Qualification regulations for the Master of Finance

Qualification Regulations

Part I

These regulations are to be read in conjunction with all other Statutes and Regulations of the University including General Regulations for Postgraduate Degrees, Postgraduate Diplomas, and Postgraduate Certificates.

Part II

Admission

1. Admission to the Master of Finance requires that the candidate will:

(a) meet the University admission requirements as specified;

(b) have been awarded or qualified for a relevant Bachelor’s degree or equivalent qualification, having achieved a grade average of at least a C+ in the highest level courses.

Qualification requirements

2. Candidates for the Master of Finance shall follow a parts-based programme of study, which shall consist of courses totalling at least 180 credits comprising:

(a) completion of Part One and Part Two as defined by the Schedule to the Degree;

(b) courses selected from the Schedule to the Degree;

and including:

(d) any compulsory courses listed in the Schedule to the Degree.

3. Notwithstanding Regulation 2, candidates admitted who have been awarded or qualified for the Degree of Bachelor of Business Studies with Honours, or the equivalent degree of another recognised university, may apply for credit towards Part One of the qualification in accordance with the limits specified in the Recognition of Prior Learning regulations.

4. Candidates who have completed 125.330 (Advanced Business Finance) or an equivalent course as part of their undergraduate degree will be exempt from the course 125.700 but will be required to take the course 125.785 in their first semester of the programme.

Specialisations

5. The Degree of Master of Finance is awarded with a specialisation.

6. The requirements for each subject are set out in the Schedule for the Qualification

7. Subjects available are: Financial Analytics and Research, and Risk Analytics

Student progression

8. For progression from Part One to Part Two for the Risk Analytics subject, candidates must have achieved a minimum C+ grade average in the first 60 credits of study in Part One.

9. For progression from Part One to Part Two for the Financial Analytics and Research subject, candidates must achieve a minimum B grade average in the first 60 credits of study, including a B for the course 125.785.

10. Notwithstanding Regulation 9, candidates who were enrolled in the Master of Finance prior to 1 January 2021 and who are enrolled in Financial Analytics and Research (formerly the Research Pathway) may meet the progression criteria outlined in Regulation 15.

11. In cases of sufficient merit, the Degree of Master of Finance may be awarded with Distinction or Merit.

Completion requirements

12. The timeframes for completion as outlined in the General Regulations for Postgraduate Degrees, Postgraduate Diplomas, and Postgraduate Certificates will apply.

13. Candidates may be graduated when they meet the Admission, Qualification and Academic requirements within the prescribed timeframes. Candidates who do not meet the requirements for progression from Part One to Part Two, or who do not meet the requirements for graduation may, subject to the approval of Academic Board, be awarded the Postgraduate Diploma in Business or the Postgraduate Certificate in Business should they meet the relevant qualification requirements.

Unsatisfactory academic progress

14. The general Unsatisfactory Academic Progress regulations will apply.

Transitional provisions

15. Subject to any Maximum Time to Completion and the Abandonment of Studies provisions specified in the Part I regulations for the degree, candidates enrolled in Risk Analytics and Financial Analytics and Research who have successfully completed 125781 may substitute this for 125710 and (125718 or 178742).

16. This transition arrangement expires 31 December 2028.

Schedule for the Master of Finance

Course planning key

Prerequisites: Courses that need to be completed before moving onto a course at the next level. For example, a lot of 200-level courses have 100-level prerequisite courses.
Corequisites: Courses that must be completed at the same time as another course are known as corequisite courses.
Restrictions: Some courses are restricted against each other because their content is similar. This means you can only choose one of the offered courses to study and credit to your qualification.

Key terms for course planning

Courses: Each qualification has its own specific set of courses. Some universities call these papers. You enrol in courses after you get accepted into Massey.
Course code: Each course is numbered using 6 digits. The fourth number shows the level of the course. For example, in course 219206, the fourth number is a 2, so it is a 200-level course (usually studied in the second year of full-time study).
Credits: Each course is worth a number of credits. You combine courses (credits) to meet the total number of credits needed for your qualification.
Specialisations: Some qualifications let you choose what subject you'd like to specialise in. Your major or endorsement is what you will take the majority of your courses in.

Subjects

Financial Analytics and Research (180 credits)

Part One

Compulsory courses

Choose 30 credits from

125785 Research and Analytics in Economics and Finance 30

This course provides foundations for econometrics and data analytics from which students can understand and perform quality empirical research in economics and financial contexts.

Regulations for The Master of Finance - MFin