Monash University

Postgraduate - Course

Students who commenced study in 2013 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

print version

This course entry applies to students commencing this course in 2013 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleMAppFin/MBus(Acc)
CRICOS code064999G
Total credit points required96
Standard duration of study (years)2 years FT, 4 years PT
Study mode and locationOn-campus (Caulfield)
Admission, fee and application details
Contact details

Graduate Student Office

Telephone: +61 3 9903 1400

Fax: +61 3 9903 1357


Course coordinator

Dr Michael De Martinis


  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.


This course enables students to gain knowledge and skills which are essential attributes for accounting graduates and finance professionals. The course aims to provide graduates with theoretical constructs and their applications for their work as finance and accounting professionals.


Credit for prior studies

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.

Maximum credit allowed

48 credit points

Professional recognition


This course consists of 11 compulsory units and five electives.


Students must complete:

(a.) eleven compulsory units (66 points):

  • AFF5040 Advanced security analysis
  • AFF5100 Advanced strategic management accounting
  • AFF5130 Financial statement analysis and business valuation
  • AFF5150 Financial reporting issues
  • AFF5230 Global financial markets
  • AFF5250 Corporate treasury management
  • AFF5270 Funds management
  • AFF5300 Case studies in finance
  • AFX5120 Forensic accounting and fraud examination
  • AFX5330 Integrated systems for business enterprises
  • ETF9300 Financial econometrics.

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

  • MGX9001 Personal development - critical thinking and communication
  • MGX9002 Personal development - managing self and relationships.

(c.) two further units (12 points) from the following list:

  • AFF5050 Global banking institutions and issues
  • AFF5260 Money market dealing
  • AFF5280 Institutional asset and liability management
  • AFF5380 Credit risk modelling
  • AFF5390 Advanced financial planning
  • AFF9130 Financial planning
  • AFF9150 Options, futures and risk management
  • AFX5860 International studies in banking and finance
  • ETF5300 Applied financial econometrics
  • ETF5231 Business forecasting.

(d.) two further graduate-level units (12 points) offered by any department or faculty subject to the approval of the course coordinator.

Available units can be identified via the index of units by faculty at or by browsing units at

Alternative exit(s)

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

  • 1679 Graduate Certificate in Business after successful completion of 24 points of study
  • 3848 Graduate Diploma in Business after successful completion of 48 points of study
  • either of the single master's degrees (3818 Master of Applied Finance or 0503 Master of Business (Accounting)) subject to satisfying the requirements of the single degree.


Master of Applied Finance
Master of Business (Accounting)