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 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 (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 is 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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