Master of Applied Finance and Economics


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.

Graduate Profile

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.

Entry requirements

Normally the minimum requirement is a three-year bachelor’s degree from a New Zealand university, or a qualification or combination of qualifications considered to be equivalent.

If you gained your qualifications overseas, these will need to be assessed to make sure they are of an equivalent standard.

Qualification specific requirements

Candidates 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 the degree by the Dean of Commerce.

Students should register their interest in the programme by contacting the Department of Economics and Finance directly.

For full entry requirements see the Regulations for the Master of Applied Finance and Economics or use the admission requirements checker.

 You are also required to meet UC’s English language requirements.

Qualification structure and duration

To qualify for the award of Master of Applied Finance and Economics a student must satisfactorily pass:

135 additional points selected from:


The degree may be completed in a minimum of 12-13 months full-time study or up to four years part-time study. 

Students can start in February (January for students who require FIEC 601). 

How to apply

Students should register their interest in the programme by contacting the Department of Economics and Finance directly.

Find out how to apply for graduate and postgraduate qualifications

Career opportunities

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. 

Useful resources:

More information

For full requirements see the Regulations for the Master of Applied Finance and Economics.

For study planning help contact the Department of Economics and Finance or the School of Business and Economics:

School of Business and Economics
College of Business and Law
University of Canterbury
Te Whare Wānanga o Waitaha
Private Bag 4800
Christchurch 8140
New Zealand

Phone +64 3 369 3888
Email bsec@canterbury.ac.nz

Beini Guo

Beini Guo

'I enjoy exploring economics and finance related theories and applying them to daily experiences...'

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Akmal Fazleen

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