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Future Students Undergraduate

Finance

The Area of Study

Finance is the study of the management of money, banking, investment and credit. It involves the study of financial organisations, markets and instruments, their effect on the flow of funds within the economy, and the control of risk.

Finance studies at Macquarie are taught cooperatively by several departments. This allows students to combine studies in finance with complementary studies in economics, accounting and actuarial studies.

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Degree Program Information

Degree UAI 2008 CSP Course Duration
Bachelor of Applied Finance 82.20 3 years full-time/equivalent part-time
Bachelor of Applied Finance with Bachelor of Laws 95.05 5 years full-time
Bachelor of Applied Finance with Bachelor of Commerce – Accounting 86.55 4 years full-time/equivalent part-time
Bachelor of Applied Finance with Bachelor of Economics 85.45 4 years full-time/equivalent part-time
Bachelor of Applied Finance with Bachelor of Commerce – Actuarial Studies 95.40 4 years full-time/equivalent part-time
Bachelor of Commerce 82.55 3 years full-time/equivalent part-time
Bachelor of Commerce with Bachelor of Laws 95.25 5 years full-time

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What You Will Study

You must complete a program of study (major) in one of the following:

  • Applied Finance
  • Finance and Law
  • Applied Finance and Law
  • Applied Finance and Professional Accounting
  • Applied Finance and Actuarial Studies
  • Applied Finance and Economics
  • Applied Finance and Econometrics
  • Finance

Your program of study may include units from the subject areas listed below:

  • accounting
  • actuarial studies
  • business law
  • computing
  • corporate finance
  • econometrics
  • economics
  • financial management
  • international finance
  • law
  • portfolio management
  • statistics

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HSC Mathematics (Band 2) or equivalent is a subject prerequisite for first-year applied finance and economics units, which are required in all finance degrees. Other units taken as part of a degree may require assumed knowledge, prerequisites or recommended studies and you should refer to the Macquarie University Handbook of Undergraduate Studies for full degree requirements.

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Accreditation

The Bachelor of Applied Finance and associated double degrees have been approved by ASIC authorised assessors as meeting ASIC's training requirements in relation to PS146 compliance for derivatives, financial planning, foreign exchange, general insurance, generic knowledge, life insurance, managed investments, securities and superannuation.

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Career Options

  • banking
  • corporate management
  • financial planning/ investment advising
  • foreign exchange dealing
  • funds management
  • management consultancy
  • portfolio management
  • public finance and government

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Some Major Employers

  • banks
  • financial institutions
  • government (Reserve Bank, Treasury, Productivity Commission etc)
  • life and general insurance companies
  • stockbrokers
  • superannuation funds

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Further Information

Department of Economics
Macquarie University, NSW, 2109
Email: economics@mq.edu.au
Phone: (02) 9850 6069
Fax: (02) 9850 8497
Web: www.econ.mq.edu.au

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