Stream

Finance - FINSCS8417

Stream Summary

Faculty: COMM - Australian School of Business

School: School of Banking and Finance

Contact:  Australian School of Business Student Centre

Program: 8417 - Commerce (Extension)

Award(s):

Master of Commerce (Extension) (Specialisation)

Information valid for students commencing 2013.
Students who commenced prior to 2013 should go to the Handbook's Previous Editions

Stream Outline

The Master of Commerce and Master of Commerce (Extension) Finance specialisation focuses on the decision making within financial and capital markets; how values or prices of financial assets are determined; how investment decisions and financing decisions of a firm, and the development of risk-hedging strategies are made, so as to minimise the damaging effects of adverse movements in share prices, interest rates, exchange rates, and other uncertainties.movements in share prices, interest rates, exchange rates, and other uncertainties.

Stream Structure

Master of Commerce (MCom) students must complete:
  • 2 MCom core courses
  • 3 Gateway courses - made up of designated specialist core course/s depending on the specialisation chosen
  • 6 Specialisation courses
  • 1 Capstone course

Master of Commerce (Extension) (MCom (Ext)) students must complete:
  • 2 MCom core courses
  • 3 Gateway courses - made up of designated specialist core course/s depending on the specialisation chosen
  • 6 Specialisation courses
  • 4 Sub-specialisation courses
  • 1 Capstone course

Compulsory Core course:

One Data Analysis core course:
CREDIT TRANSFERS, (including the Data Analysis course), may be awarded for courses (maximum 24 UOC) based on a your prior knowledge and previous studies.

These credits will be assessed upon application and you will be notified (in the offer letter) of the credit/s awarded.

Three Compulsory Gateway courses:

Two Required Specialisation courses:
Four Elective Specialisation courses from the following:
One Capstone course or Practicum

Capstone course:
Designed to provide a “cohort” experience in a work-relevant context for all specialisations in the general area of Accounting/Banking/Finance/Economics.

If you achieve a minimum weighted average mark (WAM) of 75, you may be eligible for a 'Practicum Course'.

Note: Students may find the following suggestions helpful in choosing electives:

Recommended Elective courses for a career in investment banking:
Recommended Elective courses for a career in funds management:
Recommended Elective courses for a career in personal financial advice:
Note: the following courses are required for ASIC RG146 Tier 1 compliance:

• FINS5510 Per. Fin. Plan. & Mgmt and
• FINS5537 Fin Plan Advice & Ethics
See the information provided below on Professional Accreditation.

If you choose to study the Master of Commerce (Extension) program 8417, you have the option to choose 4 courses (to provide you with depth of learning) from the following Sub- specialisations:
  • Accounting
  • Finance
  • Marketing
  • Information Systems
  • Management
  • Business Law
  • Taxation
  • *General Option
* The General Option sub-specialisation allows you to choose two courses from the MCom and optional two courses outside of the MCom (other programs within ASB) or courses from other Faculties(with permission).


It is recommended students contact the ASB Student Centre for guidance on options available to increase depth of learning.

Professional Accreditation

MCom (Finance) students who have completed FINS5512, FINS5513, FINS5510 and FINS5537 can claim Tier 1 compliance towards the Australian Securities and Investment Commission Regulatory Guideline 146 in which the education standards of a financial product advisor are specified. Students are encouraged to visit www.ASIC.gov.au for more details.

Business graduates may be eligible for associate membership with The Financial Services Institute of Australasia (FINSIA)

Further Information

Please note that these requirements may be subject to change.
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.

Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Ground Floor, West Wing, Australian School of Business Building
Forms, policies and procedures
Frequently asked questions