Master of Applied Finance

From 2009, Term 1 (January) onwards - The Master of Applied Finance will be replaced by Master of Commerce (Applied Finance).

Admission Criteria
Course Structure
Current Timetable
Course Description

Introduction
The last few years have seen a period of turbulence and change rocking the world's financial markets, and especially so for Singapore with its current efforts to liberalise the financial sector to become a major financial centre for Asia.

This has placed a great premium on skilled financial talent, equipped with analytical ability, flexibility and creative problem-solving techniques. Globalisation, information and communication technology are also transforming the financial sector. With rapid consolidation amongst financial intermediaries, competition is becoming more acute and professional standards are rising rapidly.

The Master of Applied Finance from The University of Adelaide, offered at the Ngee Ann-Adelaide Education Centre, is an investment in the ability of individuals and organisations to manage change and uncertainty in the financial world.

The Master of Applied Finance equips students with the adaptability and skills to respond to the changes and challenges that they will face in their careers, based on the knowledge of the most recent advances in finance. Building on the long-established reputation of The University of Adelaide for excellence in economics and finance, and Ngee Ann Kongsi's premier standing as one of the major sponsors of education in Singapore, the Master of Applied Finance will come to be regarded as a pre-eminent qualification for finance professionals in the region.

Program Objectives
The objective of the Master of Applied Finance program is to help individuals, and the organisations that employ them, to enhance their managerial effectiveness in the field of finance. This part-time program provides participants with a strong foundation in the principles and practice of finance, and furnishes them with new skills and analytical tools to form a sound basis for financial decision-making.

For candidates interested in pursuing a Chartered Financial Analyst (CFA) qualification, the Master of Applied Finance gives them a head start as it has a significant overlap with the subjects required for the CFA.

The program will provide candidates with the following competencies.
  A strong foundation in the principles and practice of finance, and a substantial base of new concepts and knowledge
  The ability to integrate and analyse financial information, and formulate appropriate strategies
  The ability to communicate clearly, persuasively and professionally
  Familiarity with major financial and statistical tools, software and databases
  The confidence and maturity to handle complex corporate and financial issues

Program Features

The Master of Applied Finance awarded by The University of Adelaide willl provide aspiring leaders with the following advantages:

  A world-class faculty from The University of Adelaide renowned for research and teaching excellence
  A full-fledged degree from one of the best universities in Australia, while staying or working in Singapore
  Opportunity to network with a diverse group of experienced and talented participants, industry leaders, experienced academic staff and consultants
  A modern, dynamic learning environment with the latest facilities
  Located in Singapore, one of the finance and business hubs of Asia.

The faculty teaching the Master of Applied Finance program are highly qualified lecturers with extensive business and academic experience. They will be drawn from the lecturers of The University of Adelaide, local academic, as well as visiting lecturers from top universities in UK, Europe, the USA and Canada

The varied background of the lecturers provides depth and variety to the curriculum. They often bring with them fresh, insightful and increasingly global perspectives challenging traditional ideas of business and finance.

Many courses include presentations from high profile guest speakers with track records of success in industry and commerce.

This powerful combination of practical and academic experience ensures that students are exposed to a rich diversity of teaching styles and managerial knowledge.

Course Structure
The Master of Applied Finance program is a part-time program consisting of 10 courses: nine compulsory courses and one elective, spread over five terms which will take approximately 15 - 18 months to complete.

Intensive lecture sessions
These intensive lecture sessions are presented by the lecturing staff from the Adelaide University as well as from its global network of established academics and consultants from the UK, the USA and Asia.

The lecture series provides for 8 three hour blocks held over two visits by the staff concerned and require students to invest some of their weekend time. The sessions are designed to enable the lecturer to both present the core material and interact with the students. These sessions may also involve exercises and group discussion under the direct supervision of the lecturer in charge of the course.

A typical intensive teaching block is as follows:
  Friday:      7.00 p.m. - 10.00 p.m.
  Saturday: 1.00 p.m. - 8.00 p.m.
  Sunday:    9.00 a.m. - 4.00 p.m.

Click here for the current Timetable

Click here for Course Description.

The teaching schedule is comprised of the following components:

Initial class meeting
At the initial class meeting students receive their study materials and an introduction to the course. Students will also be encouraged to form study groups to provide peer support and in the preparation of group assignments. Study groups also provide students opportunities to develop their business network.

Admission Criteria

Applicant for admission to the academic program for the degree of Master of Applied Finance shall:

  Have qualified for an Ordinary degree of the University of Adelaide in an appropriate field of study, or a degree of another institution accepted by the Faculty for the purpose as equivalent, and
  Have at least 2 years approved relavent work experience

The Faculty may, subject to such conditions as it may see fit to impose in each case, accept as a candidate for the degree a person who does not satisfy the requirements of Rule above but who has presented evidence satisfactory to the Faculty of fitness to undertake work for the degree.

Application & Referee Forms
Application Form (PDF document)
Referee Report (PDF document)

Application and referee report forms are also available from the NAAEC Registrar.

Applicant Checklist
Applicants must submit
  Completed Application form
  Certified copies of academic transcripts and certificate of the first degree
  Two referee reports
  Two passport-size photographs
  IELTS result of 6.5 or higher (including a Writing Component score of at least 6.0) will be required (for students whose tertiary education was not in English)

Applications cannot be considered unless all the relevant information is supplied.

Fees
  Application fee of $107.00 upon application submission, which will be fully refunded if unsuccessful meeting the entry requirments
  Course fees for one course is $2,407.50.
    Total course fee of 10-course MAF program is $24,075.00
  Tuition fees are charged on the basis of the number of subjects taken in a given term and are due 2 weeks prior to the start of the term.
  Course fees cover course notes and textbooks.

(NOTE: All fees are inclusive of 7% GST)

Payment methods:
  Cash
  NETS (Subject to your daily withdrawal limit)
  Cheque payable to
Ngee Ann-Adelaide Education Centre Pte Ltd

All fees quoted are in Singapore dollars. NAAEC reserves the right to change the course fee without prior notice.

Enquiries
Email: registrar@naaec.com.sg