Program Overview

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Program Overview

The Master of Applied Finance (Financial Services) is a comprehensive and advanced program designed to equip students with in-depth knowledge of financial institutions, bank management, and lending. Through work-integrated learning and ongoing collaboration with industry, participants will gain a conceptually sound and practical understanding of the global financial system.

Program Structure

The Master of Applied Finance Financial Services requires the successful completion of 72 credit points of subjects. To complete this program, it will normally take five or six trimesters (based on 3 trimesters per year where you take 2 subjects).

Program Core Subjects

• Business Statistics (ECON940, 6 cp)
• Financial Statement Analysis for Business (FIN 924, 6 cp)
• Advanced Managerial Finance (FIN 926, 6 cp)
• Socially Responsible Finance (FIN 950, 6 cp)
• Financial Institutions (FIN 958, 6 cp)
• Risk Management (FIN 962, 6 cp)

Specialisation Core Subjects

• Banking Theory and Practice (FIN 925, 6 cp)
• International Banking (FIN 955, 6 cp)
• Bank Lending and Securities (FIN 956, 6 cp)

Elective Subjects

Students are required to choose an additional two subjects from the list below:

• Portfolio Management (FIN 923, 6 cp)
• Alternative Investments (FIN 954, 6 cp)
• Trading and Dealing in Capital Markets (FIN 957, 6 cp)

Capstone Project

• Business Research Capstone (BUS 922, 6 cp)

Program Outcomes

Upon completion of the program, students will gain practical, hands-on, and job-ready skills essential for success in the financial services industry. Some of the key skills acquired through this program include financial analysis, risk management, understanding of banking operations, insurance and wealth management, data analytics, and technology integration.

Accreditation and Recognition

All degrees at the University of Wollongong in Dubai are accredited by the Commission for Academic Accreditation (CAA) of the UAE Ministry of Education and are licensed by the Knowledge and Human Development Authority (KHDA). The business degrees are also accredited by The Association to Advance Collegiate Schools of Business (AACSB).

Admission Requirements

Students applying for a master's degree must have completed a bachelor's degree (or equivalent) at an accredited institution of higher education and have achieved the minimum grades outlined below. English language proficiency is also required, with accepted tests including IELTS, TOEFL, and others.

English Language Requirements

At UOWD, all classes are taught in English, and students must submit one of the following certificates of English language proficiency:

• IELTS (Academic) with an overall score of 6.0
• TOEFL (Internet-based) with a score of 79
• TOEFL (Computer-based) with a score of 213
• TOEFL (International paper-based) with a score of 550

Credit for Prior Learning

If seeking credit for prior learning, students will need to submit official academic transcripts, syllabus details, and an explanation of the grading system. Eligibility for Credit for Prior Learning will be decided in consultation with UOWD's Faculty Offices prior to the beginning of the program.

Faculty

The program is led by experienced faculty members, including:

• Dr. Haroon Khan, Associate Professor and Finance Program Director
• Dr. Burcu Kapar, Associate Professor
• Dr. Kashif Saleem, Associate Professor
• Dr. Faisal Rana, Associate Professor
• Dr. Noor Ulain Rizvi, Assistant Professor
• Dr. Osama Al-Hares, Associate Professor and Director (Postgraduate Programs)
• Dr. Vikash Ramiah, Associate Professor and Head of Postgraduate Studies (HPS)

Career Paths

Graduates of the Master of Applied Finance (Financial Services) can pursue various career paths, including:

• Chief Financial Officer
• Chief Executive Officer
• Finance Business Partner
• Financial Service and Insurance Managers
• Equity Trader
• Compliance Officer
• Corporate Investment Banker
• Corporate Treasurer
• Financial Advisor/Consultant
• Financial Risk Analyst
• Financial Trader
• Credit Analyst
• Business Analyst
• Foreign Exchange Trader
• Loan Officer
• Bank Liability Manager
• Financial Manager
• Asset Manager
• Financial Risk Manager

Tuition Fees

The tuition fee for the Master of Applied Finance (Financial Services) is AED 9,415.35 (USD 2,565) per subject, with a total of 12 subjects required to complete the program.