Core and option units explained

What are core and option units?

Some units within a major are compulsory and must be completed by all students undertaking the major - these are called core units.

Other units can be chosen from a list of options - these are called option units.

Some majors are made up entirely of core units, but other majors allow you to choose from a selection of options. Most majors consist of some core and some option units.

For example, the Finance major has four core units and four option units (with four additional complementary units when taken as a degree-specific major). At Level 2, students need to complete the following:

Level 2

Take the following unit: (this means it's a CORE unit and must be completed as part of the major!)

 Availability  Unit Code  Unit Name  Unit Rules
 S1, S2, S3  FINA2222  Corporate Financial  Policy    Prerequisites: FINA1221 Introduction to Finance or FINA2221 Introduction to Finance

Take unit(s) to the value of 12 points: (this means that you must choose two units (worth 6 points each) from the list of OPTIONS below)

 Availability  Unit Code  Unit Name  Unit Rules
 S1  FINA2204 Derivatives Products and Markets  Prerequisites: STAT1520 Economic and Business Statistics (or equivalent) and FINA1221/2221 Introduction to Finance
 S1  FINA2205 Quantitative Methods for Finance  Prerequisites: STAT1520 Economic and Business Statistics (or equivalent) and FINA1221 Introduction to Finance (or equivalent); for pre-2012 courses: STAT1520 Economic and Business Statistics (or equivalent) and six points of calculus
 S1  FINA2207 Business Analysis and Evaluation  Prerequisites: FINA1221 Introduction to Finance or FINA2221 Introduction to Finance
Incompatibility: ACCT3302 Financial Statement Analysis
 S2  FINA2209 Financial Planning  Prerequisites: FINA1221 Introduction to Finance or FINA2221 Introduction to Finance

For full details on major requirements visit the online UWA Handbook.

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