Master of Applied Finance

Program Overview

Master of Applied Finance

The UWA Business School’s Master of Applied Finance is your path to a global finance career.

Course Details

• Duration: 1.5 - 2 years (full-time)
• Attendance: Full-time, Part-time
• Delivery: On-campus
• Starting dates: Semester 1, Semester 2
• Weekly contact time: 12 hours per unit (includes contact hours, personal study, and examinations)
• Level of study: Postgraduate
• Course Code: 42560
• CRICOS code: B

Careers and Further Study

• Career Pathways: Applied Finance graduates are in demand across a range of industries, including:
  • Consulting
  • Corporate finance
  • Financial planning
  • Financial risk management
  • Funds management
  • Insurance
  • Investment banking
• Major Employers: Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, Investment banks (e.g., UBS, Macquarie Group), Private equity firms, Superannuation fund managers
• Further Study: After appropriate work experience, graduates may choose to enrol in the Master of Business Administration.

Fees and Scholarships

• Domestic Student Fees: Annual course fee (2025): $34,100.00 (Full-Fee Paying Place)
• International Student Fees: Annual course fee (2025): $50,400.00
• Scholarships: Available to students from a diverse range of backgrounds, including academic achievement, financial need, educational disadvantage, leadership, and community service.

Admission Requirements

• Admission Requirements: To be considered for admission, an applicant must have:
  • A Bachelor's degree, or an equivalent qualification, as recognised by UWA
  • The equivalent of a UWA weighted average mark of at least 50 per cent
  • At least two years professional experience in a relevant occupation
  • Completed a Graduate Certificate in Finance or Graduate Certificate in Commerce at UWA
• English Competency: Minimum overall IELTS score of 6.5, with no band less than 6.0

Course Structure

• Conversion: Students who have not completed the Bachelor of Commerce, or equivalent, may be required to complete relevant conversion units up to the value of 24 points.
• Core: Take all units (24 points):
  • FINA5520 Risk Management and Financial Instruments (6)
  • FINA5521 Quantitative Methods in Finance (6)
  • FINA5525 Case Studies in Finance (6)
  • FINA5526 Funds Management (6)
• Option - Students WITH undergraduate major in finance: Take unit(s) to the value of 48 points:
  • ECON5506 The Economics of Financial Markets (6)
  • FINA5510 Digital Finance I (6)
  • FINA5524 Trading and Markets (6)
  • FINA5527 Venture Capital (6)
  • FINA5529 Topics in Finance 1 (6)
  • FINA5531 Fixed Income Securities (6)
  • FINA5555 Student Managed Enterprise Investment Fund (Advanced) (6)
  • FINA5557 Sustainable Finance and Sustainability Reporting (6)
  • FINA5888 Consumer Financial Services and Products (6)
  • WILG5001 Work Integrated Learning Internship Program (6)
• Option - Students WITHOUT undergraduate major in finance: Take unit(s) to the value of 48 points:
  • ECON5506 The Economics of Financial Markets (6)
  • FINA5510 Digital Finance I (6)
  • FINA5523 Financial Statement Analysis and Business Valuation (6)
  • FINA5524 Trading and Markets (6)
  • FINA5527 Venture Capital (6)
  • FINA5531 Fixed Income Securities (6)
  • FINA5533 Finance Essentials (6)
  • FINA5555 Student Managed Enterprise Investment Fund (Advanced) (6)
  • FINA5557 Sustainable Finance and Sustainability Reporting (6)
  • FINA5631 International Financial Analysis (6)
  • FINA5632 Investments (6)
  • WILG5001 Work Integrated Learning Internship Program (6)

Why Study This Course?

• The Master of Applied Finance is part of the CFA Institute University Affiliation Program.
• Finance graduates are in demand across a range of industries.
• You will use real-world case studies and examples to apply your learning to reality, giving you a sound basis for entry into the working world where problem-solving is the key to success.

Hands-on Experience

• Engage in a trading simulation where you buy and sell financial instruments such as stocks, bonds, commodities, and currencies.
• Analyse the fundamentals of a firm using our extensive databases (including Bloomberg and Reuters Eikon) to form an investment decision and create a report similar to those produced by equity analysts.
• Price complex fixed income securities and derivatives using quantitative models, and investigate deviations from real-world prices (using Bloomberg and Reuters Eikon).
• Prepare for CFA Program Exams – UWA is part of the CFA University affiliation program and the MAF covers 70%+ of the CFA Program Candidate Body of Knowledge.

Graduate Outcomes

• Graduates of a Master of Applied Finance will:
  • Have advanced theoretical and technical finance knowledge and skills to solve emerging and/or advanced finance problems.
  • Be able to demonstrate the ability to apply knowledge and skills to complex problems/issues in finance, and communicate clearly and effectively in relation to complex problems/issues in finance to specialists and non-specialists.

Professional Recognition

• The Master of Applied Finance is part of the CFA Institute University Affiliation Program. This signifies that the course incorporates at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK) across all 3 levels of the CFA Program and places emphasis on the CFA Institute Code of Ethics and Standards of Practice.