Master of Finance and Business Economics

Multiply your expertise

Our Master of Finance and Business Economics is suited to business or economics graduates seeking in-depth advancement in their area. It also meets the needs of graduates with related degrees looking to comprehensively adapt to the fields of economics and finance.

What will you do?

While the degree includes study in both areas, students must specialise in one. Depending on your goals and interests you will:

  • study wealth management and financial modelling in depth
  • learn analytical tools for financial decision-making
  • analyse theoretical and applied aspects of modern economics and econometrics
  • discover advanced techniques for analysing and managing data
  • explore matters relating to the growth and stability of the whole economic system.

In our finance specialisation you’ll gain necessary educational grounding for further professional studies towards the Chartered Financial Analyst qualification.

Where could it take you?

You might be a high-stakes stockbroker, a banker, a data analyst in a government agency or a health economist with a pharmaceutical group. You could be a demand planner in a big wine company. Perhaps you’ll help people secure their dream homes or retirement goals as a financial planner.


  • Top 101-150 in world for Accounting and Finance^
  • Excellent grounding for pursing CFA
  • Ranked in top 200 globally for Economics and Econometrics^

^QS World University Rankings, 2022

Entry Requirements

Choose your applicant type to view the relevant admissions information for this program.
I am a:

Before applying make sure you understand the eligibility and entry requirements for your chosen degree.

Look out for any prerequisites or assumed knowledge subjects. Some degrees also have additional entry requirements like interviews and auditions.

Domestic applicants

SATAC Code 3CM012
Deferment Yes - 2 year
Intake February and July
Selection Criteria
Graduate entry

Higher Education Study Bachelor degree or equivalent.

Fees and Scholarships

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Domestic applicants

Indicative annual tuition fees
Australian Full-fee place: $41,000

Where the standard duration of the program is less than one year the full cost of the program is displayed.

FEE-HELP
This is an Australian full-fee program. As a domestic student you may be eligible to:

  • receive a zero interest government assistance package to cover your course fees and
  • use over $100,000 in HELP assistance over your lifetime
Check your eligibility today at Study Assist

Scholarships

Scholarships are not only for high achievers—they are also available to provide students with an equal opportunity to study at university, no matter where they live or what their financial situation might be.

Scholarships are available to both new and continuing students. We encourage students to apply for any scholarships for which they may be eligible.

To browse scholarships offered by the University, visit: University Scholarships

To explore scholarships offered by organisations external to the University, visit: External Scholarships

Careers

Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
  1. Deep discipline knowledge and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Professional Accreditation

The Master of Finance and Business Economics covers a substantial part of the body of knowledge required by those wishing to pursue further professional studies with the Chartered Financial Analyst Institute.

Adelaide Business School is AACSB* accredited, and as such our programs have passed rigorous standards of quality. AACSB accreditation is the hallmark of excellence in business education and only the best schools in the world earn AACSB accreditation.

Association to Advance Collegiate Schools of Business

Potential careers

Graduates of this program have gone on to roles such as:

Econometrician;  Accountant;  Manager / Business Management;  Auditor;  Banker;  Business Analyst;  Business Consultant;  Business Data Analyst;  Economic Researcher;  Economist ...

Degree Structure

Students complete core courses which include four foundation courses, four finance courses, four economics courses and two specialisation courses. The remaining two courses will be either finance or economics courses, depending on the student's main specialisation.

Areas of Specialisation

  • Finance
  • Economics

Example Study Plan

Indicative Study Program
Foundation Courses ACCTING 7019: Accounting Concepts and Methods 
CORPFIN 7033: Quantitative Methods 
CORPFIN 7005: Principles of Finance 
ECON 7200: Economic Principles
Finance Courses CORPFIN 7019: Advanced Funds Management 
CORPFIN 7020: Derivatives
CORPFIN 7039: Equity Valuation and Analysis 
CORPFIN 7040: Fixed Income Securities 
ACCTFIN 7001: Ethical Principles in Finance and Accounting 
Economics Courses ECON 7001: Econometrics PG
ECON 7011: Intermediate Microeconomics IID
ECON 7071: Intermediate Macroeconomics IID
ECON 7036: International Trade and Investment Policy IID
Electives Finance electives
ACCTFIN 7017: Financial Statement Analysis 
CORPFIN 7021: Corporate Investment Evaluation 
CORPFIN 7022: Advanced Corporate Finance 
CORPFIN 7023: Financial Modelling Techniques 
CORPFIN 7042: Corporate Financial Risk Management 

CORPFIN 6003: Tax, Estate and Wealth Planning
CORPFIN 6013: Wealth Management in Asia 
CORPFIN 7048: Applied Financial Institutions Management

Economics electives

ECON 7114: Money, Banking and Financial Markets PG
ECON 7016: Resource and Environmental Economics PG
ECON 7032: Public Economics PG
ECON 7036: International Trade and Investment Policy IID
ECON 7044: International Finance PG
ECON 7058: Development Economics PG
ECON 7062: Game Theory PG
ECON 7237: Industrial Organisation PG
ECON 7072: International Trade PG
ECON 7075: Intermediate Mathematical Economics IID
Plus one additional general elective*
Students can also apply to enrol in PROF Internship as general elective course.


Subject to approval, students may be eligible to undertake up to three units from the following electives:
ACCTFIN 7501: International Study Tour - Accounting and Finance
ACCTFIN 7502: Domestic Study Tour - Accounting and Finance
ACCTFIN 7503: European Study Tour
ACCTFIN 7504: New York Study Tour

Assessment

May include, but not limited to: examinations, group assignments, individual assignments, consulting projects, presentations, quizzes, tests, tutorial work as prescribed within each course.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Thursday, 12 Sep 2024