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QS Rank:

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55

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Monash University, Melbourne

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Victoria

Australia

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Program Rank

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36

The Master of Banking and Finance is your chance to further progress your career in the finance sector and be part of what’s next. You’ll gain valuable insights about the global banking industry, the role it plays in shaping our future – and the opportunities it offers for an exciting career.

Guided by leading academics and experts in the field, you’ll 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 to help lead the finance industry towards tomorrow.

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Total Tuition Fees

$53,000

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Duration

24 Months

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Median Salary

$70,000

Ranking

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#64

The World University Rankings

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#55

QS World University Rankings

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Intake

Fall ( Sept - Nov )

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Spring ( Apr - June )

Class Profile

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Class Size

38

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Average Age

28

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Average Work Experience

2 Years

Diversity

Asia:

25%

Africa:

5%

Oceania:

5%

Europe:

20%

North America:

15%

South America:

10%

Others:

20%

Career Outcomes

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Median Earnings After Graduation

$70,000 / year

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Graduation Rate

73.48%

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Job Placement

70%

Prospective Job Roles

Corporate Finance

Financial Analyst

Investment Banking

Asset Manager

International Finance Analyst

Corporate Finance Manager

Finance

Manager of Finance

Finance Analyst

Banking Lawyer

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    58

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  • TOEFL

    79

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 100

  • intake

    Transcript

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    Passport

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    TOEFL

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    PTE

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    IELTS

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    Resume

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    Personal Statement

    336

Application Deadlines

Standard Deadline
FallMay 8, 2025
SpringSep 11, 2024

Fees and Funding

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Tuition Fees

$53,000 / year

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Overall Cost

$1,32,488 / year

Funding Options

Department Funding

Scholarships

The Kummargi Yulendj (knowledge is rising) scholarship program is a transformative program that extends beyond financial aid. It opens doors to boundless opportunities including fully funded education experiences globally, priority access to student academic services and priority access to employment opportunities on campus.

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    John Monash Scholarship

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    Monash University Foundation

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    Monash University Vice-Chancellor's Scholarship

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    Monash University Dean's Scholarship

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    Monash University International Scholarship

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    Monash University Scholarships

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    Monash University Alumni Association

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    Monash University Melbourne

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    Monash University International Postgraduate Scholarship

FAQs

  • You can enrol in: summer units in August/ winter units in April/May.

  • As a full-time coursework student (eg. studying four six-credit-point-units in a standard semester), you'll need to commit to around 48 hours of study each week.

  • An international student you can apply directly to Monash for admission into a postgraduate course.

Ready to elevate your study abroad journey?

Book a call with us now and take the first step towards your global future!

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