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.
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.
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 12–13 months full-time study, or up to 4 years part-time study. Students can start in February (January for students 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 Christchurch
- Valuation and Business Modelling Consultant at EY
- Corporate Finance Analyst at Price Waterhouse Coopers
- Investment Banking Analyst at Murray & Co
- Registered Financial Broker
- 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
- Instructor on Financial Market and Applied Economics at Pontificia Universidad Católica de Valparaíso in Chile
- Relationship Associate at ANZ
- Assurance Associate at PWC
- Credit Risk Analyst
- Motu, a non-profit Economics and Public Policy Research institute
- Analyst with Goldman Sachs
- 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.
- Our Careers, Internships & Employment team can help you to achieve the career you want, connect with employers or find a job.
- For research into career destinations by qualification, visit the 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 the College of Business and Law:
College of Business and Law | Te Rāngai Umanga me te Ture
University of Canterbury | Te Whare Wānanga o Waitaha
Private Bag 4800