B6039 Master of Advanced Finance

The course comprises 72 credit points structured in two parts: Part A. Mastery knowledge (48 credit points) and Part B. Electives (24 credit points).

Units are 6 credit points unless otherwise stated.

Part A. Mastery knowledge (48 credit points)

a. Core units

You must complete the following five units (30 credit points):

• ACF5130 Financial statement analysis and business valuation
• BFF5270 Funds management
• BFF5300 Case studies in finance*
• BFF5520 Advanced foundations of finance
• BFF5525 Quantitative and data analysis in Python 

* This capstone unit incorporates the application of research principles including research methods applicable to the finance professional's field of work.

b. Specialist studies 

You must complete three units (18 credit points) from one of the following specialist studies, which includes a compulsory unit.

Investment banking (18 credit points)

You must complete the BFF5580 (6 credit points) and two further units (12 credit points) from this specialist study

• BFF5250 Applied corporate finance
• BFF5333 Infrastructure and project finance
• BFF5340 Applied derivatives
• BFF5580 Merger and acquisitions
• ECC5901 Macroeconomics

Asset management (18 credit points)

You must complete BFF5340 (6 credit points) and two further units (12 credit points) from this specialist study

• BFF5340 Applied derivatives
• BFX5260 Treasury and financial markets
• BFF5555 Financial machine learning 
• BFF5541 Fixed income investments 
• ECC5901 Macroeconomics

Financial technology and sustainability (18 credit points)

You must complete BFF5370 (6 credit points) and BFF5510 (6 credit points) and one further unit (6 credit points) from this specialist study

• BFF5370 Fintech
• BEX5200 Climate change and carbon management strategies
• BFF5510 Sustainable finance 
• BFF5555 Financial machine learning 

Part B. Electives (24 credit points)

You must complete 24 credit points of electives at either level 4 or 5 from the Faculty of Business and Economics, which could include study tours, consulting projects or industry placements. In addition units may be selected from across the University as long as you have met the prerequisites and there are no restrictions on enrolling in the units.

You can enrich your degree by honing your academic and professional skills through the Monash Innovation Guarantee (MIG). The MIG is your unique opportunity to collaborate with renowned industry leaders and design innovative solutions that result in real social change. MIG will give you the leadership skills you will need to adapt and thrive in a rapidly changing world and is your chance to make connections before you graduate. The MIG unit may be credited in place of a free elective as a 6 credit point unit option. For information on eligibility please see FREE.

To align with professional practice and facilitate sitting for the Chartered Financial Analyst (CFA) exams, it is recommended that you complete electives from units not already completed in Part A, or from the following list as long as the prerequisites are met and there are no other restrictions on enrolment:

• BFF5280 Institutional assets and liability management
• BFF5910 Special topics in finance
• BFF5250 Applied corporate finance
• BFF5230 Global financial markets
• BTF5910 Corporate sustainability regulation
• BFF5956 Corporate financing decisions
• ETF5231 Business forecasting
• ETF5500 High dimensional data analysis
• ETF5922 Data visualisation and analytics
• ETF5930 Financial econometrics
• ETF5952 Quantitative methods for risk analysis
• FIT9136 Introduction to Python programming
• MGF5020 Business ethics in a global environment