FINS5542 Applied Funds Management

Laboratory and theoretical based course that develops fundamental concepts of asset valuation in a world with time varying risk, in order to construct and manage an investment portfolio. The course focuses on the recent advances in quantitative finance including risk modelling, forecasting, portfolio construction and evaluation. The aim is to provide students with a practitioner-orientated view of asset management where concern is based on generating superior returns. Topics focus primarily on empirical and practical tools required to actively manage an investment over time through the extensive use of computer spreadsheets.

FINS5544 Socially Responsible Investing

Sustainable and socially responsible investing is a multi-trillion-dollar industry and growing. This course builds on ethics components in existing capital market and investments courses by introducing environmental, social responsibility and corporate governance considerations and methods that operationalize them into investment processes, products, and practices. The goal is to educate students socially responsible, ethical, sustainable investing issues, opportunities and challenges and to engage them to discuss and design investment processes, products, and practices that encourage positive changes in the world while also delivering investment returns and fund flow. This course blends finance theory, ethics, industry practices and trends using case study, data analysis, and academic research.

FINS5545 Financial Market Data Literacy

This course deals with implications of technological advances on current and future state of financial industry. The intention is to trigger a disruptive and innovative thinking process and to enforce the notion that recent structural changes across the financial industry provide spectrum of valuable internal and external opportunities. It introduces computational finance and banking technology using the open source programming language of python in the context of finance theory and applications. Case studies to be explored include digital currency (Bitcoin), settlements (Blockchain), hedging, trading and financial advisory.

FINS5546 Toolkit for Financial Market Decisions

This course deals with implications of technological advances on current and future state of financial industry. The intention is to trigger a disruptive and innovative thinking process and to enforce the notion that recent structural changes across the financial industry provide spectrum of valuable internal and external opportunities. It introduces computational finance and banking technology using the open source programming language of python in the context of finance theory and applications. Case studies to be explored include digital currency (Bitcoin), settlements (Blockchain), hedging, trading and financial advisory.

FINS5547 Cryptocurrency and Decentralised Finance

This course gives students an introduction to Bitcoin and cryptocurrency. The course begins by giving a brief history and overview of this new paradigm and it aims to highlight decentralisation as the key difference to traditional finance. The second half of the course provides an overview of new developments and financial applications in the ecosystem such as capital raising, trading, credit and decentralised organisation.

FINS5550 International Banking Management

Provides students with an understanding of international banking and finance in the contemporary environment. Due to the dynamic nature of the international banking environment, it is necessary to develop skills to effectively identify and understand the effects of current developments. Firstly, the international banking functions are presented; international trade financing, participation in the interbank foreign exchange and Eurocurrency markets, international investment banking services, and sovereign lending. In addition, other important topics are presented; international money laundering, international banking and debt crises, regulation of international banking activities, and offshore banking markets. Some of the topics covered may vary over time.

FINS5555 Behavioural Approaches in Finance

This course introduces students to the concept of behavioural finance and its impact on financial markets and decision making. We will introduce and investigate behavioural traits, including over confidence, confirmation bias and loss aversion and discuss how these traits can function as obstacles to the use of traditional finance tools as studied in other courses. We will also consider how best to avoid the pitfalls inherent in financial decision making. At the end of this course, students will understand the nature and impact these psychological factors have on important business decisions.

FINS5566 Trading in Financial Securities

Studies how and why investors trade and the impact of various market structures on the interaction and outcomes of security transactions. Examines existing market structures, types of traders and the strategies they use to achieve their objectives. By concentrating on how market participants trade, the course lays the foundation necessary to understand the practical implications of the introduction of new technologies to securities trading and the economic opportunities they present to market participants. Emphasis is placed on case studies, examples, practitioner presentations and illustrations inspired by the shift from traditional to electronically-facilitated trading. Analyses securities trading venues as operating firms; in particular concentrating on implications for competition between markets and trading systems.

List C - Capstone course

ACCT5910 Business Analysis and Valuation

Note: Not available to students who have completed ACCT3610 in the last three years.

This course examines the:

  • Sources of information available to analysts
  • Traditional ratio analysis
  • Application of techniques of financial analysis to equity valuation
  • Credit assessment
  • Price regulation

Also looked at are:

  • Calculations of key indicators of financial performance
  • Issues arising from international differences in accounting standards and practices
  • Off-balance sheet financing and financial instruments
  • Problems arising from complex organisational structures
  • Strategies for managing the financial analysis function

FINS5526 International Corporate Governance: Accounting and Finance Perspectives

Aims to provide students with a practical and in-depth understanding of the way corporations are monitored, governed and controlled. Examines relationships and conflicts between key stakeholders (e.g. shareholders, managers, directors, employees, banks, regulatory bodies, etc.). Both internal aspects (e.g. performance evaluation, board structure, audit process, executive compensation, ownership structure, etc.) and external environments of corporate governance (legal protection of shareholders, hostile takeovers, proxy contests, bank monitoring, competition, etc.) are discussed in detail. The scope of coverage extends beyond Anglo-Saxon countries to examine issues in alternative governance systems adopted in Continental Europe, Asia and Latin America.

FINS5530 Financial Institution Management

The application of modern finance theory and financial modelling techniques to financial decision-making and risk management in financial institutions. Includes: (i) Uniqueness of financial institutions; (ii) Application of portfolio, arbitrage pricing, option pricing and corporate finance theories to the management of assets, liabilities, capital structure and off-balance sheet operations; (iii) Interest rate risk management and financial futures; (iv) Liquidity risk management; (v) Loan portfolio management, credit evaluation models, loan pricing and credit rationing; (vi) Capital adequacy and prudential regulation and management.

To be eligible for the program, you need to have:

  • A recognised bachelor degree (or equivalent qualification) with a credit average (65% or higher) as determined by the UNSW Postgraduate Coursework Entry Calculator; and
  • A major (at least seven courses) in accounting within the bachelor degree; or
  • A major (at least seven courses) in finance within the bachelor degree

The UNSW English Language requirements also apply to this program.

Note: No other requirement (such as GMAT, GRE, personal statement, academic referee) is considered unless otherwise specified.


Alternative program

If you did not meet the entry requirements but wish to study Finance or Accounting, you might want to consider Master of Commerce (majoring in Finance) or Master of Professional Accounting instead.

Recognition of Prior Learning 

If you've successfully completed the CPA Program or CA Program (from Australia), or the CIMA qualification, you may be granted one course exemption. You will be notified of the credits in your official letter of offer.

Students who are not graduates of Australian or NZ universities

For students who have studied at overseas universities, the normal minimum academic requirement is the equivalent of a credit average grade (65%) from an Australian university, as determined by the UNSW Postgraduate Coursework Entry Calculator. Details on assessment will be determined by your grading system so it is important that this is attached with your transcript when you apply.

Note: Applicants from non-211 universities in China wishing to study Postgraduate Coursework in the UNSW Business School, must achieve a minimum overall average of 88 in their current university’s grading system. This is equivalent to an 85% Australian scaled average using the calculator.

We will use the National Office of Overseas Skills Recognition (AEI-NOOSR). They are the government body that provides official information on the comparability of overseas qualifications with Australian qualifications using the Australian Qualifications Framework (AQF) as our benchmark.

In those countries where an equivalent grade has not been established, the following will be taken into consideration:

  • The standard and content of the undergraduate program completed, and
  • The standard of the institution from which the qualifications were obtained
  • Indian universities award different types of bachelor and master degrees, with different requirements in terms of length of study. At a minimum, applicants would be required to have a 3-year bachelor degree or professional bachelor degree and provide all individual marksheets.
  • Iranian universities award different types of bachelor degrees, with different requirements in terms of length of study. At a minimum, applicants would be required to have a 4-year bachelor degree.

Application checklist

Before you apply, ensure that you:

  1. Choose the right program that matches your interests and career aspirations
  2. Meet the entry requirements of the program
  3. Check if you are eligible to apply for credits or advanced standing based on recognition of prior learning (RPL) for this program
  4. Note: You can apply for credits during the online application process

  5. Have the various supporting documentation for your application. E.g.

   a. Official academic transcripts
   b. Proof of completion of qualification
   c. Proof of identity and citizenship
   d. Proof of relevant work experience (if required)

    You can upload the above documentation during the online application process

How to apply

You can apply for this program online:

There are three intakes per year:

  • Term 1 (February): 30 November
  • Term 2 (June)*: 31 March
  • Term 3 (September): 31 July

*Please note that not all programs have a Term 2 intake.

Late applications may be accepted after the closing dates subject to the availability of places.

Need help?

Still need help finding the right postgraduate business program for you? Contact us now.

UNSW Business School students are Australia’s best and brightest, with a reputation for drive and innovation. Our graduates have exceptional employability rates, performing well above the national average. In the 2018 QILT survey, 93% of our postgraduate students were employed full-time within four months of graduating and were earning a median wage of $120k.

Our degrees include up to two for-credit industry experiences, such as internships or global business practicums. The experiences are part of a suite of opportunities that is exclusive to UNSW’s Business School students and organised through Career Accelerator. The professional development opportunities complement your studies, build connections to industry and give you a clear advantage after graduation.

The opportunities are grouped within the Networking, Mentoring, Internships, and Global sections of Career Accelerator.

Networking

The people you meet during your time at university can play a profound role in positively shaping your career. Connect with like-minded and influential people through:

  • Industry Insights – workshop sessions delivered by industry partners
  • Industry Events – invitation-only events hosted by industry partners
  • Business Case Competitions – impress future employers with your problem-solving skills

Mentoring

Participating in a mentoring program will boost your confidence, help grow your professional network, develop your communication, teamwork and leadership skills as well as building upon your business acumen.

  • Career Mentoring Program – a 10-week program of career mentoring and coaching
  • Australian Business Essentials – mentoring for international students with no previous Australian work experience

Internships

UNSW Business School’s for-credit and not-for-credit opportunities such as traditional internships, consultancy projects, social entrepreneurship practicums, virtual internships and extra-curricular experiences.

  • Internships & Consulting Projects – for-credit projects available in person and online
  • Social Entrepreneurship Practicum – for-credit practicum to develop professional team skills in a real project
  • Business Experience – online and in-person projects for professional development

Global

The personal and professional benefits of living, studying or working in a different culture are immense and recognised by employers.

  • Global Business Practicum - work in small cross-disciplinary student consulting team on a genuine business issue, usually in Asia
  • Social Entrepreneurship Practicum - build entrepreneurial, workplace and leadership capabilities in Bali
  • Student Exchange – live and study overseas at one of our 200 partner universities

View the full suite of Career Accelerator opportunities.



No search results found. Please try another search term.

Quick facts for students

Program code
8413
Award
Masters Degree (Coursework)
Assumed Knowledge
Accounting or Finance
Total Units of Credit (UOC)
48
Study Mode
Face to face
Duration
1 year full-time, 2 years part-time
Commencing terms
Term 1 - February
Term 2 - June
Term 3 - September
Course fee*
$4,260
Program fee (total)*
$34,080
* Fees are indicative only

Contact student centre

The UNSW Australia Business School Student Centre is located at Room 1028, Level 1, in the Quadrangle. (UNSW map location E15)

+61 2 9385 3189

Contact the Student Centre (online forms)

​​​​​​​Area of Study

Browse the list of study areas available for postgraduate study

 



​​​​​​​​​​​​​​​​​Search Degrees​​

Find a degree, course or interest

The Master of Financial Analysis helped Frances land her dream job