single degree

Master of Financial Economics

A single two year graduate award offered by the ANU College of Business and Economics

MFIEC
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Academic plan MFIEC
  • Post Nominal MFinEc
  • CRICOS code 086226D
  • Mode of delivery
    • In Person
  • Field of Education
    • Banking Finance and Related Fi
  • Academic contact
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Academic plan MFIEC
  • Post Nominal MFinEc
  • CRICOS code 086226D
  • Mode of delivery
    • In Person
  • Field of Education
    • Banking Finance and Related Fi
  • Academic contact

Program Requirements

The Master of Financial Economics requires the completion of 96 units, which must consist of:

  78 units from completion of the following compulsory courses:

ECON7073 Microeconomic Analysis

ECON8013 Optimisation for Economics and Financial Economics

ECON8025 Advanced Microeconomic Analysis

ECON8037 Financial Economics

EMET7001 Mathematical Techniques for Economic Analysis

EMET8005 Econometric Methods and Modelling

FINM7006 Applied Foundations of Finance

FINM7007 Applied Corporate Finance

FINM7008 Applied Investments

FINM8004 Advanced Corporate Finance

FINM8006 Advanced Investments

FINM8100 Applied Project in Finance

STAT7055 Introductory Statistics for Business and Finance

12 units from the following elective courses: 

ECON8011 Microeconomic Theory

ECON8014 Computational Methods in Economics

ECON8015 International Economics

ECON8021 Topics in Microeconomic Theory

ECON8034 Public Sector Economics

ECON8041 Labour Economics and Industrial Relations

ECON8053 Game Theory

ECON8038 Industrial Organisation

ECON8078 Organisational Economics

ECON8080 Advanced Behavioural Economics

EMET8001 Applied micro-econometrics

EMET8010 Applied Macro and Financial Econometrics

EMET8012 Business and Economic Forecasting

EMET8014 Advanced Econometrics I

 

6 units from the following elective courses: 

FINM6016 Applied Portfolio Construction

FINM6041 Applied Derivatives

FINM6045 Asian Capital Markets

FINM8007 Topics in International Finance

FINM8017 Trading and Markets

Study Options

Year 1 48 units EMET7001 Mathematical Techniques for Economic Analysis 6 units ECON7073 Microeconomic Analysis 6 units STAT7055 Introductory Statistics for Business and Finance 6 units FINM7006 Applied Foundations of Finance 6 units
ECON8013 Optimisation for Economics and Financial Economics 6 units EMET8005 Econometric Methods and Modelling 6 units FINM7007 Applied Corporate Finance 6 units FINM7008 Applied Investments 6 units
Year 2 48 units ECON8025 Advanced Microeconomic Analysis 6 units FINM8004 Advanced Corporate Finance 6 units One from ECON/EMET elective course list One from FINM elective course list
ECON8037 Financial Economics 6 units FINM8006 Advanced Investments 6 units FINM8100 Applied Project in Finance 6 units One from ECON/EMET elective course list

Admission Requirements

Applicants must present the following:

  • A Bachelor degree or international equivalent in a cognate discipline with a minimum GPA of 5.0/7.0

The GPA for a Bachelor program will be calculated from (i) a completed Bachelor degree using all grades and/or (ii) a completed Bachelor degree using all grades other than those from the last semester (or equivalent study period) of the Bachelor degree. The higher of the two calculations will be used as the basis for admission.

Cognate Disciplines: Actuarial Studies, Economics, Finance, Statistics

Ranking and English language proficiency: At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry. In line with the University's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors. Applicants will first be ranked on a GPA ('GPA1') that is calculated using all but the last semester (or equivalent) of the Bachelor degree used for admission purposes. If required, ranking may further be confirmed on the basis of:

  • a GPA ('GPA2') calculated on the penultimate and antepenultimate semesters (or equivalent) of the Bachelor degree used for admission purposes; and/or
  • demonstrating higher-level English language proficiency

Prior to enrolment in this ANU program, all students who gain entry will have their Bachelor degree reassessed, to confirm minimum requirements were met.

Further information: English language admission requirements and post-admission support

Diversity factors: As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.

Assessment of qualifications: Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met.

Where an applicant has more than one completed tertiary qualification, ANU will base assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au.

Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base assessment on the best GPA of all completed tertiary qualifications of the same level or higher.

ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications.

Domestic Tuition Fees (DTF)

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$46,680.00

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

Fee Information

All students are required to pay the Services and amenities fee (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

The Master of Financial Economics is an elite, interdisciplinary degree preparing graduates for a career requiring advanced analytical skills and drawing on advanced knowledge of finance and economics. The program not only teaches students how to apply well-known models but also equips them with an understanding of the technical foundations of those models. These skills are highly marketable because they allow for the design and empirical testing of new financial instruments and models in new market environments.

Career Options

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

Learning Outcomes

  1. Utilise standard financial models to analyse and price financial assets.
  2. Utilise their understanding of the economic foundations of financial assets as claims on resources in various market and corporate settings to design financial instruments and strategies.
  3. Use time series statistics and financial econometrics to evaluate financial economic models.
  4. Justify and communicate the necessary management skills for dealing with organisations, teams and policy issues, so as to be able to work independently and collaboratively to collect, process, interpret and communicate the outcomes of financial-economic problems; and,

  5. Demonstrate the skills necessary to critically engage with and evaluate financial economic problems

Inherent Requirements

Information on inherent requirements is currently not available for this program

Further Information

The program is available for entry only in Semester 1 (February) each year.

Enrolment Status

It is possible to enrol in less than 24 units per semester but it will take you longer to finish your program and get your degree. If you are an international student you must always be enrolled full-time in 24 units each semester.

You are encouraged to enrol in courses for both First Semester and Second Semester.  You will be able to change your enrolment in courses up until Monday of week 2 of each semester without penalty.

Do you want to talk to someone before enrolling?

Contact info.cbe@anu.edu.au

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