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The Master of Applied Finance and Banking (MAFB)

The Master of Applied Finance and Banking (MAFB) is designed to prepare students and professionals with advanced financial management and banking skills. This program incorporates finance strategy with banking theory and aligns its application to practice, with the aim of equipping students with the knowledge and skills required to successfully compete in the job market in the areas of accounting, finance and banking. The curriculum has been specifically developed with an international focus, allowing graduates to seek careers in this sector in any part of the world.

Why Study This Degree?

The Master of Applied Finance and Banking offers a detailed examination of banks and related financial intermediaries. It provides an in-depth understanding of banking and finance issues such as investment management, analysis and strategy, international banking management (practice, lending and securities), quantitative economic analysis financial management, and risk assessment. The degree prepares students to develop and enhance professional careers in the finance and banking sectors in a contemporary globalized economy.

Who should study this degree?

• Investment Analysts
• Fund Managers
• Commercial and Investment Bankers
• Credit Analysts
• Accountants
• Financial Consultants
• Financial Controllers
• Treasury Managers
• Research Analysts
• Stockbrokers
• Investment Advisers
• Wealth Managers

Program Structure

The Master of Applied Finance and Banking (MAFB) consists of ten (10) subjects in total. Students typically complete two (2) subjects in a semester which consists of ten (10) teaching weeks. At this rate, students are able to complete the degree program in five (5) semesters.The following eight (8) subjects form the core subjects within the MAFB program:

• FIN 922 - Advanced Investment Analysis
• FIN 925 - Banking Theory and Practice
• FIN 928 - Multinational Financial Management
• FIN 955 - International Banking
• FIN 956 - Bank Lending and Securities
• TBS 905 - Economic Analysis of the Business
• ECON 939 - Quantitative Economic Analysis
• FIN 923 - Advanced Portfolio Management*
  (* Capstone Subject)

In addition, students must choose two (2) elective subjects from the following list:

• FIN 924 - Advanced Financial Statement Analysis
• FIN 921 - Managerial Finance
• FIN 926 - Advanced Corporate Finance
• TBS 920 - International Business Strategy
• TBS 903 - Managing People in Organisations
• TBS904 - Marketing Management

Dedicated academic advisors for each program are available for students to plan and develop individualized study plans.

Program Summary

Duration	This course is normally 5 semesters in length.
Recognition	This program is accredited by the UAE Ministry of Education in addition to being accredited by the Australian Government. It is fully recognised within the UAE, in GCC nations and internationally for further education and employment in the private and public sectors.
Semesters	Spring Semester: January - April Summer Semester: May – July Autumn Semester: August – December
Timing / Attendance	Attendance is compulsory. Each subject requires one evening of attendance per week. Classes are held 6.00pm – 9.00pm, Sunday to Thursday.
Lecturers	All lecturers are PhD. qualified and have comprehensive business experience in the discipline.
Program Structure	The Master of Applied Finance and Banking (MAFB) consists of ten (10) subjects in total. Students typically complete two (2) subjects in a semester which consists of ten (10) teaching weeks. At this rate, students are able to complete the degree program in five (5) semesters. The following eight (8) subjects form the core subjects within the MAFB program: FIN 922 - Advanced Investment Analysis FIN 925 - Banking Theory and Practice FIN 928 - Multinational Financial Management FIN 955 - International Banking FIN 956 - Bank Lending and Securities TBS 905 - Economic Analysis of the Business ECON 939 - Quantitative Economic Analysis FIN 923 - Advanced Portfolio Management* (* Capstone Subject) In addition, students must choose two (2) elective subjects from the following list: FIN 924 - Advanced Financial Statement Analysis FIN 921 - Managerial Finance FIN 926 - Advanced Corporate Finance TBS 920 - International Business Strategy TBS 903 - Managing People in Organisations TBS904 - Marketing Management
Entry Requirements	A recognized Bachelors Degree in Business with a minimum GPA of 3.0 on a 4.0 scale or equivalent. Probationary Admission: A student with a recognized Bachelors Degree in Business and a CGPA between 2.5 and 2.99 on a 4.0 scale may be granted probationary admission. Students on probation should take and complete two subjects in the first semester and must achieve a semester average score of “B” (60% at UOWD) in the two subjects taken to continue in the program. If the student does not obtain a minimum average score of B (60% at UOWD) in the two subjects the student will be dismissed and not allowed to enrol again in this program.
Degree Completion Requirements	To qualify for award of the degree of Master of Finance and Banking a candidate must: accrue an aggregate of at least 60 credit points by completing and passing the required core and elective subjects, and achieve a cumulative grade point average of 3.0 / 4.0 (equivalent to 60% average at UOWD).
Articulation	Students, who have completed courses in MBA, MIB or MQM offered by UOWD, must meet the specific Admission Requirements of the MAFB Program in order to articulate over. In such cases, where eligibility exists, these students can complete the MAFB Program by completing 8 additional subjects.