Management and Advanced Finance - B6051

Management and Advanced Finance

Master's degree/Master's degree

You’ve started taking steps towards an exciting, impactful career in finance and investments. You’re gaining insights and experience in areas as diverse as investment management, corporate financial decision-making, sustainable finance, machine learning and big data. You’re ready to elevate your expertise even further.

This course opens up more pathways for that progress. By developing specialist management capabilities and advancing your finance and investment expertise, you’ll build complementary skills – all of which will prepare you for a broader range of leadership roles in the financial sector.

MAKE YOUR NEXT MOVE

Throughout this two-year program, you’ll grow your understanding of global financial markets, funds management, fintech, risk management, and more. You’ll also have the chance to take a deep dive into investment banking, asset management or financial technology and sustainability – with an ongoing focus on advanced quantitative skills, programming, as well as ethics, environmental and corporate social responsibility.

This will be complemented by building on your capabilities in management. You’ll be able to solve complex problems in our digitally-driven, interconnected world, considering how businesses operate more sustainably – and helping to shape a culture that prioritises people over profit.

ELEVATE YOUR EXPERTISE

By the time you finish this double degree, you’ll be better equipped to navigate and inspire progressive change at both an organisational level – and in the broader sector too.

Ready to lead the finance industry forward towards tomorrow?

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At a glance

Course Details

Location
  • On-campus at Caulfield: Full time
Duration
  • 2 years (full time)
Start date
First semester (February) and Second semester (July)
Qualification
Master of Advanced Finance, Master of Management
Course Handbook

This two-year double master's program gives you advanced insights into the finance industry – also the opportunity to explore areas as diverse as fintech, environmental finance and big data.

You’ll complete the Master of Management in the company of experienced professionals from all kinds of industry sectors and backgrounds. Monash Business School’s Department of Management is the largest group of management educators and researchers in the Asia-Pacific region – giving you plenty of opportunities to broaden your perspective, build your network and be a part of an influential and global community.

CFA Affiliation

Monash University is part of the CFA Institute University Affiliation Program and 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 Master of Advanced Finance course 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.

Please select a specialisation for more details:

Entry Requirements

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

Minimum Entry Requirements (International students)

Qualifications

An Australian bachelor degree (or equivalent) with a major or minor* in finance with at least a high credit (65%) average or equivalent Grade Point Average (GPA).

or

An Australian bachelor degree (or equivalent) and having passed the level I CFA examination or equivalent membership of a recognised professional finance program.

*A minor is at least four units (equivalent to 24 Monash credit points).

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:
79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

1 - 6 scale:
4 Overall score, with minimum scores: Reading 3.5, Listening 3, Speaking 3.5 and Writing 4.5

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

Semester one (February)

Apply directly to Monash using course code B6051.

Apply

Semester two (July)

Apply directly to Monash using course code B6051.

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. 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: 112905E

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

International study grants

International Study Grants valued at up to $10,000