Course Information

Master of Finance and Banking

Effective from 01-JAN-2025 : Code L98

This coursework Masters is designed for students seeking a comprehensive postgraduate degree in applied finance, financial management and financial analysis and investment strategy skills. The course prepares students to work in the dynamic financial services industry. The course focuses on how individuals, financial institutions, businesses and governments make borrowing, lending and investment decisions. Students will learn how to identify, analyse and interpret financial information and use industry-relevant databases and software. The financial services industry demands graduates who can work in teams, communicate effectively, think critically and have an analytical approach to problem-solving, which students will develop through this course.

Disclaimer

This course information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester. In particular please check the course requirements and the unit and unit set offerings, as these differ according to course delivery location.

Internship Option

Students can choose to complete either a 20-credit point work placement unit or two 30-credit point internship units as a specialisation in this course. The 20-credit point work placement option requires students to undertake a minimum of 100 hours of learning in a work setting. For the two 30-credit point internship units, students complete a minimum of 225 hours of learning in a work setting in each unit. The first internship unit is completed in one semester and the second unit in the following semester. Work placement and internship hours are typically completed on a part-time basis and students will undertake projects and tasks that are related to their course learning outcomes. Internships and work placements will be secured through the work-integrated learning team, or as a result of pre-approved networking and contacts developed by the student. Terms of payment, if any, will be negotiated on an individual basis.

Duty of care

Students must complete the relevant risk management documentation prescribed by the work-integrated learning team, in accordance with ECU policy and procedures. Students should be aware of any work-related restrictions in their visa conditions, if applicable. They must also provide any documentation required by their host partner, including police clearances and immunisations. Required documentation is likely to vary across host organisations.

Attendance requirements

Students are required to attend host organisations to complete their learning in a work setting. Hours will be organised on an individual basis and host organisations may require students to attend after hours and on the weekends. In addition to their time in the work setting, students may be required to attend virtual and/or face-to-face sessions as instructed by the Unit Coordinator.

Application process

Enrolments into work placement and internship units are by application only. Interested students should contact the work-integrated learning team at least one semester prior to when they hope to commence their placement or internship. Eligible students will be required to participate in a recruitment process which could involve submitting recruitment documents and attending an interview (virtual or face-to-face) with the work-integrated learning team and prospective industry partners. Students should be aware that enrolment into the course does not guarantee entry into work placement or internship units. Furthermore, enrolment in and completion of FBL6505 Professional Internship 1 does not guarantee enrolment into FBL6510 Professional Internship 2 (resulting in a credit point imbalance as both are 30-credit point units).

Professional practice rules

Students are expected to behave in a professional manner in the work setting and adhere to the host organisation and/or industry's Code of Conduct. They are also required to meet the requirements outlined in the SBL WIL Guidelines for Students’. Host organisations are expected to the meet the requirements outlined in the 'SBL WIL Guidelines for Collaborators'.

Course Learning Outcomes

  1. Demonstrate mastery of a global body of financial knowledge and practice, including knowledge of research principles and methods in finance.
  2. Apply critical thinking and technical skills to solve authentic financial problems.
  3. Demonstrate effective communication and teamwork skills.
  4. Independently initiate, plan and execute a substantial project to meet agreed deliverables in the field of finance.
  5. Justify financial decisions and judgements that address complex issues considering the ethical and social consequences.

Admission requirements

Admission requirement (Band 6)

  • Bachelor degree; or
  • Equivalent prior learning including at least five years relevant professional experience.

English Language requirement (Band 4)

English competency requirements may be satisfied through completion of one of the following:

  • IELTS Academic Overall band minimum score of 6.5 (no individual band less than 6.0);
  • Bachelor degree from a country specified in the Admissions Policy;
  • Successfully completed 0.375 EFTSL of study at postgraduate level or higher at an Australian higher education provider (or equivalent);
  • Where accepted, equivalent prior learning, including at least five years relevant professional experience; or
  • Other tests, courses or programs as defined in the Admissions Policy.

Course Specific Admission Requirements

All applicants are required to meet the published entry requirements. Successful applicants with a Graduate Certificate qualification or higher in Finance and Banking may seek reduced course duration by applying for recognition of prior learning.

Australian Qualifications Framework (AQF) level

This course has been accredited by ECU as an AQF Level 9 Masters Degree (Coursework) Award.

Course Duration

  • Full Time: 2 Years
  • Part Time: 4 Years

Course Delivery

  • Joondalup: Full Time, Part Time
  • Online: Part Time

Course Coordinator

Dr Anna GOLAB

Course Structure

Students are required to complete 10 core units and 2 elective units.

Core Units
Unit Code Unit Title Credit Points
ECF6110Business Finance20
ECF6102Quantitative Skills for Business20
ACC6010Accounting Concepts and Applications20
ECF6105Economic Analysis for Business20
ECF6115Financial Markets and Institutions20
ECF6120Credit and Lending Decisions20
ECF6125Risk Management in Banking20
ECF6130Financial Analysis and Modelling20
ECF6135Investment Management20
ECF6310International Finance20
RECOMMENDED ELECTIVES
Unit Code Unit Title Credit Points
BUS6900Management Practicum20
ACC6045Business Analytics for Accounting and Finance20
ECF6305Fixed Income Securities20
ECF6315Derivative Securities20
ECF6121Wealth Management and Sustainability20

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

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