Master of Business Administration/Master of Applied Finance

Course code: 3189 ~ Course abbreviation MBA/MApplFin ~ Total credit points required: 120 ~ 2.5 years full-time, 5 years part-time ~ Managing faculty: Business and Economics

Study mode and course location

On-campus (Caulfield)

Course description

In line with the objective of broadening the educational experience for an MBA student and to provide specialist knowledge and skills, the double degree with the Master of Applied Finance will provide a rigorous and theoretical grounding in the discipline of finance and in its application in business decision-making, develop an extended knowledge in the chosen area of specialisation, develop analytical skills which will assist in problem solving, develop skills in communications and interpersonal behaviour, allowing students to work effectively both in a team and independently, and provide a course of direct relevance to the finance industry which fulfils the educational requirements for membership of the Treasury Association and the Australasian Institute of Banking and Finance.

Course objectives

The learning goals associated with this course are to: provide managers and aspiring managers with an educational experience that will enable them to become outstanding leaders within organisations; develop knowledge and skills across a broad range of business disciplines to enable students to effectively manage and lead an organisation; develop specific knowledge and skills in applied finance; further enhance communication, inter-personal, problem solving and critical thinking capabilities; satisfy the educational requirements for membership at the Certified Finance and Treasury Professional level of The Finance and Treasury Association Limited; develop the ability to identify problems, to synthesise, analyse, summarise and classify data and qualitative information, to evaluate and weigh evidence, arguments and ethics, to apply specialist skills and knowledge to global business issues; and to work out solutions to real world business cases and problems; develop the ability to locate, evaluate and reference needed data and qualitative information stored electronically and physically and to use state-of-the-art technology to produce high quality, persuasive and appropriate spoken and written presentations; develop the ability to work independently and to lead and participate in teams from diverse cultural and social backgrounds; develop knowledge of the financial services profession and the need to pursue life-long learning to be an effective leader and provide service to local, national and international communities.

Course structure

Course requirements

(a) Students must complete 10 core MBA units (60 points) as follows:

• MBA5005 Strategic management
• MBA9002 The legal environment of business
• MBA9003 Economics for managers
• MBA9004 Accounting for business
• MBA9005 Corporate finance
• MBA9006 Marketing
• MBA9007 Business analysis
• MBA9008 Managing and leading people at work
• MBA9010 Supply chain and operations management
• MBA9050 International business

(b) students must complete eight units (48 points) from the Master of Applied Finance degree as follows:

(i) two units (12 points) from the following list:

• AFF9150 Options, futures and risk management
• AFF9250 Financial management theory
• AFF9260 Australian capital markets
• AFF9350 Portfolio management and theory

(ii) three compulsory units (18 points):

• AFF5230 Financial markets and long-term funding
• AFF5250 Corporate treasury management
• AFF5270 Funds management

(iii) three units (18 points) from the following list:

• AFF5050 Advanced international banking
• AFF5130 Financial statement analysis and business valuation
• AFF5140 International finance
• AFF5251 Asian capital markets
• AFF5260 Money market dealing
• AFF5271 International investment management
• AFX5860 International studies in banking and finance

(c) students must complete two elective units (12 points) from 9000-level or 5000-level graduate units subject to the following conditions:

• elective units may be selected from any department in the Faculty of Business and Economics.

It is recommended that students consult with the course coordinator to ensure their elective units form a coherent study program.

Professional Recognition

Details of educational requirements for professional recognition can be found under the Professional Recognition entry in the Faculty of Business and Economics section of the Postgraduate Handbook.

Contact details

MBA programs: telephone +61 3 9903 1166; email: mba@buseco.monash.edu.au

Course coordinator

Associate Professor Peter Reed