Monash University Handbook 2011 Postgraduate - Course

This course is designed for graduates seeking advanced knowledge and skills in finance. It aims to provide graduates with the skill set required to successfully operate as a professional in the financial services sector.

The Master of Applied Finance aims to produce graduates who will:

(a.) be critical and creative scholars who:

• produce innovative solutions to problems
• apply research skills to business challenges
• communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

• engage in an internationalised world
• exhibit cross cultural competence
• demonstrate ethical values

(c.) have a comprehensive understanding of their discipline and be able to provide discipline based solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to masters level in applied finance.

Students may be eligible for credit to a maximum of 50 per cent of course requirements for previous graduate level studies. Credits or exemptions will not be granted for undergraduate qualifications.

24 credit points

Upon successful completion of the course, graduates will satisfy the educational requirements for senior associate membership of the Financial Services Institute of Australasia and membership of The Finance and Treasury Association Limited at the Certified Finance and Treasury Professional (CFTP) level.

This course comprises three compulsory units and five electives.

Students must complete:

(a.) three compulsory units (18 points):

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

(b.) three further units (18 points) from the following list:

• AFF5040 Advanced security analysis
• AFF5050 Global banking institutions and issues
• AFF5130 Financial statement analysis and business valuation
• AFF5260 Money market dealing
• AFF5280 Institutional asset and liability management
• AFF5380 Credit risk modelling
• AFF5390 Advanced financial planning
• AFX5860 International studies in banking and finance

(c.) one of the following units (6 points):

• GSB9001 Personal development - critical thinking and communication
• GSB9002 Personal development - managing self and relationships

(d.) one further graduate-level unit (6 points) offered by any department in the Faculty of Business and Economics subject to approval by the course coordinator.

Students wishing to exit the Master of Applied Finance early may apply to graduate with a Graduate Certificate in Business, after successful completion of 24 points of study.

Master of Applied Finance