School of Economics and Finance

Finance

Please note: Information on this page relates to the 2014 academic year unless otherwise specified.

On this page:

This subject is taught by the School of Economics and Finance.

Overview

If you want a rock-solid foundation in portfolio selection, financial decision-making, and the behaviour of financial markets, study Finance at Victoria. You will get the current perspectives on modern business and public finance, and learn how to use that information wisely.

Finance covers aspects of decision making that include: investments, management of risk, management and valuing capital assets at the local and international level, as well as governance of public and private organisations. It is a total package designed to prepare you for work in small business, big corporations, or in public sector institutions where financial policy is formed and implemented.

You can take Finance as a major for a Bachelor of Commerce (BCom), or take some finance courses in the areas that interest you most, and put them toward a BCom in which you major in another subject: this is available for a Bachelor of Arts (BA) or BCom in Economics.

Students doing a Bachelor of Science (BSc) degree, a Bachelor of Laws (LLB) degrees or a BA may obtain a major in finance by completing that degree as well as a BCom. Another route is to earn a major in finance in a conjoint BCom/BSc degree that has a lower total credit requirement than the BCom and BSc taken separately.

A very attractive option is to take finance as a second major of a BSc. It has a lower credit requirement than a conjoint degree and it provides the opportunity to combine subjects that complement each other in nature and understanding, that will benefit employment and future scholarship prospects.  There are many alternatives: for example, a BSc degree majoring in mathematics, or statistics or physics combined with a second major in finance would have subject complementarities that would enhance learning and employment prospects.  These science subjects provide important foundations for aspects of finance, and finance itself has many applications and developments that utilise these subjects.

Whatever you choose, you will know that with finance, you've got an education in the financial fundamentals of business.

Back to top ^

Undergraduate information

The Bachelor of Commerce (BCom) requires:

  • A total of 360 points to complete the degree (3 years full-time study).
  • The completion of seven compulsory core 100-level courses*.
  • The completion of at least one major.

* The BCom core consists of seven courses: ACCY 111 (or 130), ECON 130, FCOM 111, INFO 101, MARK 101, MGMT 101 and QUAN 102.

Finance major

Finance majors should take ACCY 111, ECON 130, ECON 140, QUAN 102 and QUAN 111 (or Statistics and Mathematics equivalents), in their first year. BCom students are required to take FCOM 111** in their first year for referencing and writing skills.  This means that two courses can be chosen from INFO 101, MARK 101 and MGMT 101, to take in the first year, with the remaining core course left till later years.

  1. ECON 130*, 140, QUAN 102, (or MATH 177 or STAT 131/193), QUAN 111 (or MATH 141/142, 151)
  2. FINA 201; 202; one of (ACCY 231, ECON 201, 202, FINA 203, MATH 277, QUAN 201, 203, STAT 231, 233)
  3. Three courses from ACCY 306, FINA 300-399

*The ECON 130 requirement will be waived for a student who has passed ECON 140.
**FCOM 111 can be replaced by COML 203 and PUBL 113/201/202.

Previous NCEA study

ECON 130 is the first course introducing students to economic principles and is the prerequisite for ECON 140.  However, any student who has attained Achievement with Excellence in NCEA Level 3 AS 90629, 90630, 90631 and 90632, may be exempt from ECON 130, and advance directly to ECON 140.

Finance major attributes

These are the attributes that we expect our FINA majors to have by the time they graduate. They will be able to:

  1. Use logical reasoning
  2. Comprehend and apply theories and practices of finance and economics
  3. Comprehend the basis and interpret the role of the key assumptions of finance and monetary theories
  4. Interpret and appraise the construction of financial data
  5. Instigate, describe and explain comparisons of finance theories with observed and measured relationships
  6. Describe, analyse and explain the operations of, and reasons for, key financial and monetary institutions
  7. Use theory and data to assess policies towards financial markets
  8. Structure for analysis unstructured issues in finance

Other undergraduate qualifications in Finance

Back to top ^

Postgraduate information

Postgraduate qualifications in Finance

The Master of Applied Finance, Postgraduate Diploma in Financial Analysis and Postgraduate Diploma in Treasury Management are incorporated in the Victoria International Applied Finance Programme.

Back to top ^

How to find out more

You can order more information on this subject using our Request for Study Material form.

Victoria’s Student Recruitment, Admission and Orientation Office offers advice on courses and help with planning your degree.

Contact the Commerce Faculty Student Administration Office for information on Admission, qualifications and courses, course advice and selection criteria, exemptions and prerequisites and your Application to Study.

Finance courses are taught within the School of Economics and Finance, Rutherford House, email sef@vuw.ac.nz.

Back to top ^

Related subjects and careers

Related subjects Careers

Accounting
Commercial Law
Econometrics
Economics
Law
Management
Mathematics
Statistics

Banking economic forecaster
Financial adviser
Financial analyst
Financial planner
Foreign exchange
Investment consultant
Portfolio manager
Security analyst
Sharebroker

Back to top ^

Course information

Course learning objectives 

Each course has specific learning objectives that we expect students to have attained by the time that they have successfully completed the course.

Download the course learning objectives below:

Document File size File type
PDF icon Finance—course learning objectives 37 KB PDF

List of courses

Please note: the list below shows undergraduate-level courses only. For a complete course listing, see the list of all Finance courses.


100 Level Courses

FINA 101 – Finance for Business


200 Level Courses

FINA 201 – Introduction to Corporate Finance

FINA 202 – Introduction to Investments

FINA 203 – Applied Finance

FINA 211 – Corporate Finance for Accounting and Business


300 Level Courses

FINA 301 – Corporate Finance

FINA 302 – International Corporate Finance

FINA 303 – Derivatives

FINA 304 – Financial Econometrics

FINA 305 – Investments

FINA 306 – Financial Economics

FINA 307 – Risk Management and Insurance

FINA 308 – Financial Institutions Management

FINA 350 – Special Topic

FINA 351 – Special Topic

FINA 352 – Special Topic