single degree

Master of Financial Economics

A single two year graduate degree 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.
  • Field of Education
    • Banking and Finance
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Banking and Finance

The Master of Financial Economics is an elite, interdisciplinary degree preparing graduates for a career requiring advanced analytical skills and drawing on an 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

Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.

The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.

Learning Outcomes

Upon successful completion, students will have the skills and knowledge to:

  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

Further Information

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

Admission Requirements

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

Cognate Disciplines

Actuarial Studies, Economics, Finance, Statistics

English Language Requirements

All applicants must meet the University’s English Language Admission Requirements for Students.

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

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

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.

Annual indicative fee for domestic students
$34,032.00

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

Annual indicative fee for international students
$45,600.00

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

 

78 units from completion of the following compulsory courses:

 

ECON8011 Microeconomic Theory

 

ECON8013 Mathematical Techniques in Economics I

 

ECON8021 Topics in Microeconomic Theory

 

ECON8025 Diploma Microeconomics

 

EMET7001 Introduction to Economic Models

 

EMET8010 Applied Macro and Financial Econometrics

 

FINM7007 Applied Corporate Finance

 

FINM7008 Applied Investments

 

FINM8004 Advanced Corporate Finance

 

FINM8006 Advanced Investments

 

FINM8100 Applied Project in Finance

 

STAT6039 Principles of Mathematical Statistics

 

STAT8002 Applied Time Series Analysis

                           

                       

6 units from completion of courses from the following list:

 

ECON8053 Game Theory

 

ECON8080 Advanced Behavioral Economics

 

6 units from completion of courses from the following list:

 

ECON8037 Financial Economics

 

EMET8012 Business and Economic Forecasting

 

6 units from completion of courses from the following list:

 

ECON8026 Diploma Macroeconomics

 

FINM7003 Continuous Time Finance

 

FINM8009 Derivatives: Markets, Valuation and Risk Management

 

FINM8014 Applied Financial Intermediation and Debt Markets

 

FINM8016 Applied Portfolio Construction

 

FINM8017 Trading and Markets

Study Options

Year 1 48 units EMET7001 Mathematical Techniques for Economic Analysis 6 units FINM7008 Applied Investments 6 units STAT6039 Principles of Mathematical Statistics 6 units FINM7007 Applied Corporate Finance 6 units
ECON8025 Advanced Microeconomic Analysis 6 units ECON8013 Optimisation for Economics and Financial Economics 6 units EMET8010 Applied Macro and Financial Econometrics 6 units ECON8037 Financial Economics 6 units
Year 2 48 units ECON8011 Microeconomic Theory 6 units STAT8002 Applied Time Series Analysis 6 units FINM8004 Advanced Corporate Finance 6 units ECON8037, FINM8006, or one course from FINM7003,FINM8014,FINM8016,FINM8017,ECON8026
ECON8021 Topics in Microeconomic Theory 6 units ECON8053 Game Theory 6 units OR ECON8080; FINM8100 Applied Project in Finance 6 units FINM8006, or one course from FINM8009,FINM8016,ECON8026

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

Back to the top

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions