Program Requirements
The Master of Applied Finance requires the completion of 72 units, which must consist of:
60 units from completion of compulsory courses from the following list:
BUSN7008 Financial Statements and Reporting
FINM6005 Applied Valuation
FINM6016 Applied Portfolio Construction
FINM6041 Applied Derivatives
FINM7006 Applied Foundations of Finance
FINM7007 Applied Corporate Finance
FINM7008 Applied Investments
FINM8007 Topics in International Finance
STAT7038 Regression Modelling
STAT7055 Introductory Statistics for Business and Finance
6 units from completion of courses from the following list:
ECON8069 Business Economics
STAT6046 Financial Mathematics
6 units from completion of courses from the following list:
CBEA6070 ANU College of Business and Economics Internship Program
FINM6015 Applied Foundations of Fintech
FINM6045 Asian Capital Markets
FINM8014 Applied Financial Intermediation and Debt Markets
FINM8017 Trading and Markets
STAT6026 Graphical Data Analysis
STAT8130 Generalised Linear Modelling
Study Options
Year 1 48 units | BUSN7008 Financial Statements and Reporting 6 units | FINM7006 Applied Foundations of Finance 6 units | STAT7055 Introductory Statistics for Business and Finance 6 units | ECON8069 Business Economics 6 units OR STAT6046; |
FINM7007 Applied Corporate Finance 6 units | FINM7008 Applied Investments 6 units | FINM8007 Topics in International Finance 6 units | STAT7038 Regression Modelling 6 units | |
Year 2 | FINM6041 Applied Derivatives 6 units | FINM6005 Applied Valuation 6 units | FINM6016 Applied Portfolio Construction 6 units | A course from the prescribed list |
Admission Requirements
Applicants must present one of the following:
- A Bachelor degree or international equivalent with a minimum GPA of 5.0/7.0, with courses in at least one cognate area
- An ANU Graduate Certificate of Finance and Actuarial Statistics (Finance Specialisation) with a minimum GPA of 4.5/7.00
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: Accounting, Actuarial Studies, Business, Business Information Systems, Economics, Finance, International Business, Management, Marketing, Mathematics, 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.
Pathways
Students that achieve a grade average of 60% in the first year of the Master of Applied Finance program can apply to transfer to the Master of Finance program as a pathway to progress to an Australian Qualifications Framework level 10 (Doctoral Degree) subject to specific admission requirements
Indicative fees
- Annual indicative fee for domestic students
- $37,520.00
For more information see: http://www.anu.edu.au/students/program-administration/costs-fees
- Annual indicative fee for international students
- $56,120.00
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.
Do you dream of working in the leading financial cities of the world: New York, London, Shanghai, Sydney and Hong Kong? Have you ever wondered why some companies are successful and others fail? Are you interested in learning how to maximise profits and minimise risk? The ANU Master of Applied Finance will equip you to excel in the financial marketplace. This program is for you if you are, or are intending to become, a specialist in finance, or a professional offering advice in this area.
As a student you will be challenged to solve a variety of financial problems and will develop a keen analytical mind which will prove invaluable in the fast changing world of finance. As a Master of Applied Finance graduate from the Australian National University you will be highly sought-after by employers both in Australia and around world.
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
- Describe the three ideas underpinning finance: the time value of money; diversification; and, arbitrage
- Critically assess the application of these three ideas to corporate financial decision-making; investment decisions and portfolio management; derivatives and risk management; portfolio construction; corporate valuation; and debt markets.
- Use strong cognitive, technical and communication skills in interpreting, analysing, and evaluating financial information and problems.
- Use professional abilities that will enhance research and analytical skills.
Inherent Requirements
Information on inherent requirements is currently not available for this program
Further Information
For Domestic Students applying through UAC: If you have completed an overseas qualification, please send a scanned copy of your original testamur (graduation certificate) and academic transcript through to info.cbe@anu.edu.au. The scanned documents should be in colour and unaltered in size. Please include your name and UAC number in the email.
Please note we only accept notarised or translated outlines with the university seal or translated outlines by NAATI (National Accreditation Authority for Translators and Interpreters).
Applications for Credits and Exemptions:
Information on applying for credits and/or exemptions from prior study can be found under the “First Year Advice” tab.
About this degree
Credits and Exemptions
Students may apply for credits or exemptions for prior coursework using the steps outlined here: https://cbe.anu.edu.au/current-students/guides-policies-and-forms/credit/exemption-guideline.
Credit eligibility for this program is as follows:
- Up to a maximum of 24 units of credit for prior completed studies
- Up to a maximum of 18 units from prior completed undergraduate studies
Exempted units are to be replaced by courses within the concluding component of the Master of Finance, subject to availability, requisite and incompatibility requirements. The courses within the Master of Finance can be found here: https://programsandcourses.anu.edu.au/program/7418xmfin.
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.
Study Options
Master of Applied Finance
In Semester 1, ECON8069 Business Economics can be substituted with STAT6046 Financial Mathematics.Academic Advice
If after reading through these guidelines you are unsure about which courses to enrol in, you can seek academic advice from the CBE Student Services during Orientation week or via email at info.cbe@anu.edu.au or contact your program convenor, Dr Anna von Reibnitz via email at anna.vonreibnitz@anu.edu.au.
If you are required to have a permission number to enrol the course, or any course that is approved by Dr von Reibnitz, please email info.cbe@anu.edu.au.
Do you want to talk to someone before enrolling?
Contact info.cbe@anu.edu.au