The BCom at the University of Otago is a three-year undergraduate degree.
You can major in Finance, combine it with another business major (double major) or complete a dual degree.
Finance is a decision-oriented discipline that is complex, challenging and dynamic.
It’s about managing money and capital in the real world: making practical financial decisions that can add value to a business and the economy.
Finance focuses on investments (including portfolio theory); corporate finance (how businesses make internal financial decisions); derivatives (the study of financial securities deriving their value from other assets’ values);
and international finance (finance across borders).
An understanding of Finance is essential to business, and Finance majors succeed in rewarding and highly-paid careers.
Why study Finance?
Every person and every organization raises and spends money. Finance examines the theory and practice of this process, with particular attention to the measurement and management of risk.
It’s about deciding how money is allocated in the real world.
Finance is both a science and an art – a science because it systematically analyses information and uses it to make and test predictions; an art because these activities are not exact and there is frequently no “right” answer.
Finance deals not only with the measurable, “quantitative” aspects but also with the unmeasurable in which intuition and experience play a vital role.
Skills in these areas are invaluable in the workplace.
Above all, Finance is exciting. You will often have to make swift decisions concerning large amounts of money and resources.
$55,575
| Cost of living | 1 person | $4,140 |
| Accommodation | 1 bed room | $18,696 |
| Tuition | 1 person | $36,879 |
TOEFL iBT Home Edition is currently accepted for applications for intakes commencing semester 2 2022 and 2023 intakes.
Pearson Test of English Academic Online is currently accepted for applications for intakes commencing in semester 2 2022 and 2023 intakes.
The University of Otago Language Centre English for Otago programme offers a pathway for Undergraduate and Postgraduate students to meet the English language requirements.
If you are not sitting the English for Otago entrance exam, these are the entrance requirements:
| Course | Test | Entrance requirement |
|---|---|---|
| Undergraduate programme | IELTS | 5.5 (no band below 5.0) |
| IELTS Online | 5.5 (no band below 5.0) | |
| TOEFL iBT | 70 (writing 15) TOEFL iBT Home Edition is currently accepted for applications for intakes commencing semester 2 2022 and 2023 intakes. | |
| Pearson Test of English (Academic) | PTE (Academic) score of 42 with no band score lower than 36. Pearson Test of English Academic Online is currently accepted for applications for intakes commencing in semester 2 2022 and 2023 intakes. |
Undergraduate entrance requirements
The university recognizes many other qualifications as equivalent to the New Zealand qualification for entrance.
To check if the university recognizes your previous studies, determine the country where you gained the qualification. Countries entrance requirements example:
China entrance requirements:
Senior High School graduation and one year of successful study at a recognized institution of university standing;
Or Senior High School graduation and completion of a diploma with high passing grades at a recognized institute or university.
Students with the requisite scores in Gaokao may be given direct entry to bachelor degree programme.
India entrance requirements:
Minimum overall average of 75% in the All India Senior School Examination (CBSE) or Indian School Certificate Examination (CISCE) with a minimum of 70% in English.
The scores are calculated on the best four academic subjects excluding local languages and non-academic subjects.
Iran entrance requirements:
One year of successful study at a recognized institution of university standing, or successful completion of a University of Otago Foundation Year programme or equivalent.
The university also accepts the following international qualifications:
There are no required subjects for studying Finance at Otago, but students who choose Finance usually have an interest in making decisions about managing and allocating money and resources.
It’s helpful if you’ve studied Economics, Accounting, Mathematics or Statistics at school, but these are not essential.
Study in your chosen subject area and gain a university entrance qualification
The University of Otago Pathway programme offers a university entrance qualification within two 13-week semesters for domestic and international students. It is called the Foundation Studies Certificate (FSC).
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