University of Wollongong
Master of Applied Finance (Investing and Financial Services)
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Integrate technical, theoretical and industry knowledge on the operation and organisation of, and participation in, local and international finance.

Course overview
The Master of Applied Finance with a double specialisation in investing and financial services is for students who are interested in focusing on investment, portfolio management and financial services.
The investing specialisation focuses on investment and portfolio management, while the financial services specialisation focuses on financial institutions, as well as bank management and lending.
CSP Subsidised Fees Available
This program has a limited quota of Commonwealth Supported Places (CSP). The indicative CSP price is calculated based on first year fees for EFT. The actual fee may vary if there are choices in electives or majors.
Key facts
What you will study
The Master of Applied Finance (Financial Services and Investing specialisations) requires the successful completion of 96 credit points (CP) comprising:
- 36 CP of core subjects.
- 54 CP of double specialisation subjects.
- A six CP capstone subject.
Each subject is valued at six CP.
Complete the following:
- Business Statistics
- Financial Statement Analysis For Business
- Advanced Managerial Finance
- Socially Responsible Finance
- Financial Institutions
- Risk Management
Entry requirements
Academic requirements
To be considered for this course, students must have one of the following:
- A recognised bachelor's degree in a business, engineering, maths or IT-related specialisation with an equivalent average mark of 50 per cent.
- A Graduate Certificate in Applied Finance.
Other tertiary qualifications combined with extensive professional work experience will be considered.
English language requirements
For international students, the following level of English is required to gain admission to this program:
- IELTS Academic: Overall score of 6.5, with reading 6.0, writing 6.0, listening 6.0 and speaking 6.0.
- TOEFL (Internet-based): Overall score of 86, with reading 18, writing 18, listening 17 and speaking 17.
- UOW College's English for Tertiary Studies: Credit (weighted average mark of 65 overall and minimum 50 in Academic Reading and Writing)
Other qualifications may also be considered. Contact the university for more information.
Outcomes
Learning outcomes
- Integrate technical, theoretical and industry knowledge as it relates to the operation of, organisation of and participation in local and international finance.
- Critically apply technical, theoretical and industry knowledge and skills to propose solutions to complex and/or emerging problems in finance.
- Exercise professional judgement to propose solutions to problems in diverse contexts using economic, financial, regulatory and ethical perspectives.
- Communicate appropriately in oral, written and visual forms with relevant stakeholders.
- Work appropriately with others in order to achieve outputs relevant to finance.
- Conduct an applied research project.
- Reflect on performance and feedback to identify learning opportunities and self-improvement.
Fees and CSP
Total indicative course tuition fee (2025): $65,376 (domestic full-fee paying place)
Total indicative course tuition fee (2025): $28,389 - $31,155 (Commonwealth Supported Place)
A student’s annual fee may vary in accordance with:
- The number of units studied per term.
- The choice of major or specialisation.
- Choice of units.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Student fees shown are subject to change. Contact the university directly to confirm.
Commonwealth Supported Places
The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.
If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.
Limited CSP spaces are offered to students enrolled in selected postgraduate courses.
Your student contribution amount is:
- Calculated per unit you're enrolled in.
- Dependent on the study areas they relate to.
- Reviewed and adjusted each year.
HECS-HELP loans are available to CSP students to pay the student contribution amount.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.