The major in Finance introduces students to the basic concepts underpinning finance, applying them to the study of financial instruments and markets; the financial decisions facing the firm; investment decisions and portfolio management; derivatives and risk management. In addition, depending upon the electives chosen students will study portfolio construction; corporate valuation; and debt markets. The aim of the major in Finance is to develop skills and competencies in students that will enable them to embark upon a professional career in the fields of financial management, financial consulting and planning, funds management, investment banking and stockbroking.
Learning Outcomes
- Understand the three basic ideas underpinning finance: the time value of money; diversification; and, arbitrage and their application to corporate financial decision-making; investment decisions and portfolio management; derivatives and risk management; portfolio construction; corporate valuation; and debt markets.
- Recognise the important role of investment and financing decisions, equities, bonds and derivatives in the financial markets.
- Apply theoretical foundations in practice.
- Develop the skills necessary to work independently and collaboratively to collect, process, interpret and communicate the outcomes of financial problems.
Relevant Degrees
Requirements
This major requires the completion of 48 units which must include:
24 units from the completion of the following course(s):
FINM1001 - Foundations of Finance
FINM2001 - Corporate Finance
FINM2002 - Derivatives
FINM2003 - Investments
6 units from the completion of the following course(s):
STAT1003 - Statistical Techniques
STAT1008 - Quantitative Research Methods
18 units from the completion of the following course(s):
FINM3006 - Financial Intermediation and Debt Markets
FINM3005 - Corporate Valuation
FINM3008 - Portfolio Construction
24 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| FINM1001 | Foundations of Finance | 6 |
| FINM2001 | Corporate Finance | 6 |
| FINM2002 | Derivatives | 6 |
| FINM2003 | Investments | 6 |
6 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| STAT1003 | Statistical Techniques | 6 |
| STAT1008 | Quantitative Research Methods | 6 |
6 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| EMET1001 | Foundations of Economic and Financial Models | 6 |
| MKTG2003 | Marketing for Financial Services | 6 |
| STAT2032 | Financial Mathematics | 6 |
12 units from completion of the following course(s):
| Code | Title | Units |
|---|---|---|
| FINM3005 | Corporate Valuation | 6 |
| FINM3006 | Financial Intermediation and Debt Markets | 6 |
| FINM3008 | Portfolio Construction | 6 |
