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 12–18 months. Students 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 students:
- a coursework-based master’s degree with practical training in Finance and Economics, for students who have majored in Finance or Economics
- preparation for high-level professional roles in finance, banking, and the public sector
- intensive, hands-on application of tools and techniques
- many opportunities to use Te Kura Umanga Wāhi Hokohoko | UC Business School Trading Room, powered by Bloomberg terminals
- preparation to sit the Chartered Financial Analyst exams
- a proven track record for graduate placements.
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.
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:
- 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.
Students 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 by the Dean of Business.
If English is your additional 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.
Opportunities to meet the entry requirements prior to enrolling in the MAFE
English language pathway option at CCEL
Students who are at IELTS level 6.0 are welcome to enrol for CCEL English for Academic Purposes 2 (EAP2) online to enhance their English language proficiency. A grade of B+ or higher in this course satisfies UC English language requirements for postgraduate study.
For more information, please contact email@example.com
Missing the Intermediate microeconomic theory or business finance entry requirement?
Students who do not have the entry requirement of intermediate level microeconomic theory or business finance are welcome to enrol online in either ECON 207 Intermediate Microeconomics – Households and Government or FINC 201 Business Finance.
How to apply
Students should register their interest in the programme by contacting the Department of Economics and Finance directly before enrolling.
You can apply online at myUC. Find out more about how to apply for graduate and postgraduate qualifications.
To qualify for the award of Master of Applied Finance and Economics a student must satisfactorily pass:
and 135 additional points selected from:
- 60 points from ECON 601–669, including at least 30 points from ECON 620–669
- 60 points from FINC 601–669, including at least 30 points from FINC 620–669
- FIEC 601 or, at the discretion of the Head of Department of Economics and Finance, an additional 15 points from ECON 601–669 or FINC 601–669
The degree may be completed in a minimum of 12–18 months full-time study, or up to 4 years part-time study. Students can start in January, February, or July (January for international students, and also for those who require FIEC 601).
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:
- Corporate Finance Analyst at BDO
- Corporate Finance Analyst at Deloitte
- Valuation and Business Modelling Consultant at EY
- Corporate Finance Analyst at PwC
- Investment Banking Analyst at Murray & Co
- Commercial Senior Associate at BNZ
- Investment Analyst at Consilium NZ
- Relationship Consultant, Commercial at ANZ
- Risk Assurance Associate at PwC New Zealand
- Actuarial Analyst at Suncorp NZ
- Relationship Associate at ANZ
- Assurance Associate at PwC
- Analyst at Goldman Sachs
- Analyst at Reserve Bank of New Zealand
- Registered Financial Advisor at Equity Investment Advisors.
- Read what other UC postgraduate students have gone on to achieve in their studies and careers in our student and graduate profiles.
- Te Rōpū Rapuara | UC Careers can help you to achieve the career you want, connect with employers, or find a job.
- For research into career destinations by qualification, visit Te Pōkai Tara | Universities New Zealand website.
- Find out more about what you can do with a degree from UC.
- Come along to an upcoming information event for prospective postgraduate students.
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 UC Business School:
Te Kura Umanga | UC Business School
Te Whare Wānanga o Waitaha | University of Canterbury
Private Bag 4800