Start Date
February
July

Campus
City West

Duration
2 year(s) full-time

Program Code
DMFC

Study as
Full-time or part-time

Fees
$AU 25,000 per 1.0 EFTSL for students enrolled in 2015

Aim

The Master of Finance (Quantitative Finance) will equip students with an in-depth understanding of the theory and application of pricing financial derivatives, the ability to quantify financial risk and will allow them to undertake rigorous quantitative modelling of financial securities and derivatives.

The quantitative techniques covered in this program are core prerequisites for graduates to undertake careers in financial services, banking and related finance industries. Thus, the program focusses on these sophisticated quantitative techniques which have been used so extensively in the finance, banking and insurance industries during the past few decades.

Content & Structure

The program requires the completion of 16 courses totalling 72 units including four Business School core courses, four core finance courses, a four course quantitative finance major, two research courses and two electives.

The four core finance courses are:

  • Corporate Finance
  • Financial Theory and Financial Markets
  • International Finance and
  • Investment Management.

The Quantitative Finance specialisation courses are:

  • The Econometrics of Financial Markets
  • Derivatives Pricing and Applications
  • Fixed Income Securities and
  • Computational Methods for Finance.

What courses you'll study

Course name Area and cat no. Units Reference  
FIRST YEAR
First Semester (Study Period 1, 2 or 3)
Accounting for Management M ACCT 5011 4.5 Rule(s): 4
Commercial Law M COML 5009 4.5 Rule(s): 4
Statistics for Data Science MATH 4044 4.5 Rule(s): 4
Economic Principles for Business ECON 5020 4.5 Rule(s): 4
Second Semester (Study Period 4, 5 or 6)
Corporate Finance BUSS 5233 4.5
Financial Theory and Financial Markets BANK 5014 4.5
International Finance BANK 5028 4.5
Investment Management BANK 5013 4.5
SECOND YEAR
First Semester (Study Period 1, 2 or 3)
The Econometrics of Financial Markets BANK 5038 4.5
Derivatives Pricing and Applications BANK 5033 4.5
Interest Rate Security Valuation BANK 5034 4.5
Research 1 BANK 5035 4.5
Second Semester (Study Period 4, 5 or 6)
Computational Methods for Finance BANK 5032 4.5
Elective 4.5 Rule(s): 1
Elective 4.5 Rule(s): 1
Research 2 BANK 5036 4.5

Program Director

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