Master of Applied Finance (MAF)

Course Overview Graduates of the Master of Applied Finance should have the capacity to work in professional practice by applying the specialist financial knowledge that this course aims to provide.
Graduate Category Postgraduate
Graduate Attributes
Objectives On successful completion of this course, students should be able to:
  • Describe and analyse financial management principles and the changing knowledge base in finance;
  • Identify, interpret and critically assess financial decision-making;
  • Analyse financial data within a constantly evolving financial environment;
  • Apply the techniques necessary to analyse and interpret developments in finance practice;
  • Analyse the international context and sensitivities of financial management and financial markets;
  • Solve problems in corporate finance and financial markets, including those involving derivative assets and the operation of the markets in these assets;
  • Identify and value the ways in which advanced knowledge equips the graduate to offer leadership in financial management and financial markets;
  • Identify the significance and value of their knowledge to financial markets and the wider community; and
  • Manage financial information effectively, including the application and knowledge of computer systems and software where appropriate to the study of finance, and a receptiveness to the opportunities offered by new technologies.

On successful completion of this course, students should be able to demonstrate the following attributes and skills:

  • Analysis, evaluation and synthesis of scholarly and professional literature;
  • Problem solving;
  • Oral and written communication;
  • Time management, particularly in relation to competing time demands and self-directed project work;
  • Team work, which should be developed through participation in group-directed project work; and
  • Using computer software.
Generic Skills
Career Options
Stream Description The Master of Applied Finance course consists of five 12.5 point core subjects, three 6.25 point core subjects and three 6.25 point elective subjects.
Stream Structure Core subjects:
Course Stream Subjects
Code Title Semester Credit Points
333-661 Principles of Finance 1, 2 12.500
333-662 Derivative Securities 1, 2 12.500
333-663 Mergers and Value Enhancing Strategies 1, 2 12.500
333-664 Risk Management and Regulation 1, 2 12.500
333-667 International Finance 1, 2 6.250
333-668 Financial Spreadsheeting 1, 2 6.250
333-670 Fixed Income 1, 2 6.250
Select ONE of the following two core subjects:
Course Stream Subjects
Code Title Semester Credit Points
333-665 Financial Management and Analysis I 1, 2 12.500
333-666 Financial Management and Analysis II 1, 2 12.500


Select three of the following elective subjects:
Course Stream Subjects
Code Title Semester Credit Points
333-671 Finance Law 1 6.250
333-672 Treasury Management Summer, 2 6.250
333-673 Project Finance Summer, 2 6.250
333-674 Portfolio Management 2 6.250
333-675 Funds Management 2 6.250
333-677 Technical Analysis and Trading 1 6.250
333-678 Financial Engineering 1, 2 6.250
333-682 Applied Research Project 1, 2 6.250
333-685 Marketing Financial Analysis and Control Summer, 2 6.250
333-686 Bank Lending Practices and Techniques 2 6.250
333-691 Financial Planning and Advising 1, 2 6.250
Duration A full-time student should complete the course in two consecutive semesters. A part-time candidate should complete the course in four consecutive semesters. Please note that part-time students may only enter the course in March of each year.

Admissions to the MAF are managed by the Faculty of Economics and Commerce.
email ecom.unimelb@custhelp.com

Want to know more?

top of page