Master of Applied Finance (Investing)
The Master of Applied Finance - Investing program in UAE is an advanced program for students who are interested in focusing on investment and portfolio management.
You will study the theory and practice of financial management and gain an in-depth understanding of the global financial system.
Using realistic stock market simulations, you will also be introduced to portfolio theory and practice with emphasis on optimal investment decision-making.
Duration
18 - 24 months
Intakes
Spring - January
Summer - May
Autumn - August
Fees per subject
AED 8,967
USD 2,443
(VAT 5% inclusive)
Attend our upcoming open days and meet our academic and admissions staff to find out more about your chosen program. Register now!
A focus on applied research means that by the end of the program, you will be able to provide innovative solutions to investment issues and have a thorough grounding in corporate governance and business ethics, providing protection against portfolio, financial and corporate risks.
Globally accredited, internationally relevant

Because we’re licensed by the UAE Ministry of Education - Higher Education Affairs, through the Commission of Academic Accreditation, our students and graduates can be assured that our degrees are recognised throughout the UAE and internationally.
All MAF programs are also quality assured by UOW Australia, which is registered with the Australian Tertiary Education and Quality Standards Agency (TEQSA), the national regulator of higher education in Australia. Upon graduation, students can choose either a degree certificate from UOWD or a degree certificate from the University of Wollongong Australia.
Program Duration
The maximum requirement to graduate from a single specialisation MAF program is twelve (12) subjects.
The program will normally take you five or six semesters to complete (based on three semesters per year with summer as an optional semester and two subjects per semester). At this rate, the degree can be completed in two years or less. Classes are held 6:00pm - 9:30pm, Sunday to Thursday. Each subject requires one evening of attendance for 13 weeks.
Program Structure
If you have joined UOWD in spring 2016 or later, your program of study is as follows:
Level | Subject Code | Subject Name |
---|---|---|
Common Finance Foundation* | FIN924 | Financial Statement Analysis for Business |
FIN958 | Financial Institutions | |
ECON939 | Quantitative Economic Analysis | |
FIN926 | Advanced Managerial Finance | |
Specialisation Subjects | FIN957 | Portfolio Simulation |
FIN923 | Portfolio Management | |
FIN959 | Enterprise Risk Management | |
TBS909 | Corporate Governance | |
Electives* | FIN907 | Financial Strategy |
FIN928 | Multinational Financial Management | |
FIN956 | Banking, Lending and Securities | |
TBS905 | Economic Analysis for Business | |
MARK922 | Marketing Management | |
FIN930 | Islamic Banking and Finance | |
Capstone Project | FIN960 | Research in Financial Markets and Institutions |
*Students are required to choose two electives from the approved list.
Program Leader

Dr Vikash Ramiah
Associate Professor
PhD, RMIT University; Master of Finance, RMIT University; Diploma of Management, RMIT University; BSc (Hons) UOM
Dr Vikash Ramiah is an Associate Professor at the University of Wollongong in Dubai, and currently teaches International Financial management on undergraduate level and Portfolio Simulation and Financial Strategy on postgraduate level...
If you joined UOWD prior to Spring 2016, please click here.
For more information on fees and scholarships, entry requirements, application procedures, academic timetabling and information about credit for prior learning, please follow the links below: