Postgraduate - Course4412 - Master of Applied Finance and Master of Applied Econometrics

This course provides the quantitative skills and expertise required to carry out regression analysis, forecasting and financial market analysis, designing and implementing applied econometric projects as well as providing advanced knowledge and skills in finance. These skills are extremely attractive to the business and financial services sector.

The Master of Applied Finance and Master of Applied Econometrics 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 and applied econometrics.

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.

48 credit points

For further details visit http://www.buseco.monash.edu.au/esg/asu/publications/professional-recognition.html

This course comprises nine compulsory units and six electives.

Student must complete:

(a) the following nine units (60 points):

• AFF5040 Advanced security analysis
• AFF5230 Global financial markets
• AFF5250 Corporate treasury management
• AFF5270 Funds management
• AFF5300 Case studies in finance
• ETF3200 Quantitative business analysis
• ETF5300 Applied financial econometrics
• ETF5550 Research project (12 points)
• ETF9300 Financial econometrics

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

• AFF9130 Financial planning
• AFF9150 Options, futures and risk management
• 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
• ETC5351 Modelling in finance and insurance
• ETF5231 Business forecasting

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

• ETF2700 Mathematics for business
• ETC2440 Mathematics for economics and business

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

• ETF3300 Quantitative methods for financial markets
• ETF9350 Econometrics for financial markets
• ETF3600 Quantitative models for business research

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

• ETF5200 Applied econometrics
• ETF5400 Special topics in econometrics I

(f.) two units (12 points) from the following list or units from (d.) not previously taken:

• ETC4400 Econometric theory
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics
• ETC4460 Financial econometrics 2
• ETC4480 Optimization for management
• ETC5400 Research topics in econometrics
• ETC5410 Special topics in econometrics
• ETF5000 Special reading unit 1
• ETF5410 Special topics in econometrics II

Students wishing to exit the Master of Applied Finance and Master of Applied Econometrics early may apply to graduate with one of the following, provided they have satisfied the requirements for that award:

• Graduate Certificate in Business after successful completion of 24 points of study
• Graduate Diploma in Business after successful completion of 48 points of study
• either of the single masters degrees subject to satisfying the requirements of the single degree.

Master of Applied Finance
Master of Applied Econometrics