Banking and Finance - B6004
Master's degree
The finance sector is always on the move. Evolving technology and transforming markets are changing the way we manage, invest and interact with our finances. Which makes a fresh perspective and an analytical mind ideal tools for navigating that change – and making a lasting positive impact.
The Master of Banking and Finance is your chance to be a part of what’s next, as you shape an exciting career in the industry.
MAKE YOUR NEXT MOVE
During the program, you’ll gain valuable insights about the global banking industry and the role it plays in shaping our future. Grounded in research and practical opportunities to apply your knowledge, you’ll be set up with a strong foundation to build a successful career in the sector.
Guided by leading academics and experts in the field, as you study banking systems, money markets, financial management, financial modelling, lending and risk management and portfolio management. While strengthening your critical thinking, communication and market research skills as well.
ELEVATE YOUR EXPERTISE
By the end of the program, you’ll be equipped with a practical skill set that can take you anywhere, in Australia and abroad. You’ll have access to exciting career opportunities in banks, insurance companies, consultancy firms, government and large corporations.
Ready to position yourself in the new world of finance?
At a glance
Course Details
Location |
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|---|---|
Duration |
1, 1.5 or 2 years full-time depending on prior qualifications. See entry requirements. |
Start date |
First Semester (February), Second Semester (July), November |
Qualification |
Master of Banking and Finance |
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: | An Australian bachelor degree (or equivalent) and achieved at least a credit (60%) average or an equivalent grade point average (GPA). |
Entry level 2: | An Australian bachelor degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent qualification and experience approved by the faculty. OR An Australian graduate certificate (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent qualification and experience approved by the faculty. OR A four-year Australian bachelor honours degree (or equivalent) with at least a credit (60%) average or equivalent qualification and experience approved by the faculty. OR Successful completion of a Monash University Graduate Certificate of Business |
Entry level 3: | An Australian bachelor honours degree (or equivalent) in a cognate discipline with at least a credit (60%) average, or equivalent qualification and experience approved by the faculty, which has not been used as a basis for entry to another course within the Monash Business School. |
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 | or | Pearson Test of English (Academic): 58 Overall score, with minimum scores: Listening 50, Reading 50, Speaking 50 and Writing 50 | or | TOEFL iBT: 0 - 120 scale: 1 - 6 scale: | or |
Courses that require English Level A only: Other approved English tests (minimum entry scores apply) Courses with English Level B, C, D, E and F: Other approved English tests (higher entry scores apply than specified) |
University entrance requirements
Minimum entrance requirements for admission to Monash University Australia.
The course structure and progression map can be viewed in the Handbook.
Making the application
Future students
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. The fees for 2026 are:
A$59,900
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: 079580M
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.
International Study Grants
