Best Finance Degrees (Bachelor and Masters)

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Study finance online.

An online finance degree has the potential to set you up for an interesting and lucrative career. The best online degrees are flexible and offer good subject choices.

  • You can study online for a Bachelor of Commerce with a Finance major.
  • Master of Finance online programs are open to university graduates and experienced professionals.
  • You can start an online masters by doing a 4-unit graduate certificate.

Finance students learn about the use of money, including how: (i) businesses raise and deploy capital (ii) individuals allocate savings and (iii) markets balance capital supply and demand.

Studying finance can leads to careers in banking, insurance, trading, and advisory services. Competition for jobs in Australia is high. Bachelor students may be advantaged by combining finance with another major, such as accounting. For graduates, a masters degree helps you to be considered for top positions.

Finance professionals manage assets to create wealth for investors or companies. The discipline examines how individuals, businesses and institutions raise funds to implement investment strategies... When dealing with investments, finance professionals consider the time between investment and future payoff and the risks attached to these future payoffs.

~ UniMelb

Study Finance Online

Finance is a subject that can be studied 100% online. Generally, online courses run parallel to on-campus courses. You cover the same material and sit the same end-of-term exams as terrestrial students.

For bachelor students, you can study finance online as a major in a business or commerce degree. To specialise in finance, you need to do certain prescribed units and take enough finance electives.

  • It's normal to complete the 1st year of a bachelor program with 3, 4 or more majors still open to you.
  • Finance can often be done as part of a double major – such as BCom (Acc, Fin).

An online Master of Finance program has graduate certificate and diploma courses embedded. You can start with a graduate certificate course and, if you find distance learning enjoyable, go on to complete the masters.

Finance Careers

Finance careers start with an education. From there, anything is possible depending on your talents, preferences, work ethic, and fortunes.

Demand for financial skills

A job in the finance sector can be modest and include tasks such as data entry and producing simple sales reports using software. At the other end of the scale, you could be guiding multi-billion dollar decisions around business activities or financial investments. Financial expertise is needed in virtually all organisations, including public and non-profit entities.

The best finance professionals are multi-talented, with excellent technical skills as well as ability in areas such as relationship building, communication, technology application, and inventiveness (Robert Half).

Finance sectors

Some of the biggest employers of finance professionals are in

  • commercial banking (administering savings products, credit lines, business loans and mortgages)
  • corporate finance (managing a company's financial strategy, loans, spending and reporting)
  • insurance (risk analysis, insurance policy development, claim auditing)
  • investment banking (investment advice, wealth management and capital raising for companies and funds)
  • private equity (assisting businesses raise capital for new ventures or ongoing activities).

Most careers in finance involve finding effective ways to manage an organization's money, in order to create wealth and increase the organization's value. Finance majors prepare for this career by studying topics about planning, raising funds, making wise investments and controlling costs.

Students studying finance will be tasked with big responsibilities in their careers... Those finance majors who want to have an edge over their competition, both during the initial post-graduate job search and throughout their careers, will take advanced mathematics, accounting, economics, psychology, communications and writing courses to gain a deeper insight into their jobs and a better ability to work effectively with people.

~ Investopedia

Online Bachelor Degrees

Deakin Bachelor of Commerce

Finance is offered as a major in Deakin University's Bachelor of Commerce program. To qualify, you need to complete 4 prescribed units (half a year's loading) in both the 2nd and 3rd years of the degree. An honours (4th) year is available. Cloud (online) students follow the same syllabus as on-campus students and the same trimester calendar. Subjects include money and capital markets, investment analysis, corporate finance, and analytical methods.

ECU Bachelor of Commerce (Finance)

Edith Cowan University offers both a Finance major and an Accounting and Finance double major as part of its Bachelor of Commerce degree. The double major has more than a dozen prescribed units, and some electives, across the 2nd and 3rd years of the program. Subjects include financial modelling, credit and lending decisions, financial institutions management, and personal finance. The academic year for the degree is divided into 2 semesters. An ATAR of 70+ is required for automatic entry.

UNE Finance Majors

The University of New England offers Finance as a major in the Bachelor of Business program. You can also do a Bachelor of Accounting degree with a Finance major. UNE operates on a trimester calendar (not all units are available in any given trimester). Available subjects include financial planning, financial statement analysis, small business finance, superannuation and retirement, and banking and finance.

Master of Finance Degrees

An online Master of Finance degree can be used to build upon existing financial skills or to switch careers. The structure and focus of a Master of Finance degree depends on the program and your unit choices. Specialisations include accounting, applied finance and international finance.

Master of Finance vs MBA

Master of Finance vs MBA: which is the better degree? The answer depends on your career path. A Master of Finance would normally be the best choice if you want to develop and demonstrate financial skills.

A Master of Finance is a practical degree that builds technical knowledge and capabilities. It is especially valued in banking and finance. Earning the degree demonstrates you are able to apply yourself and get on top of numbers. The qualification can launch or boost your career in finance.

The MBA, on the other hand, is a generalist degree with a management and leadership emphasis. You don't necessarily acquire technical skills by doing an MBA. Instead you come away with a better understanding of management principles and strategies.

Master of Finance student online.

CSU Master of Applied Finance

Charles Sturt University offers a 12-unit Master of Applied Finance. The program can be completed over 2 years of online, part-time study. You can choose to start with a 4-unit Graduate Certificate in Finance (and credit the units towards the masters). Available specialisations include Banking, Financial Planning, and Estate Planning. To be admitted, you should have a university degree or relevant professional experience. CSU has a tri-semester calendar, allowing you to study over summer months.

Deakin Master of International Finance

Deakin University offers an online Master of International Finance. While the core curriculum includes some international finance units, the program is flexible. Available specialisations include Advanced Finance, Finance Research Project, Financial Planning, and Risk Management. The program is 12 units for many students, extended to 16 if you are new to both finance studies and professional practice. As well as cloud (online) study, units may be taken at Deakin's Burwood campus in Melbourne.

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