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What will I learn?

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’ll 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 STAR Lab. You can also choose to undertake a research pathway, which can act as a pathway to a PhD.

The program is a CFA program partner of the CFA Institute, which awards the international Chartered Financial Analyst designation.

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.

Which department am I in?

Monash Business School

CRICOS

097641J

Study options

Full Time (1 year)

Tuition fees
A$45,800.00 (24,51,820) per year
Start date

28 February 2022, 25 July 2022

Venue

Caulfield campus

900 Dandenong Road,

CAULFIELD EAST,

Victoria,

3145, MELBOURNE, Australia

Entry requirements

For students from United States

Relevant Bachelor degree or equivalent. English language requirements: IELTS Academic: 6.5 (Reading: 6.0, Listening: 6.0, Writing: 6.0, Speaking: 6.0); TOEFL paper-based: 550 (Test of written English: 4.5); TOEFL internet: 79 (Reading: 13, Listening: 12, Writing: 21, Speaking: 18); Pearson Test of English (Academic): 58 (No PTE communicative skills score below 50); Cambridge English: Advanced (CAE): 176 (No skill score below 169); Cambridge English: Proficiency (CPE): 176 (No skill score below 169).

For international students

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

An Australian bachelor's 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 80 WAM 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 qualification/experience or a satisfactory substitute that the faculty considers to be equivalent, 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, No PTE communicative skills score below 50

TOEFL Internet-based test: 79 Overall score, with minimum scores: Reading 13, Listening 12, Speaking 18 and Writing 21

Paper-based TOEFL 550 Test of written English: 4.5

Cambridge English: Advanced (CAE) 176 No skill score below 169
Cambridge English: Proficiency (CPE) 176 No skill score below 169

*There may be different IELTS requirements depending on your chosen course.

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