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postgraduate

Degree

Master of Finance (MFinc) (Coursework)

postgraduate

Degree

Master of Finance (MFinc) (Coursework)

Quick facts

  • Annual tuition (2022)

    $53,291 NZD

  • Application fee

    Free

  • Duration

    1 year

  • PSW

    3 years

  • Min GPA

    75 out of 100

Highlights
Project

These are mandatory and all come with course.

Deadlines

Term start& deadline Deadline
Fall-February 31-October-2022 2022-10-31
Winter-July 30-April-2023 2023-04-30
Fall-February 31-October-2023 2023-10-31
Winter-July 30-April-2024 2024-04-30

Overview

Master of Finance (MFinc)

The Master of Finance (MFinc) at the University of Otago will equip students to be either professional practitioners or academic researchers in the field of Finance.

The Master of Finance can be completed in one year of full-time study which consists of a selection of papers plus either an applied or research project

The program allows for the development of individual skills and applied or theoretical research and investigation. 

Starting with a sound background of coursework, students will have the opportunity to contribute to existing or new fields of research (applied or theoretical).

Graduates who follow the option of completing an Applied Project (FINC 501) will have a wide range of career opportunities in commercial and investment banks, brokerage and investment firms, insurance companies, treasury departments of non-financial corporations, regulatory agencies, and consulting and accounting firms. 

Graduates completing the Master of Finance with a Research Project (FINC 580) will in addition have the ability to design and pursue a large project of independent research suitable for the PhD.

Starts February (semester 1).

Estimate your cost

Residency
Count of person

$71,987

Total costs

yearly

Details


Cost of living 1 person $4,140
Accommodation 1 bed room $18,696
Tuition 1 person $53,291

Hourly wage

Min wage

21.20 NZD / 1 hour

in New Zealand every student can work 20 hour per week

Required documents

  • Academic Transcripts
  • Educational Credential Evaluators report (ECE) (If required)
  • Proof of your identity (Full name, date of birth, and nationality)
  • Certified/notarised copy (passport or birth certificate)
  • English Language Proficiency (If Available)
  • CV
  • Essay (If Applicable)

Language requirements

GRE
not required
GMAT
not required

IELTS

6.5
6
listening
6
writing
6
speaking
6
reading

TOEFL

90
-
listening
21
writing
-
speaking
-
reading

PTE

58
50
listening
50
writing
50
speaking
50
reading

Cambridge

176
169
listening
169
writing
169
speaking
169
reading
Language pathway (conditional offer) is available

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 semesters 2 2022 and 2023 intakes.

 

Don’t meet the English language requirements?

The University of Otago Language Centre English for Otago program offers a pathway for Undergraduate and Postgraduate students to meet the English language requirements.

 

Entrance requirements if you are not sitting the English for Otago entrance exam

If you are not sitting the English for Otago entrance exam, these are the entrance requirements:

CourseTestEntrance requirement
Postgraduate programmeIELTS6.0 (no band below 5.5)
 IELTS Online6.0 (no band below 5.5)
 TOEFL iBT80 (writing 20)
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 50 with no band score lower than 42.
Pearson Test of English Academic Online is currently accepted for applications for intakes commencing in semester 2 2022 and 2023 intakes.

Study period

  • October 2022 intake: 15 weeks
  • February, July, and October 2023 intakes: 12 weeks

Academic background and requirement

Bachelor’s degree in quantitative Finance or mathematically oriented disciplines such as Mathematics, Statistics, Physics, and Economics, with B+ (75%-79.9%) grades in the final year of study, or

have equivalent alternative qualifications or experience acceptable to the Pro-Vice Chancellor (Commerce).

Applicants should have a good level of understanding of financial markets, derivative securities, and calculus. 

Career opportunities

  • Banker
  • Credit Manager
  • Financier
  • Financial Analyst
  • Financial Controller
  • Finance Director
  • Fund Manager
  • Treasurer
  • Stockbroker
  • Working Capital Specialist
  • Finance Manager
  • Research Analyst
  • Management Reporting Manager
  • Equity Trade Analyst
  • Bank Officer
  • Investment Operations Analyst

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