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Master of Finance and Banking

Course code L98

This coursework Masters is designed for students seeking a comprehensive postgraduate degree in applied finance and financial management.

The course prepares students to work in the dynamic financial services industry. The course focuses on how individuals, financial institutions, businesses and governments make borrowing, lending and investment decisions. Students will learn how to identify, analyse and interpret financial information and use industry-relevant databases and software. The financial services industry demands graduates who can think critically and have an analytical approach to problem solving; attributes that students will develop through this course.

Why ECU?

  • QILT logo

    ECU top in teaching quality

    For the fifth year in a row, ECU has received the top undergraduate teaching quality ranking of all 37 public universities in Australia.

    ECU was also the top-ranked public university in Australia for undergraduate skills development for the sixth year in a row.

    View QILT results.

  • The Good Universities Guide 2021

    Good Universities Guide

    In the 2021 Good Universities Guide, ECU graduates have given us a 5-star rating for teaching quality, skills development, student support, learning resources, learner engagement and overall student experience.

    The 5-star rating for teaching quality has now been achieved for 14 straight years.

    Read more about the Good Universities Guide.

  • THE Impact Rankings 2020

    THE Impact Rankings

    ECU has been ranked number 9 in the world for Quality Education and is in the top 100 overall in the 2020 Times Higher Education (THE) Impact rankings, showing how the global higher education sector is working towards the United Nations' Sustainable Development Goals.

    Read more about the THE Impact Rankings

  • THE World University Rankings 2020 Top 100 Young

    THE Young University Rankings

    ECU has been ranked in the world's top 100 universities under 50 years old in the 2020 Times Higher Education (THE) Young Universities Rankings, THE World University Rankings.

Course overview

Choose student type

Entry requirements

ECU admission and English language requirements apply.

See Course Entry for further information.

Course code

L98

Fees

Domestic fee paying - estimated 1st year indicative fee AUD $24,100

See Fees and Scholarships for further information.

Duration

2 years full-time or part-time equivalent

See Course Details for further information.

Availability & Campus

Semester 1 Semester 2
Joondalup FT PT FT PT
Mount Lawley
South West
Online PT
FT - Full-time PT - Part-time

Entry requirements

ECU admission and English language requirements apply.

See Course Entry for further information.

Course code

L98

CRICOS code

079115C

Fees

International students - estimated 1st year indicative fee AUD $30,200

See Fees and Scholarships for further information.

Duration

2 years full-time

See Course Details for further information.

Availability & Campus

Semester 1 Semester 2
Joondalup FT FT
Mount Lawley
South West
Online
FT - Full-time PT - Part-time

Course Entry

Admission requirements you'll need to meet for this course.

  • The following course-specific admission requirements are mandatory and must be satisfied by all applicants. These requirements are in addition to or supersede the minimum requirements outlined within the Academic admission requirements band section below.

    All applicants are required to have an undergraduate degree in a discipline other than finance. Special entry may be considered for applicants with a finance-related undergraduate degree. Alternatively applicants can apply with at least five years appropriate professional experience.

    Academic admission requirements (Band 6) may be satisfied through completion of one of the following:

    • Bachelor degree; or
    • Equivalent prior learning including at least five years relevant professional experience.
  • English competency requirements may be satisfied through completion of one of the following:

    • IELTS Academic Overall band minimum score of 6.5 (no individual band less than 6.0);
    • Bachelor degree from a country specified on the English Proficiency Bands page;
    • Successfully completed 0.375 EFTSL of study at postgraduate level or higher at an Australian higher education provider (or equivalent);
    • Where accepted, equivalent prior learning, including at least five years relevant professional experience; or
    • Other tests, courses or programs defined on the English Proficiency Bands page.

Course Details

Choose student type

Semester availability

Semester 1: Study full-time at Joondalup

Semester 1: Study part-time at Joondalup

Semester 2: Study full-time at Joondalup

Semester 2: Study part-time at Joondalup or Online

Semester availability

Semester 1: Study full-time at Joondalup

Semester 2: Study full-time at Joondalup

Course Structure

Students are required to complete 10 core units and 2 elective units.

Core Units
Unit Code Unit Title Credit Points
ECF6110Business Finance20
ECF6102Quantitative Skills for Business20
ACC6010Accounting Concepts and Applications20
ECF6105Economic Analysis for Business20
ECF6115Financial Markets and Institutions20
MBA6125Financing of International Trade20
ECF6120Credit and Lending Decisions20
ECF6125Risk Management in Banking20
ECF6130Financial Analysis and Modelling20
ECF6135Investment Management20
RECOMMENDED ELECTIVES
Unit Code Unit Title Credit Points
ACC6015Corporate Accounting and Reporting20
BUS6900Management Practicum20
FBL5020Marketing Leadership20
LAW6501Principles of Contract and Corporate Law in Business20
MAN6925Project Management20
MBA6090Entrepreneurship, Innovation and Creativity20

L98|8

For more detailed unit information for this course take a look at our Handbook. To organise your life for next semester visit the Semester timetable.

Student handbook

Course notes

Important course notes

  • Students will develop a broad range of work related skills in a public, private or not-for-profit organisation at a management level

    Attendance requirements

    Students must complete a minimum of 100 hours in an approved work environment. Host organisations may require students to attend work after hours and on the weekends

    Clearances and/or Risk Management Protocols Required

    Students must participate in an induction on the requirements and procedures for completing work placement including documentation and risk management.

    Professional practice rules

    Students must participate in an induction on the requirements and procedures for completing work placement including documentation and risk management.

Course Learning Outcomes

  1. Demonstrate mastery of a global body of financial knowledge and practice, including knowledge of research principles and methods in finance.
  2. Apply critical thinking and technical skills to solve authentic financial problems.
  3. Demonstrate effective communication and teamwork skills.
  4. Independently initiate, plan and execute a substantial project to meet agreed deliverables in the field of finance.
  5. Justify financial decisions and judgements that address complex issues considering the ethical and social consequences.

Need some help deciding what to study?

Our future student events include a mix of on-campus and online sessions designed to help you decide what to study at ECU.

Fees and Scholarships

Choose student type

AUD $24,100 *

* Domestic fee paying - estimated 1st year indicative fee

The 'Estimated 1st year indicative fee' is provided as a guide only, based on a typical enrolment of students undertaking the first year of this course. At ECU, you pay for the individual units you enrol in, not an overall course fee, so the total cost of your course will vary, depending on what units you choose. An indicative fee will be provided with your course offer, however you can use our Course Fee Calculator to estimate the actual amount you'll need to pay. ECU fees are adjusted annually.

AUD $30,200 *

* International students - estimated 1st year indicative fee

The 'estimated 1st year indicative fee' is provided as a guide only, and has been calculated based on a typical enrolment of students undertaking the first year of this course. At ECU, you pay for each individual unit you enrol in, not an overall course fee, so the total cost of your course will vary, depending on what units you choose. An indicative fee will be provided with your course offer, however you can use our Course Fee Calculator to estimate the actual amount you'll need to pay. ECU fees are adjusted annually.

Scholarships

ECU has a scholarship program that provides many opportunities each year to students undertaking studies here.

Find a scholarship

Career Opportunities

The course provides an internationally portable qualification, relevant to employment in the financial services sector worldwide including; investment and international banking, corporate treasury and money markets, funds management, financial planning, management consulting and more.

Possible future job titles

Financial Analyst, Financial Advisor, Finance Broker, Lending Manager, Investment and International Banker, Financial Planner, Management Consultant

Become World Ready

Quick guide to uni-speak

    • ATAR is the Australian Tertiary Admission Rank, the primary criterion for entry into most undergraduate university courses in Australia. The ATAR is a percentile score which denotes a student's ranking relative to their state-wide peers upon completion of their secondary education.

    • CRICOS is the Commonwealth Register of Institutions and Courses for Overseas Students. A CRICOS code is allocated to education institutions (like ECU) who are approved to recruit, enrol and deliver education to overseas students. Courses with a CRICOS code are available to international students who meet the entry requirements.

    • A major, or unit set, is your chosen area of in-depth study in an undergraduate course. It usually involves 8 units of study, or one-third of the units in a 3-year degree. Talk to your Student Information Office if you need help choosing a major subject.

    • Minors include between 4 and 6 study units in a specific discipline. Not all courses require you to complete a minor. Your minor subject doesn't appear on your printed degree (parchment), but is part of your academic transcript.

    • If you're enrolled in 3 or more units in a semester this is considered full-time study. To complete most 3-year degrees studying full-time you'll need to complete 4 units per semester, i.e. 24 units over 3 years.

    • If a course is available to study part-time you can generally expect it to take twice as long to complete as it would in full-time mode. Part-time students are enrolled in 1 or 2 units maximum per semester.

      Note: International students who hold a student visa can only choose the full-time study option for our courses. This is to ensure the course is completed within the duration of the student visa.

    • Most courses start in Semester 1 each year, usually in the last week of February. Some courses can be started in Semester 2 (we call this mid-year). There's a week of Orientation before each semester to help you get used to uni life.

    • A lot of our courses start in Semester 2 each year, usually in the last week of July. We call this mid-year. There's a week of Orientation beforehand to help you get used to uni life.

    • We use a points system to make it easier for you to understand your study progress. Most Bachelors degree study units are allocated 15 credit points. If you're studying a 3-year full-time degree you'll need to successfully complete 360 credit points - that's 24 units x 15 points per unit.

    • These are compulsory units you have to successfully complete as part of your course.

    • An elective is a unit you choose to study that counts towards your course requirements, but isn't compulsory. For some courses we recommend elective units. In some situations, a course coordinator may approve an elective unit as a replacement for a compulsory one.

Do you have any questions about the Master of Finance and Banking?