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Finance - FINSA13543

Plan Summary

 
Faculty: COMM - Australian School of Business
 
 
School: School of Banking & Finance
 
   
 
Program: 3543 - Economics
 
 
Award(s):
 
 
Bachelor of Economics (Major)
 
  

Plan Outline

Finance is a study of financial and capital markets. It is concerned with decision making within those markets, and how values or prices of financial assets are determined. Finance is also concerned with investment decisions (for example, selection among alternative projects, selection of securities to include in a portfolio), financing decisions of a firm (dividend policy, debt and equity structures, and lease purchase decisions), and the development of risk-hedging strategies so as to minimise the damaging effects of adverse movements in share prices, interest rates, exchange rates, and other uncertainties in domestic and international financial markets.

This plan is not to be undertaken by Finance Co-op students.

Plan Structure

  • A major in Finance consists of 48 UOC (8 courses). Four(4) of these courses are specified; the other four (4) are elective courses that are chosen from the list below. At least two (2) of the elective courses must be at level 3 (i.e. FINS3XXX). This is regardless of whether you are doing a single major or taking Finance as a second major
  • A minor in Finance consists of 30 UOC (5 courses) containing at least 18 UOC at level 2 or 3. The minor does not form part of the nominated major.

Compulsory courses

Elective courses
ACCT3563 is included for the benefit of students undertaking majors in both Accounting and Finance to allow compliance with the requirements of the professional Accounting bodies. Students with majors in Accounting and Finance may count this course towards the Finance major AND the Accounting major. Students planning on studying honours in Accounting must take ACCT3573 Issues in Financial Reporting & Analysis (6 UOC) in place of ACCT3563 Issues in Financial Reporting & Analysis.

Please note: Students should take the three compulsory Finance courses in the first 2 years of their study (preferably in first year and the first semester of the second year) so that they can complete as many Finance courses as possible in the areas of Banking, Corporate Finance, Funds Management and International Finance during their second and third years.

Honours

Honours Level study is also available in Finance. Students interested in studying at Honours Level should refer to the relevant Honours plan record for entry requirements.

Professional Recognition

The Australian Securities and Investment Commission has accredited specific courses that can be taken in the undergraduate programs to meet the training requirements of the Regulatory Guide 146 (RG146) for the purpose of licensing financial product advisors. A list of the courses required is available from Professional Recognition of Programs for Undergraduate Students in the UNSW Online Handbook.

Students interested in pursuing the CFA examinations of the CFA Institute will find the electives FINS2643, FINS3635, FINS3640 and FINS3641 very helpful.

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

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.