Core and option units explained
Answer ID 2246 | Last updated on 17/06/2026 04.56 PM
Some units within a major are compulsory and must be completed by all students undertaking the major - these are called core units.
Other units within a major 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. At Level 2, students need to complete the following:
Level 2
Take the following unit: (this means it is a CORE unit and must be completed as part of the major)
| Availability | Unit Code | Unit Name | Unit Rules |
| S1, S2 | FINA2222 | Corporate Financial Policy | Prerequisites: FINA1221 Introduction to Finance or FINX1221 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 |
| S2 | FINA2204 | Derivatives Products and Markets | Prerequisites: STAT1520 Economic and Business Statistics or equivalent or STAX1520 Economic and Business Statistics; and FINA1221 Introduction to Finance or FINX1221 Introduction to Finance or FINA2221 Introduction to Finance |
| S1 | FINA2205 | Practical Finance Analytics | Prerequisites: STAT1520 Economic and Business Statistics or equivalent or STAX1520 Economic and Business Statistics; and FINA1221 Introduction to Finance or equivalent or FINX1221 Introduction to Finance or equivalent |
| S1 | FINA2207 | Business Analysis and Evaluation | Prerequisites: Successful completion of FINA1221 Introduction to Finance or FINX1221 Introduction to Finance or enrolment in MJD-BUSAN Business Analytics Incompatibility: ACCT3302 Financial Statement Analysis |
| S2 | FINA2209 | Financial Planning | Prerequisites: FINA1221 Introduction to Finance or FINA2221 Introduction to Finance or FINX1221 Introduction to Finance |
The example above is for illustrative purposes only and is subject to change. For full details on course and major requirements visit the online UWA Handbook.