FINS Honours (1 Viewer)

§eraphim

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It says that if u have failed any subject (FINS or non-FINS) u are not eligible to enter the honours year. Is this rule strictly enforced or is it flexible as I would imagine some Actuarial majors being on the borderline or failing? How about a Pass Conceded? Would that also prevent entry into finance honours too?
 

Exeter

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i think i read someone on this board its a 71% avg for level 2 and 3 subjects, does this mean fins 1612/1613 isnt counted?
 

Minai

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The rule about no fails is pretty strict, however in the handbook it says "except in exceptional circumstances" or something, where you can get the approval from the Head of School.

the 71% in Level 2 and 3 subjects may vary from School to School, best check their website or the relevant section in the handbook
 

dvse

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For what it's worth, I was accepted into honours last year - I had a PC in a non-finance subject, 80 for FINS3775 and 79 FINS average overall.
 

Exeter

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just checked the faculty handbook.
its a overall average in FINS of 75+, and no fails
if you get 85+ you classify for first class honours
 

Affinity

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failing is not something seraphim needs to worry about.
 

redslert

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look i'm sure that if you fail one subject, which i HIGHLY DOUBT!, which has nothing to do with your major it will be alright
 

§eraphim

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I read that the finance co-op is automatically awarded with honours in finance as it is a 4 yr degree. will that make entry into finance honours that much more competitive?
 

Minai

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§eraphim said:
I read that the finance co-op is automatically awarded with honours in finance as it is a 4 yr degree. will that make entry into finance honours that much more competitive?
Really? do finance co-op's have to do a thesis? or is there no research thesis component in finance honours?
 

§eraphim

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Minai said:
Really? do finance co-op's have to do a thesis? or is there no research thesis component in finance honours?
As quoted from the UNSW Handbook 2005:

Rules Governing the Award of the Degree of Bachelor of
Commerce (Finance Co-op)
Rule 1 - Pass and Honours Degrees
1.1 The degree of Bachelor of Commerce in Finance Co-op is a four year
degree program for which Honours will normally be granted. There shall
be three classes of Honours, namely Class 1, Class 2 in two Divisions
and Class 3.
1.2 With the approval of the Head of School, students who fail to meet
the performance requirements for Honours may substitute approved
Banking and Finance and other courses for Level 4 courses and be
awarded a Co-op Pass degree.
Rule 2 - Disciplinary Minors
It is not possible for students to complete the requirements of two majors
in the Bachelor of Commerce (Hons) Finance Co-op degree and they must therefore choose options so that they complete equivalent to a
“disciplinary minor” in a discipline other than their finance major. A
“disciplinary minor” is defined as four approved session courses, or
equivalent value for courses taught outside the Faculty, of which no
more than 12 units of credit may be first year courses.
Rule 3 – Entry and Continuation Conditions
3.1 Entry to the program is conditional upon:
a. meeting the entry requirements for the Bachelor of Commerce degree
b. the selection process for Finance Co-op Scholarships
3.2 Except in exceptional circumstances, continuation in the program is
conditional on meeting the performance standards required to maintain
the Co-op Scholarship. Students who lose their scholarship and are
therefore excluded from continuing in the program will be transferred
to a Bachelor of Commerce degree program and the relevant
requirements.
3.3 Students must achieve a minimum average mark of 70% in Banking
and Finance courses to remain in the program.
Rule 4 - Assessable Hours
4.1 On Campus Courses: Normal workload expectations for courses
run in “on campus” mode are a minimum of 25 hours per session per
unit of credit, including class contact hours, preparation and time spent
on all assessable work.
4.2 Industrial Training: Normal workload expectations for industrial
training courses are a minimum of the normal working hours per week
for the site at which the student is based during the duration of the
course, and program requirements as determined for placement.
Rule 5 – Passing in a Course
Where, in the following rules, reference is made to the requirement that
a student shall pass a course, the requirement shall be constructed as
meaning that the student shall complete assignments, laboratory work,
other set work and an examination or examinations by the prescribed
dates to the satisfaction of the Head of the School concerned.
Rule 6 - Normal Program
The program leading to the award of the degree of Bachelor of Commerce
(Hons) Finance Co-op comprises 192 units of credit to be completed
over a period of four academic years. Except in exceptional circumstances, a student must enrol in a minimum of 12 units per session
and will not be permitted to enrol in more than 24 units.
Except in exceptional circumstances, students are required to undertake
the Industrial Training Courses at the following times during the degree
program:
• Industrial Training 1 in the summer between first and second year
• Industrial Training 2 in the first half of their third year
• Industrial Training 3 in the second half of their third year
Rule 7 - Minimum Time for Completion
The minimum time for completing the requirements for the degree of
Bachelor of Commerce (Hons) Finance Co-op is eight sessions full-time
and Industrial Training.
Rule 8 - Academic Program Requirements: BCom 3502
To complete the requirements for the award of the degree of Bachelor of
Commerce (Hons) Finance Co-op a student must complete and pass
192 units of credit which shall include:
8.1 The compulsory courses set out in the program requirements.
8.2 12 units of approved General Education courses offered by faculties
other that the Faculty of Commerce and Economics.
8.3 A major of at least 48 units in Finance (which must be passed at an
average distinction level) in Level 1-3 courses, in addition to Industrial
Training units, and a minor in another approved disciplinary stream.
8.4 A student cannot:
8.4.1 count more than 60 units of Level 1 core and elective courses
towards their degree unless in exceptional circumstances;
8.4.2 attempt General Education courses until they have attempted 48
units of mainstream courses;
8.4.3 count mainstream courses offered by other faculties as substitutes
for General Education courses towards more than 6 units of General
Education requirements;
8.4.4 count a mainstream course offered by faculties other than the
Faculty of Commerce and Economics both as a substitute for a Commerce
and Economics option and as a substitute for a General Education
elective.
Rule 9 - Honours Degree
9.1 Honours may be taken in Banking and Finance only.
9.1.1 Students who achieve the performance standard for the Co-op
Finance Honours Degree program at the conclusion of Stage 3, must
complete the Level 4 requirements in Stage 4, or transfer to the standard
BCom pass degree.
9.2 Honours degrees will not be awarded if academic performance is
below the prescribed level.
9.3 Except in exceptional circumstances and with the approval of the
Head of School to continue in the Honours program students must:
9.3.1 achieve a minimum average mark of 75% in Banking and Finance
courses taken in years 1, 2 and 3 of the program, and
9.3.2 pass all components of the program at the first attempt.
9.4 Students who fail to meet the performance requirements for Honours:
9.4.1 may substitute approved Banking and Finance or other courses
within the Faculty of Commerce and Economics (students wishing to
undertake a major in accounting must have the approval of the Head of
School of Accounting) for Level 4 courses and be awarded a Co-op Pass
degree, and
9.4.2 shall not be permitted to enrol in Financial Decision Making Under
Uncertainty, Advanced Topics in Asset Pricing, Research Methods in
Finance 2, Advanced Topics in Corporate Finance, Recent Developments

Program Structure: Finance Co-op Program
Year Session 1 UOC Session 2 UOC
1 ACCT1501 Accounting and Financial Mgnt 1A 6 ACCT1511 Accounting and Financial Mgnt 1B 6
ECON1101 Microeconomics 1 6 ECON1102 Macroeconomics 1 6
ECON1202 Quantitative Methods A 6 ECON1203 Quantitative Methods B 6
FINS1612 Capital Markets and Institutions 6 FINS1613 Business Finance 6
Total 24 24
FINS2100 Industrial Training 1 (12 weeks)* 6 FINS3616 International Business Finance 6
2 FINS2624 Portfolio Management 6 FINS Option 6
FINS Option 6 Option 6
Option 6 General Education 6
Total 24 24
3 FINS3100 Industrial Training 2 (24 weeks) 12 FINS3200 Industrial Training 3 (24 weeks) 12
Option 6 General Education 6
FINS3775 Research Methods in Finance 1 6 FINS Option 6
Total 24 24
4 FINS4774 Financial Decision Making FINS4795 Thesis 24
Under Uncertainty 6
FINS4776 Advanced Topics in Asset Pricing 6
FINS4779 Research Methods in Finance 2 6
Finance Honours Elective Course 6
Total 24 24
* To be completed in summer session.



Finance (Honours) Co-op Program
This program is available only to students admitted through the
scholarship selection procedures administered by the Co-op Program
Office. Entry to the program is at first year only.
This is a four year Honours degree program combining the requirements
of the BCom with 15 months of coordinated industrial experience.*
Industrial training extends outside university sessions.
Year 1
Session 1
ACCT1501 Accounting and Financial Management 1A
ECON1101 Microeconomics 1
ECON1202 Quantitative Methods A
FINS1612 Capital Markets and Institutions
Session 2
ACCT1511 Accounting and Financial Management 1B
ECON1102 Macroeconomics 1
ECON1203 Quantitative Methods B
FINS1613 Business Finance
Year 2
Summer Session
FINS2100 Industrial Training 1 (12 weeks)
Session 1
FINS2624 Portfolio Management
FINS Option
Option
Session 2
FINS3616 International Business Finance
FINS Option
Option
General Education
Year 3
Session 1
FINS3100 Industrial Training 2 (24 weeks)
Option
FINS3775 Research Methods in Finance 1
Session 2
FINS3200 Industrial Training 3 (24 weeks)
General Education
FINS Option
Year 4
Session 1
FINS4774 Financial Decision Making Under Uncertainty
FINS4776 Advanced Topics in Asset Pricing
FINS4779 Research Methods in Finance 2
Finance Honours Elective Course
Session 2
FINS4795 Thesis
* With the approval of the Head of School, students who fail to meet the performance
requirements for Honours may substitute an approved selection of Finance courses
for Level 4 courses and will be awarded a Pass degree [see Rule 9 (9.4 )]
 

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