Master of Applied Finance

  • Effective from: 2016
  • Approved Abbreviation: MAppFin
  • Western Sydney University Program Code: 2759
  • AQF Level: 9

CRICOS Code: 079262C

This program applies to students who commenced in Quarter 3, 2016 or later. 

The Master of Applied Finance prepares students for executive careers in finance, banking and property investment sectors. It provides students with the opportunity to acquire technical knowledge necessary to function in an evolving and increasingly sophisticated financial environment with an emphasis on the practical application of these techniques. The degree exposes students to modern theoretical approaches. All of the subjects have been developed by individuals who are actively involved in the financial and investment sectors. Applicants will find having a background in Business or Commerce advantageous. The program length and structure varies based on previous qualifications and work experience. On enrolment to this program, based on previous study and work experience, students can follow either a 160 or a 120 or an 80 credit point entry pathway allowing them to graduate on completion of the relevant credit points with a Master of Applied Finance. Students may also exit the program on completion of 40 credit points with a Graduate Certificate in Applied Finance or on completion of 80 credit points with a Graduate Diploma in Applied Finance.

Study Mode

Two years full-time, one and a half years full-time or one year full-time depending upon entry qualifications (see Pathways listed under Program Structure) or the equivalent part-time.

Program Advice

Dr Walid Bakry

Prospective students should visit the following websites for general enquiries about this program.

Enquire about this program| Local Admission | International Admission |

Location

Campus Attendance Mode Advice
Parramatta City Campus-Macquarie Street Full Time Internal Laurel Jackson
Parramatta City Campus-Macquarie Street Part Time Internal Laurel Jackson

Accreditation

The Master of Applied Finance fulfils the educational requirements for admission as a Senior Associate (SA Fin) of Finsia - the Financial Services Institute of Australasia (Finsia). Senior Associate membership with Finsia also requires at least five years career experience in the financial services industry. The Master of Applied Finance also satisfies the education requirements for professional membership of the Finance and Treasury Association (FTA) - Certified Finance and Treasury Professional (CFTP) and the Financial Risk Manager. The Master of Applied Finance 160 credit points program has been accepted into the Chartered Financial Analyst (CFA) Institute University Affiliation Program. This status is granted to institutions whose degree program(s) incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding in the CBOK and positions them well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognised investment credential in the world. Entry into the CFA Institute University Recognition Program signals to potential students, employers, and the marketplace that the Master of Applied Finance curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations.

Admission

Entry Pathway 1: Master of Applied Finance (80 credit points)

Applicants must have successfully completed a graduate certificate, or higher, in a business discipline;

Or

Successfully completed an undergraduate degree in a Business discipline (specifically financial advising, stockbroking, applied finance, accounting or related discipline) with a GPA of 5.0 or WAM (Weighted Average Mark) of 65+ (if provided on the academic record);

Or

Successfully completed an undergraduate degree, or higher, in any business disciplines and a minimum of two years full-time equivalent managerial/professional work experience in roles facilitating financial administration, budget management, financial advising, stockbroking, applied finance, or associated roles.

Applicants seeking admission on the basis of work experience must support their application with a Statement of Service for all work experience listed on the application. 

Statement of Service form

Entry Pathway 2: Master of Applied Finance (120 credit points)

Applicants must have successfully completed an undergraduate degree, or higher, in a business discipline;

Or

Successfully completed an undergraduate degree, or higher, in any discipline and a minimum of two years full-time equivalent general work experience.

Applicants seeking admission on the basis of work experience must support their application with a Statement of Service for all work experience listed on the application. 

Statement of Service form

Entry Pathway 3: Master of Applied Finance (160 credit points)

Applicants must have successfully completed an undergraduate degree, or higher, in any discipline.

Applications from Australian and New Zealand citizens and holders of permanent resident visas may be made via the Universities Admissions Centre (UAC) or directly through the Western Portal. Use the links below to apply via UAC or Western Sydney University. Applications made directly to Western Sydney do not have an application fee.

http://www.uac.edu.au/
https://westernsydney.uac.edu.au/ws/

Applicants who have undertaken studies overseas may have to provide proof of proficiency in English. Local applicants who are applying through the Universities Admissions Centre (UAC) will find details of minimum English proficiency requirements and acceptable proof on the UAC website. Local applicants applying directly to the University should also use the information provided on the UAC website.

http://www.uac.edu.au/

All other International applicants must apply directly to the University via the International Office.  

International students applying to the University through the International Office can find details of minimum English proficiency requirements and acceptable proof on their website.

International Office

Overseas qualifications must be deemed by the Australian Education International - National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to Australian qualifications in order to be considered by UAC and Western Sydney University.

Program Structure

The program length and structure varies based on the student’s previous study background and work experience.

Master of Applied Finance - 1 year pathway

Qualification for this award requires the successful completion of 80 credit points as per the recommended sequence below.

Plan of Study Grid
Year 1
Quarter 1 sessionCredit Points
Full-time  
BUSM 7035 Funds Management and Portfolio Selection 10
ACCT 7012 Corporate Finance 10
 Credit Points20
Quarter 2 session
BUSM 7032 Financial Institutions and Markets (MAF) 10
BUSM 7031 Financial Institution Management 10
 Credit Points20
Quarter 3 session
BUSM 7083 Security Analysis and Portfolio Theory 10
And one alternate subject 10
 Credit Points20
Quarter 4 session
FINC 7022 Applied Project (Finance and Property) 10
And one alternate subject 10
Alternate Subjects  
Select two of the following:  
Credit and Lending Decisions  
Derivatives  
Financial Modelling  
International Finance  
 Credit Points20
 Total Credit Points80

Master of Applied Finance - 1.5 pathway

Qualification for this award requires the successful completion of 120 credit points as per the recommended sequence below. 

Plan of Study Grid
Year 1
Quarter 1 sessionCredit Points
Full-time  
ACCT 7015 Financial Reports for Decision Making 10
BUSM 7072 New Venture Finance 10
 Credit Points20
Quarter 2 session
MATH 7003 Applied Business Statistics 10
ECON 7001 Economics 10
 Credit Points20
Quarter 3 session
BUSM 7035 Funds Management and Portfolio Selection 10
ACCT 7012 Corporate Finance 10
 Credit Points20
Quarter 4 session
BUSM 7032 Financial Institutions and Markets (MAF) 10
BUSM 7031 Financial Institution Management 10
 Credit Points20
Year 2
Quarter 1 session
BUSM 7083 Security Analysis and Portfolio Theory 10
And one alternate subject 10
 Credit Points20
Quarter 2 session
FINC 7022 Applied Project (Finance and Property) 10
And one alternate subject 10
Alternate Subjects  
Select two of the following:  
Credit and Lending Decisions  
Derivatives  
Financial Modelling  
International Finance  
 Credit Points20
 Total Credit Points120

 Master of Applied Finance - 2 year pathway

Qualification for this award requires the successful completion of 160 credit points as per the recommended sequence below. 

Plan of Study Grid
Year 1
Quarter 1 sessionCredit Points
Full-time  
BUSM 7072 New Venture Finance 10
ACCT 7015 Financial Reports for Decision Making 10
 Credit Points20
Quarter 2 session
MATH 7003 Applied Business Statistics 10
ECON 7001 Economics 10
 Credit Points20
Quarter 3 session
BUSM 7035 Funds Management and Portfolio Selection 10
ACCT 7012 Corporate Finance 10
 Credit Points20
Quarter 4 session
BUSM 7032 Financial Institutions and Markets (MAF) 10
BUSM 7031 Financial Institution Management 10
 Credit Points20
Year 2
Quarter 1 session
BUSM 7022 Derivatives 10
BUSM 7083 Security Analysis and Portfolio Theory 10
 Credit Points20
Quarter 2 session
BUSM 7021 Credit and Lending Decisions 10
FINC 7006 Financial Modelling 10
 Credit Points20
Quarter 3 session
BUSM 7053 International Finance 10
FINC 7022 Applied Project (Finance and Property) 10
 Credit Points20
Quarter 4 session
Select 20 credit points from 20
Property Portfolio Analysis (10cps)  
Property Investment Analysis (10cps)  
Or  
Internship (20cps)  
 Credit Points20
 Total Credit Points160

Exit Awards

2796 Graduate Diploma in Applied Finance (exit only)

80 credit points, comprising four general foundation subjects and four specialist knowledge subjects as specified in the program structure.

2760 Graduate Certificate in Applied Finance

40 credit points as specified in the program structure.

Replaced Subject

The subject listed below counts towards completion of this program for students who passed this subject in 2021 or earlier.

MKTG 7003 - Applied Project (Finance and Property), replaced by FINC 7022 Applied Project (Finance and Property)