Graduate Certificate in Finance
DurationFull-time 6 months, Other
LocationMelbourne City, Online
AU$17,280 (total tuition 2019)
Next intakeOpen Universities Australia, February, July
DurationFull-time 6 months
LocationMelbourne City, Online
AU$18,240 (total tuition 2019)
Next intakeFebruary, July
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 will have access to comprehensive financial databases and use sophisticated software in the RMIT Trading Facility to perform option simulations and treasury dealing.
This program is available:
- at the Melbourne City campus, offering up to two intakes a year
- online through Open Universities Australia (OUA), offering up to three intakes a year.
Most courses are presented in regular 3-hour classes, together with some periods of intensive teaching in the Swanston Academic Building at the Melbourne City campus.
Intensive teaching will involve classes over a number of Saturdays per course in any semester, although two Saturdays per course should be regarded as normal. A detailed teaching timetable will be available at enrolment.
Through RMIT University’s online learning portal, myRMIT, you will be able to view online resources and learning activities created by lecturers, access course materials via Blackboard, collaborate with lecturers and fellow students, and access your student email account. Educational software, the Learning Hub, other online and digital resources and printers are accessible on campus via the RMIT wireless network using your own laptop, tablet or smart phone or via computer facilities on-campus. You will be able to access the same software from home using myDesktop.
Find out more about student computing at RMIT.
Ongoing assessment throughout the semester includes examinations, essays, reports, presentations, group projects, research projects, quizzes and tests, blog journals and practical assignments.
RMIT Trading Facility
Your classes will mostly be held at the Swanston Academic Building and you will simulate trading in money and foreign exchange markets in the RMIT Trading Facility - the only one of its type in Australia and one of the largest tertiary-based facilities in the world.
You will trade with a live market data feed from Thomson Reuters and experience first-hand what professionals in the world's leading banks and investment firms do with the same tools and information to analyse news, data and conduct market research.
Workshops and seminars
You will be expected to attend series of regular workshops and seminars in finance.
Advisory boards consists of high-profile industry representatives who ensure 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.
The Graduate Certificate comprises four core courses in finance.
Work integrated learning
Money Markets and Fixed Income Securities is a compulsory work-integrated learning course that requires you to collect, analyse and use real world bond data from a specific country to construct and assess the risk of bond portfolios.
It is recommended that you follow the sequence of courses presented in the enrolment structure.
Choose a program structure
|Graduate Certificate in Finance||City Campus||
0.5 years full-time or part-time equivalent
0.5 years full-time
Choose a program structure
Program code: GC048
Graduates are encouraged to progress to the Master of Finance. Master degree graduates may work in the financial sector or in the treasury/finance functions of large or small corporations.
Job roles can include:
- credit manager
- financial analyst
- financial controller
- finance director
- fund manager
- working capital specialist.
Professional bodies may offer students and/or graduates membership, opportunities for entry into professional qualification programs and other career enhancing benefits.
For further information about membership and opportunities for students and graduates, please visit our accreditation and membership page.
An Australian bachelor degree or equivalent, or higher level qualification, in any discipline that includes quantitative studies from a recognised tertiary institution.
If you do not meet the above entry requirement for the Graduate Certificate you may be considered if you have a minimum of 5 years full-time equivalent work experience. Applicants will be required to submit a curriculum vitae (CV).
You must have successfully completed an Australian Bachelor degree, Graduate Certificate, Graduate Diploma or Masters degree (or equivalent overseas qualification) in any discipline that includes quantitative studies.
You may also be considered if you have a minimum of 5 years full-time equivalent work experience. Applicants will be required to submit a curriculum vitae (CV).
You can gain entry into the Graduate Certificate in Finance from a range of RMIT undergraduate programs. Learn more about RMIT undergraduate programs.
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
- TOEFL (Paper Based Test): minimum score of 580 (TWE 4.5)
- TOEFL (Internet Based Test - IBT): minimum overall score of 92 (with minimum of 20 in all sections)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
- Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Advanced Plus Certificate at RMIT English Worldwide.
The Graduate Certificate in Finance is a pathway to the Master of Finance.
If you wish to progress to the Master of Finance, upon successful completion of the Graduate Certificate in Finance you will be admitted to the Master degree with exemptions from the four business enabling courses and the four courses completed in the Graduate Certificate, leaving a further eight discipline courses or electives to complete.
2019 indicative fees
- Full-fee places: AU$17,280*
* Amount quoted is the 2019 total program tuition fee, and is based on a total annual load of 48 credit points.
Student services and amenities fee (SSAF): AU$303 maximum fee for 2019.
Other items related to your program, including field trips, textbooks and equipment.
This program is offered on a full-fee paying basis only. If you are offered a place, you will need to pay the full tuition costs of your program. However, eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) may apply to defer payment of some or all of their tuition fees via the Commonwealth Government’s FEE-HELP loan scheme.
Fees shown above apply to 2019 only and are based on an annual full-time study load of 96 credit points unless otherwise noted. A proportionate fee applies for more or less than the full-time study load. Tuition fees are adjusted on an annual basis and these fees should only be used as a guide.
For more information and to learn how to calculate your exact tuition fees see postgraduate study fees.
How does a HELP loan work?
If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.
You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student. The SSAF is calculated based on your enrolment load and the maximum fee for 2019 is $303.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
This program is approved for income support.
You may be eligible for student income support payments from the Commonwealth Government if you are undertaking a graduate certificate, graduate diploma or an approved professionally oriented masters by coursework program. For more information see Income support for Masters students.
If you are enrolled in an eligible program you will also need to satisfy all other student payment eligibility requirements. You can contact Centrelink or the Department of Human Services for further information about student income support entitlements, your eligibility and how to apply.
Income tax deductions
You may be eligible to apply for income tax deductions for education expenses linked to your employment. See the Australian Taxation Office (ATO) for more information.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.