Banking and Finance - B6004

Banking and Finance

Expert master degree

This course is also available as part of our new November intake. You can start your degree in November 2020 and complete four units before the academic year commences in March 2021. Learn how you can accelerate your studies.

Understand the changing financial world and be part of what comes next with a Master of Banking and Finance.

The Master of Banking and Finance will help you break into the banking or finance industry, even if you are new to it. You’ll gain a thorough understanding of the banking and finance sector, expand your knowledge of financial institutions and take advantage of practical opportunities to apply your knowledge.

In this degree, you’ll cover portfolio management and lending and risk management, as well as money markets and financial management.

Your degree will also come together to form a practical skill set – including critical thinking and communication skills – which you can put to use straight away as you build your career in the dynamic banking and finance sector.

At a glance

Course Details

Location
  • On-campus at Clayton: Full time & part time
Duration
1, 1.5 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date
Semester one (February), Semester two (July)
Qualification
Master of Banking and Finance
Course Handbook

By connecting research and practice, the Master of Banking and Finance enables you to develop a deep understanding of the core role of the global banking industry, and provides practical opportunities to apply your knowledge.

The course positions you for a successful career by developing your theoretical knowledge and strengthening your critical thinking, communication and market research skills.

Graduates typically find work in banks, insurance companies or other institutional settings, in both Australia an internationally.

Entry Requirements

You need to satisfy the following entrance requirements to be considered for entry to this course.

Minimum Entry Requirements (Domestic students)

Qualifications

Entry level 1:
96 points to complete

Duration: 2 years full-time, 4 years part-time

An Australian bachelor degree (or equivalent) and achieved a weighted average mark (WAM) of 60 or an equivalent grade point average (GPA) as determined by the faculty. Applicants will be ranked and selected based on their entire academic record.

Entry level 2:
72 points to complete

Duration: 1.5 years full-time, 3 years part-time

An Australian undergraduate degree (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty consider to be equivalent

OR

An Australian graduate certificate (or equivalent) in a cognate discipline with a WAM of 60, or qualifications/experience or satisfactory substitute that the faculty consider to be equivalent

OR

A four-year Australian undergraduate honours degree (or equivalent) with a WAM of 60 or qualification/experience or satisfactory substitute that the faculty considers to be equivalent.

Entry level 3:
48 points to complete
Duration: 1 year full-time, 2 years part-time

An Australian undergraduate honours degree (or equivalent) in a cognate discipline with a WAM of 60, or qualification/experience or a satisfactory substitute that the faculty considers to be equivalent, which has not been used as a basis for entry to another course within the Monash Business School.

English requirements

Applicants must also meet the English language requirements.

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course is structured in three parts. Part A. Advanced preparatory studies, Part B. Mastery knowledge and Part C. Application studies.  All students complete Part B.  Depending upon prior qualifications, you may receive credit for part A or part C or a combination of the two.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6004

Apply

Semester two (July)

Apply directly to Monash using course code B6004

Apply

Closing date

Applications for semester two close 20 July 2020.

Current Monash students

You may apply to transfer from another Monash course. Transfers are a competitive process. You may apply mid-year for available courses however consideration will be given as to whether you will be able to follow your course progression.

Please note that if you apply for a course transfer, you should still enrol in your current course as if you were continuing so as not to jeopardise your enrolment in the Faculty if your transfer application is unsuccessful. More about Course Transfer...

Self assess for credit eligibility

Check for study credit using the "Credit search" link on the Credit for prior study page

Fees

Fees are subject to change annually.

Full fee

Fees are per 48 credit points which represents a standard full-time course load for a year.

A$30,200

Fee assistance

As a full fee-paying student, you may be eligible to apply for the optional FEE-HELP to assist you to pay all or part of your tuition fees.

Scholarships

We offer over 360 types of scholarships, valued at up to $280,000. Some scholarships offer one-off payments while others continue for the length of your course. Learn more about Monash Scholarships.

Other costs and fees

For information on other study costs and fees, see other study costs.