UWA Handbook 2017

Honours course

Honours in Finance

As one of the flagship programs at the Business School, Honours in Finance is popular among high-achieving students who view the honours year as an essential prerequisite to obtaining a position with an investment bank or management consulting firm. However, this honours specialisation is designed explicitly to introduce students to research in finance. It teaches them theoretical concepts and empirical applications while developing their research and analytical skills. Students are required to complete four coursework units and a dissertation. The finance dissertation is a high point of the program where students demonstrate their newly acquired research skills and knowledge. Classes are small and students have the opportunity to work with up to two research supervisors who are experts in the field. Honours in Finance graduates embark on careers not only in the finance industry but also in academia.

Outcomes: Students are able to (1) demonstrate coherent and advanced knowledge of the underlying
principles and concepts in finance; (2) demonstrate knowledge of research principles and methods; (3) apply advanced finance knowledge to solve complex problems; and (4) engage in critical debate on contentious issues in finance such as the validity of the efficient markets hypothesis and the role of corporate governance.

Entry requirements: the equivalent of a UWA weighted average mark of at least 75 per cent in the Level 3 units of the Finance major.

Intake periods: Beginning of year only

Honours sequence

Key to availability of units:
S1 = Semester 1; S2 = Semester 2; N/A = not available in 2017

Note: Units that are indicated as N/A may be available in 2018 or 2019.

Take all units (30 points):
AvailabilityUnit codeUnit name Unit rules
S1, S2FINA4486Dissertation (Finance) Part 1Prerequisites: enrolment in the Bachelor of Commerce (Honours) or completion of 144 points in the Bachelor of Philosophy (Honours)
S1, S2FINA4487Dissertation (Finance) Part 2Prerequisites: enrolment in the Bachelor of Commerce (Honours) or completion of 144 points in the Bachelor of Philosophy (Honours)
S1, S2FINA4488Dissertation (Finance) Part 3Prerequisites: enrolment in the Bachelor of Commerce (Honours) or completion of 144 points in the Bachelor of Philosophy (Honours)
S1, S2FINA4489Dissertation (Finance) Part 4Prerequisites: enrolment in the Bachelor of Commerce (Honours) or completion of 144 points in the Bachelor of Philosophy (Honours)
S1FINA4590Research Methods in Accounting and FinancePrerequisites: enrolment in the Bachelor of Commerce (Honours) or completion of 144 points in the Bachelor of Philosophy (Honours)
Take unit(s) to the value of 18 points:
AvailabilityUnit codeUnit name Unit rules
S2ECON4415International Finance and MarketsPrerequisites: ECON2234 Macroeconomics: Policy and Applications or any Level 2 Finance unit
N/AFINA4401Microstructure of Financial MarketsPrerequisites: FINA3307 Trading in Securities Markets
N/AFINA4463Advanced DerivativesPrerequisites: FINA3306 Derivative Strategies and Pricing
S2FINA4481Advanced InvestmentsPrerequisites: FINA3324 Investment Analysis or equivalent
S2FINA4482Advanced Corporate FinancePrerequisites: FINA3324 Investment Analysis or equivalent
S1FINA4491Capital Markets ResearchPrerequisites: FINA2207 Business Analysis and Valuation