University of Wollongong
Master of Financial Management
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 18 months
- Course Type: Master's
Enhance your career opportunities by developing further professional and personal skills and knowledge in financial management areas.
Course overview
In the Master of Financial Management, you will learn to plan, organise, direct, and control financial activities such as obtaining funds and using funds for investments.
Topics covered include investment management, financial strategy and financial statement analysis. You will also be equipped to review the global financial system and understand the principles of descriptive and inferential statistics and their applications in the business environment.
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 Financial Management requires the successful completion of 72 credit points (CP) comprising:
- 24 CP of foundation subjects.
- 24 CP of core subjects.
- A six CP capstone subject.
- 18 CP of electives.
Each subject is valued at six CP.
The foundation subjects should be completed within the first two sessions of study. The capstone subject, Business Research Capstone and Institutions should be completed in the final session of study.
Complete the following:
- Accounting and Financial Management
- Principles of Marketing Management
- Organisational Behaviour and Management
- Operations Management
Entry requirements
Academic requirements
To be considered for this course, students must have one of the following:
- A recognised bachelor's degree with an average mark of 50 per cent.
- A UOW Graduate Certificate in Business.
Other tertiary qualifications along 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.
Recognition of Prior Learning
If you hold a bachelor's degree in a business or commerce-related area you may be granted credit for up to 24 CP (four core subjects).
Graduates of the Master of Financial Management can progress to another select master’s program and receive up to 36 CP into their new master’s degree - so you can complete two master’s programs in two years.
Graduates looking to progress to the Master of Business Administration will receive up to 18 CP into the MBA program, if they meet the appropriate work experience entry requirements.
Outcomes
Learning outcomes
- Demonstrate specialised knowledge of advanced concepts and frameworks relating to financial management.
- Synthesise financial management principles and concepts in a business context.
- Propose integrated solutions to a range of problems using theoretical knowledge, technical skills, and critical and/or creative thinking.
- Plan and execute a substantial research-based finance project.
- Apply principles of social responsibility when critically evaluating situations and making business decisions.
- Communicate complex disciplinary information for the intended audience and purpose; (a) orally and (b) in writing.
- Reflect on professional interpersonal skills whilst working with others to produce agreed outputs.
Fees and CSP
Total indicative course tuition fee (2025): $49,032 (domestic full-fee paying place)
Total indicative course tuition fee (2025): $21,062 - $25,488 (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.