University
University of Otago
Master of Finance (MFinc)
This course is available
On-Campus
Level of Study
Master's Degree
Duration
1 year
Next start date
Expected Feb 2025
Campus
University of Otago
Summary
The Master of Finance (MFinc) will equip students to be either professional practitioners or academic researchers in the field of Finance.
The Master of Finance can be completed in one year of full-time study which consists of a selection of papers plus either an applied or research project. The programme allows for the development of individual skills and applied or theoretical research and investigation. Starting with a sound background of coursework, students will have the opportunity to contribute to existing or new fields of research (applied or theoretical).
Graduates who follow the option of completing an Applied Project (FINC 501) will have a wide range of career opportunities in commercial and investment banks, brokerage and investment firms, insurance companies, treasury departments of non-financial corporations, regulatory agencies, consulting and accounting firms. Graduates completing the Master of Finance with a Research Project (FINC 580) will in addition have the ability to design and pursue a large project of independent research suitable to the PhD.
Structure of the Programme
a. Every programme of study shall consist of approved papers from the schedule of papers available for the degree of Master of Finance to the value of 180 points.
b. With prior approval from the Pro-Vice-Chancellor (Commerce), papers worth up to a maximum of 60 points in a relevant subject offered by another tertiary institution, may be granted transfer credit for equivalent paper(s) within the programme. Such credits will be considered on a case-by-case basis.
c. A candidate shall, before commencing the investigation to be described in the applied or research project, secure the approval of the Programme Co-ordinator concerned for the proposed course of the investigation.
Duration of the Programme
A candidate must normally complete the requirements for the programme in 12 months of full-time study
Exceptions to the normal duration of a programme shall be permitted only with the approval of the Pro-Vice-Chancellor (Commerce).
Entry criteria
Admission to the programme shall be subject to the approval of the Pro-Vice Chancellor (Commerce).
Every applicant must either
be a graduate and normally have achieved an average grade of B in the papers satisfying the final year major subject requirements for that degree, or
have equivalent alternative qualifications or experience acceptable to the Pro-Vice Chancellor (Commerce).
English language requirements
- IELTS (Academic module) (including IELTS Online) - Overall score of 6.5, no individual band below 6.0.
- TOEFL iBT - Overall score of 90 and a writing score of 21.
- C1 Advanced (previously Cambridge English: Advanced (CAE)) or C2 Proficiency (previously Cambridge English Proficiency (CPE)) - Overall score of 176 (with no individual band below 169).
- Pearson Test of English (PTE) Academic - Overall score of 58 with no communicative skills score below 50.
- Language Cert - International ESOL: C1 Expert (LRWS) with a high pass overall and no less than a pass in each skill OR C2 Mastery (LRWS) with a pass overall and no less than a pass in each skill.
- NZCEL - NZCEL 5 Academic endorsement
- English New Zealand's Accredited Pathway Assessment - Assessment Level 3 (with no skill lower than Level 2).
- APIEL Advanced Placement International English Language Examination - Grade 4 or higher.
Studying in NZ
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