Advanced Finance - B6003

Advanced Finance

Expert master degree

Help shape the global money markets with a Master of Advanced Finance.

The Master of Advanced Finance is for recent graduates or professionals already working in the finance industry. The course provides an opportunity to study the latest theories, practices and models that will shape the future of the sector.

As part of this degree, you will gain advanced insight into global financial markets, funds management, financial planning, money market dealing and business forecasting. Your studies will also have an ethics, environmental and corporate social responsibility focus.

The degree offers practical ways to apply your knowledge through the trading simulation programs run at Monash STARLab. You can also choose to undertake a research pathway, which can act as a pathway to a PhD.

The Master of Advanced Finance is recognised by the CFA Institute, the global association for investment professionals that awards the Chartered Financial Analyst® (CFA) designation. This means the program covers a minimum of 70 percent of all three topic levels of the CFA Program Candidate Body of Knowledge, thus assisting students in preparing for the CFA exams.

At a glance

Course Details

Location
  • On-campus at Caulfield: Full time
Duration
1 or 2 years full-time depending on prior qualifications. See entry requirements.
Start date
Semester One (February), Semester Two (July)
Qualification
Master of Advanced Finance
Course Handbook

Our Master of Advanced Finance will give you insights into the industry, and can also be a research pathway into our competitive doctoral program for those wanting to pursue a PhD.

The study options within this degree offer a variety of distinct pathways, depending on your career aspirations. You can either undertake a master’s coursework degree, with the chance to explore fintech, environmental finance and big data, or pursue a research pathway, which can lead to a PhD. You’ll also learn from leading academics in the field of finance as well as industry experts.

CFA Program Partner
The Master of Advanced Finance covers specialist areas of finance and is a CFA Program Partner of the CFA Institute. As a result, if you also choose to undertake the expert pathway, this course will give you the expertise you need to propel your career, and bring you a step closer to earning CFA credentials.
Find out more

Entry Requirements

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

Minimum Entry Requirements (International students)

Qualifications

Entry level 1:
96 points to complete
Duration: 2 years full-time, 4 years part-time

An Australian bachelor degree with a major in finance; or an Australian bachelor degree with significant work experience in the finance industry; or an equivalent qualification. Applicants will be ranked accordingly based on their entire academic record, and a Weighted Average Mark (WAM) of 65 is preferred.

Students wishing to undertake the research pathway must maintain at least a WAM of 80 and be accepted for entry by the Course Coordinator and the Higher Degrees Research Director.

Entry level 2:
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 65, or equivalent qualification and experience approved by the faculty which has not been used as a basis for entry.

English entry requirements

Level A
IELTS (Academic): 6.5 Overall score, with minimum band scores: Listening 6.0, Reading 6.0, Writing 6.0 and Speaking 6.0 Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21 Equivalent approved English test

University entrance requirements

Minimum entrance requirements for admission to Monash University Australia.

The course is structured in two parts: Part A. Mastery knowledge and Part B. Application studies.

Making the application

Future students

Semester one (February)

Apply directly to Monash using course code B6003

Apply

Semester two (July)

Apply directly to Monash using course code B6003

Apply

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.

International fee

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

A$50,000

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.

Enrolment Obligations

International students enrolling in a CRICOS-registered course can study no more than one third (33%) of their course by distance and/or online learning. Students must enrol in at least one unit that is not by distance and/or online in each compulsory study period unless the student is completing the last unit of their course. See standard 8.19 and 8.20 of National Code of Practice for Providers of Education and Training to Overseas Students 2018.

CRICOS code: 097641J

International course guides

If you are an international student and wish to find out more about our courses, entry requirements, studying at Monash and more, please download our international course guides below.