Major type

Undergraduate

Description

The Discipline of Finance works in partnership with the Australian Stock Exchange, the Sydney Futures Exchange, the Australian Financial Markets Association and several of the largest banking, broking, accounting and funds management businesses in the region. A sound knowledge of finance is important for graduates in a wide range of commerce/economics disciplines. The units offered are designed to integrate a variety of practical applications with essential theory and financial reasoning skills.

Requirements for the major

Students intending to complete a major in Finance must complete the following four prerequisite junior units of study (24 credit points):

• ACCT1001 Accounting 1A; OR ACCT1003 Financial Accounting Concepts
• ECMT1010 Business and Economic Statistics A
• ECON1001 Introductory Microeconomics
• ECON1002 Introductory Macroeconomics

1. Two compulsory senior units of study (12 credit points):
   • FINC2011 Corporate Finance I; AND
   • Either FINC2012 Corporate Finance II; OR FINC2013 Introductory Mathematical Finance
2. At least four six-credit point senior elective units of study (or equivalent)* (24 credit points in total) selected from the following:
   • FINC2192 Finance 2 Honours (3 credit points)*
   • FINC3011 International Financial Management
   • FINC3012 Derivative Securities
   • FINC3013 Mergers and Acquisitions
   • FINC3014 Trading and Dealing in Security Markets
   • FINC3015 Financial Valuation: Case Study Approach
   • FINC3017 Investments and Portfolio Management
   • FINC3018 Bank Financial Management
   • FINC3193 Finance 3 Honours (Corporate Finance) (3 credit points)*
   • FINC3194 Finance 3 Honours (Securities Markets) (3 credit points)*

OR

• Any three (3) FINC 3000 level units of study and either ACCT3013 Financial Statement Analysis OR CLAW3201 Australian Taxation System

Please Note:

1. ACCT3013 and CLAW3201 require the completion of additional prerequisites outside of those units of study listed for this major.
2. FINC2192, FINC3193 and FINC3194 are worth three credit points each. Students who complete these units may need to complete additional senior elective units to meet the 24-credit point of senior units of study requirement for a Finance major.

Requirements for the extended major

To obtain an extended major in Finance, students must complete the following units of study (including 48 credit points in senior units of study):

1. All the compulsory units listing under the Finance major (see above), and
2. At least six (six-credit point) senior units of study (36 credit points) selected from the elective units of study listing under the Finance major (those listed under point (iii) above).

Pre-2006 students

Students who commenced their degree prior to 2006 may complete the following to qualify for a major in Finance:

1. Four compulsory junior units of study:
   • ACCT1001 Accounting IA OR ACCT1003 Financial Accounting Concepts
   • ECMT1010 Business and Economic Statistics A
   • ECON1001 Introductory Microeconomics
   • ECON1002 Introductory Macroeconomics
2. A minimum of 32 credit points of senior (2000 or 3000 level) units of study in Finance (including FINC2001/2011 Corporate Finance and either FINC2002/2012 Corporate Finance II or FINC2004/2014 Introdctory Mathematical Finance).

Availability of this major

The Finance major is an available option in the following degrees offered by the Faculty of Economics and Business:

• Bachelor of Commerce
• Bachelor of Commerce and Bachelor of Arts
• Bachelor of Commerce and Bachelor of Laws
• Bachelor of Commerce and Bachelor of Science
• Bachelor of Commerce (Liberal Studies)
• Bachelor of Economics

Students in the following degrees administered by the Faculty of Engineering and Information Technologies also have the option of completing a major in Finance:

• Bachelor of Engineering and Bachelor of Commerce
• Bachelor of Information Technology and Bachelor of Commerce

Students in the following degree administered by the Faculty of Arts also have the option of completin ga major in Finance:

• Bachelor of Economic and Social Sciences

A Finance major or electives in this area may alos be available to students enrolled in other degrees in the University. Students should check the other faculty's course information for further details.

The following is a list of the compulsory and elective units of study from the Faculty of Economics and Business which are available for enrolment this year.

• ACCT1001 Accounting IA
• ACCT1003 Financial Accounting Concepts
• ECMT1010 Business and Economic Statistics A
• ECON1001 Introductory Microeconomics
• ECON1002 Introductory Macroeconomics
• FINC2011 Corporate Finance I
• FINC2012 Corporate Finance II
• FINC2013 Introductory Mathematical Finance

• ACCT3013 Financial Statement Analysis
• CLAW3201 Australian Taxation System
• FINC2192 Finance 2 Honours
• FINC3011 International Financial Management
• FINC3012 Derivative Securities
• FINC3013 Mergers and Acquisitions
• FINC3014 Trading and Dealing in Security Markets
• FINC3017 Investments and Portfolio Management
• FINC3018 Bank Financial Management
• FINC3193 Finance 3 Honours (Corporate Finance)
• FINC3194 Finance 3 Honours (Securities Markets)

• Bachelor of Commerce (Liberal Studies) (FH019)
• Bachelor of Commerce and Bachelor of Arts (FH033)
• Bachelor of Commerce and Bachelor of Laws (FH028)
• Bachelor of Commerce and Bachelor of Science (FH034)
• Bachelor of Economics (FH029)
• Bachelor of Information Technology and Bachelor of Commerce (HH042)

• Discipline of Finance
• Faculty of Economics and Business
• University of Sydney