Macquarie’s Master of Applied Finance students get a treasury edge
11 September 2017
Macquarie University’s Applied Finance Centre (MAFC) is the first university in the Australasian region to become an Association of Corporate Treasurers (ACT) Accredited Univeristy – meaning graduate students can now earn credit towards an internationally recognised professional treasury accreditation.
The ACT develops professional education standards and professional development for corporate treasurers, their banking partners and advisors – offering internationally recognised professional qualifications respected by employers worldwide.
As a result of the new partnership, students completing certain units in Macquarie University’s Master of Applied Finance program will be eligible for the ACT Certificate in Treasury, and will gain exemptions from three of the four units required to complete the Diploma in Treasury Management. Once the final unit is completed, they qualify for Associate Membership of the ACT.
MAFC Associate Professor Tony Carlton said an ACT qualification would boost the prospects for those seeking a career in corporate treasury, particularly those looking to work abroad.
“The role of a company treasurer is diverse, and changing,” said Associate Professor Carlton.
“On top of managing a company’s cash flow, financial risk profile and funding strategies, the modern treasurer needs to work with business units to improve cash flows and manage risk, and provide advice to senior management on issues around financial strategy and financial markets.
“MAFC and ACT qualifications will equip graduates with the technical and professional skills to give them an edge in the workplace – with those already in the workforce being recognised for their treasury roles, while also being exposed to broader financial functions.”
“The two qualifcations also provide access to a global network that is particularly attractive for those seeking a global career, whether it be at an international firm or one of the many Australian firms now offshoring its treasury operations.”
The ACT Accredited University scheme works with only those universities demonstrating high quality learning and development to help students to gain exemptions with the ACT’s qualifications while studying.
Ria Robinson, the ACT’s Director of Professional Standards and Governance, said the ACT and MAFC shared a commitment to arm modern treasurers with the skills to lead their profession.
“We recognise that our members learn in all sorts of ways. Our Accredited University network supports the development of international future finance talent and helps get graduates off to the best possible start in their careers,” said Ms Robinson.
“The ACT is proud to be working with Macquarie University’s Applied Finance Centre as it offers up a new world of opportunities for graduates to gain recognition for their learning.”
About Macquarie University Applied Finance Centre
Since 1980, Macquarie University Applied Finance Centre (MAFC) has provided cutting edge graduate education for finance professionals. MAFC’s programs leverage the collective experience of industry leaders and practitioners to deliver the same academic rigour that's required in the high-pressure context of real-world financial decision making. All MAFC research projects are focused on current industry needs.
To equip treasurers to excel in their role, MAFC offers top class education in Corporate Finance, Financial Risk Management and Financial Markets – as well as specialist electives in Corporate Treasury Management, Corporate Financial Strategy, Debt Capital Markets and Investment Banking.
With 5,000 alumni in over 40 countries and teaching facilities in Sydney, Melbourne and Beijing, MAFC aims to provide students with life-long connections, friendships and opportunities across global financial markets. Find out more at www.mafc.mq.edu.au