A basic knowledge of finance benefits a wide variety of career choices where careful financial decision making is necessary. Finance professionals need strong quantitative skills. For students studying science and engineering, the discipline of finance provides great opportunities to apply those quantitative skills in practice. Financial decisions often involve behavioural elements, so psychology or social science students may find that finance studies offer a way of applying what they learn in their major area of study. An understanding of personal financial management will be valuable in managing your personal finances throughout your life.

Students enrolling in finance subjects as breadth must have completed VCE Units 3/4 Mathematical Methods, with a minimum study score of 25. To enrol in second year finance subjects, students need to have taken an approved quantitative subject at first year level. To enrol in third year finance subjects, students need to have taken an approved quantitative subject at second year level.

The following breadth tracks are available to students enrolled in a non-Commerce degree:

Economics and Finance (6 subject track)

For non-Bachelor of Commerce students seeking an eventual career or graduate work related to consulting and investment banking.

First year

FNCE10001 Finance 1

ECON10005 Quantitative Methods 1

Second year

FNCE20001 Business Finance

ECOM20001 Introductory Econometrics or ECON20003 Quantitative Methods 2

Third year

Two of:

FNCE30001 Investments

FNCE30002 Corporate Finance

FNCE30007 Derivative Securities

Please refer to the University Handbook for more information on this breadth track. These subjects are not approved as breadth for Bachelor of Commerce students. Note that breadth tracks are designed to be taken as a sequence, so higher year subjects will have prerequisites.

Your Money or Your Life (3 or 4 subject track)

For those seeking to understand and prepare for the coming crises in the retirement saving of an aging population.

First year

FNCE10001 Finance 1

Second year

FNCE20001 Business Finance

FNCE20003 Introductory Personal Finance

Students can extend this breadth track by completing FNCE30008 Intermediate Personal Finance.

Please refer to the University Handbook for more information on this breadth track. These subjects are not approved as breadth for Bachelor of Commerce students. Note that breadth tracks are designed to be taken as a sequence, so higher year subjects will have prerequisites.

Real Estate and the Australian Dream (3 or 4 subject track)

Explores whether demographic changes explain trends in home ownership, and why some retail areas succeed while others fail.

First year

FNCE10001 Finance 1

Second year

FNCE20001 Business Finance

FNCE20004 Introduction to Real Estate Analysis

Students can extend this breadth track by completing FNCE30005 Real Estate Finance.

Please refer to the University Handbook for more information on this breadth track. These subjects are not approved as breadth for Bachelor of Commerce students. Note that breadth tracks are designed to be taken as a sequence, so higher year subjects will have prerequisites.

Ethics and Investing (3 subject track)

How not to repeat the GFC, and what you as an investor can do to help save the planet.

First year

FNCE10001 Finance 1

Second year

FNCE20001 Business Finance

FNCE30009 Ethics in Finance

Please refer to the University Handbook for more information on this breadth track. These subjects are not approved as breadth for Bachelor of Commerce students. Note that breadth tracks are designed to be taken as a sequence, so higher year subjects will have prerequisites.