Master of Applied Finance
Make a sound investment in your future and start a rewarding career in the financial sector with our highly practical Master of Applied Finance.
The Master of Applied Finance is a specialist qualification designed to prepare you for a successful and rewarding professional career in the financial sector.
The 18-month course will equip you with the industry-relevant skills needed to secure financial roles working in businesses, banks, investment firms, and the public sector.
The course has a strong practical focus and is ideal for students who have never majored in finance before, but already have some quantitative analysis skills from their bachelor’s degree.
On completion, graduates can apply for provisional membership of the CFA Institute and then continue their journey towards becoming a Chartered Financial Analyst (CFA).
Students will have 24/7 access to a brand-new Finance Trading Room opening in February 2020. This high-tech simulation room will display trading prices in real time for global and NZX financial markets, so that students can experience the thrill of buying and selling shares/bonds/commodities, and compete to build the most valuable portfolios.
The course is divided into three stages, covering one trimester of study each.
Part One: Core Papers provides students with a grounding in the quantitative and analytical techniques required to understand financial markets, risk and return, and make investment decisions. You will discover how key financial markets contribute to the functioning of healthy economies, and be introduced to finance theories and models.
In Part Two: Master of Knowledge, students will develop advanced knowledge in specialist areas such as corporate finance, investments and financial markets, financial modelling and econometrics. You will learn how to analyse and interpret financial data, forecast returns and price assets, and conduct shares and bond valuations. You will also gain a deep understanding of capital raising, mergers and acquisitions, and corporate governance issues.
In Part Three: Application of Skills, students have the opportunity to apply their skills in a professional context by undertaking a research project investigating a real financial issue. Alternatively, you can choose to complete a finance workplace internship.
You will also learn about the flow of international finance in today’s global economy, and be able to forecast interest and exchange rates. Students will be able to identify the financial risks faced by firms, and gain skills for analysing and trading commodities, currencies and derivatives, as well as stocks and bonds.
Style of learning:
Learning is via lectures, class discussions, individual/group assignments, consulting projects and practical workshops.
You will also spend time in the computer labs learning how to run experiments, understand statistical techniques, and gain experience with STATA programming.
Degree planner — Master of Applied Finance - 180 points
- Part One
- Part Two
- Part Three
- Investment advisor
- Banker (commercial, investment, small business, rural, industry)
- Corporate financer
- Financial regulator
- Financial or business analyst
- Financial advisor
- Portfolio manager
- Trader / Mutual fund analyst
A bachelor's degree (or equivalent) in any subject that includes quantitative analysis to at least the second year;eg.
- A bachelor's degree (or equivalent) in any subject that includes quantitative analysis to at least the second year;
eg. business, mathematics, economics, social sciences, physics, engineering or psychology
- Achieved at least a B grade average in your bachelor's degree across the 300-level papers
Note: Anyone who does not meet these admission criteria may still be considered for entry based on academic merit or relevant experience. You may be asked to complete some qualifying papers first.
Scholarships and prizes
New to Waikato? The International Excellence Scholarship is worth up to $10,000.
Visit our Scholarship Finder for information about possible scholarships
English language requirements
Expand to read English language requirements
- an IELTS overall score of at least 6.5, with no band below 6.0, or
- an iBT (Internet-based TOEFL) score of at least 90, with a Writing score of at least 22, or
- a B grade or better at Level 8 in the Certificate of Attainment in Academic English, or
- an overall score of C (with at least a C in the Writing band) in the Foundation Certificate in English for Academic Purposes, or
- a PTE Academic overall score of at least 65, with no less than 58 for each communicative skill.
New Zealand students
Management Student Centre (MSC)
Phone: +64 7 838 4303 (within NZ)
Location: MSB.1.46, Level One, Waikato Management School, Hillcrest Road, Hamilton