This degree is no longer offered. You may be interested in other courses in Finance
Master of Finance (Specialisation)
Postgraduate
TAS-FSP-MAS 2022Course information for 2022 intake
Specialise in the corporate world and finance industry
In addition to developing a critical understanding of the complex field of finance, this Masters degree offers specialisations in business research, data management, and environmental management. Specialise and unlock your international career.
- Study method
- 100% online
- Assessments
- 100% online
- Credit available
- Yes
- Total subjects
- 16
- Available loans
- Australian Higher Education Loan Program (HELP)
Master of Finance (Specialisation)
About this degree
Upon completion of the course, the student should be able to:
- Explain the context and integrate advanced theoretical and technical finance knowledge including research and recent developments.
- Present, justify and defend, orally and in writing, financial information and decisions in complex collaborative contexts involving specialist and non-specialist audiences.
- Apply advanced theoretical and technical finance knowledge to critically analyse financial data to solve sophisticated financial problems in complex contexts. Prepare and execute a research-based project, capstone experience or piece of scholarship.
- Exercise judgement, under minimal guidance, to apply financial solutions using ethical, social, regulatory, economic, sustainability and global perspectives.
- Reflect on and evaluate: • the nature and implications of assumptions and value judgements in analysis, • interactions with other disciplines, • historical and contemporary events affecting the finance profession, • responsibilities of their role in both the finance profession and in the broader society.
Note: This program will not be offered in 2023. Students who wish to study Master of Finance (Specialisation), please check the newly structured Master of Finance program (TAS-FIN-MAS).
The Master of Finance Specialisation is a 24 month full-time or part-time equivalent course offered by the Tasmanian School of Business and Economics. The course is full fee-paying, which means that you will be charged at the full fee-paying rate listed for each subject.
The UTAS Master of Finance (Specialisation) is grounded in a philosophy based on two major premises: to facilitate the acquisition of life-long financial knowledge and skills through sharing and building on the diverse experiences of all stakeholders within the course and to foster empowerment and personal responsibility by encouraging students to challenge the conventional paradigms in finance.
Our Master of Finance (Specialisation) will engage students using teaching materials that link the lectures and workshops to local, national and global case studies. This approach will facilitate self-actualisation and the notion ‘doing and thinking are one’; it will also equip our students with the theories, concepts, and knowledge in finance that are necessary to deal with the rapid changes in finance worldwide by covering a variety of perspectives, including, but not restricted to, the theoretical, empirical, behavioural, ethical, economic, environmental and statistical/mathematical.
Recommended study pattern
For students undertaking full-time study the following study pattern is recommended:
10 Core subjects from the followings:
- TAS-BEA651 Corporate Finance
- TAS-BEA653 Applied Quantitative Finance
- TAS-BEA674 Data and Business Decision Making
- TAS-BEA683 Economics for Managers
- TAS-BEA705 Financial Institutions and Markets
- TAS-BEA706 International Financial Management
- TAS-BFA601 Business and Corporate Law
- TAS-BFA607 Investment Planning
- TAS-BFA746 Pathway to Accounting and Finance Careers
1 Specialisation from one of the following majors:
- Business Research
- Option A - Minor Project
- 2 Electives from the following subjects:
- TAS-BEA704 Sustainable Finance
- TAS-BFA714 Australian Tax Law
- TAS-JNB513 International Human Resource Management
- 3 Major subjects from the following subjects:
- TAS-BAA704 Research Methods and Analysis
- TAS-BAA705 Research Project (equal to 2 subjects)
- TAS-BAA710 Data Analysis and Management
- 2 Electives from the following subjects:
- Option B - Major Project
- 2 Electives from the following subjects:
- BAA704 Research Methods and Analysis
- BAA710 Data Analysis and Management
- 1 Major subject
- BAA739 Research Project (equal to 4 subjects)
- 2 Electives from the following subjects:
- Option A - Minor Project
- Data Management
- 2 Electives from the following subjects:
- TAS-BEA704 Sustainable Finance
- TAS-BFA714 Australian Tax Law
- TAS-JNB513 International Human Resource Management
- 4 Major subjects from the following subjects:
- TAS-KIT707 Knowledge and Information Management
- TAS-KIT708 ICT Systems Strategy and Management
- TAS-KIT709 Enterprise Architecture and Systems
- TAS-KIT710 eLogistics
- 2 Electives from the following subjects:
- Environmental Management
- 2 Electives from the following subjects:
- TAS-BEA704 Sustainable Finance
- TAS-BFA714 Australian Tax Law
- TAS-JNB513 International Human Resource Management
- 2-3 Major subjects from the following subjects:
- TAS-KGA507 Earth, Climate and Life
- TAS-KGA508 Ecosystem Conservation
- TAS-KGA517 Protected Area Planning and Management Systems (equal to 2 subjects)
- TAS-KGA705 Climate Change: Economics, Politics and Planning (equal to 2 subjects)
- 2 Electives from the following subjects:
Award requirements
Successful completion of 16 subjects as outlined in the recommended study pattern within 2-5 years, from the time of first enrolment.
Degrees are usually made up of core subjects and electives. Some degrees include a choice of majors, so you can focus your studies on a specialisation.
This list is a general overview. Download the full Degree Guide for more information.
Open Universities Australia is a not-for-profit organisation. You will not pay any fees for using our services.
Indicative total fee $42,630
The amount shown here is indicative for an Australian citizen studying full-time, which is typically 8 subjects per year.
Fees may vary depending on:
- the subjects you choose
- credit from previous work experience
- your eligibility for government funding loans or subsidies such as HECS-HELP or a Commonwealth supported place.
To learn more, go to Fees or contact a student advisor.
Wherever you are, the University of Tasmania brings its island campus to you through a growing range of online programs across art and design, business, education, health, science, sustainability, technology, and more. It’s never too late to switch things up. Kickstart that career you’ve been dreaming about, or upskill for the one you’re in. You’ll also become a part of the world's leading university on climate action.
Learn more about UTAS.
Explore UTAS courses.
- QS World University Ranking 2025, within Australia:
- 20
- Times Higher Education World University Ranking 2025, within Australia:
- 19
Entry requirements
- Successful completion an undergraduate degree of an Australian higher education institution or the equivalent standard in any other institution; OR
- Successful completion the Graduate Certificate of Business Studies at the University of Tasmania, or an equivalent qualifying Graduate Certificate from any other institution (a qualifying Graduate Certificate is any Graduate Certificate from an Australian higher education institution, or the equivalent from any other institution).
Students who have completed a Master of Finance with the University of Tasmania may articulate in the Master of Finance (Specialisation) with full credit. Students may undertake a pathway via the Graduate Certificate in Business Studies, but the subjects completed therein do not provide credit toward the Master of Finance (Specialisation).
The University of Tasmania grants credit and recognition of prior learning that may include formal and/or informal prior learning. More information is available here.
https://www.utas.edu.au/study/apply/admission-requirements/recognition-of-prior-learning
Degree FAQs
How long does it take to finish an online degree?
That's up to you! Because we let you choose when to study online, you can actually pick up and pause study when it suits you. Many universities have a set time you need to complete your degree within. For some this is up to 10 years, and for others there is no limit.
There are some degrees that are stricter about when you can take breaks, and about how many years you can take to complete your degree. Please always check with your uni what the limits are.
As a general guide, Commonwealth supported place students have 10 years to finish their undergraduate degree through OUA, However, if you're studying with Griffith University, there's a limit of 8 years to complete your studies. If you want to take a break that lasts more than two study terms, you'll need to apply for a leave of absence. You can apply for a leave of absence for up to 12 months, as long as you complete your studies within the maximum time allowed for your degree.
If you're studying with Macquarie University, with the exception of certain degrees, there's no limit to how long you can take. But, please check with Macquarie Student Administration to be sure.
If you're studying with the University of Adelaide, you have up to 9 years to complete your undergraduate degree and graduate.
If you're studying with La Trobe University and want to take a break of minimum 1 study term, you must apply for leave of absence to avoid being inadvertently withdrawn from your degree.
Through OUA, you can study all year round, so it's possible to fast-track and finish up sooner than studying at a traditional uni would allow. That said, you need to spend around 12 hours a week on each undergraduate subject you do, so taking on extra work to finish ahead of time can be challenging.
How can I pay for my studies?
You may be eligible for a HELP loan from the Australian government, depending on your citizenship status and where you'll be living during your studies. You can also pay upfront with your credit card.
Payment options are explained in Fees, and you can contact a student advisor for more information.
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You might find learning through OUA a little different to how you've studied in the past. It can take time to develop the skills you need for independent online study.
We connect you with subjects and degrees that are taught by leading Australian universities. You can complete single subjects, or follow a degree structure to work towards a specific qualification. Subjects are offered in several study terms throughout the year, so you can choose to study part-time or full-time, continuously or with breaks.
We help you find the subjects or degree that's right for you, and we handle your enrolment in uni and some administration. Your uni sends you your study materials and deals with all academic matters. They're also in charge of your assessment and graduation. If you go on to complete a degree, you'll graduate from the uni offering your degree, for example, RMIT University or Griffith University.
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Why should I study online through Open Universities Australia?
There are a lot of reasons to study your course online through us.
You can enrol without entry requirements
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You have total control over how you study
Upskill without committing to a whole degree upfront. Or enrol in a full degree, but take it a subject at a time. We'll introduce you to flexible study options you didn't even know about, so you can fit uni around what matters to you.You'll graduate with the same qualification as an on-campus student
Once you enrol through us, you'll study online with the university that provides your degree. This means that when you complete your qualification, you'll graduate with the same degree as on-campus students.We'll help you navigate the university world
Our friendly student advisors will be your guide every step of the enrolment journey. They'll help you compare universities, choose a course, provide documentation and understand your finance options.
How do I enrol?
Here at Open Universities Australia, we make enrolling online as straightforward as possible. To get started, find the course for you by browsing the options on this page. You can also compare different qualifications using our handy comparison tool, or request help from one of our student advisors.
When you've made your choice, click 'Apply now' on the relevant course page and follow the prompts to begin your enrolment. We'll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.
Your university will get in touch with you via email to confirm whether or not your application has been successful.
If you get stuck at any time, reach out to a student advisor and we'll talk you through it.
You can also take a look at our online self-service enrolling instructions.