Master of Applied Finance and Economics
- Degree Structure - Start In
- January, February, or July (January or July only for international students)
Advance your career towards professional work in the financial and public sectors.
180
If you are looking to accelerate your career path and open the door for better job opportunities, then the Master of Applied Finance and Economics (MAFE) can help prepare you for bigger roles.
The MAFE is a one-of-a-kind master's degree in Finance and Economics that can be completed full-time in just 12–18 months.
You will take advanced coursework in both Finance and Economics, followed by a capstone course with four project-based modules including cost-benefit analysis, financial decision-making, forecasting, and portfolio management.
The MAFE offers you:
UC is the only university in Aotearoa New Zealand that offers a taught master’s programme in Applied Finance and Economics. Finance and Economics are interrelated disciplines, and studying both allows you to gain a more holistic understanding of markets, including financial markets, as well as the economy within which they operate.
The combined Master’s degree, which includes intensive training in how to use modern data analytics tools, gives graduates a wide range of professional careers in banking, the financial sector, and the public sector.
Te Kura Umanga | UC Business School is accredited by AMBA, AACSB, and EQUIS; only one percent of business schools in the world have attained all three.
UC is also part of the Chartered Financial Analyst (CFA) Institute University Affiliation Program, and is accredited by the Professional Risk Managers’ International Association (PRMIA).
A Master of Applied Finance and Economics graduate:
Applicants 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.
If English is not your first language, you are also required to meet UC's English language requirements.
For the full entry requirements, see the Regulations for the Master of Applied Finance and Economics or use the admission requirements checker.
Pre-Master’s pathways
If you are a domestic student and need help meeting these requirements, study UC’s Diploma in Advanced University Studies to gain entry into this degree.
If you are an international student and need help meeting these requirements, study one of UC’s International Pre-Master’s pathways to gain entry into this degree.
English language pathway option at CCEL
If you need help meeting English language requirements, or would like to practise your English skills before studying, UC offers English for Academic Purposes (EAP) language programmes through CCEL.
A grade of B+ or higher in the EAP2 course satisfies UC English language requirements for postgraduate study.
Missing the Intermediate microeconomic theory or business finance entry requirement?
If you do not have the entry requirement of intermediate level microeconomic theory or business finance, you are welcome to enrol online in either ECON207 Intermediate Microeconomics – Households and Government or FINC201 Business Finance.
You should register your interest in the programme by contacting the Department of Economics and Finance directly before enrolling.
You can apply online at myUC.
See Admission and enrolment for all information on enrolling at UC.
To qualify for the Master of Applied Finance and Economics, you will need to pass:
and 120 additional points:
With approval from Tumuaki Tari | Head of Department of Economics and Finance, you may choose to substitute FIEC601 with another 15-point postgraduate course, and/or one of the ECON or FINC courses with another 15-point postgraduate course.
The degree may be completed in a minimum of 12–18 months full-time study, or up to 4 years part-time study. You can start in January, February, or July (January or July for international students).
For full requirements, see the Regulations for the Master of Applied Finance and Economics.
2024 tuition fee estimate: $12,791 (180 points)
2025 tuition fee estimate: $13,559 (180 points)
2024 tuition fee estimate: $52,500 (180 points) ($35,000 per 120 points)
2025 tuition fee estimate: $54,600 (180 points) ($36,400 per 120 points)
2026 tuition fee estimate: $56,850 (180 points) ($37,900 per 120 points)
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: