The Master of International Trade and Finance fulfils the educational requirements for admission as a Senior Associate (SA Fin) of Finsia - the Financial Services Institute of Australasia. Senior Associate membership with Finsia also requires at least 3 years career experience in the financial services industry
Applications from Australian citizens and holders of permanent resident visas must be made via the Universities Admissions Centre (UAC).
International applicants must apply directly to the University of Western Sydney via UWS International.
Applicants who have undertaken studies overseas may have to provide proof of proficiency in English. Details of minimum English proficiency requirements and acceptable proof can be found on the Universities Admissions Centre website (UAC).
Overseas qualifications must be deemed by the Australian Education International - National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to Australian qualifications in order to be considered by UAC and UWS.
Applicants must have successfully completed an undergraduate degree in Business or Commerce
A Graduate Certificate in Applied Finance.
Qualification for this award requires the successful completion of 80 credit points which comprises 8 core units.
Core Units
Economics (PG)
This unit concentrates on both Microeconomic and Macroeconomic theories. Microeconomics is concerned with the study of individual units within the economy - the individual consumer, the individual firm, the type of market structure facing the firm and price and output determination. Macroeconomics is concerned with analysis of the factors determining the way in which the economic resources of an economy are utilised or under-utilised. Students wishing to take this unit as an elective will need to seek approval from either the Head of Programs or Course advisor.
Corporate Finance (PG)
Corporate Finance is concerned with fulfilling those managerial tasks directed to the decision-making process, including asset and project valuation, leasing, capital structure and dividend distribution and working capital management. Students wishing to take this unit as an elective will need to seek approval from either the Head of Programs or Course advisor.
Financial Modelling
This unit is essential to prepare students for applied financial
analysis and modelling applications used extensively in other
units of the Master of Applied Finance program. It familiarises
participants with the strengths and limitations of contemporary
quantitative modelling techniques using multivariate statistical
procedures and optimization approaches. The use of appropriate
modelling software including Excel, SPSS, QM for Windows
and MPT models is emphasised.
Financial Institutions and Markets (MAF)
This unit ensures that students have knowledge of the basic
institutional framework of the Australian banking industry
and financial system. The unit briefly examines international
financial markets and the interaction with their Australian counterparts.
Funds Management and Portfolio Selection
This unit covers the basic principles of portfolio selection and funds management and examines share investments. The unit focuses on the factors that affect asset prices; calculations based on the Markowitz Model of portfolio selection; the Single Index Model and the beta of a share; performance measures for a managed fund; style differences in funds management; management of fixed-interest portfolios; and the use of share derivatives to manage share portfolios.
Derivatives
This unit describes the major derivative products and
explains how they are used for hedging, speculation, and
creating synthetic investments. In doing so, it analyses the
effect of the growth of derivatives markets and their
relationship to the market for the securities underlying them.
Hedging applications are considered from the point of view
of corporate treasurers and funds managers.
International Finance
Australian companies are increasingly competing on world
markets for sources of finance and are looking for investment
opportunities in foreign markets. This unit looks at the
determination of exchange rates, the foreign exchange markets,
effective management of exchange exposure on overseas
investments, and sources of finance.
International Trade and Industry Economics
This unit is concerned with microeconomic policy development in an open economy setting. It applies and extends microeconomic theory to provide an understanding of the principles governing the formulation of international trade and industry policies. The unit reviews traditional and recent models of the behaviour of firms in international economics. It also overviews the traditional and strategic theories of trade performance and the design, formulation and implementation of trade policy. Unit available for masters only.
