Bachelor of Finance
Course code/s: LBF Melbourne
Admission requirements
Admission requirements are VCE units 3 and 4 of English (any) and mathematics (any) with a study score of at least 20 in each. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.
Degree requirements
Students must complete a course of subjects accumulating at least 360 credit points, at least 300 of which must be subjects offered by the Faculty of Business, Economics and Law. The course is designed to be completed within three years of full-time study, although part-time study is possible. Maximum course duration is 7 years. Students should undertake 120 credit points at each year level and must undertake at least 120 credit points at third year level including 90 credit points at third year level from the Faculty of Business, Economics and Law. Variations to this structure are subject to approval by a Faculty of Business, Economics and Law course adviser.
Course structure
Students must pass the compulsory and elective subjects listed below. All subjects are worth 15 credit points.
First year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
|
TE-SEM-1 or TE-SEM-2 |
Accounting for Management Decisions | ACC1AMD |
|
TE-SEM-1 or TE-SEM-2 |
Introductory Financial Accounting | ACC1IFA |
|
TE-SEM-1 or TE-SEM-2 |
Introductory Statistics for Business | ECO1ISB |
|
TE-SEM-1 or TE-SEM-2 |
Macroeconomics | ECO1IMA |
|
TE-SEM-1 or TE-SEM-2 |
Microeconomics | ECO1IMI |
|
TE-SEM-1 or TE-SEM-2 |
Finance | FIN2FIN |
|
TE-SEM-1 or TE-SEM-2 |
Two 1st year elective subjects |
Second year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
|
TE-SEM-1 or TE-SEM-2 |
Introduction to Quantitative Analysis | ECO2IQA |
|
TE-SEM-1 or TE-SEM-2 |
Introduction to Econometrics | ECO2EME |
| TE-SEM-1 | Microeconomic Theory | ECO2MIT |
| TE-SEM-2 | Macroeconomic Theory | ECO2MAT |
| TE-SEM-2 | Financial Instruments | FIN2FII |
| TE-SEM-1 | Finance Law | LST2FLA |
|
TE-SEM-1 or TE-SEM-2 |
Two 2nd year elective subjects |
Third year
|
Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Corporate Finance | FIN3CFI |
| TE-SEM-2 | Investment and Portfolio Management | FIN3IPM |
|
TE-SEM-1 or TE-SEM-2 |
Four 3rd year electives FIN | |
|
TE-SEM-1 or TE-SEM-2 |
Two 3rd year electives |
Professional recognition
In order to satisfy the educational requirements of Financial Services Institute of Australasia (FINSIA), Foundations of Management MGT1FOM and Marketing: Defined. Planned and Delivered MKT1MDP must be taken as elective subjects.
Students seeking employment in the finance industry or in a position which requires them to provide advice to retail clients about financial planning or financial products must complete an Australian Securities and Investment Commission (ASIC RG146) compliant course of study. This includes completion of FIN3CFP.
NB: FIN3CFP
Finance Electives
| Subject title | Subject code |
|---|---|
| Financial Planning | |
| Financial Planning | FIN2FPL |
| Taxation | ACC3TAX |
| Retirement and Estate Planning | **FIN3REP |
| Case Studies in Financial Planning | FIN3CFP |
| Corporate Finance | |
| Commodity Derivatives | FIN3DER |
| Security Valuation | FIN3SEV |
| Mergers and Acquisitions | FIN3MAQ |
| Case Studies in Finance | FIN3CSF |
| Other Recommended Elective Subjects | |
| Financial Institutions Management | FIN3FIM |
| Econometric Methods | ECO2EME |
| Microeconomic Analysis | ECO3MIA |
| Computational Finance | FIN3CLF |
| Introduction to Time-Series Econometrics | ECO3ITE |
| Macroeconomic Analysis | ECO3MAA |
| Financial Statement Analysis | FIN3FSA |
| Ethics and Professional Practice | FIN3EPP |
Note: Not all subjects are offered in any one year.
For a full description of these subjects, including the subject name, subject code, credit points, campus/location, subject coordinator, class requirements, assessment, prerequisites and readings, students should access the Subject Database at www.latrobe.edu.au/udb_public.
Honours
The honours program requires a further year of full-time study or two years of part-time study. As a guide, the usual minimum requirement is a B (70%) avarage result in at least six second and third year core finance subjects (at least 50% at 3rd year level), although a student's entire academic record is taken into account. Students must complete all requirements of their undergraduate degree before being invited to take up the honours program. For more information on the Finance Honours program see the entry under the Bachelor of Business (Finance).