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Bachelor of Applied Finance

ATAR/Course cut-off
88.00
This information is for local students.
View courses for International students.

Overview

Finance is the study of the management of money, banking, investment and credit. These areas are complex, and people working in the financial sector require specialist training to excel in their career. This finance course is designed specifically for students to gain practical and job-ready financial skills.

In this applied finance degree you'll study economics, accounting and current financial theory. You'll learn mathematical techniques such as probability or statistics and how to analyse results. The Applied Finance degree has a focus on applying these skills to real financial organisations, markets and instruments.

Key features

  • Apply current theory and analytical techniques to real finance industry situations.
  • Learn from highly qualified lecturers who have a practical understanding of finance.
  • Take your first step to a career in the finance industry.

Minimum course duration

3 years full-time / equivalent part time

Location

North Ryde

UAC Code

300201

Suitable for

If you are interested in financial systems, money and maths and want a job in the Australian or international financial sector.

HECS Course fee

AUD $8,200.00 p.a. This is an Average Fee

Student amenities fee

Information on the Student services and amenities fee

Entry requirements

  • HSC Mathematics (Assumed Knowledge)
  • Mathematics Extension 1 (Recommended)
  • Introductory units and bridging courses are available for students without the assumed and/or recommended prior knowledge.

English language requirements

If you have completed the NSW HSC or equivalent you satisfy the English proficiency requirements.

For full information view the English proficiency requirements table (436 Kb).

Work experience requirements

What you will study

General requirements Credit Points
Minimum number of credit points for the degree 68
Minimum number of credit points at 200 level or above 38
Minimum number of credit points at 300 level or above 18
Minimum number of credit points from Commerce designated units 42
Completion of a designated People unit
Completion of a designated Planet unit
Completion of other specific minimum requirements as set out below

Specific requirements

The following outlines the units (subjects) to be studied within this degree

100 level Credit Points
Required ACST101 Techniques and Elements of Finance 3
Required ECON110 Macroeconomic Principles 3
Required ECON111 Microeconomic Principles 3
Required either STAT170 Introductory Statistics
or STAT171 Statistical Data Analysis 3
Required either ACCG100 Accounting IA
or ACCG106 Accounting Information for Decision-Making 3
200 level Credit Points
Required AFIN252 Applied Financial Analysis and Management 3
Required either ACST201 Financial Techniques, Instruments and Markets
or ACST202 Mathematics of Finance 3
Required either ECON203 Microeconomic Analysis
or ECON204 Macroeconomic Analysis 3
Required one of ECON241 Introductory Econometrics
STAT271 Statistics I
STAT272 Probability 3
300 level Credit Points
Capstone AFIN310 C Issues in Applied Finance 3
Required ECON334 Financial Econometrics 3
Required 9cp from AFIN328 Financial Risk Management
AFIN329 Security Pricing and Hedging
AFIN352 Applied Portfolio Management
AFIN353 Corporate Financial Design
ACST306 Quantitative Asset and Liability Modelling 1 9
Required 3cp from ECON335 The Economics of Financial Institutions
ECON350 Money and Finance
ECON360 International Finance 3
Balance of credit points required (Electives) 23
Total credit points required to satisfy this degree 68

Notes

  • Units marked with a C are Capstone units.
  • The course information contained on this page is applicable for 2012 ONLY.
    For more information please read the courses disclaimer.

Careers

Accreditation

This degree, and associated double degrees, have been approved by ASIC (Australian Securities and Investments Commission - authorised assessors) as meeting ASIC training requirements in relation to RG 146 compliance for generic knowledge, skills, securities, derivatives, managed investments, deposit products and non cash payment facilities, and foreign exchange, subject to the completion of certain units.

Career Opportunities

  • Business journalist
  • Financial analyst
  • Investment analyst
  • Management consultant
  • Market analyst
  • Planning/policy analyst
  • Public administrator
  • Researcher
  • Statistician
  • Stockbroker
  • Teacher

Employers

  • Accounting and consultancy firms
    (such as Accenture, Price Waterhouse)
  • Commercial banks
    (such as Commonwealth Bank, AMP)
  • Government
    (such as Treasury, Reserve Bank, Productivity Commission)

Average starting salary

According to MyCareer.com Salary Centre, the average starting salary for a graduate analyst in the financial sector is $50,000.

Profiles

Our Students

Urmila Mitra

Approachable, supportive, relaxed, opportunity and challenging are the words I would use to describe Macquarie University.

Everyone from lecturers and tutors to the students are always approachable and willing to lend a helping hand. The Peer Assisted Learning sessions have provided me with invaluable support.

The relaxed atmosphere of the University made me comfortable from day one. I have also had unique opportunities to get involved in student groups, major university events and even go to England on exchange. This has helped me make the most of my degree and explore all Macquarie has to offer.

 
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Our Graduates

James Zhao

The Applied Finance degree at Macquarie has the word "applied" in it because it is indeed very practical and the concepts learnt can really be applied! Rather than only learning abstract theories, the course talks about real issues in the finance industry.

 

Today, James is working at Westpac Institutional Bank as Relationship Credit Analyst. His work focuses on some of the largest corporates in Australia in industries such as Consumer Retail, Media and Food & Beverages.

 
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Our Expertise

Associate Professor Stefan Trueck

Stefan received a PhD in Statistics from University of Karlsruhe in Germany. His current research interests focus on risk management and financial econometrics including the fields of credit risk, power markets, carbon trading and real estate finance. He has several years of consulting experience with financial institutions in Europe

Why choose Macquarie?

Why choose Macquarie

Macquarie offers an outstanding learning experience. We are renowned for excellence in interdisciplinary research and teaching, our unique approach to learning, our highly skilled graduates, and our first-class facilities. 

Macquarie University for future students undergraduatean education in the top two per cent of universities in the world, giving you an international recognised and respected degree

Macquarie University for future students undergraduatea campus in one of the largest business and technology precincts in the southern hemisphere, giving you the industry experience employers look for

Macquarie University for future students undergraduatemulti-billion dollar investment in facilities and infrastructure, including the most high-tech university library in Australia

Macquarie University for future students undergraduatethe most generous international student exchange program in Australia

Macquarie University Future Students Undergrad information for parents

Our reputation

Discover why Macquarie is ranked in the top two per cent of universities globally.

Macquarie University information about types of study and learning skills for life

Learning for life

Our degrees are designed to help you get ahead and stay ahead in your life and your career.

Overseas opportunities

Overseas opportunities

Enhance your degree with Macquarie's overseas study and exchange programs in over 300 countries.

Macquarie University information for future undergraduate students about our vibrant campus

Our vibrant campus

120 social clubs and societies, 35 sports clubs, sport and aquatic centre, the only on-campus music festival.

 

Contact us

Business and Economics Student Services (BESS)
Phone:
 
(02) 9850 1050
Fax: (02) 9850 9958

Location: Building E4B 106

Office hours: 09:00 - 17:00 (Monday to Friday) in semester.

Contact us online

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Bachelor of Applied Finance

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This course is NOT available for Session 2 2012.


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