Finance seeks to achieve the efficient and effective allocation of money manifested in terms of assets, equity and liabilities; it provides the institutions and instruments for the optimal flow of money between individuals, businesses, government and other organisations in the context of risk and return.
The major in finance will provide you with skills to work in mainstream functional finance roles with the rigour of a quantitative focus. Undertaking this degree will prepare you for careers in the corporate sector in roles such as group finance director, treasurer, securities dealer, commodities trader, derivatives trader, investment banker, finance analyst, investment analyst, stockbroker, chief financial officer, mergers and acquisitions specialist, risk manager or consultant.
Finance is listed in the Bachelor of Commerce at Clayton as a major or minor.
In addition to achieving the broad outcomes of their course, students successfully completing this major will:
- be able to critically evaluate, analyse and interpret financial data and demonstrate the use of fundamental financial models and empirical techniques
- formulate and present investment and financing decisions and justifications thereof
- comply with the Australian Business Dean's Council endorsed Finance Learning Standards of knowledge, application, judgement, communication and teamwork, and reflection.
Major requirements (48 points)
No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.
- The following four units (24 points):
- Four units (24 points) from the following list, with at least two units (12 points) at level 3:
- ACX3150 Financial analysis and valuation
- BFC2340 Debt markets and fixed income securities
- BFC3140 Corporate finance 2
- BFC3170 Management of financial intermediaries
- BFC3240 International finance
- BFC3340 Derivatives 2
- BFC3440 Pension and financial planning
- BFC3540 Modelling in finance
- BFX3355 Property investment
- BFX3871 International study program in banking and finance
- BTC3200 Finance law or BTX3130Not offered in 2019 Stock exchange and derivatives law
- ETC3460 Financial econometrics
Minor requirements (24 points)
Successful completion of the minor or major can be counted towards meeting the requirements for the following single degree:
- B2001 Bachelor of Commerce
Students in this course can complete the minor using 24 points of their free electives.*
Students in other single bachelor's degrees may be eligible to complete the minor or major by using 24 or 48 points of their free electives.
Successful completion of the minor or major can be counted towards meeting the requirements for the Bachelor of Commerce component in the following double degrees:
- B2006 Bachelor of Commerce and Bachelor of Global Studies
- B2008 Bachelor of Commerce and Bachelor of Computer Science
- B2020 Bachelor of Commerce and Bachelor of Arts
- B2021 Bachelor of Commerce and Bachelor of Biomedical Science
- B2022 Bachelor of Commerce and Bachelor of Music
- B2023 Bachelor of Commerce and Bachelor of Science
- B2025 Bachelor of Commerce and Bachelor of Information Technology
- B2030 Bachelor of Commerce and Bachelor of Actuarial Science
- B2032 Bachelor of Commerce and Bachelor of Economics
- E3005 Bachelor of Engineering (Honours) and Bachelor of Commerce
- L3005 Bachelor of Laws (Honours) and Bachelor of Commerce