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Course code L98

Master of Finance and Banking

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About this Course

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.

Australian Qualifications Framework (AQF) level

This course has been accredited by ECU as an AQF Level 9 Masters Degree (Coursework) Award.

Course code L98

Entry requirements

ECU admission and English language requirements apply.

See Course Entry for further information.

Fees

Domestic fee paying - estimated 1st year indicative fee AUD $28,450

See Fees and Scholarships for further information.

Duration

2 years full-time or part-time equivalent

See Course Details for further information.

Availability & Campus

Location Semester 1 Semester 2
Joondalup FT PT FT PT
Mount Lawley
South West
Online PT
*FT = Full-time study PT = Part-time study

About this Course

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.

Australian Qualifications Framework (AQF) level

This course has been accredited by ECU as an AQF Level 9 Masters Degree (Coursework) Award.

Course code L98

CRICOS code 079115C

Entry requirements

ECU admission and English language requirements apply.

See Course Entry for further information.

Fees

International students - estimated 1st year indicative fee AUD $36,150

See Fees and Scholarships for further information.

Duration

2 years full-time

See Course Details for further information.

Availability & Campus

Location Semester 1 Semester 2
Joondalup FT FT
Mount Lawley
South West
Online
*FT = Full-time study PT = Part-time study

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 meet the published entry requirements. Successful applicants with a Graduate Certificate qualification or higher in Finance and Banking may seek reduced course duration by applying for recognition of prior learning.

    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 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 meet the published entry requirements. Successful applicants with a Graduate Certificate qualification or higher in Finance and Banking may seek reduced course duration by applying for recognition of prior learning.

    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

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

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
ECF6120Credit and Lending Decisions20
ECF6125Risk Management in Banking20
ECF6130Financial Analysis and Modelling20
ECF6135Investment Management20
ECF6310International Finance20
RECOMMENDED ELECTIVES
Unit Code Unit Title Credit Points
BUS6900Management Practicum20
ACC6015Corporate Accounting and Reporting20
ACC6045Business Analytics for Accounting and Finance20
LAW6501Principles of Contract and Corporate Law in Business20
ECF6305Fixed Income Securities20
ECF6315Derivative Securities20

L98|10

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

Course Details

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
ECF6120Credit and Lending Decisions20
ECF6125Risk Management in Banking20
ECF6130Financial Analysis and Modelling20
ECF6135Investment Management20
ECF6310International Finance20
RECOMMENDED ELECTIVES
Unit Code Unit Title Credit Points
BUS6900Management Practicum20
ACC6015Corporate Accounting and Reporting20
ACC6045Business Analytics for Accounting and Finance20
LAW6501Principles of Contract and Corporate Law in Business20
ECF6305Fixed Income Securities20
ECF6315Derivative Securities20

L98|10

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

Fees and Scholarships

Fees

  • AUD $28,450 - Domestic fee paying estimated 1st year indicative fee 1

Note

1 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.

Some units require the payment of a fee for incidental goods or services required to complete those units. For more information and the full list of incidental fees for courses and units, visit What are Incidental Fees.

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, financial analytics, management consulting and more.

Possible future job titles

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

Fees and Scholarships

Fees

  • AUD $36,150 - International students estimated 1st year indicative fee 1

Note

1 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.

Some units require the payment of a fee for incidental goods or services required to complete those units. For more information and the full list of incidental fees for courses and units, visit What are Incidental Fees.

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, financial analytics, management consulting and more.

Possible future job titles

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

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.

Experiences

Experiences

Quick guide to uni-speak

    • The Australian Qualifications Framework (AQF) is the national regulator of qualifications in the Australian education and training system. The AQF defines the essential characteristics, including the required learning outcomes, of the different types of qualifications issued across the higher education systems in Australia.

    • 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.

Quick guide to uni-speak

    • The Australian Qualifications Framework (AQF) is the national regulator of qualifications in the Australian education and training system. The AQF defines the essential characteristics, including the required learning outcomes, of the different types of qualifications issued across the higher education systems in Australia.

    • 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?

The Important Things

Things you should know about if you're thinking about studying here.

Course Entry

There's more than one admission pathway into an ECU course. It depends on what you've studied already, or your work or life experience.

Fees & Scholarships

Course tuition fees can change, but we can give you an estimate of your costs. If you're eligible, a scholarship or student loan can help too.

Applying

Applying for a course is a fairly simple process, especially if you have scanned copies of qualifications, your resume or other paperwork, ready to upload.

ECU Experience

Starting a course is an exciting and sometimes daunting time, so we make a massive effort to ensure you get all the support you need to have a positive experience.