Finance professionals are concerned with the management of assets to create wealth for investors or companies. The finance discipline examines how individuals, businesses and institutions raise funds to implement investment strategies and how they allocate these funds to a variety of investment opportunities. When dealing with investments, finance professionals consider the time between investment and future payoff and the risks attached to these future payoffs.
The finance major covers three key areas:
- Capital markets and financial institutions
- Investments and financial planning
- Corporate finance
During your degree, you will have the option to study each of these areas, as well as personal finance and real estate finance.
Learn more about the Department of Finance.
The University clearly has a passion for educational excellence – this is evident in the stimulating lectures, committed tutors and lecturers, world-class facilities, and numerous support services available. The combination of these features make studying here a very satisfying experience. I have especially benefited from participating in the FMAA, a finance student society, which has helped me expand my professional network, make friends and understand the career options available to me when I graduate.
Bachelor of Commerce student (Valedictorian), Graduated in 2014
Consultant at The Boston Consulting Group, New York
The University of Melbourne is a participant in the University Affiliation Program of the CFA Institute®, the world's largest association of investment professionals. The CFA Institute administers the CFA Program and awards the prestigious CFA designation, the best known and most respected investment credential in the world.
This affiliation means that the finance major in the Bachelor of Commerce covers 70 per cent of the Level I CBOK topics, including the CFA Institute ethical and professional standards. Recognition as a CFA Affiliated University confirms that the University curriculum ties closely to professional practice and suitably prepares you for the CFA exams. The affiliation also entitles you to apply for scholarships and have access to CFA Institute curriculums, journals, webcasts, and other educational resources. You will also have access to a specially prepared online Level I sample exam.
The Finance & Treasury Association gives recognition to finance subjects in the Bachelor of Commerce as part of their membership and accreditation requirements.
It was my dream to come to the University of Melbourne, and my interest for Commerce led me here. The fact that it is the best university in Australia for Commerce also affected my choice. Uni has been an amazing experience. The challenge of learning in a new way is one that I am determined to overcome! The incredible people I meet makes me excited to go to class everyday. I am loving the interactive and team approach of the tutorials, especially those where we learn from other students.
Bachelor of Commerce student
Sample course plan - Bachelor of Commerce1
Major in Finance
This sample course plan names compulsory subjects in the BCom and minimum subjects required for the finance major. In total, these comprise 10 of 24 subjects in the degree. If you intend to pursue Honours in Finance, you will also need to do either Basic Econometrics or Econometrics in your final year.
|Year 1||Semester 1||Introductory Microeconomics||Quantitative Methods 1||Accounting Reports & Analysis||Breadth|
|Semester 2||Introductory Macroeconomics||Principles of Finance||Commerce Elective||Breadth|
|Year 2||Semester 1||Organisational Behaviour||Corporate Financial Decision Making||Commerce Elective||Breadth|
|Semester 2||Introductory Econometrics||Commerce Elective||Commerce Elective||Breadth or Commerce Elective|
|Year 3||Semester 1||Investments||Commerce Elective||Commerce Elective||Breadth|
|Semester 2||Derivative Securities||Level 3 Finance Elective||Commerce Elective||Breadth or Commerce Elective|
|Commerce Electives||Breadth or Commerce Electives|
1This is a sample course plan only that assumes that a student has not yet taken either Finance I or Business Finance as part of their studies. Subjects offered may change from year to year. You will be advised of current subject offerings prior to subject selection and enrolment.