Master of Applied Finance
Testamur Title of Degree: | Master of Applied Finance |
Abbreviation: | MAppFin |
UOW Course Code: | 444 |
Total Credit Points: | 72 |
Duration: | 1.5 years full-time or part-time equivalent |
Home Faculty: | Faculty of Business |
Intake Session(s): | PG Spring, PG Summer, PG Autumn |
Delivery Mode: | On-campus |
Delivery Campus: | UOW Dubai |
Additional Information: |
Overview
The Master of Applied Finance (MAF) program will help you develop a detailed understanding of banks and related financial intermediaries as well as topics such as investment management, quatitative economic analysis, financial mangement and risk assesment.
The program also offers the opportunity to specialise in a particular stream of financial practice that will help develop your in-depth knowledge of specific finance disciplines, including Banking and Investing. You can also acquire a detailed understanding of Sharia financing, through the Islamic Banking and Finance stream.
Course Learning Outcomes
Students graduating from the Master of Applied Finance will be able to:
- Integrate their knowledge of financial systems, advanced financial theories and models to analyse complex financial and investment decisions for a range of stakeholders.
- Assemble and formulate financial information, analysis and recommendations through oral and written modes of delivery.
- Assess complex theoretical and practical issues confronted by the managers of corporations including capital budgeting, capital structure, dividend policy, mergers and acquisition.
- Appraise a firm's financial statements and evaluate equity instruments using financial statements and other appropriate analytical tools.
- Evaluate and conclude the level of financial risk for a range of stakeholders (including corporations, investors, and banks).
- Manage the level of financial risk for a range of stakeholders using appropriate risk management analytical tools and processes.
Course Structure
You are required to complete 12 subjects in total, outlined below:
| Subject Code | subject Name | Credit Points | |
|---|---|---|---|
| Core Subjects | |||
| FIN 924 | Financial Statement Analysis For Business | 6 | |
| FIN 926 | Advanced Managerial Finance | 6 | |
| FIN 922 | Investment Management | 6 | |
| FIN 959 | Enterprise Risk Management | 6 | |
| FIN 960 | Research in Financial Markets and Institutions | 6 | |
| TBS 909 | Corporate Governance | 6 | |
| In addition to the Core Subjects, students must complete the subjects in one of the following streams: | |||
| General Stream | |||
| FIN 930 | Islamic Banking and Finance | 6 | |
| FIN 925 | Banking Theory and Practice | 6 | |
| FIN 923 | Portfolio Management | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| Plus TWO of the following electives: | |||
| FIN 928 | Multinational Financial Management | 6 | |
| FIN 955 | International Banking | 6 | |
| FIN 927 | Entrepreneurial Finance | 6 | |
| FIN 987 | Special Topic in Finance | 6 | |
| ECON939 | Quantitative Economic Analysis | 6 | |
| Banking Stream | |||
| FIN 955 | International Banking | 6 | |
| FIN 925 | Banking Theory and Practice | 6 | |
| FIN 9XY | Banking and Financial Institution Law | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| Plus TWO of the following electives: | |||
| FIN 928 | Multinational Financial Management | 6 | |
| FIN 930 | Islamic Banking and Finance | 6 | |
| FIN 923 | Portfolio Management | 6 | |
| FIN 987 | Special Topic in Finance | 6 | |
| ECON939 | Quantitative Economic Analysis | 6 | |
| Investing Stream | |||
| FIN 930 | Islamic Banking and Finance | 6 | |
| FIN 957 | Portfolio Simulation | 6 | |
| FIN 923 | Portfolio Management | 6 | |
| FIN 928 | Multinational Financial Management | 6 | |
| Plus TWO of the following electives: | |||
| FIN 955 | International Banking | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| FIN 927 | Entrepreneurial Finance | 6 | |
| FIN 987 | Special Topic in Finance | 6 | |
| ECON939 | Quantitative Economic Analysis | 6 | |
| Islamic Banking and Finance Stream | |||
| FIN 930 | Islamic Banking and Finance | 6 | |
| FIN 9XX | Advanced Islamic Banking | 6 | |
| FIN 9YY | Islamic Insurance (Takaful) and Re-insurance | 6 | |
| FIN 9ZZ | Special Topics in Islamic Banking and Finance | 6 | |
| Plus TWO of the following electives: | |||
| FIN 925 | Banking Theory and Practice | 6 | |
| FIN 956 | Bank Lending and Securities | 6 | |
| FIN 955 | International Banking | 6 | |
| FIN 9XY | Banking and Financial Institution Law | 6 | |
| ECON939 | Quantitative Economic Analysis | 6 | |
Variation to Course Structure
Core MAF (General) | Core MAB (Banking) |
|---|---|
7. Islamic Banking & Finance(FIN 930) | 7. International Banking (FIN 955) |
8. Banking Theory & Practice (FIN 925) | 8. Banking Theory & Practice (FIN 925) |
9. Advanced Portfolio Management (FIN 923) | 9. Banking & Financial Institution Law (FIN 9xx) |
10. Banking, Lending & Securities(FIN 956) | 10. Banking, Lending & Securities (FIN 956) |
|
|
Electives (Any Two) | Elective (Any Two) |
Multinational Financial Management(FIN 928) | Multinational Financial Management (FIN 928) |
International Banking (FIN 955) | Islamic Banking & Finance (FIN 930) |
Entrepreneurial Finance (FIN 927) | Advanced Portfolio Management (FIN 923) |
Special Topic in Finance (FIN 987) | Special Topic in Finance (FIN 987) |
Quantitative Economic Analysis(ECON939) | Quantitative Economic Analysis (ECON939) |
Core MAF (Investing) | Core MAF (Islamic Banking & Finance) |
7. Islamic Banking & Finance(FIN 930) | 7. Islamic Banking & Finance(FIN 930) |
8. Portfolio Simulation (FIN 957) | 8. Advanced Islamic Banking (FIN 9xx) |
9. Advanced Portfolio Management (FIN 923) | 9. Islamic Insurance (Takaful) and Re-insurance (FIN 9xx) |
10. Multinational Financial Management (FIN 928) | 10. Special Topics in Islamic Banking & Finance (FIN 9xx) |
|
|
Electives (Any Two) | Elective (Any Two) |
International Banking (FIN 955) | Banking Theory & Practice (FIN 925) |
Banking, Lending & Securities(FIN 956) | Banking, Lending & Securities(FIN 956) |
Entrepreneurial Finance(FIN 927) | International Banking (FIN 955) |
Special Topic in Finance (FIN 987) | Banking & Financial Institution Law (FIN 9xx) |
Quantitative Economic Analysis(ECON939) | Quantitative Economic Analysis(ECON939) |