Core and option units explained

What are core and option units?

Answer ID 2246 | Last updated on 12/11/2024 10.24 AM

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 enrolment in MJD-BUSAN Business Analytics or FINX1221 Introduction to Finance
Incompatibility: ACCT3302 Financial Statement Analysis
 S2  FINA2209 Financial Planning  Prerequisites: FINA1221 Introduction to Finance or FINA2221 Introduction to Finance or FINX1221 Introduction to Finance

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

Was this answer helpful?