Program Requirements

The Bachelor of Finance, Economics and Statistics (Honours) is comprised of the following 192 units, of which:

A maximum of 60 units may come from completion of 1000-level courses

The 192 units must include:

126 units from completion of the following compulsory courses:

BUSN1001 Business Reporting and Analysis

ECON1100 Economics I (H) or ECON1102 Macroeconomics 1

FINM1001 Foundations of Finance

STAT1008 Quantitative Research Methods

MATH1115 Mathematics and Applications 1

MATH1116 Mathematics and Applications 2

ECON1101 Microeconomics 1

FINM2001 Corporate Finance

STAT2001 Introductory Mathematical Statistics

EMET2007 Econometric Methods

ECON2016 Economics II (H)

FINM2002 Derivatives

ECON2101 Microeconomics 2

STAT3013 Statistical Inference

ECON3102 Macroeconomics 3

FINM2003 Investments

STAT3056 Advanced Mathematical Statistics

ECON3101 Microeconomics 3

ECON3100 Economics 3(H)

ECON3152 Game Theory (P)

FINM3005 Corporate Valuation

 6 units from completion of a course from the following list:

MATH2320 Advanced Analysis 1: Metric Spaces and Applications

MATH2322 Advanced Algebra 1 (H): Groups, Rings and Linear Algebra

MATH3029 Probability Modelling with Applications

 6 units from completion of a course from the following list:

STAT2005 Introduction to Stochastic Processes

STAT2032 Financial Mathematics

STAT3040 Statistical Learning

 6 units from completion of courses from the subject area ECON Economics

 48 units from completion of one of the following Honours specialisations:

Finance Honours

Statistics honours

Economic Honours

Students must achieve a minimum 75% weighted average mark in the first 120 units of courses attempted to continue in the program. Students who do not achieve a minimum of 75% weighted average mark will be transferred to the Bachelor of Economics to complete their remaining 24 units of study.

Specialisations

Elective Study

Once you have met the program requirements of your degree, you may have enough electives to complete an additional elective major, minor or specialisation.

Study Options

Admission Requirements

At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not guarantee entry into the program.

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors.

The University reserves the right to alter or discontinue its programs and change admission requirements as needed.

Domestic applicants

Before applying for a program, you should review the general information about domestic undergraduate admission to ANU programs and how to apply, and the program-specific information below.

• Applicants with recent secondary education are assessed on:
  • completion of Australian Year 12 or equivalent, and the minimum Selection Rank (from their academic qualifications, plus any adjustment factors) requirement for this program; and
  • English language proficiency; and
  • any program-specific requirements listed below.
• Applicants with higher education study are assessed on:
  • previous higher education studies; or secondary education results if completed less than one full-time equivalent year (1.0 FTE) of a degree; or the result from a bridging or preparatory course; and
  • English language proficiency; and
  • any program-specific requirements listed below.
• Applicants with vocational education and training (VET) study are assessed on:
  • previously completed VET qualifications at AQF level 5 or higher (i.e. a Diploma or above); or secondary education results if the VET qualification is not completed; and
  • English language proficiency; and
  • any program-specific requirements listed below.
• Applicants with work and life experience are assessed on:
  • ATAR or equivalent if secondary education was completed; or the Special Adult Entry Scheme (SAES); or work experience; and
  • English language proficiency; and
  • any program-specific requirements listed below.

International applicants

Applicants who complete a recognised secondary/senior secondary/post-secondary/tertiary sequence of study will be assessed on the basis of an equivalent selection rank that is calculated upon application. A list of commonly observed international qualifications and corresponding admission requirements can be found here. Applicants must also meet any program specific requirements that are listed below.

Diversity factors & English language proficiency  
As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe. If required, competitive ranking may further be confirmed on the basis of demonstrating higher-level English language proficiency.

Further information is available for English Language Requirements for Admission

Prerequisites

ACT: Specialist Mathematics (Major/Minor)/Specialist Methods(Major/Minor), NSW: Mathematics Extension 1 or equivalent. More information about interstate subject equivalencies can be found here.

Adjustment Factors

Adjustment factors are additional points added to an applicant’s Selection Rank (for example an applicant’s ATAR). ANU offers adjustment factors based on performance and equity principles, such as for high achievement in nationally strategic senior secondary subjects and for recognition of difficult circumstances that students face in their studies. 

Selection Rank adjustments are granted in accordance with the approved schedules, and no more than 15 (maximum 5 subject/performance-based adjustment factors and maximum 10 equity-based adjustment factors) can be awarded. 

You may be considered for adjustment factors if you have:

• applied for an eligible ANU Bachelor degree program
• undertaken Australian Year 12 or the International Baccalaureate
• achieved an ATAR or equivalent at or above 70
• not previously attempted tertiary study.

Please visit the ANU Adjustment Factors website for further information.

Fee Information

All students are required to pay the Services and amenities fee (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Learning Outcomes

1. Determine which financial models should be utilised to analyse and price financial assets.
2. Demonstrate their understanding of the economic foundations of financial assets as claims on resources in various market and corporate settings to design financial instruments and strategies.

3. Employ and adapt time series statistics to critically evaluate the results of empirical analysis.

4. Demonstrate the skills necessary to critically engage with and evaluate financial economic problems.
5. Evaluate key research questions as demonstrated through a process of planning, developing and executing a body of research work.

Further Information

Please note: The following courses are not offered in 2018 and will need to be replaced with

1.      ECON2016 Economics II (H) not on offer, replace with ECON2102 Macroeconomics 2 (P)

Other Information: This program can only be commenced in Semester 1. 

Study Plans: Study Plans for Commencing Semester 1