Course director: Mr Kevin Tant
The course
This full-fee paying part-time masters degree has been designed as an interactive field of study providing a close association with industry using applied cooperative teaching by both academics and industry practitioners. Its specialised streams in commercial banking and treasury have been developed in response to market needs. This course is targeted at professional bankers and corporate treasurers seeking to invigorate and extend their managerial and leadership capacity and effectiveness. The degree will enhance and develop skills and industry knowledge in a manner that will greatly heighten participants' ability to fulfil line management responsibilities in an increasingly competitive environment.
Objectives
The course has been designed to:
* provide a close association with industry by applied cooperative teaching by both academics and industry practitioners through an interactive field of study;
* enhance and develop skills and industry knowledge in a manner that will greatly heighten participants ability to fulfil their line management responsibilities in an increasingly competitive environment;
* attain an advanced conceptual understanding in the field of their specialisation, complemented by a wide range of practical applications, which will extend and support their learning and expose students to the contemporary issues and problems confronting their area of specialisation;
* provide a vocational benefit which will derive from the student's willingness to participate fully in the required extensive case studies, complex situational studies and simulations, exercises, project work, reading assignments and examinations with other masters candidates of equivalent talent, drive and initiative;
* provide an environment comprised of self-motivated individuals, comparable in background, level of responsibility and commitment to executive and organisational advancement;
* provide a practical framework for the course components that will contribute to increased efficiency in the banking and finance industry.
Venue
Classes will be offered initially at a venue in the central business district, Melbourne, or at the Monash Caulfield campus.
Credit for work done elsewhere
Please refer to the course regulations for the Master of Banking for details relating to credit transfers.
Duration
The coursework component is a two and a half year on-campus part-time program. The masters can be completed, however, in less than two and a half years if students undertake to complete the research/practical report elective (two units)
Course structure
Core subjects
The degree offers a commercial stream or a treasury stream. Each stream is comprised of ten (equivalent) units. All subjects will be offered in accordance with university requirements. Electives are offered subject to an acceptable number of approved enrolments.
Commercial stream
* ACC5031 Advanced financial practice (elective)
* FIN5011 Money markets: theory measurement and policy (elective)
* FIN5021 Financial institutions law (compulsory)
* FIN5050 International banking (elective)
* FIN5070 Bank management and risk analysis (compulsory)
* FIN5081 Customer credit and risk analysis (elective)
* FIN5091 Research/practical report (2 units) (elective)
* FIN5220 Fundamentals of banking (core)
* FIN5230 Financial markets and long term funding (core)
* FIN5271 Financial analysis and portfolio management (core)
* MGM5040 Strategic planning (elective)
* MKT5061 Financial product development and marketing (elective)
* MKT5280 Issues in competitive advantage 1 (elective)
* SYM5281 Issues in competitive advantage 2 (elective)
Graduates from the commercial stream will satisfy the educational requirements for the Senior Associate membership of the Australian Institute of Bankers provided they complete the following electives:
* MGM5040 Strategic planning
* MKT5061 Financial product development and marketing
* FIN5081 Customer credit and risk analysis
Treasury stream
* FIN5021 Financial institutions law (elective)
* FIN5091 Research/practical report (2 units) (elective)
* FIN5200 Introduction to treasury management (compulsory)
* FIN5210 Currency and exposure management (compulsory)
* FIN5220 Fundamentals of banking (core)
* FIN5230 Financial markets and long term funding (core)
* FIN5240 Treasury administration and control (elective)
* FIN5251 Money market dealing (elective)
* FIN5261 Derivative products (elective)
* FIN5271 Financial analysis and portfolio management (core)
* FIN5281 Institutional asset and liability management (elective)
* FIN5291 Dealing in derivative products (elective)
* MKT5280 Issues in competitive advantage 1 (elective)
* SYM5281 Issues in competitive advantage 2 (elective)
Graduates from the treasury stream will fulfil the academic requirements of the Diploma of Treasury Management from the Australian Society of Corporate Treasurers provided they complete the following elective:
* FIN5240 Treasury administration and control
* Course restructure subject to final university approval