Do you dream of living and thriving in the leading financial cities of the world - New York, London, Shanghai, Sydney or Hong Kong? Stop dreaming and get going. An ANU Bachelor of Finance will equip you to excel in the global financial marketplace.
As a student you will be challenged to solve a variety of financial problems while developing a keen analytical mind. Having these skills will prove invaluable in the fast changing world of finance.
As a Bachelor of Finance graduate from the Australian National University you will be highly sought-after, so aim high and think about which cityscape view you want from your office.
Statistics opens the door to understanding our world through the exploration of data and the modelling of uncertainty. The need for statistics is growing rapidly as our ability to collect massive amounts of data outruns our ability to understand and use the data we collect. Hal Varian, Chief Economist at Google, declared that “the sexy job in the next ten years will be statisticians”, as the challenge of understanding large, complex data structures mounts. It is estimated that 2.5 exabytes of data is generated every single day, with the accumulated amount of data doubling every 18 months, and that 90% of all data ever gathered was produced within the last two years. What’s more, statistics is critical for every discipline for which data play a role, and in responding to the world’s biggest challenges such as climate change, terrorism, health and medicine, and global economic conditions. Some of the world’s largest employers of statisticians include Google and Facebook as well as governments, financial institutions, medical and pharmaceutical industries, universities and many other sectors. By completing a BStat at ANU, you stand ready to meet humanity’s biggest challenges by understanding the world we observe through the eyes of data and statistical and probability modelling.
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.
Employment Opportunities
Finance has applications in many fields including banking, financial consulting and planning, funds management, merchant banking, stock broking, and treasury. Examples of job titles are listed below:
Financial dealer/broker
Financial dealers and brokers conduct financial market transactions on behalf of clients and offer advice on financial matters.
Financial manager/analyst/specialist
Combines financial knowledge with management, marketing, and operational skills in order to recognise the impact of financial data on the business as a whole, as well as on individual areas within the business. Translates financial data into non-financial terms and communicates it to all levels within the organisation.
Mathematical statistician
Designs and analyses experiments, develops new statistical theories and forecasting models, and designs sample surveys and quality control systems.
Corporate treasurer
Plans short and long term finance for organisations and advises on the financial consequences of internal and external decisions. They design investment portfolios to manage financial risk for organisations by acquiring, looking after, and investing funds.
Operations manager
Possesses expertise in both finance and information technology. Usually works closely with the Chief Finance Officer and the IT department, to measure the value of software and web-deployed applications. Helps businesses make decisions that are both financially and technologically sound. Is also responsible for working with vendors of financial software and applications.
Finance has applications in many fields including banking, financial consulting and planning, funds management, merchant banking, stock broking, and treasury. Examples of job titles are listed below:
Financial dealer/broker
Financial dealers and brokers conduct financial market transactions on behalf of clients and offer advice on financial matters.
Financial manager/analyst/specialist
Combines financial knowledge with management, marketing, and operational skills in order to recognise the impact of financial data on the business as a whole, as well as on individual areas within the business. Translates financial data into non-financial terms and communicates it to all levels within the organisation.
Mathematical statistician
Designs and analyses experiments, develops new statistical theories and forecasting models, and designs sample surveys and quality control systems.
Corporate treasurer
Plans short and long term finance for organisations and advises on the financial consequences of internal and external decisions. They design investment portfolios to manage financial risk for organisations by acquiring, looking after, and investing funds.
Operations manager
Possesses expertise in both finance and information technology. Usually works closely with the Chief Finance Officer and the IT department, to measure the value of software and web-deployed applications. Helps businesses make decisions that are both financially and technologically sound. Is also responsible for working with vendors of financial software and applications.
Learning Outcomes
- Recognise the important role of investment and financing decisions, equities, bonds and derivatives in the financial markets.
- Demonstrate an understanding of 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.
- Apply theoretical foundations in practice to various discipline backgrounds.
- Develop the skills necessary to critically engage with and evaluate financial problems.
- Using a diverse range of discipline backgrounds and varied data, develop the skills necessary to collect, process, interpret and communicate the outcomes of financial problems.
- Review and synthesise a broad range of statistical knowledge from their chosen major.
- Use the R statistical computing language to carry out a wide variety of statistical tasks.
- Carry out model selection in a multiple linear regression modelling context in various discipline backgrounds.
- Describe the concepts of stochastic processes in discrete and continuous time.
- Describe and interpret probability theory, continuous random variables, and sampling distributions and the central limit theorem.
- Using a diverse range of discipline backgrounds and varied data, analyse programming problems to suggest, design and implement appropriate modular program structures, based on a data-directed approach.
Further Information
Electives:
Students have 48 units of electives in a single degree program. Electives can be selected from CBE or other Colleges. No more than 10 courses at 1000 level.
Students wish to undertake an out of college elective may contact the relevant College directly.
Student Responsibility:
It is the student's responsibility to select electives in such a way that:
- they satisfy prerequisites for the corresponding course/s.
- they conform to the rules set out in Programs and Courses or if unsure seek advice from the CBE office.
It is the student's responsibility to select the courses appropriate for his/her program.
Bachelor of Finance/Bachelor of Applied Data Analytics:
If students take this program in a Flexible Double Degree with a Bachelor of Applied Data Analytics, you will need to replace overlapping STAT courses with later year FINM or STAT courses.
Quantitative Finance Major:
If you wish to take Quantitative Finance Major, you will need to take MATH1113 in your first year of study.
FDD with Commerce:
Bachelor of Finance cannot be combined with Bachelor of Commerce with a Finance major.
Investments Course:
The Investments course has been recoded from FINM2003 to FINM3011 (the FINM2003 version has been disestablished). From 2025, students need to enrol in FINM3011 to complete the Investments course.
Electives:
Students have 48 units of electives in a single degree program. Electives can be selected from CBE or other Colleges. No more than 10 courses at 1000 level.
Students wish to undertake an out of college elective may contact the relevant College directly.
Student Responsibility:
It is the student's responsibility to select electives in such a way that:
- they satisfy prerequisites for the corresponding course/s.
- they conform to the rules set out in Programs and Courses or if unsure seek advice from the CBE office.
It is the student's responsibility to select the courses appropriate for his/her program.
Bachelor of Finance/Bachelor of Applied Data Analytics:
If students take this program in a Flexible Double Degree with a Bachelor of Applied Data Analytics, you will need to replace overlapping STAT courses with later year FINM or STAT courses.
Quantitative Finance Major:
If you wish to take Quantitative Finance Major, you will need to take MATH1113 in your first year of study.
FDD with Commerce:
Bachelor of Finance cannot be combined with Bachelor of Commerce with a Finance major.
Investments Course:
The Investments course has been recoded from FINM2003 to FINM3011 (the FINM2003 version has been disestablished). From 2025, students need to enrol in FINM3011 to complete the Investments course.
Admission Requirements
- ATAR:
- 80
- International Baccalaureate:
- 30
Prerequisites
There are no formal program prerequisites. But assumed knowledge is:-ACT: Mathematical Methods (Major)/Further Mathematics/Specialist Mathematics (major)/ Specialist Methods or NSW: HSC Mathematics Advanced or equivalent. More information about interstate subject equivalencies can be found here.
- ACT:
Required: Mathematical Methods (Major) / Further Mathematics (Major) / Specialist Mathematics (Major) / Specialist Methods (Major)
Recommended: Specialist Mathematics/Specialist Methods (Major/Minor)
- NSW:
Required: Mathematics Advanced or equivalent
Recommended: Mathematics Extension 1 or equivalent
- VIC: Mathematics Methods or equivalent
- QLD: Mathematics Methods or equivalent
- TAS: Mathematical methods/Mathematics Specialised/Mathematics 1 and II through U Tas/Both Mathematics 1 and II through UTAS/Both Advanced Calculus and Applications 1A and 1B through UTAS
- SA / NT: Mathematical Methods or equivalent
- WA: Mathematical Methods or equivalent
- IB: Mathematics: Applications and Interpretations HL/Mathematics: Analysis and Approaches SL or HL
Adjustment Factors
Adjustment factors are combined with an applicant's secondary education results to determine their Selection Rank. ANU offers adjustment factors based on equity, diversity, and/or performance principles, such as for recognition of difficult circumstances that students face in their studies.
To be eligible for adjustment factors, you must have:
- achieved a Selection Rank of 70 or more before adjustment factors are applied
- if you have undertaken higher education, completed less than one year full-time equivalent (1.0 FTE) of a higher education program
- applied for an eligible ANU bachelor degree program
Please visit the ANU Adjustment Factors website for further information.
Indicative fees
Bachelor of Finance - Commonwealth Supported Place (CSP)
Bachelor of Statistics - Commonwealth Supported Place (CSP)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $53,700.00
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.
Program Requirements
The Bachelor of Finance flexible double degree component requires completion of 96 units, of which:
A maximum of 48 units may come from completion of 1000-level courses
A minimum of 12 units of courses tagged as Transdisciplinary Problem-Solving
The 96 units must include:
30 units from completion of the following compulsory courses:
BUSN1001 Business Reporting and Analysis
ECON1101 Microeconomics 1
ECON2101 Microeconomics 2
FINM1001 Foundations of Finance
STAT1008 Quantitative Research Methods
6 units from completion of a course from the following list:
ECON1100 Economics 1 (H)
ECON1102 Macroeconomics 1
12 units from completion of a course from the following list:
BUSN2036 Financial Statement Analysis
CBEA2001 Australian Indigenous Perspectives in Business and Economics
CBEA3001 College of Business and Economics Special Industry Project (UG)
CBEA3066 Global Business Immersion
CBEA3070 ANU College of Business and Economics Internship Program
EMET1001 Foundations of Economic and Financial Models
FINM3009 Student Managed Fund and FINM3010 Student Managed Fund Extension (12 units*)
FINM3015 Foundations of Fintech
MATH1013 Mathematics and Applications 1
MATH1113 Mathematical Foundations for Actuarial Studies
MATH1115 Advanced Mathematics and Applications 1
STAT2032 Financial Mathematics
Any other ANU courses
*Enrolment in the Student Managed Fund (SMF) courses requires 12 units over two consecutive semesters. For more information, please see the SMF website (https://rsfas.anu.edu.au/study/student-managed-fund) and the application page (https://rsfas.anu.edu.au/news/smf-applications).
48 units from completion of one of the following majors:
Asian Capital Markets
Capital Markets
Quantitative Finance
If your flexible double degree is within the College of Business and Economics (for example Commerce and Economics), the below study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective. Please note that you cannot exceed 8 out of college electives.
The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Commerce.
For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed. If all courses in a major and/or minor are compulsory courses in the degree, the major and/or minor will not be listed on the transcript.
The Bachelor of Statistics flexible double degree component requires completion of 96 units, of which:
A maximum of 48 units may come from completion of 1000-level courses
The 96 units must consist of:
48 units from the completion of one of the following statistics majors:
Applied Statistics
Probability and Stochastic Processes
Statistical Data Analytics
Theoretical Statistics
6 units from completion of the following compulsory courses:
STAT2005 Introduction to Stochastic Processes
6 units from completion of an introductory statistics course from the following list:
STAT1003 Statistical Techniques
STAT1008 Quantitative Research Methods
6 units from completion of an introductory mathematical statistics course from the following list:
STAT2001 Introductory Mathematical Statistics
STAT2013 Introductory Mathematical Statistics for Actuarial Studies
6 units from completion of a regression course from the following list:
STAT2008 Regression Modelling
STAT2014 Regression Modelling for Actuarial Studies
12 units from completion of an introductory mathematics courses from the following list:
MATH1013 Mathematics and Applications 1
MATH1014 Mathematics and Applications 2
MATH1115 Advanced Mathematics and Applications 1
MATH1116 Advanced Mathematics and Applications 2
12 units from completion of courses from the following list:
COMP1100 Programming as Problem Solving
COMP1730 Programming for Scientists
CBEA2001 Australian Indigenous Perspectives in Business and Economics
CBEA3001 College of Business and Economics Special Industry Project (UG)
CBEA3066 Global Business Immersion
CBEA3070 ANU College of Business and Economics Internship Program
MATH2301 Games, Graphs and Machines
MATH3511 Scientific Computing
Any other ANU courses
If your flexible double degree is within the College of Business and Economics (for example Commerce and Economics), the below study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective. Please note that you cannot exceed 8 out of college electives.
Students enrolled in Bachelor of Statistics/Bachelor of Actuarial Studies degree will need to enrol in STAT2013 and STAT2014, instead of STAT2001 and STAT2008.
Students enrolled in Bachelor of Statistics/Bachelor of Advanced Computing (Hons) degree will need to enrol in MATH1115 and MATH1116, instead of MATH1013 and MATH1014. Also, in the Bachelor of Statistics, these students should replace COMP1100 with an elective, as they will completing COMP1130 in the BAC (Hons) degree, which is an incompatible course.
For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed. If all courses in a major and/or minor are compulsory courses in the degree, the major and/or minor will not be listed on the transcript.
Majors
Bachelor of Finance Majors
Minors
Bachelor of Statistics Minors
Study Options
| Year 1 | FINM1001 Foundations of Finance 6 units | STAT1008 Quantitative Research Methods 6 units | STAT1008 Quantitative Research Methods 6 units | MATH1115 Advanced Mathematics and Applications 1 6 units |
| Compulsory Course from the List ( 6 units) | FINM2001 Corporate Finance 6 units | COMP1100 Programming as Problem Solving 6 units | MATH1116 Advanced Mathematics and Applications 2 6 units | |
| Year 2 | ECON1101 Microeconomics 1 6 units | STAT2008 Regression Modelling 6 units | STAT2001 Introductory Mathematical Statistics 6 units | STAT2008 Regression Modelling 6 units |
| BUSN1001 Business Reporting and Analysis 6 units | ECON1102 Macroeconomics 1 6 units | STAT2005 Introduction to Stochastic Processes 6 units | Major Course Applied stats major STAT3011 | |
| Year 3 | FINM2003 Investments 6 units | Finance Major 6 units | Major Course Applied stats major STAT3012 | MATH3511 Scientific Computing 6 units |
| FINM2002 Derivatives 6 units | CBE List 1 Elective 6 units | Major Course Applied stats major STAT3015 | Major Course Applied stats major STAT3008 or STAT3016 | |
| Year 4 | ECON2101 Microeconomics 2 6 units | Finance Major 6 units | Major Course Applied stats major STAT3032 | Major Course Applied stats major (STAT Course) |
| Finance Major 6 units | Finance Major 6 units | Major Course Applied stats major (EMET course) | Major Course Applied stats major (STAT Course) |
Back to the Bachelor of Finance page
The Bachelor of Finance offers you a rigorous program of training in
the theory and applications of finance. The program involves a core in
mainstream finance supplemented by studies in related quantitative
techniques, methodologies, economics, and management.
Single degree
In a Bachelor of Finance single degree program you will study a total of 24 courses (144 units). Typically you will take 4 courses per semester (total of 24 units) as a full time student. You will need to complete a minimum of 14 CBE courses (84 units) but will also get to choose up to 10 courses (60 units) from other ANU Colleges. You can try a range of ANU courses of interest to you, potentially leading to one or more majors and/or minors; the choice is yours.
Double degree
In a double degree program you will study a total of 14 core CBE courses (84 units) and 2 elective courses (12 units) towards the Bachelor of Finance, and a further 16 or 24 courses (96 or 144 units) towards the second degree. Typically you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 32 or 40 courses (192 or 240 units) across your whole double degree. However, for each semester you are likely to take 2 courses from your Finance degree and then 2 courses from the other half of you degree - totalling 4 courses a semester.
Enrolment Status
It is
possible to enrol in fewer courses 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, or have an approved Reduced Study Load.
Important things to keep in mind when choosing your 1000-level courses
When you enrol for the first time you will study ‘1000-level’
courses. These courses have ‘1’ as the first number in their course
code, such as BUSN1001, and are typically referred to as 'First Year Courses'.
Please also note that:
- You need to enrol in courses for both First Semester and Second Semester.
- In your first year, you cannot study more than four courses (24 units) per semester, eight for the year.
- You may take 1000-level courses later in your program. There is a maximum of 10 courses (60 units) of 1000-level courses in a single degree, and a maximum of 8 courses (48 units) of 1000-level courses in the CBE half of a double degree.
- You can change your enrolment in courses via self-enrolment up until the Monday of Week 2.
Electives
You can use your electives to enrol in any courses that you like, provided you meet prerequisite requirements.
Remember that you can choose up to 10 ANU wide courses if you are undertaking the single Bachelor of Finance degree. If you are in a double degree, you can choose 2 ANU wide elective courses.
Study Options
Bachelor of Finance
This is a typical study plan for the first year of a student undertaking a Bachelor of Finance degree, commencing Semester 1Study Options
| Year 1 48 units | BUSN1001 Business Reporting and Analysis 6 units | ECON1101 Microeconomics 1 6 units | STAT1008 Quantitative Research Methods 6 units | FINM1001 Foundations of Finance 6 units |
| ECON1102 Macroeconomics 1 6 units | Finance Major Course - suggest FINM2001 | Elective Course 6 units | Elective Course 6 units |
Bachelor of Finance - Double Degree
This is a typical study pattern for the first year of a student undertaking a Bachelor of Finance with another degree, such as the Bachelor of Arts (degree B), commencing Semester 1Study Options
| Year 1 48 units | BUSN1001 Business Reporting and Analysis 6 units | FINM1001 Foundations of Finance 6 units | Degree B Course | Degree B Course |
| STAT1008 Quantitative Research Methods 6 units | ECON1101 Microeconomics 1 6 units | Degree B Course | Degree B Course |
Academic Advice
In order to complete the Quantitative Finance major, students will need to complete the following courses as electives:
If after reading through these guidelines you are unsure about which courses to enrol in, you can email info.cbe@anu.edu.au
If you are seeking status (credit) from previous study at another university you will need to submit a copy of your official transcript, detailed course outlines and a completed credit application form. For further information about the process and links to the application form, please visit: https://cbe.anu.edu.au/current-students/student-guides-and-forms/apply-credit/exemption
Additional advice for commencing students can be found at: https://www.cbe.anu.edu.au/fasttrack
Back to the Bachelor of Statistics page
The Bachelor of Statistics offers a rigorous program of training in the
theory and application of statistics. The program involves a core
mainstream statistical application and theory, supplemented by studies
in specialist streams. You may choose to specialise in any of a
number of areas including: Business Statistics, Econometrics, Financial
Statistics, Statistical Methodology, Applied Probability and
Psychological or Sociological Research Methods.
Single degree
In a Bachelor of Statistics single degree program you will study a total of 24 courses (144 units). Typically you will take 4 courses per semester (total of 24 units) as a full time student.
You will need to complete a minimum of 14 CBE courses (84 units) but will also get to choose up to 10 courses (60 units) from other ANU Colleges. You can try a
range of ANU courses of interest to you, potentially leading to one or
more majors and/or minors; the choice is yours.
Double degree
In a double degree program you will study a total of 14 core CBE courses (84 units) and 2 elective courses (12 units) towards the Bachelor of Statistics, and a further 16 or 24 courses (96 or 144 units) towards the second degree.
Typically, you will take 4 courses per semester (total of 24 units) as a full time student giving you a total of 32 or 40 courses (192 or 240 units) across your whole double degree. However, for each semester you are likely to take 2 courses from your Statistics degree and 2 courses from the other half of your double degree - totalling 4 courses a semester.
Enrolment Status
It is possible to enrol in fewer courses 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, or have an approved Reduced Study Load.
Important things to keep in mind when choosing your 1000-level courses
When you enrol for the first time you will study ‘1000-level’
courses. These courses have ‘1’ as the first number in their course
code, such as BUSN1001, and are typically referred to as 'First Year Courses'.
Please also note that:
- You need to enrol in courses for both First Semester and Second Semester.
- In your first year, you cannot study more than four courses (24 units) per semester, eight for the year.
- You
may take 1000-level courses later in your program. There is a maximum of 10 courses (60 units) of 1000-level courses in a single degree, and a maximum of 8 courses (48 units) of 1000-level courses in the CBE half of a double degree.
- You can change your enrolment in courses via self enrolment up until the Monday of Week 2.
Electives
You can use your electives to enrol in any courses that you like, provided you meet prerequisite requirements.
Remember that you can choose up to 10 ANU wide elective courses if you are undertaking the single Bachelor of Statistics degree. If you are in a double degree, you can choose 2 ANU wide elective courses.
Study Options
Bachelor of Statistics
This is a typical study plan for the first year of a student undertaking a Bachelor of Statistics starting in Semester 1Study Options
| Year 1 48 units | STAT1003 Statistical Techniques 6 units OR STAT1008; | MATH1115 Advanced Mathematics and Applications 1 6 units OR MATH1013; | Elective Course - recommend COMP1100 for Statistical Data Analysis Major | Elective course 6 units |
| MATH1116 Advanced Mathematics and Applications 2 6 units OR MATH1014; | Statistical Major Course 6 units | Elective course 6 units | Elective course 6 units |
Bachelor of Statistics - Double Degree
This is a typical study plan for the first year of a student undertaking a Bachelor of Statistics degree with another degree, such as the Bachelor of Arts (degree B), commencing in Semester 1Study Options
| Year 1 48 units | STAT1003 Statistical Techniques 6 units OR STAT1008; | MATH1115 Advanced Mathematics and Applications 1 6 units OR MATH1013; | Degree B course 6 units | Degree B course 6 units |
| Elective Course - recommend COMP1100 | MATH1116 Advanced Mathematics and Applications 2 6 units OR MATH1014; | Degree B course 6 units | Degree B course 6 units |
Academic Advice
In order to complete the Major in Statistical Data Analysis, students will need to complete COMP1100 in their first semester.
If after reading through these guidelines you are unsure about your which courses to enrol in, you can email info.cbe@anu.edu.au
If you are seeking status (credit) from previous study at another university you will need to submit a copy of your official transcript, detailed course outlines and a completed credit application form. For further information about the process and links to the application form, please visit: https://cbe.anu.edu.au/current-students/student-guides-and-forms/apply-credit/exemption
Additional advice for commencing students can be found at: https://www.cbe.anu.edu.au/fasttrack
