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Business, management and economics
Master of Applied Finance and Economics
Master of Applied Finance and Economics

Master of Applied Finance and Economics

  • ID:UC640083
  • Level:Master's Degree
  • Duration:
  • Intake:
  • Type:Full-time

Fees (NZD)

  • TuitionFee/Month:$3,781.25
  • LivingFee/Month:$1,406.50
  • InsuranceFee/Month:$50.00
  • TuitionFee/Month:$3,781.25
  • LivingFee/Month:$1,406.50
  • InsuranceFee/Month:$50.00
Estimated Total/program:
Accept letter

Admission Requirements

Entry requirements

  • Students must have completed a bachelor's degree that includes intermediate microeconomics, introductory business finance, a calculus-based mathematics course, and an introductory statistics course, and be approved for entry by the Dean of Business.

English requirements

  • IELTS: Academic with an average score of 6.5, with a minimum of 6.0 in reading, writing, listening and speaking
  • TOEFL iBT: Total minimum score of 90, with at least 19 in reading, writing and listening. Please note UC only accepts TOEFL iBT scores from a single test date, not MyBest scores.
  • TOEFL PBT: With a minimum score of 575 and TWE with a minimum score of 4.5
  • CCEL EAP: Level 2 with a minimum C+ grade
  • CAE or CPE: minimum score of 176 with at least 169 in reading, writing, listening and speaking
  • Pearson Test of English (Academic): PTE with an overall score of 58 and no PTE communicative skills score below 50
  • NZCEL:  Level 5

Course Information

The Master of Applied Finance and Economics is a joint master's degree in Finance and Economics that can be completed full-time in 12–13 months. Students take two semesters of advanced coursework in both subjects, followed by a practical applications course from November–February.

The MAFE offers students:

  • a coursework-based alternative to the traditional master's research pathway
  • a capstone course that involves hands-on applications of advanced tools and techniques
  • preparation for careers in business, financial, banking, and public sectors
  • an excellent foundation to pursue further academic training in the USA or the UK, if desired.

A Master of Applied Finance and Economics graduate:

  • can demonstrate in-depth knowledge and understanding of current theoretical concepts and frameworks within finance and economics
  • is able to think logically, analytically, and critically with respect to the academic literature in finance and economics and explain how this literature applies to real world problems
  • is able to synthesise academic or professional literature and effectively communicate the results of their independent study orally and in written form
  • is able to apply their in-depth knowledge of finance and economics to real problems.

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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

Postgraduate study can bring many career benefits eg, specialist skills and enhanced knowledge, entry into specific occupations, higher starting salary/progression rates, research capability/achievement, and evidence of high academic attainment/self-discipline.

Some examples of roles from UC Master of Applied Finance and Economics alumni include:

  • Corporate Finance Analyst at BDO Christchurch
  • Valuation and Business Modelling Consultant at EY
  • Corporate Finance Analyst at Price Waterhouse Coopers
  • Investment Banking Analyst at Murray & Co
  • Registered Financial Broker
  • Commercial Senior Associate at BNZ
  • Investment Analyst at Consilium NZ
  • Relationship Consultant, Commercial at ANZ
  • Risk Assurance Associate at PWC New Zealand
  • Actuarial Analyst at Suncorp NZ
  • Instructor on Financial Market and Applied Economics at Pontificia Universidad Católica de Valparaíso in Chile
  • Relationship Associate at ANZ
  • Assurance Associate at PWC
  • Credit Risk Analyst
  • Motu, a non-profit Economics and Public Policy Research institute
  • Analyst with Goldman Sachs
  • Registered Financial Advisor at Equity Investment Advisors.

Ability to settle

Overseas Student Health Cover

Insurance/year: 600 NZD/per year

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