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:
ECON6012 Optimisation for Economics and Financial Economics
ECON7073 Microeconomic Analysis
ECON8025 Advanced Microeconomic Analysis
ECON6037 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:
ECON6016 International Economics
ECON6034 Public Sector Economics
ECON6038 Industrial Organisation
ECON6041 Labour Economics and Industrial Relations
ECON6053 Game Theory
ECON8011 Microeconomic Theory
ECON8014 Computational Methods in Economics
ECON8021 Topics in Microeconomic Theory
ECON8078 Organisational Economics
ECON8080 Advanced Behavioural Economics
EMET6001 Applied micro-econometrics
EMET6010 Applied Macro and Financial Econometrics
EMET6012 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.
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.
Cognate Disciplines
Actuarial Studies, Economics, Finance, Statistics
Indicative fees
Domestic Tuition Fees (DTF)
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $53,700.00
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
- Utilise standard financial models to analyse and price financial assets.
- 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.
- Use time series statistics and financial econometrics to evaluate financial economic models.
- 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,
- 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