Master of Finance (Quantitative Finance), University of South Australia (UniSA). 2015 information for International students

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International students

Start date
February
July

Campus
City West

Duration
2 year(s) full-time

Program Code
DMFC

Fees
AUD$ 27,300 per annum (per 1.0 EFTSL) for students enrolled in 2015

English Language Requirements

IELTS total [6.5]
IELTS reading [6.0]
IELTS writing [6.0]

Equivalent English qualifications (PDF)

International Admission by Country
See full entry requirements

CRICOS Code
082592C

Entry requirements

Applicants are required to have one of the following:
- A completed bachelor degree* from a recognised higher education institution or equivalent; or
- A completed graduate diploma* from a recognised higher education institution; or
- A completed graduate certificate* from a recognised higher education institution.
* Normally applicants who have completed a degree with a grade point average of 4 or better will be eligible for entry.

Applicants who have:
- completed a bachelor degree in a business discipline; or
- completed a bachelor degree which includes a major in business, commerce, marketing or management; or
- completed a graduate certificate in a business discipline,
are eligible to enter the program with 0.5 EFTSL (18 units) Advanced Standing and complete the program in 1.5 years of full time study or equivalent part time study.
English language entry requirements
International students who speak English as a foreign language must have obtained one of the following standards within the last two years prior to admission. Possession of one or more of these qualifications, in addition to the academic entry requirements, does not, in itself, guarantee a place at the University of South Australia. Applications are considered on an individual basis and selection is competitive. Where previous study/work experience was conducted in English, the application must be accompanied by certified documentation from the educational institution/employer certifying that the language of instruction/employment was English.
English language test
- IELTS total [6.5]
- IELTS reading [6.0]
- IELTS writing [6.0]
Please access the following link for a comprehensive list of English language tests accepted by UniSA and other important information in relation to meeting the University’s language requirements: English Language Equivalence Table (PDF)
View full entry requirements Hide full entry requirements

This specialisation is not available 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
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

Electives

Course name	Area and cat no.	Units

Advanced Corporate Finance	BUSS 5228	4.5
Managing Financial Risk	BANK 5016	4.5
Behavioural Finance	BANK 5018	4.5
Advanced Investment Management	BANK 5030	4.5
International Finance and Trade	ECON 5023	4.5
Applied Microeconomics	ECON 5021	4.5
Money, Banking and Financial Markets	ECON 5024	4.5
Growth, Finance and Development	ECON 5022	4.5
Chinese Banking & Wealth Management	BANK 5031	4.5
Risk Management in Financial Institutions	BANK 5037	4.5
Property Investment for Business	BANK 5039	4.5
Property Valuation for Business	BUSS 5403	4.5
Property Development for Business	BUSS 5401	4.5

Rules & notes

Rules

1. Students may choose postgraduate electives from the electives list. If you wish to take other postgraduate courses as electives prior approval is required from the Program Director.

2. Students who have taken, for another award, a course which is substantially equivalent to a course from the program schedule, may be granted up to one third of the program in credit or may substitute a course of equal standing and unit's value, with the approval of the Program Director. Credit will only be granted for courses undertaken at postgraduate level in a qualification that has not been used as the basis for Advanced Standing.

3. The Program Director may approve variations to the program of studies for a student by substituting courses from the program schedule with courses from other graduate level programs in this or another university.

4. Applicants who have completed a bachelor degree in a business discipline or who hold a bachelor degree which includes a major in business, commerce, marketing or management or applicants who have completed a graduate certificate in a business discipline are eligible to enter the program with 0.5 EFTSL (18 units) Advanced Standing in lieu of these courses and complete the program in 1.5 years of full time study or equivalent part time study.