Finance (2023)

Finance is available as a first major for the Bachelor of Business (BBus) and Bachelor of Management Studies with Honours (BMS(Hons))[1]. Finance may also be included as a second major or minor in other undergraduate degrees, subject to the approval of the Division in which the student is enrolled.

To complete Finance as a single major for the BBus or BMS(Hons), students must gain 135 points from papers listed for Finance, including 105 points above 100 level, and 60 points above 200 level. Students must complete FINAN101, MATHS168, FINAN200, FINAN202, FINAN204, FINAN302, FINAN305, and 30 points from FINAN303, FINAN304 or FINAN306. BBus and BMS(Hons) students may count one of WSAFE396 or WSAFE399 in place of 15 points from the 30 point option list.

To complete Finance as part of a double major for the BBus, BMS(Hons) or other undergraduate degree, students must gain 120 points from papers listed for Finance, including 90 points above 100 level, and 45 points above 200 level. Students must complete FINAN101, MATHS168, FINAN200, FINAN202, FINAN204, FINAN302, FINAN305, and 15 points from FINAN303, FINAN304 or FINAN306.

To complete a minor in Finance, students must complete 60 points from the papers listed for the Finance major, including at least 30 points above 100 level. Students must complete FINAN101.

NOTES:

[1] There will be no new enrolments into the BMS(Hons) from 2024. Students who commenced a BMS(Hons) in 2023 or prior should contact the Waikato Management School for programme advice.

On this page

• Prescriptions for the GradCert(Fin) and GradDip(Fin)
• Prescriptions for the PGCert(Fin), PGDip(Fin), BBus(Hons) and MMS
• Prescriptions for the MAppFin
• Prescriptions for the MPhil
• Prescriptions for the PhD
• 100 Level
• 200 Level
• 300 Level
• 500 Level
• 800 Level
• 900 Level

• Prescriptions for the GradCert(Fin) and GradDip(Fin)

  A Graduate Certificate and Graduate Diploma are available to graduates who have not included Finance at an advanced level in their first degree. The qualification regulations define the subject requirements for the Graduate Certificate and Graduate Diploma. There are no specified subject papers that must be included for these programmes.

• Prescriptions for the PGCert(Fin), PGDip(Fin), BBus(Hons) and MMS

  The qualification regulations define the subject requirements for the BBus(Hons), PGCert(Fin), PGDip(Fin) and MMS. There are no specified subject papers that must be included for the BBus(Hons), and PGCert(Fin) programmes.

  PGDip(Fin) students must complete FINAN511 and FINAN512.

  MMS students must complete FINAN511, FINAN512, either MNMGT581 or MNMGT582, and one of FINAN590, FINAN591, FINAN592, FINAN593 or FINAN594. Students taking the 120 point MMS are required to complete at least 60 points from the papers listed for the subject. Students taking the 180 point MMS are required to complete at least 120 points from the papers listed for the subject.

• Prescriptions for the MAppFin

  MAppFin students must complete ACCTN570, ECONS506, ECONS507, ECONS543, FINAN500, FINAN506, FINAN508, FINAN509, FINAN515, FINAN518, FINAN520, and either FINAN521 or WSAFE500.

• Prescriptions for the MPhil

  The Master of Philosophy is a one year research-based degree in which students undertake a programme of approved and supervised research that leads to a thesis which critically investigates an approved topic of substance and significance, demonstrates expertise in the methods of research and scholarship, displays intellectual independence and makes a substantial original contribution to the subject area concerned, and is of publishable quality.

• Prescriptions for the PhD

  The Doctor of Philosophy is a three year research-based degree in which students undertake a programme of approved and supervised research that leads to a thesis which critically investigates an approved topic of substance and significance, demonstrates expertise in the methods of research and scholarship, displays intellectual independence and makes a substantial original contribution to the subject area concerned, and is of publishable quality.

• 100 Level

  Code	Paper Title	Points	Occurrence / Location
  FINAN101	Introduction to Finance	15.0	23A (Hamilton), 23A (Hamilton Waikato College), 23B (Hamilton), 23B (Tauranga), 23H (Hamilton), 23VB (National Economics University, Vietnam) & 23X (Zhejiang University City College, Hangzhou China)
  This paper introduces the three core areas of finance - financial management, investments, and capital markets and institutions. The paper also examines applications of corporate finance concepts to personal finance.
  MATHS168	Preparatory Mathematics	15.0	23A (Hamilton), 23B (Hamilton) & 23JS (Hamilton)
  Basic algebraic concepts and an introduction to Calculus and Statistics. This paper provides a last chance for students to correct a weak background in mathematics. Students who meet the prerequisites of MATHS165 or MATHS166 should take one of those papers instead.

• 200 Level

  Code	Paper Title	Points	Occurrence / Location
  FINAN200	Financial Management 1	15.0	23A (Hamilton), 23A (Tauranga), 23B (Hamilton) & 23X (Zhejiang University City College, Hangzhou China)
  This paper deals with the principles and practice of financial management. It examines corporate capital budgeting, capital structure theory, dividend policy and net working capital management.
  FINAN202	Investments 1	15.0	23A (Hamilton), 23B (Hamilton), 23B (Tauranga) & 23X (Zhejiang University City College, Hangzhou China)
  This paper deals with the principles and practice of investment analysis. Building upon the concepts of risk-return trade-offs and the efficient market hypothesis, the paper examines: modern portfolio theory and asset pricing models.
  FINAN204	Entrepreneurial Finance	15.0	23A (Hamilton), 23A (Tauranga) & 23X (Zhejiang University City College, Hangzhou China)
  This paper investigates the key issues relating to small business finance, especially in New Zealand. Empirical evidence, theoretical models and government policy are considered.

• 300 Level

  Code	Paper Title	Points	Occurrence / Location
  FINAN302	Investments 2	15.0	23A (Hamilton), 23A (Tauranga), 23B (Hamilton) & 23X (Zhejiang University City College, Hangzhou China)
  This paper extends student competency in the valuation of fixed income securities, equities and alternative investments, portfolio performance evaluation, and the interpretation of investment psychology.
  FINAN303	Computer Modelling in Finance	15.0	23A (Hamilton), 23A (Tauranga), 23G (Hamilton) & 23X (Zhejiang University City College, Hangzhou China)
  This paper introduces the use of spreadsheets and programming in building appropriate and credible financial models useful for analysts and managers in financial decision making.
  FINAN304	Financial Risk Management	15.0	23B (Hamilton), 23B (Tauranga), 23H (Online) & 23X (Zhejiang University City College, Hangzhou China)
  This paper develops student understanding of risk markets and how financial institutions and firms manage risk exposure, including interest rate risk, foreign exchange risk and commodity price risk.
  FINAN305	Financial Management 2	15.0	23A (Hamilton), 23B (Hamilton), 23B (Tauranga) & 23X (Zhejiang University City College, Hangzhou China)
  As a second paper in financial management, this paper further examines a firm's capital structure policy, dividend and pay-out policy, short-term financial management, and several advanced topics.
  FINAN306	Capital Markets and Financial Institutions	15.0	23B (Hamilton), 23B (Tauranga) & 23X (Zhejiang University City College, Hangzhou China)
  This paper provides students with an introduction to Australasian financial markets and an evaluation of the institutions, instruments and participants involved in the industry.
  FINAN399	Applied Project in Finance	15.0	23X (Zhejiang University City College, Hangzhou China)
  This paper offers students the opportunity to complete a directed investigation of an approved topic relevant to an organisation or industry and in an area related to their management discipline of study.
  WSAFE396	Management Internship	15.0	23A (Hamilton), 23A (Tauranga), 23B (Hamilton), 23B (Tauranga), 23C (Hamilton), 23C (Tauranga) & 23X (Zhejiang University City College, Hangzhou China)
  The Management Internship provides students with the opportunity to apply their management discipline-based knowledge to an authentic project within an organisation.
  WSAFE399	Report of an Investigation	15.0	23A (Hamilton), 23A (Tauranga), 23B (Hamilton), 23B (Tauranga), 23C (Hamilton) & 23C (Tauranga)
  This paper offers students the opportunity to complete a directed investigation of an approved topic relevant to an organisation or industry and in an area related to their management discipline of study.

• 500 Level

  Code	Paper Title	Points	Occurrence / Location
  ECONS528	Econometric Topics: Macroeconomics and Finance	15.0	23A (Hamilton)
  This paper provides students with theoretical and practical skills in econometrics that should enable them to carry out a wide range of applied analyses involving macroeconomics and finance. The prime focus of this paper is on the application of time-series econometrics. The topics covered include econometric estimation and testing...
  ECONS543	Applied Econometrics	15.0	23B (Hamilton)
  A postgraduate paper in econometrics for students who have not included an advanced paper in econometrics in their undergraduate degree.
  FINAN500	Financial Management and Institutions	15.0	23A (Hamilton)
  This paper provides students with a deep understanding of banking and financial services sector, focusing on their role in the functioning and well-being of the economy.
  FINAN504	International Corporate Finance	15.0	23A (Hamilton)
  This paper deals with finance subject matters faced by multinational corporations. The course examines exchange rate determinations, currency exposure management, international investment and international capital budgeting.
  FINAN506	Corporate Finance	15.0	23B (Hamilton)
  This paper is designed to prepare students to develop the leadership skills necessary for making optimal corporate financial decisions.
  FINAN508	Investments and Financial Markets	15.0	23B (Hamilton)
  This paper provides an introduction to the structure and functioning of equity, bond markets, and derivative markets.
  FINAN509	Financial Modelling	15.0	23B (Hamilton)
  This paper develops student skills in the effective use of spreadsheets and programming in building appropriate and credible financial models useful for analysts and managers in financial decision making.
  FINAN511	Advanced Corporate Finance	30.0	23B (Hamilton)
  This paper presents advanced corporate finance theory pertaining to the cost of capital, capital structures, dividend policies, leasing, IPOs, and managerial compensation.
  FINAN512	Investments and Portfolios	30.0	23A (Hamilton)
  This paper presents advanced portfolio theory and develops student competency in portfolio analysis. Students are required to complete an empirical study on investments utilising advanced methods and credible financial data.
  FINAN515	International Finance	15.0	23H (Hamilton)
  This paper develops student understanding of foreign exchange markets within the international financial/monetary system, and examines the role, practices and performance of multinational corporations, banks and international financial institutions.
  FINAN518	Financial Risk Management	15.0	23G (Hamilton)
  This advanced paper utilising the latest research pertaining to financial risk develops student skills in managing financial risk exposure, including interest rate risk, foreign exchange risk and commodity price risk.
  FINAN519	Derivatives	15.0	23B (Hamilton)
  This paper aims to enhance students' ability to understand and analyse derivatives beyond simple futures and options. Major topics include Black-Scholes model, delta-hedging, portfolio insurance, basic numerical procedures, value at risk, GARCH conditional volatility models, credit derivatives, interest rate derivatives and real op...
  FINAN520	Financial Econometrics	15.0	23G (Hamilton)
  This paper equips students with advanced tools for the analysis of financial data, including the return forecasting, volatility and econometrics of asset pricing. It is an advanced paper utilising the latest research pertaining to financial econometrics. Students will develop skills with R, Stata and other econometric software.
  FINAN521	Finance Project	15.0	23H (Hamilton)
  This paper provides students with an opportunity to demonstrate knowledge learnt in this programme by completing a research project and writing a professional research report.
  FINAN590	Directed Study	30.0	23X (Hamilton)
  Students have the opportunity to pursue a topic of their own interest under the guidance of academic staff.
  FINAN591	Finance Dissertation	30.0	23X (Hamilton)
  A report on the findings of a theoretical or empirical investigation.
  FINAN592	Finance Dissertation	60.0	23X (Hamilton)
  A report on the findings of a theoretical or empirical investigation.
  FINAN593	Finance Thesis	90.0	23X (Hamilton)
  An externally examined piece of written work that reports on the findings of supervised research.
  FINAN594	Finance Thesis	120.0	23X (Hamilton)
  An externally examined piece of written work that reports on the findings of supervised research.
  MNMGT582	Research Methods in Management Studies for Economics and Finance	15.0	23A (Hamilton)
  This paper introduces students to research paradigms commonly used in research in economics and finance. It develops skills in the critical evaluation of research literature, the identification of research problems, and the preparation of research proposals. Students completing the paper will develop a proposal for research in the...

• 800 Level

  Code	Paper Title	Points	Occurrence / Location
  FINAN800	Finance MPhil Thesis	120.0	23X (Hamilton)
  No description available.

• 900 Level

  Code	Paper Title	Points	Occurrence / Location
  FINAN900	Finance PhD Thesis	120.0	23I (Hamilton), 23J (Hamilton), 23K (Hamilton) & 23X (Hamilton)
  No description available.