Master of Finance

Overview

  • Program code: MC091
  • GD081, GC048, Graduate Diploma in Finance and Graduate Certificate in Finance

  • Campus: City campus

Apply through VTAC
Apply direct to RMIT
Information for international applicants

Please note: this program is no longer offered to commencing students, it has been replaced with MC201 Master of Finance.

This program will enhance your analytical and problem-solving abilities and develop your understanding of basic principles of finance, econometrics, research and the analysis of financial markets.

You'll have access to comprehensive financial databases and use sophisticated software like the Treasury Training Facility for option simulations and treasury dealing.

Duration

1.5 years full-time or 3 years part-time

Program structure and features

Learning and teaching

Treasury Training Facility

To simulate trading in money and foreign exchange markets, you will have access to the Treasury Training Facility - the only one of its type in Australia and one of the largest tertiary-based facilities in the world.

You'll trade with a live market data feed from Bloomberg and experience first-hand what professionals in the world's leading banks and investment firms do with the same tools and information.

Mode of delivery

Most courses are presented in regular 3-hour classes, together with some periods of intensive teaching at the Melbourne City campus.

Intensive teaching will involve classes over a maximum of 3 Saturdays per course in any semester, although 2 Saturdays per course should be regarded as normal. A detailed teaching timetable will be available at enrolment.

Workshops and seminars

You'll be expected to attend series of regular workshops and seminars in finance.

Summer semester

You can complete Risk Management and Financial Engineering and Research Project in Finance during a summer semester (December-February), making it possible to complete the program full-time in 12 months.

RMIT offers a variety of learning and teaching approaches including lectures, seminars, studios, workshops, presentations, group discussions and syndicate work. These are primarily in English.

You will have access to the Learning Hub and other online and digital resources through the myRMIT student portal.

Ongoing assessment throughout the semester includes examinations, essays, reports, oral classes, presentations, group projects, research projects, laboratory projects and practical assignments.

Program structure

For the Master, you must complete 144 credit points that generally equal 12 courses (12 credit points each).

This includes the compulsory work-integrated learning course, Money Markets and Fixed Income Securities, core finance courses and electives, and the opportunity to undertake a research project in the final stage of the program.

Your project will require you to identify a current finance research issue and demonstrate your ability to interact with industry, complete an activity in a work context and work in a multidisciplinary team.

Upon successful completion of 4 courses, you may exit with a Graduate Certificate; upon successful completion of 8 courses, you may exit with a Graduate Diploma.

Handbook (program guide)

To see what students are currently studying and to access additional program and course information, visit the program handbook (program guide).

Industry connections

Guiding the development of the College of Business, both nationally and internationally, is an Industry Advisory Board of high-profile executives chaired by Gerhard Vorster, Chief Strategy Officer, Deloitte. The Board creates a strategic bridge between the latest in technology and design thinking and business.

In addition, the School of Economics, Finance and Marketing Advisory Board consists of high-profile industry representatives who ensure the School's links with industry standards and practice remain current.

Industry experts are invited as guest lecturers to expose you to current industry developments in finance. The School also extends links with industry by appointing adjunct professors who are selected based on their industry achievements.

RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.

Career

Graduates may work in the financial sector or in the treasury/finance functions of large or small corporations.

Job roles can include:

  • banker
  • credit manager
  • financier
  • financial analyst
  • financial controller
  • finance director
  • fund manager
  • treasurer
  • stockbroker
  • working capital specialist.

Professional recognition and accreditation

Graduates qualify to become Senior Associates (SA Fin) of the Financial Services Institute of Australasia (Finsia) and a Certified Finance and Treasury Professional (CFTP) of the Finance and Treasury Association.

Global opportunities

International study tours are a unique feature of the program allowing you to combine an overseas travel and cultural experience with the completion of either a 12 or 24 credit point course in intensive mode.

Each year, the School of Economics, Finance and Marketing conducts tours to Denmark, France and Germany.

This program is also delivered in Singapore in partnership with the Singapore Institute of Management.

Entry requirements

You must meet the University entry requirements for this type of program.

If you satisfy the following requirements you will be eligible for selection; however, there is no guarantee that you will be selected as demand for the program varies each intake.

Program entry requirements

Prerequisites

Academic qualifications

A Bachelor degree in a business discipline or one that includes quantitative subjects like engineering, mathematics or IT. It must come from a recognised tertiary institution, with a minimum average of 60% or Credit or GPA 2.0 (out of 4.0).

Applicants with a GPA below 2.0, but have other qualifications and/or relevant work experience are also considered

OR

A professional qualification relevant to the Association of Chartered Certified Accountants (ACCA) or the Chartered Institute of Management Accountants (CIMA).

Selection tasks

None

How to apply

1. Check program entry requirements and confirm you're eligible.

2. Check and complete the selection tasks (if applicable) by the relevant closing date - these tasks are listed in the program entry requirements.

3. Check the table below for how to apply.

4. Apply using the appropriate method by the closing date.

Application method

Level of study

Semester 1

Semester 2 (midyear)

Graduate Certificate, Diploma

Direct application

or

Internal application (current students only)

Direct application

or

Internal application (current students only)

Graduate Diploma in Education

VTAC application

or

Internal application (current students only)

Direct application

or

Internal application (current students only)

Masters by coursework

Direct application

or

Internal application (current students only)

Direct application

or

Internal application (current students only)

Fees

Tuition fees vary according to each program and are adjusted annually.

There are 2 tuition fee types:

  • full fees where you will be responsible for the full cost
  • Commonwealth supported place (CSP) fees where your tuition fee is shared between you and the Commonwealth Government if you meet the eligibility criteria. There are only a small number of CSPs available.

Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP loan scheme to assist you to pay all or part of your tuition fees

As a Commonwealth supported student, you may be able to either:

  • pay all or part of your student contribution up front and receive a 10% discount, or
  • defer payment through the HECS-HELP loan scheme.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds. Learn more about RMIT Scholarships.

Other fees

Additional expenses can include textbooks, stationery, printer paper, internet access fees outside of the RMIT campus and other relevant costs.

In addition to tuition fees you will also pay the Student services and amenities fee (SSAF). You may be able to defer the fee through the SA-HELP loan scheme.

There may be other additional expenses and administrative fees associated with your studies.

Pathways

Advanced standing

Applicants who are full members of CPA Australia or have completed CFA Level 1 accreditation may be eligible for up to 3 course exemptions, subject to approval from the Program Director.

Learn more about pathways or if you are eligible for credit transfer and recognition of prior learning.

Further study

Business research programs are offered at Master and Doctoral level.

Owning school

Economics, Finance & Marketing

Contact details

Info Corner
330 Swanston Street (cnr La Trobe Street)
Melbourne VIC 3000
Tel. +61 3 9925 2260
Make an enquiry

OR

School of Economics, Finance and Marketing
Dr Mark Stewart, Program Director
Email: mark.stewart@rmit.edu.au

Information for prospective students

Prospective students are welcome to contact the school and meet client services and academic staff. Information sessions are run throughout the year. For details visit www.rmit.edu.au/bus/postgrad.

Disclaimer

Although RMIT endeavours to ensure the accuracy of this information, there is no guarantee it will remain accurate all year. Applicants are advised to confirm program details with the appropriate school before making an application.